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HISTORY OF ECONOMIC THOUGHT PROGRAMME COURSE DESCRIPTION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
EKF331 HISTORY OF ECONOMIC THOUGHT 5 3 3 6

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 Assist.Prof. NURTEN ELKİN
Instructor(s) of the Course Unit
Course Prerequisite No

OBJECTIVES AND CONTENTS

Objectives of the Course Unit: The development of this discipline of economics will be dealt with in a historical context. In doing so, we will place importance on both methodological and analytical questions and will consider alternatives to thinking about 'mainstream' economics.
Contents of the Course Unit: The course includes the methodological foundations of the history of economic thought, political economy according to Adam Smith, David Ricardo and malthus, the birth of socialist thought, the end of economic thought and quantitative economics independent of doctrines.

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

Will be able to explain the historical origins of contemporary economic concepts.
Will be able to argue the currents of thought and thought which have been in serious contribution to economics in a historical frame together with this knowledge.
Will be able to explain the social and historical context in which economic theories emerged throughout history.
Will be able to discuss different approaches to economic processes.
Can show that there are multiple ways of thinking about current economic issues.
Will be able to explain the historical origins of contemporary economic concepts.

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY

Week Preparatory Topics(Subjects) Method
1 Relevant Unit(s)of The Course Book Economic Thought in Antiquity Lecturing
2 Relevant Unit(s)of The Course Book Economic Thought in the Middle Ages Lecturing
3 Relevant Unit(s)of The Course Book Mercantilism Lecturing
4 Relevant Unit(s)of The Course Book Classical Theory from Mercantilism: Liberal Thought Lecturing
5 Relevant Unit(s)of The Course Book Physiocracy Lecturing
6 Relevant Unit(s)of The Course Book Classical Theory Lecturing
7 Relevant Unit(s)of The Course Book David Ricardo Lecturing
8 - MID-TERM EXAM -
9 Relevant Unit(s)of The Course Book J.B.Say Lecturing
10 Relevant Unit(s)of The Course Book First Reactions Against Classics Lecturing
11 Relevant Unit(s)of The Course Book Marginalism Lecturing
12 Relevant Unit(s)of The Course Book Marginalism: Lausanne School Lecturing
13 Relevant Unit(s)of The Course Book Neoclassical Economics Lecturing
14 Relevant Unit(s)of The Course Book J.M.Keynes Lecturing
15 Relevant Unit(s)of The Course Book Monetarism Lecturing
16 - FINAL EXAM -
17 - FINAL EXAM -

SOURCE MATERIALS & RECOMMENDED READING

Arif Ersoy, Economic Theories and Thought History, Nobel Publications, 3rd Edition, 2008.
E. K. Hunt, History of Economic Thought, Dost Publication, 2005

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
Explains the basic concepts related to the field and associates them with the developmental theories.
5
2
Explains the global, regional and local differences using the basic concepts of human development based on relevant developmental theories.
5
3
Defines and implements the proffesional limitations, competencies and responsibilities that can be used in the academic works and field practices.
5

KNOWLEDGE

Factual

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Has ability of written and verbal expression in order to collaborate with relevant people and institutions related to the field.
5
2
Describes the basic facts, principles, processes of the other disciplines related to the field and the methods used in practice, analyzes and evaluates at the undergraduate level.
5
3
Finds various solutions to individual and social problems using professional knowledge and skills and being objective.
5

SKILLS

Cognitive

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Formulates the thoughts and practices in the field.
5
2
Contributes with the ideas in works that require teamwork, discusses the ideas to bring up as a matter.
5

SKILLS

Practical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Joins actively to the teamwork.
5
2
Designs and implements an entire study related to the field, analyzes and reports the findings.
5
3
Completes the responsibilities and fulfilling the duties as a team member in a joint work related to the field.
5

OCCUPATIONAL

Autonomy & Responsibility

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Works independently in researches and practices related to the field.
5
2
Takes active role and different responsibilities as a team member or a team leader and completes them successfully.
5

OCCUPATIONAL

Learning to Learn

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Displays such a performance which shows that internalizing personal development and lifelong learning is an ongoing process.
5

OCCUPATIONAL

Communication & Social

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Awares of the individual, personal, social and professional responsibilities.
5

OCCUPATIONAL

Occupational and/or Vocational

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Organizes the basic and specific topics, facts and theories related to the field, uses this knowledge in professional practice.
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 14 2 28
Land Surveying 0 0 0
Group Work 0 0 0
Laboratory 0 0 0
Reading 8 5 40
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 3 10 30
Mid-Term Exam 1 1 1
Preparation for the Mid-Term Exam 2 5 10
Short Exam 0 0 0
Preparation for the Short Exam 0 0 0
TOTAL 43 0 152
Total Workload of the Course Unit 152
Workload (h) / 25.5 6
ECTS Credits allocated for the Course Unit 6,0