Akademik Dersler - Tanıtım

Course Title	Code	Compulsory/Elective	Laboratory + Practice	ECTS
Introduction to Economics II	İKT102	II. SEMESTER	3+0	5.0

Language of Instruction	İngilizce
Course Type	Required Courses
Course Instructor(s)	PROF. DR. İSMAİL ONUR BAYCAN
Mode of Delivery	Face to face teaching.
Prerequisites	None.
Courses Recomended	IKT101 Introduction to Economics IING179 Advanced English IMAT161 Mathematics I.
Recommended Reading List	Similar introductory textbooks can also be used, as long as they are in English and in conformity with the weekly schedule in Course Content.
Assessment methods and criteria	Under the semester credit system (ECTS) adopted along with the Bologna Process towards the accomplishment of European Higher Education Area, there will be one (1) written midterm exam and one (1) written final exam (both in classic essay/open-end exam style). The weights of these exams in calculation of a student’s latest numerical raw mark are as follows. Midterm: 40%Final: 60% Letter grades will be determined according to the course average, the standard deviation that are computed by enrolled students’ latest raw marks of at least 40 and ensuing Z-score and T-score for each of these students. The ultimate numerical marks (i.e. the associated T-scores) will be converted to letter grades as in A. Ü. Açıköğretim, İktisat, İşletme Fakülteleri Dönemlik Kredili Sistem Ölçme ve Değerlendirme Kılavuzu (Semester Credit System Assessment and Evaluation Guide of the A. U. Open Education, Economics, Management Faculties). The difference here is that the raw mark threshold which is also the minimum pass grade considered in the computation of the course average mark is 40, as identified by the decision of the Economics Department Board, instead of 25. That is to say, any student whose latest raw mark falls below 40 (or be within the range 0-39.9) will get a letter grade FF and fail the course. The mark of this student will not be considered in the course average. There is a minimum of 70% attendance requirement as per the rules and regulations accepted and executed by the University and this situation is monitored through the card register system. Therefore the system records will not be intervened; there will not be any nonattendance deletion and such requests will be refused. Any student whose nonattendance exceeds the specified amount will get a letter grade DZ and fail the course.
Work Placement	N/A.
Catalog Content	National Accounting and National Income: Economic equilibrium, Representation of macroeconomic relations, Nominal national income and real national income, Introduction to monetary theory: Theories explaining the value of money, Calculation of purchasing power, Depreciation of money (Inflation), International economic balance, Basic instruments of monetary policy; Business cycles and factors determining national income: Introduction to business cycle theories, Consumption expenditures, Investment expenditures, Employment; International economic relations: International goods and services movements, International factor movements; Growth and development.