COURSE UNIT TITLE

: ECONOMIC GROWTH: THEORY AND STRATEGY

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
ERA 3922 ECONOMIC GROWTH: THEORY AND STRATEGY ELECTIVE 3 0 0 5

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASSOCIATE PROFESSOR FIRAT GÜNDEM

Offered to

Economics (Evening)
Economics

Course Objective

To be able to explain the concepts related to economic growth, growth in the past to present theories of growth within the framework of the basic questions to answer, demonstrate the importance of economic growth and conditions.

Learning Outcomes of the Course Unit

1   To be able to explain the concepts used in growth analysis and developed theories in this area.
2   To be able to analyze the processes of growth in developed and developing countries in the light of traditional and new growth theories
3   To be able to evaluate determinants of growth and establish their relation with macroeconomic policies.
4   To be able to explain education, information technology, innovation, R & D activities and technological developments and its effects on growth.
5   To be able to evaluate the importance of development of institutions, regulatory and entrepreneurial activities and competitive environment in the development in terms of growth dynamics.
6   To be able to explain firm-level productivity dynamics of the sector and the economy and its effects
7   To be able to discuss the changing concept of growth.
8   To be able to analyze the growth data makes the economy of a country, to develop policy recommendations.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

HAZIRLIK - FOREIGN LANGUAGE PREPARATION CLASS

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 The main variables that explain the basic concepts related to growth and growth analysis, Methods of measurement of growth, growth and growth in the types of results, Contribution to growth analysis and assessment of growth performance in recent years Türkiye's Economy.
2 Crises and economic growth
3 Classical Theory of Growth and Distribution
4 Presentation of the basic tools of Neo-Keynesian Models of Growth and Domar Growth Model
5 Harrod Growth Model and the Importance of Fiscal Policy Growth
6 Overall Balance of the Economy
7 Source - Expenditure Balance Growth Through Process Analysis
8 Fundamental Analysis Tools Neo-Classical Growth Model
9 Growth Accounting Method
10 Contributions to the Neo-Classical Growth Model and Solow
11 The Golden Age Growth and Convergence Hypothesis
12 Technological Development Definition, Types and Distribution Effects
13 The emergence of Endogenous Growth Models, presentation, determinants, the basic assumptions and the classification of these models
14 Human Capital (Lucas), Knowledge Production and Overflows (Romer), Public Policy (Barro) and the basic functioning mechanisms of the R & D Models.

Recomended or Required Reading

1. Beningo VALDES, Economic Growth: Theory, Empirics and Policy
2. Hendrik VAN DEN BERG, Economic Growth and Development
3. OECD, Understanding Economic Growth
4. Robert J.BARRO and Xavier Sala-i MARTIN, Economic Growth, The MIT Press, 2003.
5. N. Gregory, MANKIW, David ROMER and David N. WEIL, A Contribution to the Empirics of Economic Growth , The Quarterly Journal of Economics, Vol. 107, No.2, 1992, 407-437.

Planned Learning Activities and Teaching Methods

The course consists of lecturing, role plays, class discussions, and weekly homeworks.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 STT TERM WORK (SEMESTER)
2 MTE MIDTERM EXAM
3 MTEG MIDTERM AVERAGE GRADE STT * 0.25 + MTE * 0.75
4 FIN FINAL EXAM
5 FCG FINAL COURSE GRADE MTEG * 0.40 + FIN * 0.60
6 RST RESIT
7 FCGR FINAL COURSE GRADE(RESIT) MTEG * 0.40 + RST * 0.60


*** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

To be announced.

Language of Instruction

English

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 14 3 42
Preparations before/after weekly lectures 14 3 42
Preparation for midterm exam 1 8 8
Preparation for final exam 1 14 14
Preparation for quiz etc. 1 5 5
Reading 10 2 20
Midterm 1 1 1
Final 1 1 1
TOTAL WORKLOAD (hours) 133

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9
LO.11111111
LO.21111
LO.311111
LO.411
LO.51
LO.6111
LO.7111
LO.81

CONTACT INFORMATION
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Phone: +90(232) 412 12 12 - Fax: +90 (232) 464 81 35

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