COURSE UNIT TITLE

: ECONOMICS OF EMERGING MARKETS

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
IBS 3272 ECONOMICS OF EMERGING MARKETS ELECTIVE 3 0 0 5

Offered By

International Business and Trade

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASSOCIATE PROFESSOR AFIFE DUYGU AKDENIZ

Offered to

International Business and Trade
Economics

Course Objective

The objective of this course is to provide an understanding the key charecteristics and role of emerging market economies in the world economy emphasizing the emerging market country groups (such as, BRICS, NIC, CEEC, N-11, E-7,...) and regions. This class gives students an ability to produce a country-based study using economic and social data for each country. Moreover, emerging market economies crisis will be analyzed.

Learning Outcomes of the Course Unit

1   The learner will be able to differentiate major characteristics and concepts of the emerging market economies for the purpose of understanding the role of these countries in the world economy.
2   The learner will describe the types and models of financial crises for evaluating and coping with emerging market crises.
3   The learner will be able to design a country-based research study to compare various aspects and problems of emerging market economies.
4   The learner will be able to acquire the recent economic and financial news on emerging markets by following the periodicals and journals to have a better understanding on a success or possible financial crisis in any of these emerging market economies .

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

ECO 1002 - ECONOMICS II

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Overview of the emerging markets: (characteristics, country groups, role, classification) + an article reading
2 Discussion of recent news/articles on ems
3 The lion, the dragon and the tigers: Economic growth in Asia, An overview of China s Economy, Problems facing the Chinese economic system
4 New nature of emerging market crises: Sources of vulnerability in emerging market crises
5 New nature of emerging market crises: Interpreting recent crises
6 Discussion of recent news/articles on ems
7 Term project presentations: BRICS
8 Term project presentations: Latin America
9 Term project presentations: Asia-Pasific Region 1
10 Term project presentations: Asia-Pasific Region 2
11 Term project presentations: Emerging Europe & Turkey
12 Term project presentations: Middle East & Africa

Recomended or Required Reading

Course materials are drawn from a range of textbooks and journal articles.

Planned Learning Activities and Teaching Methods

1. Lecture
2. In-class discussions
3. Journal keeping on emerging market news
4. Individual Term project

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MT Midterm
2 ASS Assignment
3 FN Final
4 FCG FINAL COURSE GRADE MT * 0.30 + ASS * 0.30 + FN * 0.40
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MT * 0.30 + ASS * 0.30 + RST * 0.40


*** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will clearly define major characteristics and concepts of the emerging market economies.
2. The learner will compare and interpret the economic and social outlook of major emerging market economies.
3. The learner will clearly define types and models of financial crises.
4. The learner will show understanding and coping with emerging market crises.
5. The learner will evaluate the recent macroeconomic and financial data on Turkish economy.
6. The learner will follow and interpret the economic developments on emerging markets by following news in media.

Language of Instruction

English

Course Policies and Rules

1. Participation in class and in-class discussion is compulsory.
2. All individual projects should be presented and submitted on time. Otherwise will not be accepted

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
Preparations before/after weekly lectures 10 2 20
Preparation for midterm exam 1 13 13
Preparation for final exam 1 23 23
Preparing assignments 2 5 10
Preparing presentations 1 20 20
Midterm 1 2 2
Final 1 2 2
TOTAL WORKLOAD (hours) 126

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14
LO.15
LO.254
LO.35
LO.45