| Course Title | Code | Semester | L+U Hour | Credits | ECTS |
|---|---|---|---|---|---|
| Economic Development | İKT402 | 8. 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 |
Assoc. Prof. Dr. İbrahim KÜLÜNK |
| Instructors |
İbrahim KÜLÜNK |
| Assistants | |
| Goals | The aim of this course is to explain the basic principles and dynamics of economic development, to show the relationship between the developments of the countries and their socio-economic status, to discuss the effects of knowledge, technology and population on the development and growth of countries. |
| Course Content | The concept of development and international development indicators, Development trends, The problem of underdevelopment and theoretical framework of it, Social and structural change in development process, Structural transformation and the impact of advanced technology industries; country examples, Institutionalist approach: The importance of institutional structures; Development alternatives. |
| Learning Outcomes |
- Students can discuss the development suggestions of alternative approaches. - Students can discuss the basic requirements and resources of development. - Students can discuss the international dimensions of development. - Students can anticipate the short and long term results of the policies implemented for development. |
| Week | Topics | Learning Methods |
|---|---|---|
| 1. Week | Differences Between Economic Development and Economic Growth: Examples of Countries | |
| 2. Week | Measurement Problem of Economic Development; Poverty and New Poverty Concepts; Inequality in Income Distribution: Causes and Suggestions | |
| 3. Week | Main Analysis on Economic Development: Introduction to Rostow, Gerschchron, Neoclassical and Endogenous Models; School of Addiction, Marxist Approach | |
| 4. Week | Main Analysis of Economic Development: Duality, Nurkse Model, Lewis' Unlimited Labor Supply Model, Ranis-Fei Model | |
| 5. Week | Prebisch Model in the Frame of Center-Peripheral Models, Seers Model. Regional Inequalities and Immigration, Harris-Todaro Migration Model, Unemployment, Urbanization and Informal Sector | |
| 6. Week | Labor Force and Human Capital, Population and Related Theories, Health and Education | |
| 7. Week | Domestic and International Financing of Development. Private Foreign Investments, The Role of Multinational Companies. Absorption Capacity of Foreign Technology. Foreign Aid. World Debt Crisis. The World Bank and the IMF's Role in the Debt Crisis and Beyond | |
| 8. Week | MIDTERM EXAM | |
| 9. Week | Industrialization and Importance of Agriculture, Agricultural Strategies and Public Interventions, Trade Restrictions. Development of Financial Markets in Agriculture. The Role of State and Planning in Industrialization, Development Plans | |
| 10. Week | Structural Transformation and the Effect of High-Tech Industries: Country Examples | |
| 11. Week | Institutionalist Approach: Importance of Institutional Structures; Development Alternatives | |
| 12. Week | Alternative Economic Policies in Development | |
| 13. Week | Alternative Economic Policies in Development (Continue) | |
| 14. Week | New Capitalism and Development |
| Gönel (2016) Kalkınma Ekonomisi |
| Rodrik (2010) Yapısal Dönüşüm ve İktisadi Kalkınma |
| Kalkınma ekonomisi / Akın, Mustafa Şeref |
| Economic Growth and Development," Prof. Dr. Metin Berber, Derya Publishing House. |
| Program Requirements | Contribution Level | DK1 | DK2 | DK3 | DK4 | Measurement Method |
|---|---|---|---|---|---|---|
| PY1 | 5 | 0 | 0 | 0 | 0 | - |
| PY2 | 5 | 0 | 0 | 0 | 0 | - |
| PY3 | 5 | 0 | 0 | 0 | 0 | - |
| PY4 | 5 | 0 | 0 | 0 | 0 | - |
| PY5 | 1 | 0 | 0 | 0 | 0 | - |
| PY6 | 5 | 0 | 0 | 0 | 0 | - |
| PY7 | 4 | 0 | 0 | 0 | 0 | - |
| PY8 | 4 | 0 | 0 | 0 | 0 | - |
| PY9 | 3 | 0 | 0 | 0 | 0 | - |
| PY10 | 2 | 0 | 0 | 0 | 0 | - |
| PY11 | 3 | 0 | 0 | 0 | 0 | - |
| PY12 | 2 | 0 | 0 | 0 | 0 | - |
| PY13 | 3 | 0 | 0 | 0 | 0 | - |
| PY14 | 1 | 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) |
|---|---|---|---|
| Midterm 1 | 1 | 30 | 30 |
| Homework 1 | 1 | 15.5 | 15.5 |
| Final | 1 | 40 | 40 |
| Classroom Activities | 14 | 3 | 42 |
| Total Workload | 127.5 | ||
| ECTS Credit of the Course | 5.0 | ||
