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 | 3 | 0 | 0 | 3 | 5 |
| Pre-requisite Course(s) |
|---|
| N/A |
| Course Language | English |
|---|---|
| Course Type | N/A |
| 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 | Adequate knowledge of mathematics, physical sciences and the subjects specific to chemical engineering disciplines; the ability to apply theoretical and practical knowledge of these areas in the solution of complex engineering problems. | |||||
| 2 | The ability to define, formulate, and solve complex engineering problems; the ability to select and apply proper analysis and modeling methods for this purpose. | |||||
| 3 | The ability to design a complex system, process, device or product under realistic constraints and conditions in such a way as to meet the specific requirements; the ability to apply modern design methods for this purpose. | |||||
| 4 | The ability to select, and use modern techniques and tools needed to analyze and solve complex problems encountered in chemical engineering practices; the ability to use information technologies effectively. | |||||
| 5 | The ability to design experiments, conduct experiments, gather data, and analyze and interpret results for investigating complex engineering problems or research areas specific to engineering disciplines. | |||||
| 6 | The ability to work efficiently in inter-, intra-, and multi-disciplinary teams; the ability to work individually. | |||||
| 7 | Ability to communicate effectively in Turkish, both in writing and in writing; at least one foreign language knowledge; ability to write reports and understand written reports, to prepare design and production reports, to make presentations, to give clear and understandable instructions. | |||||
| 8 | Recognition of the need for lifelong learning; the ability to access information, follow developments in science and technology, and adapt and excel oneself continuously. | |||||
| 9 | Acting in conformity with the ethical principles; professional and ethical responsibility and knowledge of the standards employed in chemical engineering applications. | |||||
| 10 | Knowledge of business practices such as project management, risk management, and change management; awareness of entrepreneurship and innovation; knowledge of sustainable development. | |||||
| 11 | Knowledge of the global and social effects of chemical engineering practices on health, environment, and safety issues, and knowledge of the contemporary issues in engineering areas; awareness of the possible legal consequences of engineering practices. | |||||
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 | ||