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)
|
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|
|
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 |
|