Course Information

Course Information
Course Title Code Language Type Semester L+U Hour Credits ECTS
Economic Policy ECON405 Turkish Compulsory 7. 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 examine various economic policy instruments in depth, to put them in a comparative framework and to emphasize in detail the advantages and disadvantages of their use. In this context, a comprehensive analysis of the effects, applicability and consequences of economic policy instruments will be made and students will gain the basic knowledge and competencies necessary to comprehend and effectively use these instruments.
Course Content Fiscal policy, monetary policy, international economic policies and current debates.
Learning Outcomes
# Öğrenme Kazanımı
1 Learn to distinguish and evaluate economic developments.
2 Understand the behavior of economic actors.
3 Students learn to see economic problems and produce solutions.
4 Students follow economic events and developments in Turkey and the world in a conscious way.
5 Analyzes monetary and fiscal policies.
Lesson Plan (Weekly Topics)
Week Topics/Applications Method
1. Week Economic Schools, Economic Policies and History Interview
2. Week Internal and External Economic Balance and Economic Imbalances Interview
3. Week Uncertainty and Economic Policy Interview
4. Week National Institutions Involved in Economic Policy Implementation Interview
5. Week International Framework for Economic Policy Implementation Interview
6. Week Public Sector Fiscal Structure Interview
7. Week Fiscal Policy, Instruments and Practices Interview
8. Week MIDTERM EXAM
9. Week Central Bank, Banks, Capital Markets, Interview
10. Week Monetary Policy, Instruments and Practices, Alternative Policy Instruments Interview
11. Week Foreign Economic Relations; Exchange Rate Policies, Borrowing, Investments Interview
12. Week Economic Policy Framework and Challenges Interview
13. Week Economic Policies Applied in Turkey Interview
14. Week Crises and Economic Policies Interview
*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 DK5
PY1 5 5 5 5 5
PY2 5 5 5 5 5
PY3 5 5 5 5 5
PY4 4 4 4 4 4
PY5 4 4 4 4 4
PY6 5 5 5 5 5
PY7 4 4 4 4 4
PY8 4 4 4 4 4
PY9 3 3 3 3 3
PY10 3 3 3 3 3
PY11 5 5 5 5 5
PY12 4 4 4 4 4
PY13 4 4 4 4 4
PY14 3 3 3 3 3
Recommended Sources
Ders Kitabı veya Notu Ders Kitabı veya Ders Notu bulunmamaktadır.
Diğer Kaynaklar
  • Eğilmez, M. & Kumcu, E. Ekonomi Politikası Teori ve Türkiye Uygulaması, Remzi Kitabevi.
  • Savaş, V. F. Politik İktisat, Beta Basım.
ECTS credits and course workload
ECTS credits and course workload Quantity Duration (Hour) Total Workload (Hour)
Ders İçi
Class Hours 14 3 42
Ders Dışı
Preparation, After Class Study 14 2 28
Research 6 3 18
Other Activities 14 2 28
Sınavlar
Midterm 1 1 1
Final 1 1 1
Practice 4 2 8
Classroom Activities 1 1.5 1.5
Total Workload 127.5
*AKTS = (Total Workload) / 25,5 ECTS Credit of the Course 5.0