COURSE UNIT TITLE

: EVOLUTIONARY ECONOMICS

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
ECN 6046 EVOLUTIONARY ECONOMICS ELECTIVE 3 0 0 9

Offered By

Economics (English)

Level of Course Unit

Third Cycle Programmes (Doctorate Degree)

Course Coordinator

PROFESSOR DOCTOR MUSTAFA ERDEM ÖZGÜR

Offered to

Economics (English)

Course Objective

The aim of this course is to give students valuable insight into evolutionary economics which deals with the study of processes that transform the economic system and the structure of firms, industries, institutions, production and trade patterns. For this purpose major approaches to evolutionary economics will be presented.

Learning Outcomes of the Course Unit

1   Students will recognize the concepts of evolutionary economics in order to examine industrial and organizational evolution processes.
2   Students wil gain insight into evolutionary approaches regarding explanation of historical processes in the economy.
3   Students will understand the links between mainstream economics and evolutionary economics.
4   Students will be able to conduct a thorough research and write an original paper.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Evolutionary Economics: a Theoretical Framework Evolutionary Theory of Production
2 Darwinism and Evolutionary Economics Student Presentations
3 Social and Economic Systems as Evolutionary Complex Systems Student Presentations
4 Perspectives on Technological Evolution General Review
5 The Human Agent in Evolutionary Economics
6 The Evolutionary Economics of Alfred Marshall
7 The Evolutionary Economics of Joseph Schumpeter
8 The Evolutionary Economics of Joseph Schumpeter
9 Evolutionary Economics and Institutional Economics
10 Learning in Evolutionary Economics

Recomended or Required Reading

Hodgson, Geoffrey M. (2002) A Modern Reader in Institutional and Evolutionary Economics. Cheltenham: Edward Elgar.

Dopfer, Kurt (eds.) (2005) The Evolutionary Foundations of Economics. Cambridge: Cambridge University Press.

Articles from different authors will be assigned during the semester.

Planned Learning Activities and Teaching Methods

Lectures, readings and paper presentation

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 ASG ASSIGNMENT
3 PRS PRESENTATION
4 FIN FINAL EXAM
5 FCGR FINAL COURSE GRADE MTE * 0.20 + ASG * 0.25 + PRS * 0.15 + FIN * 0.40
6 RST RESIT
7 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.20 + ASG * 0.25 + PRS * 0.15 + RST* 0.40


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

Further Notes About Assessment Methods

None

Assessment Criteria

Students will demonstrate recognition of the concepts of evolutionary economics
Students will demonstrate insight into evolutionary approaches regarding explanation of historical processes in the economy.
Students will demonstrate understanding of the links between mainstream economics and evolutionary economics.
Students will be able to create an original idea and write a paper based on it.

1. Presentations will be related to historical/ current economic events.
a) The student will choose a topic, or the instructor will assign the presentation topic to the student. Presentations will be assessed on 1) organization, 2) content, and 3) presentation. Criteria 1 and 2 are 50 percent of the total presentation grade, and criteria 3 is 50 percent of the total presentation grade.
(1) The students who present the topic in a logical sequence with all the required information and cite the references will get 100% (excellent). The students who present the topic in a logical sequence with all the required information but do not cite the references will get 80% (very good). The students who present the topic in a logical sequence with missing required information and do not cite the references will get 60% (good). The students who present the topic but do not have a logical sequence and do not cite the references will get 40% (fair). The students who present an irrelevant topic with no references will get 0% (poor).

(2) The students who lay out the topic well, establish a framework for the rest of the presentation, and include accurate information with a conclusion summarizing the presentation will get 100% (excellent). The students who lay out the topic well, establish a framework for the rest of the presentation, and include accurate information but do not summarize the presentation will get 80% (very good). The students who lay out the topic well and include accurate information but do not summarize the presentation will get 60% (good). The students who lay out the topic well but fail to provide accurate information and do not summarize the presentation will get 40% (fair). The students who fail to lay out the topic well, lack accurate information, and do not summarize the presentation will get 0% (poor).

(3) The students who manage their time well, have good language skills, can explain the subject clearly, and manage to respond to the questions will get 100% (excellent). The students who manage their time well, have enough language skills, explain the subject quite clearly, and manage to respond to the questions will get 80% (very good). The students who manage their time well, have enough language skills, and can explain the subject quite clearly but cannot respond to the questions will get 60% (good). The students who cannot manage their time well, have poor language skills, and can partially explain the subject but cannot respond to the questions will get 40% (fair). The students who cannot manage their time well, have poor language skills, cannot explain the subject, and cannot respond to the questions will get 0% (poor).


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)

Prof. Dr. M. Erdem ÖZGÜR
Işletme Fakültesi
Iktisat Bölümü
erdem.ozgur@deu.edu.tr

Office Hours

Tuesday 12:00-13:00

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 14 3 42
Literature review and presentation 12 2 24
Communication skills practice 2 1 2
Preparations before/after weekly lectures 14 4 56
Preparation for midterm exam 1 15 15
Preparation for final exam 1 20 20
Preparing presentations 1 15 15
Preparing assignments 1 35 35
Midterm 1 2 2
Final 1 2 2
TOTAL WORKLOAD (hours) 213

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10
LO.143
LO.25
LO.35
LO.45