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Description of Individual Course UnitsCourse Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | KY204B | Turkey Economy | Compulsory | 2 | 4 | 4 |
| Level of Course Unit | First Cycle | Objectives of the Course | The aim of this course to give information about the past and current situation of Turkish economy and, to acquire skills in the understanding and interpreting the economic events which took place during the first years in the republic and skills in the producing the solution for the problems. | Name of Lecturer(s) | | Learning Outcomes | 1 | To be able to grasp the being processes of economic policy in Turkey, and internal social, politic and economic factors affecting these process.; | 2 | To be able to evaluate socio-economic dynamics of regions with together Turkish economy, and analyze regional economy comparatively.; | 3 | To be able to evaluate the place of Turkish Economy and the effects of the developments in the world economy on the Turkish Economy.; | 4 | To be able to evaluate the reasons, conditions and results of Development Planning Model choice in Turkey as a newly developing country.; | 5 | To be able to analyze reasons and results of crises in Turkish economy.; |
| Mode of Delivery | Normal Education | Prerequisites and co-requisities | None | Recommended Optional Programme Components | None | Course Contents | The definition and scope of Turkey's economy. 1923-1960 period, the Turkish economy: Economic development and production structure, savings, domestic terms of trade and taxation, improvements in employment, growth in foreign trade. 1960-1994 period, the Turkish economy: economic development, production, productivity, inter-sectoral linkages, financing, employment and foreign trade. 1995. Subsequent developments. Basic economic problems and solutions. | Weekly Detailed Course Contents | |
1 | Turkish economy in the period 1923- 1938 | | | 2 | Turkish economy in the period 1939-1950: Turkish and world economic situation during and after World War II. | | | 3 | The liberal development model in the period 1950-1960; applications and results. | | | 4 | The period 1960-1978; developments in the economy during the first three plans of development; gains and remaining problems to the future. Application of the import-substitution industrialization model and its results. | | | 5 | The problems depending on petroleum shocks in the world and Turkey in 1970’s. The internal problems of Turkey and the economic depression in 1970’s. January 24 Stability Program and economic liberalization applications. | | | 6 | Turkish Economy during 1990s: April 5 Decisions and the crisis becoming chronic. | | | 7 | Turkish economy during 2000s: Crises of November 2000 and February 2001, Inflation fighting program, Strong Economy Transition Program, Turkish economy during the global financial crises. (Mid-term exam) | | | 8 | Main sectors in Turkey during 2000’s; Agricultural sector during the period 1980-2012; developments, problems and policies. | | | 9 | Industry sector; industrialization in Turkey in 2000’s. Predominant industries; strengths and weakness of the industry; industrialization models; and the roles of government and private sectors in the industrialization. | | | 10 | Developments in foreign economic relations; foreign trade, service trade and capital movements in the period 1980-2012. Liberalization in the foreign economic relations; contribution to the globalization process; and relations with the EU. | | | 11 | Capital Market in the Period 1980-2012: Banking sector; autonomy of the central bank; monetary policy applications; and roles of these applications in the economic stability. | | | 12 | Public sector in the period 1980-2012: Public finance; the discipline in the public finance and its contribution to the economic stability. | | | 13 | Population, workforce and employment problems in 2000’s. | | | 14 | Income distribution in Turkey; developments in the functional and individual income distribution; income distribution improvement policies and their results. | | |
| Recommended or Required Reading | Şahin, Hüseyin. Türkiye Ekonomisi, 11 Baskı, Ezgi Kitapevi Yayınları, Bursa, 2011. Kazgan, Gülten; Tanzimat’tan 21.Yüzyıla Türkiye Ekonomisi, İstanbul Bilgi Üniversitesi yayını, İstanbul, 2009 Kazgan, Gülten; Türkiye Ekonomisinde Krizler (1929- 2008), İstanbul Bilgi Üniversitesi yayını, İstanbul, 2011 Kepenek Yakup ve Yentürk, Nurhan, Türkiye Ekonomisi, Remzi Kitapevi, İstanbul, 2009. Karluk, Rıdvan, Türkiye Ekonomisi’nde Yapısal Dönüşüm, Beta Basım Yayım Dağıtım, İstanbul, 2007. Yeldan, Erinç. Küreselleşme Sürecinde Türkiye Ekonomisi, İletişim Yayınları, İstanbul,2004. | Planned Learning Activities and Teaching Methods | | Assessment Methods and Criteria | |
Midterm Examination | 1 | 100 | SUM | 100 | |
Final Examination | 1 | 100 | SUM | 100 | Term (or Year) Learning Activities | 40 | End Of Term (or Year) Learning Activities | 60 | SUM | 100 |
| Language of Instruction | Turkish | Work Placement(s) | None |
| Workload Calculation | |
Midterm Examination | 1 | 60 | 60 | Final Examination | 1 | 60 | 60 | |
Contribution of Learning Outcomes to Programme Outcomes | LO1 | 1 | 2 | 3 | 2 | 2 | 3 | 1 | 2 | LO2 | 1 | 2 | 3 | 3 | 3 | 3 | 1 | 2 | LO3 | 2 | 2 | 3 | 2 | 3 | 3 | 1 | 3 | LO4 | 1 | 4 | 3 | 2 | 3 | 3 | 1 | 5 | LO5 | 1 | 5 | 2 | 2 | 4 | 3 | 1 | 2 |
| * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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