CURRENT ISSUES IN THE WORLD ECONOMY PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
UIT405	CURRENT ISSUES IN THE WORLD ECONOMY	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	Assist.Prof. HABİBE GÜNGÖR
Instructor(s) of the Course Unit
Course Prerequisite	No

OBJECTIVES AND CONTENTS
Objectives of the Course Unit:	The aim of this course is to enable students to gain the ability to understand and interpret the developments in the world economy by using current international socio-economic indicators. At the end of the course, students will be able to analyze the causes and results of current economic developments.
Contents of the Course Unit:	Contents of this course include; global economic indicators, balance of payments and foreign trade deficit, financial crises, central banks, monetary policy and interest rates, globalization, unemployment and income distribution, inflation, international trade and emerging markets.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)
List the macroeconomic indicators of the world economy in order of importance. (Bloom 1)
Summarize the role of central banks in money and interest policies by giving examples of countries. (Bloom 2)
Interpret the developments in the world economy by using current international socio-economic indicators (Bloom 2)
Compare the risks in developing countries by placing them in order of importance (Bloom 2). (Bloom 2)
Analyze the world economy by using the relations between globalization and income distribution. (Bloom 4)

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week	Preparatory	Topics(Subjects)	Method
1	Creating the first impression in the student, preparing the presentation about the course content and methods	Introduction to world economy	Lecture, Discussion, Assessment
2	Literature research and course preparation	Fundamentals of Economic Globalization	-
3	Literature research and course preparation	Global Economic Indicators and Analysis	LLecture, Discussion, Assessmentecture, Discussion, Assessment
4	Literature research Literature research and course preparationand course preparation	Globalization, Income Distribution and Employment Relationship	Lecture, Discussion, Assessment
5	Literature research and course preparation	Central Banks, Monetary and Interest Policies	Lecture, Discussion, Assessment
6	Literature research and course preparation	Central Banks, Monetary and Interest Policies	Lecture, Discussion, Assessmentecture, Discussion, Assessment
7	Literature researLiterature research and course preparationch and course preparation	International Capital Flows and Exchanges	Lecture, Discussion, Assessment
8	-	MID-TERM EXAM	-
9	Literature research and course preparation	International Trade and Exchange Rates	Lecture, Discussion, Assessment
10	Literature research and course preparation	Global Economic Crises	Lecture, Discussion, Assessment
11	Literature research and course preparation	Relationship between Growth and Welfare	Lecture, Discussion, Assessment
12	Literature research and course preparation	Current Developments in Developing Countries	Lecture, Discussion, Assessment
13	Literature research and course preparation	Current Developments in Asian, European and American Economies	Lecture, Discussion, Assessment
14	Literature research and course preparation	Student Presentations	Lecture, Discussion, Assessment
15	Literature research and course preparation	Student Presentations	Lecture, Discussion, Assessment
16	-	FINAL EXAM	-
17	-	FINAL EXAM	-

SOURCE MATERIALS & RECOMMENDED READING
Karagül, M. (2017), Dünya Ekonomisi, Ankara: Nobel Yayıncılık
Roubini, N. (2017), Kriz Ekonomisi: Dünya Ekonomisinin Çöküşü ve Geleceği, İstanbul: Pegasus Yayınları
Acar, M. (2018), Güncel İktisadi Tartışmalar, (1. Baskı), Literatürk Academia
Marrewijk, C.V. (2002), International Trade and The World Economy, Oxford University 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	Explain the historical development process of Aviation Management
2	Use computer programs related to Aviation Transportation
3	Define basic concepts related with aviation management.

KNOWLEDGE
Factual
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Relate the information and facts in the field with other social sciences such as law, sociology, philosophy and history.
2	Classify the relationship between the basic functions of the business and the interactions between these functions.
3	Apply knowledge and skills related to his / her field by considering the legal aspect of occupational health and safety.
4	Explain the concepts of entrepreneurship and innovation with the field.

SKILLS
Cognitive
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Manage operational activities related to the airline.
2	Gain lifelong learning skills and use knowledge of the field in the business life with the awareness of social responsibility.

SKILLS
Practical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Prepare written agreements with relevant institutions in accordance with the legislation.
2	Perform the theoretical and practical knowledge related to the field with appropriate analytical methods and modeling techniques in business life.
3	Cooperate with stakeholders related to air transport.
4	Develop the modern techniques and tools necessary for applications related to the field.
5	Manage all phases from planning to implementation of aviation operations as a member of a team.

OCCUPATIONAL
Autonomy & Responsibility
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Execute a study in his/her field independently.
2	Decide as an individual or a team member to solve the problems encountered in applications related to the field.

OCCUPATIONAL
Learning to Learn
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Evaluate advanced knowledge and skills in his/her field with a critical approach.
2	Apply activities to improve his/her performance and his / her responsibility in line with the learning objectives by determining the learning needs.

OCCUPATIONAL
Communication & Social
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Communicate with people and institutions related to the field in writing and verbally.
2	Explain his/her thoughts on the issues related to the field and suggestions for solutions to the problems by the related departments by using supporting quantitative and qualitative data.
3	Organize projects and activities for the social environment with social responsibility consciousness and to be able to apply those.

OCCUPATIONAL
Occupational and/or Vocational
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Manage airports and terminal operations efficiently using aviation and business information.

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	14	2	28
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	7	5	35
Mid-Term Exam	1	1	1
Preparation for the Mid-Term Exam	5	4	20
Short Exam	0	0	0
Preparation for the Short Exam	0	0	0
TOTAL	42	0	127