Course Title Course Code Program Level
HISTORY OF ECONOMIC THOUGHT ULT301 International Trade B.A. / B.Sc.

Course Term
(Course Semester)
Teaching and Learning Methods
Theory Practice Lab Projects/Field Work Seminars/Workshops Other Total Credits ECTS Credits
42 84 126 3 5

Teaching Staff
Language of Instruction Türkçe (Turkish)
Type Of Course Compulsory
Recommended Optional Programme Component
Course Objectives In this lesson, basically, the close relationship between ideology and economic thought are examined. This course teaches the liberal mercantilist doctrine and classical schools located in Physiocrasy are examined in detail. In particular, these teachings and schools for the analysis focuses on capital accumulation
Course Content Capitalist societies began to emerge from the stage of commercial capitalism of the 19th century until the middle prevailing doctrine formed and affiliated schools are examined.
Learning Outcomes (LO) 1 To understand the theory of Economics 2 To learn the basic starting point of economic theory 3 To discuss the philosophy of economic theory
Mode of Delivery Face to face
Course Outline
Week Topics
1. Week Assay Methods in Economic Thought
2. Week Assay Methods in Economic Thought
3. Week Emergence of Capitalism
4. Week Emergence of Capitalism
5. Week Liberal Doctrine and Laissez-Faire: The Philosophy of Economic Liberalism
6. Week Physiocrates School
7. Week Classical School
8. Week Marxist or Marxist Socialism
9. Week Neo-Classical School
10. Week Top Down, abstraction, rationalism Response Method: Historian School and Institutional Economics Approach
11. Week Self-Balance Approach to Full Employment Act or Say Response: JM Keynes
12. Week Self-Balance Approach to Full Employment Act or Say Response: JM Keynes
13. Week Replies to Keynes's Response: Monetarism, Rational Expectations
14. Week Replies to Keynes's Response: Monetarism, Rational Expectations
Mid-term (%) 40
Quizes (%)
Homeworks/Term papers (%)
Practice (%)
Labs (%)
Projects/Field Work (%)
Seminars/Workshops (%)
Final (%) 60
Other (%)
Total(%) 100
Course Book (s) and/or References 1. Henri Denis, Ekonomik Doktrinler Tarihi, Sosyal Yayınlar, 3. Basım, Ankara, 1997. 2. Gülten Kazgan, İktisadi Düşünce veya Politik İktisadın Evrimi, Remzi Kitabevi, İstanbul, 2009. 3. E. K. Hunt, İktisadi Düşünce Tarihi, Çev. Müfit Günay, Dost Kitabevi, Ankara, 2005. 4. J. K. Galbraith, İktisat Tarihi, Çev. Müfit Günay, Dost Kitabevi, Ankara, 2004. 5. Helibroner L. Robert İktisadi Düşünürler: Büyük İktisadi Dünürlerin Yaşamları ve Fikirleri, Ankara, 2008 6. Vural Fuat Savaş, İktisatın Tarihi, Liberal Düşünce Topluluğu Yayınları, İstanbul, 1997. 7. Ben Fine, Gerd Hardach, Dieter Karras, Sosyalist İktisadi Düşüncenin Kısa Tarihi, Çev. Sabri Çaklı, İmge Kitabevi, Ankara, 1993. 8. Robert B. Ekelund, Jr. ve Robert F. Hebert, A History of Economic Theory and Method, McGraw Hill Publishing Company, Londra, 1990. 9. S.G. Medema ve W.J. Samuels, eds, The History of Economic Thought: A Reader, Routledge, Londra, 2003. 10. Anthony Brewer, Marxist Theories of Imperialism: A Critical Survey, Routledge, Londra, 1989. 11. Aydın Yalçın, İktisadi Doktrinler ve Sistemler Tarihi, Ekonomik ve Sosyal Yayınlar, Ankara, 1976. 12. Vural Fuat Savaş, “Varsayalım ki” İktisat, Nobel Dağıtım, Ankara, 2007. 13. Douglas Dowd, Capitalism and Its Economics: A Critical History, Pluto Press, Londra, 2004. 14. Sencer Divitçioğlu, Değer ve Bölüşüm: Marxist İktisat ve Cambridge Okulu, İstanbul Üniversitesi Yayınları, İstanbul, 1976.
Work Placement(s)
The Relationship between Program Qualifications (PQ) and Course Learning Outcomes (LO)


PQ 1

PQ 2

PQ 3

PQ 4

PQ 5

PQ 6

PQ 7

PQ 8


PQ 10

PQ 11

PQ 12

PQ 13











































* Degree of Contribution: 1 Very Low 2 Low 3 Medium 4 High 5 Very High