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Course Description Course Name : Introduction To Economics 2 Course Code : EAS102 Course Type : Compulsory Level of Course : Sub-Level (Undergraduate Degree) Year of Study : 1 Course Semester : Spring (16 Weeks) ECTS : 4 Name of Lecturer(s) : Prof.Dr. HÜSEYİN MAHİR FİSUNOĞLU Assoc.Prof.Dr. M.FATİH CİN Prof.Dr. NEJAT ERK Asst.Prof.Dr. ERHAN İŞCAN Learning Outcomes of the Course : Have a broad understanding of basic economic relations Have a broad understanding of GDP, its components (C, I, G, X,M), the relationship among them. Gain a broad understanding of growth, price indexes, inflation, unemployment, business cycles and interaction among them. Have a broad understanding of monetary and fiscal policies and the roles of money supply and demand for money for sustainable growth rates. Understand equilibrium level of prices and output in economy, how AD and AS works in the long-run and in the short-run. Mode of Delivery : Face-to-Face Prerequisites and Co-Prerequisites : None Recommended Optional Programme Components : None Aim(s) of Course : 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 Contents : 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. Language of Instruction : Turkish Work Place : Faculty Classroom   Course Outline /Schedule (Weekly) Planned Learning Activities Week Subject Student's Preliminary Work Learning Activities and Teaching Methods 1 Introduction to macroeconomics Reading course book Lecture 2 National Income Reading course book Lecture 3 The main macroeconomic issues Reading course book Lecture, problem session, and case studies 4 The main macroeconomic issues Reading course book Lecture, problem session, and case studies 5 The main macroeconomic issues Reading course book Lecture, problem session, and case studies 6 Determining the level of income and price Reading course book Lecture, problem session, and case studies 7 Determine the income level of total expenditure Reading course book Lecture, problem session, and case studies 8 Mid-term Preperation for the exam Written exam 9 The public budget and fiscal policy Reading course book Lecture, problem session, and case studies 10 Money and Banking Reading course book Lecture, problem session, and case studies 11 Monetary Theory and Policy Reading course book Lecture, problem session, and case studies 12 Inflation Reading course book Lecture, problem session, and case studies 13 International Trade Reading course book Lecture, problem session, and case studies 14 Current macroeconomic issues Reading course book Lecture, problem session, and case studies 15 Revision Reading course book Lecture, problem session, and case studies 16/17 Final Exam Preperation for the exam Written exam   Required Course Resources Resource Type Resource Name Recommended Course Material(s)  Prof. Dr. Zeynel DİNLER, İktisada Giriş Ekin Kitabevi Yayınları 2009. Required Course Material(s)   Assessment Methods and Assessment Criteria Semester/Year Assessments Number Contribution Percentage     Mid-term Exams (Written, Oral, etc.) 1 60     Homeworks/Projects/Others 0 40 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 Use the basic enterprise resource planning (ERP) softwares 2 2 List and define the concepts of business management, and explain their relations to each other 2 3 List and define the fundamental conceptual models, numerical and statistical techniques of business administartion and identify their advantages and disadvantages. 3 4 List and define the relationship between the basic concepts of economy and business management ; indicate the strong and weak sides of each method. 2 5 Explain how to create the fundamental conceptual models and how to apply numerical and statistical techniques that are used in business administration. 4 6 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. 1 7 Determine appropriate methods to solve business problems 0 8 Evaluate the results that are obtained from applications of business management methods 1 9 Use the basic numerical and statistical softwares 5 10 Follow latest developments in the field, and sustain personal and professional development with the awareness of the necessity of life long learning 2 11 Use different resources in accordance with academic principles, synthesize the data gathered, and present them effectively in an unfamiliar field. 3 12 Use Turkish and at least one foreign language in accordance with the requirements in academic and business context 1 13 Perceive and interpret the feelings, ideas and behaviours of people appropriately, and express himself/herself accurately in written or oral format 2 14 Question traditional approaches, methods and implementations; develop and implement alternative methods when required 3 15 Recognize and apply social, scientific and professional ethical values. 4 16 Determine the most appropriate approaches, implementations and methods of business management considering sectors, their sizes, resources, cultures, goals and objectives 4 17 Monitor external factors such as industrial structures, competition, technologies, economics, politics, cultures that affects the activities of businesses and interpret their impact on businesses 3 18 Take initiative individually or/and as a member of a team, lead and work effectively 5 19 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. 0 * 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 4 56 Assesment Related Works     Homeworks, Projects, Others 0 0 0     Mid-term Exams (Written, Oral, etc.) 1 1 1     Final Exam 1 2 2 Total Workload: 101 Total Workload / 25 (h): 4.04 ECTS Credit: 4