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Information
| Unit | FACULTY OF ENGINEERING |
| MINING ENGINEERING PR. | |
| Code | MDS219 |
| Name | General Economics |
| Term | 2021-2022 Academic Year |
| Semester | 3. Semester |
| Duration (T+A) | 2-0 (T-A) (17 Week) |
| ECTS | 3 ECTS |
| National Credit | 2 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Label | E Elective |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. HÜSEYİN VAPUR |
| Course Instructor |
Prof. Dr. HÜSEYİN VAPUR
(Güz)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
A good engineer should be familiar with the general economic matters and using the theoretical and practical knowledge of running a profitable business. For this reason, the aim is to introduce general economic topics in this course (marketing, business, export, import, inflation, supply and demand, etc.).
Course Content
What is economy and need. The global economy and the effects of mining, the cost of production inputs, the concept of flexibility in the domestic and foreign export-import relationship, money and banking, inflation and interest relationship.The relationship between markets, marketing, economic recession, the growth and the stock market, stocks, the central bank relations.
Course Precondition
Yok
Resources
Notes
Ders Notu ve Kitaplar
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Has an understanding of what the economy is and the scope of economic systems and the economy. |
| LO02 | Knows about the balance between need, supply and demand. |
| LO03 | Knows about the concept of flexibility and market. |
| LO04 | Knows about factors of production. |
| LO05 | Knows about market types. |
| LO06 | Knows about money and banking, national income, assets and employment. |
| LO07 | Knows about foreign trade and the global economy. |
| LO08 | Knows about Types and characteristics of the market |
| LO09 | Knows about Price formation, Demand-Supply, |
| LO10 | Knows about The concept of flexibility, taxes and subsidies |
| LO11 | Knows about the theory of production and distribution |
| LO12 | Knows about theories of international trade, the balance of foreign payments |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | PÇ1. (a) Adequate knowledge of mathematics, basic sciences, and discipline-specific topics in Mining Engineering; PÇ1. (b) the ability to use theoretical and applied knowledge in these areas for solving complex engineering problems. | |
| PLO02 | Beceriler - Bilişsel, Uygulamalı | PÇ2. (a) Ability to identify, formulate, and solve complex problems in Mining Engineering; PÇ2. (b) ability to select and apply appropriate analysis and modeling methods for this purpose. | |
| PLO03 | Beceriler - Bilişsel, Uygulamalı | PÇ3. (a) Ability to design a complex system, process, device, or product to meet specified requirements under realistic constraints and conditions; PÇ3. (b) ability to apply modern design methods for this purpose. | |
| PLO04 | Beceriler - Bilişsel, Uygulamalı | PÇ4. (a) Ability to select and use modern technical tools necessary for the analysis and solution of complex problems encountered in Mining Engineering applications; PÇ4. (b) ability to effectively use information technologies. | |
| PLO05 | Beceriler - Bilişsel, Uygulamalı | PÇ5. Ability to design experiments, conduct experiments, collect data, analyze and interpret results for the investigation of problems specific to Mining Engineering. | |
| PLO06 | Beceriler - Bilişsel, Uygulamalı | PÇ6. (a) Ability to work effectively in disciplinary (Mining Engineering) and multidisciplinary teams; PÇ6. (b) ability to work individually. | |
| PLO07 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | PÇ7. (a) Ability to communicate effectively in Turkish, both orally and in writing; PÇ7. (b) knowledge of at least one foreign language; ability to write effective reports and understand written reports, prepare design and production reports, deliver effective presentations, and give and receive clear and understandable instructions. | |
| PLO08 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | PÇ8. Awareness of the necessity of lifelong learning; ability to access information, follow developments in science and technology, and continuously improve oneself. | 5 |
| PLO09 | Yetkinlikler - Öğrenme Yetkinliği | PÇ9. Ability to act in accordance with the ethical principles of Mining Engineering; knowledge of professional and ethical responsibilities and of the standards used in engineering practice. | |
| PLO10 | Yetkinlikler - Öğrenme Yetkinliği | PÇ10. Knowledge of business-life practices such as project management, risk management, and change management; awareness of entrepreneurship, innovation, and sustainable development. | |
| PLO11 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | PÇ11. Knowledge of the impacts of Mining Engineering practices on health, environment, and safety at universal and societal levels, as well as contemporary issues in engineering; awareness of the legal consequences of Mining Engineering solutions. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | What is economics. Scope of the main problems of the economy | Lecture notes (1-10) | |
| 2 | Economic systems, doctrines, and the global economy | Lecture notes (10-20) | |
| 3 | General Purpose, factors that affect the kinds of goods and services | Lecture notes (20-30) | |
| 4 | Utility services and factors of production | Lecture notes (30-40) | |
| 5 | Types and characteristics of the market | Lecture notes (40-50) | |
| 6 | Price formation, Demand-Supply, | Lecture notes (50-60) | |
| 7 | The concept of flexibility, taxes and subsidies | Lecture notes (60-70) | |
| 8 | Mid-Term Exam | Lecture notes | |
| 9 | The theory of production and distribution | Lecture notes (70-80) | |
| 10 | National income assets and employment | Lecture notes (80-90) | |
| 11 | Money, Banking, Inflation and Interest | Lecture notes (90-100) | |
| 12 | Theories of international trade, the balance of foreign payments | Lecture notes (100-110) | |
| 13 | Relations with the markets of firms and households, general descriptions about the economy (IMF, in the WPI, CPI, devaluation, revaluation, etc.) | Additional notes (10-30) | |
| 14 | Repetition of subject, applications, and Make-up Exam | Lecture notes | |
| 15 | Repetition of subject, applications, and Make-up Exam | Lecture notes | |
| 16 | Term Exams | Lecture notes | |
| 17 | Term Exams | Lecture notes |
Assessment (Exam) Methods and Criteria
Current term shares have not yet been determined. Shares of the previous term are shown.
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 2 | 28 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 2 | 28 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 6 | 6 |
| Final Exam | 1 | 16 | 16 |
| Total Workload (Hour) | 78 | ||
| Total Workload / 25 (h) | 3,12 | ||
| ECTS | 3 ECTS | ||