Loading, please wait.
Economics Department

Course Contents

SPS 101 Humanity and Society I (2,2) 3 AKTS 5

Combining elements of social and economic anthropology with the history of political thought, the Humanity and Society I course at Ibn Haldun University is both denser in content and more analytical rather than narrative in approach. As against a smooth evolutionary continuity, it visualizes development and progress more in terms of a step-function of discrete (hunting-gathering, agricultural, and industrial) thresholds. These represent the material-technical limits of the possible, setting agendas and posing problems, to which social formations are perceived as responding with not just one but a whole range of institutional solutions, each with its own mode(s) of ideological legitimation. Such combinations of forms of production, coercion and persuasion are further conceptualized as being nurtured in different environments and/or distinct cultural traditions.

HUM 101 The World Through Art And Literature I (2,2)  3 AKTS 5

The World through Art and Literature I course asks students to extend their knowledge and experience of the arts while developing their critical and reflective abilities. In this course, students interpret and analyze particular creative works, investigate the relations of form and meaning, and through critical and/or creative activity, come to better understand the original audience that witnessed a work of art and how its meaning and significance changes over time. This course is also intended to fulfill the English course requirements of the students given the fact that the course material will include written and visual pieces of arts whose various specific features will be read and discussed through various perspectives. In this way, the skills of the students related to analytical thinking, reading, interpreting, writing and expressing by using English are supposed to be developed.

NS 101 Nature I (2,2)  3 AKTS 5

This course is intended to make students from various backgrounds to make familiar with the basic concepts, methodologies and theories of natural sciences. Together with a historical perspective, the course will present basic knowledge about fundamental axioms and theories of physics, chemistry, biology in addition to the scientific methodology. In this way, the students will develop their skills in asking scientific questions, developing and testing models to find reasonable answers to those questions. 

MATH 101 Quantative Reasoning I (2,2) 3 AKTS 5  

 This course is designed to develop the topics of differential and integral calculus. Emphasis is placed on limits, continuity, derivatives and integrals of algebraic and transcendental functions of one variable. Upon completion, students should be able to select and use appropriate models and techniques for finding solutions to derivative-related problems with and without technology. Furthermore, the course will be designed with special emphasis on the application of the calculus to problems and issues related to the realms of business management and economics.

GE 100 Introduction to  University  Life (Orientation) (1,0)  1 AKTS 5  

This course provides an introduction to university’s academic and social environment by a series of activities, which might involve talks by university administrators and guest speakers, workshops, concerts and departmental tours. Introduction of the university’s computing facilities, library services and sporting facilities are also among other activities of this orientation program.

ECON 101 Principles of Microeconomics (2,2) 3  ECTS 5

This is an introductory undergraduate course that teaches the principles of microeconomics. This course introduces microeconomic concepts, supply and demand analysis, theories of the behavior and decision making on the part of individuals, business firms, and governments, competition and monopoly, and welfare economics. The use of microeconomic applications to address problems in current economy is also provided throughout the semester.

SPS 102 Humanity and Society II (2,2)  3 AKTS 5

This complementary course is devoted to the emergence, successive agendas, dynamism and tortuous byways of modernity in both its Western and non-Western forms. Topics dealt with include: the diverse manifestations of an inquisitive, acquisitive, aggressive individualism (from the Renaissance to the European Reconnaissance); the first generation of (merchant) empires; the military revolution and the genesis of the modern state; changes in ways of knowing; the separation of the public and the private; the industrial and the French revolutions; nations and nationalism; the construction of mass democracy; and forms of dictatorship and totalitarian rule. Special attention is paid to the complexity of modernity with pre-modernity that results from both colonial and non-colonial patterns of incorporation of the periphery into the world -system. The course then converges with the science of nature to conclude with an examination of possible agendas for the 21st century resulting from the social and environmental impact of new technologies in the context of globalization.

