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About the Programme Academic Staff Program Qualifications Lessons Matrix of Course & Program Qualifications Turkish Qualifications Framework (TQF) TQF & Program Qualifications
  1. Graduate School
  2. Department of Economics
  3. Non-Thesis Master’s Degree in Economics
  4. Non-Thesis Master’s Degree in Entrepreneurship and Innovation (Distance Education)
  5. Course Structure Diagram with Credits
  6. Turkish Economy
  7. Description
  • Description
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  • ECTS Credit Load
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Last Updated: 07/10/2026

Code - Course Title Course Type Laboratory + Practice ECTS
İKT598 - Turkish Economy II. SEMESTER 3 +0 6.0
Language of Instruction Türkçe
Course Type Elective Courses
Course Instructor(s) PROF. DR. ÖZGÜR TONUS
Mode of Delivery Distance learning methods.
Place of Delivery Online
Used Educational Platforms Online
Prerequisites N/A
Courses Recomended N/A
Recommended Resources K. Boratav(2012) Türkiye İktisat tarihi, 1908-2009, 16. Basım, İmge Kitabevi, Ankara.S. R. Karluk (2009)Türkiye Ekonomisi, 12. Baskı, Beta Basım A.Ş. İstanbulMahfi Eğilmez (2018) Değişim Sürecinde Türkiye, İstanbul: Remzi Kitapevi.Özgür Orhangazi (2024) Türkiye Ekonomisinin Yapısı : Sorunlar Kırılganlıklar ve Kriz Dinamikleri, İmge Kitapevi.Özgür Tonus (2015) Temel Göstergelerle Türkiye Ekonomisi. Bursa: Ekin Yayınevi
Work Placement N/A
Aims of the Course The aim of this course is to analyze the historical development, structural characteristics, and current problems of the Turkish economy from a political economy perspective. The course aims to address areas such as growth, distribution, public finance, borrowing, sectoral structure, crises, and foreign trade within the framework of state–capital–labor relations.

Weeks Learning Outcomes Topics Teaching Methods
Week - 1 Structural Characteristics of the Turkish Economy, Historical Progress and The place of Turkish Economy in the World in Terms of Macroeconomics Lecture Question & Answer Discussion
Week - 2 The Position of the Turkish Economy in the World Economy & Demographic Structure • Turkey: Periphery or semi-periphery? • The mode of articulation into global capitalism • Demographic transformation and capital accumulation • The political significance of migration and labor supply Lecture Question & Answer Discussion
Week - 3 Labor Market: Labor, Class, and Precarity • Flexibilization and precaritization • Decline in unionization rates • Female labor and patriarchal structure • Informality and the informal economy Lecture Discussion
Week - 4 Growth Regime and Capital Accumulation • Statist accumulation regime (1930–1980) • Neoliberal accumulation regime (post-1980) • Financialization Lecture Question & Answer Discussion
Week - 5 Income Distribution and Poverty in Turkey Lecture Question & Answer Discussion
Week - 6 Public Finance and the Class Character of the State • Public expenditure and revenue • Class analysis of the tax structure • The predominance of indirect taxes • Public-private partnership (PPP) • Fiscal discipline and capital confidence Lecture Question & Answer Discussion
Week - 7 Internal and External Debt • External debt and financial dependency • IMF and structural adjustment • CDS premiums and market discipline • Debt sustainability and sovereignty Lecture Question & Answer Discussion
Week - 8 Agriculture: The Decline of the Small-Scale Producer • Agricultural production and resources • Neoliberal transformation in agriculture • Structural problems of the agricultural sector Lecture Question & Answer Discussion
Week - 9 Industrial sector State Economic Enterprises and their importance in the economy, SEEs and privatization Lecture Discussion
Week - 10 The Service Sector in Turkey Lecture
Week - 11 National Income, Poverty, and Income Distribution Lecture Discussion
Week - 12 Capital Markets and Financial Liberalization 1989 liberalization of the capital account Central Bank independence Institutional transformation Crises and the IMF: 1994, 2001, 2018 Lecture Discussion
Week - 13 Foreign Trade and Global Value Chains Lecture Discussion
Week - 14 Balance of Payments and International Investment Position Lecture Discussion

  • End Poverty No more hunger Health and Quality of Life Quality Education Accessible and Clean Energy Decent Work and Economic Growth Industry, Innovation and Infrastructure Reducing Inequalities Responsible Production and Consumption

  • Economics, Finance and Management

  • Open-Ended Test

Assessment Method and Passing Requirements
Quamtity Percentage (%)
Toplam (%)

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