COURSE UNIT TITLE

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 the institutional underpinnings of a market economy. The course aims to give the learner an understanding of the institutional preconditions of exchange and contract among economic agents.

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

1. Hodgson, Geoffrey M. (2004). The Evolution of Institutional Economics. New York: Routledge.
2. Rutherford, Malcolm. (1994) Institutions in Economics: The Old and New Institutionalism. Cambridge: Cambridge University Press.
3. Additional course materials will be assigned during the semester.

Planned Learning Activities and Teaching Methods

1. Lectures
2. Readings
3. Essays
4. Class discussions

Assessment Methods

Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will demonstrate understanding of the role of institutions in an economic system.
2. The learner will be able to demonstrate knowledge on the concept of institutions and institutionalism in economic thought and practice.
3. The learner will demonstrate an acknowledgement on how institutional structure of the economy determines the incentives of economic agents.
4. The learner will become familiar with origins of institutional economics.
5. The learner will demonstrate understanding of how institutions explain economic phenomena.

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 The students who present the topic in a logical sequence with all the required information but do not cite the references will get 80% (very good).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
Dokuz Eylül University
Faculty of Business
Department of Economics
Tel: 232 301 8295
erdem.ozgur@deu.edu.tr

Office Hours

Thursday: 13:30-14:30
Friday: 13:30-14:30

Work Placement(s)

None

Workload Calculation

Contribution of Learning Outcomes to Programme Outcomes