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TURKISH ECONOMY PROGRAMME COURSE DESCRIPTION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
ECF414 TURKISH ECONOMY 8 3 3 7

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 : Compulsory
Mode of Delivery of the Course Unit -
Coordinator of the Course Unit Assoc.Prof. BÜLENT İLHAN
Instructor(s) of the Course Unit Assist.Prof. REYHAN ÖZEŞ ÖZGÜR
Course Prerequisite No

OBJECTIVES AND CONTENTS

Objectives of the Course Unit: This course aims to provide students with the historical, institutional and structural framework, the basic properties of Türkiye's economy and gain the ability to analyze current problems.
Contents of the Course Unit: Contents of the course include the process and concepts such as National Economy, statism, liberal adaptation, import substitution period, outward capital sovereignty period, financialization and hot money sovereignty.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)

Explain the historical background of economy in Türkiye from the Ottoman period to the present. (2)
Relate significant changes and developments in Türkiye's economy with the international political and economic points. (4)
Explain the economic, political, historical and social origins of economy in Türkiye. (2)
Analyze the production and distribution channels that shape the economy in Türkiye. (4)
Analyze the economy in Türkiye by dividing it into periods. (4)
Evaluate the economy in Türkiye in terms of current political, economic and political developments. (5)

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY

Week Preparatory Topics(Subjects) Method
1 Reading Revolution and Years with War: Economy in Türkiye before Republic (1908-1922) Lecture & Question Answer
2 Reading Reorganization in open economy conditions (1923-1929) Lecture & Question Answer
3 Reading Protectionist and Statist Industrialization (1930-1939) Economy Policies in Türkiye after the Second World War (1940-1945) World Economy over articulation trial (1946-1953) Blockage and Re-adaptation Period (1954-1961) Inward, Foreign Expanding Period (1962-1976) Crisis Period (1977-1979) Lecture & Question Answer & Analysis
4 Reading Economy Policies in Türkiye after the Second World War (1940-1945) Lecture & Question Answer & Analysis
5 Reading World Economy over articulation trial (1946-1953) Lecture & Question Answer & Analysis
6 Reading Blockage and Re-adaptation Period (1954-1961) Lecture & Question Answer & Analysis
7 Reading Inward, Foreign Expanding Period (1962-1976) Lecture & Question Answer & Analysis
8 - MID-TERM EXAM -
9 Reading Crisis Period (1977-1979) Lecture & Question Answer & Analysis
10 Reading Foreign expansion process after 1980 (1980-1988) Lecture & Question Answer & Analysis
11 Reading Foreign expansion process after 1980 (1980-1988) Lecture & Question Answer & Analysis
12 Reading International Finance Capital and Economy in Türkiye (1989-2007) Lecture & Question Answer & Analysis
13 Reading International Finance Capital and Economy in Türkiye (1989-2007) Lecture & Question Answer & Analysis
14 Reading International Crisis and Economy in Türkiye (2008-2012) Lecture & Question Answer & Analysis
15 Reading Current Economic Problems Lecture & Question Answer & Analysis
16 - FINAL EXAM -
17 - FINAL EXAM -

SOURCE MATERIALS & RECOMMENDED READING

Boratav, K. (2012). Turkey Economic History 1908-2009. Imge Publications
Yenturk, N. ve Yakup K. (2008). Turkısh Economy. Istanbul: Remzi Publications. 22nd Edition
Yeldan, E.(2013). Turkey Economy in Globalization ProcessIletisim Publications 17th Edition d. Ifmc Iktisat Journal
by Ivan Kushnir, (2019), Economy of Turkey (Economy in countries)

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 basic concepts of economics, administrative and human sciences. (Bloom 1)
1
2
Evaluate the economic environment and overall sustainability of firms. (Bloom 4)
3

KNOWLEDGE

Factual

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Relate principles and concepts of economics and finance with other disciplines. (Bloom 4)
3
2
Define principles, concepts, methods and theories related with economics and finance. (Bloom 1)
1

SKILLS

Cognitive

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Interpret the charts and tables related to the field. (Bloom 2)
4

SKILLS

Practical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Evaluate the theoretical models of economic policies which have direct or indirect effects by using the facts and dynamics of the economic system.(Bloom 4)
2
2
Analyze economic and financial reports. ((bloom 4)
2
3
Use basic mathematics, statistics and econometric methods and tools to solve economic and financial problems. (Bloom 3)
2
4
Interpret the operation of current economic, political and social events by using institutional information related with Economics and Finance.(Bloom 2)
5

OCCUPATIONAL

Autonomy & Responsibility

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Organize economic and financial activities in humanitarian and social terms with adherence to ethics. (Bloom 4).
1

OCCUPATIONAL

Learning to Learn

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Develop a critical perspective on national and international economic, political, social, financial and development problems. (bloom 6)
5

OCCUPATIONAL

Communication & Social

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Follow the agenda on economics, politics and social issues and improve himself/ herself. (bloom 6)
4

OCCUPATIONAL

Occupational and/or Vocational

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Analyze current issues and problems by using the structure and properties of Macro and Microeconomics and variables. (Bloom 4)
3
2
Evaluate the effectiveness of the general economic system and public policies and their effects on markets and basic economic variables.(Bloom 4)
4
3
Analyze the cause and effect relationships between the relevant economic variables. (Bloom 4)
3
4
Evaluate the expected trends and portfolio analyzes in interest and exchange rates within the framework of the general financial system. (Bloom 4)
2

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 8 2 16
Assignment (Homework) 13 2 26
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 3 12 36
Mid-Term Exam 1 1 1
Preparation for the Mid-Term Exam 3 10 30
Short Exam 0 0 0
Preparation for the Short Exam 0 0 0
TOTAL 56 0 178
Total Workload of the Course Unit 178
Workload (h) / 25.5 7
ECTS Credits allocated for the Course Unit 7,0