Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
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EKF110 | INTRODUCTION TO ECONOMICS II | 2 | 3 | 3 | 6 |
GENERAL INFORMATION |
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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 : | Compulsory |
Mode of Delivery of the Course Unit | - |
Coordinator of the Course Unit | Assoc.Prof. ONUR ÖZDEMİR |
Instructor(s) of the Course Unit | |
Course Prerequisite | No |
OBJECTIVES AND CONTENTS |
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Objectives of the Course Unit: | This course aims to provide the students with the ability to explain the basic concepts and methods of macroeconomics and their operation. |
Contents of the Course Unit: | Contents of the course include the subjects such as basic concepts related to economics science, definition and measurement of national income, macroeconomic concepts such as inflation, employment, unemployment, IS-LM model, monetary and fiscal policy, total supply and total demand model. |
KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to) |
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Describe the principles and concepts of macroeconomics. (2) |
Interpret the information from digital tables and graphs. (4) |
Explain the concepts of capital, investment, growth and savings. (2) |
Use basic instruments necessary for macroeconomic analysis. (3) |
Use basic models of macroeconomic analysis. (3) |
Explain the general and systematic aspects of economic system. (2) |
WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY |
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Week | Preparatory | Topics(Subjects) | Method |
1 | Reading | Determination of national income | Lecture & Question Answer & Problem Solving |
2 | Reading | Public expenditures, taxation | Lecture & Question Answer & Problem Solving |
3 | Reading | Fiscal policy | Lecture & Question Answer & Research |
4 | Reading | Money, financial institutions | Lecture & Question Answer & Research |
5 | Reading | Money Politics | Lecture & Question Answer & Research |
6 | Reading | Exchange rate and Balance of payments | Lecture & Question Answer & Research |
7 | Reading | Unemployment | Lecture & Question Answer & Research |
8 | - | MID-TERM EXAM | - |
9 | Reading | Inflation | Lecture & Question Answer & Research |
10 | Reading | International trade | Lecture & Question Answer & Problem Solving |
11 | Reading | International organizations and globalization | Lecture & Question Answer & Problem Solving |
12 | Reading | Economic integration and the European Union | Lecture & Question Answer & Research |
13 | Reading | Growth, sustainable development and underdeveloped countries | Lecture & Question Answer & Research |
14 | Reading | General evaluation | Lecture & Question Answer & Problem Solving |
15 | Reading | General evaluation | Open Ended Exam |
16 | - | FINAL EXAM | - |
17 | - | FINAL EXAM | - |
SOURCE MATERIALS & RECOMMENDED READING |
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Stephen ISON ve Stuart WALL, İktisada Giriş, Çev. Ahmet ÇAKMAK, Suat OKTAR |
Dinler, Z. (2017) Iktisada Giris. Ekin Publications Publications.23rd Edition, |
Egilmez, M. (2016). Orneklerle Kolay Ekonomi. Remzi Bookstore. 8th Edition |
Orhan, O. Seyfettin Erdogan (2015). Iktisada Giris. Umuttepe Publications. 6th Edition |
ASSESSMENT |
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Assessment & Grading of In-Term Activities | Number of Activities | Degree of Contribution (%) | Description |
Level of Contribution | |||||
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0 | 1 | 2 | 3 | 4 | 5 |
KNOWLEDGE |
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Theoretical |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Describe basic theories of microeconomics and macroeconomics by benefiting from assumptions and axioms.
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5 | |||||
2 |
Recognize the entries in the book and financial balance sheet of the business organization.
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3 | |||||
3 |
Define concepts, theories and principles of basic and subfields of international trade by adhering to the background knowledge.
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4 |
KNOWLEDGE |
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Factual |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Summarize historical development of the international trade theories by adhering to the chronological order.
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4 | |||||
2 |
Use theoretical knowledge gained in the field of international trade in occupational practices and daily life.
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5 | |||||
3 |
Solve financial and legal problems confronted in international trade practices.
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4 |
SKILLS |
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Cognitive |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Relate statistical raw data by benefiting from computer programs and relate data with one another in consideration of theoretical knowledge.
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3 | |||||
2 |
Evaluate developments in the world in consideration of common courses in the faculty with an intellectual perspective.
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5 |
SKILLS |
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Practical |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Interpret current events and facts in international trade based on advanced knowledge and skills from an analytical and systematic holistic view.
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5 |
OCCUPATIONAL |
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Autonomy & Responsibility |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Relate knowledge about economic globalization and internationalization with current knowledge in the field.
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4 |
OCCUPATIONAL |
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Learning to Learn |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Examine current economic policies applied over the gained advanced knowledge and skills by a critical approach.
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5 |
OCCUPATIONAL |
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Communication & Social |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Explain demands in written or verbally by using the foreign language skill in business and social life effectively.
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1 | |||||
2 |
Tell knowledge, thoughts and solution offers regarding subjects in international trade to relevant stakeholders demands in written or verbally.
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2 | |||||
3 |
Design a healthy communication network for themselves in the business world by using social life skills.
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2 |
OCCUPATIONAL |
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Occupational and/or Vocational |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Analyze current issues, events and problems by benefiting from theoretical and historical knowledge of international trade and economics.
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3 | |||||
2 |
Develop suggestions for international trade policies by determining economic problems in the macro level.
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5 | |||||
3 |
Apply commercial applications in consideration of knowledge gained in financing and management of international trade by being inclusive of international market
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3 | |||||
4 |
Discuss the effects of commercial and financial globalization processes on the income distribution, by benefiting from data.
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4 |
WORKLOAD & ECTS CREDITS OF THE COURSE UNIT |
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Workload for Learning & Teaching Activities |
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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 | 10 | 2 | 20 |
Assignment (Homework) | 7 | 2 | 14 |
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 | 8 | 32 |
Mid-Term Exam | 1 | 1 | 1 |
Preparation for the Mid-Term Exam | 2 | 8 | 16 |
Short Exam | 0 | 0 | 0 |
Preparation for the Short Exam | 0 | 0 | 0 |
TOTAL | 52 | 0 | 152 |
Total Workload of the Course Unit | 152 | ||
Workload (h) / 25.5 | 6 | ||
ECTS Credits allocated for the Course Unit | 6,0 |