TR EN

ECONOMIC GROWTH AND DEVELOPMENT PROGRAMME COURSE DESCRIPTION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
UTI403 ECONOMIC GROWTH AND DEVELOPMENT 5 3 3 5

GENERAL INFORMATION

Language of Instruction : Turkish
Level of the Course Unit : , TYY: + , EQF-LLL: , QF-EHEA:
Type of the Course : Elective
Mode of Delivery of the Course Unit -
Coordinator of the Course Unit
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

Jones, C. (2016). Iktisadi Buyumeye Giris. Translation: Sanli Ates ve Ismail Tuncer, 4th Edition, Istanbul: Literatur Publications.
Yeldan, E. (2011). Iktisadi Buyume ve Bolusum Teorileri. 2nd Edition, Ankara: Efil Publications.
Schumpeter, J. A. (1983). Theory of Economic Development. Somerset, United Kingdom: Taylor & Francis Inc.
Şimşek, M. Ve Kadılar, C. (2010). Türkiye’de Beşeri Sermaye, İhracat Ve Ekonomik Büyüme Arasındaki İlişkinin Nedensellik Analizi, C.Ü. İktisadi ve İdari Bilimler Dergisi, Cilt 11, Sayı 1, ss.115-140.

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
Describe basic theories of microeconomics and macroeconomics by benefiting from assumptions and axioms.
5
2
Recognize the entries in the book and financial balance sheet of the business organization.
4
3
Define concepts, theories and principles of basic and subfields of international trade by adhering to the background knowledge.
5

KNOWLEDGE

Factual

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Summarize historical development of the international trade theories by adhering to the chronological order.
5
2
Use theoretical knowledge gained in the field of international trade in occupational practices and daily life.
5
3
Solve financial and legal problems confronted in international trade practices.
5

SKILLS

Cognitive

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Relate statistical raw data by benefiting from computer programs and relate data with one another in consideration of theoretical knowledge.
5
2
Evaluate developments in the world in consideration of common courses in the faculty with an intellectual perspective.
5

SKILLS

Practical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Interpret current events and facts in international trade based on advanced knowledge and skills from an analytical and systematic holistic view.
5

OCCUPATIONAL

Autonomy & Responsibility

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Relate knowledge about economic globalization and internationalization with current knowledge in the field.
5

OCCUPATIONAL

Learning to Learn

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Examine current economic policies applied over the gained advanced knowledge and skills by a critical approach.
5

OCCUPATIONAL

Communication & Social

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Explain demands in written or verbally by using the foreign language skill in business and social life effectively.
4
2
Tell knowledge, thoughts and solution offers regarding subjects in international trade to relevant stakeholders demands in written or verbally.
5
3
Design a healthy communication network for themselves in the business world by using social life skills.
5

OCCUPATIONAL

Occupational and/or Vocational

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Analyze current issues, events and problems by benefiting from theoretical and historical knowledge of international trade and economics.
5
2
Develop suggestions for international trade policies by determining economic problems in the macro level.
5
3
Apply commercial applications in consideration of knowledge gained in financing and management of international trade by being inclusive of international market
4
4
Discuss the effects of commercial and financial globalization processes on the income distribution, by benefiting from data.
5

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