Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | 190400104106 | HISTORY OF ECONOMIC THOUGHT | Compulsory | 2 | 4 | 4 |
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Level of Course Unit |
First Cycle |
Objectives of the Course |
To review the views of economic events and variables from the antiquity to the present, to compare the views and to shed light on the current economic problems. |
Name of Lecturer(s) |
Dr. Öğr. Üyesi Özlem SÖKMEN GÜRÇAM |
Learning Outcomes |
1 | To be able to define the basic variables in economic definition | 2 | To be able to summarize the developments in economic theory | 3 | Present solutions to current economic problems by taking advantage of past experiences | 4 | | 5 | |
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Mode of Delivery |
Daytime Class |
Prerequisites and co-requisities |
None |
Recommended Optional Programme Components |
None |
Course Contents |
Economic Thought in the First Age. Hebrews, Ancient Greek, Romans. Economic Thought in the Middle Ages, Church Teachings, Basic Differences of Western Thought. Renaissance and Reform, John Calvin, Economic Thought in the Modern Age, Mercantilism, Physiocracy, Classics, Marxism, Keynesian Economics, Neo-Classical Economics, New Developments in Economic Thought, Supply Economics, Operational Economics, Institutional Economics |
Weekly Detailed Course Contents |
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1 | Doctrines and Ideology Concepts | | | 2 | Ancient Greek, Ancient Roman and Middle Ages Economic Thoughts | | | 3 | The Birth and Development of Mercantilism and Liberalism | | | 4 | Physiocratic School, Pioneers of the Classical School | | | 5 | Synthesis of Classical Doctrine | | | 6 | Reactions Against Classics, Socialist Flows-I | | | 7 | Reactions Against Classics, Socialist Flows-II | | | 8 | Midterm Exam | | | 9 | Historian School And Neoclassics | | | 10 | Neomarjinalist | | | 11 | Modern Economics and Keynes | | | 12 | New Liberalism | | | 13 | Friedman And Chicago School | | | 14 | Economic Thought in the 20th Century | | | 15 | New Developments in Economic Thought and the Future of Economic Thought | | | 16 | final exam | | |
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Recommended or Required Reading |
Ersan Bocutoğlu (2016), History of Economic Thought, Ekin Publishing; Mark Skousen (2005), History of Economic Thought, Address Publications |
Planned Learning Activities and Teaching Methods |
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Assessment Methods and Criteria | |
Midterm Examination | 1 | 100 | SUM | 100 | |
Final Examination | 1 | 100 | SUM | 100 | Term (or Year) Learning Activities | 40 | End Of Term (or Year) Learning Activities | 60 | SUM | 100 |
| Language of Instruction | Turkish | Work Placement(s) | None |
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Workload Calculation |
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Midterm Examination | 1 | 1 | 1 |
Final Examination | 1 | 2 | 2 |
Attending Lectures | 12 | 5 | 60 |
Self Study | 14 | 3 | 42 |
Individual Study for Mid term Examination | 1 | 1 | 1 |
Individual Study for Final Examination | 1 | 1 | 1 |
Homework | 1 | 4 | 4 |
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Contribution of Learning Outcomes to Programme Outcomes |
LO1 | 3 | 3 | 4 | 4 | 3 | 4 | 3 | 4 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | LO2 | 4 | 3 | 3 | 3 | 4 | 3 | 4 | 3 | 4 | 3 | 4 | 3 | 4 | 3 | 3 | 3 | 3 | LO3 | 4 | 4 | 3 | 3 | 4 | 4 | 3 | 4 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 4 | 4 | LO4 | 3 | 4 | 4 | 3 | 4 | 3 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 3 | 3 | 4 | LO5 | 3 | 4 | 3 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 3 | 3 | 3 | 4 | 4 | 4 | 3 |
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* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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Iğdır University, Iğdır / TURKEY • Tel (pbx): +90 476
226 13 14 • e-mail: info@igdir.edu.tr
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