Course Information

Course Information
Course Title Code Language Type Semester L+U Hour Credits ECTS
Development Theories ECON304 Turkish Compulsory 6. Semester 3 + 0 3.0 5.0
Prerequisite Courses
Course Level Undergraduate
Mode of delivery Face to face.
Course Coordinator
Instructor(s)
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
# Öğrenme Kazanımı
1 Students can discuss the development suggestions of alternative approaches.
2 Students can discuss the basic requirements and resources of development.
3 Students can discuss the international dimensions of development.
4 Students can anticipate the short and long term results of the policies implemented for development.
Lesson Plan (Weekly Topics)
Week Topics/Applications Method
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
*Midterm and final exam dates are not specified in the 14-week course operation plan. Midterm and final exam dates are held on the dates specified in the academic calendar with the decision of the University Senate.
The Matrix for Course & Program Learning Outcomes
No Program Requirements Level of Contribution
1 2 3 4 5
1 Know the basic concepts of economics at an advanced level; can abstract the economic decision-making units in households, firms, government agencies, and predict the results of their decision-making mechanisms in different market and competition conditions.
2 Understand the objectives of economies such as growth, employment, productivity, sustainability; may propose solutions to problems such as unemployment, contraction, inflation, high interest rates and similar problems.
3 Capable to make sense of the international interactions of national economies with an international economic perspective.
4 Have knowledge about the historical development of the world economy and its current structure, understand the working process of different economic systems.
5 Can combine economic theory with mathematical, statistical and econometric skills to analyze concrete situations; are experienced in economic data collection and analysis methods by utilyzing technology.
6 Analyze the different sectors of the economy such as agriculture, industry and services through the Production Factors such as Labor, Capital, Natural Resource, Information and Entrepreneurship and evaluate the country economies.
7 Know the current status, historical background, the strengths and weaknesses of Turkish economy in macro and micro scale; can propose solutions, make theoretical and applied studies in this direction as individuals and teams.
8 Know the relations of economics as a social science with other sciences especially with politics, business administration, law, history, mathematics and engineering; reflect the theoretical knowledge in practice and have collaborative working culture.
9 Have the consciousness of lifelong learning, use the education to keep knowledge updated and contribute to the business life.
10 Have the cultural consciousness, know their own history, develop awareness of working with different cultures, respect individual, social and cultural rights.
11 Behave in accordance with ethical values in their works, have the ability of questioning, free thinking with no prejudices.
12 Have the consciousness of fulfilling the given tasks at the right time. In this process, utilize in maximum written, visual, audio sources and information-communication technologies.
13 Have the experience and ability to explain what they learn in written, oral and visual manner.
14 Use the Turkish and English language properly and effectively, and pursue professional readings in double language.
Relations with Education Attainment Program Course Competencies
Program Requirements DK1 DK2 DK3 DK4
PY1 5 5 5 5
PY2 5 5 5 5
PY3 5 5 5 5
PY4 5 5 5 5
PY5 1 1 1 1
PY6 5 5 5 5
PY7 4 4 4 4
PY8 4 4 4 4
PY9 3 3 3 3
PY10 2 2 2 2
PY11 3 3 3 3
PY12 2 2 2 2
PY13 3 3 3 3
PY14 1 1 1 1
Recommended Sources
Ders Kitabı veya Notu Ders Kitabı veya Ders Notu bulunmamaktadır.
Diğer Kaynaklar
  • Kalkınma ekonomisi / Akın, Mustafa Şeref
  • Gönel (2016) Kalkınma Ekonomisi
  • Rodrik (2010) Yapısal Dönüşüm ve İktisadi Kalkınma
  • Economic Growth and Development," Prof. Dr. Metin Berber, Derya Publishing House.
ECTS credits and course workload
ECTS credits and course workload Quantity Duration (Hour) Total Workload (Hour)
Sınavlar
Midterm 1 30 30
Homework 1 15.5 15.5
Final 1 40 40
Classroom Activities 14 3 42
Total Workload 127.5
*AKTS = (Total Workload) / 25,5 ECTS Credit of the Course 5.0