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The economic problem; theories of supply and demand; various market structures; theory of distribution.

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Firms and fiscal policy; interdependence of the economy; national income; theory of income determination; money and banking; monetary policy; international trade and finance.

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The aim of the course is to introduce students to the principles and practicalities of doing research. Basic grounding in social science concepts, analytical approaches, research tools, selecting problems, reviewing the literature and presenting research are the major topics of the course.

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This course covers introductory probability distributions, hypothesis testing, analysis of variation and introductory regression analysis. Application of those concepts, through computer usage, is encouraged throughout the duration of the course.

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This course is designed to provide Economics students with a strong humanities background. An interdisciplinary social science emphasis on the origins and evolution of economic activities and institutions against the background of a history of civilization.

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Continuation of 3110107.

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Introductory macroeconomics course designed for non-departmental students. The nature of economics. The elements of supply and demand. Theory of income determination. Money and banking. Fundamentals of macroeconomic policy, monetary and fiscal policy. Basics of international trade.

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Scope and method, demand, supply and market prices; theory of consumer behaviour; applications; demand elasticity; theory of production and cost; pricing in competitive markets; general equilibrium and welfare economics.

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Measurement of economic activity; national income accounting; determination of the level of economic activity; the `Classical` and `Modern` theories of income and employment; general equilibrium of product and money markets; impact of international trade fluctuations and growth in economic activity; aggregate income distribution.

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This course continues the development of microeconomic analysis from Econ 201. The main aim is to provide an introduction to general equilibrium analysis and strategic decision making processes of agents in different economic environments.
i)The course is intended to fit into the Economics B.S program as a second year must course.
ii)The basic purpose of this course is to introduce advanced topics in microeconomics.

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Intertemporal consumption-saving decisions; Ricardian equivalence theorem; credit market imperfections; intertemporal investment decision of the firm; optimal investment rule; cash-in-advance model; Fisher relation; Liquidity trap; menetary policy rules; neutrality of money; New Keynesian Economics; Keynesian transmission mechanism for monetary policy; menu cost models; Freidman rule; Financial intermediation and Banking; The Diamond-Dybvig Banking model; The Phillips curve; Rational expectations hypothesis; Time consistency problem; Beginning of Modern Macroeconomics; The Neoclassical Synthesis; The Rational Expectations Critique.

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This course deals with frequency distributions, measures of central tendency and variability, basic theorems of probability, independent and joint events, conditional probability, discrete probability distributions, normal distributions, sampling distributions and sample drawing techniques.

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This course deals with principles of point estimation, properties of point estimators, techniques of estimation, optimality criteria in estimation, interval estimation, hypothesis testing, comparison tests for independent and paired samples, multiple comparisons, non parametric methods, regression, correlation, and analysis of variance and elementary time series analysis.

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This course deals with transformation of the politically fragmented, non-market European feudal societies into societies characterized by market-orientation and centralized political structures. It focuses on differential patterns of agrarian and commercial development in individual regions as well as in the formation of a global economy centered around Western Europe.

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This course deals with the rise of industrialism in different European regions. The emphasis is on the agrarian roots of industrialism especially in 18th century England. Particular attention is paid to the problem of late industrialization in Germany and France as well as to the interaction of individual regions in the global economy.

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A non-departmental course designed for students outside the Faculty of Economic and Administrative Sciences. The nature of economics. A general view of price system. Markets and pricing. The determination and the control of national income. Fiscal policy. Money, banking and monetary policy. International trade and finance. Economic growth and development.

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Introductory microeconomics course, especially designed for non-departmental students.

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Continuation of 3110211, introductory macroeconomics.

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The Simple Regression Model: basic assumption, estimation and tests of hypotheses, the coefficient of determination, regression through the origin, prediction, functional forms and the problem of choosing between them. The Multiple Regression Model: Estimation, hypothesis testing and prediction, functional forms and specification error analysis, multicollinearity.

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Dummy Variables: testing structural change, estimating the prediction error variance, seasonal adjustment and pooling cross-sectional and time-series data. Lagged Variables: the polynomial distributed lag and the geometric distributed lag. Autocorrelation and heteroscedasticity. Simultaneous equations; identification and single-equation estimation.

