ISTANBUL OKAN UNIVERSITY INFORMATION PACKAGE / COURSE CATALOGUE
| Logistics Management (English) | |||||
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
General course introduction information
| Course Code: | ECO112 | ||||||||
| Course Name: | Fundamentals of Economics II | ||||||||
| Course Semester: | Spring | ||||||||
| Course Credits: |
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| Language of instruction: | EN | ||||||||
| Course Requisites: | |||||||||
| Does the Course Require Work Experience?: | No | ||||||||
| Type of course: | Compulsory | ||||||||
| Course Level: |
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| Mode of Delivery: | Face to face | ||||||||
| Course Coordinator : | Prof. Dr. FATMA ÇİĞDEM ÇELİK | ||||||||
| Course Lecturer(s): |
Prof. Dr. FATMA ÇİĞDEM ÇELİK |
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| Course Assistants: |
Course Objective and Content
| Course Objectives: | This course aims to endow students with the knowledge and understanding of main macroeconomic concepts at an elementary level. Throughout the semester, starting with the most important macroeconomic indicator - GDP per capita (the most widely used proxy of average standards of living) students will get familiar with various major concepts ranging from nominal/real economic variables, economic roles of technology to price indexes, inflation, unemployment, short-run economic fluctuations and counter-cyclical monetary and fiscal policies. Concept will be introduced first in both abstract and real-life contexts, then will be used in the context of basic mathematical models and finally will be used to explain real-life economic phenomena. |
| Course Content: | Concepts of accounting and determination of national income; classical and Keynesian theories of output and employment; determination of national savings, investment and consumption; theories of economic growth and development; balance of payments, exchange rate systems, trade and financial flows; monetary and fiscal policy; inflation and anti-inflationary policies; examples from the Global and Turkish economy and macroeconomic indicators. |
Learning Outcomes
The students who have succeeded in this course;
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Lesson Plan
| Week | Subject | Related Preparation |
| 1) | The Wealth of Nations: Defining and Measuring Macroeconomic Aggregate | NONE |
| 2) | The Wealth of Nations: Defining and Measuring Macroeconomic Aggregate | READING |
| 3) | Aggregate Incomes | READING |
| 4) | Aggregate Incomes | READING |
| 5) | Employment and Unemployment | RAEDING |
| 6) | Employment and Unemployment | READING |
| 7) | Credit Markets | READING |
| 8) | MIDTERM | NONE |
| 9) | Credit Markets | READING |
| 10) | The Monetary System | READING |
| 11) | The Monetary System | READING |
| 12) | Short-Run Fluctuations | READING |
| 13) | Short-Run Fluctuations | READING |
| 14) | Countercyclical Macroeconomic Policy | READING |
| 15) | FINAL EXAM | NONE |
Sources
| Course Notes / Textbooks: | Economics with MyEconLab, Global Edition, 2/E Daron Acemoglu, David Laibson, John List (Available at University bookstore on Santralistanbul campus). |
| References: | Economics with MyEconLab, Global Edition, 2/E Daron Acemoglu, David Laibson, John List . Leading Journals Relevant for this Course: - American Economic Review; - Econometrica; - Journal of Econometrics; - Journal of Political Economy; - Quarterly Journal of Economics; - Annual Review of Economics; - Research Policy; -Review of Economic Studies; - Journal of Economic Literature; - Journal of Economic Perspectives. |
Course-Program Learning Outcome Relationship
| Learning Outcomes | 1 |
2 |
3 |
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|---|---|---|---|---|---|---|---|---|
| Program Outcomes | ||||||||
| 1) Discloses basic knowledge of international logistics, including development process, new and determinative concepts, scientific methodology, theory and models of logistics discipline. | ||||||||
| 2) Uses appropriate tools and analytical techniques to collect and analyze quantitative and qualitative data in relevant areas, interpret the results and suggest solutions. | ||||||||
| 3) Designs a logistics system that will support the business mission and objectives. | ||||||||
| 4) Identifies uncertainties in the logistics and supply chain processes and takes measures to mitigate risks. | ||||||||
| 5) Can discover and create entrepreneurial opportunities and experience to successfully build and develop self-employment. | ||||||||
| 6) Analyzes the complex and rapidly changing conditions, the dynamics of the national / international business world, the relevant international logistics and supply chain environment | ||||||||
| 7) Can translate and explain the contents of documents written in English related to the field. | ||||||||
| 8) Communicates in written and spoken English with people of different social backgrounds, has global competence in tracking and interpreting global dynamics in logistics and supply chain fields. | ||||||||
| 9) Can demonstrate personal, professional, social and work ethic standards, assesses the ethical dimensions of the various applications in relevant fields, and becomes aware of the importance of ethical behavior in the process of collecting value added. | ||||||||
Course - Learning Outcome Relationship
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | Discloses basic knowledge of international logistics, including development process, new and determinative concepts, scientific methodology, theory and models of logistics discipline. | |
| 2) | Uses appropriate tools and analytical techniques to collect and analyze quantitative and qualitative data in relevant areas, interpret the results and suggest solutions. | |
| 3) | Designs a logistics system that will support the business mission and objectives. | |
| 4) | Identifies uncertainties in the logistics and supply chain processes and takes measures to mitigate risks. | |
| 5) | Can discover and create entrepreneurial opportunities and experience to successfully build and develop self-employment. | |
| 6) | Analyzes the complex and rapidly changing conditions, the dynamics of the national / international business world, the relevant international logistics and supply chain environment | |
| 7) | Can translate and explain the contents of documents written in English related to the field. | |
| 8) | Communicates in written and spoken English with people of different social backgrounds, has global competence in tracking and interpreting global dynamics in logistics and supply chain fields. | |
| 9) | Can demonstrate personal, professional, social and work ethic standards, assesses the ethical dimensions of the various applications in relevant fields, and becomes aware of the importance of ethical behavior in the process of collecting value added. |
Learning Activity and Teaching Methods
| Expression | |
| Lesson | |
| Homework |
Assessment & Grading Methods and Criteria
| Written Exam (Open-ended questions, multiple choice, true-false, matching, fill in the blanks, sequencing) | |
| Homework | |
| Individual Project |
Assessment & Grading
| Semester Requirements | Number of Activities | Level of Contribution |
| Homework Assignments | 1 | % 20 |
| Midterms | 1 | % 30 |
| Final | 1 | % 50 |
| total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 50 | |
| PERCENTAGE OF FINAL WORK | % 50 | |
| total | % 100 | |
Workload and ECTS Credit Grading
| Activities | Number of Activities | Workload |
| Course Hours | 15 | 45 |
| Application | 15 | 30 |
| Study Hours Out of Class | 15 | 75 |
| Quizzes | 1 | 12 |
| Final | 1 | 18 |
| Total Workload | 180 | |