MANAGEMENT ENGINEERING | |||||
Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 |
Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
BA4005 | Global Economics | Spring Fall |
3 | 0 | 3 | 4 |
This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester. |
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. |
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 |
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 |
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 |
Course Notes / Textbooks: | Economics and the Global Environment; Charles S. Pearson / Cambridge University Press. |
References: | Various handouts |
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 |
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 |
No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
Program Outcomes | Level of Contribution | |
1) | Build up a body of knowledge in mathematics, science and engineering subjects; use theoretical and applied information in these areas to model and solve engineering problems. | |
2) | identify, formulate, and solve complex engineering problems; select and apply proper analysis and modeling methods for this purpose. | |
3) | Design a complex system, process, device or product under realistic constraints and conditions, in such a way as to meet the desired result; apply modern design methods for this purpose. (Realistic constraints and conditions may include factors such as economic and environmental issues, sustainability, manufacturability, ethics, health, safety issues, and social and political issues, according to the nature of the design.) | |
4) | Devise, select, and use modern techniques and tools needed for engineering management practice; employ information technologies effectively. | |
5) | Design and conduct experiments, collect data, analyze and interpret results for investigating engineering management problems. | |
6) | Cooperate efficiently in intra-disciplinary and multi-disciplinary teams; and show self-reliance when working independently. | |
7) | Demonstrate effective communication skills in both oral and written English and Turkish. | |
8) | Recognize the need for lifelong learning; show ability to access information, to follow developments in science and technology, and to continuously educate him/herself. | |
9) | Develop an awareness of professional and ethical responsibility. | |
10) | Know business life practices such as project management, risk management, and change management; develop an awareness of entrepreneurship, innovation, and sustainable development. | |
11) | Know contemporary issues and the global and societal effects of engineering practices on health, environment, and safety; recognize the legal consequences of engineering solutions. | |
12) | Develop effective and efficient managerial skills. |