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IKT 456 - The World Economy

Faculty of Business and Management Sciences · Business Administration (English 30%) · Undergraduate

ECTS: 5 T+P+L: 3+0+0 University Elective
Coordinator: Arş. Gör. Zehra Killik

Course Objective

To have knowledge about different economic regions in the world and be able to compare them with each other. 

Course Content

Economies of The Far East Asia, Latin America and Middle East

Required Resources

U. Başoğlu, N. Ölmezoğulları and İ. Parasız, World Economy: Globalization, Financial Institutions, Global Macroeconomics, Ezgi Bookstore, Ankara, 2001.
Gregory Clark, A Farewell to Alms: A Brief Economic History of the World, Princeton University Press, 2007.
Angus Maddison, The World Economy: A Millennial Perspective, OECD, 2001.

Recommended Resources

Robert Gilpin, Global Political Economy: Understanding the International Economic Order, Princeton University Press, 2001.

Core Area Distribution

(31) Social and Behavioural Science%50 (34) Business and Administration%50

Teaching Methods

ExpressionQuestion-AnswerDiscussionExercise and PracticeSelf study

Assessment & Evaluation

HomeworkOral ExamPerformance Assignment ( Lab / Workshop / Field Work / Seminar / Presentation / Completion Study / Thesis

ECTS / Workload

ActivityQuantityDuration (h)Total Workload
Course Duration (Including Exam Week)16348
Out of Class Study Period16348
Midterm000
Quiz000
Assignment13113
Practice13113
Final000

Course Schedule

WeekSubjectPreparation
1IntroductionIntroduction
2Western DevelopmentWestern Development
3Global InstitutionsGlobal Institutions
4GlobalisationGlobalisation
5Liberal EconomyLiberal Economy
6International TradeInternational Trade
7ReviewReview
8MidtermMidterm
9Capital FlowsCapital Flows
10Developed economiesDeveloped economies
11Developing economiesDeveloping economies
12National debtsNational debts
13EurozoneEurozone
14Gold standard and Bretton WoodsGold standard and Bretton Woods
15ReviewReview
16FinalFinal