TÜRKÇE
ENGLISH
Information
| Code | IKZ206 |
| Name | History of Economics |
| Term | 2024-2025 Academic Year |
| Semester | 4. Semester |
| Duration (T+A) | 2-0 (T-A) (17 Week) |
| ECTS | 4 ECTS |
| National Credit | 2 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 TOLGA KABAŞ |
| Course Instructor |
1 2 |
Course Goal / Objective
The aim of this course is to teach the founders of economics and important economic thought schools. Contemporary economic policies are products of founding fathers and their schools. In order to understand modern economic problems and policies, fouding fathers thoughts should be learned.
Course Content
In this course the historical development and evolution of economics science will be told. During the course founding fathers like Adam Smith, David Ricardo, Jeremy Bentham, John Stuart Mill, Alfred Marshall, J. Maynard Keynez will be introduced.
Course Precondition
There are no course prerequisites.
Resources
The Making Of Modern Economics: The Lives and Ideas of the Great Thinkers, Mark Skousen, M.E. Sharpe
Notes
Feodal Toplumdan Yirminci Yüzyıla, Leo Huberman, İletişim.
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 andMonetarist 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 science 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 numerical and policy options when confronted with problems. | 2 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Use quantitative and qualitative techniques of model building, decoding and interpretation. | 2 |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Use the theory of economics in the analysis of economic events. | 2 |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Use computer programs, do synthesis and present prepared data efficiently. | |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Apply the methods of economic analysis. | 3 |
| PLO10 | Bilgi - Kuramsal, Olgusal | Analyze at conceptual level and acquires ability in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems | 3 |
| PLO11 | Beceriler - Bilişsel, Uygulamalı | Use of different sources about an unfamiliar field within academic principles, synthesize gained data and presents effectively. | 3 |
| PLO12 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Take responsibility individually and / or in a team, take leadership and work effectively. | 1 |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself.. | 3 |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Use Turkish and at least one foreign language in accordance with the requirements of academic and work life. | 3 |
| 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. | 2 |
| PLO16 | Yetkinlikler - Alana Özgü Yetkinlik | Question traditional approaches, practices and methods. | 1 |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Recognize and apply social, scientific and professional ethical values. | 3 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Topics Overview of Economic Thought and Method | Students will read the relevant sections of the books by topics | Öğretim Yöntemleri: Anlatım |
| 2 | European Thought and Mercantilist doctrine at the beginning of New Age | Students will read the relevant sections of the books by topics | Öğretim Yöntemleri: Anlatım |
| 3 | Liberal Doctrine and the Emergence of Liberal Economics | Review the Topics Discussed in the Lecture Notes and Sources | Öğretim Yöntemleri: Anlatım |
| 4 | Cases that directed classical political economics and classical economics in the first century. | Students will read the relevant sections of the books by topics | Öğretim Yöntemleri: Anlatım |
| 5 | Classical Economics and the main contributions | Review the Topics Discussed in the Lecture Notes and Sources | Öğretim Yöntemleri: Anlatım |
| 6 | Socialist Thoughts | Students will read the relevant sections of the books by topics | Öğretim Yöntemleri: Anlatım |
| 7 | Doctrine of National Economy and Historical Thoughts | Students will read the relevant sections of the books by topics | Öğretim Yöntemleri: Anlatım |
| 8 | Mid-Term Exam | Prepare to exam | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Neo-classical economics and additives | Review the Topics Discussed in the Lecture Notes and Sources | Öğretim Yöntemleri: Anlatım |
| 10 | Neo-classical economics (Continued) | Students will read the relevant sections of the books by topics | Öğretim Yöntemleri: Anlatım |
| 11 | Institutional School of Thought and Contributions | Students will read the relevant sections of the books by topics | Öğretim Yöntemleri: Anlatım |
| 12 | The Economics of Keynes and Keynesianism | Review the Topics Discussed in the Lecture Notes and Sources | Öğretim Yöntemleri: Anlatım |
| 13 | Austrian School and the new Liberal of Economics | Students will read the relevant sections of the books by topics | Öğretim Yöntemleri: Anlatım |
| 14 | Monetarism, Neo-Classical Economics and Supply Economics | Students will read the relevant sections of the books by topics | Öğretim Yöntemleri: Anlatım |
| 15 | Keynesian Economics and Contributions | Review the Topics Discussed in the Lecture Notes and Sources | Öğretim Yöntemleri: Anlatım |
| 16 | Term Exams | Students will read the relevant sections of the books by topics | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | Students will read the relevant sections of the books by topics | Ölçme Yöntemleri: Yazılı Sınav |
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 | ||