Course unit title Level of course unit Course unit code Type of course unit Semester of course unit Local credit ECTS credit Syllabus
GROWTH ECONOMY First cycle İKT 579 1 7.00 7.00 Print
   
Description of course unit
Prerequisites and course requisities none
Language of instruction Turkish
Coordinator DOÇ. DR. FATMA ÜNLÜ
Lecturer(s) DOÇ. DR. FATMA ÜNLÜ
Teaching assitant(s) none
Mode of delivery face to face
Course objective It is aimed to discuss classical and modern growth theories and empirical studies in the recent literature.
Course description The basic Solow Model and the Ramsey Model will be presented, followed by models with product variety, product quality, technology diffusion, and human capital. Selected topics on income inequality, social mobility, institution, natural resources, unemployment, migration, finance, and others in relation to growth theory will be examined. Recent empirical studies on economic growth will be discussed and assessed.

Course contents
1 Introduction to the Theory of Growth
2 Classical Growth Models
3 Keynesian Growth Models
4 Neo-Classical Economic Growth model
5 Endogenous growth theory
6 Technology and growth
7 Human capital and growth
8 Mid-term exam
9 Government policy and growth
10 Productivity, Efficieny and growth
11 Trade and growth
12 Trade and growth
13 Trade and growth
14 Growth and distribution
15 Growth and distribution
16 Final exam
17 Final exam
18
19
20

Learning outcomes of the course unit
1 To be able to report some stylised facts about long run economic growth
2 To be able to compare growth theories
3 To be able to understand the types and importance of growth theories
4 To be able to explain the importance of technology in terms of growth theories
5 To be able to explain the importance of human capital in terms of growth theories
6 To be able to explain the importance of capital in terms of growth theories
7
8
9
10

*Contribution level of the course unit to the key learning outcomes
1 Gains the ability to think mathematically and uses this ability.
2 Construct a problem related to mathematics, develop a solution method, and apply the results when necessary.
3 Develops the ability to solve physical phenomena by mathematical modelling.
4 Uses current software programs and uses this ability to follow scientific and technological developments.
5 Gives importance to entrepreneurship and innovation.
6 Uses the ability of abstract thinking.
7 Gains the ability to understand and interpret abstract concepts by reducing them to concrete using mathematical methods.
8 Realises that mathematical thinking has an artistic characteristic.
9 Have a certain level of knowledge about the history of mathematics and understand the place of mathematics in the history of science.
10 Gains the ability of analytical thinking.
11 Gains the ability to questioning and critical thinking.
12 Gains the ability to form a team with his/her colleagues and to reflect his/her individual knowledge to the team.
13 Expresses his/her knowledge about his/her field in written and oral form.
14 Develops a foreign language to follow and interpret mathematical knowledge related to his/her field at a certain level.
15 Uses the mathematical knowledge in different disciplines.
16 Have the awareness of the necessity of lifelong learning.
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
Number of stars refer to level of contribution from 1 (the least) to 5 (the most)

Planned learning activities, teaching methods and ECTS work load
  Quantity Time (hour) Quantity*Time (hour)
Lectures (face to face teaching) 14 3 42
Study hours out of classroom (study before and after the class) 14 4 56
Homework 2 8 16
Presentation / seminar 1 8 8
Quiz 0 0 0
Preparation for midterm exams 1 10 10
Midterm exams 1 2 2
Project (term paper) 0 0 0
Laboratuar 0 0 0
Field study 0 0 0
Preparation for final exam 1 15 15
Final exam 1 2 2
Research 0 0 0
Total work load     151
ECTS     6.00

Assessment methods and criteria
Evaluation during semester Quantity Percentage
Midterm exam 1 100
Quiz 0 0
Homework 0 0
Semester total   100
Contribution ratio of evaluation during semester to success   40
Contribution ratio of final exam to success   60
General total   100

Recommended and required reading
Textbook C. I. Jones, İktisadi Büyümeye Giriş, (çev: S. Ateş ve İ. Tuncer), Literatür yayınları, İstanbul.
Additional references Fatma Ünlü, Economic Growth, Unpublished lecture notes.

Files related to the course unit