NEW MEDIA
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)	To be able to critically interpret and discuss the theories, the concepts, the traditions, and the developments in the history of thought which are fundamental for the field of new media, journalism and communication.
2)	To be able to attain written, oral and visual knowledge about technical equipment and software used in the process of news and the content production in new media, and to be able to acquire effective abilities to use them on a professional level.
3)	To be able to get information about the institutional agents and generally about the sector operating in the field of new media, journalism and communication, and to be able to critically evaluate them.
4)	To be able to comprehend the reactions of the readers, the listeners, the audiences and the users to the changing roles of media environments, and to be able to provide and circulate an original contents for them and to predict future trends.
5)	To be able to apprehend the basic theories, the concepts and the thoughts related to neighbouring fields of new media and journalism in a critical manner.
6)	To be able to grasp global and technological changes in the field of communication, and the relations due to with their effects on the local agents.
7)	To be able to develop skills on gathering necessary data by using scientific methods, analyzing and circulating them in order to produce content.
8)	To be able to develop acquired knowledge, skills and competence upon social aims by being legally and ethically responsible for a lifetime, and to be able to use them in order to provide social benefit.
9)	To be able to operate collaborative projects with national/international colleagues in the field of new media, journalism and communication.
10)	To be able to improve skills on creating works in various formats and which are qualified to be published on the prestigious national and international channels.