COURSE UNIT TITLE

: SCHOOLS OF HETERODOX ECONOMICS

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
IKT 5136 SCHOOLS OF HETERODOX ECONOMICS ELECTIVE 3 0 0 5

Offered By

Economics

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR ISMAIL MAZGIT

Offered to

Economics

Course Objective

The aim of this course,
- To give the theoretical basis for use in the work to be carried out in the field of political economy
- To recognize heterodox theories and approaches which outside the mainstream of economics science in both the micro and macro perspective (heterodox title, methodologically but not heterodox precisely, may be discussed a broad sense to include some of the approaches ,which out of the mainstream, in terms of achieved results)
- To learn, assessment, critically analyze and use the outside the mainstream approach, theories and schools the basic saas, the conceptual roof and differences.

Learning Outcomes of the Course Unit

1   To be able to understand and evaluate outside the mainstream of political economy approaches, the main argument and theories.
2   To be able to reveal clearly the differences between theories and arguments.
3   To be able to understand academic literature of Heterodox to a critical perspective.
4   To be able to analyze arguments in the basic texts, to use the basic concepts
5   To be able to express their views about the tradition of classical political economy based on their enhancements.
6   To be able to make a seminar presentation sufficiently in a matter that within the scope of course; to write an essay which is consistent and coherent and also suitable the rules of academic writing and references
7   To be able to determine new research topics and current debates in this field
8   To be able to communicate ethical and cognitive participating in classroom discussions, to make evidence-based argumentation, to defend ideas effectively
9   To be able to create and solve problem is based on the theoretical foundations in the face of empirical events

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Why 'heterodox' economics Or Why not the 'orthodox' economics The basic arguments.
2 Introduction to political micro economics: Rational behavior, preferences, social classes, public goods.
3 Visible Hand: How does markets work
4 Companies and price formation
5 Externalities, market failures, the state and the income redistribution
6 Labor markets: trade unions, wage determination
7 Behavioral and experimenter economics
8 Post-Keynesian appeal: to read "General Theory" again
9 Post-Keynesian appeal: to read "General Theory" again
10 The contribution of institutional and evolutionary economics
11 Sraffa: Neo-Ricardian contribution
12 The regulation school's contribution: Accumulation regime and editing modes
13 Feminist perspective: gender economics
14 Introduction to post-Marxist approaches

Recomended or Required Reading

Main References:
(1) North, Douglass C. (2002) Kurumlar, Kurumsal Değişim ve Ekonomik Performans, çev. G.Ç. Güven, Istanbul: Sabancı Üniversitesi.
(2) Rod Hill and Tony Myatt (2010), The Economics Anti-textbook: A critical thinker s guide to microeconomics , Zed Books.
(3) Jesper Jespersen (2009), Macroeconomic Methodology: A Post-Keynesian Perspective, Edward Elgar.
(4) Boyer, Robert ve Saillard, Yves (2001), Regulation Theory: The State of the Art, Routledge.
(5) Bowles, Samuel (2004), Microeconomics, Princeton.
Supplementary Reference:
6) Andrew M. Kamarck (2002), Economics as a Social Science An Approach to Nonautistic Theory, University of Michigan Press.
(7) Cin, M. F. (2012), Post-Keynesyen Iktisat, Efil Yay., Ankara.
(8) Harcourt, G.C. (2006), The Structure of Post-Keynesian Economics: The Core Contributions of the Pioneers. Cambridge and New York: Cambridge University Press.

Planned Learning Activities and Teaching Methods

In the course basic mathematical and micro sub-structure will be established in 14-week course since mid-term exam. After the mid-term exam the first half of each course will be devoted to the faculty members lectures. The second half, will be devoted to computerized application. Each student should come prepared to class every week; a subject to be determined by student, for Turkey's economy, build a model that can be a simple but provides all of the technical requirements, solves, calibrated to make the policy simulations and this work are expected to offer department seminar at the end of the period.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 STT TERM WORK (SEMESTER)
3 FIN FINAL EXAM
4 FCG FINAL COURSE GRADE MTE * 0.30 + STT * 0.30 + FIN* 0.40
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.30 + STT * 0.30 + RST* 0.40


*** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

To be announced.

Language of Instruction

Turkish

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 13 3 39
Preparations before/after weekly lectures 13 2 26
Preparation for midterm exam 1 20 20
Preparation for final exam 1 20 20
Preparing assignments 1 20 20
Midterm 1 3 3
Final 1 3 3
TOTAL WORKLOAD (hours) 131

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9
LO.1435
LO.2454
LO.335
LO.423443
LO.5444
LO.6335
LO.72433
LO.852
LO.9545