Economic Growth (ECON409) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Economic Growth ECON409 Elective Courses 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 Coordinator
Course Lecturer(s)
  • Assoc. Prof. Dr. Özgür Bor
Course Assistants
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;
  • To be able to explain what growth is
  • To explain the different growth theories
  • To be able to explain the different methodologies used in measuring growth
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
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
2 Acquiring the skills of macro level economic analysis
3 Acquiring the skills of micro level economic analysis
4 Understanding the formulation and implementation of economic policies at the local, national, regional, and/or global level
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
8 Developing intra-disciplinary and inter-disciplinary team work skills
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