Course Name Code Semester T+U Hours Credit ECTS
Philosophy Of Economics IEF 522 0 3 + 0 3 6
Precondition Courses
Recommended Optional Courses
Course Language Turkish
Course Level yuksek_lisans
Course Type Optional
Course Coordinator Prof.Dr. MEHMET EMİN ALTUNDEMİR
Course Lecturers
Course Assistants
Course Category
Course Objective The purpose of course is to explain the origin, historical roots and philosophical sources of economics. Developing the critical abilities of students about mainstream economics is also one of the aims of this course.
Course Content This course proceeds in three themes. First, it takes into consideration the philosophical and historical roots of economics. The transition from political economy to economics, differantiation of traditions are analyzed.

Second, epistemology and methodolgy of economics would be analyzed. The relationship between methodology of economics and philosophy of science in the first half of twentieth century will be discussed in detail.

Third, the course focuses on ethics and onthology of economics. It reviews and discuss the literatüre on ethics and onthology.
# Course Learning Outcomes Teaching Methods Assessment Methods
1 To clarify the relationship between philosophy, social science and political economy. Lecture, Question-Answer, Discussion, Drilland Practice, Testing, Homework, Performance Task,
2 To demonstrate the Western origins of mainstream economics Lecture, Question-Answer, Discussion, Drilland Practice, Problem Solving, Testing, Homework, Performance Task,
3 To explain the reasons of hegemony of mainstream economics Lecture, Question-Answer, Discussion, Problem Solving, Testing, Homework, Performance Task,
4 To emphasize the importance of the existence of heterodox schools. Lecture, Question-Answer, Discussion, Testing, Homework, Performance Task,
5 To explain the intellectual origins of heterodox schools.
6 To discuss the term of value free analysis in economics
7 To explain the role of ethics in economics
8 To discuss economics as a neutral language
9 To understand the relations between economics and neigbouring disciplines.
Week Course Topics Preliminary Preparation
1 The relation between economics and philosophy İktisadı felsefeyle düşünmek, Ozan İşler ve Feridun Yılmaz; Rasyonalite, Feridun Yılmaz
2 From political economy to economics İktisatçılar ve insanlar, Ayşe Buğra
3 Orthodox and heterodox economics
4 Radical political economy, institutional economics, and austrian economics İktisatçılar ve insanlar, Ayşe Buğra
5 Economics and other social sciences İktisatçılar ve insanlar, Ayşe Buğra
6 Historical roots of mainstream economics İktisatçılar ve insanlar, Ayşe Buğra
8 Developments in 20th century philosophy of science Bilim Felsefesi, Ömer Demir
9 Philosophy of science and economics İktisat metodolojisi, Ömer Demir
10 Developments in economic methodology İktisat metodolojisi, Ömer Demir
11 Economics and postmodernism İktisat metodolojisi, Ömer Demir
12 Ontology and economics İktisat metodolojisi, Ömer Demir
13 Ethics and economics: Historical roots İktisat ve Ahlak, Ömer Demir
14 Ethics and economics: Behavioural aspects İktisat ve Ahlak, Ömer Demir
Course Notes İktisat ve Ahlak, Ömer Demir<br>İktisat metodolojisi, Ömer Demir<br>Bilim Felsefesi, Ömer Demir<br>İktisatçılar ve insanlar, Ayşe Buğra<br>İktisadı felsefeyle düşünmek, Ozan İşler ve Feridun Yılmaz<br>Rasyonalite, Feridun Yılmaz
Course Resources
Order Program Outcomes Level of Contribution
1 2 3 4 5
1 Having knowledge about Islamic moral understanding at academic level
2 Having sufficient knowledge about basic concepts and methodology of Islamic law
3 Having enough knowledge about Islamic commercial law
4 Having enough knowledge and skills about economics and finance
5 Ability to follow current developments in the global economy in the field of economics and finance
6 To be able to make interdisciplinary academic studies between basic Islamic sciences and economics-finance sciences
7 New developments in economics and finance, explanation and interpretation from the perspective of Islamic morality and law
8 Be able to develop unique mechanisms and products in accordance with Islamic principles in the financial system
9 To comply with ethical rules in the fields in which they are employed and in economic-commercial activities
10 Having an understanding of the rights and benefits of all stakeholders of institutions
11 Ability to give academic work on at least one foreign language
12 Having the ability to use the necessary information technologies
Evaluation System
Semester Studies Contribution Rate
1. Ara Sınav 25
1. Ödev 37
2. Ödev 38
Total 100
1. Yıl İçinin Başarıya 50
1. Final 50
Total 100
ECTS - Workload Activity Quantity Time (Hours) Total Workload (Hours)
Course Duration (Including the exam week: 16x Total course hours) 16 3 48
Hours for off-the-classroom study (Pre-study, practice) 16 3 48
Mid-terms 1 10 10
Assignment 2 10 20
Final examination 1 20 20
Total Workload 146
Total Workload / 25 (Hours) 5.84
dersAKTSKredisi 6