EC 611 Globalization and Financial Markets

This course aims to provide students with an understanding of the interaction between globalization and financial markets. Globalization presents risks and opportunities and provides an impetus to the development of financial markets. At the same time, the development of financial markets accelerates and changes the process as well as the nature of globalization. Understanding these interactions allows policy makers, investors, and business executives to better prepare themselves to manage the risks and to capitalize on the opportunities. The course focuses mainly on banking and also on; financial markets, mathematics for financial markets, banking systems, commercial banking, bank management, risks at banking and bank auditing.

EC 617 EU and Turkish Economy

The main objective of this course is to analyze the European Union-Turkey relations and its impact on the development since 1959. Special emphasis will be given to the period after customs union agreement in 1996. Additionally, the class will focus development in the Turkish economic structure, competition level, technological development, industrialization rate and market risks in this post custom unions era.

 

EC 621 Advanced Microeconomics

Within this course, production opportunities with in micro and macro Economics, applications and analyses of consumer behavior; demand analysis at good and factor markets, theory of production and supply analysis: various production functions, short and long term production analysis, short and long term cost analysis, cost and price analyze; market price analysis; price and firm balance at various competition levels will be covered.

 

EC 622 Advanced Macroeconomics

Labor and unemployment, research models, coupling models, inflation will be covered.  We will try to answer the questions such as; why some economies grow faster or slower? Why some economies have high inflation rates? What is the business cycle and why it happens? How monetary policy affects business cycles?

 

EC 623 History of Economic Thought

This course is designed to provide an introduction to the contributions of major economic thinkers from 16th century to the present. Students will examine the origins of ideas that continue to support the framework of economic theory. In addition, the course will highlight reasons for controversies, which have arisen among economists as the discipline evolves. Hence, we will investigate in which various economic theories have been applied in a historical context.

 

 

EC 624 Economic Development

This course reviews the historical experience of developed economies, presents models of development and planning techniques, and explores development policies. The course aims to identify major economic questions relevant to less developed countries. The course demonstrates how economic analysis can be used to further the understanding of obstacles to development and how to formulate appropriate policies. A comparison of development experiences between developing and developed countries is made to illustrate the major differences.

EC 625 Economic Growth

Endogenous growth models, innovation and simulation models, growth affects of labor and fiscal markets, affects of international trade and finance on growth, Walrasian equilibrium system, Grossman-Helpman-Romer typed R&D endogenous models, and applied dynamic balance model with modern growth theory will be covered. .

EC 626 International Economics

The aim of this course is to provide students with an understanding of the principles and applications of international economic firms and their international economic relationships, so that students will be prepared understand the role of the international trade and finance in the global economy, affects of international economy on consumers and the economic policies.

EC 627 Quantitative Techniques

The course is conducted using the mathematical economics techniques. Qualitative techniques classical methods and modern approaches, statistical and qualitative methods will be used to analyze the economics.

EC 628 Applied Econometrics

The course is devoted to advanced methods in applied econometrics. The aim of this course is to help to researchers to make econometric analysis. Accordingly rational expectations models; financial econometrics; regression models; panel data models; time series applications, variation models , factor models, unit root models and Bayesian methods will be explained.

EC 630 International Institutions and Law

The main objective of this course is review the international institutions such as; International Monetary Fund, World Bank, World Trade Organization, etc. Besides, Basel 1, Basel 2 accords will be covered.

EC 633 Game Theory and Estimation Models

The course aims to present social choice theory under the classical and Bayesian obscure. The main topics are; one time game theory under asymmetric- symmetric information, principal-agent problem, bilateral and multilateral negotiations, micro basis of labor and capital markets, public sector and firms.

EC 635 Economic Integration Trends

This course aims to investigate the integration process of national economies to international system. The affects and results of this process in covered within a historical context and the experiences of developed and underdeveloped countries are analyzed and compared.

EC 638 Comparative Economic Development

The main aim of this course is to compare the economic and social development paths of different countries. Economic development of Sub-Saharan Africa and South and South East Asia countries will be compared in detail.

FB 614 Public Expenditure and Revenue Policy

At the beginning of this course public consumption and income policies will be defined, later the differences of government and public sectors concept and its importance will be connected. Public consumption structure of the Turkish budget system will be explained, and current investments and transfers of the government will be analyzed. Income, consumption, foreign trade and wealth taxes and their shares in gross domestic product will be scrutinized and their affects on the economy will discussed.