ECTS - Economic Growth
Economic Growth (ECON409) Course Detail
| Course Name | Course Code | Season | Lecture Hours | Application Hours | Lab Hours | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| Economic Growth | ECON409 | Area Elective | 3 | 0 | 0 | 3 | 6 |
| Pre-requisite Course(s) |
|---|
| N/A |
| Course Language | English |
|---|---|
| Course Type | Elective Courses |
| Course Level | Bachelor’s Degree (First Cycle) |
| Mode of Delivery | Face To Face |
| Learning and Teaching Strategies | Lecture, Question and Answer. |
| Course Lecturer(s) |
|
| Course Objectives | The principal aim of this course is to introduce students to the vast field of economic growth. More specifically, it firstly aims to explain the concept of economic growth and its measurement. The second aim is to equip students with the theories of economic growth. The final aim is to understand the nature of key problems and policy issues in a number of countries. |
| Course Learning Outcomes |
The students who succeeded in this course;
|
| Course Content | The sources of economic growth, its limits and obstacles to growth; modern and traditional theories of growth: Harrod Domar, neoclassical and endogeneous growth theories. |
Weekly Subjects and Releated Preparation Studies
| Week | Subjects | Preparation |
|---|---|---|
| 1 | Economic growth and its measurement | Jones chapter 1 |
| 2 | • Sources of economic growth | Jones chapter 2 |
| 3 | • Productivity, instability and growth (Turkish experience) | Jones chapter 3 |
| 4 | • Preliminary topics on growth dynamics | Jones chapter 4 |
| 5 | • Harrod-Domar Model | Jones chapter 5 |
| 6 | • Solow (Neoclassical) Model and Convergence | Jones chapter 5 |
| 7 | • A Simple Endogenous Growth Model: AK Model | Jones chapter 6 |
| 8 | Midterm | |
| 9 | • Endogenous Growth Model-I (Knowledge) | Jones chapter 7 |
| 10 | • Endogenous Growth Model-II (R&D) | Jones chapter 8 |
| 11 | • Endogenous Growth Model-II (Human capital) | Jones chapter 9 |
| 12 | • Endogenous Growth Model-IV (Infrastructure) | Jones chapter 10 |
| 13 | • Institutions and Growth | Jones chapter 11 |
| 14 | • Trade and Growth | Jones chapter 12 |
| 15 | General Review | |
| 16 | Final Exam |
Sources
| Course Book | 1. Jones, C. I. 1998. Introduction to Economic Growth. W. W. Norton. |
|---|---|
| Other Sources | 2. Todaro, M. P. and Smith, S. P. 2012. Economic Development, 11th Edition, Addison-Wesley |
| 3. İsmihan, M. and Metin-Özcan, K. 2009. “Productivity and Growth in an Unstable Emerging Market Economy: The Case of Turkey, 1960-2004”, Emerging Markets Finance and Trade, Vol. 45, No. 5, pp. 5-19. |
Evaluation System
| Requirements | Number | Percentage of Grade |
|---|---|---|
| Attendance/Participation | 14 | 5 |
| Laboratory | - | - |
| Application | - | - |
| Field Work | - | - |
| Special Course Internship | - | - |
| Quizzes/Studio Critics | - | - |
| Homework Assignments | 5 | 15 |
| Presentation | 5 | 20 |
| Project | 1 | 30 |
| Report | - | - |
| Seminar | - | - |
| Midterms Exams/Midterms Jury | 1 | 30 |
| Final Exam/Final Jury | - | - |
| Toplam | 26 | 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 | Acquiring the skills of understanding, explaining, and using the fundamental concepts and methods of economics | X | ||||
| 2 | Acquiring the skills of macro level economic analysis | X | ||||
| 3 | Acquiring the skills of micro level economic analysis | X | ||||
| 4 | Understanding the formulation and implementation of economic policies at the local, national, regional, and/or global level | X | ||||
| 5 | Learning different approaches on economic and related issues | |||||
| 6 | Acquiring the quantitative and/or qualitative techniques in economic analysis | |||||
| 7 | Improving the ability to use the modern software, hardware and/or technological devices | X | ||||
| 8 | Developing intra-disciplinary and inter-disciplinary team work skills | X | ||||
| 9 | Acquiring an open-minded behavior through encouraging critical analysis, discussions, and/or life-long learning | |||||
| 10 | Adopting work ethic and social responsibility | |||||
| 11 | Developing the skills of communication. | |||||
| 12 | Improving the ability to effectively implement the knowledge and skills in at least one of the following areas: economic policy, public policy, international economic relations, industrial relations, monetary and financial affairs. | |||||
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 | 4 | 64 |
| Presentation/Seminar Prepration | |||
| Project | 1 | 20 | 20 |
| Report | |||
| Homework Assignments | |||
| Quizzes/Studio Critics | |||
| Prepration of Midterm Exams/Midterm Jury | 1 | 20 | 20 |
| Prepration of Final Exams/Final Jury | |||
| Total Workload | 152 | ||