ECON 358 / SELECTED TOPICS IN ECONOMICS
Sınıf: Units: 3Pre-requisites:

ECON 359 / SELECTED TOPICS IN ECONOMICS
Sınıf: Units: 3Pre-requisites:

ECON 360 / MONEY AND BANKING
Sınıf: Units: 3Pre-requisites: ECON. 202

Theoretical and empirical examination of commercial bank operations with specific reference to the Turkish Banking industry. Money supply and demand; the role of commercial banks in the economy and their regulation by monetary authorities; stability of the financial system; bank contracts and their pricing and management with respect to interest rates; inflation and credit risk; securitization of bank assets; factors behind the rapidly growing non-bank sources of corporate funds; the future of banking.

ECON 370 / ECONOMIC DEVELOPMENT
Sınıf: Units: 3Pre-requisites: ECON. 202

Common characteristics of developing countries; the role of institutional infrastructure in economic development; alternative theories of development. Economics of growth: capital, labor, human capital and technology. Income distribution and poverty; population growth; urbanization; migration; education; the environment; agricultural progress in the process of economic development.

ECON 380 / ECONOMICS OF GROWTH
Sınıf: Units: 3Pre-requisites:

Theories of economic growth that explain differences in the level as well as the growth rate of income per capita across countries and time. Empirical research motivated by and, in return, led to the development of new models of economic growth. The Harrod-Domar, Solow-Swan growth models that focus on the role of physical capital, population growth, technical change, human capital, land and other natural resources in the growth process. The Cambridge theories of growth that focus on growth and income distribution. Productivity decline, conditional and unconditional convergence, and income distribution across countries. Endogenous growth models and the scope of institutional factors and government policies in the growth process.

ECON 411 / ECONOMETRICS I
Sınıf: Units: 3Pre-requisites: Prerequisite:ECON 312 or 314

Joint probability distributions, moments, conditional distributions, conditional expectation function, best prediction; bivariate normal; random sampling and sampling distributions; estimation; inference; introduction to asymptotic theory. Linear regression: least squares method, simple and multiple regression; classical regression model, inference and applications. Extensions: generalized regression; nonlinear regression; instrumental variables; maximum likelihood method; specification testing.

ECON 412 / ECONOMETRICS II
Sınıf: Units: 3Pre-requisites: ECON 411/511

Overview of least squares techniques; departure from standard assumptions: generalized least squares, instrumental variables estimation and generalized method of moments; maximum likelihood estimation; generalization to models with multiple dependent variables: Seemingly Unrelated Regressions, Vector Auto-Regressions, Simultaneous Equations Models; Introduction to Time Series Econometrics.

ECON 422 / FINANCIAL GLOBALIZATION AND EMERGING MARKETS
Sınıf: Units: 3Pre-requisites: (ECON. 202 and ECON. 322) or consent of the instructor

International financial markets and emerging market economies: the context, record, and recent developments; Recent developments in exchange rate and monetary policy regimes; Financial crisis in emerging markets and industrial economies: key issues and lessons; IMF: Its role, functions, and critiques; Issues surrounding public debt and sovereign defaults.

ECON 430 / EXPERIMENTAL ECONOMICS
Sınıf: Units: 3Pre-requisites: (ECON. 201 and ECON. 333) or consent of the instructor

The use of laboratory and field experiments as a data collection method for understanding economic decisions and testing economic theories; how to design a good and valid economics experiment, the methodology of experimental design. The topics that will be studied theoretically and experimentally in the course include decision-making under risk and uncertainty, decision-making over time and related psychological phenomena/biases, market experiments, bargaining experiments, social preferences, fairness and altruism, incentive schemes and motivation, gender and economic decisions.

ECON 432 / ECONOMICS OF INFORMATION AND CONTRACTS
Sınıf: Units: 3Pre-requisites: Prerequisite:ECON 201, LAW 435 and Econ/mgec 333

Analysis of problems created by informational asymmetries between agents and how to design contracts to solve these problems; Topics covered include adverse selection, screening, signaling, and moral hazard; Applications to insurance, labor, and credit markets, auctions, and corporate finance.

ECON 450 / SELECTED TOPICS IN ECONOMICS
Sınıf: Units: 3Pre-requisites:

Topics will be announced when offered.

ECON 451 / SELECTED TOPICS IN ECONOMICS
Sınıf: Units: 3Pre-requisites: ECON. 101 and ECON. 102

Topics will be announced when offered.

ECON 452 / SELECTED TOPICS IN ECONOMICS
Sınıf: Units: 3Pre-requisites:

Topics will be announced when offered.

ECON 453 / SELECTED TOPICS IN ECONOMICS
Sınıf: Units: 3Pre-requisites:

Topics will be announced when offered.

ECON 454 / SELECTED TOPICS IN ECONOMICS
Sınıf: Units: 3Pre-requisites:

Topics will be announced when offered.

ECON 455 / SELECTED TOPICS IN ECONOMICS
Sınıf: Units: 3Pre-requisites:

Topics will be announced when offered.

ECON 456 / SELECTED TOPICS IN ECONOMICS
Sınıf: Units: 3Pre-requisites:

Topics will be announced when offered.

ECON 457 / SELECTED TOPICS IN ECONOMICS
Sınıf: Units: 3Pre-requisites:

Topics will be announced when offered.

ECON 458 / SELECTED TOPICS IN ECONOMICS
Sınıf: Units: 3Pre-requisites:

Topics will be announced when offered.

ECON 459 / SELECTED TOPICS IN ECONOMICS
Sınıf: Units: 3Pre-requisites:

Topics will be announced when offered.

ECON 480 / THE ECONOMICS OF INSTITUTIONS
Sınıf: Units: 3Pre-requisites:

This course will examine the role played by institutions and political economy considerations in determining overall economic performance. The course aims to describe the role and evolution of institutions in economic growth, to understand basic models of politics, and to provide an introduction to the dynamic effects of fiscal and monetary policy. By the end of the course, students should be able to understand the the role of institutional failure, models of governance and mis-governance, optimal fiscal policy, and the concepts of reputation, credibility, and time inconsistency.

ECON 481 / TURKISH ECONOMY
Sınıf: Units: 3Pre-requisites: ECON. 202 or consent of the instructor

Introduction to Turkish economy and Turkish economic institutions: Recent history of the economy; Inward vs outward strategies, political institutions and long-term growth performance; Short-run economic fluctuations, inflation and unemployment; Monetary, fiscal and ex change rate policies; Trade and international competitiveness of the industry; Capital flows, foreign direct investment and privatization; Impact of the local and global financial crises on the economy.

ECON 483 / TRACKING THE TURKISH ECONOMY
Sınıf: Units: 3Pre-requisites: (ECON. 202 and ECON. 360) or consent of the instructor

Macroeconomic analysis of daily developments in the Turkish economy; Analysis of key concepts and data; How to use macroeconomic identities in policy analysis; The analysis of Turkey?s growth and inflation record; Measures of fiscal position, fiscal adjustment and debt sustainability; The balance sheet of the Central Bank; How Turkish Central Bank conducts monetary policy; Balance of payments developments; Analyzing vulnerabilities and sovereign risk.

ECON 490 / INDEPENDENT STUDY
Sınıf: Units: 3Pre-requisites: