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Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS ECO 2903 APPLIED ECONOMICS COMPULSORY 3 0 0 5

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASISTANT PROFESSOR AFIFE DUYGU AYHAN

Offered to

International Business and Trade

Course Objective

The course aims to give students an intuition of how market mechanism works. Course is designated to equip the students with the ability of economic reasoning and understanding economic policymaking. Curriculum is based on the application areas of economic theory.

Learning Outcomes of the Course Unit

1   Learning economic reasoning and economic analysis 2   Conducting structural analysis based on economic theory and data. 3   Gaining necessary skills of how to interpret economic principles and theory in a business environment. 4   Identifying basic macreconomic concepts and comparing macroeconomic theories (Classical and Keynesian) 5   Demonstrating understanding of the concepts of of IS-LM curves, aggregate demand and supply curves, savings, investment and consumptions. 6   Showing the impacts of various economic policies on national income, overall price level and interest rates.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description 1 Microeconomic Analysis 2 Microeconomic Analysis 3 Microeconomic Analysis 4 Quantitative Approaches to Microeconomic Analysis 5 Quantitative Approaches to Microeconomic Analysis 6 Macroeconomic Analysis 7 Macroeconomic Analysis 8 Macroeconomic Analysis 9 Quantitative Approaches to Macroeconomic Analysis 10 Quantitative Approaches to Macroeconomic Analysis 11 New Trends 12 New Trends

Recomended or Required Reading

To be announced

Planned Learning Activities and Teaching Methods

1. Lectures 2. Class discussions 3. Problem solving

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA 1 MT Midterm 2 FN Final 3 FCG FINAL COURSE GRADE MT * 0.40 + FN * 0.60 4 RST RESIT 5 FCGR FINAL COURSE GRADE (RESIT) MT * 0.40 + RST * 0.60

Further Notes About Assessment Methods

None

Assessment Criteria

To be announced.

Language of Instruction

English

Course Policies and Rules

It is obligatory to attend at least 70% of the classes.

Contact Details for the Lecturer(s)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours) Lectures 12 3 36 Tutorials 10 1 10 Preparation for midterm exam 1 10 10 Preparations before/after weekly lectures 12 2 24 Preparation for final exam 1 12 12 Preparing assignments 1 15 15 Preparation for quiz etc. 3 1 3 Midterm 1 2 2 Final 1 2 2 Quiz etc. 3 1 3 TOTAL WORKLOAD (hours) 117

Contribution of Learning Outcomes to Programme Outcomes

PO/LO PO.1 PO.2 PO.3 PO.4 PO.5 PO.6 PO.7 PO.8 PO.9 PO.10 PO.11 PO.12 PO.13 PO.14 PO.15 LO.1 5 LO.2 5 LO.3 5 LO.4 5 LO.5 5 LO.6 4 4