Turkish and World Economy After 1950

ECON 492 traces how Turkey's economy got to where it is now by walking through the major regime shifts since 1950 — the planning era, the 1980 liberalization, the 1994 and 2001 crises — and reading them alongside what was happening globally, from Bretton Woods to the rise of China and the wobble of neoliberalism. The work is mostly conceptual rather than technical: a midterm, a final, and a term paper where you pick an episode or sector (agriculture, banking, PPPs, monetary policy) and argue about it using the historical and institutional lens built in lectures. It's a senior elective that pulls your macro, growth, and development coursework into one applied narrative, and it's where economic theory finally gets tested against the actual Turkish policy record.