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| SEC 309 | History of Economic Thougts | 3+0+0 | ECTS:4 | | Year / Semester | Fall Semester | | Level of Course | First Cycle | | Status | Elective | | Department | DEPARTMENT of LABOR ECONOMICS and INDUSTRIAL RELATIONS | | Prerequisites and co-requisites | None | | Mode of Delivery | Face to face | | Contact Hours | 14 weeks - 3 hours of lectures per week | | Lecturer | -- | | Co-Lecturer | No Co-Lecturer | | Language of instruction | Turkish | | Professional practise ( internship ) | None | | | | The aim of the course: | | The evolutional process of economics will be thought in the course. Because of this, the course is thought through the lecture of the instructor. Students are encouraged to do active contribution and discussions in the course. And also homeworks are given in order to make students internalize the subjects told in the course and to increase the awareness in historical and philosophic subjects. |
| Learning Outcomes | CTPO | TOA | | Upon successful completion of the course, the students will be able to : | | | | LO - 1 : | learn development of economic ideas.
| 1,2,3,4,5 | 1 | | LO - 2 : | comparate the views of different economist.
| 1,2,3,4,5 | 1 | | LO - 3 : | identify and discuss the major themes of economic schools.
| 1,2,3,4,5 | 1 | | LO - 4 : | analyze the relation between different economic thoughts.
| 1,2,3,4,5 | 1 | | LO - 5 : | connect economic theories, economic systems and economic policies | 1,2,3,4,5 | 1 | | CTPO : Contribution to programme outcomes, TOA :Type of assessment (1: written exam, 2: Oral exam, 3: Homework assignment, 4: Laboratory exercise/exam, 5: Seminar / presentation, 6: Term paper), LO : Learning Outcome | | |
| The problematic of the origin of the history of economics, the nascency and evolution of economics, Economic thought of pre-economic era (Grecian): life style, ideology, economic thought before Socrates, Platon (division of labor, ideal state, wealth, regime of property, economic variations and political regimes, money |
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| Course Syllabus | | Week | Subject | Related Notes / Files | | Week 1 | To explain the evolutional development of economic theories in the concept of material and intellectual foundations of the periods, | | | Week 2 | The problematic of the origin of the history of economics, the nascency and evolution of economics, Economic thought of pre-economic era (Grecian): life style, ideology, economic thought before Socrates, Platon (division of labor, ideal state, wealth, regime of property, economic variations and political regimes, money | | | Week 3 | Aristo (ideal state, person and society, management of state, regime of property, slavery, commercial activity, value, money), New philosophies, economic thought in the roman empire, the political structure of the emrpire, the economic structure of the empire, roman philosopher and their economic thoughts. | | | Week 4 | Economic thought in the middle ages, the regime of the serf, guilds, the evolution of the fairs, St. Augustine, St. Thomas (Property, fair price, Trade, interest,money), Oresme, Turkish-Islamic middle ages, The religion of Islam, Islamic philosophers whom are influential (Dımeşki, İbn Teymiyye, İbn Rüşd, İbn Haldun, Makrizi) | | | Week 5 | The start of new ages and the trend of mercantilism, the developments that effected mercantilist thought, developments on trade, the development of policy and the occurance of nation states, Cultural and moral changes, | | | Week 6 | the basic views of mercantilism, the contribution of mercatilism the economics, the collapse of mercantilism and the circumstances that made the transition to classical liberalism | | | Week 7 | Physiocracy: the environment which Physiocracy economic thought developped, the pioneers of Physiocracy (Boisguillebert, Cantillon), Quesnay(Natural order, net revenue, the movement of revenue and economic table, single tax theory, trade) Turgot, the contribution of Physiocracy to economic analysis. | | | Week 8 | adam smith: the economic structure of the period, production theory (division of labour, productiove, non-productive labor, money), theory of value (price)(use-exchange value, labor and value, natural-market price) | | | Week 9 | Mid-term exam | | | Week 10 | David Ricardo and Thomas Malthus | | | Week 11 | Jean Baptiste Say and John Stuart Mill | | | Week 12 | Neoclassical economic thought 1: marginal revolution, the first representatives of neoclassical school (Thünen, Gossen ve Cournot), Basic principles and conditions that make the thought occur, transition from objective value to subjective value. | | | Week 13 | Neoclassical economic thought 2, William Jevons and theory of marginal utility, contributions to the neoclassical thought (Menger, von Wieser, Böhm Bawerk, Walras, Pareto, Marshall, Pigou, Wicksteed, Wicksell, Clark), general evaluation. | | | Week 14 | the critical approaches and responses to classical and neoclassical economic thought (national economic trend, historical school, socialist trend) | | | Week 15 | Classical economic thought and Karl Marx (value analysis and about the surplus, the analysis of transition to value and price system, the process of equalization of profits and price determination) | | | Week 16 | Final exam | | | |
| 1 | Bocutoğlu ersan, 2012; İktisadi Düşünceler Tarihi, 2. Baskı, Murathan Yayınevi, İstanbul. | | | |
| 1 | KÖK, Recep, 1999; İktisadi Düşünce-Kavramların Analitik Evrimi, İzmir. | | | |
| Method of Assessment | | Type of assessment | Week No | Date | Duration (hours) | Weight (%) | | Mid-term exam | 9 | | 1 | 50 | | End-of-term exam | 16 | | 1 | 50 | | |
| Student Work Load and its Distribution | | Type of work | Duration (hours pw) | No of weeks / Number of activity | Hours in total per term | | Yüz yüze eğitim | 3 | 14 | 42 | | Sınıf dışı çalışma | 4 | 14 | 56 | | Laboratuar çalışması | 0 | 0 | 0 | | Arasınav için hazırlık | 10 | 1 | 10 | | Arasınav | 1 | 1 | 1 | | Uygulama | 0 | 0 | 0 | | Klinik Uygulama | 0 | 0 | 0 | | Ödev | 0 | 0 | 0 | | Proje | 0 | 0 | 0 | | Kısa sınav | 0 | 0 | 0 | | Dönem sonu sınavı için hazırlık | 10 | 1 | 10 | | Dönem sonu sınavı | 1 | 1 | 1 | | Diğer 1 | 0 | 0 | 0 | | Diğer 2 | 0 | 0 | 0 | | Total work load | | | 120 |
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