ECTS - Introduction to Economics II
Introduction to Economics II (IKT102) Course Detail
| Course Name | Course Code | Season | Lecture Hours | Application Hours | Lab Hours | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| Introduction to Economics II | IKT102 | 3 | 0 | 0 | 3 | 5 |
| Pre-requisite Course(s) |
|---|
| N/A |
| Course Language | Turkish |
|---|---|
| Course Type | N/A |
| Course Level | Bachelor’s Degree (First Cycle) |
| Mode of Delivery | Face To Face |
| Learning and Teaching Strategies | Lecture, Question and Answer. |
| 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) | |
| 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. Taylor, John B. (2004) Economics, 4th Edition, Houghton Mifflin. |
|---|
Evaluation System
| Requirements | Number | Percentage of Grade |
|---|---|---|
| Attendance/Participation | 1 | 10 |
| Laboratory | - | - |
| Application | - | - |
| Field Work | - | - |
| Special Course Internship | - | - |
| Quizzes/Studio Critics | - | - |
| Homework Assignments | - | - |
| Presentation | - | - |
| Project | - | - |
| Report | - | - |
| Seminar | - | - |
| Midterms Exams/Midterms Jury | 2 | 50 |
| Final Exam/Final Jury | 1 | 40 |
| Toplam | 4 | 100 |
| Percentage of Semester Work | 60 |
|---|---|
| Percentage of Final Work | 40 |
| Total | 100 |
Course Category
| Core Courses | |
|---|---|
| Major Area Courses | X |
| 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 | Learning the basic concepts, theories and methods of political science and Public Administration and their use in the analysis of national and global political developments, cause-and-effect relations. | |||||
| 2 | Understanding how policies are created and implemented in real life at local, national, regional and/or global levels, recognizing important institutions and actors playing a role in these processes, knowing the functioning of Public Administration. | |||||
| 3 | Gaining a basic level of knowledge about other fields related to political science and public administration disciplines (such as International Relations, Sociology, Psychology, cultural studies, economics, law, history) and thus having an interdisciplinary understanding that takes into account the relations between different areas of life and establishes connections. | X | ||||
| 4 | Learning the use of quantitative and/or qualitative research techniques that can be used in the field of political science and public administration, software, hardware and/or technical tools that can be useful; gaining experience in designing and executing research projects to develop their application skills in this field. | |||||
| 5 | Developing the ability to be open-minded, avoid discrimination, and be sensitive and respectful to different points of view through the promotion of critical analytical thinking, intellectual discussion, and lifelong learning, thereby developing the skills to act jointly. | |||||
| 6 | Development of decision-making and initiative, job completion and time management competencies by understanding business ethics in public administration, politics and all related areas. | |||||
| 7 | Development of communication skills, oral and written expression, presentation techniques; learning the principles and procedures that are required to write an academic article on the disciplines of political science and public administration. | |||||
| 8 | Mastering English terminology in the disciplines of political science and Public Administration and acquiring a level of foreign language knowledge that can help to follow studies written in English, so that current political events and cases in various countries can be analyzed comparatively. | |||||
| 9 | Knowing both the Turkish and world political history in terms of periods, important milestones and actors, understanding the impact of the social-historical backgrounds of countries on current political and administrative issues. | |||||
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 | 3 | 48 |
| Presentation/Seminar Prepration | |||
| Project | |||
| Report | |||
| Homework Assignments | |||
| Quizzes/Studio Critics | |||
| Prepration of Midterm Exams/Midterm Jury | 1 | 10 | 10 |
| Prepration of Final Exams/Final Jury | 1 | 10 | 10 |
| Total Workload | 116 | ||