Code |
Name of the Course Unit |
Semester |
In-Class Hours (T+P) |
Credit |
ECTS Credit |
ITR403 |
ECONOMIC GROWTH AND DEVELOPMENT |
5 |
3 |
3 |
5 |
GENERAL INFORMATION |
Language of Instruction : |
English |
Level of the Course Unit : |
BACHELOR'S DEGREE, TYY: + 6.Level, EQF-LLL: 6.Level, QF-EHEA: First Cycle |
Type of the Course : |
Elective |
Mode of Delivery of the Course Unit |
- |
Coordinator of the Course Unit |
Assist.Prof. ÇAĞLA TUĞBERK ARIKER |
Instructor(s) of the Course Unit |
|
Course Prerequisite |
No |
OBJECTIVES AND CONTENTS |
Objectives of the Course Unit: |
This course aims to improve the aptitude for the classification of historical development of the growth theory in accordance with the characteristics of the period and determining differences between economic growth and development and introduce several targeting methods of development policies used in the social level. |
Contents of the Course Unit: |
Contents of the course include basics of economic growth, Harrod-domar growth model, Solow model, growth based on human capital, AK model, growth in the Romer model, heterodox growth models, basic concepts of economic development, poverty, poverty calculation method, income disparity, calculation method of income disparity, development policies. |
KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to) |
List the development of economic growth theory on the basis of periods |
Contrast economic growth and economic development over three different aspects |
List several targeting methods used in development policy practices for public by exemplifying them |
Measure the poverty index with a given distance and income to the poverty limit |
WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY |
Week |
Preparatory |
Topics(Subjects) |
Method |
1 |
Reading |
Basics of Economic Growth |
Lecture & Question and Answer & Discussion |
2 |
Reading |
Harrod-Domar Growth Model |
Lecture & Question and Answer & Discussion |
3 |
Reading |
Solow Model |
Lecture & Question and Answer & Discussion |
4 |
Reading |
Growth Based on Human Capital |
Lecture & Question and Answer & Discussion |
5 |
Reading |
AK Model |
Lecture & Question and Answer & Discussion |
6 |
Reading |
Growth in the Romer Model |
Lecture & Question and Answer & Discussion |
7 |
Reading |
Heterodox Growth Models |
Lecture & Question and Answer & Discussion |
8 |
- |
MID-TERM EXAM |
- |
9 |
Reading |
Basic Concepts of Economic Development |
Lecture & Question and Answer & Discussion |
10 |
Reading |
Poverty |
Lecture & Question and Answer & Discussion |
11 |
Reading |
Poverty Calculation Method |
Lecture & Question and Answer & Discussion |
12 |
Reading |
Income Disparity |
Lecture & Question and Answer & Discussion |
13 |
Reading |
Calculation Method of Income Disparity |
Lecture & Question and Answer & Discussion |
14 |
Reading |
Development Policies |
Lecture & Question and Answer & Discussion |
15 |
Reading |
General Revision |
Lecture & Question and Answer & Discussion |
16 |
- |
FINAL EXAM |
- |
17 |
- |
FINAL EXAM |
- |
SOURCE MATERIALS & RECOMMENDED READING |
Acemoglu, D. (2011). Introduction to Modern Economic Growth. New Jersey, United States: Princeton University
Press. |
Jones, C. and Vollrath, D. (2013). Introduction to Economic Growth. New York, United States: WW Norton & Co. |
Schumpeter, J. A. (1983). Theory of Economic Development. Somerset, United Kingdom: Taylor & Francis Inc. |
ASSESSMENT |
Assessment & Grading of In-Term Activities |
Number of Activities |
Degree of Contribution (%) |
Description |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
CONTRIBUTION OF THE COURSE UNIT TO THE PROGRAMME LEARNING OUTCOMES
KNOWLEDGE |
Theoretical |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Define the theories, concepts and principles of the basic and sub-fields of business.
|
|
|
|
|
|
|
2 |
Explain business functions and processes based on current scientific sources.
|
|
|
|
|
|
|
KNOWLEDGE |
Factual |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Relate internationally valid business cases with the theories and concepts of other social sciences.
|
|
|
|
|
|
|
SKILLS |
Cognitive |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Explain the current events and facts in his / her field analytically and systematically based on advanced knowledge and skills he / she has.
|
|
|
|
|
|
|
SKILLS |
Practical |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Use the theoretical and factual knowledge in business for occupational practices.
|
|
|
|
|
|
|
2 |
Solve individual and organizational problems in business life.
|
|
|
|
|
|
|
3 |
Use computer programs (SPSS, R, Excel, Stata) efficiently against the complex business problems.
|
|
|
|
|
|
|
OCCUPATIONAL |
Autonomy & Responsibility |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Plan research and work using knowledge and skills gained in the field of business.
|
|
|
|
|
|
|
2 |
Organize the activities for organizational goals and purposes independently.
|
|
|
|
|
|
|
OCCUPATIONAL |
Learning to Learn |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Criticize advanced knowledge and skills in the field with a critical approach.
|
|
|
|
|
|
|
2 |
Develop the existing knowledge and skills with a critical point of view under the impact of scientific, technological and current developments.
|
|
|
|
|
|
|
OCCUPATIONAL |
Communication & Social |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Express his/her knowledge, thoughts and solutions on business to related stakeholders in written and verbal ways.
|
|
|
|
|
|
|
2 |
Use the information and communication technology software and equipment required for business.
|
|
|
|
|
|
|
OCCUPATIONAL |
Occupational and/or Vocational |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Apply the social, scientific, cultural and ethical values at the stages of collection of data, their implementation, interpretation and announcement of results in the field of business.
|
|
|
|
|
|
|
2 |
Relate the concepts of social rights, occupational safety, employee health, quality management and sustainability with the cases in business life.
|
|
|
|
|
|
|
WORKLOAD & ECTS CREDITS OF THE COURSE UNIT |
Workload for Learning & Teaching Activities |
Type of the Learning Activites |
Learning Activities (# of week) |
Duration (hours, h) |
Workload (h) |
Lecture & In-Class Activities |
14 |
3 |
42 |
Preliminary & Further Study |
13 |
2 |
26 |
Land Surveying |
0 |
0 |
0 |
Group Work |
0 |
0 |
0 |
Laboratory |
0 |
0 |
0 |
Reading |
0 |
0 |
0 |
Assignment (Homework) |
0 |
0 |
0 |
Project Work |
0 |
0 |
0 |
Seminar |
0 |
0 |
0 |
Internship |
0 |
0 |
0 |
Technical Visit |
0 |
0 |
0 |
Web Based Learning |
0 |
0 |
0 |
Implementation/Application/Practice |
0 |
0 |
0 |
Practice at a workplace |
0 |
0 |
0 |
Occupational Activity |
0 |
0 |
0 |
Social Activity |
0 |
0 |
0 |
Thesis Work |
0 |
0 |
0 |
Field Study |
0 |
0 |
0 |
Report Writing |
0 |
0 |
0 |
Final Exam |
1 |
1 |
1 |
Preparation for the Final Exam |
7 |
5 |
35 |
Mid-Term Exam |
1 |
1 |
1 |
Preparation for the Mid-Term Exam |
5 |
4 |
20 |
Short Exam |
0 |
0 |
0 |
Preparation for the Short Exam |
0 |
0 |
0 |
TOTAL |
41 |
0 |
125 |
|
Total Workload of the Course Unit |
125 |
|
|
Workload (h) / 25.5 |
4,9 |
|
|
ECTS Credits allocated for the Course Unit |
5,0 |
|