FNCE312 Economic Policies and İndicatorsIstanbul Okan UniversityDegree Programs Chinese Translation and InterpretingGeneral Information For StudentsDiploma SupplementErasmus Policy StatementNational Qualifications
Chinese Translation and Interpreting
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

General course introduction information

Course Code: FNCE312
Course Name: Economic Policies and İndicators
Course Semester: Spring
Course Credits:
Theoretical Practical Credit ECTS
3 0 3 6
Language of instruction: EN
Course Requisites:
Does the Course Require Work Experience?: No
Type of course: University Elective
Course Level:
Bachelor TR-NQF-HE:6. Master`s Degree QF-EHEA:First Cycle EQF-LLL:6. Master`s Degree
Mode of Delivery: Face to face
Course Coordinator : Prof. Dr. AYLİN SOYDAN
Course Lecturer(s): Prof. Dr. AYLİN SOYDAN
Course Assistants:

Course Objective and Content

Course Objectives: The aim of this course is to provide students with a general perspective and tools that would help critically analyse macroeconomic issues and challanges in national economies in relation with the world economy.

Course Content: Macroeconomic models and their policy prescriptions; fiscal policy instruments; monetary policy; economic policy in open economy; exchange rate systems; balance of payments; protectionism; financial liberalisation, globalisation and financial crises; global imbalances; macroprudential policies; economic indicators pertinent to macroeconomic policies.

Learning Outcomes

The students who have succeeded in this course;
Learning Outcomes
1 - Knowledge
Theoretical - Conceptual
1) Demonstrate theoretical and analytical skills to identify and discuss current fundamental economic problems;
2) Retrieve and interpret economic data on significant macroeconomic issues, such as national income, income distribution, inflation, unemployment, economic growth, and so, considering the links between them;
3) Evaluate economic policies employed critically;
4) Recognise the problems and opportunities that arise from the economic interaction among countries.
2 - Skills
Cognitive - Practical
3 - Competences
Communication and Social Competence
Learning Competence
Field Specific Competence
Competence to Work Independently and Take Responsibility

Lesson Plan

Week Subject Related Preparation
1) Introduction: Main Macroeconomic Issues none
2) National Income Accounts syllbus
3) National Income: Growth - Income Distribution Reading
3) National Income: Growth - Income Distribution readıng
4) Sectoral Structure: Agriculture, Industry, Services readıng
5) Empoyment and Unemployment readıng
6) Inflation readıng
7) Financial System reading
8) Central Banking and Monetary Policy reading
9) Public Sector and Fiscal Policy reading
10) Dynamics in the World Economy Reading
11) International Economic Relations and Balance of Payments Issues reading
12) Economic and Financial Crises reading
13) Recent Global Crisis and the Economy reading
14) Revision None

Sources

Course Notes / Textbooks: An updated reading-list comprising book chapters and articles will be provided.

Mankiw, N. Gregory. (2016). Macroeconomics. 9th Edition. New York, NY: Worth. [ISBN-13: 978-1464182891, ISBN-10: 1464182892]
References: An updated reading-list comprising book chapters and articles will be provided.

Some resources for basic macroeconomic indicators:
Moss, D (2014) A Concise Guide to Macroeconomics. Boston: Harvard Business Review Press.
The Economist (2007) Guide to Indicators: Making Sense of Economics, various editions.
Akyildiz, F (2017) Göstergeler Ne Anlatır? Türkiye İçin İktisadi Göstergeler Rehberi. İstanbul: İstanbul Bilgi Üniversitesi Yaynları

Course-Program Learning Outcome Relationship

Learning Outcomes

1

2

3

4

Program Outcomes
1) Having advanced theoretical and practical knowledge supported by textbooks, application tools and other resources containing current information in the field.
1) Graduates are capable of performing written and oral translation in at least one field of expertise, in accordance with the existing needs of professional life.
2) To be able to use advanced theoretical and applied knowledge in the field. To be able to interpret and evaluate data, identify problems, analyze, and develop solutions based on research and evidence using advanced knowledge and skills in the field.
2) Graduates have multilingual communication skills adequate to produce written and oral translations in language categories A, B, and C (language levels according to the European Language Portfolio on a Global Scale; language A at C2 level, language B at B2 level, language/s C at B1 level).
3) To be able to conduct an advanced study related to the field independently. To take responsibility individually and as a team member to solve unforeseen and complex problems encountered in applications related to the field. To be able to plan and manage activities for the development of employees under their responsibility within the framework of a project.
3) Graduates become familiar with the intellectual and cultural traditions in the cultures speaking A, B, and C languages and obtain awareness about behaviors and attitudes specific to such cultures.
4) To be able to evaluate the advanced knowledge and skills in the field with a critical approach, To be able to determine learning needs and direct learning. To be able to develop a positive attitude towards lifelong learning.
4) Graduates analyze written and oral texts produced in A, B and C languages, and comment on and translate them into the language A or B.
5) To be able to inform the related people and institutions on the subjects related to the field; To be able to convey their thoughts and solution suggestions for problems verbally and in writing. To be able to share their thoughts and solution suggestions on issues related to the field with the experts and non-experts by supporting them with quantitative and qualitative data. To be able to organize and implement projects and activities for the social environment in which they live with a sense of social responsibility. To be able to follow the information in the field and communicate with colleagues by using a foreign language at least at the European Language Portfolio B1 General Level. To be able to use information and communication technologies with at least the European Computer Driving License Advanced Level computer software required by the field.
5) Graduates use the contemporary tools and techniques required for the practice of translation, as well as information and communication technologies together with computer hardware and software knowledge required by the field.
6) Graduates possess sufficient knowledge of theoretical and methodological approaches in translation studies to begin graduate studies in the field.
6) Acting in accordance with social, scientific, cultural and ethical values in the stages of collecting, interpreting, applying and announcing the results of the field. Having sufficient awareness of the universality of social rights, social justice, quality culture and protection of cultural values, environmental protection, occupational health and safety.
7) Graduates possess sufficient knowledge to evaluate issues related to the education of translators as well as to occupational organizing and ethics within the profession, and to propose, from a social and scientific perspective, solutions to such issues in the various fields in which the need for translation arises.
8) Graduates have the ability to perform disciplinary as well as inter-disciplinary team work.

