International Finance
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:

Course Requisites:

Does the Course Require Work Experience?:

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) Explain the essential body of knowledge in the area of banking and insurance, including evolution of the discipline, the state-of-the-art concepts, scientific methodology, theories and models.
1) -explain the essential body of knowledge in the area of banking and insurance, including evolution of the discipline, the state-of-the-art concepts, scientific methodology, theories and models.
2)  employ the appropriate tools and analytical techniques to collect and analyze quantitative and qualitative data in the related areas, interpret results and propose solutions.
2) Employ the appropriate tools and analytical techniques to collect and analyze quantitative and qualitative data in the related areas, interpret results and propose solutions.
3)  recognize and assess legal environment in banking and insurance industries
3) Recognize and assess legal environment in banking and insurance industries.
4) Explain ongoing operational and managerial methods in banking and insurance industries.
4)  explain ongoing operational and managerial methods in banking and insurance industries.
5) Discover and create entrepreneurial opportunities and expertise to successfully establish and develop their own ventures.
5)  discover and create entrepreneurial opportunities and expertise to successfully establish and develop their own ventures.
6)  develop the capacity to assess current global economic issues.
6) Develop the capacity to assess current global economic issues.
7)  express he role of international capital markets in the global economy; accordingly define the concept of risk in terms of measurement and management.
7) Translate and explain the content of the documents written in English related to the field .
8)  translate and explain the content of the documents written in English related to the field .
8) Express he role of international capital markets in the global economy; accordingly define the concept of risk in terms of measurement and management.
9) Identify standards of personal, professional, social and business ethics, evaluate the ethical implications of various practices in the related areas, and be aware the importance of ethical behavior in adding value to the society.
9)  identify standards of personal, professional, social and business ethics, evaluate the ethical implications of various practices in the related areas, and be aware the importance of ethical behavior in adding value to the society.

Course - Learning Outcome Relationship

No Effect	1 Lowest	2 Low	3 Average	4 High	5 Highest

	Program Outcomes	Level of Contribution
1)	Explain the essential body of knowledge in the area of banking and insurance, including evolution of the discipline, the state-of-the-art concepts, scientific methodology, theories and models.
1)	-explain the essential body of knowledge in the area of banking and insurance, including evolution of the discipline, the state-of-the-art concepts, scientific methodology, theories and models.
2)	 employ the appropriate tools and analytical techniques to collect and analyze quantitative and qualitative data in the related areas, interpret results and propose solutions.
2)	Employ the appropriate tools and analytical techniques to collect and analyze quantitative and qualitative data in the related areas, interpret results and propose solutions.
3)	 recognize and assess legal environment in banking and insurance industries
3)	Recognize and assess legal environment in banking and insurance industries.
4)	Explain ongoing operational and managerial methods in banking and insurance industries.
4)	 explain ongoing operational and managerial methods in banking and insurance industries.
5)	Discover and create entrepreneurial opportunities and expertise to successfully establish and develop their own ventures.
5)	 discover and create entrepreneurial opportunities and expertise to successfully establish and develop their own ventures.
6)	 develop the capacity to assess current global economic issues.
6)	Develop the capacity to assess current global economic issues.
7)	 express he role of international capital markets in the global economy; accordingly define the concept of risk in terms of measurement and management.
7)	Translate and explain the content of the documents written in English related to the field .
8)	 translate and explain the content of the documents written in English related to the field .
8)	Express he role of international capital markets in the global economy; accordingly define the concept of risk in terms of measurement and management.
9)	Identify standards of personal, professional, social and business ethics, evaluate the ethical implications of various practices in the related areas, and be aware the importance of ethical behavior in adding value to the society.
9)	 identify standards of personal, professional, social and business ethics, evaluate the ethical implications of various practices in the related areas, and be aware the importance of ethical behavior in adding value to the society.

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