HUM 102 The World Through Art and Literature II (2,2) 3 AKTS 5

This follow-up course is designed to develop the topics covered at the first semester version of the course. As its first semester counterpart, the course will also focus on works of art or literature, however the process of analysis may include social, cultural, and historical issues. Genres covered in this domain include literature, the visual arts, media arts, the performing arts, music, and theater. As in the case of the first semester, this second part of the course is also to fulfill the English language requirements of the students. 

NS 102 Nature II (2,2) 3 AKTS 5 

HIST 101 History of Modern Turkey I (2,2) 3 AKTS 5

This course is designed to fulfill the requirement to make students familiar with the history of modern Turkey. For this purpose, the course will include the study of chief intellectual currents and figures from the late nineteenth century to the Second World War  through the analyses of movements of thought like modernism, conservatism, Kemalism, socialism, nationalism, and Islamism.

TLL 101 Modern Turkish Literatüre I (2,2) 3 AKTS 5

This course will examine the development of modern Turkish literature, by bringing to the fore the entanglement of literary and political currents from the 1940s to the present. We will shift our focus to postmodern experimentations in Turkish literature. While we will look at examples of modern Turkish poetry and short story, our focus in this course will be particularly on the development of the Turkish novel. The course will fulfill the Turkish language course requirement as well.

LAW 101 Introduction to law (2,2) 3  AKTS 5

This course introduces students to legal concepts, principles and procedures. The course is designed to provide students with an understanding of the structure of the Turkey legal system including the role of the judicial, legislative, and executive branches; the role of attorneys, law enforcement and other legal professionals; categories of law; litigation principles; and alternative dispute resolution. The course will be built upon the fundamentals of Civil Law and The Law of Obligations. The course involves substantial reading and writing.

HIST 102 History of Modern Turkey II (2,2) 3 AKTS 5

This complementary course provides an understanding the recent history of Turkey from the Second World War to date from the viewpoints of political, social, economic and cultural aspects.

TLL 102 Modern Turkish Literature II (2,2) 3 AKTS 5

As the continuation of the first semester course, the lecture will focus on the piece of arts produced in Turkish literature in forms of novels, short stories, drama, poetry, essays, journalism and literary criticism from 1950s to present. The written and visual material will be discussed under the basic concepts and methods of literary movements such as romanticism, realism, naturalism, nationalism by referring to ethics and aesthetics. In addition, influence of Western literature on Turkish literature, the leading authors’ works of contemporary literature will be examined and evaluated by intertextual approaches.

ECON 102 Principles of Macroeconomics (2,2) 3 ECTS 5

This introductory course provides an overview of fundamental macroeconomic issues including the determination of income and output, employment, unemployment, interest rates, and inflation. Important concepts such as money, banking, taxation, international trade, exchange rates, and the balance of payments are also discussed. The course illustrates principles with the experience of Turkey and selected foreign economies.

STAT 201 Statistics I (2,2) 3  ECTS 5

This is an introductory course on statistics, with examples to demonstrate its applications in business and economics. There will be a strong emphasis on the descriptive statistics, concepts and application of probability theory, random variables, univariate and bivariate distributions, sampling theory, statistical inference, correlation and linear regression.


STAT 202 Statistics II  (2,2) 4 ECTS 5

This course provides a precise and accurate treatment of probability, distribution theory and statistical inference. As such there will be a strong emphasis on mathematical statistics as important discrete and continuous probability distributions are covered such as the Binomial, Poisson, Uniform, Exponential and Normal distributions. Several applications are demonstrated using statistical computer programs.

ECON 201 Intermediate Microeconomics (2,2) 3  ECTS 5

The aim of this course is to give students the basic concepts and the necessary tools for understanding microeconomics at an intermediate level. The course covers broad areas in microeconomics including the consumer theory, the theory of the firm, general equilibrium and welfare, game theory, oligopolistic markets and information economics. This course also provides an introduction to basic topics such as game theory, externailities, public goods, incomplete information settings, signaling, screening, insurance, auctions and mechanism design.