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Monetary theory and policy tools. An overview of the financial mechanism. Interest rate determination and the working of the capital market. Analysis of the demand and supply of money. Monetary transmission mechanism and monetary approach to balance of payments. Selected macro models in which money appears as an endogenous variable. Special applications to Turkey.

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Introduction to fiscal theory and policy. Government expenditures. Budgeting. Taxation and subsidies. Government finance.

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This course is designed as an introduction to the field of economic development, and examining the intersection of this literature with the newly emerging field of political economy of institutions and development.

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This course uses economic tools and concepts to analyze a variety of issues related to education, including the following: how and why parents, students, and govemments make decisions to invest in education; how education affects social and economic outcomes, including GDP growth and income inequality; how to evaluate the quality of education; how education is financed; the impact of resources on educational quality; and how to design and implement public policies related to education. The course also discusses the reasons that it is difficult to analyze education data and how to overcome those problems.

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The classical theory of foreign trade and its extensions; comparative costs; factor proportions and comparative advantages; further developments and empirical verifications; factor-price equalization, income distribution and gains from trade tariff theory and trade policy.

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Balance of payments; disequilibrium and adjustment; international monetary problems; trade and economic development; international economic integration.

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The evaluation and improvement of the tools of analysis of economic phenomena within a historical perspective; Mercantilism, Physiocrats; beginning of Classical School, Smith, Malthus, Ricardo, Mill and Marxian economics.

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The evaluation and improvement of the tools of analysis of economic phenomena within a historical perspective; the Marginal Revolution, Jevons, Walrasian, Marshallian and contemporary neo-classical economics; various critical approaches to neoclassical theory.

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The encounters between economics and other disciplines let the abstractions of economists come face to face with concrete case analyses of sociaI sciences. Upon successful completion of this course, the student is expected to gain knowledge of major theoretical transformations that have taken place in economic theory.

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The seminar is devoted to a detailed study of an individual research theme on an assigned theoretical or applied economic problem. Each student prepares a paper during the semester. The student is advised by an instructor in his/her research and is expected to write regular progress reports so that specific problems and aspects of his/her work can be discussed

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The course is designed for 3rd and 4th year students to equip them with practical tools of their future careers. For those students planning to enter academic career, the course will involve teaching techniques, practical teaching in tutorials, discussion and problem hours. For those students planning to enter the applied research career, the course will involve research techniques, statistical databases and practical training in research institutions.

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The course is designed for 3rd and 4th year students to equip them with practical tools of their future careers. For those students planning to enter academic career, the course will involve teaching techniques, practical teaching in tutorials, discussion and problem hours. For those students planning to enter the applied research career, the course will involve research techniques, statistical databases and practical training in research institutions.

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Stylized facts about world health distribution, health care provision, health care insurance, adverse selection, informational asymmetries in health, technological change in the health care industry, externalities in health care markets, demand of health care, human capital and health.

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The course examines the economics of oil, coal, natural gas production and their use, as well as substitutes such as conservation and renewables, focusing on electricity markets, regulatory framework, and resulting public policy issues from a regional, national and international perspective. It will also cover a variety of theoretical and empirical topics related to energy demand, energy supply, energy prices, environmental consequences of energy consumption and production, and various public policies affecting energy demand, supply, prices, and environmental effects. The course also aims to provide a comprehensive understanding of energy markets, as well as knowledge of how to analyze them and how they interact with the rest of the economy. A further aim of is to give students advanced tools to analyze how energy and environmental policies affect the demand and supply of different types of energy.

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Course deals with issues of food production and consumption on a world scale. For example, why with all the agricultural and distributive technologies available does the world continue to have nearly 1 billion people in chronic hunger? At the same time why are another billion people obese? What causes famines? Why are there recurring crises (the most recent being that of 2006-2008) surrounding food production and supply? This course explores these issues in their historical context.

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Data science is an interdisciplinary field about scientific processes and systems to extract knowledge or insights from data in various forms. With the availability of substantial amount of data in various forms and resources, it has become essential for economists to be equipped with skills needed to collect, process, analyze, and present the data. The course will be taught as a series of workshops. Main topics and methods will be summarized and discussed in each lecture, and the students will write the code to
perform the task assigned to them during the lecture. The students will learn how to write basic programs in R which is one of the most popular open-source programming language currently in use by data scientists.

