Course Learning Outcomes (CLOs) are those describing the knowledge, skills and competencies that students are expected to achieve upon successful completion of the course. In this context, Course Learning Outcomes defined for this course unit are as follows:
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Knowledge
(Described as Theoritical and/or Factual Knowledge.)
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1) Explains the concept of economics and the mechanics of economic systems
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2) Knows the actors in the economy and the relations between these actors
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3) Knows the sectors in the economy; explains the relations and differences between these sectors
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4) Knows the definition and mechanics of the three basic economics activities: production, trade and finance. Explains the economic relations between these spheres in the economy.
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5) Knows the mechanics of the financial system and its two particular areas: banks and stock markets. Explains the position and importance of these in the economy.
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6) Knows the role of the state in national economy. Knows the politics concerning state expenditures and state income in accordance to the role of the state in national economy. Knows the different approaches to the state by different economic schools and discusses the pros, cons and validities of these differences.
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7) Knows the mechanics of trade and its place in the national economy; explains the relation between exchange rate policy and international trade.
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Skills
(Describe as Cognitive and/or Practical Skills.)
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1) Knows the concepts of national income, economic growth, inflation, consumption, savings, investment and employment in the national economy; makes the calculation of these indicators
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2) Knows how to follow up on the economic developments in the media; knows how to seperate facts from interpretations and points of view. Re-interprets the facts obtained from economics news.
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Competences
(Described as "Ability of the learner to apply knowledge and skills autonomously with responsibility", "Learning to learn"," Communication and social" and "Field specific" competences.)
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1) Students taking this course gain the ability to show what they have learned by preparing a presentation on topics related to general economics.
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Week |
Subject |
Materials Sharing * |
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Related Preparation |
Further Study |
1) |
Getting acquainted, general information, concept of "economics", general overview of the economic history of mankind |
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2) |
Production and the relations of production as the basis of economy, historical and current economic systems |
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3) |
Workings of market economy, supply and demand, rates of profit, competition and monopolization |
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4) |
Labor market as a special form of market, labor supply and demand, employment and unemployment, employment and unemployment in Turkish economy |
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5) |
Concept of "sector", the diffference between real sector and service sector, the sector map of Turkish economy |
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6) |
Examination of the logistics sector |
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7) |
The relation between production and consumption, the social organization of production and consumption |
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8) |
MIDTERM |
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9) |
National income and its calculation, economic growth, income groups and the distribution of national income, national income level of Turkey and its ranking in the world |
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10) |
The place and importance of finance sector in the economy, basic financial instruments, banks, stock markets |
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11) |
The financing of production and consumption, types of credit: personal credit and corporate credit, non-credit financing, contractions in financing systems and economic crisis, the analysis of the indebtedness of different social classes in Turkey |
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12) |
The role and place of the state in the economy, state income and its politics, state expenditures and their politics, state borrowing, Central Bank |
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13) |
International economic relations, the place of external trade in the economy, balance of payments and current account deficit, exchange rate and the impact of exchange rate policy on external trade, the current situation of the external accounts of Turkey |
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14) |
Media literacy in economics, analysis of economic newspaper articles and opinion pieces |
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(KPLOs and SPLOs are the abbreviations for Key & Sub- Programme Learning Outcomes, respectively. )
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Programme Learning Outcomes |
Contribution Level (from 1 to 5) |
1) |
Have basic, theoretical and applied knowledge about E-Commerce. |
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1.1 Defines the e-commerce concept and basic concepts related to e-commerce. |
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1.2 Knows the process of e-commerce. |
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2) |
Have basic, theoretical and applied knowledge about Marketing. |
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2.1 Have general knowledge about marketing practices. |
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2.2 Have knowledge about marketing elements. |
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2.3 understand the basic strategy of marketing. |
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2.4 knows mobile marketing applications. |
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2.5 Have knowledge about mobile commerce. |
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2.6 can design a mobile marketing campaign. |
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2.7 Have a good grasp of the important details of international marketing. |
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2.8 knows digital advertising practices and strategies. |
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2.9 can design a digital advertisement sample. |
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2.10 Have knowledge about social media marketing and advertising. |
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3) |
Learns the basics of web design. |
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4) |
Applies the theoretical knowledge learned by being in business life for one semester. |
4 |
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4.1 Experiences all processes in business life. |
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4.2 It takes part in activities related to the field of education in an enterprise operating in its field. |
4 |
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4.3 Compares the theoretical information with the application. |
5 |
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4.4 They compile their knowledge and experience in the field. |
4 |
5) |
Gains at a basic level the competencies that develop in line with the expectations of the business world and society and are defined as the institutional outputs of our university. |
4 |
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5.1 Gains the ability to analyze and solve problems. |
4 |
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5.2 Has ethical and social responsibility awareness. |
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5.3 Takes responsibility as a team member in works and transactions related to his/her field. |
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5.4 Is aware of written and verbal communication and interaction. |
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5.5 Gains awareness of lifelong learning. |
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5.6 Evaluates the developments in the field with an entrepreneurial approach. |
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5.7 Gains the ability to communicate in a Foreign Language (English) defined at least A2 level of the European Language Portfolio. |
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WORKLOAD OF TEACHING & LEARNING ACTIVITIES |
Teaching & Learning Activities |
# of Activities per semester |
Duration (hour) |
Total Workload |
Course |
14 |
2 |
28 |
Laboratory |
0 |
0 |
0 |
Application |
0 |
0 |
0 |
Special Course Internship (Work Placement) |
0 |
0 |
0 |
Field Work |
0 |
0 |
0 |
Study Hours Out of Class |
14 |
2 |
28 |
Presentations / Seminar |
0 |
0 |
0 |
Project |
0 |
0 |
0 |
Homework Assignments |
0 |
0 |
0 |
Total Workload of Teaching & Learning Activities |
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56 |
WORKLOAD OF ASSESMENT & EVALUATION ACTIVITIES |
Assesment & Evaluation Activities |
# of Activities per semester |
Duration (hour) |
Total Workload |
Quizzes |
2 |
4 |
8 |
Midterms |
1 |
4 |
4 |
Semester Final Exam |
1 |
8 |
8 |
Total Workload of Assesment & Evaluation Activities |
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20 |
TOTAL WORKLOAD (Teaching & Learning + Assesment & Evaluation Activities) |
76 |
ECTS CREDITS OF THE COURSE (Total Workload/25.5 h) |
3 |