ECON 202 Intermediate Macroeconomics (2,2) 3 ECTS 5

This course uses detailed tools of macroeconomics to study various macroeconomic issues. The issues range from economic growth and inequality, fiscal policy and economic stability. Topics in this course including the determination of gross domestic product, investment, consumption, unemployment, interest rates, wage rates, and inflation are analyzed in depth.

MATH 101  Quantative Reasoning (2,2) 3 ECTS 5

This introductory mathematics course aims to give students basic tools that are beneficial thrughout whole program. The course includes most of the elementary topics in the theory of functions, limits, continuity, derivatives, graphing, equations, techniques of integration and applications in business and economics.


MATH 102 Mathematics  for Business and Economics (2,2) 3   ECTS 5

While the course necessarily includes some discussion of theoretical notions, it s primary objective is to provide students benchmark mathematics tools. It contains detailed techniques of integration, treatment of infinite series, volumes and surface areas of solids of revolutions, improper integrals, sequences and infinite series, power series, taylor series, an introduction to vectors and vector calculus in 2-space and 3-space, parametric equations, partial derivatives.

ECON 204 Mathematical Economics  (2,2) 3  ECTS 5

This course provides essential mathematical techniques for students interested in Economics. It covers the basic topics of multivariate calculus including vectors and vector functions, partial derivatives, multiple integrals, and Lagrange multipliers. The course also gives an introduction to the topic of optimization, including linear programming, the simplex method, the duality theorem, and the Kuhn-Tucker theorem.

ECON 301 Econometrics I(3,2) 4  ECTS 5

In this course, major goal is to serve students to undertake serious empirical work. The course mainly focuses on the specification and estimation of the linear regression model. The course provides not only basic notions such as standard Gauss-Markov assumptions and violation of the assumptions such as heteroskedasticity, serial correlation and errors in variables, but also advanced topics including generalized least squares, instrumental variables, nonlinear regression, and limited dependent variable models. Economic applications and computer work are also discussed throughout the course.

ECON 302 Econometrics II  (3,2) 4  ECTS 5

Aiming to provide the basic tools of applied econometric analysis, this course gives a thorough introduction to the problem of endogeneity with possible treatments, time series regressions, linear panel models, and some advanced topics such as nonlinear probability and censored outcomes models.


ECON 303 Industrial Economics (3,0) 3 ECTS 5

This course mainly examines the structure and behavior of firms within industries. The course tries to understand the structure, conduct, and performance of firms by studying analytical models of imperfect competition, determinants of industrial structure, entry in strategic settings, government regulation of natural monopolies, and markets with asymmetric information. Lectures are empowered with selected case studies.


ECON 304 Game Theory  (3,0) 3  ECTS 5

This course introduces the basic ideas and applications of game theory. Topics include models of higher order beliefs, signaling, bargaining, repeated games, reputation, supermodular games, and global games. It also introduces cooperative solution concepts—Nash bargaining solution, core, Shapley value and develops corresponding non-cooperative foundations.


ECON 305 International Economics (3,0) 3 ECTS 5

In this course, international economics with an emphasis on international trade is mainly covered. This course introduces basic theories of international trade and analyzes welfare and distributional effects of international trade, government policies, and technology diffusion. In addition, this course provides empirical aspects of international trade and international investment.


ECON 306 Money, Banking and Financial Institutions (3,0) 3 ECTS 5

Aim of this course is to cover economic theories and topical issues in money, banking and financial institutions. The course discusses topics including the definition of money, supply & demand of money, money creation process, central banking, commercial banking and other financial intermediaries, and their roles in the monetary policy. Turkish data and institutions will be emphasized throughout the course.


ECON 401 History of Economic Thought (3,0 ) 3  ECTS 5

The development of economic thought through the eyes of Eastern and Western traditions is mainly evaluated in this course with exploring economic thought in the context of the 20th Century. This course allows students to develop a critical understanding of the influence of evolving economic thought on contemporary global economics.


