Turkish Economy (IKT401) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Turkish Economy IKT401 Area Elective 3 0 0 3 7
Pre-requisite Course(s)
N/A
Course Language Turkish
Course Type Elective Courses
Course Level Bachelor’s Degree (First Cycle)
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Demonstration.
Course Coordinator
Course Lecturer(s)
  • Asst. Prof. Dr. Eşref Uğur Çelik
Course Assistants
Course Objectives To explain the nature, the basic features, and the outcome of the economic policies as from the proclamation of the Republic till to end of 1970s
Course Learning Outcomes The students who succeeded in this course;
  • To understand the main economic, and social problems at the earlier stages of the Republic.
  • To understand the linkage between capital accumulation regimes and the nature of the economic policies.
  • To understand the impact of the 1929 world crisis in designing the economic policy in Turkey, and the economic-social-political context of the transition to etatism
  • To learn the basic features, and the outcome of etatist economic policies.
  • To learn and understand the nature of planning, and the main mechanisms of the foreign debt crisis which occurred towards the end of the 1970s as well as its impact on the society.
Course Content Oveview of the economic policy from 1923 to 1980; (January) 1980 stabilization and structural adjustment program; new financial cycle and economic-financial crisis (1994,1998, 2000, 2001), 17th, 18th, 19th stand-by arrangements and structural reforms; the impact of the 2008-2009 financial crisis and further developments.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 The economic implications of the Treaty of Lausanne and –İzmir- Economic Congress. Hershlag, pp.7-30; Boratav, pp.19-37; Ökçün (whole book)
2 Economic recovery : openness of the economy (1923-1929). Hershlag, pp.33-74; Boratav, pp. 39-58
3 Outcomes of economic recovery and the conditions preparing the etatist period (1929-1932) Hershlag, pp. 33-74; Boratav, pp. 39-58
4 Import substituting industrialization under protective foreign trade regime (1933-1939)-part I Hershlag, pp. 75-172; Boratav, pp. 58-80; Kazgan, pp. 43-92
5 Import substituting industrialization under protective foreign trade regime-part II Hershlag, pp. 75-112; Boratav, pp. 58-80; Kazgan, pp. 43-92
6 Fracture: World War II (1940-1945) Hershlag, pp. 177-192; Boratav, 81-92
7 Midterm exam
8 Liberal economic policies: A new attempt of articulation with the world capitalist system (1946-1953) Hershlag, pp. 177-267; Boratav, 93-106; Kazgan, pp. 93-128
9 Liberal economic policies: A new attempt of articulation with the world capitalist system (1946-1953) Hershlag, pp. 177-267; Boratav, 93-106; Kazgan, pp. 93-128
10 Economic bottlenecks: Interventionism and readjustment (1954-1961). Hershlag, pp. 177-267; Boratav, 93-106; Kazgan, pp. 93-128
11 A new strategy of development based on planning (1961-1962) Boratav, pp.117-144; Hale, 141-158
12 Inward looking and dependent expansion (import substituting industrialization, 1962-1977) Boratav, pp. 117-144; Hale, 141-158
13 Foreign debt crisis and economic recession (1978-1979). Boratav, pp, 117-144; Hale, pp. 161-249; Kazgan, pp. 135-193
14 Economic and social problems in Turkey in the eve of her engagement to neo-liberal model Referred publications
15 General evaluation and discussion
16 Final Exam

Sources

Course Book 2. Hershlag, Z.Y. (1958), Turkey, An Economy in Transition,Uitgeverij Van Keulen N.V., The Hague.
3. Hale, W. (1981), The Political and Economic Development of Modern Turkey, Croom Helm, London.
4. Boratav.Korkut, (2003), Türkiye İktisat Tarihi, 1908-2002, 7.Baskı, İmge Yayınevi, Ankara.
5. Kazgan, Gülten, (2005), Türkiye Ekonomisinde Krizler (1929-2001), İstanbul Bilgi Üniv., Yay.
Other Sources 6. Kazgan, Gülten,(1999), Tanzimat’tan XXI.Yüzyıla Türkiye Ekonomisi,Altın Kitaplar,İstanbul (or İstanbul Bilgi Üniv. Yay., Nisan 2002)
7. Kepenek, Yakup ve Yentürk, Nurhan, (2003), Türkiye Ekonomisi, 11 baskı, Remzi Kitabevi, İstanbul. (veya son baskı)
8. Ökçün, Gündüz,(1997),Türkiye İktisat Kongresi, 1923-İzmir, Haberler-Belgeler-Yorumlar, SPK Yay., No:59, Ankara
9. ( İnan, Afet, (1982), İzmir İktisat Kongresi, 17 Şubat-4 Mart 1923, TTK Yay., Ankara.
10. Kuruç, Bilsay, (1988), Belgelerle Türkiye İktisat Politikası (1929-1932), 1. Cilt, A.Ü., SBF Yay. No: 569, Ankara.
11. Kuruç, Bilsay (1993), Belgelerle Türkiye İktisat Politikası (1933-1935), 2. Cilt, A.Ü., SBF Yay. No: 580, Ankara.
12. Tezel, Yahya Sezai (1994),Cumhuriyet Döneminin İktisadi Tarihi (1923-1950), 3. Baskı, Tarih Vakfı/ Yurt Yay., İstanbul
13. DPT, Beş Yıllık Kalkınma Planları (ilk üç plan).

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation - -
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments 2 10
Presentation - -
Project - -
Report - -
Seminar - -
Midterms Exams/Midterms Jury 1 40
Final Exam/Final Jury 1 50
Toplam 4 100
Percentage of Semester Work 50
Percentage of Final Work 50
Total 100

Course Category

Core Courses X
Major Area Courses
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

# Program Qualifications / Competencies Level of Contribution
1 2 3 4 5
1 Have an advanced level of basic theoretical knowledge on the field of public finance in order to obtain the practical gains. X
2 Identify the issues related to the field of public finance by dealing with it within the framework of the methodological approach, and report and evaluate it from an analytical point of view. X
3 Understand, interpret and analyse economic and financial events, equipped with knowledge of certain disciplines, especially economics, business and law. X
4 Develop policies and strategies for solving the problems by establishing the cause-effect relationship related to fiscal and economic issues through theoretical information and the discussions.
5 Establish the relationship of public financial management and budget theory with public policies, he/she makes strong budget analysis, develop analysis on public finance and makes a link with the policy implementation X
6 Understand the tax theory, learning the legal structure, following the legal and financial developments and gaining a professional competence in tax matters effectively develop it. X
7 Have knowledge of accounting systems in private and public institutions and businesses, analyze and interpret the financial and financial structure of institutions with the knowledge and competence gained. X
8 Gain knowledge of macroeconomic framework and growth theory, including theoretical and country examples, evaluates economic developments from a theoretical perspective. X
9 Use foreign language in financial and economic fields, follow international literature, communicate on professional issues. X
10 Benefit from technological developments in studies specific to its field by using information technologies, digital developments and common software. X
11 Use qualitative and quantitative methods for the analysis of economic, financial, social and institutional events. X
12 While fulfilling its academic and professional responsibilities, develop an approach that respects s United Nations sustainable development goals, freedoms, rights of the disadvantaged groups, environment, cultural and moral values. X

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours) 16 3 48
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class 16 5 80
Presentation/Seminar Prepration
Project
Report
Homework Assignments 3 5 15
Quizzes/Studio Critics 1 1 1
Prepration of Midterm Exams/Midterm Jury 1 15 15
Prepration of Final Exams/Final Jury 1 15 15
Total Workload 174