Electrical & Electronics Engineering (English) | |||||
Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 |
Course Code: | FNCE421 | ||||||||
Course Name: | Turkish Economy | ||||||||
Course Semester: | Fall | ||||||||
Course Credits: |
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Language of instruction: | EN | ||||||||
Course Requisites: | |||||||||
Does the Course Require Work Experience?: | No | ||||||||
Type of course: | Compulsory | ||||||||
Course Level: |
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Mode of Delivery: | Face to face | ||||||||
Course Coordinator : | Prof. Dr. AYLİN SOYDAN | ||||||||
Course Lecturer(s): |
Prof. Dr. AYLİN SOYDAN |
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Course Assistants: |
Course Objectives: | The purpose of this course is to provide students a general view of the Turkish economy within a historical context. Dynamics and main issues of the Turkish economy will be dealt with from a historical and analytical perspective. |
Course Content: | The course content constitutes of the economic conditions and policies in the late-Ottoman period, establishment of the Turkish Republic, Great Depression years, protectionist policies and ‘etatism’ in the 1930s, Second World War period, reconstruction period after the war and Turkey’s integration with the world economy, economic planning and import-substitution model in the 1960s, economic stagnation and foreign debt crisis in the 1970s, new economic programme in the 1980s, trade liberalisation, financial liberalisation, the economic crises from the 1990s onwards, the 2007-9 crisis and its implications for the economy; the impact of the Covid-19 crisis and current issues. |
The students who have succeeded in this course;
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Week | Subject | Related Preparation |
1) | Introduction to the ‘Turkish Economy’ | none |
2) | Legacy of the Ottoman Empire and First Years of the Republic | reading, video |
3) | Great Depression – Protecitonist Policies and Etatism | reading, video |
4) | WWII and Integration with the World Economy After the War | reading, video |
5) | Economic Planning and Import-Substitution Model in the 1960s | redaing, video |
6) | Economic Crisis in the 1970s | reading, video |
7) | Structural Change in the Turkish Economy: 24th January 1980 | reading, video |
8) | Trade Liberalisation and Exports-Led Growth (1980-1988) | reading, video |
9) | Financial Liberalisalisation and Beyond (1989-1997) | reading, video |
10) | Towards the 2000-2001 Crisis and the Post-Crisis Period | reading, video |
12) | Turkish Economy in the 2008 Crisis | reading |
13) | The Covid-19 Pandemic and Current State of the Turkish Economy | reading |
14) | Revision | reading |
15) | FINAL EXAM | reading |
Course Notes / Textbooks: | Boratav, K. (2018). Türkiye İktisat Tarihi, 24th ed, Istanbul: İmge Yayınevi. Kepenek, Y. (2011). Development and the Structure of the Turkish Economy, Ankara: METU Press. |
References: | Boratav, K. (2018). Türkiye İktisat Tarihi, 24th ed, Istanbul: İmge Yayınevi. Kepenek, Y. (2011). Development and the Structure of the Turkish Economy, Ankara: METU Press. An updated reading-list comprising book chapters and articles will be provided. Video - "Sanayi" prepared by Istanbul Chamber of Industry |
Learning Outcomes | 1 |
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3 |
4 |
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Program Outcomes | ||||||||||
1) Sufficient knowledge in mathematics, science and engineering related to their branches; and the ability to apply theoretical and practical knowledge in these areas to model and solve engineering problems. | ||||||||||
2) The ability to identify, formulate, and solve complex engineering problems; selecting and applying appropriate analysis and modeling methods for this purpose. | ||||||||||
3) The ability to design a complex system, process, device or product under realistic constraints and conditions to meet specific requirements; the ability to apply modern design methods for this purpose. (Realistic constraints and conditions include such issues as economy, environmental issues, sustainability, manufacturability, ethics, health, safety, social and political issues, according to the nature of design.) | ||||||||||
4) Ability to develop, select and use modern techniques and tools necessary for engineering applications; ability to use information technologies effectively. | ||||||||||
5) Ability to design experiments, conduct experiments, collect data, analyze and interpret results to examine engineering problems or discipline-specific research topics. | ||||||||||
