Information Package / Course Catalogue
Economic History II
Course Code: ECO206
Course Type: Required
Couse Group: First Cycle (Bachelor's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 6
Objectives of the Course

The main purpose of this course is to provide students having a general information and prediction about economic history; expressing the events, transformations, structures and economic systems and making interpretations.

Course Content

The European Economics in the Early of Modern Age, The Change in the Balance of Economic Power in Europe and Industrial Revolution, Classical Economics and Spillover of Industrialization, Neo-Classical Economics, The World Economy in the 20th century and Keynesian Economics…

Name of Lecturer(s)
Lec. Elif Meryem YURDAKUL ŞİPAL
Learning Outcomes
1.Explains the beginning date of economic history.
2.Expresses the agricultural revolution, its results and the theories to explain the revolution.
3.Makes interpret endings on the World economy and European economy at the firs and middle ages.
4.Makes interpretations regarding economic thought in the firs and middle ages.
5.Makes interpretation on the change in European balance of economic power and the industrial revolution.
6.Explains the contributions made by Mercantilist, Physiocratics, Classicals, Neo-Classicals and Keynesians to the economic literature.
Recommended or Required Reading
1.E. K. Hunt & Mark LAUTZENHEISER - History of Economic Thought a Critical Perspective, Ankara: Siyasal Kitabevi, 2. Baskı, 2019.
2.Gülten KAZGAN - İktisadi Düşünce: Politik İktisadın Evrimi, İstanbul: Remzi Kitabevi, 22. Baskı, 2021.
Weekly Detailed Course Contents
Week 1 - Theoretical
Karl Marx's Critique of Classical Economics
Week 2 - Theoretical
Karl Marx: The Social Nature of Commodity Production and Labor Theory of Value
Week 3 - Theoretical
Karl Marx: Private Property, Capital and Capitalism
Week 4 - Theoretical
The Triumph of Utilitarianism: The Economics of Jevons, Menger and Walras
Week 5 - Theoretical
Neoclassical Theory of the Firm and Income Distribution: Writings of Marshall, Clark and Böhm-Bawerk
Week 6 - Theoretical
Neoclassical Theory of the Firm and Income Distribution: Writings of Marshall, Clark and Böhm-Bawerk
Week 7 - Theoretical
Thorstein Veblen's Critique of Neoclassical Economics
Week 8 - Theoretical
Theories of Imperialism: Writings of Hobson, Luxemburg and Lenin
Week 9 - Theoretical
The Climax, Consecration and Destruction of the Invisible Hand: Neoclassical Welfare Economics
Week 10 - Theoretical
The Theoretical Background of Keynes' Analysis
Week 11 - Theoretical
The End of the Myth that the Productivity of Capital is Measurable: The Work of Piero Sraffa
Week 12 - Theoretical
Contemporary Economics I: The Splintering of Orthodoxy
Week 13 - Theoretical
Contemporary Economics II: Institutional and Post-Keynesian Economics
Week 14 - Theoretical
Contemporary Economics III: The Revival of Critical Political Economy
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory140342
Reading140114
Individual Work140456
Midterm Examination115116
Final Examination121122
TOTAL WORKLOAD (hours)150
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
PÇ-13
PÇ-14
PÇ-15
OÇ-1
3
5
1
3
2
OÇ-2
2
5
2
2
2
OÇ-3
3
5
1
3
2
OÇ-4
2
5
2
2
2
OÇ-5
3
5
1
3
2
OÇ-6
2
5
2
2
2
Adnan Menderes University - Information Package / Course Catalogue
2026