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Year/Semester of Study | 1 / Spring Semester | ||||
Level of Course | 2nd Cycle Degree Programme | ||||
Type of Course | Optional | ||||
Department | ECONOMICS (MA-WITH THESIS) | ||||
Pre-requisities and Co-requisites | None | ||||
Mode of Delivery | Face to Face | ||||
Teaching Period | 14 Weeks | ||||
Name of Lecturer | SERDAR ÖZTÜRK (serdarozturk@nevsehir.edu.tr) | ||||
Name of Lecturer(s) | |||||
Language of Instruction | Turkish | ||||
Work Placement(s) | None | ||||
Objectives of the Course | |||||
The aim of this course is to introduce basic models of new growth theories. In terms of this purpose economic growth historical development process will be dealt with until the new growth theories. Therefore, these issues are addressed in this course. Another aim of this course is to make an introduction for how to make theoretical research and scientific publication. |
Learning Outcomes | PO | MME | |
The students who succeeded in this course: | |||
LO-1 | Can explain advanced level of macroeconomic knowledge |
PO-1 have information about basic economic topics and indicators. PO-2 have basic information about treatment rules between individuals, markets and countries. PO-3 have information about the reasons and results of transition that take place in economics. |
Examination |
LO-2 | Can explain new growth theories in growth theories literature. |
PO-1 have information about basic economic topics and indicators. PO-2 have basic information about treatment rules between individuals, markets and countries. PO-3 have information about the reasons and results of transition that take place in economics. |
Examination |
LO-3 | Can establish significant relations among growth theories. |
PO-1 have information about basic economic topics and indicators. PO-2 have basic information about treatment rules between individuals, markets and countries. PO-3 have information about the reasons and results of transition that take place in economics. |
Examination |
PO: Programme Outcomes MME:Method of measurement & Evaluation |
Course Contents | ||
This course begins with the historical development of economic growth models.Under the assumptions of the Solow approach: transitional dynamics, steady state, golden rule of saving, violations of neoclassical assumptions, and so on. secondly , the consumptionsaving tradeoff is endogenized under the Ramsey framework. The course teaches some other concepts of dynamic macro economics such as subjective rate of discount, intertemporal elasticity of substitution, saddlepath stability, and so on. In summary, a short list of some concepts and topics covered is Neoclassical assumptions,Solow framework,Transitional dynamics,Steady state cases that violate neoclassical assumptions,Ramsey framework,new growth theory. | ||
Weekly Course Content | ||
Week | Subject | Learning Activities and Teaching Methods |
1 | Economic Growth and development differences | Presantation and Discussion |
2 | Historical Development of Economic Growth Models | Presantation and Discussion |
3 | Classical Growth Models | Presantation and Discussion |
4 | An Introduction to Neoclassical Economics | Presantation and Discussion |
5 | Neoclassical Growth Models | Presantation and Discussion |
6 | Neoclassical Growth Models | Presantation and Discussion |
7 | Endogenous growth models | Presantation and Discussion |
8 | mid-term exam | |
9 | R&D in new growth model | Review Article Review Book |
10 | Technology in new growth models | Review Article Review Book |
11 | Technology in new growth models | Review Article Review Book |
12 | Human capitals in new growth model | Review Article Review Book |
13 | Human capitals in new growth model | Review Article Review Book |
14 | Public expenditure and policies in the new growth models | Review Article Review Book |
15 | Review of the Semester | Review Article Review Book |
16 | final exam | |
Recommend Course Book / Supplementary Book/Reading | ||
1 | İktisadi Büyümeye Giriş, Charles Jones | |
2 | The Economics of Growth and Distribution, Erinç YELDAN | |
3 | İçsel Büyüme Modelleri ve Türkiye, Sami TABAN | |
4 | Ekonomik Büyüme Kuramları, Enver Alper GÜVEL | |
Required Course instruments and materials | ||
Assessment Methods | |||
Type of Assessment | Week | Hours | Weight(%) |
mid-term exam | 8 | 1 | 40 |
Other assessment methods | |||
1.Oral Examination | |||
2.Quiz | |||
3.Laboratory exam | |||
4.Presentation | |||
5.Report | |||
6.Workshop | |||
7.Performance Project | |||
8.Term Paper | |||
9.Project | |||
final exam | 16 | 1 | 60 |
Student Work Load | |||
Type of Work | Weekly Hours | Number of Weeks | Work Load |
Weekly Course Hours (Theoretical+Practice) | 3 | 14 | 42 |
Outside Class | |||
a) Reading | 4 | 14 | 56 |
b) Search in internet/Library | 0 | ||
c) Performance Project | 0 | ||
d) Prepare a workshop/Presentation/Report | 0 | ||
e) Term paper/Project | 0 | ||
Oral Examination | 0 | ||
Quiz | 0 | ||
Laboratory exam | 0 | ||
Own study for mid-term exam | 4 | 7 | 28 |
mid-term exam | 1 | 1 | 1 |
Own study for final exam | 4 | 7 | 28 |
final exam | 1 | 1 | 1 |
0 | |||
0 | |||
Total work load; | 156 |