Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
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ECF414 | TURKISH ECONOMY | 8 | 3 | 3 | 7 |
GENERAL INFORMATION |
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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 | Prof. BÜLENT EŞİYOK |
Instructor(s) of the Course Unit | |
Course Prerequisite | No |
OBJECTIVES AND CONTENTS |
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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) |
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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 |
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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 |
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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 |
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Assessment & Grading of In-Term Activities | Number of Activities | Degree of Contribution (%) | Description |
Level of Contribution | |||||
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0 | 1 | 2 | 3 | 4 | 5 |
KNOWLEDGE |
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Theoretical |
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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)
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1 | |||||
2 |
Evaluate the economic environment and overall sustainability of firms. (Bloom 4)
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3 |
KNOWLEDGE |
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Factual |
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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)
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3 | |||||
2 |
Define principles, concepts, methods and theories related with economics and finance. (Bloom 1)
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1 |
SKILLS |
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Cognitive |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Interpret the charts and tables related to the field. (Bloom 2)
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4 |
SKILLS |
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Practical |
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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)
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2 | |||||
2 |
Analyze economic and financial reports. ((bloom 4)
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2 | |||||
3 |
Use basic mathematics, statistics and econometric methods and tools to solve economic and financial problems. (Bloom 3)
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2 | |||||
4 |
Interpret the operation of current economic, political and social events by using institutional information related with Economics and Finance.(Bloom 2)
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5 |
OCCUPATIONAL |
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Autonomy & Responsibility |
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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).
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1 |
OCCUPATIONAL |
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Learning to Learn |
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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)
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5 |
OCCUPATIONAL |
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Communication & Social |
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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)
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4 |
OCCUPATIONAL |
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Occupational and/or Vocational |
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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)
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3 | |||||
2 |
Evaluate the effectiveness of the general economic system and public policies and their effects on markets and basic economic variables.(Bloom 4)
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4 | |||||
3 |
Analyze the cause and effect relationships between the relevant economic variables. (Bloom 4)
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3 | |||||
4 |
Evaluate the expected trends and portfolio analyzes in interest and exchange rates within the framework of the general financial system. (Bloom 4)
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2 |
WORKLOAD & ECTS CREDITS OF THE COURSE UNIT |
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Workload for Learning & Teaching Activities |
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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 |