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
Defines the theoretical issues in the field of International Trade and Finance (ITF).
X
2
Describes the necessary quantitative and statistical methods in the field of ITF.
3
Uses at least one computer program in the field of ITF.
4
Sustains proficiency in a foreign language required in ITF.
5
Prepares trade and finance projects and leads teams.
X
6
Constantly updates himself / herself by following developments in science and technology with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got.
7
Uses theoretical and practical expertise in the field of ITF.
X
8
Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication skills.
9
Adopts organizational / institutional and social ethical values.
10
Within the framework of community involvement, adopts social responsibility principles and takes initiative when necessary.
X
11
Uses and analyses basic facts and data in various disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies.
X
12
Gains expertise in global trade, export and import transactions, customs clearance and financing of foreign trade.
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
Defines the theoretical issues in the field of International Trade and Finance (ITF).
X
2
Describes the necessary quantitative and statistical methods in the field of ITF.
3
Uses at least one computer program in the field of ITF.
4
Sustains proficiency in a foreign language required in ITF.
5
Prepares trade and finance projects and leads teams.
X
6
Constantly updates himself / herself by following developments in science and technology with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got.
7
Uses theoretical and practical expertise in the field of ITF.
X
8
Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication skills.
9
Adopts organizational / institutional and social ethical values.
10
Within the framework of community involvement, adopts social responsibility principles and takes initiative when necessary.
X
11
Uses and analyses basic facts and data in various disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies.
X
12
Gains expertise in global trade, export and import transactions, customs clearance and financing of foreign trade.
