COURSE UNIT TITLE

: ECONOMIC CRISIS THEORIES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
MSH 0069 ECONOMIC CRISIS THEORIES ELECTIVE 3 0 0 3

Offered By

Efes Vocational School

Level of Course Unit

Short Cycle Programmes (Associate's Degree)

Course Coordinator

DOCTOR HAKAN SÖNMEZ

Offered to

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

Course Objective

To examine the causes and effects of the economic crises, to evaluate crisis indicators and the attitudes of international institutions in the financial crises, and to analyze the impacts of social classes on crisis from the crisis to the world-wide and Turkish economy.

Learning Outcomes of the Course Unit

1   Students will be able to understand economic crises
2   Students will be able to understand the causes of economic crises
3   Students will be able to learn the effects of economic crises on Turkish Economy
4   Students will be able to learn the effects of economic crises on the world economy
5   Students will be able to understand what the leading indicators of economic crises are

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Crisis in concept: causes, types and indicators
2 Crisis theories and approaches explaining financial crises
3 The model explaining financial crises
4 Financial liberalization crisis relation
5 The reasons and common features of financial crises in developing countries
6 1992 European currency crisis (ERM) crisis
7 Analysis of global financial and economic crises: country examples; Mexico - Argentina and Brazil
8 Mid-Term Exam
9 The 1929 world economic crisis
10 1997 Asian crisis and its effects
11 Türkiye crises: evaluation of crises of 1994, 2000 and 2001
12 The evaluation of the 2008 mortgage crisis: the effects on the world and our economies
13 Discussing and analyzing the common features of living crises
14 Discussing and analyzing the common features of living crises
15 Discussing and analyzing the common features of living crises
16 Final Exam

Recomended or Required Reading

Cüneyt AKMAN, Küresel Kriz, Kalkedon Yayınları, Istanbul, 2010.

Supplementary Book(s):
1) Aydan KANSU, Türkiye 1994 ve 2001 Krizleri, Güncel Yayıncılık, Istanbul, 2006.
2) Melih GÜRSOY, Ekonomik ve Finansal Krizler, Dünü ve Bugünü, Metis Yayınları, Istanbul, 2009.

Planned Learning Activities and Teaching Methods

Lecturing and preparing to subjects

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 3 36
Preparation for midterm exam 1 12 12
Preparation for final exam 1 12 12
Midterm 1 2 2
Final 1 2 2
TOTAL WORKLOAD (hours) 64

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14PO.15PO.16
LO.13
LO.23
LO.34
LO.45
LO.55