COURSE UNIT TITLE

Offered By

Economics (English)

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR DOCTOR MUSTAFA ERDEM ÖZGÜR

Offered to

Economics (English)

Course Objective

This course reviews the main schools and thinkers in the history of economic thought beginning with Mercantilism. The Mercantilist system, Classical political economy, challenges to the Classical school in the 19th century, more specifically Marxist economics and German Historical School, Neoclassical economics, challenges to Neoclassical economics, namely, Institutional and Keynesian economics, and finally contemporary developments in economic theory are the subjects that will be covered throughout this course. Although this is not an economic history course, the social and economic environment in which the contemporary economic thought flourished will also be presented.

Learning Outcomes of the Course Unit

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Recomended or Required Reading

Required Text: Screpanti, Ernesto and Stefano Zamagni (2005). An Outline of the History of Economic Thought. New York: Oxford University Press.
Supplementary Text: Ekelund Jr., Robert B. and Robert F. Hebert (1997). A History of Economic Theory and Method. Singapore: McGraw-Hill.
In addition to these textbooks weekly required reading list will be provided during the semester.

Planned Learning Activities and Teaching Methods

1. Lectures
2. Readings
3. Paper presentation

Assessment Methods

Further Notes About Assessment Methods

There will be two in-class examinations and students are expected to write a term paper. Students are expected to come up with a topic by the end of the third week of the semester.

Assessment Criteria

1. Students will demonstrate understanding of basic schools of thought in economic history.
2. Students will be able to demonstrate the relationships between different schools of thought.
3. Students will demonstrate understanding of historical and contemporary approaches of economic thought.
4. Students will be able to demonstrate the origins of their ideas by referencing sources used in their work.

Language of Instruction

English

Course Policies and Rules

1. Attending at least 70 percent of lectures is mandatory.
2. Plagiarism of any type will result in disciplinary action.

Contact Details for the Lecturer(s)

Dr. M. Erdem ÖZGÜR
Faculty of Business
Department of Economics
Office 233
Tel: 232 453 5042 / 18215

Office Hours

Monday 15:30-16:30
Wednesday 11:00-13:00

Work Placement(s)

None

Workload Calculation

Contribution of Learning Outcomes to Programme Outcomes