Kocaeli University / European Credit Transfer System (ECTS)

Name of Lecturer(s)

Prof. Dr. Selçuk KOÇ
Associate Prof. Dr. Gülten DURSUN

Learning Outcomes of the Course Unit
Program Competencies-Learning Outcomes Relation

Learning Outcomes of the Course Unit

1) Evaluate the history of economic growth and economic growth throughout history.
2) Analyze the stylized facts and empirical stability of growth
3) Model grawth, evaluate the nature of the neoclassical model and comment on the differences in prosperity of nations
4) Comment on the alternative theses onThe Economic Growth- Neo Ricardian Model, Marx
5) Analyze the internalization of neoclassical growth
5) Analyze the internalization of neoclassical growth
6) Make inferences with the help of a R&D driven growth model
7) Evaluate development policy proposals of new growth theories.

Program Competencies-Learning Outcomes Relation

		Program Competencies
		1	2	3
Learning Outcomes
	1	High	High	High
	2	Middle	Middle	Middle
	3	High	Middle	High
	4	High	High	High
	5	High	High	High
	5	High	High	High
	6	High	High	High
	7	High	High	High

Mode of Delivery

Face to Face

Prerequisites and Co-Requisites

None

Recommended Optional Programme Components

Macro Economics

Course Contents

This course equips candidates with in-depth knowledge on classical and Marx's classical growth theories, Keynesian static analysis, Harrod-Domar's growth models, Neo-Classical growth: R. Solow, endogenous growth theories

Weekly Schedule

1) Syllabus and Introduction
2) Economic Growth and Economic Growth in History
3) Stylized Facts and Empirical Regularities of Growth
4) Modeling of Growth
5) Neoclassical Growth and Solow Growth Model
6) Alternative Theses on Growth
7) Endogenous Growth Theory: Definition, History, and Criticism
8) Mid-term exam
9) Knowledge Economy and Innovation: R & D-driven Growth
10) Indirect Technological Development and Model-Based Competitive Markets, Romer Knowledge Spillovers (Learning by doing) Model
11) Lucas' Human Capital Model, Rebelo AK Model
12) Barro's Public Expenditure Model
13) Direct Technological Development and Models Based on Non-Competitive Markets, Romer's Model of Horizontal Product Development: R & D Based Endogeneous Technological Development
14) Grossman and Helpman's Vertical Product Development Model: Quality and Steps
15) Student Presenatation
16) Final Examination

Planned Learning Activities and Teaching Methods

1) Lecture
2) Question-Answer
3) Discussion
4) Drill and Practice
5) Group Study
6) Brain Storming
7) Self Study
8) Problem Solving

Assessment Methods and Criteria

Contribution of Semester Studies to Course Grade

50%

		Number	Percentage
Semester Studies	Midterm Examination	1	40%
	Quiz	1	30%
	Presentation/Seminar	1	30%

Contribution of Final Examination to Course Grade

50%

Total

100%

Language of Instruction

Turkish

Work Placement(s)

Not Required

Course Unit Title	Course Unit Code	Type of Course Unit	Level of Course Unit	Year of Study	Semester	ECTS Credits
Modern Growing Theory	IGI113	Compulsory	Master's degree	1	Fall	6