Faculty Member, PhD
Oktay Özden
Dr. Oktay Özden is an Assistant Professor at the Department of Economics, Faculty of Business, Istanbul Bilgi University. He received his BA in Economics from Istanbul Kemerburgaz University in 2017 and completed his MA at Marmara University, where he specialized in endogenous money theory and inflation. In his PhD research at Kadir Has University, conducted under the supervision of Prof. Erinç Yeldan, he examined the dynamics of inflation, income distribution, and incomes policy in the post-COVID UK economy within a Stock-Flow Consistent (SFC) modelling framework. His dissertation was awarded Third Prize in the Turkish Economic Association's 2025 PhD Dissertation Award.
His articles have been published in the Review of Political Economy and the PSL Quarterly Review, and he has contributed an invited chapter to The Routledge Handbook of Heterodox Economics. He has also written book reviews for the Review of Keynesian Economics and Rethinking Marxism, and serves as a referee for international journals indexed in the Web of Science. His research combines macroeconomic modelling with advanced data science tools; through the interactive policy simulation applications he develops, he aims to make model-based analysis accessible to broader audiences.
Education
2020-2025 Ph.D. in Economics, Istanbul Kadir Has University, Istanbul, Turkey
Thesis: Inequality and Post-COVID Inflation in a Two Household SFC Model for the UK Economy.
Supervisor: Prof. Dr. Erinç Yeldan
2017-2020 MA in Economics, Marmara University, Istanbul, Turkey
Thesis: Production, Profit, and Money: Classical Theory of Inflation and Its Application to European Countries.
Supervisor: Dr. Nedim Süalp
2012-2017 BA in Economics, Kemerburgaz University, Istanbul, Turkey
Courses
Introduction to Economics
Macroeconomics
Applied Macroeconomics
Areas of Interest
Heterodox Economics, Stock-Flow Consistent Modelling (SFC), Incomes Policies, post-COVID Inflation, Income Distribution, UK Economy