Economics and Finance (YL) (Thesis)
Master	Length of the Programme: 2	Number of Credits: 120	TR-NQF-HE: Level 7	QF-EHEA: Second Cycle	EQF: Level 7

ECTS Course Information Package

School/Faculty/Institute

Graduate School

Course Code

ECON 532

Course Title in English

Global Economy

Course Title in Turkish

Global Ekonomi

Language of Instruction

Type of Course

Lecture

Level of Course

Intermediate

Semester

Spring

Contact Hours per Week

Lecture: 3

Recitation:

Lab:

Other:

Estimated Student Workload

130 hours per semester

Number of Credits

5 ECTS

Grading Mode

Standard Letter Grade

Pre-requisites

None

Co-requisites

None

Expected Prior Knowledge

None

Registration Restrictions

Only Master Students

Overall Educational Objective

In this course, students will gain the ability to understand and interpret developments in the world economy by using current international socio-economic indicators.

Course Description

This course explores a range of subjects related to the global economy, including global economic indicators, balance of trade, trade deficits, financial crises, central banks, monetary policy, globalization, unemployment, income distribution, international trade, and emerging markets.

Course Learning Outcomes and Competences

Upon successful completion of the course, the learner is expected to be able to:
1) Lists the macroeconomic indicators of the world economy in order of importance
2) Summarizes the role of central banks in monetary and interest rate policies by giving country examples
3) Interpret the developments in the world economy by utilizing current international socio-economic indicators,
4) Compare the risks in emerging markets by ranking them in order of importance,
5) Küreselleşme ve gelir dağılımı arasındaki bağıntıları kullanarak dünya ekonomisini analiz eder.

Program Learning Outcomes/Course Learning Outcomes	1	2	3	4	5
1) To demonstrate increased proficiency on economics and finance depending on the competencies acquired at the undergraduate level.
2) To apply of mathematical concepts to related economic and business problems.
3) To comprehend and interpret the fundamental macroeconomic indicators (balance of payments, money supply, trade balance, foreign exchange rate etc.)
4) To know financial markets and risk, money markets, capital markets, real estate markets, option markets and pricing.
5) To understand the relationship between money and banking and to possess knowledge regarding the financial markets.
6) To use quantitative techniques to increase decision-making capabilities in business environment
7) To show proficiency in analyzing and interpreting financial tables
8) To apply the models used in financial decision making in accordance with risk management techniques and legal regulations.
9) To take initiative and lead multidisciplinary teams, applies economic and financial concepts to solve complex problems.
10) To use written and spoken English effectively (at least CEFR B2 level) to exchange scientific information

Relation to Program Outcomes and Competences

N None	S Supportive	H Highly Related

	Program Outcomes and Competences	Level	Assessed by
1)	To demonstrate increased proficiency on economics and finance depending on the competencies acquired at the undergraduate level.	H	Exam,Homework,Sunum
2)	To apply of mathematical concepts to related economic and business problems.	N
3)	To comprehend and interpret the fundamental macroeconomic indicators (balance of payments, money supply, trade balance, foreign exchange rate etc.)	H	Exam,Homework
4)	To know financial markets and risk, money markets, capital markets, real estate markets, option markets and pricing.	H	Exam,Homework,Sunum
5)	To understand the relationship between money and banking and to possess knowledge regarding the financial markets.	S	Homework,Sunum
6)	To use quantitative techniques to increase decision-making capabilities in business environment	N
7)	To show proficiency in analyzing and interpreting financial tables	N
8)	To apply the models used in financial decision making in accordance with risk management techniques and legal regulations.	N
9)	To take initiative and lead multidisciplinary teams, applies economic and financial concepts to solve complex problems.	S	Sunum
10)	To use written and spoken English effectively (at least CEFR B2 level) to exchange scientific information	N

Prepared by and Date	, January 2019
Course Coordinator	MUHAMMED ABDULLAH ALTUNDAL
Semester	Spring
Name of Instructor

Course Contents

Week	Subject
1)	Introduction to Global Economy
2)	Fundamentals of Economic Globalization
3)	Fundamentals of Economic Globalization
4)	Global Economic Indicators and Analysis
5)	Global Economic Indicators and Analysis
6)	Globalization, Income Distribution and Employment
7)	Globalization, Income Distribution and Employment
8)	Central Banks, Monetary and Interest Rate Policies
9)	International Capital Movements and Stock Exchanges
10)	International Trade and Exchange Rates
11)	Global Economic Crises
12)	Economic Growth and Welfare
13)	Current Developments in Emerging Economies
14)	Current Developments in Asian, European and American Economies
15)	Final
16)	Final

Required/Recommended Readings

Bağcı, E. (2019), Dışa Bağımlılığın Makroekonomik Sonuçları: Türkiye Örneği, Ankara: Nobel Yayıncılık Karagül, M. (2017), Dünya Ekonomisi, Ankara: Nobel Yayıncılık Roubini, N. (2017), Kriz Ekonomisi: Dünya Ekonomisinin Çöküşü ve Geleceği, İstanbul: Pegasus Yayınları Marrewijk, C.V. (2002), International Trade and The World Economy, Oxford University Press

Teaching Methods

Research and presentation assignments will be given on the determined topics. In parallel with the lecturer's lecture, each week a group of students will present what they have researched.

Homework and Projects

Laboratory Work

Computer Use

Other Activities

Assessment Methods

Assessment Tools	Count	Weight
Homework Assignments	1	% 20
Midterm(s)	1	% 35
Final Examination	1	% 45
TOTAL		% 100

Course Administration

bagcie@mef.edu.tr

Öğrenciler elektronik sistemler aracılığıyla paylaşılan ders dokümanlarını inceleyerek derse gelmekle sorumludurlar. Öğretim üyesi sınıf içi aktivitelerde etkileşimi arttırmak için aracı rolünü üstlenecektir. Akademik Sahtekarlık ve İntihal: YÖK Düzenlemeleri

ECTS Student Workload Estimation

Activity	No/Weeks	Hours			Calculation
	No/Weeks per Semester	Preparing for the Activity	Spent in the Activity Itself	Completing the Activity Requirements
Course Hours	14	2	3		70
Presentations / Seminar	4	8	1		36
Midterm(s)	1	8	2		10
Final Examination	1	12	2		14
Total Workload					130
Total Workload/25					5.2
ECTS					5