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) |
Explains the basic, theoretical and practical information about maritime activities. |
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1.1 Defines the basic features of maritime businesses, evaluate similarities and differences in practice. |
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1.2 Explains the planning processes in the ports and marinas and the business cycles and defines the requirements specific to the area. |
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1.3 Explains basic technical issues and terminology related to maritime industry. |
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1.4 Relates ship management, agency services and procurement processes and also predicts possible problems in these processes. |
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1.5 Matches effectively the current information and communication technologies required by the maritime industry. |
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1.6 Recall the national and international legislation and regulations related to maritime field. |
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1.7 Explains the necessary occupational health and safety, environmental protection, quality and continuous improvement procedures related to the maritime field. |
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1.8 Associates the logistics and supply chain processes to sea transportation. |
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2) |
Evaluates the structure and basic operations of maritime transport field. |
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2.1
Explains the technical equipment used in ports and the general operations of the operational sites with the handling procedures. |
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2.2
Explains the needs of the ship with how it can be supplied |
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2.3 Recalls the applications related to the carriage of special cargoes. |
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2.4 Lists the documents related to ship, port, freight and transportation, and reports on the processes of fixture and port-fixture process. |
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2.5 Explains the branches of passenger transportation systems and marine tourism. |
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2.6 Lists the types of marine insurance and distinguish the type of insurance to be applied according to the type of cargo and ship. |
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3) |
xplains the basic knowledge of law, commerce and business required by national and international maritime transport |
3 |
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3.1 Recall the basic principles of law and basic principles of maritime law. |
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3.2 Follows the economic developments in the world economy and transportation sector and associates them with the maritime sector. |
3 |
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3.3 Explain the basic business processes and marketing principles. |
2 |
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3.4 Specifies the customs procedures to be applied in foreign trade according to the type of cargo to be carried. |
2 |
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3.5 Indicates the basic methods used in the field of Marine and Port Management, economic data and methods of accounting for them. |
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3.6 Recalls the basic processes and legislation related to human resources management and organizes the maritime human resources processes. |
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4) |
Applies the theoretical knowledge learned in business life for a semester. |
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4.1 Experiences all processes in business life. |
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4.2 Takes part in activities related to the field of education in a business operating in the field. |
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4.3 Questions the application with theoretical knowledge. |
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4.4 Compiles the knowledge and experience gained in the field. |
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5) |
Acquires the competencies defined as the institutional outcomes of Beykoz University on the basic level, inline with the expectations of business world and the society. |
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5.1 Acquires competency of analyzing and solving the problems. |
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5.2 Has awareness for ethical and social responsibility. |
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5.3 Takes responsibility as a team member in works and operations of his/her field. |
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5.4 Is aware of written, verbal communication and interaction. |
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5.5 Follows the developments of advanced technology and digital transformation. |
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5.6 Acquires the awareness for lifelong learning. |
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5.7 Has awareness about citizenship competency. |
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5.8 Evaluates the developments of his/her field with the understanding of an entrepreneur. |
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5.9 Acquires communication in a Foreign Language (English) competence defined on the level of at least A2 in European Language Portfolio. (In programs whose medium of instruction is English, on the level of B1). |
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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 |