Born in Ankara in 1966, Dr. Erdem Başçı graduated from the Electrical and Electronics Engineering Department of the Middle East Technical University in 1987 with high honors. He completed the M.B.A. program at Bilkent University by ranking the first (1989). Having obtained his M.A. in Economics from Bilkent University (1990), Dr. Başçı received his second M.A. degree in Economics from Johns Hopkins University (1993). He obtained his Ph.D. in Economics from Bilkent University in 1995. Between 1995 and 2003, he worked at Bilkent University, Economics Department, as an Assistant Professor. He was promoted to the rank of Associate Professor in 1999. Monetary economics, financial economics, macroeconomic theory and mathematical economics are his research and teaching areas. Dr. Başçı lectured at the University of York, UK as an honorary visiting fellow in 1999. He has presented many discussion papers at international conferences. Dr. Başçı's academic papers have been published in Oxford Economic Papers, Journal of Banking and Finance, Journal of Economic Dynamics and Control, and Journal of Mathematical Economics. He also co-authored various chapters in books published by Springer-Verlag and Palgrave. Besides his theoretical contributions to the economic literature, Dr. Başçı has academic publications on the Turkish economy as well.
Having served as Deputy Governor of the Central Bank of the Republic of Turkey since 9 October 2003, Dr. Başçı was appointed Governor on 19 April 2011.