İktisat Bölümü, başta Türkiye ve çevre ülkeler olmak üzere küresel ekonomileri anlayan, var olan sorunları analiz ederken, iktisadi kuramları ve kavramları yetkin ve özgün bir şekilde kullanma becerisine sahip bireyler yetiştirmeyi amaçlamaktadır.
(Bandırma Onyedi Eylül Üniversitesi, 2018) Bora, Ramazan; Varlı, Yusuf; Yönetim Bilimleri Fakültesi, İşletme Bölümü
The housing market has attracted substantial interest in both theory and practice as its interactions with the rest of the economy has far-reaching implications from the perspectives of the households, businesses and the policy makers. In particular, the 2007-08 global financial crisis has reaffirmed the importance of the housing market on the proper functioning of the whole economy. In this study, the demand and supply sides of the housing market are modeled separately referring to the problem of representative household and firm. The housing market model analyzed in this study is supported with an empirical application based on Turkish housing market data and using cointegration analysis and the vector error correction model (VECM). It is found that the housing market and macroeconomic fundamentals of Turkey, such as the income level, interest rate, unemployment and housing prices are cointegrated. Additionally, further analysis based on structural VECM suggests that the housing market in Turkey, particularly in the long run, is sensitive to the shocks in the economy.