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	-
Coordinator of the Course Unit	Assoc.Prof. HAKAN ÖZCAN
Instructor(s) of the Course Unit	Assoc.Prof. METE BUMİN
Course Prerequisite	No

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

KNOWLEDGE
Theoretical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Define basic concepts related with banking, insurance and finance.						5
2	Relates the theoretical and practical knowledge in the field to economics, business, law, statistics, accounting and marketing						5

KNOWLEDGE
Factual
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Relate banking and insurance applications to financial theories, mathematical and statistical methods.						5
2	Relate the information and facts in the field with other social sciences such as law, sociology, philosophy and history.						5

SKILLS
Cognitive
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Explain the planning and implementation process in banking and insurance transactions.						5
2	Provide solutions for the problems encountered in banking and insurance transactions.						5

SKILLS
Practical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Use theoretical and practical knowledge in the field of banking and insurance transactions.						5
2	By analyzing economic data accurately, manage savings and portfolio investments to minimize financial risks.						5

OCCUPATIONAL
Autonomy & Responsibility
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	He/She works as a leader or a team member in a teamwork from the planning of the banking transactions to the implementation and performs the task assigned to them within the team.						5

OCCUPATIONAL
Learning to Learn
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Gain the basic knowledge necessary for the planning process of banking and insurance activities and human resources performance management.					4
2	Use the computer programs related with field in banking and insurance transactions.					4

OCCUPATIONAL
Communication & Social
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Cooperate to bring innovative ideas to the stakeholders in the sector using banking insurance-related databases, information and communication technologies.					4
2	Research on scientific, sectoral developments and innovations related to the field with lifelong learning as a principle.						5

OCCUPATIONAL
Occupational and/or Vocational
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Analyze financial data related to his / her field.						5
2	Apply knowledge and skills related to his / her field by taking into account his legal, social and ethical responsibilities.						5

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