COURSE UNIT TITLE

: ECONOMICS OF GROWTH

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
ECO 4218 ECONOMICS OF GROWTH ELECTIVE 3 0 0 6

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASISTANT PROFESSOR GONCA DARIK

Offered to

Economics

Course Objective

The aim of the course is to introduce students to the fundamentals of the economic growth process. Students are provided with theoretical and empirical analysis of economic growth theories. Subjects such as accumulation of physical and human capital, technological development, natural resources, income distribution, population growth are covered through-out the course.

Learning Outcomes of the Course Unit

1   Demonstrate understanding of basic and more recent economic growth theories so that the learner is able to explain the economic mechanisms behind growth.
2   Define major problems associated with economic growth on both domestic and international scales in order to gain insight into appropriate recipes through growth policy implications.
3   Demonstrate an understanding of some of the analytical tools used to analyze economic growth such that the learner can apply empirical study of growth models to developing and developed countries.
4   Recognize structural and institutional features of developing and developed countries to the extent that they can evaluate key facts relating to growth of nations.
5   Express the role of technology, institutions, government policies and globalization in economic growth process

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 The facts of economic growth
2 Introduction to the Solow growth model
3 Introduction to the Solow growth model
4 The Solow model and the data
5 Neoclassical Growth
6 Neoclassical Growth
7 Overlapping Generations and Dynamic Efficiency
8 Growth Empirics: Convergence
9 Schumpeterian Models: Symmetric Firms
10 Schumpeterian Models: Heterogeneous Firms
11 General Purpose Technologies
12 Beyond Economic Growth

Recomended or Required Reading

To be announced.

Planned Learning Activities and Teaching Methods

1. Lectures
2. Class discussion
3. Reading

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MT Midterm
2 PRT Participation
3 FN Final
4 FCG FINAL COURSE GRADE MT * 0.40 + PRT * 0.10 +FN * 0.50
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MT * 0.40 +PRT * 0.10 + RST * 0.50

Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will grasp the importance of economic growth.
2. The learner will be able to recognize economic mechanisms behind growth.
3. The learner will be able to explain basic and recent models of economic growth.
4. The learner will be able to identify the effects of factors such as technology, institutions, geography, globalization on economic growth.

Language of Instruction

English

Course Policies and Rules

1. Attending at least 70 percent of lectures is mandatory.
2. Plagiarism of any type will result in disciplinary action.

Contact Details for the Lecturer(s)

yaprak.gulcan@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 12 3 36
Preparations before/after weekly lectures 12 4 48
Preparation for midterm exam 1 15 15
Preparation for final exam 1 15 15
Preparing assignments 1 20 20
Midterm 1 2 2
Final 1 2 2
TOTAL WORKLOAD (hours) 138

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14
LO.1455
LO.2554
LO.3455
LO.45455
LO.555