Faculty Member, PhD

Oktay Özden

+90 212 311 7208

Santralistanbul / L1-119

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