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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 : 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 Assoc.Prof. BÜLENT İLHAN
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
Define the basic concepts of economics, administrative and human sciences. (Bloom 1)
2
Evaluate the economic environment and overall sustainability of firms. (Bloom 4)

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)
2
Define principles, concepts, methods and theories related with economics and finance. (Bloom 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)

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
Analyze economic and financial reports. ((bloom 4)
3
Use basic mathematics, statistics and econometric methods and tools to solve economic and financial problems. (Bloom 3)
4
Interpret the operation of current economic, political and social events by using institutional information related with Economics and Finance.(Bloom 2)

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).

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)

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)

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)
2
Evaluate the effectiveness of the general economic system and public policies and their effects on markets and basic economic variables.(Bloom 4)
3
Analyze the cause and effect relationships between the relevant economic variables. (Bloom 4)
4
Evaluate the expected trends and portfolio analyzes in interest and exchange rates within the framework of the general financial system. (Bloom 4)

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