Marmara University

Department of Economics
Fall 2017

ECON 3091 SEMINAR IN ECONOMICS I

Instructor: Dr. Pnar Deniz Class Hour: Friday 09.30-11.00

E-mail: pinar.deniz@marmara.edu.tr Office hours: Wednesday 15.00-17.00
http://sites.google.com/site/pinardenizresearch

COURSE OBJECTIVE
The objective of this course is to provide students with a broad range of theories and applications on economics to deepen their
understanding of economic theory and to strengthen their capabilities of conducting research on a specific topic they choose.

COURSE REQUIREMENTS AND GRADING

The primary requirements of the course are to keep current with the readings and to participate in the classroom activities.
Attendance is required. Grades for this course will be determined by the midterm/final exams, homework and performance in
the classroom activities. Students are required to prepare a 5-page empirical homework delivery by final week.

COURSE SCHEDULE AND TOPICS

Week 1: (15.09.2017) no class
Week 2: (22.09.2017) no class
Week 3: (29.09.2017) Kuznets (1955) and Income Distribution Theory and Application
Week 4: (06.10.2017) Environmental Economics Theory and Application
Week 5: (13.10.2017) Environmental Economics Theory and Application
Week 6: (20.10.2017) Mankiw, Romer and Weil (1992) Growth Model Theory and Application
Week 7: (27.10.2017) Mankiw, Romer and Weil (1992) Growth Model Theory and Application
Midterm Week (TBA) Exam on the theories so far
Week 8: (10.11.2017) no class
Week 9: (17.11.2017) Twin Deficit Hypothesis Theory and Application
Week 10: (24.11.2017) Twin Deficit Hypothesis Theory and Application
Week 11: (01.12.2017) Phillips Curve Theory and Application
Week 12: (08.12.2017) Phillips Curve Theory and Application
Week 13: (15.12.2017) Homework Application
Week 14: (22.12.2017) Homework Application
Final Week (TBA) Paper Delivery

References:
Phillips, A. W. (1958). The Relation between unemployment and the rate of change of money wage rates in the United
Kingdom, 186119571. Economica, 25(100), pp. 283-299.
Kuznets, S. (1955). Economic growth and income inequality. The American economic review, 45(1), 1-28.
Mankiw, N. G., Romer, D., & Weil, D. N. (1992). A contribution to the empirics of economic growth. The quarterly journal of
economics, 107(2), 407-437.
Taylor, J. B. (1999). "A historical analysis of monetary policy rules. In Monetary policy rules (pp. 319-348). University of Chicago
Press.

Main Textbook:
Murphy, R. P. (2010). Lessons for the Young Economist. Ludwig von Mises Institute.

PD-Fall2017-ECON 3091