ECTS - History of Economic Thought
History of Economic Thought (IKT316) Course Detail
| Course Name | Course Code | Season | Lecture Hours | Application Hours | Lab Hours | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| History of Economic Thought | IKT316 | 4. Semester | 3 | 0 | 0 | 3 | 4 |
| Pre-requisite Course(s) |
|---|
| N/A |
| Course Language | Turkish |
|---|---|
| Course Type | Compulsory Departmental Courses |
| Course Level | Bachelor’s Degree (First Cycle) |
| Mode of Delivery | Face To Face |
| Learning and Teaching Strategies | Lecture, Discussion. |
| 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. Eric Hobsbawm. Sanayi ve İmparatorluk, Dost: Ankara, 2005 |
| 3. Adam Smith. Ulusların Zenginliği, çev. H. Derin, Türkiye İş Bankası Kültür Yayınları, 2006 |
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 | 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 | They acquire the skills to understand, explain, and use the basic concepts and methods of economics. | X | ||||
| 2 | Acquires macro-economic analysis skills. | X | ||||
| 3 | Acquire microeconomic analysis skills. | X | ||||
| 4 | Understands the formulation and implementation of economic policies at local, national, regional and/or global levels. | X | ||||
| 5 | Learn different approaches to the economy and economic issues. | X | ||||
| 6 | Learn qualitative and quantitative research techniques in economic analysis. | X | ||||
| 7 | Improving the ability to use modern software, hardware and/or other technological tools. | X | ||||
| 8 | Develops intra-disciplinary and inter-disciplinary team work skills. | X | ||||
| 9 | Contributes to open-mindedness by encouraging critical analysis, discussion, and/or lifelong learning. | X | ||||
| 10 | Develops a sense of work ethics and social responsibility. | X | ||||
| 11 | Develops communication skills. | X | ||||
| 12 | Improving the ability to effectively apply knowledge and skills in at least one of the following areas: Economic policy, public policy, international economic relations, industrial relations, monetary and financial relations | 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 | 2 | 32 |
| Presentation/Seminar Prepration | |||
| Project | |||
| Report | |||
| Homework Assignments | |||
| Quizzes/Studio Critics | |||
| Prepration of Midterm Exams/Midterm Jury | 1 | 10 | 10 |
| Prepration of Final Exams/Final Jury | 1 | 10 | 10 |
| Total Workload | 100 | ||