ECO460 STRUCTURE OF TURKISH ECONOMY
| Course Code: | 3520460 |
| METU Credit (Theoretical-Laboratory hours/week): | 3 (3.00 - 0.00) |
| ECTS Credit: | 6.0 |
| Department: | Economics |
| Language of Instruction: | English |
| Level of Study: | Undergraduate |
| Course Coordinator: | Assoc.Prof.Dr. EMRE ÖZÇELİK |
| Offered Semester: | Fall Semesters. |
Course Objectives
This advanced undergraduate class is intended to introduce students to the historical development and the current structural formation of the Turkish economy. The main aim of the course is to provide students with a political economy perspective to understand how the current structure of the Turkish economy has evolved in the last century, what the current issues are, and where it is heading.
Course Content
Overall structure of the economy; sources and use of income; economy of government; main sectors; agriculture, industry, services; income distribution; regional dispersion of economic activities.
Course Learning Outcomes
At the end of the course, students are expected to be able to analyze the current economic structure in Turkey, with its various social and political aspects, as well as its place in the global economy.
We begin with a brief introduction to the economic history of Turkey. We discuss the economic legacy that the Turkish Republic inherited from the Ottoman Empire and the efforts to build a new economic system on this inheritance in the early republican era. We then analyze the major phases of economic transformation in the twentieth century. In the second part of the course, we examine various dimensions of the contemporary Turkish economy from the labor market to the EU process. In some weeks, we will watch documentaries about contemporary Turkey to induce class-room discussions about the topic of the week.