| Course Title | Code | Semester | L+U Hour | Credits | ECTS |
|---|---|---|---|---|---|
| History of Economic Thought | İKT307 | 5. Semester | 3 + 0 | 3.0 | 5.0 |
| Prerequisites | None |
| Language of Instruction | Turkish |
| Course Level | Undergraduate |
| Course Type | |
| Mode of delivery | Face to face. |
| Course Coordinator |
Lect. İlyas İlker İŞLER |
| Instructor(s) |
İlyas İlker İŞLER |
| Assistants | |
| Goals | In this course, the evolution of economic thought from antiquity to the mid-19th century will be analysed. In this framework, the methodological debates in economics and especially the relationship between economics and ideology will be addressed, and the development of economic thought within the framework of the Mercantilist School, Physiocratic School, Classical School of Political Economy, starting from the economic thoughts in Ancient Greece and Rome and the Middle Ages, which are accepted as the beginning of economic thought. |
| Course Content | Development of Economic Thought from the 16th to the 21st Century. |
| Learning Outcomes |
- Students can summarize the development process of economic thought. - Students can comment on economic cases with different perspectives. - Students can explain the paradigm changes and the reasons for these changes in the history of economic thought. - Upon successful completion of this course, the student will be able to compare the major economists, periods and schools that have an important place in the history of economic thought, - udents will be able to compare the differences between Orthodox and Hetor - Will be able to analyse the development of economic thought and the main factors determining the development in historical perspective, |
| Week | Topics | Learning Methods |
|---|---|---|
| 1. Week | Methodological Debates in the History of Economic Thought | Research Other Activities Verbal Expression Course Hours Preparation, After Class Study Visual Presentation |
| 2. Week | The Beginning of Economic Thought: Economic Thought in Ancient Greece and the Middle Ages | Verbal Expression Visual Presentation Course Hours Preparation, After Class Study Research Other Activities |
| 3. Week | Economic thought in Rome | Other Activities Verbal Expression Visual Presentation Course Hours Preparation, After Class Study Research |
| 4. Week | Mercantilism and Utopianism in the Renaissance | Preparation, After Class Study Research Verbal Expression Other Activities Course Hours |
| 5. Week | Criticism of Mercantilism and the Birth of Liberal Economic Doctrine | Verbal Expression Preparation, After Class Study Research Course Hours |
| 6. Week | Physiocrat School | Verbal Expression Preparation, After Class Study Other Activities Course Hours |
| 7. Week | General Explanation on the Classical School | Other Activities Verbal Expression Course Hours Preparation, After Class Study |
| 8. Week | J.B. Say, J.s. Mill and the Principles of 19th Century Classical Economic Doctrine | Course Hours Verbal Expression Preparation, After Class Study |
| 9. Week | Economic Thought of Adam Smith | Preparation, After Class Study Research Verbal Expression Course Hours |
| 10. Week | The Economic Thought of Thomas Robert Malthus | Course Hours Research Verbal Expression |
| 11. Week | Economic Thought of Ricardo | Other Activities Verbal Expression Course Hours Research |
| 12. Week | Bentham, Say and Senior's and Mill's Economic Thought | Course Hours Research Other Activities Verbal Expression |
| 13. Week | Political Economy of the Poor | Course Hours Research Verbal Expression Other Activities |
| 14. Week | Reactions to Classical Economics: Friedrich List's Views and the German Historical School | Verbal Expression Preparation, After Class Study Course Hours Research |
| Blaug, Mark (2014). An Overview of the History of Economic Theory, (pp.2-11) Efil Publishing House, Ankara. |
| E. K. Hunt & Mark Lautzenheiser (2016), İktisadi Düşünce Tarihi, Phoenix Yayınevi. |
| Denis, Henri (1973). History of Economic Doctrines I, (First Part pp.13-87), Sosyal Yayınlar, Istanbul. |
| E.K. Hunt & Mark Lautzenheiser (2016) History of Economic Thought, Trans. Vedat Ulvi Aslan, Ankara: Phoenix. |
| Kazgan, Gülten (1980). Economic Thought or Evolution of Political Economy (pp.51-54), Remzi Kitabevi, Istanbul. |
| Muammer Kaymak, The Agricultural Wealth of Nations and Physiocracy, https://www.ejmanager.com/mnstemps/94/94-1395761337.pdf?t=1451261867 |
| Heinz D. Kurz (2017). History of Economic Thought (Trans. Hüsnü Bilir-Ekin Değirmenci), Heretik Yayınları, Ankara. |
| Heilbroner, Robert L. (1995). Economic Thinkers (pp. 39-68), Dost Kitabevi, Ankara. |
| Ronald L. Meek, Malthus: An Introduction Past and Present http://www.solyayinlari.com/pdf/nu_meek.pdf |
| Barber, William J. (2007). History of Economic Thought (pp. 93-109), Metropol Publications, Istanbul. |
| Selik, Mehmet (2015). History of Economic Doctrines, Efil Publishing House, Ankara. |
| Files | İktisadi Doktrinler Tarihi |
| Files | İktisadi Doktrinler Tarihi |
| Presantation materials (ppt, slayt etc.) | İktisadi Düşünceler Tarihi |
| Program Requirements | Contribution Level | DK1 | DK2 | DK3 | DK4 | DK5 | DK6 | Measurement Method |
|---|---|---|---|---|---|---|---|---|
| PY1 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY2 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY3 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY4 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY5 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY6 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY7 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY8 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY9 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY10 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY11 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY12 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY13 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY14 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| 0 | 1 | 2 | 3 | 4 | 5 | |
|---|---|---|---|---|---|---|
| Course's Level of contribution | None | Very Low | Low | Fair | High | Very High |
| Method of assessment/evaluation | Written exam | Oral Exams | Assignment/Project | Laboratory work | Presentation/Seminar |
| Event | Quantity | Duration (Hour) | Total Workload (Hour) |
|---|---|---|---|
| Course Hours | 14 | 3 | 42 |
| Preparation, After Class Study | 14 | 1 | 14 |
| Research | 14 | 3 | 42 |
| Visual Presentation | 1 | 1 | 1 |
| Midterm 1 | 1 | 1 | 1 |
| Homework 1 | 1 | 10 | 10 |
| Final | 1 | 1 | 1 |
| Practice | 1 | 10 | 10 |
| Classroom Activities | 1 | 6.5 | 6.5 |
| Total Workload | 127.5 | ||
| ECTS Credit of the Course | 5.0 | ||
