ECTS - History of Economic Thought
History of Economic Thought (ECON316) Course Detail
| Course Name | Course Code | Season | Lecture Hours | Application Hours | Lab Hours | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| History of Economic Thought | ECON316 | 4. Semester | 3 | 0 | 0 | 3 | 4 |
| Pre-requisite Course(s) |
|---|
| N/A |
| Course Language | English |
|---|---|
| Course Type | Compulsory Departmental Courses |
| Course Level | Bachelor’s Degree (First Cycle) |
| Mode of Delivery | Face To Face |
| Learning and Teaching Strategies | Lecture, Discussion, Question and Answer. |
| Course Lecturer(s) |
|
| Course Objectives | The course is directed mainly to understand the nature of the capitalist economic system. The ideas and approaches of selected scolars on the functioning of the capitalist mode of production shall be focused comparatively. |
| Course Learning Outcomes |
The students who succeeded in this course;
|
| Course Content | Mercantalism, capitalist development, the development of the classical and the neoclassical theories, the analysis of socialism and the modern economic theories ; Malthusian theories; Ricardian economics; utilitarianism; Karl Marx and the critics of political economics; marginal revolution; Jevons, Menger, Walras, Marshall and Clark and Keynes. |
Weekly Subjects and Releated Preparation Studies
| Week | Subjects | Preparation |
|---|---|---|
| 1 | Rationalistic Subjectivism: The economics of Bentham, Say, and Senior | Hunt, pp , 110-134 |
| 2 | The Ideas of William Thompson and Thomas Hodgskin | Hunt, pp, 134-153 |
| 3 | Utilitarianism : Bastiat and Mill | Hunt, 154-179 |
| 4 | Karl Marx : Critique of Classical Economics | Hunt, 180-189 |
| 5 | Karl Marx: Critique of Classical Economics | Hunt, 189-198 |
| 6 | Karl Marx: Critique of Classical Economics | Hunt, 198-211 |
| 7 | Midterm | |
| 8 | Triumpth of Utilitarianism: Economics of Jevons, Walras and Menger | Hunt, 247-50 |
| 9 | Jevons | Hunt, 250-6 |
| 10 | Menger | Hunt, 256-64 |
| 11 | Walras | Hunt, 265-75 |
| 12 | Neoclassical Theories of the Firm and Income Distribution: Marshall, Clarke and Böhm-Bawerk | Hunt, 286-315 |
| 13 | Thorstein Veblen | Hunt, 316-46 |
| 14 | Theories of Imperialism: Hobson, Luxemburg and Lenin | Hunt, 347-70 |
| 15 | General Review | |
| 16 | Final Exam |
Sources
| Course Book | 1. Hunt, E.K. (1979), İktisadi Düşünceler Tarihi, Ankara: Dost Kitabevi, 2005. |
|---|---|
| Other Sources | 2. Adam Smith. Ulusların Zenginliği, çev. H. Derin, Türkiye İş Bankası Kültür Yayınları, 2006 |
| 3. Eric Hobsbawm. Sanayi ve İmparatorluk, Dost: Ankara, 2005 |
Evaluation System
| Requirements | Number | Percentage of Grade |
|---|---|---|
| Attendance/Participation | - | - |
| Laboratory | - | - |
| Application | - | - |
| Field Work | - | - |
| Special Course Internship | - | - |
| Quizzes/Studio Critics | - | - |
| Homework Assignments | - | - |
| Presentation | 1 | 15 |
| Project | 1 | 15 |
| Report | - | - |
| Seminar | - | - |
| Midterms Exams/Midterms Jury | 2 | 20 |
| Final Exam/Final Jury | 1 | 50 |
| Toplam | 5 | 100 |
| Percentage of Semester Work | 50 |
|---|---|
| Percentage of Final Work | 50 |
| Total | 100 |
Course Category
| Core Courses | |
|---|---|
| Major Area Courses | X |
| 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 | X | ||||
| 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 | X | ||||
| 10 | Adopting work ethic and social responsibility | X | ||||
| 11 | Developing the skills of communication. | X | ||||
| 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. | 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 | 14 | 2 | 28 |
| Presentation/Seminar Prepration | |||
| Project | |||
| Report | |||
| Homework Assignments | |||
| Quizzes/Studio Critics | |||
| Prepration of Midterm Exams/Midterm Jury | 2 | 15 | 30 |
| Prepration of Final Exams/Final Jury | |||
| Total Workload | 106 | ||