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Information
| Unit | INSTITUTE OF SOCIAL SCIENCES |
| ECONOMICS (PhD) | |
| Code | İKT838 |
| Name | History of Development of Economic Theory |
| Term | 2024-2025 Academic Year |
| Term | Fall and Spring |
| Duration (T+A) | 4-0 (T-A) (17 Week) |
| ECTS | 8 ECTS |
| National Credit | 4 National Credit |
| Teaching Language | Türkçe |
| Level | Doktora Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | |
| Course Instructor |
The current term course schedule has not been prepared yet.
|
Course Goal / Objective
Dersin amacı iktisadın bilim olma sürecine katkı sağlayan düşünürleri, bu düşünürlerin temsil ettikleri düşünce okullarını tarihsel perspektifden açıklamaktır.
Course Content
The Birth of Economic Theory and Early Thoughts, Economic Thoughts in Ancient and Middle Ages, Mercantilism and Economic Policies, Physiocracy and Agricultural Economics, Classical Economic Theory, Adam Smith and the Invisible Hand Theory, David Ricardo and Comparative Advantages, Malthus's Population Theory, John Stuart Mill and Political Economy, Marxist Economics and Critical Approach, Karl Marx and the Theory of Surplus Value, Criticism of Capitalism and Historical Materialism, Socialist Planning Approaches, Neoclassical Economics and the Marginalist Revolution, Contributions of William Jevons, Carl Menger and Leon Walras, Marginal Utility Theory and Pricing Mechanism, Market Equilibrium and General Equilibrium Theory, Keynesian Economics and the Macroeconomic Revolution, John Maynard Keynes and Aggregate Demand Analysis, Monetary Policy and Fiscal Policy Relationship Politics of the Keynesian Revolution Outputs, Monetarism and the Chicago School, Milton Friedman and the Importance of Money Supply, Inflation, Unemployment and the Phillips Curve Discussions, The Role of the Free Market and the State, New Classical and New Keynesian Economics, Rational, Expectations Revolution (Lucas, Sargent), Real Business Cycle Theory (Prescott, Kydland), The New Keynesian Model and Microfoundations, Development and Institutional Economics, Joseph Schumpeter and Creative Destruction, Douglass North and the Role of Institutions, New Perspectives in Development Economics, Behavioral Economics and Psychology-Based Models, Herbert Simon and Bounded Rationality, Daniel Kahneman and Behavioral Decision Theory, Behavioral Finance and the Psychology of the Individual Investor, Contemporary Economic Thought and New Debates, Post-Keynesian, Feminist and Ecological Economics, Globalization and Modern Macroeconomic Theories Crises, Big Data and New Economics Approaches
Course Precondition
There are no prerequisites for the course.
Resources
E. K. Hunt, Mark Lautzenheiser, İktisadi Düşünce Tarihi
Notes
E. K. Hunt, Mark Lautzenheiser, İktisadi Düşünce Tarihi
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Explains how economic theory has developed and changed in different periods. |
| LO02 | Explains the main economic schools and approaches such as Classical, Keynesian, Marxist, Monetarist and Behavioral Economics. |
| LO03 | Explains the contributions of Adam Smith, Karl Marx, John Maynard Keynes, Milton Friedman, and other notable economists. |
| LO04 | Explain the influence of historical theories on modern economic policies. |
| LO05 | Events such as the Great Depression and the 2008 Global Financial Crisis explain the framework of different economic approaches. |
| LO06 | Explains the historical conditions in which the economic models used emerged. |
| LO07 | Explains the relationships between economics and sociology, political science and psychology. |
| LO08 | Explain comparatively the strengths and weaknesses of different schools of economics. |
| LO09 | Explains Post-Keynesian, Behavioral and Ecological Economics approaches. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explains the importance of demand and supply and the conditions of the market economy to work better | 5 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Conducts new research that contributes to science. | 4 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Specifies the role of the market economy, the price advantage of the event. | 5 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Specifies the role of the price advantage in market economy | 5 |
| PLO05 | Bilgi - Kuramsal, Olgusal | Faces with challenges, produces a numerical and policy options. | 5 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Applies the methods of economic analysis. | 5 |
| PLO07 | Bilgi - Kuramsal, Olgusal | Acquires the ability of analyzing in the conceptual level ,compares interprets, evaluates and synthesizes ideas in order to develop solutions to the problems. | 4 |
| PLO08 | Bilgi - Kuramsal, Olgusal | Has the knowledge of quantitative and qualitative techniques used in Economics. | |
| PLO09 | Yetkinlikler - Alana Özgü Yetkinlik | Builds, decodes and interprets models by using quantitative and qualitative techniques | |
| PLO10 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Takes responsibility individually and / or in a team,leads a team and works effectively | |
| PLO11 | Yetkinlikler - Öğrenme Yetkinliği | With the awareness of the necessity of life-long learning, follows the latest developments about his field and improves himself | |
| PLO12 | Bilgi - Kuramsal, Olgusal | Speaks Turkish, and at least one other foreign language in accordance with the requirements of academic and business life. | |
| PLO13 | Yetkinlikler - Alana Özgü Yetkinlik | Recognize and apply social, scientific and professional ethical values. | |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Expresses himself/herself accurately, both orally and in writing. | 4 |
| PLO15 | Beceriler - Bilişsel, Uygulamalı | Publishes original studies in the field of economics in scientific journals. | |
| PLO16 | Beceriler - Bilişsel, Uygulamalı | Knows where and how to find all scientific resources and data with information technologies to do research. | |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Understands the necessity and importance of research in social sciences. | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | İktisadi Düşünce Konularına Genel Bir Bakış ve Yöntem | okuma | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 2 | Yeni Çağ Başlarında Avrupa Düşüncesi ve Merkantilist Doktrin | okuma | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 3 | Liberal Doktrin ve Liberal İktisadın Doğuşu | okuma | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 4 | İktisadın İlk yüzyılında Klasik Politik İktisada Yön Veren Olgular Ve Klasik İktisat | okuma | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 5 | Klasik İktisat ve Başlıca Katkılar | okuma | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 6 | Sosyalist Düşünceler | okuma | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 7 | Milli İktisat Doktrini ve Tarihçi Düşünceler | okuma | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 8 | Mid-Term Exam | okuma | Ölçme Yöntemleri: Yazılı Sınav, Ödev |
| 9 | Neo-klasik İktisat ve Katkılar | okuma | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 10 | Neo-klasik İktisat (Devam) | okuma | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 11 | Kurumcu Düşünce Okulu ve Katkılar | okuma | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 12 | Keynes İktisadı ve Keynescilik | okuma | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 13 | Avusturya Okulu ve Yeni Liberal İktisat | okuma | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 14 | Monetarizm, Yeni-Klasik İktisat ve Arz Ekonomisi | okuma | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 15 | Keynezyen İktisat ve Katkılar | okuma | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 16 | Term Exams | okuma | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | okuma | Ölçme Yöntemleri: Yazılı Sınav |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 4 | 56 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 4 | 56 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 1 | 30 | 30 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 30 | 30 |
| Final Exam | 1 | 30 | 30 |
| Total Workload (Hour) | 202 | ||
| Total Workload / 25 (h) | 8,08 | ||
| ECTS | 8 ECTS | ||