Course - Learning Outcome Relationship

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) Having advanced theoretical and practical knowledge supported by textbooks, application tools and other resources containing current information in the field.
1) Graduates are capable of performing written and oral translation in at least one field of expertise, in accordance with the existing needs of professional life.
2) To be able to use advanced theoretical and applied knowledge in the field. To be able to interpret and evaluate data, identify problems, analyze, and develop solutions based on research and evidence using advanced knowledge and skills in the field.
2) Graduates have multilingual communication skills adequate to produce written and oral translations in language categories A, B, and C (language levels according to the European Language Portfolio on a Global Scale; language A at C2 level, language B at B2 level, language/s C at B1 level).
3) To be able to conduct an advanced study related to the field independently. To take responsibility individually and as a team member to solve unforeseen and complex problems encountered in applications related to the field. To be able to plan and manage activities for the development of employees under their responsibility within the framework of a project.
3) Graduates become familiar with the intellectual and cultural traditions in the cultures speaking A, B, and C languages and obtain awareness about behaviors and attitudes specific to such cultures.
4) To be able to evaluate the advanced knowledge and skills in the field with a critical approach, To be able to determine learning needs and direct learning. To be able to develop a positive attitude towards lifelong learning.
4) Graduates analyze written and oral texts produced in A, B and C languages, and comment on and translate them into the language A or B.
5) To be able to inform the related people and institutions on the subjects related to the field; To be able to convey their thoughts and solution suggestions for problems verbally and in writing. To be able to share their thoughts and solution suggestions on issues related to the field with the experts and non-experts by supporting them with quantitative and qualitative data. To be able to organize and implement projects and activities for the social environment in which they live with a sense of social responsibility. To be able to follow the information in the field and communicate with colleagues by using a foreign language at least at the European Language Portfolio B1 General Level. To be able to use information and communication technologies with at least the European Computer Driving License Advanced Level computer software required by the field.
5) Graduates use the contemporary tools and techniques required for the practice of translation, as well as information and communication technologies together with computer hardware and software knowledge required by the field.
6) Graduates possess sufficient knowledge of theoretical and methodological approaches in translation studies to begin graduate studies in the field.
6) Acting in accordance with social, scientific, cultural and ethical values in the stages of collecting, interpreting, applying and announcing the results of the field. Having sufficient awareness of the universality of social rights, social justice, quality culture and protection of cultural values, environmental protection, occupational health and safety.
7) Graduates possess sufficient knowledge to evaluate issues related to the education of translators as well as to occupational organizing and ethics within the profession, and to propose, from a social and scientific perspective, solutions to such issues in the various fields in which the need for translation arises.
8) Graduates have the ability to perform disciplinary as well as inter-disciplinary team work.

Learning Activity and Teaching Methods

Peer Review
Expression
Individual study and homework
Lesson
Group study and homework
Reading
Homework
Problem Solving
Q&A / Discussion
Web Based Learning

Assessment & Grading Methods and Criteria

Written Exam (Open-ended questions, multiple choice, true-false, matching, fill in the blanks, sequencing)
Homework
Observation
Individual Project
Presentation
Peer Review

Assessment & Grading

Semester Requirements Number of Activities Level of Contribution
Attendance 14 % 10
Homework Assignments 10 % 20
Midterms 1 % 30
Final 1 % 40
total % 100
PERCENTAGE OF SEMESTER WORK % 60
PERCENTAGE OF FINAL WORK % 40
total % 100

Workload and ECTS Credit Grading

Activities Number of Activities Workload
Course Hours 14 42
Study Hours Out of Class 16 92
Project 1 12
Homework Assignments 13 26
Midterms 1 1
Final 1 2
Total Workload 175