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. DİDEM TETİK KÜÇÜKELÇİ
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	Define concepts such as management, manager and leader.
2	Analyze the accuracy, reliability and validity of the new information obtained from the data.

KNOWLEDGE
Factual
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Report the obtained data.
2	Prepare software and projects related with the field.

SKILLS
Cognitive
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Use the appropriate resources for data analysis related with the field.
2	Analyze the work processes.

SKILLS
Practical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Manage projects as part of a team.
2	Apply the material, techniques and analyzes in relation with the subject for project and work flows.

OCCUPATIONAL
Autonomy & Responsibility
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Fulfill responsibility with a focus on result in individual and team studies.

OCCUPATIONAL
Learning to Learn
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Recognizes what he/she knows about his/her field or not.
2	Act the theoretical knowledge in real life with learning to learn approach.
3	Apply different methods and techniques with an innovative approach in his/her research.

OCCUPATIONAL
Communication & Social
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Apply the results obtained in accordance with voluntarism and social responsibility projects.
2	Establish a healthy contact with colleagues
3	Share the analyzes and obtained results with colleagues.
4	Cooperate with colleagues at international level with the help of foreign language competency.

OCCUPATIONAL
Occupational and/or Vocational
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Behave in accordance with ethical values regarding the collection, analysis and reporting of data.
2	Participate the design of work processes and systems with full quality.
3	Cooperate with other employees for the continuation of sustainability in the profession.

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