Newsletter 2016-2017

Departmen t o f Econo mics Newsletter Fall 2016 A Letter from the Chair... Gree ti n g fro m t h e C ha ir , W it h t hi s s eco nd i s s ue o f o ur ne ws l ett er I a m o p t i mi st ic t ha t th i s ne w tr ad i tio n h as b ee n sec ur el y es tab li s he d . W e we r e gra ti fied t ha t ma n y rec i p ie nt s o f t he n e ws l et ter fo u nd it a ti me l y a nd e n g a gi n g wa y to b e b ro u g ht up to d a te ab o u t t h e Eco no mi cs d e p art m e nt . La s t year we had p u b li s hed o ur ne ws le tt er o nl y i n E n gl i s h b u t t h is ye ar t o he lp o ur p ro sp e cti v e s t ud e n ts a nd t h eir p ar e nt s read as we l l we d ecid ed to p ub li s h t he ne ws l e tter b o t h i n E n gl i s h a nd T urk i s h. T h is i ss u e a lso in cl ud es mo re i n fo r ma ti o n ab o u t o u r st ud e nt a nd sta ff. At a ti me wh e n p ub lic u ni v er si tie s fa ce t h e ur ge n t need to d ev elo p hi g h -q ua li t y r e sea rc h a nd to co mp ete e ffe ct i vel y wi t h l i mi ted r eso ur ce s, we wo u ld li ke to c el eb r ate ta le nt ed and hard wo r ki n g s t ud e nt s, st a ff, fac u lt y, a nd a l u mn i wh o are me mb er s o f o ur co m mu n it y. Al so , we wo uld l i ke to p ro vid e a s nap s ho t o f th e fl urr y o f a ct i vi t y a nd res earc h go i n g i n o ur d ep ar t me n t. Fo r s tar ter s, t wo n e w me mb ers o f o ur fa c u lt y — O n ur Ko s ka a nd Mü r ü v vet B ü yü k b o ya cı — wh o ar r i v ed la st ye ar , r ep r e se n t a va l uab le ad d it io n to o ur gro wi n g fa c ul t y. As o f t hi s fa ll , we wi ll h a ve 2 8 ful l -t i me fa c ul t y me mb er s ! T ha t is co n sid erab l y l ar g er t h a n t h e E co no mi cs fac ul t y ha s ev er b ee n . T he d ep ar t m en t b o a st s ne ar l y 6 0 0 u nd er g rad ua te maj o r s o n o ur c a mp u s a nd o ffer c o ur se s t o mo r e t ha n 1 3 0 0 u nd e r gr ad u ate s fr o m o t her d ep a rt me n ts e ver y se me s ter. W e al so ha ve n ear l y 1 5 0 grad u ate st ud e nt s b e t we e n t he Ma st er ’ s a nd Do c to r al p ro g ra ms . W e ar e p ro ud o f t he o p e ni n g o f B E L ( B e ha vio ra l a nd E xp eri me n ta l Lab ) i n t h e F ac ul t y o f E co no mi c a n d Ad mi n is tra ti v e Sci e nce s , wi t h t he co ntr ib ut io n o f o u r fa c ul t y. Re s earc h e rs o f t he D ep ar t me n t ha v e s tar ted to co nd uc t e xp eri me n t s to e xa mi n e t he r o le t ha t so c ial , co g n it i ve a nd e m o tio na l fa cto r s p la y i n e co no mi c d eci sio n - ma ki n g . B E L i s c ur r e n tl y o n e o f t h e fe w l ab s fo r e xp er i me n tal res earc h i n eco no mi c s i n T ur ke y, p r o v id i n g trai n i n g, r es e ar c h l ead er s h ip a nd t ec h ni ca l re so urc es fo r t h e b e ne fit o f r es earc h er s i n t he u ni v er si t y. I a m d el i g ht ed to r ep o r t t ha t a me mb er o f o u r d ep art me n t, P ı nar Deri n G üre, to o k ho me a MET U Yo u n g Re se arc her s ’ P r ize t hi s y ear a nd a no t her f ac u lt y, Ser ka n K üç ü k şe n el, rece iv ed t h e Yo u n g Sc ie n ti st s ’ A ward fr o m t h e Sc ie nc e Acad e m y. H e wa s a l so r eco g ni zed a s o ne o f t h e b es t T ur k is h eco no mi st s u nd er a ge o f 4 0 b y R eP ec ( Re s ear c h P ap er s i n Eco no mi c s). O ur d ep art me n t al so r an k ed n u mb er o ne i n th e U R AP ( U ni ve rs it y R a n ki n g b y Eco no mi c P er fo r ma n ce).