Courses
ECON 344
Theoretical and empirical examination of economic problems in urban areas. Formation and development of cities: city size and patterns of urban growth, land rent and land-use patterns within metropolitan areas. Urban problems: housing, transportation, poverty, education, crime; sorting issues. Local government spending and revenue.
ECON 352
ECON 355
ECON 358
ECON 370
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 351
ECON 354
ECON 357
ECON 360
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 411
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 350
Topics will be announced when offered.
ECON 353
ECON 356
ECON 359
ECON 380
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.
