| Academic Unit: |
Economics |
| Mode of Delivery: |
Face to face |
| Prerequisites: |
No |
| Language of Instruction: |
English |
| Level of Course Unit: |
Undergraduate |
| Course Coordinator: |
- - |
| Course Objectives: |
This course aims at introducing the students to contemporary debates in the
global economy. The major approach is to trace out the dynamics of 21st
century capitalism with implications on both the developing and the
developed, industrialized economies. This era is preceded by the so-called
neoliberal globalization, which has become a key feature of the world
economy over the last three decades. |
| Course Contents: |
In this course we are going to deal with Macroeconomics of Development.
The approach will focus on the determinants of the current dynamics of
global capitalism, and attempt to investigate its economic and historical
conditions. The course mainly focuses on issues of Macroeconomics of
Development, International Economics, Environmental Economics, Income
Inequality and Distribution, Markets, Strategic Behavior, and Political
Economy.
The course will aim to help students,
(1) to take the step from reading economic analyses presented in a textbooktype format, style, and level up to reading the professional economics
literature,
(2) to develop skills to understand, analyze, and discuss the ongoing debates
of the professional economics literature, both theoretical and empirical, and
(3) to provide practice linking economic data to the contemporary economic
debates the profession is engaged in. |
| Learning Outcomes of the Course Unit (LO): |
- 1- Dynamics of global capital in the 21st Century
- 2- Actors of the global economy, the transnationals, international financial institutions, wage labor, global capital, and the states
- 3- Macroeconomic aggregates: Concepts and measurement and analytical reviews
- 4- Market failures and public policy
- 5- Preparing and presenting short and effective reports on contemporary economic issues with data-driven analyses of contesting views
|
| Planned Learning Activities and Teaching Methods: |
Face to face |
| Week | Subjects | Related Preperation |
| 1 |
Overview of 21st Century Global Economy |
“Patterns of Growth in Dual Economies: Challenges of Development in the 21st Century”, Chapter 2 in Acar, Sevil, Ebru Voyvoda and A. Erinç Yeldan (2018) Macroeconomics of Climate Change in a Dualistic Economy: A Regional Computable General Equilibrium Analysis, Elsevier |
| 2 |
Neoliberal Globalization and Its Aftermath |
Yeldan, Erinç “History of Economic Growth and Economic Growth Throughout History” Chapters 1 and 2 in Economics of Growth and Distribution, |
| 3 |
Neoliberal Globalization and Macroeconomics of Development |
Dumenil & Lévy (2006) “Neoliberal Dynamics: A New Phase?” in van der Pijl & D. Wigan Global Regulation, managing Crises after the Imperial Turn MacMillan: New York |
| 4 |
Historical Approaches of Globalization |
Arrighi, Giovanni (2002) The Long Twentieth Century, Chp 1: The Three Hegemonies of Historical capitalism, pp.1-85. |
| 5 |
Neoclassical and Radical theories of Globalization |
Petras, James and Henry Veltmeyer (2001) Globalization Unmasked: Imperialism in the 21st Century Zen Books. Chps 1, 2, 3. |
| 6 |
Macroeconomics of Development and Convergence Hypothesis |
Yeldan, Erinç (2009) Chapters 3 & 4, Theories of Growth and Distribution, Efil Yay |
| 7 |
Midterm |
|
| 8 |
Income Inequality and Distribution |
Fiona, Tregenna (2009) “Characterising deindustrialization: An analysis of changes in manufacturing employment and output internationally” Cambridge Journal of Economics 33: 433-466 |
| 9 |
Macroeconomics of Development: The Middle Income Trap |
Eichengreen, B., D. Park and K Shin (2011) “When Fast Growing Economies Slow Down: International Evidence And Implications For China” NBER Working Paper, No 16919. |
| 10 |
Political economy-1: Changing Roles of Nation states |
Adelman, I. And E. Yeldan (2000) “Is This the End of Economic Development?” Structural Change and Economic Dynamics, 11: 95-109. |
| 11 |
Political Economy-2: International Finance Capital |
Akyüz, Yılmaz (2017) “The Financial Crisis and the Global South: Impact and Prospects” South Centre Research Paper May, 2017 |
| 12 |
Climate Crisis and Sustainable development-1 |
Storm, Servas (2009) “Capitalism and Climate Change: Can the Invisible Hand Adjust the Natural Thermostat?” Development and Change, 40(6): 1011–1038 |
| 13 |
Climate Crisis and Sustainable development-2 |
Kallis, Giorgos (2011) “In Defence of Degrowth” Ecological Economics 70(5): 873-880. 9 |
| 14 |
Political Economy of Turkey in the Global Economy Summary assesments |
Özdemir, Y. & E. Özçelik (eds) Political Economy of Development in Turkey 1838 –Present. |
At Kadir Has University, a Semester is 14 weeks; The weeks 15 and 16 are reserved for final exams.
THE RELATIONSHIP BETWEEN COURSE LEARNING OUTCOMES (LO) AND PROGRAM QUALIFICATIONS (PQ)
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PQ9 |
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Contribution: 1 Low, 2 Average, 3 High
