Information Package / Course Catalogue
History of Economic Doctrines
Course Code: EF252
Course Type: Area Elective
Couse Group: First Cycle (Bachelor's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 5
Objectives of the Course

To acquaint the student with the major theories and theorists in the history of economic thought. The course will focus on important figures who have been instrumental in the development of the major "schools" of economic thought (orthodox and heterodox). The ideas of these economists will be examined within their original historical/social/political context and they will also be related to the scientific and philosophical ideas of the time.

Course Content

Mercantilism, phsiocrat doctrine, classical doctrine, socialism, German historical doctrines, neoclassical economics, schools of institutional economics, Keynesians, economic thought in the second half of the 20th century.

Name of Lecturer(s)
Lec. Esma Gül YETİŞ DOĞAN
Learning Outcomes
1.To be able to learn development of economic ideas
2.To be able to describe and discuss the main themes of the economic schools with apprehend the theoretical framework of world economics
3.To be able to analyze the relation between different economic thoughts
4.To be able to connect economic theories, economic systems and economic policies
5. Have detailed information about economic systems
Recommended or Required Reading
1.Hunt, E. K., & Lautzenheiser, M. (2011). History of economic thought: A critical perspective. M.E. Sharpe.
2.Skousen, M. (2022). The making of modern economics: the lives and ideas of the great thinkers. Routledge.
3.Rubin, I. I., & Colliot-Thélène, C. (1979). A history of economic thought. London: Ink links.
4.Küçükkalay, A. M. (2014). Dünya iktisat tarihi. Beta.
Weekly Detailed Course Contents
Week 1 - Theoretical
The Scope of the History of Economic Doctrines and Methodological Debates
Week 2 - Theoretical
Before the mainstream economics: Ancient Greek, Roman and Middle Ages
Week 3 - Theoretical
Before Adam Smith: Mercantilism and Physiocracy
Week 4 - Theoretical
Classical Economic Thought: Adam Smith - I
Week 5 - Theoretical
Classical Economic Thought: Adam Smith - II
Week 6 - Theoretical
Malthus' Theory of Population, Value and Crisis
Week 7 - Theoretical
D. Ricardo -The Theory of Value, Distribution and Growth
Week 8 - Theoretical
Neo-Classical Economic Thought: Main Features and Pioneers- I
Week 9 - Theoretical
Neo-Classical Economic Thought: Main Features and Pioneers - II
Week 10 - Theoretical
The Birth of Marginalism (W. S. Jevons, C. Menger, L. Walras)
Week 11 - Theoretical
Karl Marx:- II: Critique of Classical Political Economy
Week 12 - Theoretical
Karl Marx:- II: The Theory of Surplus Value
Week 13 - Theoretical
Keynesian Economics and Post Keynesian Economics
Week 14 - Theoretical
Austrian School and Institutional Economics, Liberal Economic Thought (Hayek), Monetary Economics (Friedman)
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%70
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory144398
Midterm Examination110111
Final Examination114216
TOTAL WORKLOAD (hours)125
Contribution of Learning Outcomes to Programme Outcomes
PÇ-1
PÇ-2
PÇ-3
PÇ-4
PÇ-5
PÇ-6
PÇ-7
PÇ-8
PÇ-9
OÇ-1
5
5
5
5
5
5
5
5
5
OÇ-2
5
5
5
5
5
4
4
5
5
OÇ-3
5
5
5
5
5
4
4
5
5
OÇ-4
5
5
5
5
5
5
3
3
4
OÇ-5
5
5
5
5
5
5
5
5
4
Adnan Menderes University - Information Package / Course Catalogue
2026