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Information
| Unit | INSTITUTE OF SOCIAL SCIENCES |
| ECONOMICS (PhD) | |
| Code | İKT821 |
| Name | Postk Keynesian Economics and Pricing Theory |
| Term | 2022-2023 Academic Year |
| Term | Spring |
| Duration (T+A) | 4-0 (T-A) (17 Week) |
| ECTS | 10 ECTS |
| National Credit | 4 National Credit |
| Teaching Language | Türkçe |
| Level | Doktora Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | |
| Course Instructor |
The current term course schedule has not been prepared yet.
|
Course Goal / Objective
The aim of this course is to introduce Post Keynesian Economics and explain pricing theory.
Course Content
Post-Keynesian economics, differences between mainstream economics and Post-Keynesian economics, pricing behavior, endogenity of money, credit and financial stability
Course Precondition
Yok
Resources
Mehmet Fatih Cin, Post Keynezyen İktisat Marc Lavoie, Introduction to Post-Keynesian Economics
Notes
Selected Articles
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Reveal the basic features of post-Keynesian economics |
| LO02 | Learn the differences between mainstream economics and Post-Keynesian economics |
| LO03 | Explain the pricing behavior of firms in the Post-Keynesian approach |
| LO04 | Understand why money is endogenous in monetary policy |
| LO05 | Explain why credit and financial stability are central to modern business cycle theories |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explains the importance of demand and supply and the conditions of the market economy to work better | 5 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Conducts new research that contributes to science. | 4 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Specifies the role of the market economy, the price advantage of the event. | 5 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Specifies the role of the price advantage in market economy | 5 |
| PLO05 | Bilgi - Kuramsal, Olgusal | Faces with challenges, produces a numerical and policy options. | 5 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Applies the methods of economic analysis. | 4 |
| PLO07 | Bilgi - Kuramsal, Olgusal | Acquires the ability of analyzing in the conceptual level ,compares interprets, evaluates and synthesizes ideas in order to develop solutions to the problems. | |
| PLO08 | Bilgi - Kuramsal, Olgusal | Has the knowledge of quantitative and qualitative techniques used in Economics. | |
| PLO09 | Yetkinlikler - Alana Özgü Yetkinlik | Builds, decodes and interprets models by using quantitative and qualitative techniques | |
| PLO10 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Takes responsibility individually and / or in a team,leads a team and works effectively | |
| PLO11 | Yetkinlikler - Öğrenme Yetkinliği | With the awareness of the necessity of life-long learning, follows the latest developments about his field and improves himself | |
| PLO12 | Bilgi - Kuramsal, Olgusal | Speaks Turkish, and at least one other foreign language in accordance with the requirements of academic and business life. | |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | Recognize and apply social, scientific and professional ethical values. | 4 |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Expresses himself/herself accurately, both orally and in writing. | |
| PLO15 | Beceriler - Bilişsel, Uygulamalı | Publishes original studies in the field of economics in scientific journals. | 5 |
| PLO16 | Beceriler - Bilişsel, Uygulamalı | Knows where and how to find all scientific resources and data with information technologies to do research. | |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Understands the necessity and importance of research in social sciences. | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Mainstream economics and heterodox economics | Relevant Chapters | Öğretim Yöntemleri: Anlatım |
| 2 | J.M. Keynes and mainstream economics | Relevant Chapters | Öğretim Yöntemleri: Anlatım |
| 3 | Post Keynesian Microeconomics | Relevant Chapters | Öğretim Yöntemleri: Anlatım |
| 4 | Post Keynesian Macroeconomics | Relevant Chapters | Öğretim Yöntemleri: Anlatım |
| 5 | Effective demand and Employment | Relevant Chapters | Öğretim Yöntemleri: Anlatım |
| 6 | The doctrines of administered and normal cost prices | Relevant Chapters | Öğretim Yöntemleri: Anlatım |
| 7 | The doctrine of mark up prices | Relevant Chapters | Öğretim Yöntemleri: Anlatım |
| 8 | Mid-term exam | Relevant Chapters | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Arguments of pricing and prices | Relevant Chapters | Öğretim Yöntemleri: Anlatım |
| 10 | Pricing, prices and Inflation | Relevant Chapters | Öğretim Yöntemleri: Anlatım |
| 11 | Credit, financial stability and business cycles | Relevant Chapters | Öğretim Yöntemleri: Anlatım |
| 12 | Post-Keynesian Monetary Theory and Central Banking | Relevant Chapters | Öğretim Yöntemleri: Anlatım |
| 13 | Post-Keynesian fiscal policy | Relevant Chapters | Öğretim Yöntemleri: Anlatım |
| 14 | Crises and Post Keynesian economics | Relevant Chapters | Öğretim Yöntemleri: Anlatım |
| 15 | International Finance and Post-Keynesian Economics | Relevant Chapters | Öğretim Yöntemleri: Anlatım |
| 16 | Term evaluation | Relevant Chapters | Öğretim Yöntemleri: Anlatım |
| 17 | Final Exam | Relevant Chapters | Ölçme Yöntemleri: Yazılı Sınav |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 4 | 56 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 12 | 168 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 1 | 2 | 2 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 12 | 12 |
| Final Exam | 1 | 24 | 24 |
| Total Workload (Hour) | 262 | ||
| Total Workload / 25 (h) | 10,48 | ||
| ECTS | 10 ECTS | ||