Undergraduate Program in Turkish Medium (2014-2015) Course List

Compulsory Departmental Courses

Elective Courses

Elective Courses Taken From Other Departments

Service Courses Taken From Other Departments



Compulsory Departmental Courses

ECON 206T - Research Methods
1. Science and Research 2. Dimensions of Research 3. Theory and Research 4. The Meanings of Methodology 5. Literatur Review and Ethical Issues 6. Qualitative and Quantitative Research Designs 7. Qualitative and Quantitative Measurement 8. Qualitative and Quantitative Sampling 9. Qualitative Data Analysis 10. Quantitative Data Analysis

ECON 315T (IKT 125) - Economic History
Main dynamics which led to the Industrial Revolution

IKT 101 - Introduction to Economics I
Focuses on development of basic theory of demand, supply, and market price. Explores applications to selected microeconomic problems, such as basic monopoly and competition, and other issues that relate to the role of the pricing system in resource allocation and income distribution.

IKT 102 - Introduction to Economics II

IKT 207 - Macroeconomic Theory I
Traditional Schools of Thought; National Income Accounting; Aggregate Income and Spending Model; IS-LM Model (Closed Economy & Open Economy versions); Monetary and Fiscal Policy in the IS-LM Model; AD-AS Model; Monetary and Fiscal Policy in the Short&Long-run; Phillips Curve and Okun’s Law; Wages, Prices, Output and Unemployment; Derivation of AS Curve and Alternative Views.

IKT 208 - Macroeconomic Theory II
An Overview of Traditional & Modern Schools of Thought; Alternative Views on Inflation, Output and Unemployment; Key Issues in Policymaking; Economic Growth and Policy Implications; Theories of Consumption, Saving and Investment; The Demand for Money & the Supply of Money; Central Bank and Monetary Policy; Fiscal Policy, Budget Constraint & Related Topics; Selected Topics.

IKT 209 - Microeconomic Theory I
The course is carried out along the following topics: Utility Theory, Consumer Optimization, Individual Demand Functions and Related Topics, Market Demand Curves, Demand-Related Elasticities, Production in the Short Run, Production in the Long Run, Long-Run Optimization for the Firm, Costs of Production in the Long Run, Costs of Production in the Short Run, Perfect Competition in the Short Run, Perfect Competition in the Long Run.

IKT 210 - Microeconomic Theory II
Monopoly, Additional Topics Related to Monopoly, Oligopoly, Application of Game Theory to Oligopolistic Firm Behavior, Monopolistic competition, Demand for Labor, Supply of Labor, Capital Markets, General Equilibrium Analysis in an Exchange Economy, General Equilibrium Analysis in an Economy with Production and Exchange

IKT 213 - Mathematical Economics
The Mathematical Framework of Economic Analysis; Equilibrium (static) Analysis; Comparative Static Analysis; Univariate Functions & Optimization; Multivariate Functions & Optimization; Exponential & Logarithmic Functions in Economics; Integral Calculus; Introduction to Dynamic Analysis.

IKT 301 - Econometrics I
Presents in introduction to the methods of econometric analysis and forecasting. Covers the basic assumption, estimation and tests of hypothesis, the coefficient of determination, prediction, functional forms and the problem of choosing between them in the simple regression model and estimation, hypothesis testing and prediction, functional forms and specification error analysis, multicollinearity in the multiple regression model.

IKT 302 - Econometrics II
Review of Regression and Hypothesis Testing; Dummy Variable Regression Models; Multicollinearity; Heteroskedasticity; Autocorrelation; Model Misspecification; Model Selection Criteria; Outlier Analysis

IKT 303 - Monetary Theory and Policy
Survey of Development and Use of Money and Credit, Analysis of the Demand and Supply of Money, Monetary Theory and Policy Tools and Their Use for Economic Stabilization, Current Issues in Monetary Theory and Policy, Special Applications to Turkey.

IKT 309 - Markets and Economic Indicators

IKT 313 - International Economics I
The course covers the following topics: Labor Productivity and Comparative Advantage: The Ricardian Model, Resources, Comparative Advantage and Income Distribution, The Standard Trade Model, Economies of Scale, Imperfect Competition, and International Trade, International Factor Movements, The Instruments of Trade Policy, The Political Economy of Trade Policy, Trade Policy in Developing Countries, Controversies in Trade Policy.

IKT 314 - International Economics II
The Balance of Payments; The Foreign Exchange Market; Money, Interest Rate, and Exchange Rate in the Short & Long Run; Open Economy IS-LM Model & Extensions; Output and the Exchange Rate in Short Run & Long Run: DD-AA model; Foreign Exchange Intervention and Fixed Exchange Rates; The Choice of Exchange Rate Regime; Macroeconomic Policymaking in Open Economies; Selected Topics.

