COURSE UNIT TITLE

: ECONOMICS OF CULTURE

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
ECO 4418 ECONOMICS OF CULTURE ELECTIVE 3 0 0 6

Offered By

Economics (English)

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR DOCTOR MUSTAFA ERDEM ÖZGÜR

Offered to

Economics (English)

Course Objective

The aim if the course is to help the learner to become familiar with role of culture in economics. The course aims to introduce the learner the cultural context of economics. The course also aims to interpret economic discipline within a world that is conditioned by cultural phenomena.

Learning Outcomes of the Course Unit

1   Critically review the basic assumplions of the neoclassical paradigm of economic discipline by specifically focusing on the role of culture in economic system
2   Define cultural context of the economic system
3   Understand the economic aspects of cultural heritage
4   Recognize the role of creativity in economic system
5   Understand the role of cultural goods, institıtions, industries and sectors in economy
6   Demonstrate familiarity with the idea that economics operates within an environment that is conditioned with cultural phenomena

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction and Overview
2 The Cultural Context of Economics
3 Critical assessment of necoclassical economics and role of culture in economic system
4 Cultural Capital
5 The relationship between culture and economic development
6 Cultural heritage and economics
7 Creativity and economics Presentations
8 The Economics of Cultural Policy
9 Cultural Industries
10 Presentations
11 Presentations
12 Presentations
13 Class discussion
14 Class discussion

Recomended or Required Reading

To be announced.

Planned Learning Activities and Teaching Methods

1. Lectures
2. Readings
3. Class discussions

Assessment Methods

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


Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will demostrate understanding of the role of culture in economic system
2. The learner will be able to demonstrate knowledge about the economic aspects of cultural heritage
3. The learner will demonstrate an acknowledgement on the significance of cultural goods, cultural institutions, cultural industries, cultural sectors on economic life.
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)

erdem.ozgur@deu.edu.tr

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 12 2 24
Preparation for midterm exam 1 15 15
Preparation for final exam 1 15 15
Preparing assignments 1 30 30
Preparing presentations 1 10 10
Midterm 1 2 2
Final 1 2 2
TOTAL WORKLOAD (hours) 140

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14
LO.13545
LO.25545
LO.35
LO.455
LO.5544
LO.655345