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  Course Description
Course Name : Economics 2

Course Code : KON102

Course Type : Compulsory

Level of Course : First Cycle

Year of Study : 1

Course Semester : Spring (16 Weeks)

ECTS : 4

Name of Lecturer(s) : Asst.Prof.Dr. MEHMET CİHAN YAVUZ

Learning Outcomes of the Course : Can define macroeconomics
Knows fundamental definitions and problems of macroeconomics
Can account GDP growth
Knows positive and negative effects of inflation
Can differentiate economic growth and economic development

Mode of Delivery : Face-to-Face

Prerequisites and Co-Prerequisites : None

Recommended Optional Programme Components : None

Aim(s) of Course : Giving fundamentals of macroeconomics.

Course Contents : Gross Domestic Product, macroeconomy problems, accounting GDP, Inflation, Unemployment, Determining income and price level, gövernment budget, money and banking, money theory, international trade, international finance, economic growth and development.

Language of Instruction : Turkish

Work Place : D-101


  Course Outline /Schedule (Weekly) Planned Learning Activities
Week Subject Student's Preliminary Work Learning Activities and Teaching Methods
1 Introduction to macroeconomics Reading related chapter Lecturing, discussion, homework.
2 GDP Reading related chapter Lecturing, discussion, homework.
3 Basic problems for macroeconomics Reading related chapter Lecturing, discussion, homework.
4 GDP and price level Reading related chapter Lecturing, discussion, homework.
5 Total Expenditure Reading related chapter Lecturing, discussion, homework.
6 Macroeconomic equilibrium Reading related chapter Lecturing, discussion, homework.
7 Government budget Reading related chapter Lecturing, discussion, homework.
8 Midterm exam Reading book and lecture notes Written exam.
9 Government policy Reading related chapter Lecturing, discussion, homework.
10 Money and banking Reading related chapter Lecturing, discussion, homework.
11 Money theory and monetary policy Reading related chapter Lecturing, discussion, homework.
12 Inflation Reading related chapter Lecturing, discussion, homework.
13 International Trade Reading related chapter Lecturing, discussion, homework.
14 International finance Reading related chapter Lecturing, discussion, homework.
15 Economic growth and development Reading related chapter Lecturing, discussion, homework.
16/17 Final exam Reading book and lecture notes Written exam.


  Required Course Resources
Resource Type Resource Name
Recommended Course Material(s)  Fundamentals of Economics - Tumay Ertek
Required Course Material(s)


  Assessment Methods and Assessment Criteria
Semester/Year Assessments Number Contribution Percentage
    Mid-term Exams (Written, Oral, etc.) 1 50
    Homeworks/Projects/Others 1 50
Total 100
Rate of Semester/Year Assessments to Success 40
 
Final Assessments 100
Rate of Final Assessments to Success 60
Total 100

  Contribution of the Course to Key Learning Outcomes
# Key Learning Outcome Contribution*
1 Understands basic terms of business, comprehends strategical, tactical and operational aspects and local, national, international and global aspects of business management. 4
2 Has sufficient knowledge and conscious about issues which interest society such as job security, worker health, social security rights, quality control and management and protection of natural and cultural environment. 0
3 Comprehends, explains and applies planning, organization, execution, coordination and control management of accommodation enterprises. 0
4 Has the skill of nominal and statistical research and thinking skill, predicts results of decisions to be taken and makes correct estimations, considers cause-effect relationship, has the skill of analytical thinking and develops strategical approach. 3
5 Is open to innovation and change, enterprising, has the behavior of life long learning, thinks analytically, uses modern methods and technologies of business primarily information technologies. 3
6 Has basic computer using knowledge and knowledge about information systems used in hotel management and has the skill of using these softwares. 0
7 Has quality conscious, executes and completes qualified works and makes and manages activities for the improvement of employees under his/her responsibility. 0
8 Creates solution and takes responsibility in unpredictable and complex situations about hotel management, travel management and other touristic managements. 0
9 Thinks critically, creates alternative solutions and obtains information from different resources and makes analyzes; has the capability of considering social, scientific and ethical values about announcement and interpretation of results. 3
10 Comprehends legal, social and moral responsibilites of business life and perceives social transformation. 0
11 Has the capability of verbal and written communication in Turkish, speaks correctly and effectively, conveys information and thoughts in a way that others can understand, has the skill of interpretation and criticism, has high persuasiveness. 0
12 Is prone to teamwork, has leadership skills and skill of communicating with experts in other fields and specializes in specific field of a tourism enterprise and also has sufficient knowledge about other departments. 0
13 Evaluates concepts, ideas and data in tourism management with scientific methods, determines and analyzes complex problems and subjects, develops suggestions. 3
14 Understands socio-economic structure of tourism and within this scope its importance for the country and designs skills about investment of a new enterprise to be founded in otherfields of tourism and service sector. 4
15 Knows sectoral conditions to cope with continuous fluctuation depending on flexible demands in a tourist facility and has the knowledge to use and evaluate tools which would analyze a tourism management together with its internal and external environment. 4
16 Additional to vocational development, through his/her interest and traits, in scientific, social, cultural and artistic areas, contuniously develops himself/herself by determining his/her learning needs. 3
* Contribution levels are between 0 (not) and 5 (maximum).

  Student Workload - ECTS
Works Number Time (Hour) Total Workload (Hour)
Course Related Works
    Class Time (Exam weeks are excluded) 14 3 42
    Out of Class Study (Preliminary Work, Practice) 14 2 28
Assesment Related Works
    Homeworks, Projects, Others 1 10 10
    Mid-term Exams (Written, Oral, etc.) 1 10 10
    Final Exam 1 10 10
Total Workload: 100
Total Workload / 25 (h): 4
ECTS Credit: 4