COURSE UNIT TITLE

: ECONOMIC GROWTH

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
IKT 5043 ECONOMIC GROWTH ELECTIVE 3 0 0 6

Offered By

Economics

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

ASSISTANT PROFESSOR BAŞAK KARŞIYAKALI

Offered to

Economics

Course Objective

The aim of course; provide students with the concepts of economic growth, required to answer fundamental questions about the growth of the past to the present day theories of growth within the framework and demonstrate the importance of economic growth

Learning Outcomes of the Course Unit

1   To be able to learn Growth measurement techniques used in the analysis and interpret the results obtained.
2   To be able to analyze the growth process in developed and developing countries in the scope of Traditional and new growth theories.
3   To be able to learn relationship with the determinants of growth and establish macroeconomic policies.
4   To be able to evaluate the effects of Education, information technology, innovation, R & D activities and technological progress on growth.
5   To be able to learn the growth dynamics within the importance of competition in the provision of development and of institutions.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 To reminder the basic concepts of Growth Analysis and measurement techniques used. Analysis of the different types of growth in the literature and the results of the growth. Methods of analysis sources of growth valuation of growth performance in recent years Türkiye Economy
2 Classical Growth / Distribution Model and Neo-Keynesian Models of Growth reminder basic tools and mechanisms.
3 Under the assumption of fixed technology Solow Model: Basic Tools, Long-Term Stable situation Balance, Capital Accumulation Golden Rule, Convergence Hypothesis
4 Under the assumption of Technological Development the Solow model: Explanation of basic concepts related to technological development. Hicks, Harrod and Solow-type species analysis of technological development. Under the steady state, the balance of long-term technological development
5 Growth on the Alternative Thesis: Neo-Marxist Growth and Neo- Ricardian Growth
6 Extended Solow Model with Human Capital: Mankiw-Romer-Weil Growth Model, Endogenous Growth Models: The internalization of growth, basic concepts and assumptions of endogenous growth models
7 AK Model: Assumptions of the model, the model Growth Process Analysis, Convergence and policy proposals by the AK model. Lucas-Uzawa Human Capital Model: Explanation of the model structure and the process of learning by doing.
8 Romer Model of R&D: R&D, disclosure of intermediate goods and final goods sectors and intersectoral relations.
9 Aghion-Howitt model: Schumpeter's views on growth and Aghion-Howitt model examine a simple version.
10 Barro model: relationship between public spending and economic growth.
11 Endogenous Growth and International Trade Relations: Summarize the views of Grossman and Helpman
12 New Institutional Economics and Growth
13 Process of Economic Growth and Structural Change in Türkiye. Sources of Growth in Türkiye: Capital accumulation, employment and productivity
14 Investment Strategies and Growth: Investment policies in emerging economies and the growth processes. Effects of Global Crises and Growth: Country

Recomended or Required Reading

Main References: Mükerrem HIÇ, Büyüme Teorileri ve Gelişen Ekonomiler
Other References:
1. Charles JONES, Iktisadi Büyümeye Giriş
2. Erdal ÜNSAL, Iktisadi Büyüme
3. Erdoğan ALKIN, Gelir ve Büyüme Teorisi
4. Ilker PARASIZ, Modern Büyüme Teorileri Dinamik Makro Ekonomiye Giriş
5. J.A.KREGEL, Iktisadi Büyüme Teorisi ( Çev: Ö. GÖKAY )
6. Metin BERBER, Iktisadi Büyüme ve Kalkınma
7. Nuri YILDIRIM, Neo-Klasik Iktisadın Teknolojik Gelişme Yaklaşımı (Teori ve Türk Imalat Sanayii Üzerine Uygulamalı Bir Çalışma)
8. Sabri ÜLGENER, Milli Gelir, Istihdam ve Iktisadi Büyüme
9. Tuncer BULUTAY, Başlıca Iktisadi Büyüme Nazariyeleri
10. Tuncer BULUTAY, Iktisadi Büyüme Modelleri Üzerine Açıklamalar ve Eleştirmeler
11. Vural SAVAŞ, Iktisadi Analiz
12. Vural SAVAŞ, Kalkınma Ekonomisi
13. W.C. PETERSON, Gelir, Istihdam ve Ekonomik Büyüme
14. Yahya Sezai TEZEL, Iktisadi Büyüme
15. Yalçın ACAR, Büyüme Teorileri
16. Yılmaz AKYÜZ, Sermaye, Bölüşüm, Büyüme

Planned Learning Activities and Teaching Methods

The course is based on the study of verbal and numerical datas.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 STT TERM WORK (SEMESTER)
3 FIN FINAL EXAM
4 FCG FINAL COURSE GRADE MTE * 0.30 + STT * 0.10 + FIN* 0.60
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.30 + STT * 0.10 + RST* 0.60


Further Notes About Assessment Methods

None

Assessment Criteria

Situated in the background of theoretical knowledge and their mathematical relationships in growth literature measured by the midterm and final exams. Growth experiences of countries to analyze their method of providing information on the sources of growth will be assessed by homework.

Language of Instruction

Turkish

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

basak.kacmaz@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
Weekly teaching pre / post-preparation (course materials, articles read, etc.) 14 2 28
Midterm exam preparation 1 15 15
Final exam preparation 1 20 20
Homework 1 25 25
Other (reading) 1 15 15
Midterm Exam 1 3 3
Final Exam 1 3 3
TOTAL WORKLOAD (hours) 151

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9
LO.15555
LO.255
LO.355555
LO.4555
LO.5555