This course aims to introduce students to the theories, challenges, and policies that shape economic growth and development and to develop their ability to apply theoretical and empirical knowledge to solve real life problems.
Course Content
This course contains; Understanding the concepts of growth and development,Capital Accumulation and Solow Growth Model,Endogenous Growth Models: Productivity and Innovation ,Endogenous Growth Models: Human Capital, Ideas and Competition,Convergence, Middle-Income Trap and Secular Stagnation ,Culture and Institutions ,Poverty, Inequality and Health ,Trade and Globalization,Financial Development,Environment and Natural Resources,Foreign Aid,Conflicts,A Brief History of Economic Development ,The Evolution of the Development Strategies .
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Will be able to explain proximate and fundamental causes of economic growth and development
10, 16, 9
A
1.1. Separate proximate and fundamental causes.
1.2. Relate proximate causes with fundamental ones.
2. Will be able to use modern theories of growth and development and empirical findings to analyze the problems of the developing world.
10, 13, 9
A
2.1. Compare different theories.
2.2. Interpret empirical findings
3. Will be able to ıdentify and appraise policy failures
10, 13, 9
A
3.1. Discuss reasons of policy failures
3.2 Relate policy failures with endogenous and exogenous factors.
4. Will be able to suggest policies aimed at correcting failures and promoting economic growth and development.
13, 16, 9
A
4.1. Report alternative policies.
4.2. Compare the pros and cons of alternative policy proposals
5. Will be able to acquire skills in conducting research related to growth development issues.
10, 13, 16, 9
A
5.1. Use data on growth and development.
5.2. Employ theories
Teaching Methods:
10: Discussion Method, 13: Case Study Method, 16: Question - Answer Technique, 9: Lecture Method
Assessment Methods:
A: Traditional Written Exam
Course Outline
Order
Subjects
Preliminary Work
1
Understanding the concepts of growth and development
2
Capital Accumulation and Solow Growth Model
3
Endogenous Growth Models: Productivity and Innovation
4
Endogenous Growth Models: Human Capital, Ideas and Competition
4
Convergence, Middle-Income Trap and Secular Stagnation
6
Culture and Institutions
7
Poverty, Inequality and Health
8
Trade and Globalization
9
Financial Development
10
Environment and Natural Resources
11
Foreign Aid
12
Conflicts
13
A Brief History of Economic Development
14
The Evolution of the Development Strategies
Resources
Micheal P. Todaro & Stephen C. Smith, "Economic Development", 11th Edition Addison Wesley
Matthew McCartney, "Economic Growth and Development: A Comparative Introduction", Palgrave
E. Helpman, " The Mystery of Economic Growth". Cambridge, MA: Harvard University Press.
J.A. Ocampo, Jomo K.S. and R. Vos,. "Growth Divergences: Explaining Differences in Economic Performance". New York, NY: Zed Books.
Gürak, Hasan, 2016, Ekonomik Büyüme ve Kalkınma: Kuramlar, Eleştiriler ve Alternatif Bir Büyüme Modeli
ADDITIONAL RESOURCES
Jeffrey D. Sachs, "The Age of Sustainable Development", Columbia University Press
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
(S)he describes theoretical knowledge in economics and finance.
X
2
(S)he explains mathematical and statistical methods needed for economics and finance.
3
(S)he uses at least one computer program utilized for economic and financial analyses (SPSS, Eviews, STATA, R ve MATLAB).
4
(S)he has the foreign language proficiency necessary for economics and finance.
5
(S)he develops projects in the field and handles team work.
X
6
(S)he develops (her) his awareness of lifetime learning, follows the developments in (her) his field and adopts a critical approach.
7
(S)he uses theoretical and practical knowledge on economics and finance.
X
8
(S)he delivers (her) his opinions by making effective use of modern technologies and of at least one foreign language at a minimum level of level C1.
9
(S)he adopts and uses organizational, corporate and social ethical values.
10
(S)he adopts principles of social responsibility and acts whenever needed in light of social service sensitivity.
X
11
(S)he analyzes and uses basic knowledge and data regarding different disciplines to conduct inter-disciplinary studies.
12
(S)he benefits from (her) his proficiency in economics and finance to make policy suggestions and contribute to the field.
X
Assessment Methods
Contribution Level
Absolute Evaluation
Rate of Midterm Exam to Success
50
Rate of Final Exam to Success
50
Total
100
ECTS / Workload Table
Activities
Number of
Duration(Hour)
Total Workload(Hour)
Course Hours
14
3
42
Guided Problem Solving
5
2
10
Resolution of Homework Problems and Submission as a Report
0
0
0
Term Project
2
5
10
Presentation of Project / Seminar
0
0
0
Quiz
0
0
0
Midterm Exam
1
30
30
General Exam
1
50
50
Performance Task, Maintenance Plan
0
0
0
Total Workload(Hour)
142
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(142/30)
5
ECTS of the course: 30 hours of work is counted as 1 ECTS credit.
