| Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
|---|---|---|---|---|---|
| EKF110 | INTRODUCTION TO ECONOMICS II | 2 | 3 | 3 | 6 |
GENERAL INFORMATION |
|
|---|---|
| Language of Instruction : | Turkish |
| Level of the Course Unit : | , TYY: + , EQF-LLL: , QF-EHEA: |
| Type of the Course : | Compulsory |
| Mode of Delivery of the Course Unit | - |
| Coordinator of the Course Unit | |
| Instructor(s) of the Course Unit | |
| Course Prerequisite | No |
OBJECTIVES AND CONTENTS |
|
|---|---|
| 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) |
|---|
| 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 |
|||
|---|---|---|---|
| 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 | Reading | Inflation | Lecture & Question Answer & Research |
| 9 | Reading | International trade | Lecture & Question Answer & Problem Solving |
| 10 | - | MID-TERM EXAM | - |
| 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 |
|---|
| 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 | Examination Method |
| Level of Contribution | |||||
|---|---|---|---|---|---|
| 0 | 1 | 2 | 3 | 4 | 5 |
KNOWLEDGE |
|||||||
|---|---|---|---|---|---|---|---|
Theoretical |
|||||||
| 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.
|
5 | |||||
| 2 |
Recognize the entries in the book and financial balance sheet of the business organization.
|
3 | |||||
| 3 |
Define concepts, theories and principles of basic and subfields of international trade by adhering to the background knowledge.
|
4 | |||||
KNOWLEDGE |
|||||||
|---|---|---|---|---|---|---|---|
Factual |
|||||||
| 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.
|
4 | |||||
| 2 |
Use theoretical knowledge gained in the field of international trade in occupational practices and daily life.
|
5 | |||||
| 3 |
Solve financial and legal problems confronted in international trade practices.
|
4 | |||||
SKILLS |
|||||||
|---|---|---|---|---|---|---|---|
Cognitive |
|||||||
| 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.
|
3 | |||||
| 2 |
Evaluate developments in the world in consideration of common courses in the faculty with an intellectual perspective.
|
5 | |||||
SKILLS |
|||||||
|---|---|---|---|---|---|---|---|
Practical |
|||||||
| 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.
|
5 | |||||
OCCUPATIONAL |
|||||||
|---|---|---|---|---|---|---|---|
Autonomy & Responsibility |
|||||||
| 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.
|
4 | |||||
OCCUPATIONAL |
|||||||
|---|---|---|---|---|---|---|---|
Learning to Learn |
|||||||
| 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.
|
5 | |||||
OCCUPATIONAL |
|||||||
|---|---|---|---|---|---|---|---|
Communication & Social |
|||||||
| 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.
|
1 | |||||
| 2 |
Tell knowledge, thoughts and solution offers regarding subjects in international trade to relevant stakeholders demands in written or verbally.
|
2 | |||||
| 3 |
Design a healthy communication network for themselves in the business world by using social life skills.
|
2 | |||||
OCCUPATIONAL |
|||||||
|---|---|---|---|---|---|---|---|
Occupational and/or Vocational |
|||||||
| 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.
|
3 | |||||
| 2 |
Develop suggestions for international trade policies by determining economic problems in the macro level.
|
5 | |||||
| 3 |
Apply commercial applications in consideration of knowledge gained in financing and management of international trade by being inclusive of international market
|
3 | |||||
| 4 |
Discuss the effects of commercial and financial globalization processes on the income distribution, by benefiting from data.
|
4 | |||||
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 | 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 |