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The course covers basic concepts of financial investment, management of investment portfolios and pricing of assets in these portfolios. Topics include diversification, asset allocation, portfolio optimization, factor models, the relation between risk and return, mutual funds, performance evaluation as well as basic coverage of pricing and use of financial derivatives, including options, forwards and futures.

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In any economy, the intensity of innovative activities is one of the main indicators of technical change. Those attempts should materialise in the product chain in the context of competitive pressures prevalent both in the national and international markets. In this framework, the course aims at mapping issues such as the study of long-run competitiveness, knowledge accumulation, and policy making combined with a holistic understanding of innovation. This course surveys a range of topics in the area of economics of innovation and technological change in the context of development, including the economics of the innovative activities, the contribution of innovation and research to economic growth, and the influence of market structure and competitive environment on the production of innovationsö tehnology diffusion.

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The course is an introduction to mathematical analysis with economic applications. Topics covered are set theory; Cauchy sequences; lim inf and lim sup; the finite dimensional metric space of real vectors; convergence; completeness; separability; compactness; continuity; Lipchitz and uniform continuity; connectedness, topics from finite dimensional convex analysis; applications.

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Evolution of the Chinese economy during pre- and post-1949 periods; analysis of Chinas post-1978 reform period using basic economic tools; identification of characteristics of China’s economic transition/transformation and development; structural change; urban-rural gap; labor markets; foreign trade and investment; foreign exchange and financial markets; Chinas post-WTO economic reforms and multinational enterprises; industrial policy; role of government and the market as allocators of resources; global imbalances.

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Public sector economics as a field of study. This course studies the nature of goods and services provided by the public sector. It explores public sector as an agent for economic development and decision making and the allocation of resources in the public sector. This course also includes debates on nationalization and privitization and the role of the public sector in the Turkish economy.

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The effects of economic activity on the natural environment with special reference to urban development forms the central subject matter of the course. Consideration is given to economic analysis of the causes of pollution and its control through taxes, the use of property rights and standards.

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This course is designed to introduce students to certain areas of natural resource economics. Topics include theories of replenishable and exhaustible resource exploitation and the environment. Specific natural resources (e.g. depletable energy resources, recyclable resources, replenishable but depletable resources, etc.) are studied in depth.

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The course aims to enhance students understanding of macroeconomics and trade concepts through a study of North-South trade models.
Prerequisite: ECON 202.

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The main objective of the course is to introduce students to a number of approaches to monetary theory and to discuss their relevance for policy. Whilst emphasis on theoretical questions will be referred to frequently. The following topics are covered : Money demand and supply, currency/asset substitution, monetary and credit transmission mechanisms, central banking, and currency and banking crises.

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This course consists of two separate parts. The first part of the course is devoted to the techniques of non-cooperative game theory. After introducing the basic solution concepts in game theory the second part of the course focuses on the macroeconomic applications of game theory focusing upon the interrelationships among monetary and fiscal policy makers and wage setters in a national or an international context..

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Use of matrix algebra. Systems of equations, seemingly unrelated equations and simultaneous equations. The debate on econometric modeling methodologies: Hendry, Lamer and Sims.

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The primary objective of this course is to analyze the political economy of technological change from the point of view of both the producers and users of technology. The material will include a short historical analysis of technological progress and technology policies that have been followed in Turkey and in some advanced countries or trade blocks. Recent theoretical approaches and trends in the international sphere to technology-related subjects such as R and D policies, human capital formation will be evaluated in the light of the Turkish development process.

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The course is an extension of 3110 201. Organization and development, concentration, entry barriers and other aspects of oligopolistic market structures will be discussed in the first part of the course. The second part will involve the theoretical and empirical dimensions of firm behavior. The specific topics will center on the pricing, investment and growth processes of modern oligopolistic firms.

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The goal of this course is to convey the basic economics of widely used agricultural trade policy schemes. The course is designed for students who have some grasp of microeconomic principles. Numerous trade policy mechanisms like; tariffs, quotas, mixing regulations, market discrimination, export subsidies are analyzed. Effects of various trade policies on domestic and international prices, consumption, production, trade and government revenue are examined. Some ideas about the effects of individual trade policies on general economic welfare are also discussed.

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Various forecasting methods are introduced with emphasis on their applications for social and economic planning. The core of the course is the use of models in forecasting future sales, capital, investment, new product development etc.

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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.

