IER 406 – Contemporary Economic Systems

IER 406 – Contemporary Economic Systems; Weekly hours: 2+1, ECTS: 4
The main objective of this course is to increase students’ knowledge of contemporary economic systems and to show the applications of various economic systems in daily life. The course covers the following topics: Introduction, Different Aspects of Economic Systems’ Analysis, Economic Principles and Indivisibilities in the Firm Intensive System, Uncertainties and Externalities in the Firm Intensive System, Collectivities and Income Distribution in the Firm Intensive System, Polity Functioning and National Accommodations in the Firm Intensive System, The State Intensive System, The State Intensive System: Economic Transitions, Economic Systems in the Developing World (Regional Differences), Economic Systems in East Asia and Pacific, Economic Systems in Middle East, North Africa, and Arab Gulf, Turkey’s Economic System, A Social  Accounting Approach, Social Accounting Approach applications to countries of Western and Eastern Europe.