- Main Page
- Information on the Institution
- General Description of the Institution
- Address of İzmir University of Economics
- Academic Authorities
- Academic Calendar
- Recognition of Prior Learning
- Recognition of Study Abroad
- List of Programs Offered
- General Admission Requirements
- General Registration Procedures
- ECTS Credit Allocation
- Grading
- Arrangements for Academic Guidance
- Internationalization
- Institutional ECTS Coordinator
- Departmental Erasmus Coordinators
- Degree Programs
- Economics
- Qualification Awarded
- Level of Qualification
- Specific Admission Requirements
- Qualification Requirements and Regulations
- Recognition of Prior Learning
- Profile of the Program
- Program Outcomes
- Course & Program Outcomes Matrix
- Occupational Profiles of Graduates
- Access to Further Studies
- Program Structure
- Course Structure Diagram with Credits
- Exam Regulations & Assessment & Grading
- Graduation Requirements
- Mode of Study
- Program Director (or Equivalent)
- Evaluation Questionnaires
- Courses
- General Information For Students
- About İzmir
- Cost of Living
- Accommodation
- Meals
- Medical Facilities
- Facilities for Special Needs Students
- Career Guidance Center
- Insurance
- Financial Support for Students
- Registrar's Office
- Learning Facilities
- International Programs
- Practical Information for Exchange Students
- Language Courses
- Internships
- Sports and Leisure Facilities
- Student Associations
- Useful Phone Numbers
- Diploma Supplement
- Erasmus Policy Statement
- National Qualifications
- Bologna Commission
11111
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 | None | |||||
| 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;
|
| Course Description |
|
| Core Courses | |
| Major Area Courses | X | |
| Supportive Courses | ||
| Media and Managment Skills Courses | ||
| Transferable Skill Courses |
WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES
| Week | Subjects | Required Materials |
| 1 | Revision | Main reading: Chapters 1 and 2 of Barro and SalaiMartin (2003). / Additional Reading: Solow, R.M. (1956), “A Contribution to the Theory of Economic Growth”, Quarterly Journal of Economics 70, 6594. / Cass, D. (1965), “Optimum Growth in an Aggregative Model of Capital Accumulation,” Review of Economic Studies 32, 233240. / Ramsey, F.P. (1928), “A Mathematical Theory of Saving,” Economic Journal 38, 543559. |
| 2 | Revision | Main reading: Chapters 1 and 2 of Barro and SalaiMartin (2003). / Additional Reading: Solow, R.M. (1956), “A Contribution to the Theory of Economic Growth”, Quarterly Journal of Economics 70, 6594. / Cass, D. (1965), “Optimum Growth in an Aggregative Model of Capital Accumulation,” Review of Economic Studies 32, 233240. / Ramsey, F.P. (1928), “A Mathematical Theory of Saving,” Economic Journal 38, 543559. |
| 3 | Endogenous Growth I: Humancapital Models | Main reading: Lucas, R.E., Jr. (1988), “On the Mechanics of Economic Development,” Journal of Monetary Economics 22, 342. / Additional Reading: Chapter 5 of Barro and SalaiMartin (2003) / Mankiw, N. G., Romer, D. and Weil, D. N. (1992), “A Contribution to the Empirics of Economic Growth”, Quarterly Journal of Economics, 407437. / Barro, Robert J. (2001), “Human Capital and Growth”, American Economic Review, May, 91(2), 1217. |
| 4 | Endogenous Growth I: Humancapital Models | Main reading: Lucas, R.E., Jr. (1988), “On the Mechanics of Economic Development,” Journal of Monetary Economics 22, 342. / Additional Reading: Chapter 5 of Barro and SalaiMartin (2003) / Mankiw, N. G., Romer, D. and Weil, D. N. (1992), “A Contribution to the Empirics of Economic Growth”, Quarterly Journal of Economics, 407437. / Barro, Robert J. (2001), “Human Capital and Growth”, American Economic Review, May, 91(2), 1217. |
| 5 | Endogenous Growth II: Government / Public Capital Models | Main reading: Barro, Robert (1990), “Government spending in a simple model of endogenous growth”, Journal of Political Economy, 98(5), S103117. / Glomm G. and Ravikumar B. (1994), “Public investment in infrastructure in a simple growth model”, Journal of Economic Dynamics and Control, 18, 117387. / Additional Reading: Chapter 4 of Barro and SalaiMartin (2003) / Jones, L., Manuelli, R. and Rossi P. (1993). Optimal taxation in models of endogenous growth. Journal of Political Economy, 101(3), 485519. |
| 6 | Endogenous Growth II: Government / Public Capital Models | Main reading: Barro, Robert (1990), “Government spending in a simple model of endogenous growth”, Journal of Political Economy, 98(5), S103117. / Glomm G. and Ravikumar B. (1994), “Public investment in infrastructure in a simple growth model”, Journal of Economic Dynamics and Control, 18, 117387. / Additional Reading: Chapter 4 of Barro and SalaiMartin (2003) / Jones, L., Manuelli, R. and Rossi P. (1993). Optimal taxation in models of endogenous growth. Journal of Political Economy, 101(3), 485519. |
| 7 | Endogenous Growth III: Endogenous Technological Change Models | Main reading: Romer, P.M. (1990), “Endogenous Technological Change,” Journal of Political Economy 98, 71102. / Additional Reading: Chapter 6 of Barro and SalaiMartin (2003) / Rebelo, S. (1991), “LongRun Policy Analysis and Growth,” Journal of Political Economy 99, 500521. |
