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INTRODUCTION TO ECONOMICS II PROGRAMME COURSE DESCRIPTION

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 - 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

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

Assessment & Grading of In-Term Activities Number of Activities Degree of Contribution (%) Description
Level of Contribution
0 1 2 3 4 5

CONTRIBUTION OF THE COURSE UNIT TO THE PROGRAMME LEARNING OUTCOMES

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