INTERNATIONAL TRADE AND BUSINESS | |||||
Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 |
Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
ECO1212 | Introduction to Economics II | Spring | 3 | 0 | 3 | 8 |
The course opens with the approval of the Department at the beginning of each semester |
Language of instruction: | En |
Type of course: | Must Course |
Course Level: | Bachelor |
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 |
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: | Principles of Economis, N. Gregory Mankiw, South-Western College Pub; 6 edition |
References: |
Semester Requirements | Number of Activities | Level of Contribution |
Attendance | % 0 | |
Laboratory | % 0 | |
Application | % 0 | |
Field Work | % 0 | |
Special Course Internship (Work Placement) | % 0 | |
Quizzes | % 0 | |
Homework Assignments | % 0 | |
Presentation | % 0 | |
Project | % 0 | |
Seminar | % 0 | |
Midterms | 1 | % 50 |
Preliminary Jury | % 0 | |
Final | 1 | % 50 |
Paper Submission | % 0 | |
Jury | % 0 | |
Bütünleme | % 0 | |
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 |
Laboratory | 0 | 0 | 0 |
Application | 13 | 1 | 13 |
Special Course Internship (Work Placement) | 0 | 0 | 0 |
Field Work | 0 | 0 | 0 |
Study Hours Out of Class | 13 | 10 | 130 |
Presentations / Seminar | 0 | 0 | 0 |
Project | 0 | 0 | 0 |
Homework Assignments | 0 | 0 | 0 |
Quizzes | 0 | 0 | 0 |
Preliminary Jury | 0 | 0 | 0 |
Midterms | 1 | 2 | 2 |
Paper Submission | 0 | 0 | 0 |
Jury | 0 | 0 | 0 |
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) | Has theoretical and practical knowledge on management, business, trade, economy, entrepreneurship, innovation, sustainable development related to International Trade and Business and can use this information | 4 |
2) | Can collect data from different sources in the global business world and successfully apply research techniques, use information and communication technologies. | 2 |
3) | Can analyze opportunities and threats with strategic thinking skills by using different resources and channels in the ever-changing global business world. | 2 |
4) | Can communicate orally and in writing with a good knowledge of English grammar. | 2 |
5) | He / she can transfer the knowledge and skills he / she has acquired in the field to the relevant people in written and oral form and evaluate them critically. | 2 |
6) | Adopts the principles of business ethics with the awareness of professional responsibility and can apply these principles within the framework of legal rules in the field of global trade and business. | 1 |
7) | He / she can collaborate in and out of the field, take responsibility, respect cultural differences and have ethical values. | 1 |
8) | Has sufficient awareness of social rights, justice, cultural values, environmental awareness, occupational health and safety. | 2 |
9) | With the lifelong learning skill acquired, she/he can identify learning needs and improve herself/himself | 3 |