Economic Growth (IKT409) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Economic Growth IKT409 3 0 0 3 6
Pre-requisite Course(s)
N/A
Course Language Turkish
Course Type N/A
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)
  • Dr. Dr. Öğr. Üyesi
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 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. X
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 1 16
Presentation/Seminar Prepration
Project 1 20 20
Report
Homework Assignments
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury 1 2 2
Prepration of Final Exams/Final Jury
Total Workload 86