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Course Unit Title Course Unit Code Type of Course Unit Level of Course Unit Year of Study Semester ECTS Credits
World Economy ECO403 Elective Bachelor's degree 4 Fall 4

Name of Lecturer(s)

Prof. Dr. Yusuf BAYRAKTUTAN
Associate Prof. Dr. İsmail ŞİRİNER

Learning Outcomes of the Course Unit

1) Evaluate general structure of global economy, and current developments.
2) Recognize fundamental issues and global mechanisms.
3) Evaluate developed economies.
4) Recognize developing countries.
5) Identify emerging markets.

Program Competencies-Learning Outcomes Relation

  Program Competencies
1 2 3 4 5 6 7 8 9 10
Learning Outcomes
1 High Middle Middle High High Middle High High Middle Middle
2 High Middle Middle High High Middle High High Middle Middle
3 High Middle Middle High High Middle High High Middle Middle
4 High Middle Middle High High Middle High High Middle Middle
5 High Middle Middle High High Middle High High Middle Middle

Mode of Delivery

Face to Face

Prerequisites and Co-Requisites

None

Recommended Optional Programme Components

Not Required

Course Contents

This course covers open economy, microeconomics, demand, supply, international trade and welfare, national economy in world economy, ,nternational investment and financial flows, international trade: goods and countries, commercial policy, political economy of trade policy, trade restrictions and macroeconomy, WTO, exchange rate systems, International reserves, International debt and Turkey in the world economy.

Weekly Schedule

1) Introduction
2) Historical Patterns of the World Economy
3) Economic Indicators
4) Developed Economies
5) Developing Economies
6) Newly Industrializing Economies
7) Transformation Economies
8) Midterm
9) Emerging Markets
10) Poverty- Food- Energy
11) Economic Foundations of Globalization
12) Economic Integrations
13) Global Trade
14) Capital Movements
15) Financial Crises
16) Final Examination

Recommended or Required Reading

Planned Learning Activities and Teaching Methods

1) Lecture
2) Question-Answer
3) Discussion
4) Group Study
5) Self Study


Assessment Methods and Criteria

Contribution of Midterm Examination to Course Grade

40%

Contribution of Final Examination to Course Grade

60%

Total

100%

Language of Instruction

English

Work Placement(s)

Not Required