AMERICAN CULTURE AND LITERATURE
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
BA4005 Global Economics Spring 3 0 3 4
This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester.

Basic information

Language of instruction: English
Type of course: Non-Departmental Elective
Course Level: Bachelor’s Degree (First Cycle)
Mode of Delivery: Face to face
Course Coordinator : Prof. Dr. ÜMİT EROL
Recommended Optional Program Components: None
Course Objectives: This course aims to understand macro economic imbalances at the global level, discuss their consequences on the global economy and main national economies.

Learning Outcomes

The students who have succeeded in this course;
The students who succeeded in this course will acquire a solid understanding of following concepts:
1) Understand macro economic imbalances at the global level, discuss their consequences on the global economy and main national economies (USA, China…)
2) Analyze the emergence of the debt crises in UE and discuss proposed solutions
3) Understand the theoretical premises of a monetary union and discuss these premises within the context of EMU
4) Understand the climate debate, analyzing contradictory positions among nations and evaluate the argumentations from a economic rationality
5) Analyze long run dynamics of energy supply and demand and discuss their economic and political consequences

Course Content

Macroeconomic Imbalances in the World Economy(High Savings versus Low Savings)
Deficiencies of the International Monetary System
Debt Crisis in the European Union
Sustainability of European Monetary Union and its Future
Inflation and Its Consequences
Energy Prices in the Long Run and its Consequences on World Economy and Politics

Weekly Detailed Course Contents

Week Subject Related Preparation
1) Introduction
2) Era of World Wars and Closing in: First half of the 20th Century
3) Industrial Revolution and Free Trade: 19th Century
4) Late Industrializations and the Emergence of the New Word Economy
5) An unbalanced world trade growth and Macroeconomic Imbalances
6) An unbalanced world trade growth and Macroeconomic Imbalances
7) Need of a Stable International Monetary System
8) Midterm
9) Construction of Europe: Hopes and Disappointments
10) Pressures on Resources, particularly on fossil energy
11) Growing population and food scarcity
12) Growing population and food scarcity
13) Aging Populations and Populations in Transition
14) Aging Populations and Populations in Transition

Sources

Course Notes / Textbooks: Economics and the Global Environment; Charles S. Pearson / Cambridge University Press.
References: Various handouts

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Homework Assignments 1 % 20
Midterms 1 % 40
Final 1 % 40
Total % 100
PERCENTAGE OF SEMESTER WORK % 60
PERCENTAGE OF FINAL WORK % 40
Total % 100

ECTS / Workload Table

Activities Number of Activities Workload
Course Hours 14 42
Study Hours Out of Class 14 42
Homework Assignments 12 37
Midterms 1 7
Final 1 10
Total Workload 138

Contribution of Learning Outcomes to Programme Outcomes

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) Upon graduation, students will acquire key skills and attributes to conduct research to use research tools, to solve problems, to communicate effectively and to transfer skills to the workplace.
2) Upon graduation, students will have developed the ability to discuss key issues in fluent English.
3) Upon graduation, students will have developed the ability to compose written documents in English with a mature prose style. 4
4) Upon graduation, students will have gained broad knowledge of the American and English literary canons. 4
5) Upon graduation, students will have developed the ability to analyze, synthesize and criticize sophisticated works of American and English literature. 4
6) Upon graduation, students will have achieved in depth the understanding of contemporary American culture. 3
7) Upon graduation, students will have developed the ability to draw links among diverse literary texts and documents and establish critical connections and adopt an interdisciplinary attitude. 3
8) Upon graduation, students will be able to develop new projects individually or in teams. 3
9) Upon graduation, students will be able to apply their knowledge into their lives for interdisciplinary problem-solving and solutions. 4