
| Course Code | : ECON411 |
| 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 |
The aim of this course is to examine general equilibrium models and to evaluate the impact of general equilibrium models on economic growth or economic performance in national economies and in Turkey in particular.
General equilibrium, the relationship between general equilibrium and Pareto optimum, general equilibrium and social preferences, the bases of Pareto optimum, second best theory and optimality concepts form the content of this course.
| Prof. Funda ÇONDUR |
| 1. | Students understand the general equilibrium models. |
| 2. | Students are able to analyze the effects of general equilibrium models on economic performance. |
| 3. | Students are able to examine the general equilibrium models in Turkish economy. |
| 4. | Students will be able to gain a critical perspective on general equilibrium models. |
| 5. | Students have knowledge about welfare economics. |
| 1. | Ölmezoğulları, N., (1998). Bölüşüm, Genel Denge ve Refah Ekonomisi. Ezgi Kitabevi. |
| 2. | Önalan, G. O. (2010). Ekonomide Genel Dengel: Politikalar ve Mu¨dahale Yöntemleri. Filiz Kitabevi. |
| 3. | Çolak, Ö. F., Özalp, L. F. A. (2022). Refah Ekonomisi ve Eşitsizlik. Efil Yayınevi. |
| Type of Assessment | Count | Percent |
|---|---|---|
| Midterm Examination | 1 | %40 |
| Final Examination | 1 | %60 |
| Activities | Count | Preparation | Time | Total Work Load (hours) |
|---|---|---|---|---|
| Lecture - Theory | 14 | 2 | 3 | 70 |
| Midterm Examination | 1 | 20 | 1 | 21 |
| Final Examination | 1 | 30 | 1 | 31 |
| TOTAL WORKLOAD (hours) | 122 | |||
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 | 4 | 2 | 5 | 3 | 3 | 3 | 2 | 3 | 3 | 4 | 3 |
OÇ-2 | 4 | 5 | 2 | 5 | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 3 |
OÇ-3 | 4 | 5 | 2 | 5 | 4 | 4 | 3 | 2 | 4 | 4 | 4 | 3 |
OÇ-4 | 4 | 4 | 3 | 5 | 5 | 4 | 2 | 2 | 3 | 4 | 3 | 3 |
OÇ-5 | 5 | 4 | 4 | 4 | 5 | 4 | 2 | 2 | 3 | 5 | 3 | 2 |