Monetary Economics
ECO312
Actors of financial markets, Central Banks and Federal Reserve System. Commercial banks. Bank and non-bank financial institutions. Theories of money. Analysis of money supply and demand. Definiton and calculation of money supply. Reserve money. Monetary base and central bank money. Calculation of money stock. Money demand. Theories of money demand. Money market equilibrium. Interest rates formation. Interest rate and financial analysis. Money and income. Monetary transmission mechanism. Monetarist approach to balance of payments.
AKTS
6Kredi
3Saatler
(3 + 0 + 0 )Economic Growth and Development
ECO314
Designing growth models for a small open economy. Theories of economic growth and development. Labor supply and population dynamics in growth models. Incorporating income distribution into growth models. The diffusion of technology in growth models. Location and economic growth. Planning strategies. Trade and planning models. Stable and unstable growth. Post-World War II growth. The relevance of grwoth theories for economies in transition. Survey of classical and contemporary theories of development. Development theories. Different models of development. Major problems of economic development and structural change.
AKTS
6Kredi
3Saatler
(3 + 0 + 0 )Complementary Elective-II
ECO-C-II
Complementary Elective-II
AKTS
5Kredi
3Saatler
(3 + 0 + 0 )Departmental Elective-III
ECO-D2-III
Departmental Elective-III
AKTS
5Kredi
3Saatler
(3 + 0 + 0 )Free Elective-II
ECO-F-II
Free Elective-II
AKTS
5Kredi
3Saatler
(3 + 0 + 0 )Research Methods
MAN362
Introduction to research, defining the research problem, research design, qualitative research, quantitative research, experimental designs, measurement and scaling, questionnaire design, sampling procedure, data collection methods, data preparation and analysis, research report preparation and presentation.
AKTS
6Kredi
3Saatler
(3 + 0 + 0 )Economics of the EU
ECO401
The history of the European integration. Basic institutions of the EU and their functions. The role of the EU in the world economy. Common policies of the EU. Widening and deepening of the European integration. Principles of subsidiarity and the EU. The Copenhagen and Maastricht criteria and Lisbon strategies of the EU. The EU enlargement to the south and the east. Accession protocols and membership negotiations. The history of the EU-Turkey relations. Reforms, and accession strategies to be followed by Turkey.
AKTS
6Kredi
3Saatler
(3 + 0 + 0 )Economic Policy
ECO411
The intersection of politics and economics. Political and market solutions to collective problems. The politics of economic crises. Corporations and labor in the political economy. Regulation. Monetary policy. Fiscal policy. Current and recent real-world macroeconomic events and conditions.
AKTS
6Kredi
3Saatler
(3 + 0 + 0 )History of Economic Thought
ECO419
Mercantilism. Physiocracy. Theories of Smith, Ricardo, Malthus and Mill. Marxism. Marginalists and Neoclassicals. Marshall. Walras. Keynesian Economics. Cambridge controversies and calculation debate. Post-Keynesian economics. Monetarists. New Keynesians versus New Classicals. Heterodox approaches. Discussion of Walras and the emergence of general equilibrium theory.
AKTS
5Kredi
3Saatler
(3 + 0 + 0 )Complementary Elective-III
ECO-C-III
Complementary Elective-III
AKTS
5Kredi
3Saatler
(3 + 0 + 0 )