FOREIGN TRADE (TURKISH) | |||||
Associate | TR-NQF-HE: Level 5 | QF-EHEA: Short Cycle | EQF-LLL: Level 5 |
Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
ECO1212 | Introduction to Economics II | Spring Fall |
3 | 0 | 3 | 8 |
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: | Associate (Short Cycle) |
Mode of Delivery: | Hybrid |
Course Coordinator : | Assoc. Prof. ÇAĞLAR YURTSEVEN |
Course Lecturer(s): |
Assoc. Prof. ÇAĞLAR YURTSEVEN Assoc. Prof. EMİN KÖKSAL Prof. Dr. NECİP ÇAKIR Prof. Dr. İPEK ALTINBAŞAK FARİNA |
Recommended Optional Program Components: | None |
Course Objectives: | This course intends to give a comprehensive understanding of macroeconomics. |
The students who have succeeded in this course; 1. Use the basic concepts of economics to explain everyday life. 2. Explain the behavior of buyers and sellers in the market using basic economic theories. 3. Explain the role of government in influencing buyer and seller behavior in the market. 4. Explain the role of profits in a market economy. 5. Identify firm behaviors in different market structures. |
National Income Accounts, Cost Of Living and Inflation, Output, Economic Growth and Well Being, Financial Markets and the way They Function, Employment, Unemployment and Economic Performance, Monetary Economics and Policy, Macroeconomics for Open Economies, Open Economy in the short and medium runs, Monetary anf Fiscal Policies, Phillips Curve and Inflation |
Week | Subject | Related Preparation |
1) | Measuring a Nation’s Income | |
2) | Measuring the Cost of Living | |
3) | Production and Growth | |
4) | Saving, Investment, and the Financial System | |
5) | Unemployment and Its Natural Rates | |
6) | The Monetary System | |
7) | Money Growth and Inflation | |
8) | Review | |
9) | Open-Economy Macroeconomics: Basic Concepts | |
10) | Macroeconomic Theory of the Open Economy | |
11) | Aggregate Demand and Aggregate Supply | |
12) | The Influence of Monetary and Fiscal Policy on Aggregate Demand | |
13) | The Short-Run Tradeoff between Inflation and Unemployment | |
14) | Course review |
Course Notes / Textbooks: | Principles of Economis, N. Gregory Mankiw, South-Western College Pub; 6 edition |
References: |
Semester Requirements | Number of Activities | Level of Contribution |
Midterms | 1 | % 50 |
Final | 1 | % 50 |
Total | % 100 | |
PERCENTAGE OF SEMESTER WORK | % 50 | |
PERCENTAGE OF FINAL WORK | % 50 | |
Total | % 100 |
Activities | Number of Activities | Duration (Hours) | Workload |
Course Hours | 3 | 16 | 48 |
Application | 13 | 1 | 13 |
Study Hours Out of Class | 13 | 10 | 130 |
Midterms | 1 | 2 | 2 |
Final | 1 | 2 | 2 |
Total Workload | 195 |
No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
Program Outcomes | Level of Contribution | |
1) | He/she comprehends the main theories and terminology of International Trade. | |
2) | He/she comprehends the custom operations. | |
3) | He/she applies international finance and accounting knowledge to business life. | |
4) | He/she has skills of using computer and software. | |
5) | He/she analyses Turkey and EU foreign trade structure. | |
6) | He/she brings in the basic reason of international marketing. | |
7) | He/she consults basic law rules and legislation which built the legal frame of foreign trade. | |
8) | He/she evaluates and analyses risks which foreign trade companies may meet. | |
9) | He/she comprehends the international logistics and transportation. | |
10) | He/she has the qualification and eligibility to work on international platform. | |
11) | He/she uses efficient oral and written communication skills. | |
12) | He/she follows and applies the national and international actual and the economic developments about foreign trade. | |
13) | He/she has vocational ethical value that market needs in qualified staff, can use Turkish effectively in writing and speaking communication; have proficiency in foreign language knowledge to making international correspond. |