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This course studies the current policy issues of underdeveloped countries with reference to the relevant theoretical debates and country experiences, with some emphasis on the East Asian experience. Economic relations between North and South; trade, technology and financial policy issues; the role of the state; the implications of endogenous growth theory and international institutional constraints on policy making are discussed.

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A formal analysis of growth models. The conception and measurement of technical change. The generation of new technologies in historical perspective and the emergence of `Science-based`industries. The essential features of modern R+D systems. Diffusion and adaptation of technology in development and choice of techniques.

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This course will involve the systematic economic study of human behavior regarding labor market operations. How labor markets operate in theory and in practice will be carefully examined. A wide range of topics and issues will be covered throughout the semester. The subjects to be discussed include; wage determination, worker productivity, labor supply and demand, employment and output, occupational choice, unemployment, unionization, discrimination, poverty, and some others. In short, since everyone sells their labor resources to earn a living, it is important to understand how the labor market operates. The ultimate goal in the course is to develop a critical understanding of how to evaluate labor market policy.

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Nature of equilibrium analysis. Comparative statics and dynamic analysis. Mathematical treatment of some topics in microeconomics.

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This course is the continuation of 3110 475. It is based on mathematical treatment of some topics in macroeconomics.

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Scope and method, micro vs. macro, equilibrium and stability, markets and prices, expectations, technological equity vs. efficiency, time in economics, rationality.

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This course concentrates on the applications of simple and multiple regression techniques and of simultaneous equation systems. The areas of application may include estimation of consumption functions, systems of demand functions, production and cost functions, international trade relationships and others.

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This course concentrates on the applications of models with discrete dependent variables, models with limited dependent variables and models with duration data. Such applications may include models for binary choice, models for panel data, bivariate and multivariate Probit models, models for multiple choices and Tobit analysis of the censored regression.

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In this course the students will learn experimental methods, questions, coding of an experiment and analyze
experimental results.

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This course evaluates historical development of the labor market in Turkey form a comparative perspective. The demographic, economic, social, legal and institutional framework of the labor market in Turkey from the mid-19th century until the contemporary period from an internationally comparative perspective, with special emphasis on wages and living and working conditions and on the mechanisms and dynamics of their determination are introduced taking into consideration the situation in various other countries and the international conventions and other instruments.

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This course examines the issues of development in the region from Morocco to Iran using the tools of analysis of development economics and political economy. The topics to be covered include the concept of development, an introduction to the economic history of the region, agrarian change, rural to urban and international migration, informal sector, industrialization with and without oil, external debt and the impact of restructuring and stabilization programs.

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This course examines labor market characteristics and institutions in developed countries in general and Western European countries in particular. Comparisons to the most flexible labor market, the US, will be a focus of the course. Underlying paradigms are the skill-biased technological change adversely affecting low-skill workers and labor market institutions ?as these institutions relate to labor market flexibility or wage rigidity.

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An up-to-date review of modern labor market theories, related policy issues and applications, as well as methods and findings of empirical research, including national and regional level analysis of these markets both in developed and developing countries. Open to economic and administrative sciences majors as well as to students from computer science, regional planning and engineering.

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This course covers the elements of mathematical analysis, qualitative behaviors of dynamic systems and, static and dynamic optimization techniques.

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Analytical tools of micro theory; theories of the consumer and the firm; determination of relative prices under different market structures; existence, uniqueness, and stability of competitive market equilibrium; welfare and general equilibrium analysis.

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Analytical treatment of the Classical, Keynesian and Tobin's dynamic aggregative models; reduced forms, impact multipliers and basic notions of stability analysis; implications of different money regimes and alternative definitions of disposable income; rapid review of the theories of inflation and unemployment are discussed in this course.

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General equilibrium theory and welfare economics, topics in general equilibrium theory, topics in welfare economics, topics in economics of information.

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Walrasian and Keynesian adjustment mechanisms; neo-Keynesian quantity-constrained models; policy analysis when asset stocks adjust; selected issues in open macro models.

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Probability Distribution Theory and Statistical Inference; the linear regression model; maximum likelihood ; specification problems; data problems; non-linear regression.

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Nonspherical disturbances; heteroscedasticity and autocorelation; the use of panel data, seemingly unrelated regression; simultaneous equation multiple time series: cointegration and error correction; discrete dependent variables.

