Information Package / Course Catalogue
Comparative Macroeconomic Analysis
Course Code: ECO407
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

Analyse historical, social, philosophical and political bases of different schools of economic thought and compare their political / economic conclusions.

Course Content

A Brief Introduction to Methodology and Philosophy of Science and Schools of Economics.

Name of Lecturer(s)
Learning Outcomes
1.Comprehend historical, social, philosophical and political bases of different schools of economic thought.
2.Analyse comparatively political conclusions of different schools of economic thought.
3.Become aware of new schools of economic thought and new debates in the related literature.
4.Solve questions and problems related to economic schools.
5.Have an opinion about heterodox economics.
Recommended or Required Reading
1.Ersan BOCUTOĞLU, Karşılaştırmalı Makro İktisat, Ekin Basım Yayın, 2015.
2.Gülten KAZGAN, İktisadi Düşünce veya Politik İktisadın Evrimi, Remzi Kitabevi, 1980.
Weekly Detailed Course Contents
Week 1 - Theoretical
A Brief Introduction to Methodology and Philosophy of Science
Week 2 - Theoretical
Mercantilism, Liberalism, Physiocrats and Classical School
Week 3 - Theoretical
Classical Theories of Value, Growth, Distribution, Rent, Wage, Profit and Foreign Trade
Week 4 - Theoretical
Neo Classical School, Austrian School and Marginalists Neo Classical Theories of Value, Economic Welfare, Distribution, Foreign Trade
Week 5 - Theoretical
Partial Challenges to Neo Classical Theory : List, Carey, Patten, Stolper, Samuelson, Keynes
Week 6 - Theoretical
Keynesian Economics
Week 7 - Theoretical
Keynesian Economics
Week 8 - Theoretical
Challenges to Keynesian Thought: Monetarism
Week 9 - Theoretical
Supply Side Economics
Week 10 - Theoretical
Theory of Rational Expectations
Week 11 - Theoretical
Institutional Economics
Week 12 - Theoretical
Post Keynesian Economics
Week 13 - Theoretical
Post Keynesian Economics
Week 14 - Theoretical
Alternative Schools
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
5
4
3
3
3
3
2
2
2
2
OÇ-2
5
4
3
4
3
2
3
2
2
2
OÇ-3
5
4
3
3
3
3
2
2
2
2
OÇ-4
OÇ-5
Adnan Menderes University - Information Package / Course Catalogue
2026