IKT 316 - History of Economic Thought
Discussions on the social theories and social-historical processes focusing on the interconnections between them. Social and economic change in time. Practical, social, political and moral issues relating to a continuously changing world.

IKT 324 - Public Finance and Fiscal Policy
The need, and the rational for a public sector, the place designed for the public sector in national income account; different aspects of public budget; allocation, distribution, and stabilization-growth-development functions; public provision for social goods; types of goods, their particularities, and modes of production/delivery; externalities- positive and negative externalities- and the remedies for externalities; market as well as government failure; efficient provision of social goods and the optimal resource allocation; modalities and rationality in government decision making process; public expenditures and social cost-benefit analysis; principles of taxation, tax structure, taxation and economic efficiency, impacts of taxation and transfers on income distribution; public debt, sustainability of public finance, Growth and Stability Pact in the Euro zone.

IKT 401 - Turkish Economy I
This course is focused on economic policies, and its impact on economic and financial structures as from the declaration of the Republic to the late 1970s marked by the emergence of the foreign debt crisis and the intensive economic recession. Within this context the impact of the model(s) of capital accumulation in designing the economic policy is considered as the main axis of the course. Nevertheless the economic implications of the Treaty of Lausanne (on new Turkish Republic) is introduced as the preliminary chapter

IKT 407 - Seminar in Economics
The seminar begins with a survey of the origins and development of global capitalism and the capitalist state through its various stages. In the second section students will examine the concept and the characteristics of the neo-liberal globalization. The third section explores the causes and the nature of the financial crisis in the context of globalization and its impact on economic and social grounds.

IKT 412 - Development Economics
The course focuses on both theoretical and empirical studies in development economics.

IKT 422 - International Political Economy
Week 1-2 Introduction and Overview of the Course Week 3-4 Mercantilism/Economic Nationalism and the Liberal IPE Perspective and Globalization Week 5-6 Classical Imperialism Theories in Retrospective: Hobson, Hilferding, Luxemburg, Bukharin, Kautsky and Lenin Week 7-8 Critical Political Economy I – From Rational Choice to Postmodernism in IPE Critical Political Economy II - Italian School and Amsterdam IPE Project Week 9 MIDTERM Week 10-11 Structure of IPE (I): International Production and Trade Week 12 Structure of IPE (II) – The IPE of International Monetary and Financial Structure Week 13-14 Question of Global Governance: A view from the “Contenders” Week 15 Concluding Assessments and General Discussion

LAW 111 - Introduction To Law
This is an introductory course in which basic concepts of law and preliminary matters are studied. Following the general legal concepts and institutions of law and overview of the Turkish Legal System; interaction of law and economics; interrelated areas such as economic and social rights recognised in international legal documents; basic concepts of competition law are also covered.

Elective Courses

- Technical Elective

ECON 419T - Globalization and Regionalization
Practical , social, political and moral issues relating to a continuously changing world

IKT 405 - Agricultural Economics
The basic concepts like production, productivity, crop season, inputs and production functions are included. The relation between these concepts with agricultural production and agricultural policies are analized by using basic econometric tools. The effects of World Trade Organization, IMF and World Bank on Turkish agriculture are analyzed.

IKT 409 - Economics of Growth
Economic growth course encompasses the sources of economic growth, its limits and obstacles to growth. Harrod Domar, Neoclassical and Endogeneous growth theories are introduced as as traditional and modern theories of growth.

IKT 414 - Labor Market Economics

IKT 424 - Game Theory
The course is carried out along the following topics: Elements of a game, Sequential moves, simultaneous moves, combining simultaneous and sequential moves, mixed strategies

IKT 426 - Financial Economics
This course will focus on the functions and structure of the financial system, the role and function of financial instruments, the elementary valuation of financial instruments, primarily stocks, bonds, futures, and options, the role of risk and how markets manage and control risk, issues in corporate finance and capital budgeting, issues in international finance and the interaction between the real economy and the financial markets: macroeconomic activity and financial markets; monetary policy and financial markets; banking sector and the financial markets.

IKT 427 - Institutional Economics

IKT 429 - Practical Training in Economics I
This class provides hands on teaching/leading experience to students. Via holding recitation sessions, they lead their subordinates in solving problems. Throughout the course they prepare three reports on the advancement of the class and the types of problems they face during the recitation hours.

IKT 430 - Practical Training in Economics II
This class provides hands on teaching/leading experience to students. Via holding recitation sessions, they lead their subordinates in solving problems. Throughout the course they prepare three reports on the advancement of the class and the types of problems they face during the recitation hours.

IKT 440 - Economics of Competition
The course focuses on firm behavior in imperfectly competitive markets and how governments regulate competition and market power.

IKT 441 - Innovation and Ethics
ethics and moral reasoning 2.major traditional theories and concepts in ethics and human behavior. 3.ethical codes 4.Business life applications 5.responsibilities to society 6.internal and external factors affect business life moral reasoning 7. entrepreneurship 8.conceps related moral reasoning in business life.

