TÜRKÇE
ENGLISH
Information
| Unit | KOZAN FACULTY OF BUSINESS MANAGEMENT |
| BUSINESS ADMINISTRATION PR. | |
| Code | BAC102 |
| Name | Introduction to Economics II |
| Term | 2017-2018 Academic Year |
| Semester | 2. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 4 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Üniversite Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. BAŞAK GÜL AKAR |
| Course Instructor |
Prof. Dr. BAŞAK GÜL AKAR
(Bahar)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
Introduction to Economics II deals with macroeconomics. Subjects such as national income accounting and its determination, aggregate demand and aggregate supply, equilibrium income, fiscal policy, monetary policy, money and banking, the price level, inflation, umemployment, growth and economic fluctuations will be covered.
Course Content
National income and its determination; changes in national income, elements of public finance, money and banking, international trade, macroeconomic policy, economic growth and development. Illustrations from the Turkish economy will be taught.
Course Precondition
Yok
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Have a broad understanding of basic economic relations |
| LO02 | Have a broad understanding of GDP, its components (C, I, G, X,M), the relationship among them. |
| LO03 | Gain a broad understanding of growth, price indexes, inflation, unemployment, business cycles and interaction among them. |
| LO04 | Have a broad understanding of monetary and fiscal policies and the roles of money supply and demand for money for sustainable growth rates. |
| LO05 | Understand equilibrium level of prices and output in economy, how AD and AS works in the long-run and in the short-run. |
| LO06 | Define the role of the state in economy, money and financial policies, the central bank and the structure of the market. |
| LO07 | Perceive the costs and benefits arising from the global economy |
| LO08 | Produce numerical and policy options when confronted with problems. |
| LO09 | Use quantitative and qualitative techniques of model building, decoding and interpretation. |
| LO10 | Use the theory of economics in the analysis of economic events. |
| LO11 | Use computer programs, do synthesis and present prepared data efficiently. |
| LO12 | Analyze at conceptual level and acquires ability in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems |
| LO13 | Take responsibility individually and / or in a team, take leadership and work effectively |
| LO14 | Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself.. |
| LO15 | Use of different sources about an unfamiliar field within academic principles, synthesize gained data and presents effectively. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | - | List and define the concepts of business management, and explain their relations to each other | |
| PLO02 | - | List and define the fundamental conceptual models, numerical and statistical techniques of business administartion and identify their advantages and disadvantages. | |
| PLO03 | - | List and define the relationship between the basic concepts of economy and business management ; indicate the strong and weak sides of each method. | |
| PLO04 | - | Explain how to create the fundamental conceptual models and how to apply numerical and statistical techniques that are used in business administration. | |
| PLO05 | - | Explain how to interpret the results gathered through the application and/or implementation of conceptual models and/or numerical and statistical methods of business management. | |
| PLO06 | - | Determine appropriate methods to solve business problems | |
| PLO07 | - | Evaluate the results that are obtained from applications of business management methods | |
| PLO08 | - | Use the basic numerical and statistical softwares | |
| PLO09 | - | Use the basic enterprise resource planning (ERP) softwares | |
| PLO10 | - | Take initiative individually or/and as a member of a team, lead and work effectively | |
| PLO11 | - | As well as professional development, improve him-/herself continuously in scientific, social, cultural and artistic fields according to his/her interests and abilities, identifying needs of learning. | |
| PLO12 | - | Follow latest developments in the field, and sustain personal and professional development with the awareness of the necessity of life long learning | |
| PLO13 | - | Use different resources in accordance with academic principles, synthesize the data gathered, and present them effectively in an unfamiliar field. | |
| PLO14 | - | Use Turkish and at least one foreign language in accordance with the requirements in academic and business context | |
| PLO15 | - | Perceive and interpret the feelings, ideas and behaviours of people appropriately, and express himself/herself accurately in written or oral format | |
| PLO16 | - | Question traditional approaches, methods and implementations; develop and implement alternative methods when required | |
| PLO17 | - | Recognize and apply social, scientific and professional ethical values. | |
| PLO18 | - | Determine the most appropriate approaches, implementations and methods of business management considering sectors, their sizes, resources, cultures, goals and objectives | |
| PLO19 | - | Monitor external factors such as industrial structures, competition, technologies, economics, politics, cultures that affects the activities of businesses and interpret their impact on businesses |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Introduction to macroeconomics | Reading course book | |
| 2 | National Income | Reading course book | |
| 3 | The main macroeconomic issues | Reading course book | |
| 4 | The main macroeconomic issues | Reading course book | |
| 5 | The main macroeconomic issues | Reading course book | |
| 6 | Determining the level of income and price | Reading course book | |
| 7 | Determine the income level of total expenditure | Reading course book | |
| 8 | Mid-term | Preperation for the exam | |
| 9 | The public budget and fiscal policy | Reading course book | |
| 10 | Money and Banking | Reading course book | |
| 11 | Monetary Theory and Policy | Reading course book | |
| 12 | Inflation | Reading course book | |
| 13 | International Trade | Reading course book | |
| 14 | Current macroeconomic issues | Reading course book | |
| 15 | Revision | Reading course book | |
| 16 | Final Exam | Preperation for the exam | |
| 17 | Final Exam | Preperation for the exam |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |