Code |
Name of the Course Unit |
Semester |
In-Class Hours (T+P) |
Credit |
ECTS Credit |
ECF360 |
ECONOMIC INDICATORS |
5 |
3 |
3 |
5 |
GENERAL INFORMATION |
Language of Instruction : |
English |
Level of the Course Unit : |
BACHELOR'S DEGREE, TYY: + 6.Level, EQF-LLL: 6.Level, QF-EHEA: First Cycle |
Type of the Course : |
Elective |
Mode of Delivery of the Course Unit |
- |
Coordinator of the Course Unit |
Assist.Prof. ÇAĞLA TUĞBERK ARIKER |
Instructor(s) of the Course Unit |
|
Course Prerequisite |
No |
OBJECTIVES AND CONTENTS |
Objectives of the Course Unit: |
This course aims to enable the student to evaluate the economic performance of a country with basic indicators. |
Contents of the Course Unit: |
Contents of the course include the subjects such as Basic Economic Indicators, National Income, Economic Growth and Employment, Development Indicators, Balance of Payments and Current Deficit, Internal and External Debt / Public and Private Sector Debt. |
KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to) |
Explain the economic problems faced by the economy. (2) |
Describe basic economic indicators. (2) |
Compare international economic indicators. (4) |
List the objectives of economic indicators. (1) |
Distinguish the functions of national income, economic growth and growth. (4) |
Evaluate Economic Indicators according to their functional characteristics. (5) |
Evaluate the economic performance of a country by using macro, micro and international economic indicators. (5) |
WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY |
Week |
Preparatory |
Topics(Subjects) |
Method |
1 |
Reading |
Basic economic indicators |
Lecture & Question Answer |
2 |
Reading |
National income, economic growth and employment |
Lecture & Question Answer |
3 |
Reading |
Development indicators |
Lecture & Question Answer & Research |
4 |
Reading |
Crisis and crisis indicators |
Lecture & Question Answer & Research |
5 |
Reading |
Inflation and conjuncture fluctuate |
Lecture & Question Answer & Research |
6 |
Reading |
Internal and external debt / Public and private sector debts |
Lecture & Question Answer & Research |
7 |
Reading |
Prices, interest rates and hot money |
Lecture & Question Answer & Research |
8 |
- |
MID-TERM EXAM |
- |
9 |
Reading |
Budget and primary balance |
Lecture & Question Answer & Research |
10 |
Reading |
Interpretations on money and capital market indicators |
Lecture & Question Answer & Research |
11 |
Reading |
Currency and exchange rates |
Lecture & Question Answer & Research |
12 |
Reading |
Balance of payments and current account deficit |
Lecture & Question Answer & Research & Problem Solving |
13 |
Reading |
Balance of foreign trade |
Lecture & Question Answer & Research & Problem Solving |
14 |
Reading |
Stabilization policy |
Lecture & Question Answer & Research & Problem Solving |
15 |
Reading |
General Revision |
Lecture & Question Answer & Research & Problem Solving |
16 |
- |
FINAL EXAM |
- |
17 |
- |
FINAL EXAM |
- |
SOURCE MATERIALS & RECOMMENDED READING |
Baumohl, B.(2014)The Secrets of Economic Indicators: Hidden Clues to Future Economic Trends and Investment Opportunities. 3th Edition |
http://ptgmedia.pearsoncmg.com/images/9780132932073/samplepages/0132932075.pdf |
by Richard Yamarone, The Economic Indicator Handbook: How to Evaluate Economic Trends to Maximize Profits and Minimize Losses (Bloomberg Financial) |
ASSESSMENT |
Assessment & Grading of In-Term Activities |
Number of Activities |
Degree of Contribution (%) |
Description |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
CONTRIBUTION OF THE COURSE UNIT TO THE PROGRAMME LEARNING OUTCOMES
KNOWLEDGE |
Theoretical |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Define the theories, concepts and principles of the basic and sub-fields of business.
|
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|
|
2 |
Explain business functions and processes based on current scientific sources.
|
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|
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KNOWLEDGE |
Factual |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Relate internationally valid business cases with the theories and concepts of other social sciences.
|
|
|
|
|
|
|
SKILLS |
Cognitive |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Explain the current events and facts in his / her field analytically and systematically based on advanced knowledge and skills he / she has.
|
|
|
|
|
|
|
SKILLS |
Practical |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Use the theoretical and factual knowledge in business for occupational practices.
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|
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|
|
2 |
Solve individual and organizational problems in business life.
|
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|
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|
3 |
Use computer programs (SPSS, R, Excel, Stata) efficiently against the complex business problems.
|
|
|
|
|
|
|
OCCUPATIONAL |
Autonomy & Responsibility |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Plan research and work using knowledge and skills gained in the field of business.
|
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|
|
|
|
2 |
Organize the activities for organizational goals and purposes independently.
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|
|
OCCUPATIONAL |
Learning to Learn |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Criticize advanced knowledge and skills in the field with a critical approach.
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2 |
Develop the existing knowledge and skills with a critical point of view under the impact of scientific, technological and current developments.
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|
|
|
OCCUPATIONAL |
Communication & Social |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Express his/her knowledge, thoughts and solutions on business to related stakeholders in written and verbal ways.
|
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|
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|
|
2 |
Use the information and communication technology software and equipment required for business.
|
|
|
|
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|
|
OCCUPATIONAL |
Occupational and/or Vocational |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Apply the social, scientific, cultural and ethical values at the stages of collection of data, their implementation, interpretation and announcement of results in the field of business.
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2 |
Relate the concepts of social rights, occupational safety, employee health, quality management and sustainability with the cases in business life.
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WORKLOAD & ECTS CREDITS OF THE COURSE UNIT |
Workload for Learning & Teaching Activities |
Type of the Learning Activites |
Learning Activities (# of week) |
Duration (hours, h) |
Workload (h) |
Lecture & In-Class Activities |
14 |
3 |
42 |
Preliminary & Further Study |
13 |
2 |
26 |
Land Surveying |
0 |
0 |
0 |
Group Work |
0 |
0 |
0 |
Laboratory |
0 |
0 |
0 |
Reading |
0 |
0 |
0 |
Assignment (Homework) |
0 |
0 |
0 |
Project Work |
0 |
0 |
0 |
Seminar |
0 |
0 |
0 |
Internship |
0 |
0 |
0 |
Technical Visit |
0 |
0 |
0 |
Web Based Learning |
0 |
0 |
0 |
Implementation/Application/Practice |
0 |
0 |
0 |
Practice at a workplace |
0 |
0 |
0 |
Occupational Activity |
0 |
0 |
0 |
Social Activity |
0 |
0 |
0 |
Thesis Work |
0 |
0 |
0 |
Field Study |
0 |
0 |
0 |
Report Writing |
0 |
0 |
0 |
Final Exam |
1 |
1 |
1 |
Preparation for the Final Exam |
4 |
10 |
40 |
Mid-Term Exam |
1 |
1 |
1 |
Preparation for the Mid-Term Exam |
2 |
9 |
18 |
Short Exam |
0 |
0 |
0 |
Preparation for the Short Exam |
0 |
0 |
0 |
TOTAL |
35 |
0 |
128 |
|
Total Workload of the Course Unit |
128 |
|
|
Workload (h) / 25.5 |
5 |
|
|
ECTS Credits allocated for the Course Unit |
5,0 |
|