Information Package / Course Catalogue
| Psychology | |||||
| Bachelor | Length of the Programme: 4 | Number of Credits: 240 | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF: Level 6 |
Ders Genel Tanıtım Bilgileri
| School/Faculty/Institute | Faculty of Economics, Administrative and Social Sciences | ||||
| Course Code | ECON 117 | ||||
| Course Title in English | Macroeconomics for Leaders | ||||
| Course Title in Turkish | Liderler için Makroekonomi | ||||
| Language of Instruction | EN | ||||
| Type of Course | Flipped Classroom | ||||
| Level of Course | Seçiniz | ||||
| Semester | Spring | ||||
| Contact Hours per Week |
|
||||
| Estimated Student Workload | 126 hours per semester | ||||
| Number of Credits | 5 ECTS | ||||
| Grading Mode | Standard Letter Grade | ||||
| Pre-requisites | None | ||||
| Expected Prior Knowledge | None | ||||
| Co-requisites | None | ||||
| Registration Restrictions | Leadership Minor Only | ||||
| Overall Educational Objective | Learn how macroeconomic indicators, particularly for the Turkish Economy, relate to each other and to financial markets. | ||||
| Course Description | The course gives an opportunity to make accurate analysis of Turkey’s key macroeconomic indicators (i.e. GDP, inflation, current account etc). The course aims to (1) interpret the key macroeconomic data correctly via obtaining data from the original source, (2) make concrete analysis and (3) find out the relation with the (global) financial markets. | ||||
| Course Description in Turkish | Ders, Türkiye’nin (GSYİH, enflasyon, cari açık gibi) temel makroeokonomik göstergelerini doğru analiz etme fırsatı sunmaktadır. Ders, verileri kaynağından temin etmek suretiyle somut analiz yapma ve temel göstergelerin (küresel) finansal piyasalarla ilişkisini anlayabilme yetkinliği ile temel göstergeleri etkin şekilde yorumlamayı amaçlamaktadır. |
Course Learning Outcomes and CompetencesUpon successful completion of the course, the learner is expected to be able to:1) Perform an accurate macroeconomic analysis by obtaining data from the original source will bring about a correct interpretation about the current economic environment 2) Infer the relation between economic indicators and financial markets for effective decision making and risk management 3) Evaluate the global market developments and its impact on Turkish economy |
| Program Learning Outcomes/Course Learning Outcomes | 1 | 2 | 3 |
|---|---|---|---|
| 1) Thorough knowledge of the major concepts, theoretical perspectives, empirical findings, and historical trends in psychology. | |||
| 2) Understanding of and ability to apply essential research methods in psychology, including research design, data analysis, and data interpretation. | |||
| 3) Competence to use critical and creative thinking, skeptical inquiry and a scientific approach to solving problems related to behavior and mental processes. | |||
| 4) Understanding and ability to apply psychological principles, skills and values in personal, social, and organizational contexts. | |||
| 5) Ability to weigh evidence, to tolerate ambiguity, and to reflect other values that underpin psychology as a discipline. | |||
| 6) Internalization and dissemination of professional ethical standards. | |||
| 7) Demonstration of competence in information technologies, and the ability to use computer and other technologies for purposes related to the pursuit of knowledge in psychology and the broader social sciences. | |||
| 8) Skills to communicate the knowledge of psychological science effectively, in a variety of formats, in both Turkish and in English (in English, at least CEFR B2 level). | |||
| 9) Recognition, understanding, and respect for the complexity of sociocultural and international diversity. | |||
| 10) Recognition for the need for, and the skills to pursue, lifelong learning, inquiry, and self-improvement. | |||
| 11) Ability to formulate critical hypotheses based on psychological theory and literature, and design studies to test those hypotheses. | |||
| 12) Ability to acquire knowledge independently, and to plan one’s own learning. | |||
| 13) Demonstration of advanced competence in the clarity and composition of written work and presentations. |
Relation to Program Outcomes and Competences
| N None | S Supportive | H Highly Related |
