TR EN

CURRENT ISSUES IN WORLD ECONOMY PROGRAMME COURSE DESCRIPTION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
BAY412 CURRENT ISSUES IN 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 Face to face
Coordinator of the Course Unit Prof.Dr. OSMAN ERGÜVEN VATANDAŞ
Instructor(s) of the Course Unit

OBJECTIVES AND CONTENTS

Objectives of the Course Unit: Objective of the course is to provide the students knowledge and skills to interpret and analyze the world economy in relation to current events
Contents of the Course Unit: The contents of the course include the events in the agenda of world economy today, the structure of the world economy, development-less development, international trade, international economic institutions, country-based comparative economic indicators

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)

Compare the world economy in terms of countries
Define Turkey's role and importance in world economy
Interpret the economic indicators globally
Use analytical thinking, interpretation and analysis skills to interpret current world economy data

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY

Week Preparatory Topics(Subjects) Method
1 Reading related chapters in the book Concept of economic indicators Narration Method, Discussion Method, Sample Case Method, Interactive web tools
2 Reading related chapters in the book Methods of obtaining economic indicators and main data sources Narration Method, Discussion Method, Sample Case Method, Interactive web tools
3 Reading related chapters in the book Microeconomic indicators and interpretation: Formation of market equilibrium price, Formation of Company balance, Flexibility Narration Method, Discussion Method, Sample Case Method, Interactive web tools
4 Reading related chapters in the book Macroeconomic indicators and interpretation: Gross domestic product, National income Narration Method, Discussion Method, Sample Case Method, Interactive web tools
5 Reading related chapters in the book Growth rate concept Narration Method, Discussion Method, Sample Case Method, Interactive web tools
6 Reading related chapters in the book Inflation and price indices Narration Method, Discussion Method, Sample Case Method, Interactive web tools
7 Reading related chapters in the book Interpretation of the world economy in terms of topics parallel with the economic agenda, comparative analysis and solutions to problems Narration Method, Discussion Method, Sample Case Method, Interactive web tools
8 - MID-TERM EXAM -
9 Reading related chapters in the book Banking system, Central Bank analytical balance sheet, stock exchange indicators Narration Method, Discussion Method, Sample Case Method, Interactive web tools
10 Reading related chapters in the book Banking system, Central Bank analytical balance sheet, stock exchange indicators Narration Method, Discussion Method, Sample Case Method, Interactive web tools
11 Reading related chapters in the book Public finance, budget deficits Narration Method, Discussion Method, Sample Case Method, Interactive web tools
12 Reading related chapters in the book Economic trend research and expectations Narration Method, Discussion Method, Sample Case Method, Interactive web tools
13 Reading related chapters in the book International economic indicators Narration Method, Discussion Method, Sample Case Method, Interactive web tools
14 Reading related chapters in the book Analysis of monetary and fiscal policy applied Narration Method, Discussion Method, Sample Case Method, Interactive web tools
15 Reading related chapters in the book Impact of Non-Economic factors on economic indicators Narration Method, Discussion Method, Sample Case Method, Interactive web tools
16 - FINAL EXAM -
17 - FINAL EXAM -

SOURCE MATERIALS & RECOMMENDED READING

Wright, S. C. (2011), Guide To The 50 Economic Indicators, Australia:Harper Collins
Baumohl, B. (2008), The Secrets Of Economic Indicators, London: Pearson Education
R. Mark Rogers (1998), Handbook Of Key Economic Indicators, New York: Mcgraw-Hill
S.Mishkin (2010), The Economics of Money, Banking And Financial Markets , London:Pearson

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
Explain the historical development process of Aviation Management.
1
2
Use computer programs related to Aviation Transportation.
1
3
Define basic concepts related with aviation management.
2

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.
1
2
Classify the relationship between the basic functions of the business and the interactions between these functions.
2
3
Apply knowledge and skills related to his / her field by considering the legal aspect of occupational health and safety.
0
4
Explain the concepts of entrepreneurship and innovation with the field.
2

SKILLS

Cognitive

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

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.
1
2
Perform the theoretical and practical knowledge related to the field with appropriate analytical methods and modeling techniques in business life.
1
3
Manage all phases from planning to implementation of aviation operations as a member of a team.
2
4
Cooperate with stakeholders related to air transport.
0
5
Develop the modern techniques and tools necessary for applications related to the field.
2

OCCUPATIONAL

Autonomy & Responsibility

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

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.
0
2
Apply activities to improve his/her performance and his / her responsibility in line with the learning objectives by determining the learning needs.
0

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
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.
1
3
Organize projects and activities for the social environment with social responsibility consciousness and to be able to apply those.
1

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.
2

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 5 2 10
Assignment (Homework) 10 1 10
Project Work 0 0 0
Seminar 0 0 0
Internship 0 0 0
Technical Visit 0 0 0
Web Based Learning 5 1 5
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 5 5 25
Mid-Term Exam 1 1 1
Preparation for the Mid-Term Exam 3 3 9
Short Exam 0 0 0
Preparation for the Short Exam 0 0 0
TOTAL 58 0 131
Total Workload of the Course Unit 131
Workload (h) / 25.5 5,1
ECTS Credits allocated for the Course Unit 5,0