CURRENT ECONOMIC PROBLEMS PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
IBY413	CURRENT ECONOMIC PROBLEMS	5	3	3	5

GENERAL INFORMATION
Language of Instruction :	Turkish
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	Assoc.Prof. HAKAN ÖZCAN
Instructor(s) of the Course Unit
Course Prerequisite	No

OBJECTIVES AND CONTENTS
Objectives of the Course Unit:	This course aims to teach the students the development and change of economic problems in the twentieth century, the factors that arise in solving the problems encountered, the effects of these factors on the solution process and the knowledge of structural problems of developing economies.
Contents of the Course Unit:	Contents of the course include the subjects such as determining current economic problems, and gaining an understanding of what kind of an economic policy to follow against these problems, and detailed analysis of structural problems of the economy of Turkey.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)
Explain the causes of economic problems.
Interpret the problems by using the methods of economics.
Examine the structural problems of Turkey's economy.
Illustrate the macroeconomic issues in Turkey's economy.
Evaluate the economic crises and problems.
Discuss the current economic developments.

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week	Preparatory	Topics(Subjects)	Method
1	-	Economic growth and structural change after 1980	Lecture
2	Literature Review	Financial liberalisation after 1990	Lecture
3	Literature Review	Transition program to powerful economy and 2008 global financial crisis	Lecture, Discussion
4	Literature Review	National income in Turkey, Inflation, interest and monetary policies	Lecture, Discussion
5	Literature Review	Historical development of economic growth in Turkey	Lecture, Discussion
6	Literature Review	Impacts of globalization on economy	Lecture, Discussion
7	Literature Review	Economic growth and development in Turkey, Foreign capital movements	Lecture, Discussion
8	-	MID-TERM EXAM	-
9	Literature Review	Turkey and foreign economic relations	Lecture, Discussion
10	Literature Review	Labour force in Turkey and human resources practices	Lecture, Discussion
11	Literature Review	Foreign trade practices in Turkey	Lecture, Discussion
12	Literature Review	Current economic problems in the world’s economy	Lecture, Discussion
13	Literature Review	Current economic problems of sectors in Turkey’s Economy (service sector, industry sector, construction sector, tourism sector)	Lecture, Discussion
14	Literature Review	Economic and financial crisis in Turkey’s Economy	Lecture, Discussion
15	Literature Review	Future predictions for economic and financial problems	Lecture, Discussion
16	-	FINAL EXAM	-
17	-	FINAL EXAM	-

SOURCE MATERIALS & RECOMMENDED READING
Algan, N., Ozsoylu, A.F. (2011). Guncel Mali ve Ekonomik Sorunlar, Istanbul: Karahan Bookstore.
Kubar, Y. (2016). Secme Konular ile Guncel Ekonomik Sorunlar, Ankara: Gazi Bookstore.
Karaca, C. (2016). Turkiye’nin Guncel Ekonomik Mali Sorunlari ve Politikalari, Istanbul: Ekin Publications.
Cox, S.T. (1972). Current Economic Problems: Book of Readings, Publisher: Irwin (Richard D.) Inc., U.S.
Roubıı, N., Mıhm, S. (2010). Crisis Economics: A Crash Course in the Future of Finance, The Penquen press.

ASSESSMENT
Assessment & Grading of In-Term Activities	Number of Activities	Degree of Contribution (%)	Description

Level of Contribution
0	1	2	3	4	5

KNOWLEDGE
Theoretical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Define basic concepts related with banking, insurance and finance.			2
2	Relates the theoretical and practical knowledge in the field to economics, business, law, statistics, accounting and marketing			2

KNOWLEDGE
Factual
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Relate banking and insurance applications to financial theories, mathematical and statistical methods.			2
2	Relate the information and facts in the field with other social sciences such as law, sociology, philosophy and history.			2

SKILLS
Cognitive
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Explain the planning and implementation process in banking and insurance transactions.			2
2	Provide solutions for the problems encountered in banking and insurance transactions.			2

SKILLS
Practical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Use theoretical and practical knowledge in the field of banking and insurance transactions.			2
2	By analyzing economic data accurately, manage savings and portfolio investments to minimize financial risks.			2

OCCUPATIONAL
Autonomy & Responsibility
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	He/She works as a leader or a team member in a teamwork from the planning of the banking transactions to the implementation and performs the task assigned to them within the team.			2

OCCUPATIONAL
Learning to Learn
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Gain the basic knowledge necessary for the planning process of banking and insurance activities and human resources performance management.			2
2	Use the computer programs related with field in banking and insurance transactions.			2

OCCUPATIONAL
Communication & Social
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Cooperate to bring innovative ideas to the stakeholders in the sector using banking insurance-related databases, information and communication technologies.			2
2	Research on scientific, sectoral developments and innovations related to the field with lifelong learning as a principle.				3

OCCUPATIONAL
Occupational and/or Vocational
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Analyze financial data related to his / her field.			2
2	Apply knowledge and skills related to his / her field by taking into account his legal, social and ethical responsibilities.				3

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	3	39
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	6	4	24
Mid-Term Exam	1	1	1
Preparation for the Mid-Term Exam	7	3	21
Short Exam	0	0	0
Preparation for the Short Exam	0	0	0
TOTAL	42	0	128