ECTS - Introduction to Economics II
Introduction to Economics II (ECON102) Course Detail
| Course Name | Course Code | Season | Lecture Hours | Application Hours | Lab Hours | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| Introduction to Economics II | ECON102 | Area Elective | 3 | 0 | 0 | 3 | 5 |
| Pre-requisite Course(s) |
|---|
| N/A |
| Course Language | English |
|---|---|
| Course Type | Elective Courses |
| Course Level | Bachelor’s Degree (First Cycle) |
| Mode of Delivery | Face To Face |
| Learning and Teaching Strategies | Lecture, Demonstration, Discussion, Question and Answer, Drill and Practice. |
| Course Lecturer(s) |
|
| Course Objectives | The principal objective of ECON 102 is to introduce students macroeconomics. Course focuses on introducing key macroeconomic variables such as GDP, unemployment, interest rate and inflation, defines the money and its role. It also analyses the economic polices and their effects on economy. Learning these topics will help the students to understand the basic functioning of the economy. |
| Course Learning Outcomes |
The students who succeeded in this course;
|
| Course Content | Aggregate demand, aggregate supply, unemployment, inflation, aggregate expenditure, aggregate income models, fiscal policy, money demand, money supply, monetary policy, multiplier. |
Weekly Subjects and Releated Preparation Studies
| Week | Subjects | Preparation |
|---|---|---|
| 1 | Introduction to Macroeconomics | Case & Fair 7th Edition, pp. 375-390 |
| 2 | Measuring National Output and National Income (Chapter 18) | Case & Fair 7th Edition, pp. 391-410 |
| 3 | Long-Run and Short-Run Concerns [Case and Fair (Chapter 19) | Case & Fair 7th Edition, pp. 411-430 |
| 4 | Aggregate Expenditure and Equilibrium Output (Chapter 20) | Case & Fair 7th Edition, pp. 431-452 |
| 5 | The Government and Fiscal Policy (Chapter 21) | Case & Fair 7th Edition, pp. 453-474 |
| 6 | The Government and Fiscal Policy (Chapter 21) continued | Case & Fair 7th Edition, pp. 453-474 |
| 7 | The Money Supply and the Central Bank System (Chapter 22) | Case & Fair 7th Edition, pp. 475-498 |
| 8 | Midterm | |
| 9 | Money Demand, Equilibrium Interest Rate, Monetary Policy (Chapter 23) | Case & Fair 7th Edition, pp. 499-514 |
| 10 | Money, Interest Rate and Output: Analysis and Policy (Chapter 24)] | Case & Fair 7th Edition, pp. 515-532 |
| 11 | Aggregate Demand, Aggregate Supply and Inflation (Chapter 25) | Case & Fair 7th Edition, pp. 533-556 |
| 12 | The Labor Market, Unemployment and Inflation (Chapter 26) | Case & Fair 7th Edition, pp. 557-574 |
| 13 | Long-Run Growth (Chapter 30) | Case & Fair 7th Edition, pp. 631-648 |
| 14 | Open Economy Macroeconomics (Chapter 33) | Case & Fair 7th Edition, pp. 687-712 |
| 15 | Debates in Macroeconomics (Chapter 31) | Case & Fair 7th Edition, pp. 649-664 |
| 16 | Final Exam |
Sources
| Course Book | 1. Case, Karl E. and Fair, Ray C., Principles of Economics, 7th or 8th Edition, Pearson/Prentice Hall. |
|---|---|
| 2. Taylor, John B. (2004) Economics, 4th Edition, Houghton Mifflin |
Evaluation System
| Requirements | Number | Percentage of Grade |
|---|---|---|
| Attendance/Participation | 1 | 5 |
| Laboratory | - | - |
| Application | - | - |
| Field Work | - | - |
| Special Course Internship | - | - |
| Quizzes/Studio Critics | 2 | 5 |
| Homework Assignments | 8 | 5 |
| Presentation | - | - |
| Project | - | - |
| Report | - | - |
| Seminar | - | - |
| Midterms Exams/Midterms Jury | 1 | 35 |
| Final Exam/Final Jury | 1 | 50 |
| Toplam | 13 | 100 |
| Percentage of Semester Work | 50 |
|---|---|
| Percentage of Final Work | 50 |
| Total | 100 |
Course Category
| Core Courses | X |
|---|---|
| Major Area Courses | |
| Supportive Courses | |
| Media and Managment Skills Courses | |
| Transferable Skill Courses |
The Relation Between Course Learning Competencies and Program Qualifications
| # | Program Qualifications / Competencies | Level of Contribution | ||||
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | ||
| 1 | Gain sufficient knowledge in mathematics, science and computing; be able to use theoretical and applied knowledge in these areas to solve engineering problems related to information systems. | X | ||||
| 2 | To be able to identify, define, formulate and solve complex engineering problems; to be able to select and apply appropriate analysis and modeling methods for this purpose. | |||||
| 3 | Designs a complex system, process, device or product under realistic constraints and conditions to meet specific requirements; applies modern design methods for this purpose. | |||||
| 4 | To be able to develop, select and use modern techniques and tools required for the analysis and solution of complex problems encountered in information systems engineering applications; to be able to use information technologies effectively. | |||||
| 5 | Designs and conducts experiments, collects data, analyzes and interprets results to investigate complex engineering problems or research topics specific to the discipline of information systems engineering. | |||||
| 6 | Can work effectively in disciplinary and multidisciplinary teams; can work individually. | |||||
| 7 | a. Communicates effectively both orally and in writing; writes effective reports and understands written reports, prepares design and production reports, makes effective presentations, gives and receives clear and understandable instructions. b. Knows at least one foreign language. | |||||
| 8 | To be aware of the necessity of lifelong learning; to be able to access information, to be able to follow developments in science and technology and to be able to renew himself/herself continuously. | |||||
| 9 | a. Acts in accordance with the principles of ethics, gains awareness of professional and ethical responsibility. b. Gains knowledge about the standards used in information systems engineering applications. | |||||
| 10 | a. Gains knowledge about business life practices such as project management, risk management and change management. b. Gains awareness about entrepreneurship and innovation. c. Gains knowledge about sustainable development. | |||||
| 11 | a. To be able to acquire knowledge about the universal and social effects of information systems engineering applications on health, environment and safety and the problems of the era reflected in the field of engineering. b. Gains awareness of the legal consequences of engineering solutions. | |||||
ECTS/Workload Table
| Activities | Number | Duration (Hours) | Total Workload |
|---|---|---|---|
| Course Hours (Including Exam Week: 16 x Total Hours) | 16 | 3 | 48 |
| Laboratory | |||
| Application | |||
| Special Course Internship | |||
| Field Work | |||
| Study Hours Out of Class | 16 | 4 | 64 |
| Presentation/Seminar Prepration | |||
| Project | |||
| Report | |||
| Homework Assignments | 5 | 1 | 5 |
| Quizzes/Studio Critics | 4 | 1 | 4 |
| Prepration of Midterm Exams/Midterm Jury | |||
| Prepration of Final Exams/Final Jury | |||
| Total Workload | 121 | ||