6) The ability to work effectively in disciplinary and multidisciplinary teams; individual work skill. | ||||||||||
7) Effective communication skills in Turkish oral and written communication; at least one foreign language knowledge; ability to write effective reports and understand written reports, to prepare design and production reports, to make effective presentations, to give and receive clear and understandable instructions. | ||||||||||
8) Awareness of the need for lifelong learning; access to knowledge, ability to follow developments in science and technology, and constant self-renewal. | ||||||||||
9) Conform to ethical principles, and standards of professional and ethical responsibility; be informed about the standards used in engineering applications. | ||||||||||
10) Awareness of applications in business, such as project management, risk management and change management; awareness of entrepreneurship, and innovation; information about sustainable development. | ||||||||||
11) Information about the universal and social health, environmental and safety effects of engineering applications and the ways in which contemporary problems are reflected in the engineering field; awareness of the legal consequences of engineering solutions. |
No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
Program Outcomes | Level of Contribution | |
1) | Sufficient knowledge in mathematics, science and engineering related to their branches; and the ability to apply theoretical and practical knowledge in these areas to model and solve engineering problems. | |
2) | The ability to identify, formulate, and solve complex engineering problems; selecting and applying appropriate analysis and modeling methods for this purpose. | |
3) | The ability to design a complex system, process, device or product under realistic constraints and conditions to meet specific requirements; the ability to apply modern design methods for this purpose. (Realistic constraints and conditions include such issues as economy, environmental issues, sustainability, manufacturability, ethics, health, safety, social and political issues, according to the nature of design.) | |
4) | Ability to develop, select and use modern techniques and tools necessary for engineering applications; ability to use information technologies effectively. | |
5) | Ability to design experiments, conduct experiments, collect data, analyze and interpret results to examine engineering problems or discipline-specific research topics. | |
6) | The ability to work effectively in disciplinary and multidisciplinary teams; individual work skill. | |
7) | Effective communication skills in Turkish oral and written communication; at least one foreign language knowledge; ability to write effective reports and understand written reports, to prepare design and production reports, to make effective presentations, to give and receive clear and understandable instructions. | |
8) | Awareness of the need for lifelong learning; access to knowledge, ability to follow developments in science and technology, and constant self-renewal. | |
9) | Conform to ethical principles, and standards of professional and ethical responsibility; be informed about the standards used in engineering applications. | |
10) | Awareness of applications in business, such as project management, risk management and change management; awareness of entrepreneurship, and innovation; information about sustainable development. | |
11) | Information about the universal and social health, environmental and safety effects of engineering applications and the ways in which contemporary problems are reflected in the engineering field; awareness of the legal consequences of engineering solutions. |
Field Study | |
Peer Review | |
Expression | |
Individual study and homework | |
Lesson | |
Reading | |
Homework | |
Project preparation | |
Q&A / Discussion | |
Web Based Learning |
Written Exam (Open-ended questions, multiple choice, true-false, matching, fill in the blanks, sequencing) | |
Oral Examination | |
Homework | |
Observation |
Semester Requirements | Number of Activities | Level of Contribution |
Attendance | 14 | % 10 |
Quizzes | 3 | % 10 |
Homework Assignments | 5 | % 10 |
Midterms | 1 | % 30 |
Final | 1 | % 40 |
total | % 100 | |
PERCENTAGE OF SEMESTER WORK | % 60 | |
PERCENTAGE OF FINAL WORK | % 40 | |
total | % 100 |
Activities | Number of Activities | Workload |
Course Hours | 14 | 42 |
Study Hours Out of Class | 16 | 82 |
Project | 1 | 12 |
Homework Assignments | 15 | 30 |
Midterms | 1 | 1 |
Final | 1 | 2 |
Total Workload | 169 |