TÜRKÇE
ENGLISH
Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| ECONOMICS PR. (ENGLISH) | |
| Code | ECOS412 |
| Name | Turkish Economics |
| Term | 2026-2027 Academic Year |
| Semester | 8. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 6 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. HARUN BAL |
| Course Instructor |
The current term course schedule has not been prepared yet.
|
Course Goal / Objective
To analyze the structural transformation of the Turkish economy from the late Ottoman period to the present, focusing on growth, inflation, and institutional changes.
Course Content
This course covers the historical development of the Turkish economy, major policy shifts (statism, liberalization), and contemporary economic challenges.
Course Precondition
yok
Resources
The Political Economy of Modern Turkey, Ziya Öniş; The Turkish Economy: Foundations of Modern Turkey, Memduh Hacıoğlu.
Notes
The Political Economy of Modern Turkey, Ziya Öniş; The Turkish Economy: Foundations of Modern Turkey, Memduh Hacıoğlu.
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Understand the historical stages of Turkey's economic development. |
| LO02 | Analyze the impact of structural adjustment programs and crises. |
| LO03 | Evaluate current macroeconomic indicators and sectoral performance. |
| LO04 | Examine the relationship between political stability and economic performance in Turkey. |
| LO05 | Discuss the structural problems such as the current account deficit and the middle-income trap. |
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 | 4 |
| 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 | 4 |
| 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 | |
| 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. | 4 |
| PLO10 | Bilgi - Kuramsal, Olgusal | Analyze at conceptual level and aquire abiliy in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems | |
| PLO11 | Bilgi - Kuramsal, Olgusal | Take responsibility individually and/or in a team, take leadership and work effectively | |
| 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 | 4 |
| PLO16 | Yetkinlikler - Öğrenme Yetkinliği | Question traditional approaches, practices and methods. | 4 |
| PLO17 | Yetkinlikler - Öğrenme Yetkinliği | Recognize and apply social, scientific and professional ethical values. | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Economic legacy of the Ottoman Empire and 1923 İzmir Economic Congress. | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 2 | 1923-1929 Era: Liberalism and the early years of the Republic. | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 3 | 1930-1945 Era: Statism and the Great Depression's impact on Turkey. | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 4 | 1950s: Transition to multi-party system and agricultural mechanization. | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 5 | 1960-1980 Era: Import-Substitution Industrialization (ISI) and planned economy. | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 6 | The January 24 Decisions: Transition to export-oriented growth and liberalization. | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 7 | The 1990s: Economic instability, high inflation, and the "lost decade." | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 8 | Mid-Term Exam | Ölçme Yöntemleri: Yazılı Sınav |
|
| 9 | The 2001 Crisis: Causes, effects, and the "Transition to a Strong Economy" program. | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 10 | Structural Reforms: Banking sector reforms and the role of the IMF/World Bank. | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 11 | Monetary Policy in Turkey: Central Bank independence and inflation targeting. | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 12 | Foreign Trade & Investment: Export performance and Foreign Direct Investment (FDI). | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 13 | Current Economic Issues: Exchange rate volatility, current account deficit, and growth. | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 14 | Future Outlook: Middle-income trap, digitalization, and green transformation. | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 15 | General evaluation | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, 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 | 1 | 20 | 20 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 20 | 20 |
| Final Exam | 1 | 20 | 20 |
| Total Workload (Hour) | 144 | ||
| Total Workload / 25 (h) | 5,76 | ||
| ECTS | 6 ECTS | ||