COURSE UNIT TITLE

: CIRCULAR ECONOMICS

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
IKT 3034 CIRCULAR ECONOMICS ELECTIVE 3 0 0 5

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR DOCTOR UTKU UTKULU

Offered to

Economics (Evening)
Economics

Course Objective

The course aims to examine the circular economy model at a conceptual level, as well as to investigate the effects of circular economy applications on both macro (the Turkish economy), micro, sectoral/local, financial and global/ the European Union aspects.

Learning Outcomes of the Course Unit

1   To be able to learn the origins, hisorical development and basic principles of the concept of circular economics by revealing its difference with the linear economy approach.
2   To be able to examine the connections between ecological problems, Climate Crisis, Sustainable Energy and Circular Economy.
3   To be able to understand the importance of circular economy in achieving sustainable development goals and to understand the interaction between sustainable development and circular economy.
4   To be able to learn about product life cycle and effective use of scarce resources, waste management and 9R / 11R frameworks, industrial symbiosis, carbon markets and carbon footprint calculation.
5   To be able to recognize environmental legislation regarding circular economy, learning the Green Deal, the European Union Action Plan for Circular Economy and the National Circular Economy Action Plan (draft) and the sub-topics of compliance with the acquis.
6   To be able to learn about circular business models, the opportunities and obstacles that circular business models will provide, to learn the concepts of circular value chain, closed loop supply chains, reverse logistics and circular employment.
7   To be able to evaluate macroeconomic effects (growth, foreign trade, employment, etc.) on the scale of the European Union and Türkiye.
8   To be able to reveal the sectoral dimensions of the circular economy.
9   To be able to highlight the local dimensions of circular economy and examine local government issues for circular cities.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction to Circular Economy: concepts, definitions, and basic principles.
2 Introduction to Circular Economy: concepts, definitions and basic principles (continued).
3 Transcending planetary boundaries and the Circular Economy.
4 Sustainable Development Goals and Circular Economy.
5 Product life cycle and effective use of scarce resources.
6 Waste management and 9R/11R frameworks.
7 Industrial symbiosis, circular value chains, carbon markets, and carbon footprint calculation.
8 Introduction of environmental legislation on the circular economy: Green Deal, European Union Action Plan for the Circular Economy, and National Circular Economy Action Plan (draft) and alignment with the acquis. Türkiye's cyclicality performance.
9 Circular Economy Business Models: opportunities and barriers.
10 Circular economy and macroeconomic effects; circular macroeconomic policies.
11 Circular economy and macroeconomic effects: circular macroeconomic policies (continued).
12 Circular economy and public-private sector cooperation with its sectoral dimensions.
13 Circular economy and financial markets.
14 Circular economy and local governments: local government for circular cities.

Recomended or Required Reading

Recommended Textbook:
Sayın, F. (Eds.) (2020). Döngüsel Ekonomi- Makro ve Mikro Incelemeler, Nobel Yayınevi.
Other Recommended Resources:
Blomsma, F. ve Brennan, G. (2017). The Emergence of Circular Economy: A New Framing Around Prolonging Resource Productivity. Journal of Industrial Ecology, 21(3), 603 614. Doi: 10.1111/jiec.12603.
Ellen MacArthur Foundation (2015). Towards a Circular Economy: Business Rationale for an Accelerated Transition. https://www.ellenmacarthurfoundation.org/assets/downloads/TCE_Ellen-MacArthur-Foundation_9-Dec-2015.pdf.
European Commission (2020). Circular Economy Action Plan, https://ec.europa.eu/environment/circular-economy/pdf/new_circular_economy_action_plan.pdf.
Güreşçi, G. (Eds.) (2019). Ekolojik Iktisat, Ekin Yayınevi.
Önder, H. (2018). Sürdürülebilir Kalkınma Anlayışında Yeni Bir Kavram: Döngüsel Ekonomi. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi, (57), 196-204.
Sayın, F. ve Utkulu, U. (2023). Türkiye nin Döngüsellik Performansı: Avrupa Birliği Ülkeleri ile Karşılaştırmalı bir Araştırma. Verimlilik Dergisi, Döngüsel Ekonomi ve Sürdürülebilirlik Özel Sayısı, 187-204.
The Circle Economy Foundation (2024). The Circularity Gap Reports: 2018-2024, https://circularity-gap.world/global (11.02.2024).
Utkulu, U. ve Türköz, K. (2020). Döngüsel Ekonomiye Geçiş Sürecinin Uluslararası Ticarete Yansımaları: Türkiye Örneği , Döngüsel Ekonomi-Makro ve Mikro Incelemeler, Editör: Sayın, F., Nobel Akademik Yayıncılık, Ankara, 113-142.
Utkulu, U. ve Bilik, M. (2020). Atık Yönetimi ve Ekonomik Büyüme: Avrupa Birliği Için Dinamik Panel Veri Analiz Bulguları , Döngüsel Ekonomi-Makro ve Mikro Incelemeler, Editör: Sayın, F., Nobel Akademik Yayıncılık, Ankara, 181-208.
Veral, E. S. (2021). Döngüsel Ekonomi: Engeller, Stratejiler ve Iş Modelleri. Ankara Üniversitesi Çevrebilimleri Dergisi, 8(1), 7-18.

Planned Learning Activities and Teaching Methods

Presentation / Lecture (theory and practice), Discussion and Collaborative Learning methods will be used together and complementary.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 MTEG MIDTERM GRADE MTEG * 1
3 FIN FINAL EXAM
4 FCGR FINAL COURSE GRADE MTEG * 0.40 + FIN * 0.60
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTEG * 0.40 + RST * 0.60


Further Notes About Assessment Methods

None

Assessment Criteria

To be announced.

Language of Instruction

Turkish

Course Policies and Rules

Within the framework of the course's learning and teaching methods, 'regular attendance to the course', 'active participation in course discussions' and 'research-oriented learning' are expected.

Contact Details for the Lecturer(s)

Utku UTKULU / utku.utkulu@deu.edu.tr

Office Hours

Varies depending on the semestr. To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 14 3 42
Preparation for midterm exam 1 5 5
Preparation for final exam 1 10 10
Preparations before/after weekly lectures 14 4 56
Midterm 1 1 1
Final 1 1 1
TOTAL WORKLOAD (hours) 115

Contribution of Learning Outcomes to Programme Outcomes

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LO.21111
LO.311111
LO.4111111
LO.511111
LO.61111
LO.71111111
LO.8111111
LO.911111