Political Economy and Institutions(ECON442)
| Course Code | Course Name | Semester | Theory | Practice | Lab | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| ECON442 | Political Economy and Institutions | 7 | 3 | 0 | 0 | 3 | 6 |
| Prerequisites | |
| Admission Requirements |
| Language of Instruction | |
| Course Type | Elective |
| Course Level | Bachelor Degree |
| Course Instructor(s) | Sezgin POLAT sezginpolat@gmail.com (Email) |
| Assistant | |
| Objective | The objective of the course is to enhance learning by using articles that apply economic theory to social and political realms, and by comprehending various approaches to institutional economics through quantitative techniques. |
| Content | The course primarily comprises weekly readings, which will be explored through conceptual and methodological discussions after student presentations, emphasizing comparative analysis |
| Course Learning Outcomes | |
| Teaching and Learning Methods | |
| References |
Acemoglu, Daron, and James A. Robinson. Economic origins of dictatorship and democracy. Cambridge University Press, 2005. Acemoglu, Daron, Simon Johnson, and James A. Robinson. "Institutions as a fundamental cause of long-run growth." Handbook of economic growth 1 (2005): 385-472. North, Douglass C., John J. Wallis, and Barry R. Weingast. "Violence and social order." Cambridge (Mass.) (2009). North, Douglass C. "Institutions, transaction costs and economic growth." Economic Inquiry 25.3 (1987): 419-428. Greif, Avner. Institutions and the path to the modern economy: Lessons from medieval trade. Cambridge University Press, 2006. |
Theory Topics
| Week | Weekly Contents |
|---|---|
| 1 | Concept of Institution and social conflict |
| 2 | Economic origins of democracy 1 |
| 3 | Economic origins of democracy 2 |
| 4 | Factor endowment hypothesis |
| 5 | Economic laws and institutions |
| 6 | Cultural beliefs and the organization of society 1 |
| 7 | Cultural beliefs and the organization of society 2 |
| 8 | Economic incentives and natural resources |
| 9 | Middle East and institutional heritage |
| 10 | Trust and growth |
| 11 | Social structures |
| 12 | Social capital |
| 13 | Ideas and instutions |
| 14 | Economic effects of constitutions |
Practice Topics
| Week | Weekly Contents |
|---|---|
| 1 | |
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| 3 | |
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| 13 | |
| 14 |
Contribution to Overall Grade
| Number | Contribution | |
|---|---|---|
| Contribution of in-term studies to overall grade | 3 | 60 |
| Contribution of final exam to overall grade | 1 | 40 |
| Toplam | 4 | 100 |
In-Term Studies
| Number | Contribution | |
|---|---|---|
| Assignments | 2 | 40 |
| Presentation | 1 | 20 |
| Midterm Examinations (including preparation) | 0 | 0 |
| Project | 0 | 0 |
| Laboratory | 0 | 0 |
| Other Applications | 0 | 0 |
| Quiz | 0 | 0 |
| Term Paper/ Project | 0 | 0 |
| Portfolio Study | 0 | 0 |
| Reports | 0 | 0 |
| Learning Diary | 0 | 0 |
| Thesis/ Project | 0 | 0 |
| Seminar | 0 | 0 |
| Other | 0 | 0 |
| Toplam | 3 | 60 |
| No | Program Learning Outcomes | Contribution | ||||
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | ||
| 1 | Demonstrate a basic knowledge of different economic theories and main discussions driving current theoretical approaches | |||||
| 2 | Demonstrate ability to use basic qualitative and quantitative methods to asses different economic questions of applied fields | |||||
| 3 | Show a sound understanding of current economic discussions and problems | X | ||||
| 4 | Have an effective and clear communication in written and oral formats in different public and professional contexts. | |||||
| 5 | Demonstrate basic knowledge of the world economic history and a sound knowledge of the Turkish economic history | |||||
| 7 | Demonstrate knowledge of standard quantitative techniques and empirical models used in economics | |||||
| 8 | Show ability to apply basic economic theory to an applied topic | |||||
| 9 | Show a basic understanding of analytical methods, both theory- and model-based | |||||
| 10 | Show ability to use economic concepts to discuss current economic issues | X | ||||
| 11 | Reason logically and work analytically | |||||
| 12 | Show awareness on social aspects of the economics in different applied and theoretical fields | X | ||||
| 13 | Identify appropriate economic models to analyse problems | |||||
| 16 | Show understanding of basic statistical and econometric concepts and ability to apply basic concepts to own empirical work | |||||
| 17 | Demonstrate a sound knowledge of the current economic issues in Turkey and a general knowledge of the issues in the world economy | X | ||||
| Activities | Number | Period | Total Workload |
|---|---|---|---|
| Class Hours | 14 | 3 | 42 |
| Working Hours out of Class | 14 | 3 | 42 |
| Assignments | 2 | 6 | 12 |
| Presentation | 1 | 6 | 6 |
| Total Workload | 102 | ||
| Total Workload / 25 | 4.08 | ||
| Credits ECTS | 4 | ||