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Microeconomic and macroeconmomic problems of the Turkish economy will be discussed in a historical perspective. Emphasis will be placed on recent problems such as structural change, liberalization, privatization and public sector finance.

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This course analyses the political dynamics underlying the development of economic theories and institutions. The conflicting nature of capitalist accumulation process and its crises is also discussed.

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Central Banking; financial markets; balance sheet expansion; developing countries; inflation targeting; macro-prudential policies; trilemma versus dilemma.

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This is an intermediate macroeconomics course specifically designed for non-departmental students.

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This course studies from a comparative perspective the evolution of technology from the Neolithic Revolution which made agriculture as the base of human survival to the Industrial Revolution which shifted the focus of human survival to industry. A special emphasis is placed upon the discovery, storage and diffusion of scientific, technical and other forms of “useful knowledge” across the globe, particularly in pre-industrial Europe and Asia, in long term.

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The objective of this course is to give a comprehensive understanding of the European economic integration process, with particular emphasis on the integration of product, service, capital, and labor markets, economic and monetary union and the common policies of the European Union, as well as their implications for Turkey.

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This course will provide a graduate level overview of public economics. We will mainly cover taxation, social security, government spending and public goods. It is hard to cover all important public economies subjects in one semester, so this class will be more like a small summary of a graduate level public economics. Most of the papers will be based on US economy but we can have some arguments in class on the specific Turkish cases.

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This is a non-credit course for M.S. students who are to take a non-thesis degree. The objective is to have them carry out resaerch of a more limitted nature than a M.S. thesis

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The objective of this course is to enable the student to prepare the ground for his/her M.S. thesis. Students in their first year can take this course in the second semester.

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This is the course assigned to MA students during the preparation of their theses.

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Basic structures of computable general equilibrium (CGE) models for closed and open economies; integration of input-output and social accounts; multi-period aspects; review of closure rules for the internal and external balance.

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The course covers a range of topics in new geography. It looks into the basics of urban and regional economics, namely the determinants of economic activity in space. It covers the origins of the new trade and new economic geography models (based on industrial organization and trade theory under imperfect competition) and the fundamental models of spatial concentration. It covers the impact of people and goods mobility on spatial concentration. Various applications to regional policy issues (trade, factor mobility, taxation etc.) are also studied.

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Stylized facts of growth; Hecksher-Ohlin-Samuelson Model; trade and growth; dynamic general equilibrium models; multisector growth models; social accounting matrix; solution to recursive dynamic models; time elimination method; calibration.

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This course is a graduate level Experimental Economics course. After introducing a few basic concepts related to experimental methods, and we will dig into important applied microeconomics fields, like, compensation schemes, (dis)honesty in economic interactions, bargaining experiments, shraing/fairness experiments, experiments on agriculture, field experiments, etc. (With Week 6 we will start a specific area in applied microeconomics. This year, it is about dishonesty).

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Dersin içeriği, analitik olarak çözülmesi mümkün olmayan standart DSGE modellerinin numerik analiz yoluyla değişik çözüm yöntemlerini öğrencilere uygulamalı olarak öğretilmesini amaçlamaktadır. Uygulamalı dinamik programlama , lineer metodlar, parametrize edilmiş beklentiler yöntemi, fonksiyonel aproksimasyon metodları, değer ve politika fonksiyonu iterasyonu gibi konular dersin içeriğini oluşturacaktır.

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This course explores the determinants and consequences of migration/refugees from neo-classical and modern perspectives. Specific topics include the study of how immigrants are non-randomly selected from the population of the countries of origin, economic assimilation of migrants, and the impact of migration and refugee flows on the economics and labor markets of both receiving and sending countries. In addition, evidence-based migration policy will be discussed.

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This course covers classical as well as contemporary ideas in political economy by recourse to original texts. It purports to give students a deeper theorecital understanding of the trends and prospects of capitalism as a world economic system with its characteristic institutions and dynamics. Students will have to develop their own research agenda in conjunction with relevant directed readings.

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The focus of this course is on asset pricing. The topics to be discussed are: choice under uncertainty, expected utility theory, mean-variance portfolio theory using both static and dynamic approach, the theory of capital market equilibrium and asset valuation, the capital asset pricing model, the Arbitrage Pricing Theory, mutual fund separation and aggregation theorems, risk neutral valuation in complete markets, incomplete asset markets, differential information, risk measure, general equilibrium under uncertainty and asymmetric information.

