COURSE UNIT TITLE

: ECONOMICS IN LITERATURE AND FINE ARTS

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
ECO 4220 ECONOMICS IN LITERATURE AND FINE ARTS ELECTIVE 3 0 0 6

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR DOCTOR YEŞIM ÜÇDOĞRUK GÜREL

Offered to

Economics

Course Objective

Economic life is driven by creativity, collective rules and emotions, not just by rational calculation. It is a product of imagination and social sentiments. How come then most economic theories study this dynamic process through static equilibrium models and narrow rationalistic assumptions This course is designed for anyone who has an interest in words and in the world. We will visit the great concepts of economics such as value, price, exchange, markets, interest rates, speculation, income distribution, growth and development; but we will let writers, poets, composers and painters, rather than certified economists, be our guides. This course will rely on fiction writers and artists to give us another view of economic realities. We will discuss novels, paintings, classical music and scenes from films in order to understand the fusion of economic objectivity and modern narratives from Industrial Revolution to post-modern times.

Learning Outcomes of the Course Unit

1   acquire a few fundamental notions of economics that will enable students to understand the ethical and artistic issues discussed in literature and in films.
2   examine the representation economic phenomena in selected literary and fine arts from Industrial Revolution to the present by giving special attention to critical representations of commercial and social life.
3   be able to interpret the material world of scarcity and problems of poverty, unequal distributions of wealth and income through the discussions in selected literature and art works.
4   make presentations on a given subject with the purpose of assessing the representation of economic phenomena in selected literary and art works.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Economics in Literature and Fine Arts: Introduction
2 From Modernism to Post-Modernism
3 Revolutions in economics and arts: Industrial Revolution
4 Revolutions in economics and arts: Birth of Nation State
5 Revolutions in economics and arts: Red October
6 Revolutions in economics and arts: WWI and Fordism
7 Revolutions in economics and arts: Great Depression
8 Revolutions in economics and arts: Dictatorships and WWII
9 Revolutions in economics and arts: Welfare State and Social Movements
10 Revolutions in economics and arts: Third World and Pluralism
11 Revolutions in economics and arts: Economic Crisis and Neo-liberalism
12 Revolutions in economics and arts: Globalization and New Mode of Production

Recomended or Required Reading

Eric Hobsbawm, 1994, Age of Extremes 1914-1991, An Abacus Book, London.
David Britt, 2003, Modern Art: Impressionism and Post-Modernism, Thames & Hudson, London.
Peter Gay, 2008, Modernism: The Lure of Heresy from Baudelaire to Beckett and Beyond, W.W. Norton& Company, New York.
Çınla Akdere ve Derya Güler Aydın, 2014, Edebiyattaki Iktisat, Iletişim Yayınları, Istanbul.
Bruna Ingrao, 2009, Economics and literature , in Richard Arena, Sheila Dow and Matthias Klaes (eds.), Open Economics: Economics in relation to other disciplines, Routledge, London.

Planned Learning Activities and Teaching Methods

Each lesson will consist in analysing and discussing one or more passages of a poem, play or novel. Students will be expected to have read these excerpts before the lesson (a few pages), even if they are not familiar with the entire work (which is not required). We will identify, and then formalise, the economic concepts that are introduced, and which we need to understand in order to enjoy a better-informed life in society. Students will receive a few pages of readings by email and occasionally pictures of paintings to prepare a class discussion led by the tutor on some economic concept (what is the meaning of production, does labour create value, is there a law supply and demand, what is money, etc.)
Students should establish what they hope to gain from the course and evaluate their own progress in understanding the issues. Feedback will be privately given on class contributions, and assessed against stated objectives.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MT Midterm
2 TP TermProject
3 ASS Assignment
4 PRS Presentation
5 FCG FINAL COURSE GRADE MT * 0.30 + TP * 0.25 +ASS * 0.20 + PRS * 0.25


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

Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will clearly define periodization in modern economic era.
2. The learner will use necessary basic concepts to evaluate the representation economic phenomena in selected literary and fine arts.
3. The learner will interpret the problems of poverty, unequal distributions of wealth and income through the discussions in selected literature and art works.
4. The learner will make research about a specific topic and present it in line with the purpose of assessing the representation of economic phenomena in selected literary and art works.

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)

To be announced.

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 2 24
Preparation for midterm exam 1 15 15
Preparing presentations 1 20 20
Preparing assignments 2 25 50
Midterm 1 2 2
Project Final Presentation 1 1 1
TOTAL WORKLOAD (hours) 148

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14
LO.154444
LO.2545
LO.34354
LO.455555