Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| ECONOMICS PR. (ENGLISH) | |
| Code | ECOZ206 |
| Name | History of Economics |
| Term | 2017-2018 Academic Year |
| Semester | 4. Semester |
| Duration (T+A) | 2-0 (T-A) (17 Week) |
| ECTS | 4 ECTS |
| National Credit | 2 National Credit |
| Teaching Language | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Dr. Öğr. Üyesi TOLGA KABAŞ |
| Course Instructor |
Dr. Öğr. Üyesi TOLGA KABAŞ
(Bahar)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
To explain historical development and evolution of economics science.
Course Content
The founders of economics and important economic thought schools will be explained.
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Being able to explain characteristics of Classical School and its members. |
| LO02 | Being able to explain the importance of Marjinalizm. |
| LO03 | Being able to explain characteristics Neoclassical School and its members. |
| LO04 | Being able to explain the importance of Keynesian Revolution. |
| LO05 | Being able to explain the views of Milton Friedman about monetary policy. |
| LO06 | Being able to compare the different schools of economic thought (Classical, Neoclassical, Keynesian and Monetarist schools). |
| LO07 | Being able to explain Karl Marx's thoughts about capitalism. |
| LO08 | Being able to explain how the laissez-faire capitalism is emerged and developed. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the importance of demand and supply in economy sciece and the well-running conditions of the market economy | 3 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Define the role of pricing within the event advantage of the market economy | 3 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Define the role of the state in economy, money and financial policies, the central bank and the structure of the market | 3 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Perceive the costs and benefits arising from the global economy | 3 |
| PLO05 | Bilgi - Kuramsal, Olgusal | Produce nymerical and policy options when confronted with problems | |
| PLO06 | Bilgi - Kuramsal, Olgusal | Use quantitative and qualitative techniques of model building, decoding and interpretation | |
| PLO07 | Bilgi - Kuramsal, Olgusal | Use the theory of economics in the analysis of economic events | 3 |
| PLO08 | Bilgi - Kuramsal, Olgusal | Use computer programs, do synthesis and present prepared data efficiently | |
| PLO09 | Bilgi - Kuramsal, Olgusal | Apply the methods of economic analysis. | |
| PLO10 | Bilgi - Kuramsal, Olgusal | Analyze at conceptual level and aquire abiliy in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems | |
| PLO11 | Bilgi - Kuramsal, Olgusal | Take responsibility individually and/or in a team, take leadership and work effectively | |
| PLO12 | Beceriler - Bilişsel, Uygulamalı | Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself | 3 |
| PLO13 | Beceriler - Bilişsel, Uygulamalı | Use of different sources about an unfamiliar field within academic principles, synthesize gained data and present effectively | 3 |
| PLO14 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Use Turkish and at least one foreign language in accordance with the requirements of academic and work life | |
| PLO15 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Understand and interpret related peoples´ feelings, thoughts and behaviours correctly; express him-/herself accurately in written and oral language | |
| PLO16 | Yetkinlikler - Öğrenme Yetkinliği | Question traditional approaches, practices and methods. | |
| PLO17 | Yetkinlikler - Öğrenme Yetkinliği | Recognize and apply social, scientific and professional ethical values. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Introduction to the Course | Source Reading | |
| 2 | It All Started with Adam | Source Reading | |
| 3 | The French Connection: Laissez Faire Anavce | Source Reading | |
| 4 | The Irreverent Malthus Challenges the New Model of Prosperity | Source Reading | |
| 5 | Tricky Ricardo Takes Economics Down a Dangerous Road | Source Reading | |
| 6 | Milling Around: John Stuart Mill and the Socialists Search for Utopia | Source Reading | |
| 7 | Marx Madness Plunges Economics into a New Dark Age | Source Reading | |
| 8 | Out of the Blue Danube: Menger and the Austrians Reverse the Tide | Source Reading | |
| 9 | Midterm exam | Review the Topics Discussed in the Lecture Notes and Sources | |
| 10 | Marshalling the Troops: Scientific Economics Comes of Age | Source Reading | |
| 11 | Go West, Young Man: Americans Solve the Distribution Problem in Economics | Source Reading | |
| 12 | The Conspicuous Veblen Versus the Protesting Weber: Two Critics Debate the Meaning of Capitalism | Source Reading | |
| 13 | The Keynes Mutiny: Capitalism Faces Its Greatest Challenge | Source Reading | |
| 14 | Samuelson and Modern Economics | Source Reading | |
| 15 | Samuelson and Modern Economics | Source Reading | |
| 16 | Joseph Schumpeter | Source Reading | |
| 17 | Joseph Schumpeter | Source Reading |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 2 | 28 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 2 | 28 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 1 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 8 | 8 |
| Final Exam | 1 | 24 | 24 |
| Total Workload (Hour) | 88 | ||
| Total Workload / 25 (h) | 3,52 | ||
| ECTS | 4 ECTS | ||