COURSE UNIT TITLE

: CLASSICAL POLITICAL ECONOMICS

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
IKT 5081 CLASSICAL POLITICAL ECONOMICS 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 this course is
- To give the theoretical basis for use in the work to be carried out in the field of political economy.
- To ensure understanding of the historical and theoretical development of the tradition of classical political economy thinkers (Say, Smith, Ricardo, Mill, Malthus, Bentham, Steuart) ideas.
- To provide and to evaluate understanding of the basic arguments of classical political economy.
- To analyze critically and to provide to use basic concepts of economics.

Learning Outcomes of the Course Unit

1   To be able to learn and evaluate the main arguments and theories in the classical tradition of political economy.
2   To be able to explain the differences between this theory and arguments.
3   To be able toanalyze the basic concepts of classical political economy.
4   To be able to analyze arguments in basic texts.
5   To be able to evaluate the tradition of classical political economy.
6   To be able to make a seminar presentation in a matter of course within the scope of the academic writing and citation rules.
7   To be able to communicate ethically and cognitively by participating in classroom discussions, to make argumentation evidence-based and to defend their ideas effectively.
8   To be able to create and solve problems based on the theoretical foundations in the face of factual events.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Why is 'political' economy Or why 'economics' is not Basic historical-conceptual framework (14), (36), (29), (31), (21), (17), (13), (37)
2 Introduction to classical political economics: the Scottish enlightenment, British empiricism, German philosophy, French utopians. (33), (5), (6), (7), (8), (9), (10), (11), (12)
3 Smith's invisible hand, market and the primitive accumulation. (1), (7), (8), (9), (10), (11), (12),
4 Smith s division of labor, work and wealth of nations (1), (20), (7), (8), (9), (10), (11), (12)
5 Ricardo problematic: value, market price, the natural price, wages, and rent (2), (7), (8), (9), (10), (11), (12)
6 Ricardo's contribution: Growth, distribution, trade and technology (2), (7), (8), (9), (10), (11), (12), (39)
7 Malthus's objection: Population problem and agricultural (4), (28), (30), (35)
8 Mill's revision (3), (24), (7), (8), (9), (10), (11), (12)
9 MIDTERM EXAM
10 Labor, the required product, waste product, wage (19), (18), (38)
11 Profit, rent, exploitation, surplus value (32), (15)
12 Value, value in use, exchange value, and prices (27), (25)
13 The labor process and technical change, replacement labor army and general evaluation of the labor theory of value Seminar and (26), (34), (22), (23), (16), (39)
14 Commodity, money, capital, credit Seminar

Recomended or Required Reading

Main Reference:
(1) Smith, Adam (1776), Milletlerin Zenginliğinin Doğası ve Sebepleri Üzerine Bir Araştırma, Çev. Ayşe Yunus ve Mehmet Bakırcı, 4. Baskı, Yeni Alan Yay., Istanbul, 2004.
(2) Ricardo, David (1817), Ekonomi Politiğin ve Vergilendirmenin Ilkeleri, Çev. Tayfun Ertan, Belge Yay., Istanbul, 1997.

Other References:
(3) Mill, John Stuart (1848), Principles of Political Economy.
(4) Malthus, Thomas Robert (1798), An Essay on the Principle of Population.
(5) Say, Jean-Baptiste (1803), Traité d'économie politique ou simple exposition de la manière dont se forment, se distribuent et se composent les richesses (A Treatise on Political Economy).

Planned Learning Activities and Teaching Methods

The first half of the course will be devote to lectures, the second half of the course will be continue discussion of the texts relevant to the subject. Reading assignments will be open to discussion every week after a student s short presentation. Each student will be prepare a paper which is admissible criteria of an academic paper at the end of the term.

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 * 0.20 + STT * 0.30 + FIN* 0.50
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.20 + STT * 0.30 + RST* 0.50


Further Notes About Assessment Methods

None

Assessment Criteria

To be announced.

Language of Instruction

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

hakan.kahyaoglu@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 13 3 39
Preparations before/after weekly lectures 13 3 39
Preparation for midterm exam 1 10 10
Preparation for final exam 1 20 20
Preparing homework 1 30 30
Final 1 3 3
Midterm 1 3 3
TOTAL WORKLOAD (hours) 144

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9
LO.155
LO.2555
LO.355
LO.4555
LO.555555
LO.6555
LO.755555
LO.855555

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

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