| Program Outcomes and Competences | Level | Assessed by | |
| 1) | Thorough knowledge of the major concepts, theoretical perspectives, empirical findings, and historical trends in psychology. | N | |
| 2) | Understanding of and ability to apply essential research methods in psychology, including research design, data analysis, and data interpretation. | N | |
| 3) | Competence to use critical and creative thinking, skeptical inquiry and a scientific approach to solving problems related to behavior and mental processes. | H | Exam,HW,Participation |
| 4) | Understanding and ability to apply psychological principles, skills and values in personal, social, and organizational contexts. | N | |
| 5) | Ability to weigh evidence, to tolerate ambiguity, and to reflect other values that underpin psychology as a discipline. | N | |
| 6) | Internalization and dissemination of professional ethical standards. | N | |
| 7) | Demonstration of competence in information technologies, and the ability to use computer and other technologies for purposes related to the pursuit of knowledge in psychology and the broader social sciences. | N | |
| 8) | Skills to communicate the knowledge of psychological science effectively, in a variety of formats, in both Turkish and in English (in English, at least CEFR B2 level). | N | |
| 9) | Recognition, understanding, and respect for the complexity of sociocultural and international diversity. | S | Participation |
| 10) | Recognition for the need for, and the skills to pursue, lifelong learning, inquiry, and self-improvement. | S | HW,Participation |
| 11) | Ability to formulate critical hypotheses based on psychological theory and literature, and design studies to test those hypotheses. | N | |
| 12) | Ability to acquire knowledge independently, and to plan one’s own learning. | S | Exam,HW |
| 13) | Demonstration of advanced competence in the clarity and composition of written work and presentations. | H | Exam,HW |
| Prepared by and Date | FIRAT BİLGEL , December 2023 |
| Course Coordinator | BAŞAR YILDIRIM |
| Semester | Spring |
| Name of Instructor | Öğr. Gör. BAŞAR YILDIRIM |
Course Contents
| Week | Subject |
| 1) | Introduction to the dynamics of Turkish Economy |
| 2) | Economic Activity 1: How to analyze economic growth? Components of Gross Domestic Product |
| 3) | Economic Activity 2: Leading indicators to predict growth |
| 4) | Employment statistics and the correlation with the economic activity |
| 5) | Assignment 1 |
| 6) | Inflation dynamics |
| 7) | Monetary Policy and Implications |
| 8) | Guest Speaker |
| 9) | External Balance: Foreign Trade & Balance of Payments |
| 10) | Fiscal Stance: Central Government Budget & Public Debt |
| 11) | Assignment 2 |
| 12) | Relations between economic indicators and impact on financial markets (How to read financial indicators) |
| 13) | Turkey’s economic position within emerging markets |
| 14) | The impact of economic developments in advanced economies on Turkey |
| 15) | Final Examination Period |
| 16) | Final Examination Period |
| Required/Recommended Readings | A Concise Guide to Macroeconomics, Second Edition: What Managers, Executives, and Students Need to Know (2014), Harvard Business Review Press Guide to Economic Indicators: Making Sense of Economics, The Economist, Profile Books Ltd Mahfi Eğilmez, Ekonominin Temelleri (2019), Remzi Kitabevi Acemoglu, Daron, and James A Robinson (2012), Why Nations Fail: The Origins of Power, Prosperity and Poverty, Crown Publishing Group | |||||||||||||||
| Teaching Methods | Lectures (Flipped Learning) | |||||||||||||||
| Homework and Projects | Quizzes and Assignments | |||||||||||||||
| Laboratory Work | none | |||||||||||||||
| Computer Use | none | |||||||||||||||
| Other Activities | none | |||||||||||||||
| Assessment Methods |
|
|||||||||||||||
| Course Administration |
yildirimbasa@mef.edu.tr More detailed information about the course, like office hours, can be found on the blackboard. Attendance is required. Academic Dishonesty and Plagiarism: YOK Regulation |
|||||||||||||||
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 | 2 | 2 | 84 | ||
| Homework Assignments | 2 | 1 | 3 | 10 | 28 | ||
| Final Examination | 1 | 1 | 3 | 10 | 14 | ||
| Total Workload | 126 | ||||||
| Total Workload/25 | 5.0 | ||||||
| ECTS | 5 | ||||||