Course Information

Course Name	Turkish	Piyasa ve Ahlak
	English	Markets and Ethics
Course Code	ECN 103E	Credit	Lecture (hour/week)	Recitation (hour/week)	Laboratory (hour/week)
Semester	1	3	3	-	-
Course Language		English
Course Coordinator		Umut Kuruüzüm
Course Objectives		Since the turn of the millennium, particularly, the polarization between rich and poor has widened, personal debt deepened, employment insecurity intensified to new heights, and finally the global warming and associated environmental problems have reached a crisis point both in the global south and north. The 2008 financial crisis, the worst economic disaster since the Great Depression, has also elicited interest in study of markets and its limits in organising our economic and social existence. This reading-intensive course introduces students to key texts about markets, morality, inequality, sustainability, and corporate ethics. Is it possible to have morality in a free market? Can anything or anyone be a commodity? Why should some things not be for sale? What makes a market economy sustainable? What makes a corporation ethical? What are corporate sustainability strategies? How can supply chains be more environmentally friendly? Why is it important to have an ethical supply chain? Will the absence of morality in markets lead to our extinction? Beginning with the rise of corporate sustainability debate, the course proceeds to economic, environmental, and humanistic critique of markets at the turn of the 20th and 21th century. At the conclusion of the course students should walk away with a firm enough grasp of the economic realities to reflexively participate in research and development practices, addressing the expansion of markets and their disrupting impact on humans, environment, and morality.
Course Description		Since the turn of the millennium, particularly, the polarization between rich and poor has widened, personal debt deepened, employment insecurity intensified to new heights, and finally the global warming and associated environmental problems have reached a crisis point both in the global south and north. The 2008 financial crisis, the worst economic disaster since the Great Depression, has also elicited interest in study of markets and its limits in organising our economic and social existence. This reading-intensive course introduces students to key texts about markets, morality, inequality, sustainability, and corporate ethics. Is it possible to have morality in a free market? Can anything or anyone be a commodity? Why should some things not be for sale? What makes a market economy sustainable? What makes a corporation ethical? What are corporate sustainability strategies? How can supply chains be more environmentally friendly? Why is it important to have an ethical supply chain? Will the absence of morality in markets lead to our extinction? Beginning with the rise of corporate sustainability debate, the course proceeds to economic, environmental, and humanistic critique of markets at the turn of the 20th and 21th century. At the conclusion of the course students should walk away with a firm enough grasp of the economic realities to reflexively participate in research and development practices, addressing the expansion of markets and their disrupting impact on humans, environment, and morality.
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