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Exchange rate determination; exchange rate regimes; international monetary reform; policy conflict and cooperation; the LDC debt problem; pricing of international assets; balance of payments crises.

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This course is designed to provide the students a thorough knowledge of financial theory and corporate policy through the study of the interaction between individuals, corporations and the macro-economy. The first part of the course covers investment decision under certainty, the term structure of interest rates, the investor choice under uncertainty, portfolio theory and equilibrium asset pricing models. The second part focuses on the applications of financial theory to corporate policy issues such as the cost of capital, capital structure, dividend policy and option pricing.

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This course will take a fundamentally aggregate approach and relate "money" to different areas in economics such as "fiscal policy" international trade", "international monetary economics", "inflation", "economic growth", etc. Different types of macroeconomic model with a monetary sector will be studied and some of these models will be solved, using the Turkish data. Special emphasis will be given to current monetary issues in the Turkish economy.

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This course covers range of advanced topics in financial economics. It elaborates on the informational aspects in financial decision making and explores financial equilibria with symmetric and asymmetric information both in complete and incomplete financial markets. The course also focuses on the limits to arbitrage and financial frictions associated with transaction costs, liquidity, financial constraints, limited participation and limited commitment.

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This course examines the determination of exchange rates, the current account and other important macroeconomic variables in an open economy. The course aims to develop a general framework to address important policy questions and provide a sound understanding of exchange rate determination, balance of payments problems and implications of macroeconomic and financial linkages between economies. The course will cover recent topics in the area of open economy macroeconomics and international monetary economics.

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The main objective of this course is to enable students to have a better understanding of the different applications of ‘new open economy macroeconomics’ models which are regarded as
the new workhorse model of macroeconomics used to analyse the effects of macroeconomic policy in an open economy setting.

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This course deals with agricultural policies in an independent world. The focus is intentionally analytical, using verbal and graphical analysis, to derive alternative policy choices. The course is designed to assist the student with understanding policy choice in the world of domestic agricultural policies linked through world commodity markets. Use of analytical techniques in intermediate microeconomics and a general understanding of comparative advantage are the basic requirements.

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Analysis of demand with emphasis on the theory of consumption decisions, the development and estimation of models, and the assessment and interpretation of empirical results. Topics will include the following: Demand system specification. Duality and flexible functional forms. Separability and aggregation. Dynamic demand models. Household consumption models, demographics, and equivalent scales. Cost-of-living indices and standard of living measurement. Quality of goods. Empirical applications with emphasis on food demand.

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This course is designed to familiarize students with the classic works and most up-to-date controversies within the field of economic history. Major classical texts in economic history will be taken as a springboard for discussing contemporary issues not only in economic history but also in political economy and economic thought. The now-classic three-volume study of Fernand Braudel, the prominent French historian, will be the basic reading for the course. In addition, the works of Hicks, Lane, North, Polanyi, Schumpeter, Steensgaard, Veblen will be familiarized.

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This course presents definitions and evidence of business cycle non-linearity (Asymmetry); implications of non-linearity in economics and finance; empirical non-linear models; non-linearity tests against specified and unspecified alternatives.

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The course explores the complex and multifaceted relationship between agriculture and economic development. The major issues such as Food security and biodiversity will be analysed using tools of economics analysis.

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Diverse mathematical topics within advanced micro theory like oligopoly, strategic behavior, firm structure and industrial economics related topics in macro and international dimensions. Students will test different hypotheses by econometric methods using real data.

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This course presents models of growth, including Solow growth, models of human capital, endogenous technological change technology transfer, the course integrates the theories with data and evaluates the theoretical approaches for better perspectives on the fundamental causes of economic growth.

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Pure exchange economics: Competitive equilibria and the core. Elementary topological properties of Euclidean spaces. Equilibria and fixed points. Convex analysis: Intrinsic core and linear accessibility; separation and support theorems; extreme points. Continuity of correspondences. Sperner's Lemma; KKM Theorems, Brouwer, Kakutani and Ky Fan fixed point theorems.

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In this course, the focus will be on the dynamics of industrial clusters and networks, their role in economic and regional development. It also includes analysis on what kinds of policy tools have been used, and can be used by governments to increase the contribution of clusters to regional development. The course will conclude with technological diffusion and diffusion policy. Setting industrial policies a good understanding of both macro and micro dynamics in the economy. Thus, it is important to understand not only the macro-level policy design, but also the firm dynamics to develop effective policies. This course adopts both a macro and micro perspective in this respect.

