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 |
ECTS Course Information Package
| 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 | Ters-yüz öğrenme | ||||
| Level of Course | Başlangıç | ||||
| Semester | Spring | ||||
| Contact Hours per Week |
|
||||
| Estimated Student Workload | 129 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 | 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 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,Homework,Derse Katılım |
| 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 | Derse Katılım |
| 10) | Recognition for the need for, and the skills to pursue, lifelong learning, inquiry, and self-improvement. | S | Homework,Derse Katılım |
| 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,Homework |
| 13) | Demonstration of advanced competence in the clarity and composition of written work and presentations. | H | Exam,Homework |
| Prepared by and Date | FIRAT BİLGEL , December 2023 |
| Course Coordinator | MUHAMMED ABDULLAH ALTUNDAL |
| Semester | Spring |
| Name of Instructor | Öğr. Gör. HAKAN AVDAN |
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 | Flipped Learning | |||||||||||||||
| Homework and Projects | Quizzes and Assignments | |||||||||||||||
| Laboratory Work | None | |||||||||||||||
| Computer Use | None | |||||||||||||||
| Other Activities | None | |||||||||||||||
| Assessment Methods |
|
|||||||||||||||
| Course Administration |
avdanh@mef.edu.tr Lecture time and place: TBA Attendance/participation: Students are expected to prepare for the lecture via assigned videos and reading materials. Students are responsible for following the announcements and course materials available on the Blackboard system. Formal use of e-mails: Students are expected to use their @mef accounts for email traffic. The instructor is only responsible for the information sent/received through the Blackboard system and emails using the @mef account. The course instructor assumes that any information sent through email will be received within 24 hours, unless a system problem occurs. Grading and evaluation: Evaluation will be based on the student learning outcomes. It is strongly recommended to complete all the work in a timely fashion. Late submissions will not be accepted. Missing midterm exam: No make-up unless a legitimate proof of absence is presented. Missing quizzes: No make-up Academic integrity: All students of MEF University are expected to be honest and comply with academic integrity. Students are expected to do their own work and neither give nor receive unauthorized assistance. Disciplinary action will be taken in case of suspicion. Improper behavior, academic dishonesty, and plagiarism: YÖK Disciplinary Regulation. IMPORTANT: A Minimum of 70% attendance is required to pass this course! This means, if you miss 5 lectures with or without an excuse, you cannot take the final exam and will get an FZ. (MEF Üniversitesi Lisans ve Önlisans Eğitim-Öğretim Yönetmeliği Madde 24). |
|||||||||||||||
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 | ||
| Quiz(zes) | 1 | 1 | 1 | 1 | 3 | ||
| Final Examination | 1 | 1 | 3 | 10 | 14 | ||
| Total Workload | 129 | ||||||
| Total Workload/25 | 5.2 | ||||||
| ECTS | 5 | ||||||