COURSE UNIT TITLE

: COMPARATIVE WORLD ECONOMY

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
UEC 2007 COMPARATIVE WORLD ECONOMY COMPULSORY 3 0 0 5

Offered By

ECONOMICS (UOLP-SUNY ALBANY)

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR DOCTOR YEŞIM ÜÇDOĞRUK GÜREL

Offered to

ECONOMICS (UOLP-SUNY ALBANY)

Course Objective

This course aims at analyzing different economic systems that reflect both recent transformations in the world economy and recent changes in the field of comparative economic systems. In this context, economic history of countries pursuing the advanced market capitalism such as the United States and Japan, countries of former socialist economies such as Soviet Union and China, and the alternative economic systems followed by some of the developing countries such as India, Mexico and South and North Korea will be examined in this course.

Learning Outcomes of the Course Unit

1   Demonstrate understanding of the histories of capitalism and soviet socialism, and of recent developments in the economies of Russia, Eastern Europe and the rest of the world so that s/he can recognize factors affecting the continuing evolution and transition of world economy.
2   Interpret the importance of historical and institutional contexts for understanding contemporary problems of transition.
3   Recognize the main theoretical explanations of long term economic transformation in order to evaluate policy debates on transition and globalization.
4   Be able to critically read and analyze reports on economic systems for understanding continuing developments in world economy.
5   Make presentations on a given subject with the purpose of doing descriptive analysis of different country experiences.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction: How Do We Compare Economies
2 The Theory and Practice of Market Capitalism
3 The Theory and History of Marxism and Socialism
4 The United States of America: The Market Capitalist Leader
5 Japan: A Planned Market Economy with Traditional Elements
6 European Integration: The EU in the World Economy
7 The Former Soviet Union: Alternative Paths of Transition
8 China's Socialist Market Economy
9 India: The Elephant Walks
10 Revolution and Reform in the Mexican Economy
11 North and South Korea: The Lingering Shadow of the Cold War
12 Emerging Markets
13 Assessing the World Economies in New Era
14 Class discussion

Recomended or Required Reading

J. Barkley Rosser and Marina V. Rosser, Comparative Economics in a Transforming World Economy, Second Edition, (Cambridge, Mass.: MIT Press, 2004)

Planned Learning Activities and Teaching Methods

1. Lecture
2. Reading
3. In-class discussion
4. Group project

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MT Midterm
2 TP TermProject
3 FN Final
4 FCG FINAL COURSE GRADE MT * 0.30 +TP * 0.30 + FN * 0.40
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MT * 0.30 +TP * 0.30 + RST * 0.40


Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will clearly define basic concepts used in market capitalist and command socialist economic systems.
2. The learner will use necessary micro and macroeconomic theory concepts to evaluate differences in economic transformation of market capitalist and command socialist economies.
3. The learner will evaluate different policy practices applied in transformation of different economic systems.
4. The learner will use necessary numerical methods to analyze descriptive statistics of different country profiles.
5. The learner will make research about a specific topic and present it in line with economics of world system terminology.

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)

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 1 14
Preparation for midterm exam 1 15 15
Preparation for final exam 1 20 20
Preparing assignments 1 20 20
Final 1 2 2
Midterm 1 2 2
Quiz etc. 1 1 1
TOTAL WORKLOAD (hours) 116

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14
LO.135545
LO.2545
LO.355
LO.435555
LO.535455

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

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