Our department has achieved a significant milestone in line with its vision of elevating education quality to international standards. Following rigorous and comprehensive evaluations conducted by STAR (Association for Accreditation and Rating of Social Sciences, Humanities and Basic Sciences), our Economics (German) Undergraduate Program has been granted accreditation.
Assoc. Prof. Dr. Erdem KILIÇ, Chair of the Department of Economics, will participate in a research stay at the RWI – Leibniz Institute for Economic Research in Berlin from 10 July 2026 to 31 August 2026 under the DAAD program "Research Stays for University Academics and Scientists" (Forschungsaufenthalte für Hochschullehrer und Wissenschaftler).
The Best Thesis Award, organized by the Department of Economics for the 2025-2026 Academic Year, has been awarded to our student Berfin Duru YAŞAR for her thesis entitled "Determinanten der Immobilienpreise in der Türkei: Eine Zeitreihenanalyse" (Determinants of Real Estate Prices in Türkiye: A Time Series Analysis).
The article titled “Stick and Stay, Make it Pay? Time Preferences and Marginal (Dis)Utility of Relative Concerns,” co-authored by Research Assistant Nur Banu Kartal and Prof. Dr. Alpaslan Akay, has been published in Social Indicators Research.
An article by our faculty member, Assoc. Prof. Dr. Erdem Kılıç, titled “Institutional and macroeconomic determinants of defense spending: evidence from a global panel,” has been published in Applied Economics, a prestigious economics journal indexed in SSCI.
Asst. Prof. Dr. Guido Neidhöfer, a faculty member at Turkish-German University, visited the UNDP Istanbul Regional Hub together with students. During the visit, UNDP's work was presented in detail. International opportunities such as the United Nations Volunteers programme were discussed, and a range of topics including the Human Development Report were examined in depth.
The study, titled “The Endogeneity of Money Supply in Developing Economies,” challenges the conventional view that money supply in developing countries is exogenously controlled by central banks and demonstrates that it is largely determined by bank lending. The study suggests that monetary policy should focus on credit conditions and financial structures rather than targeting monetary aggregates.
