COURSE INTRODUCTION AND APPLICATION INFORMATION

eco.ieu.edu.tr

Course Name

Code	Semester	Theory (hour/week)	Application/Lab (hour/week)	Local Credits	ECTS
	Fall/Spring

Prerequisites

	ECON 101	To succeed (To get a grade of at least DD)
and	ECON 102	To succeed (To get a grade of at least DD)

Course Language

Course Type

Elective

Course Level

Mode of Delivery

Teaching Methods and Techniques of the Course

Course Coordinator

Course Lecturer(s)

Assistant(s)

Course Objectives
Learning Outcomes	The students who succeeded in this course; Will be able to explain the process of scientific and technological innovation; the economic mechanisms at work during the production of new technology, and its adoption by the rest of the society; the role of scientific and technological advancement in shaping economic and social outcomes. Will be able to explain the process of knowledge spillovers and technology transfer between economic agents, their importance and their magnitude. Will be able to discuss the mechanisms of technology transfer into developing nations, and nations that are not positioned on the world’s technology frontier (both cases apply to Turkey). Will be able to interpret the current economic issues with the economics of technolgy and management of innovation and technology. Will be able to draw policy implications for the current economic issues with the economics and management of innovation and technology. Will be able to elaborate the output of the frontier of economic research on science and technology, and the debates therein. Will be able to evaluate the problems with the quantification of scientific and technological knowledge. Will be able to use the existing data of knowledge creation and knowledge transfer in empirical works on knowledge, science and technology.
Course Description

Course Category	Core Courses
	Major Area Courses
	Supportive Courses	X
	Media and Managment Skills Courses
	Transferable Skill Courses

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week	Subjects	Required Materials
1	Historical background	Reading list.
2	Issues with the measurement of innovation	Reading list.
3	Returns to R&D and patenting	Reading list.
4	Knowledge Spillovers, Pt. 1: Introduction and a review of the literature	Reading list.
5	Knowledge Spillovers, Pt. 2: Scientific mobility and networks	Reading list.
6	Knowledge Spillovers, Pt. 3: FDI and the geography of invention	Reading list.
7	The diffusion of technology	Reading list.
8	Midterm
9	Patent statistics as the data of invention	Reading list.
10	Endogenous growth models, Pt.1	Reading list.
11	Endogenous growth models, Pt.2	Reading list.
12	Innovation and competition	Reading list.
13	Schumpeterian hypothesis and some related themes	Reading list.
14	Additional topic (Optional and Time Permitting)	Reading list.
15	Additional topic (Optional and Time Permitting)	Reading list.
16	Additional topic (Optional and Time Permitting)	Reading list.

Course Notes/Textbooks	Reading list.
Suggested Readings/Materials	(1) Chris Freeman and Luc Soete, The Economics of Industrial Innovation (Third Edition), The MIT Press. (2) Suzanne Scotchmer, Innovation and Incentives, The MIT Press.

EVALUATION SYSTEM

Semester Activities	Number	Weigthing
Participation
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments	4	20
Presentation / Jury	1	15
Project	1	30
Seminar / Workshop
Oral Exam
Midterm
Final Exam	1	35
Total

Weighting of Semester Activities on the Final Grade		65
Weighting of End-of-Semester Activities on the Final Grade		35
Total

ECTS / WORKLOAD TABLE

Semester Activities	Number	Duration (Hours)	Workload
Course Hours (Including exam week: 16 x total hours)	16	3	48
Laboratory / Application Hours (Including exam week: 16 x total hours)	16
Study Hours Out of Class
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments	4	4
Presentation / Jury	1	6
Project	1	20
Seminar / Workshop
Oral Exam
Midterms
Final Exams	1	20
		Total	110

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#	Program Competencies/Outcomes	* Contribution Level
#	Program Competencies/Outcomes	1	2	3	4	5
1	To have a sound knowledge of the quantitative and qualitative methods that will help to examine the premises of different theories for an applied subject so that a contribution to solving current economic problems can be made.					X
2	To have the experience of writing, using software, and doing presentations in the newspapers, magazines, meetings, panels, and in equivalent virtual platforms (internet), in order to share their accumulated knowledge and problem solving ability acquired during their education.				X
3	To be able to participate in academic, professional, regional, and global networks and to utilize these networks efficiently.		X
4	To have adequate social responsibility and awareness with regards to the needs of the society and to have sufficient experience and qualifications to organize and support the activities to influence the social dynamics in line with the social goals.			X
5	To be able to integrate the knowledge and training acquired during the university education with personal and work experience and produce a synthesis of knowledge she requires.
6	To have the ability to evaluate his/her advance (post graduate) level educational needs and do necessary planning to fulfill those needs through the acquired capability to think analytically and critically.					X
7	To have sufficient practical and theoretical knowledge base in order to define the economic agents and their interaction both in the national and global level, to process economic data and to implement scientific research for development of economic policies.			X
8	Keeping in mind that economics is a social science, to have the skills to integrate social dynamics into economic process both as an input and an output and to be open to theoretical innovations in this direction.
9	To associate accumulated knowledge acquired during the university education with historical and cultural qualities of the society and to convey it to different groups.
10	To be able to follow knowledge and change in economics and communicate with colleagues in a foreign language.		X
11	To possess social, scientific and ethical values at the data collection, interpretation and dissemination stages of economic analysis.
12	To have advanced level of speaking and writing skills of a second foreign language to support continuation of post graduate professional and individual development

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest