TÜRKÇE
ENGLISH
Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| ECONOMICS PR. (ENGLISH) | |
| Code | ECOS421 |
| Name | Economic Policy |
| Term | 2026-2027 Academic Year |
| Semester | 7. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | İngilizce |
| Level | Belirsiz |
| Type | Normal |
| Label | E Elective |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. CENGİZ AYTUN |
| Course Instructor |
The current term course schedule has not been prepared yet.
|
Course Goal / Objective
The aim of this course is to examine the effectiveness of economic policy in addressing economic issues by presenting the conceptual framework of economic policy and the perspectives of various economic approaches on economic policy.
Course Content
Rather than focusing on cause-and-effect relationships, theoretical economics examines future economic events within a means-end framework. To this end, the economic system, economic policy decision-making units, the objectives and instruments of economic policy, and economic policy measures—from diagnosis to implementation—are the subject of analysis.
Course Precondition
There are no prerequisites for this course.
Resources
Vural Savaş-Politik İktisat
Notes
Ekonomi Politik-Jean Jacques Rousseau (Çeviren:İsmet Berkan),İmge Yayınları
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | It explains the classical and Keynesian approaches from the perspective of general economic policy. |
| LO02 | Economic policy tools are used to achieve economic policy objectives. |
| LO03 | It explains the New Classical and New Keynesian approaches from the perspective of general economic policy. |
| LO04 | Explains traditional and non-traditional monetary policies. |
| LO05 | The student explains the effectiveness of monetary and fiscal policies. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the importance of demand and supply in economy sciece and the well-running conditions of the market economy | |
| PLO02 | Bilgi - Kuramsal, Olgusal | Define the role of pricing within the event advantage of the market economy | |
| PLO03 | Bilgi - Kuramsal, Olgusal | Define the role of the state in economy, money and financial policies, the central bank and the structure of the market | 5 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Perceive the costs and benefits arising from the global economy | |
| PLO05 | Bilgi - Kuramsal, Olgusal | Produce nymerical and policy options when confronted with problems | 4 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Use quantitative and qualitative techniques of model building, decoding and interpretation | |
| PLO07 | Bilgi - Kuramsal, Olgusal | Use the theory of economics in the analysis of economic events | 5 |
| PLO08 | Bilgi - Kuramsal, Olgusal | Use computer programs, do synthesis and present prepared data efficiently | |
| PLO09 | Bilgi - Kuramsal, Olgusal | Apply the methods of economic analysis. | 5 |
| PLO10 | Bilgi - Kuramsal, Olgusal | Analyze at conceptual level and aquire abiliy in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems | 4 |
| PLO11 | Bilgi - Kuramsal, Olgusal | Take responsibility individually and/or in a team, take leadership and work effectively | 3 |
| PLO12 | Beceriler - Bilişsel, Uygulamalı | Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself | |
| PLO13 | Beceriler - Bilişsel, Uygulamalı | Use of different sources about an unfamiliar field within academic principles, synthesize gained data and present effectively | |
| PLO14 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Use Turkish and at least one foreign language in accordance with the requirements of academic and work life | |
| PLO15 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Understand and interpret related peoples´ feelings, thoughts and behaviours correctly; express him-/herself accurately in written and oral language | |
| PLO16 | Yetkinlikler - Öğrenme Yetkinliği | Question traditional approaches, practices and methods. | 5 |
| PLO17 | Yetkinlikler - Öğrenme Yetkinliği | Recognize and apply social, scientific and professional ethical values. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | The concept, subject matter, importance, historical development, and place of economic policy within the field of economics. Value judgments in economic policy | Reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 2 | Economic System, Economic Order, and Economic Policy | Chapter reading | Öğretim Yöntemleri: Anlatım |
| 3 | The fundamental differences between economics and politics | Chapter reading | Öğretim Yöntemleri: Anlatım |
| 4 | Decision-Making Units and Demand Formation in Economic Policy | Chapter reading | Öğretim Yöntemleri: Anlatım |
| 5 | Scientific preferences and ideological preferences | Chapter reading | Öğretim Yöntemleri: Anlatım |
| 6 | Objectives of Economic Policy | Chapter reading | Öğretim Yöntemleri: Anlatım, Tartışma |
| 7 | Tools of Economic Policy | Chapter reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 8 | Mid-Term Exam | Ölçme Yöntemleri: Yazılı Sınav |
|
| 9 | Economic policy and macroeconomic theories | Chapter reading | Öğretim Yöntemleri: Anlatım |
| 10 | Classical Macroeconomic Theory and Economic Policy | Chapter reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 11 | Keynesian Macroeconomic Theory and Economic Policy | Chapter reading | Öğretim Yöntemleri: Anlatım, Tartışma |
| 12 | Monetary Macroeconomics and Economic Policy | Chapter reading | Öğretim Yöntemleri: Anlatım, Tartışma |
| 13 | The Theory of Rational Expectations and Economic Policy | Chapter reading | Öğretim Yöntemleri: Anlatım, Tartışma |
| 14 | Supply-Side Economics and Economic Policy | Chapter reading | Öğretim Yöntemleri: Anlatım, Tartışma |
| 15 | Turkey's Process of Social Development | Chapter reading | Öğretim Yöntemleri: Anlatım, Tartışma |
| 16 | Term Exams | Ölçme Yöntemleri: Yazılı Sınav |
|
| 17 | Term Exams | Ölçme Yöntemleri: Yazılı Sınav |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 3 | 42 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 15 | 15 |
| Final Exam | 1 | 15 | 15 |
| Total Workload (Hour) | 114 | ||
| Total Workload / 25 (h) | 4,56 | ||
| ECTS | 5 ECTS | ||