COURSE UNIT TITLE

: INTRODUCTION TO ECONOMICS II

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
MSH 0175 INTRODUCTION TO ECONOMICS II ELECTIVE 3 0 0 4

Offered By

Efes Vocational School

Level of Course Unit

Short Cycle Programmes (Associate's Degree)

Course Coordinator

DOCTOR HAKAN SÖNMEZ

Offered to

Tourism and Hotel Management
Cultural Heritage and Tourism
Civil Aviation and Cabin Services
Civil Aviation Transportation Management
Food Technology

Course Objective

The aim of this course is to provide students to learn the basic concepts of macro economy, the factors that make up national income equality, the effects of aggregate demand and factors that affect total supply, the main problems of the economy, money supply and money demand, the foreign exchange market and how and how basic macroeconomic policy tools are used.

Learning Outcomes of the Course Unit

1   Explains the basic concepts of macroeconomic theory.
2   Learns the concept of national income equality.
3   Learns factors affecting aggregate demand.
4   Learns the factors affecting total supply.
5   Explain the effect of market balance distortions.
6   Learns money supply, money demand, exchange rate concepts.
7   Learns the monetary and fiscal policy tools.
8   Learns the basic problems of the economy.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 The basic concepts of macroeconomics.
2 Measurement of national income with real, gross and potentially perspective.
3 Factors that consist of the national income equality.
4 Factors affecting aggregate demand.
5 Factors affecting total supply.
6 Market equilibrium formation and analysis of market equilibrium change.
7 Basic macroeconomic problems: Inflation, unemployment, relationship between inflation and employment.
8 Mid-Term Exam
9 Basic macroeconomic problems: Inflation, unemployment, relationship between inflation and employment.
10 Economic growth, internal and external debt problems.
11 The demand for money and money supply.
12 Exchange market and the determination of the exchange rate.
13 The policies of foreign trade and exchange rate and their effects on the market.
14 Monetary and fiscal policies and their effects on the market.
15 Monetary and fiscal policies and their effects on the market.
16 Final Exam.

Recomended or Required Reading

Textbook(s):
1) Case, Karl E. and Fair, Ray C., Principles of Economics, 7th or 8th Edition, Pearson/Prentice Hall, 2011.
2) Mankiw, N. G., Macroeconomics, 5th Edition, Worth Publishers, 2003.
3) Blanchard, O., Macroeconomics, 5th Edition, Addison-Wesley/Prentice Hall, 2009.
4) Dornbusch, R., Fischer, S., Startz, R., Macroeconomics, 11th Edition, McGraw-Hill, 2010.
5) Parkin, M., Macroeconomics, 8th Edition, Addison-Wesley / Prentice Hall, 2008.
6) Iktisat (Makro) John Sloman, Bilim ve Teknik Yayınevi, 2014.
7) Richard G. Lipsey and Paul N. Courant, Economics, Harper Collins, 1996.
8) Dinler, Zeynel, Iktisada Giriş, Ekin Kitabevi, Bursa, 2000.

Supplementary Book(s):
1) Taylor, John B., Economics, 4th Edition, 2004.
2) Houghton Mifflin;Aren, Sadun, Ekonomi Dersleri,Gerçek Yayınevi, Istanbul, 1976.
3) Pekin, Tevfik, Ekonomiye Giriş, Bornova 1999.
4) Özateşler, Mustafa, Ekonomi Bilimi I, Izmir, 2000.
5) Parasız, Ilker, Iktisada Giriş, 8. Baskı, Ezgi Kitabevi, 2006.
6) Gürler, A. Zafer, Genel Ekonomi,2003.

Planned Learning Activities and Teaching Methods

Face to face expression technique in the classroom, discussion and problem solving, reading research, classroom applications, student presentations.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 FIN FINAL EXAM
3 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.50 + FIN * 0.50
4 RST RESIT
5 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.50 + RST * 0.50


Further Notes About Assessment Methods

None

Assessment Criteria

Exams: There will be held on two in class exams; midterm exam and final exam during the semester.
Grades: 50 % Midterm Exam, 50 % Final Exam, 50 % Make-up Exam.

Language of Instruction

Turkish

Course Policies and Rules

1) Attending at least 70 percent of lectures and fulfill the requirements of the course are mandatory.
2) Plagiarism of any type will result in disciplinary action.

Contact Details for the Lecturer(s)

hakan.sonmez@deu.edu.tr

Office Hours

Monday, 13:00 - 16:30, Ground Floor, No: Z-08, Efes Vocational School, Selçuk / IZMIR.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 12 2 24
Preparation about subject 14 1 14
Student Presentations 1 2 2
Preparation for midterm exam 1 12 12
Preparation for final exam 1 12 12
Preparations before/after weekly lectures 12 1 12
Reading 4 1 4
In-class practices 4 1 4
Preparing presentations 1 4 4
Midterm 1 2 2
Final 1 2 2
TOTAL WORKLOAD (hours) 92

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14PO.15PO.16PO.17PO.18PO.19PO.20
LO.111
LO.211
LO.311
LO.411
LO.511
LO.611
LO.711
LO.811