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Information
| Code | BVS122 |
| Name | INTRODUCTION TO ECONOMICS |
| Term | 2024-2025 Academic Year |
| Semester | 2. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 4 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Ön Lisans Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Öğr. Gör. HASAN AYHAN RADAVUŞ |
| Course Instructor |
1 2 |
Course Goal / Objective
This course explains the basic principles on which the economy is based, and how individuals and firms act and make decisions in the light of these principles.
Course Content
This course covers the basics of Macroeconomics and alternative views in Macroeconomics.
Course Precondition
none
Resources
Introduction to economics, Zeynel Dinler
Notes
Introduction to economics, Ersan Bocutoğlu
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Defines Nominal and Real Gross National Product |
| LO02 | Understand GDP, its components (C, I, G, X,M), the relationship among them. |
| LO03 | Understand growth, price indexes, inflation, unemployment, business cycles and interaction among them. |
| LO04 | Can follow the conjuncture, labor market and price level |
| LO05 | Explain how the price level and inflation rate are measured using the consumer price index. |
| LO06 | Can use aggregate supply and aggregate demand in macroeconomic analysis. |
| LO07 | Interpret the economy in full employment. |
| LO08 | Can explain Monetary and Fiscal Policies. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Students have current theoretical knowledge in basic level related to Banking and Insurance. | 4 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Students have current practical knowledge at basic level related to Banking and Insurance. | 4 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Students are able to use the basic level theoretical and practical knowledge in the field of Banking and Insurance in a field of advanced education or at the same level. | |
| PLO04 | Bilgi - Kuramsal, Olgusal | Defines the basic knowledge and skills related to the banking and insurance profession. | |
| PLO05 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Works independently and defines responsibilities on basic level issues related to the banking and insurance profession. | 4 |
| PLO06 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Demonstrates responsibility as a team member to solve complex and unforeseen problems encountered in applications related to the banking and insurance profession. | |
| PLO07 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Organizes activities for the development of employees under her responsibility within the framework of a project. | |
| PLO08 | Yetkinlikler - Öğrenme Yetkinliği | Sorts their own knowledge and skill level critically, identifies their learning needs. | |
| PLO09 | Yetkinlikler - Alana Özgü Yetkinlik | Raises professional development to a higher level. | |
| PLO10 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Students have the awareness of lifelong learning. | |
| PLO11 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Expresses his/her thoughts through written and verbal communication at the level of basic knowledge and skills on banking and insurance profession. | |
| PLO12 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Know a foreign language at basic level, follow the information related to the profession and communicate with colleagues in a foreign language. | |
| PLO13 | Beceriler - Bilişsel, Uygulamalı | Understands computer operating systems, office applications, information and communication technologies. | |
| PLO14 | Yetkinlikler - Alana Özgü Yetkinlik | It has social, scientific, cultural and ethical values in the stages of collecting, implementing and announcing the data related to the field. | |
| PLO15 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | The history of our republic, basic values, the universality of social rights, social justice, quality and cultural values, environmental protection, occupational health and safety has sufficient consciousness. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Introduction to Macroeconomics | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım |
| 2 | Calculation of National Income | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama, Soru-Cevap |
| 3 | Economic Growth | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Alıştırma ve Uygulama |
| 4 | Money, Savings, Investment and the financial system | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 5 | Inflation | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 6 | Labor market and unemployment | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 7 | Money supply and money demand | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 8 | Mid-Term Exam | written exam | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Aggregate demand in goods and money markets | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 10 | Formation of aggregate supply and equilibrium price level | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 11 | Fiscal and monetary policy | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 12 | Financial crises | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 13 | International trade | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım |
| 14 | International finance | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım |
| 15 | Alternative views in macroeconomics | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 16 | Term Exams | exam preparation | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | exam preparation | Ölçme Yöntemleri: Yazılı Sınav |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 3 | 42 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 7 | 7 |
| Final Exam | 1 | 18 | 18 |
| Total Workload (Hour) | 109 | ||
| Total Workload / 25 (h) | 4,36 | ||
| ECTS | 4 ECTS | ||