IKT 442 - Economics of Innovation
The role of science, technology and innovation as they relate to economics are introduced first at the macro then at the micro level. The diffusion and absorption of innovation are discussed. Issues concerning the measurement of innovation are covered. The national, regional systems of innovation and clusters are reviewed. Finally, the relationship between R&D support mechanisms and economic performance in Turkey is presented.

IKT 443 - Entrepreneurship
This course covers topics such as the nature and importance of entrepreneurship, history of entrepreneurship, the entrepreneurial and intrapreneurial mind, creativity, innovation and the business idea, marketing and financial planning, franchising, entrepreneurial strategy and strategic management in operations, and presentation to business angels.

IKT 444 - Science and Technology Policies

Elective Courses Taken From Other Departments

MATH106 - Calculus for Management and Economics Students
Limits and Continuity, Derivative, Applications of Derivative, Integration, Applications of Integral, Functions of Several Variables, Partial Derivatives, Extrema of Functions of Several Variables.

Service Courses Taken From Other Departments

CMPE105 - Introduction to Computers and Information Systems
Fundamentals of information systems, system and application software; input, processing, storage, output and communication; exploring the windows environment; learning management systems; internet applications; use of applications software: word processing, spreadsheets and creating presentations, integrating and sharing information between applica

ENG-T 101 - Basic English I
This course aims to improve students’ vocabulary, structure and communicative skills in order to help them to communicate at elementary level. The class activities are grouped around various themes such as abilities, dates, health problems, free time activities, biographies, and phone conversations. Various cultural elements are also involved in order to make students be aware of different cultures.

ENG-T 102 - Basic English II
This course includes more activities aiming to improve vocabulary, structure and communicative skills in order to help students to communicate at elementary level. These activities are grouped on various themes such as abilities, dates, health problems, free time activities, biographies, and phone conversations. Various cultural elements are also involved in order to make students be aware of different cultures.

ENG221 - Basic English III
This course includes activities aiming at improving vocabulary, structure and communicative skills in order to help students to communicate at pre-intermediate level. These activities include more themes such as abilities, dates, health problems, free time activities, biographies, and phone conversations. Various cultural elements are also included in order to make students be aware of different cultures.

ENG222 - Basic English IV
This course includes activities aiming at improving vocabulary, structure and communicative skills in order to help students to communicate at pre-intermediate level. These activities include more themes such as abilities, dates, health problems, free time activities, biographies, and phone conversations. Various cultural elements are also included in order to make students be aware of different cultures.

HIST 204T - History of Civilization
Culture, Civilization, Prehistoric Periods, Historical Eras, social, Historical political structures, law, governments, religious, philosophical, political thoughts, cultural contributions & achievements.

HIST101 - Principles of Atatürk and History of Turkish Revolution I
The decline of the Ottoman Empire and the developments leading to the Turkish Revolution.

HIST102 - Principles of Atatürk and History of Turkish Revolution II
Foundation of the Turkish Republic and principles of Mustafa Kemal Atatürk

MATH105 - Introduction to Calculus
Basic algebra, Graphs, Functions and Their Graphs, Equations and Inequalities, Polynomials and Rational Functions, Exponential and Logarithmic Functions, System of Equations, Matrices, Determinants.

MGMT 203T - Principles of Accounting I
This course contains accounting concept, generally accepted accounting principles, accounting equation, accounting transaction, the accounts and recording process, balance sheet and income statement, all of the asset, equity, revenue and expense accounts transactions.

MGMT 204T - Principles of Accounting II
Determination of quantity and value of all the assets and liabilities, month/year end transactions, trial balance, incorrect entries, detailed financial statements.

SOC101 - Introduction to Sociology
Situating sociology in social science and in our life, basic nature and scope of sociology; sociological explanations: Theories, Social Change, Method in Sociological Inquiry;Socialization and social interaction; Social Structure and Social institutions; Groups; Family;Political, religious and educational institutions;Social Stratification and Social Class; Inequality; poverty;Social identity: Race and Ethnicity and Gender;Social control

STAT201T - Introduction to Probability and Statistics-I
Basic Definitions, Tables and Graphs, Central Tendency Measures, Central Dispersion Measures, Probability Concept, Conditional Probability, Bayesian Approach, Random Variables, Expected Value, Binomial and Normal Distributions.

STAT202T - Introduction to Probability and Statistics-II
Sampling and Sampling Distributions, Central Limit Theorem, Point Estimation, Confidence Interval, Hypothesis Testing, Regression and Correlation, Variance Analysis

TURK 101 - Turkish Language I
Historical development, structure, and usage of Turkish language, Practice on texts.

TURK 102 - Turkish Language II
Historical development, structure, and usage of Turkish language, Practice on texts