Information Package / Course Catalogue
Economic History
Course Code: TAR134
Course Type: Required
Couse Group: First Cycle (Bachelor's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 2
Prt.: 0
Credit: 2
Lab: 0
ECTS: 2
Objectives of the Course

It is necessary to examine economic history in order to evaluate the economic causes and consequences of historical events that occurred in the past. It will be taught how international relations and history have been shaped according to economic objectives throughout history. In addition to the economic history of the past, modern economic history will also be taught. Especially the developments that emerged after 1945, which created great revolutions in the history of economics, continue until today. Students will understand why the great economic revolutions in the history of economics emerged and will have a better understanding of the reasons for today's economic conflicts and revolutions. In the economic history course, students will comprehend the common points that developed countries have followed in development and will learn better where developing countries have made mistakes. Analyses will be made to understand development, international relations and historical events through the total power equation. Thus, it will contribute to the formation of a clearer, more insightful mind.

Course Content

In the first step, the course will begin with the birth and subject of economic history, the industrial revolution and its consequences. Afterwards, the history of modern economic history, the history of record money, which forms the basis of the modern economy, how it is printed and how it affects domestic and global politics will be covered. The fact that the theories produced by the great theoreticians in the history of economics, in addition to discovering the general rules of the economy, are development models specific to their own countries, which will ensure the development of the countries in which they live. The parts of these models that are suitable for our country and the rules of general economic science can be applied, but each country should also develop a development model suitable for itself according to its degree of development. For this reason, this course will also be a history of economic theories course. The pragmatic side of the course is that in addition to Western development models, eastern development models such as Japanese, Russian and sometimes even Chinese development models will also be covered. It will be a postmodern, contemporary economic history course combining classical and modern theories. The total power equation will be emphasized in the lectures. Historical events, current economic conflicts and problems of international relations will be analyzed through this framework. The total power equation is also an equation of economic history and development. For this reason, a good understanding of this equation will give students the ability to see the background of historical events not only in economic history but also in other history courses. It will be taught what superpower economy, peace economy, war economy, developing economy, oil economy, bretton woods system, petro dollar system are and how they played a role in shaping modern economics.

Name of Lecturer(s)
Lec. Uğur TATLISUMAK
Learning Outcomes
1.to be able to compare between economics and history.
2.to be able to define transformations of economic activities through historical process.
3.What is money? Understanding the effects of paper money on political, economic and social transformations
4.to be able to comment on sources of economic history.
5.to be able to grasp economic relations between Europe and Ottoman Empire.
6.to be able to write about economic structure of Middle Ages, Merchantilism and economic transformations of Early Modern Period.
7.to be able to explain developments after Industrial Revolution, economic doctrines and reasons of their existence.
8.Understanding Global Economic Developments and Conflicts
9.The economic changes in the world after 1945 will be taught, the impact of new technologies such as Industry 4.0 and artificial intelligence on economic, political and social life will be explained.
10.Understanding the Relationship between Oil, Money and the Global System
11.To comprehend the total power equation followed by developed countries in development
12.To understand more clearly what political and economic problems are by comprehending what superpower economy, war economy, peace economy, developing economy, oil economies are
Recommended or Required Reading
1.Herbert HEATON, Avrupa İktisat Tarihi, İstanbul, 2005
2.Halil SAHİLLİOGLU, İktisat Tarihi, İstanbul
3.A Century of War Anglo American Oil Politics and The New World Order
Weekly Detailed Course Contents
Week 1 - Theoretical
Description of economy, relation between history and economy. Description of economic history and its content.
Week 2 - Theoretical
Client branches of science of economic history, birth of economic history, economic activities in Antiquity.
Week 3 - Theoretical
Mediterranean World in Antiquity, economic structure of Anatolia, Egypt and Mesopotamia. Ancient trade roads, rivers, lakes, seas and cities.
Week 4 - Theoretical
Political, administrative and economic structure of Medieval Europe.
Week 5 - Theoretical
Power Equation and Development Relationship
Week 6 - Theoretical
What is the Superpower Economy, Peace Economy, War Economy?
Week 7 - Theoretical
Changing Power Changing Economic Theories
Week 8 - Theoretical
Analysis of Countries According to the Definitions of Super Power Economy, Peace Economy, War Economy
Week 9 - Theoretical
Economic structure of Medieval Islamic world.
Week 10 - Theoretical
Economic structure of Early Modern Period and the Merchantilism.
Week 11 - Theoretical
Events that lead to the Industrial Revolution.
Week 12 - Theoretical
Bretton Woods System, Petro Dollar System and the Birth of the US Global Economic System
Week 13 - Theoretical
Industrial Revolutions I,II, III, IV .
Week 14 - Theoretical
Artificial Intelligence, Transhumanist New Economic Model
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory140228
Midterm Examination1718
Final Examination113114
TOTAL WORKLOAD (hours)50
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
PÇ-10
PÇ-11
PÇ-12
OÇ-1
3
OÇ-2
3
OÇ-3
3
OÇ-4
3
OÇ-5
3
OÇ-6
3
OÇ-7
3
OÇ-8
3
OÇ-9
OÇ-10
OÇ-11
OÇ-12
Adnan Menderes University - Information Package / Course Catalogue
2026