ECON 402 Turkish Economy (3,0) 3  ECTS 5

The objective of this course is to familiarize the students with the history and current status of the Turkish economy. The students will have exposure to past and current challenges of a emerging economy within the global economic system. The course will cover macroeconomic such as income, production, fiscal and monetary policies as well as sectoral topics namely banking, capital markets, construction, transportation.







ECON 401 Advanced Microeconomics (3,0) 3  ECTS 5

This is an advanced course in microeconomics covering the main topics of microeconomics from consumer and producer behavior, partial and general equilibrium, behavior under uncertainty, game theory and asymmetric information. Selected applications are provided for the topics of principal-agent models, bargaining, auctions, insurance markets, labor markets, herd behavior, voting. Additionally, sub areas of microeconomics such as experimental economics and behavioral economics are also delivered throughout the course.


ECON 402 Advanced Macroeconomics (3,0) 3 ECTS 5

This advanced course seeks to bring students to the research frontier in macroeconomics. The course is divided into two sections. The first section covers topics such as how to formulate and solve optimal problems. Students get information on fiscal and monetary policy, among other issues. The second section contains recent work on multiple equilibria, applications in economic growth, real business cycles and political economy.


ECON 403 Economics of Growth and Development (3,0) 3 ECTS 5

In this course, students examine theories and issues, internal and external challenges, and alternative policy options relating to sustainable economic development. Topics include basic definitions and theories of economic development, indicators of economic growth and development, a critical historical approach to the development problem, various economic development and growth theories in comparative perspective. International agencies and coordinated efforts in economic development processes are also appraised within a theoretical reference.


ECON 404 Project Evaluation (3,0) 3 ECTS 5

This course takes students through the prior knowledge of planning, evaluating, financing and managing projects at the micro and macro levels. With this course, various tools of economic planning and project appraisal are examined, including investment criteria, and economic analysis of projects. The course also covers the discussion of sustainable planning, project feasibility and cost benefit analysis.


ECON 405 Globalization and Emerging Markets (3,0) 3 ECTS 5

This course has the main focus on the globalization and its effects on the development of international business in emerging economies. Aim of the course is to understand the complexity of globalization and how emerging economies cope with its constraints and opportunities. The unit of analysis of the course ranges from countries to multinational and domestic companies in emerging markets. Students are asked to take the perspective of different decision-makers, such as politicians, investors, and managers.


ECON 406 Islamic Economics and Finance  (3,0) 3 ECTS 5

This course is an introduction to understand the Islamic economics and finance. The aim of the course is to teach the main theories and practices of Islamic economics and finance using basic concepts. Starting from the origins and historical background of Islamic Economics and finance to understand the paradigm, this course then examines the Islamic rule system and financial instruments. In the main part of the course, Islamic capital markets and the banking sector are emphasized. This course also focuses on Turkey’s experience and shows how Islamic economics and finance is positioned within the Turkish financial sector.


ECON 407  Public Finance (Kamu Maliyesi) (3,0) 3 ECTS 5

This course provides a broad introduction to the economic analysis of public policy issues. Main focus of the course is on the development of analytical tools and their application to key policy issues relating to the spending, taxing and financing activities of government. Particular emphasis is given to recent developments in public economics, including findings from current research, in areas such as behavioral public economics, new empirical methods and policy innovations.


ECON 408 International Finance  (3,0) 3 ECTS 5

Aim of this course is to understand the theory of international finance and on its real world applications from a business point of view. The course focuses on foreign exchange markets and world capital markets (banking, debt and equity) which are necessary to carry out a sound and effective management of the firm from a financial point of view. This course also covers hedging strategies, risk management, asset and liability management as well as international corporate governance and control.