Detail Informations of the Course
Course Description
Course
Code
Semester
T+P (Hour)
Credit
ECTS
ECONOMIC GROWTH and DEVELOPMENT
-
Spring Semester
3+0
3
5
Course Program
Prerequisites Courses
Recommended Elective Courses
Language of Course
English
Course Level
First Cycle (Bachelor's Degree)
Course Type
Elective
Course Coordinator
Prof.Dr. Rana ATABAY KUŞÇU
Name of Lecturer(s)
Prof.Dr. Nurullah GÜR
Assistant(s)
Aim
This course aims to introduce students to the theories, challenges, and policies that shape economic growth and development and to develop their ability to apply theoretical and empirical knowledge to solve real life problems.
Course Content
This course contains; Understanding the concepts of growth and development,Capital Accumulation and Solow Growth Model,Endogenous Growth Models: Productivity and Innovation ,Endogenous Growth Models: Human Capital, Ideas and Competition,Convergence, Middle-Income Trap and Secular Stagnation ,Culture and Institutions ,Poverty, Inequality and Health ,Trade and Globalization,Financial Development,Environment and Natural Resources,Foreign Aid,Conflicts,A Brief History of Economic Development ,The Evolution of the Development Strategies .
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Will be able to explain proximate and fundamental causes of economic growth and development
10, 16, 9
A
1.1. Separate proximate and fundamental causes.
1.2. Relate proximate causes with fundamental ones.
2. Will be able to use modern theories of growth and development and empirical findings to analyze the problems of the developing world.
10, 13, 9
A
2.1. Compare different theories.
2.2. Interpret empirical findings
3. Will be able to ıdentify and appraise policy failures
10, 13, 9
A
3.1. Discuss reasons of policy failures
3.2 Relate policy failures with endogenous and exogenous factors.
4. Will be able to suggest policies aimed at correcting failures and promoting economic growth and development.
13, 16, 9
A
4.1. Report alternative policies.
4.2. Compare the pros and cons of alternative policy proposals
5. Will be able to acquire skills in conducting research related to growth development issues.
10, 13, 16, 9
A
5.1. Use data on growth and development.
5.2. Employ theories
Teaching Methods:
10: Discussion Method, 13: Case Study Method, 16: Question - Answer Technique, 9: Lecture Method
Assessment Methods:
A: Traditional Written Exam
Course Outline
Order
Subjects
Preliminary Work
1
Understanding the concepts of growth and development
2
Capital Accumulation and Solow Growth Model
3
Endogenous Growth Models: Productivity and Innovation
4
Endogenous Growth Models: Human Capital, Ideas and Competition
4
Convergence, Middle-Income Trap and Secular Stagnation
6
Culture and Institutions
7
Poverty, Inequality and Health
8
Trade and Globalization
9
Financial Development
10
Environment and Natural Resources
11
Foreign Aid
12
Conflicts
13
A Brief History of Economic Development
14
The Evolution of the Development Strategies
Resources
Micheal P. Todaro & Stephen C. Smith, "Economic Development", 11th Edition Addison Wesley
Matthew McCartney, "Economic Growth and Development: A Comparative Introduction", Palgrave
E. Helpman, " The Mystery of Economic Growth". Cambridge, MA: Harvard University Press.
J.A. Ocampo, Jomo K.S. and R. Vos,. "Growth Divergences: Explaining Differences in Economic Performance". New York, NY: Zed Books.
Gürak, Hasan, 2016, Ekonomik Büyüme ve Kalkınma: Kuramlar, Eleştiriler ve Alternatif Bir Büyüme Modeli
ADDITIONAL RESOURCES
Jeffrey D. Sachs, "The Age of Sustainable Development", Columbia University Press
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
(S)he describes theoretical knowledge in economics and finance.
X
2
(S)he explains mathematical and statistical methods needed for economics and finance.
3
(S)he uses at least one computer program utilized for economic and financial analyses (SPSS, Eviews, STATA, R ve MATLAB).
4
(S)he has the foreign language proficiency necessary for economics and finance.
5
(S)he develops projects in the field and handles team work.
X
6
(S)he develops (her) his awareness of lifetime learning, follows the developments in (her) his field and adopts a critical approach.
7
(S)he uses theoretical and practical knowledge on economics and finance.
X
8
(S)he delivers (her) his opinions by making effective use of modern technologies and of at least one foreign language at a minimum level of level C1.
9
(S)he adopts and uses organizational, corporate and social ethical values.
10
(S)he adopts principles of social responsibility and acts whenever needed in light of social service sensitivity.
X
11
(S)he analyzes and uses basic knowledge and data regarding different disciplines to conduct inter-disciplinary studies.
12
(S)he benefits from (her) his proficiency in economics and finance to make policy suggestions and contribute to the field.
