Information Package / Course Catalogue
Comparative Economic Systems
Course Code: ECO311
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: 6
Objectives of the Course

Main aim of this course is to provide students with general information and foresight comparatively about characteristics of economics systems, institutions, process and development.

Course Content

Economic System, Economic Model Concepts and Comparing These Concepts, Institutions, Development and Transformation of Capitalism, Intellectual Foundations of Socialist System: Socialism Before and After Marx, Marxist Thought: Philosophy, History and Political Economy.

Name of Lecturer(s)
Learning Outcomes
1.Explains economic system, the concepts of economical models and comparison these models.
2.Evaluates of ideal environment resulting in capitalist system.
3.Describes relationship between liberal and internationalist capitalism.
4.Explains the success and failures of capitalism and the market and public failures.
5.Defines the concept of market socialism and to assess socialist country’s models.
Recommended or Required Reading
1.Beşir HAMİTOĞULLARI, Çağdaş İktisadi Sistemler: Strüktürel ve Doktrinal Bir Yaklaşım, Ankara Üniversitesi Siyasal Bilgiler Fakültesi Yayınları.
2.Hasan İSLATİNCE, İktisadi Sistemler; Kapitalizm ve Sosyalizm, Ekin Basım Yayın, 2009.
Weekly Detailed Course Contents
Week 1 - Theoretical
Economic System, Economic Model Concepts and Comparing These Concepts
Week 2 - Theoretical
Evaluation of Ideal Environmental Resulting in Capitalist System
Week 3 - Theoretical
Institutions, Development and Transformation of Capitalism
Week 4 - Theoretical
Liberal Capitalism and Interventionist Capitalism
Week 5 - Theoretical
Success and Failures of Capitalism: Market Failures and Public Failures
Week 6 - Theoretical
Modern Capitalism and Globalization
Week 7 - Theoretical
Capitalist Models: Examination of Economies of USA, EU and Japan
Week 8 - Theoretical
Capitalist Models: Examination of Economies of USA, EU and Japan
Week 9 - Theoretical
Intellectual Foundations of Socialist System: Socialism Before and After Marx
Week 10 - Theoretical
Marxist Thought: Philosophy, History and Political Economy
Week 11 - Theoretical
Market Socialism
Week 12 - Theoretical
Socialist Countries Models: Examination of Economies of Union of Soviet Socialist Republics and China
Week 13 - Theoretical
Underdevelopment and The Main Problems of Underdeveloped Countries
Week 14 - Theoretical
The Problems of Socialism and Transition Economies after 1990
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory140342
Reading140228
Individual Work140342
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
4
4
4
2
1
OÇ-2
3
4
4
4
2
1
OÇ-3
3
4
4
4
3
1
OÇ-4
3
4
4
4
2
1
OÇ-5
3
4
4
4
3
1
Adnan Menderes University - Information Package / Course Catalogue
2026