ECON 409 Labor Economics  (İşgücü Ekonomisi) (3,0) 3  ECTS 5

This course examines the working mechanisms of labor market, the factors determining labor demand and supply, the process of determining wages and the effects of minimum wage applications, which aims to gain the ability to make analysis about labor market which is one of the markets examined in economics. In addition, the contribution of human capital to development, the role of education in the development of human capital, migration, unemployment, unions and non-formal sectors will be addressed.


ECON 411 Transport Economics  (3,0) 3 ECTS 5

The aim of the course is to provide the students who are interested in this area as a whole with the ability to make economic analysis of the transportation sector and to understand the contributions of the transportation sector to the economic development. The course also seeks to develop an understanding of various analytical techniques of managerial economics that facilitate decision-making in the areas of production and costs, demand, pricing, investment and government regulation and intervention in the transport sector.


ECON 412 Economics of Innovation and Technology (3,0) 3 ECTS 5

In this course, relationship between knowledge-based structure and economic development and the impact of innovation on competitiveness ara studied. The role of creativity in the process of achieving sustainable competitive advantage is analyzed by examples from individuals, companies and countries. It also discusses current practices and case studies using global data clusters, in which theoretical models of research and development, intellectual property rights and patent economics are passed on to the students through the innovation indicators.


ECON 413 Real Estate and Urban Economics (3,0)  3 ECTS 5

The aim of this course is to examine the economic activities in the real estate, construction and building sectors from an academic point of view and to analyze urban economics. At the beginning of the course, economic models and applications for the housing sector and financing are covered, followed by the construction and operation economics of commercial real estate. This model of models and applications of real estate products in banking and capital markets is studied in detail, with simulations and calculations of some of these products. This course also focuses on the financing dimension of the issues such as smart urbanization, urban transformation and green building, and its impact on economic growth.


ECON 414 Energy Economics (3,0)  3  ECTS 5

In this course, the theoretical and empirical approaches of the main energy sources such as oil, natural gas, coal and electricity will be examined and the theoretical and empirical approaches of the processes in the spot and future markets will be examined. Additionally, impacts of the usage of energy and natural resources on economic development will be discussed.


ECON 415 Health Economics (3,0)  3 ECTS 5

This course aims to provide an economic perspective to the functioning of the health sector. It also deals with the role of health services in the economy, factors that determine supply and demand in the health sector, regulation of the provision of efficient health services and issues such as public policies, investments in health services, different financing models.


ECON 421 Time Series Econometrics  (3,0)  3  ECTS 5

In this course, not only qualitative advanced forecasting methods are addressed, but also different time series modeling approaches, regression analysis and econometric modeling are explained. In the course, the characteristics of the time series will be emphasized, and the model selection will be taught to make the best guess for the structure of the given data. Software programs, namely E-views and RATS, will be used during the course work.


ECON 422 Panel Data Econometrics (3,0) 3  ECTS 5

In addition to the course on the analysis of time series, this course aims to acquire the skill of developing different models for understanding the relations between economic variables. In the course, different approaches used in modeling of panel data, problems encountered in estimating these models and related econometric methods are explained. In the course, applications will be made using STATA, statistical software program.


ECON 423 Forecasting in Financial Market (3,0) 3  ECTS 5

This course will introduce students to some widely-used models used to study and forecast financial markets and familiarize them with the properties of financial data. The models to be covered include autoregressive and ARMA models, GARCH models for volatility forecasting, Value at-Risk models, and models using high frequency (intra-day) asset prices. Students will be expected to learn and apply the statistical software package MATLAB to implement the models covered in class on real data.


MATH 421 Linear Algebra (3,0) 3  ECTS 5

This course takes a concrete approach to the basic topics of linear algebra. Topics in this course include vector geometry, systems of linear equations, vector spaces, matrices and determinants, and eigenvalue problems.


MATH 422 Differential Equations (3,0)  3 ECTS 5

This course provides an introduction to topics involving ordinary differential equations. Topics covered are the development of abstract concepts and applications for first-order and linear higher-order differential equations, systems of differential equations, numerical methods, series solutions, eigenvalues and eigenvectors, and Laplace transforms.