| 8 | Endogenous Growth III: Endogenous Technological Change Models | Main reading: Romer, P.M. (1990), “Endogenous Technological Change,” Journal of Political Economy 98, 71102. / Additional Reading: Chapter 6 of Barro and SalaiMartin (2003) / Rebelo, S. (1991), “LongRun Policy Analysis and Growth,” Journal of Political Economy 99, 500521. |
| 9 | Review session | |
| 10 | Midterm | |
| 11 | Endogenous Growth IV: Schumpeterian (QualityLadder) Models | Main reading: Aghion, P., and P. Howitt (1992), “A Model of Growth Through Creative Destruction,” Econometrica60, 323351. / Additional Reading: Chapter 7 of Barro and SalaiMartin (2003) |
| 12 | Endogenous Growth IV: Schumpeterian (QualityLadder) Models | Main reading: Aghion, P., and P. Howitt (1992), “A Model of Growth Through Creative Destruction,” Econometrica60, 323351. / Additional Reading: Chapter 7 of Barro and SalaiMartin (2003) |
| 13 | Nonrenewable Resource Dependent Growth | Main reading: Dasgupta, P. and G.M. Heal (1974), “The Optimal Depletion of Exhaustible Resources", Review of Economic Studies, Symposium on the Economics of Exhaustible Resources: 328. / Additional Reading: Stiglitz, J. (1974), “Growth with Exhaustible Natural Resources: Efficient and Optimal Growth Paths”, Review of Economic Studies, Symposium on the Economics of Exhaustible Resources: 123137 |
| 14 | Nonrenewable Resource Dependent Growth | Main reading: Dasgupta, P. and G.M. Heal (1974), “The Optimal Depletion of Exhaustible Resources", Review of Economic Studies, Symposium on the Economics of Exhaustible Resources: 328. / Additional Reading: Stiglitz, J. (1974), “Growth with Exhaustible Natural Resources: Efficient and Optimal Growth Paths”, Review of Economic Studies, Symposium on the Economics of Exhaustible Resources: 123137 |
| 15 | Review session | |
| 16 | Review of the Semester |
| Course Notes/Textbooks | There is no official textbook of this course. However, I strongly advise you to get a copy of Barro, R.J., and X. SalaiMartin, Economic Growth, The MIT Press; 2nd edition (October 1, 2003). In addition to this, my course material will also be distributed. |
| Suggested Readings/Materials | Solow, R.M. (1956), “A Contribution to the Theory of Economic Growth”, Quarterly Journal of Economics 70, 6594.Cass, D. (1965), “Optimum Growth in an Aggregative Model of Capital Accumulation,” Review of Economic Studies 32, 233240.Ramsey, F.P. (1928), “A Mathematical Theory of Saving,” Economic Journal 38, 543559.Lucas, R.E., Jr. (1988), “On the Mechanics of Economic Development,” Journal of Monetary Economics 22, 342.Mankiw, N. G., Romer, D. and Weil, D. N. (1992), “A Contribution to the Empirics of Economic Growth”, Quarterly Journal of Economics, 407437.Barro, Robert J. (2001), “Human Capital and Growth”, American Economic Review, May, 91(2), 1217.Barro, Robert (1990), “Government spending in a simple model of endogenous growth”, Journal of Political Economy, 98(5), S103117.Glomm G. and Ravikumar B. (1994), “Public investment in infrastructure in a simple growth model”, Journal of Economic Dynamics and Control, 18, 117387. Jones, L., Manuelli, R. and Rossi P. (1993). Optimal taxation in models of endogenous growth. Journal of Political Economy, 101(3), 485519. Romer, P.M. (1990), “Endogenous Technological Change,” Journal of Political Economy 98, 71102.Rebelo, S. (1991), “LongRun Policy Analysis and Growth,” Journal of Political Economy 99, 500521.Aghion, P., and P. Howitt (1992), “A Model of Growth Through Creative Destruction,” Econometrica60, 323351.Dasgupta, P. and G.M. Heal (1974), “The Optimal Depletion of Exhaustible Resources", Review of Economic Studies, Symposium on the Economics of Exhaustible Resources: 328.Stiglitz, J. (1974), “Growth with Exhaustible Natural Resources: Efficient and Optimal Growth Paths”, Review of Economic Studies, Symposium on the Economics of Exhaustible Resources: 123137 |
EVALUATION SYSTEM
| Semester Activities | Number | Weigthing |
| Participation | 16 | 10 |
| Laboratory / Application | ||
| Field Work | ||
| Quizzes / Studio Critiques | ||
| Portfolio | ||
| Homework / Assignments | 1 | 10 |
| Presentation / Jury | ||
| Project | ||
| Seminar / Workshop | ||
| Oral Exam | ||
| Midterm | 1 | 40 |
| Final Exam | 1 | 40 |
| Total |
| Weighting of Semester Activities on the Final Grade | 60 | |
| Weighting of End-of-Semester Activities on the Final Grade | 40 | |
| 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 | 16 | 3 | |
| Field Work | |||
| Quizzes / Studio Critiques | |||
| Portfolio | |||
| Homework / Assignments | 1 | 14 | |
| Presentation / Jury | |||
| Project | |||
| Seminar / Workshop | |||
| Oral Exam | |||
| Midterms | 1 | 25 | |
| Final Exams | 1 | 30 | |
| Total | 165 |
COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP
| # | Program Competencies/Outcomes | * Contribution Level | ||||
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. | |||||
| 3 | To be able to participate in academic, professional, regional, and global networks and to utilize these networks efficiently. | |||||
| 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. | |||||
| 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. | X | ||||
| 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