COURSE UNIT TITLE

: CURRENT ISSUES IN WORLD ECONOMY

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
IBS 4292 CURRENT ISSUES IN WORLD ECONOMY ELECTIVE 3 0 0 5

Offered By

International Business and Trade

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASISTANT PROFESSOR AFIFE DUYGU AYHAN

Offered to

Economics
International Business and Trade

Course Objective

The purpose of this course is to convey the diversity and new trends of contemporary world economy to students emphasizing the dynamics of financial crises, integration of developing countries to the world economy, new production areas, environmental problems, current monetary and fiscal policies, international capital flows and current risks in global economy and financial markets.

Learning Outcomes of the Course Unit

1   The learner will be able to document the current problems in world economy for answering the risks in developed and developing countries.
2   The learner will be able to link the concepts to look through the different issues facing the global economy.
3   The learner will be able to follow economic policies adopted by major developed and developing countries to detect macroeconomic issues and vulnerabilities for the global economy.
4   The learner will be able to acquire current news on world economy by following the periodicals and journals to debate possible future trends.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Discussion of hot topics in TR economy & global economy
2 Balance of payments & the trade deficit
3 Mortgage meltdown & the panic of 08
4 The Fed and financial panics & monetary policy and interest rates
5 Credit chaos & deposit insurance and financial markets
6 Discussion of hot topics in global economy
7 Financial crisis: types, lessons, earliest bubbles, process, aftermath, theories
8 The global financial and economic crisis of 2007-10: Facts & Figures
9 Presentations
10 Presentations
11 Presentations
12 Discussion of hot topics in TR economy & global economy

Recomended or Required Reading

- Course materials are drawn from a range of textbooks and journal articles
- Wall Street Journal, Financial Times, The Economist websites
- Project syndicate.org

Planned Learning Activities and Teaching Methods

1. Lecture
2. In-class discussion
3. Presentations

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MT Midterm
2 ASS Assignment
3 PRS Presentation
4 FCG FINAL COURSE GRADE MT * 0.40 +ASS * 0.20 +PRS * 0.40

Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will evaluate new trends in world economy.
2. The learner will describe dynamics of current crisis in global financial markets.
3. The learner will identify current major global concerns.
4. The learner will follow and interpret the world economy by following news in media.

Language of Instruction

English

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

aduygu.ayhan@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 12 3 36
Preparations before/after weekly lectures 12 2 24
Preparation for midterm exam 1 15 15
Preparation for final exam 1 15 15
Preparing presentations 12 2 24
Midterm 1 2 2
Final 1 2 2
TOTAL WORKLOAD (hours) 118

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14
LO.124
LO.213
LO.352
LO.4324

CONTACT INFORMATION
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Phone: +90(232) 412 12 12 - Fax: +90 (232) 464 81 35

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