| Course Objectives: |
The aim of this course is to help students understand how theoretical economics is reflected in the Turkish economy in practice; to develop the ability to interpret key macroeconomic variables of the Turkish economy and their broad trends; and to evaluate economic policies from the past to the present (and with a forward-looking perspective). The course also aims to build a comprehensive, sectoral understanding of the Turkish economy (e.g., public sector, key sectors, financial structure, and external balance). |
| Course Content: |
The course examines the Turkish economy through a sectoral perspective. It begins with the fundamental characteristics of Turkey’s economy and its position in the world economy, then covers national income/growth, income distribution, and poverty. It subsequently addresses the role of the public sector in the national economy, including developments in public expenditures and revenues, domestic debt, privatisation, and the budget system. Agriculture, industry, and services are analysed in dedicated sections; agriculture includes production structure, support policies, and alignment with the EU’s Common Agricultural Policy, while services include trade, transport, communication, construction/contracting, and tourism sub-sectors. Finally, the course reviews Turkey’s financial structure (the Central Bank and banking sector), economic crises and stabilisation measures, and then focuses on the balance of payments, current account and foreign trade developments, external debt, and the foreign exchange market. |
Course Learning Outcomes (CLOs) are those describing the knowledge, skills and competencies that students are expected to achieve upon successful completion of the course. In this context, Course Learning Outcomes defined for this course unit are as follows:
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| Knowledge
(Described as Theoritical and/or Factual Knowledge.)
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1) Defines and interprets key macroeconomic indicators of the Turkish economy (GDP, growth, inflation, unemployment, current account, debt metrics).
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2) Analyses the role of the public sector in Türkiye through public revenues/expenditures, budgeting, and debt dynamics.
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3) Evaluates the structure and transformation of agriculture, industry, and services using sectoral evidence.
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4) Explains the linkages among foreign trade, balance of payments items, current account dynamics, capital flows, and the exchange rate market.
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5) Discusses Türkiye–EU economic relations (Customs Union, alignment/common policies, trade and competition dimensions) and their implications for the Turkish economy.
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| Skills
(Describe as Cognitive and/or Practical Skills.)
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| Competences
(Described as "Ability of the learner to apply knowledge and skills autonomously with responsibility", "Learning to learn"," Communication and social" and "Field specific" competences.)
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| Week |
Subject |
Materials Sharing * |
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Related Preparation |
Further Study |
| 1) |
Introduction; core features of the Turkish economy, geography/natural resources, and an introduction to demographic indicators. |
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| 2) |
Labour market and social security; savings and regional development; Türkiye’s position in the world economy (indices/indicators). |
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| 3) |
National income and growth: GDP and growth by periods; introduction to sectoral growth dynamics. |
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| 4) |
Income distribution and inequality measures; poverty in Türkiye (absolute/relative) and key indicators. |
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| 5) |
Public economics: size of the public sector; public expenditures and revenues; tax burden and budget developments. |
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| 6) |
Debt and privatisation: domestic debt/management; scope and practices of privatisation; introduction to local administrations. |
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| 7) |
Key sectors I (Agriculture): functions/features; production structure; agricultural supports and alignment with the EU Common Agricultural Policy. |
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| 8) |
Midterm Exam |
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| 9) |
Key sectors II (Industry): industrial development, structural change, the role of industry and its main challenges. |
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| 10) |
Key sectors III (Services): scope of services; sub-sectors of trade, transport, communication, construction, and tourism. |
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| 11) |
Financial structure and crises: the Central Bank and banking; crises and stabilisation policies/programmes. |
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| 12) |
Introduction and historical framework of Türkiye–EU relations: overview; the association relationship and key phases towards the Customs Union (preparatory–transitional–final stage). |
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| 13) |
From association to candidacy: discussions around full membership application; candidacy and the logic of EU progress reports. |
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| 14) |
Negotiation process: start of accession negotiations; Negotiation Framework and core pillars; institutional set-up (EU Secretariat / EU Ministry). |
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Programme Learning Outcomes |
Contribution Level (from 1 to 5) |
| 1) |
Be able to explain the fundamental concepts, theories, and processes of logistics and supply chain management, as well as the roles and responsibilities of the parties involved in the supply chain. |
1 |
| 2) |
It can handle logistics operations such as warehouse management, order processing, transportation, packaging, and labeling. |
1 |
| 3) |
They can apply basic knowledge of foreign trade, marketing, and customs legislation, as well as foreign trade processes (INCOTERMS, delivery and payment methods, etc.). |
1 |
| 4) |
Can evaluate the internal and external environment of logistics companies in terms of economic indicators. |
2 |
| 5) |
Can develop innovative solutions to complex problems encountered in the field of logistics. |
1 |
| 6) |
Can effectively use theoretical knowledge and information technologies in design, planning, and decision-making processes. |
2 |
| 7) |
Through experience gained in workplace practices, theoretical knowledge can be integrated with practical application. |
2 |
| 8) |
They can act with a sense of professional responsibility within the framework of ethical values, principles of social responsibility, labor law, and occupational health and safety regulations. |
1 |
| 9) |
Can manage logistics processes in accordance with the principles of sustainability, green logistics, and environmental awareness. |
3 |
| 10) |
Can effectively participate in teamwork and communication processes. |
4 |
| 11) |
They can follow current developments and technological innovations in the field of logistics. |
5 |
| WORKLOAD OF TEACHING & LEARNING ACTIVITIES |
| Teaching & Learning Activities |
# of Activities per semester |
Duration (hour) |
Total Workload |
| Course |
13 |
3 |
39 |
| Laboratory |
0 |
0 |
0 |
| Application |
0 |
0 |
0 |
| Special Course Internship (Work Placement) |
0 |
0 |
0 |
| Field Work |
0 |
0 |
0 |
| Study Hours Out of Class |
13 |
3 |
39 |
| Presentations / Seminar |
0 |
0 |
0 |
| Project |
0 |
0 |
0 |
| Homework Assignments |
0 |
0 |
0 |
| Total Workload of Teaching & Learning Activities |
- |
- |
78 |
| WORKLOAD OF ASSESMENT & EVALUATION ACTIVITIES |
| Assesment & Evaluation Activities |
# of Activities per semester |
Duration (hour) |
Total Workload |
| Quizzes |
1 |
15 |
15 |
| Midterms |
1 |
30 |
30 |
| Semester Final Exam |
1 |
30 |
30 |
| Total Workload of Assesment & Evaluation Activities |
- |
- |
75 |
| TOTAL WORKLOAD (Teaching & Learning + Assesment & Evaluation Activities) |
153 |
| ECTS CREDITS OF THE COURSE (Total Workload/25.5 h) |
6 |