Description of Individual Course Units
Course Unit CodeCourse Unit TitleType of Course UnitYear of StudySemesterNumber of ECTS Credits
140400104102HISTORY OF ECONOMIC THOUGHTCompulsory245
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
1To be able to define the basic variables in economic definition
2To be able to summarize the developments in economic theory
3Present solutions to current economic problems by taking advantage of past experiences
4
5
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
WeekTheoreticalPracticeLaboratory
1Doctrines and Ideology Concepts
2Ancient Greek, Ancient Roman and Middle Ages Economic Thoughts
3The Birth and Development of Mercantilism and Liberalism
4Physiocratic School, Pioneers of the Classical School
5Synthesis of Classical Doctrine
6Reactions Against Classics, Socialist Flows-I
7Reactions Against Classics, Socialist Flows-II
8Midterm Exam
9Historian School And Neoclassics
10Neomarjinalist
11Modern Economics and Keynes
12New Liberalism
13Friedman And Chicago School
14Economic Thought in the 20th Century
15New Developments in Economic Thought and the Future of Economic Thought
16final exam
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
Assessment Methods and Criteria
Term (or Year) Learning ActivitiesQuantityWeight
Midterm Examination1100
SUM100
End Of Term (or Year) Learning ActivitiesQuantityWeight
Final Examination1100
SUM100
Term (or Year) Learning Activities40
End Of Term (or Year) Learning Activities60
SUM100
Language of Instruction
Turkish
Work Placement(s)
None
Workload Calculation
ActivitiesNumberTime (hours)Total Work Load (hours)
Midterm Examination111
Final Examination122
Attending Lectures12560
Self Study14570
Individual Study for Mid term Examination111
Individual Study for Final Examination111
Homework144
TOTAL WORKLOAD (hours)139
Contribution of Learning Outcomes to Programme Outcomes
PO
1
PO
2
PO
3
PO
4
PO
5
PO
6
PO
7
PO
8
PO
9
PO
10
PO
11
PO
12
PO
13
PO
14
PO
15
PO
16
PO
17
LO133443434343333333
LO243334343434343333
LO344334434333433344
LO434434344333344334
LO534343333443334443
* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High
 
Iğdır University, Iğdır / TURKEY • Tel (pbx): +90 476 226 13 14 • e-mail: info@igdir.edu.tr