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The concept of development; historical aspects of economic development; the extent of development gap among countries, measurement of development. Major theories of development; structuralist and neoclassical approaches; dependence theories. Main policy issues; income distribution and poverty, population growth, employment, migration, trade and industrialization, agriculture, stabilization policies, external debt.

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Univariate time series models; ARIMA modeling, Bob-Jenkins methodology. Dterministic and stochastic trends. Non-stationary and unit roots; testing and model selection. VAR models; structural VARs, innovation accounting. Cointegration; the Johansen method.

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Advanced time series analysis as applied macroeconomic problems.

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Estimation of Probit, Logit, Multinomial, Multivariate, Tobit, Generalized tobit, simultaneous probit and tobit, random and fixed effects models.

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This course considers vector autoregression, structural vector autoregression, innovation accounting, cointegration in a VAR framework, testing and modeling using the Johansen approach, dynamic panel data models, estimation and testing for unit roots in panel data.

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Graduate course in labor economics; particular emphasis on the analysis of social networks in labor markets. More than half of all jobs are obtained through social networks: the course will focus on understanding the effects of networks on labor market outcomes, especially on unemployment; expose the student to this rapidly emerging field.

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The aim of this course is to provide students with the detailed information on academic research and publishing ethics and with the deeper knowledge of research methods that are warranted for their academic thesis work in the Economics department.

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Neo-classical and evolutionary theories of science and technology policy. National and international systems of innovation. Science and technology policies in developed and newly industrialized countries. Comparative analysis of science parks and technoparks. The aims and means of technology policy in Turkey. National system of innovation in Turkey: institutional structure, agents, and policies. Seminars by relevant policy institutions (TUBITAK, TTGV, DPT, KOSGEB, UNIDO, etc.) and R&D institutions on their structures and activities.

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The main objective of this course is to enable students to understand concepts, methods and results of evolutionary analysis of technical change and economic dynamics. Students examine how evolutionary approaches can be used to further the understanding of complex processes and industrial dynamics (selection, competition, innovation, variety-creation, learning, etc.) that transform economic and social structures. The course includes micro simulation exercises on the computer to allow students to explore evolutionary theories and applications of these in an active way.

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Human capital refers to a set of abilities and acquired skills that an individual combines with their own effort and offer to employees. Education and health are the major components of the stock of human capital. This course provides an introduction to the economic theory of human capital and its application to the study of education. The theory and empirical approaches to the economics of education will be emphasized. Open to Economics students and students from Faculty of Administrative Sciences, Sociology, Education, Regional Planning, and other fields.

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The main aim of this course is to provide an introduction to the economic theory of human capital and its applications in the study of various topics in human behavior. Education will be covered only marginally since it is emphasized in Econ 693. The various other applicaıtions in this course include investment in children, fertility, fertility and development, discrimination, health, health and development, aging individuals and the society and various aspects of skilled and unskilled, national and international migration. The basic theory underlying these topics and empirical approaches to hypothesis testing will be emphasized.

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The aim of this course is to improve and to test the knowledge of the student in three main fields of economic theory. The student is expected to study independently, and to take a written exam in the following fields: microeconomics, macroeconomics, and econometrics.

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ECON 695 should be taken before ECON 696. Prerequisite: ECON 695.

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This course focuses on psychology of decision making in various aspect of economics in both individual level and macro economic issues. Behavioral Economics is a new approach to understand the behavior of the economic agents via conducting labratuary experiments and testing the theories against the collected data. The theoretical framework is based on Game theory and game experiment.
This course aims to introduce the students to behavioral and experimental economics. We will survey the literature on market experiments, focusing on the predictions of neoclassical theory. Secondly, we will explore various experimental methods, their advantages and disadvantages.

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An up-to date review of modern labor market theories, related policy issues and applications, as well as methods of findings of empirical research, including national and regional level analysis of these markets both in developed and developing countries. Open to economic and administrative sciences majors as well as to students from computer science, regional planning and engineering.

Course Content

This is the course assigned to Ph.D. students during the preparation of their theses.

Course Content

International graduate student practice

Course Content