TÜRKÇE
ENGLISH
Information
| Code | IKZ403 |
| Name | Economic Policy |
| Term | 2023-2024 Academic Year |
| Semester | 7. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Dr. Öğr. Üyesi MUSTAFA ILDIRAR |
| Course Instructor |
Dr. Öğr. Üyesi MUSTAFA ILDIRAR
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
This course aims to explore the effectiveness of economic policy in combating economic problems by presenting the conceptual framework of the aimed economic policy and the views on economic policy of economic approaches.
Course Content
Instead of the cause-effect relationship of the theoretical economy, it deals with the economic events of the future within the objective-instrumental relationship. For this purpose, economic system, economic policy decision-making units, goals in economic policy, tools and measures to solve the politics of politics of recognition and treatment are being done.
Course Precondition
There are no course prerequisites.
Resources
Economic Policy Theory and Practice- Agnès Bénassy-Quéré, Benoît Cœuré, Pierre Jacquet, and Jean Pisani-Ferry
Notes
Why Nations Fail: The Origins of Power, Prosperity, and Poverty-Daron Acemoglu (Author), James A. Robinson (Author), Dan Woren (Narrator)
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Compares new classical and new Keynesian approaches in the frame of general economic policy |
| LO02 | Understands how to use economic policy instruments to achieve the objectives of economic policy |
| LO03 | Knows new classical and new Keynesian approaches in the frame of general economic policy |
| LO04 | Examines traditional and unconventional monetary policies |
| LO05 | Students will have information about the effectiveness of monetary and fiscal policies. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the importance of demand and supply in economy science and the well-running conditions of the market economy | |
| PLO02 | Bilgi - Kuramsal, Olgusal | Define the role of pricing within the event advantage of the market economy. | |
| 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. | 5 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Perceive the costs and benefits arising from the global economy | |
| PLO05 | Bilgi - Kuramsal, Olgusal | Produce numerical and policy options when confronted with problems. | 4 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Use quantitative and qualitative techniques of model building, decoding and interpretation. | |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Use the theory of economics in the analysis of economic events. | 3 |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Use computer programs, do synthesis and present prepared data efficiently. | |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Apply the methods of economic analysis. | 2 |
| PLO10 | Bilgi - Kuramsal, Olgusal | Analyze at conceptual level and acquires ability in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems | 4 |
| PLO11 | Beceriler - Bilişsel, Uygulamalı | Use of different sources about an unfamiliar field within academic principles, synthesize gained data and presents effectively. | |
| PLO12 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Take responsibility individually and / or in a team, take leadership and work effectively. | 3 |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself.. | |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Use Turkish and at least one foreign language in accordance with the requirements of academic and work life. | |
| PLO15 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Understand and interpret related people´s feelings, thoughts, and behaviours correctly; expresse him-/herself accurately in written and oral language. | |
| PLO16 | Yetkinlikler - Alana Özgü Yetkinlik | Question traditional approaches, practices and methods. | |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Recognize and apply social, scientific and professional ethical values. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | The concept of economic politics, its importance, its historical development and its place in economics. Value judgments in economic policy. | reading | |
| 2 | Economic System Economic Order and Economic Policy | reading | |
| 3 | The main differences between economics and politics | reading | |
| 4 | Economic Political Decision Units and Demand Formation | reading | |
| 5 | Scientific preference and ideological preference | reading | |
| 6 | Objectives in Economic Policy | reading | |
| 7 | Tools of Economic Policy | reading | |
| 8 | Mid-Term Exam | prepare to exam | |
| 9 | economic policy and macro theories | reading | |
| 10 | Classical Macro Theory and Economic Policy | reading | |
| 11 | Keynesian Macro Theory and Economic Policy | reading | |
| 12 | Monetarist Macro Theory and Economic Policy | reading | |
| 13 | Rational Expectations Theory and Economic Policy | reading | |
| 14 | Supply Side Economics and Economic Policy | reading | |
| 15 | Turkey's Social Development Process | reading | |
| 16 | Term Exams | final exam | |
| 17 | Term Exams | final exam |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 3 | 42 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 12 | 12 |
| Final Exam | 1 | 18 | 18 |
| Total Workload (Hour) | 114 | ||
| Total Workload / 25 (h) | 4,56 | ||
| ECTS | 5 ECTS | ||