Courses

FIRST YEAR

1st Semester)

Course Code Course Name CREDIT ECTS
ENG 101 English I 3 4
MAN 101 Introduction to Business 3 6
CIS 151 Introduction to Computers 3 6
MAT 171 Mathematics for Business and Economics 3 6
ECON 101 Economics I 3 6
ATA 101 Principles of Atatürk I 0 0
15 30

 

2nd Semester

Course Code Course Name CREDIT ECTS
ENG 102 English II 3 4
MAT 172 Mathematics for business and Economics II 3 6
MAN 102 Principles of Management 3 6
CIS 152 Computer Applications 3 6
ECON 102 Economics II 3 6
ATA 102 Principles of Atatürk II 0 0
15 30

SECOND YEAR

3rd Semester

Course Code Course Name CREDIT ECTS
MAN 201 Business Communication 3 6
MAT 281 Statistics I 3 6
ACC 202 Financial Accounting I 3 6
MAN 206 Introduction to Law 3 6
ECON 201 Microeconomics 3 6
15 30

 

4th Semester

Course Code Course Name CREDIT ECTS
ECON 202 Macroeconomics 3 6
MAT 282 Statistics II 3 6
ACC 203 Financial Accounting II 3 6
SOC 100 Sociology 3 6
MAN 202 Oral Communication 3 6
15 30

THIRD YEAR

5th Semester

Course Code Course Name CREDIT ECTS
ECON 304 Econometrics 3 6
ECON 305 History of Economic thought 3 6
ECON 306 Money and banking 3 6
Elective 3 6
Elective 3 6
15 30

 

6th Semester

Course Code Course Name CREDIT ECTS
ECON 308 Industrial Economics and Management 3 6
ECON 323 Research Methods for Economists 3 6
Elective 3 6
Elective 3 6
Elective 3 6
15 30

FOURTH YEAR

7th Semester

Course Code Course Name CREDIT ECTS
ECON 401 International Economics 3 6
ECON 409 Economics of Development 3 6
ECON 414 European Economy 3 6
Elective 3 6
Elective 3 6
15 30

 

8th Semester

Course Code Course Name CREDIT ECTS
ECON 402 World Economy 3 6
ECON 418 European Single market 3 6
Elective 3 6
Elective 3 6
Elective 3 6
15 30

Course Descriptions

Principles of Economics (course type: required; course code: ECON 101)
Course objective: The course will give the students fundemental ideas that economics has to offer.
Course content: Topics covered are: the economic problem, supply and demand, elasticity, marginal analysis of consumers and firm’s behaviour, the theory of profit maximization, analysis of markets, pricing in competitive and non-competitive markets.

Introduction to Business(course type: required; course code: MAN 101)
Course objective: İt is aimed that at the completion of this course, the students have studied the major topic areas within the field of I2BUS and the challenges and opportunities for managers as they seek to apply I2BUS principles, subunits and aspects within organizations.
Course content: ıntroduction to business, forming a business unit, business in global markets, business and economics, human resource management in business, marketing management in business, operations management in business, accounting and financing in business, general management in business, social responsibility, ethics and law in business, managing ınformation for better business decisions, new concerns of business.

Mathematics for Business & Economics I(course type: required; course code: MAT 171)
Course objective: Students will be able to model and solve real-world situations found in a business environment using a variety of methods, including, but not limited to, arithmetic, algebraic, geometric, higher-order thinking, or statistical methods.
Course content: equations and inequalities and their applications, functions and graphs, lines, parabolas and systems and their applications, exponential and logarithmic functions, mathematics of finance.

Introduction to Computer (course type: required; course code: CIS 151)
Course objective: The main objective of this course is to teach students about the computer which will serve as the base for the learning of the computer and windows operating systems practice.
Course content: introduction to world of computer, define the computer,the history of computer, computer generations, elements of computer systems hardware of computer, software of a computer, classification of computers, principle of computer working, windows  operating system, windows componenets, begining  of microsoft office programs.

English I (course type: required; course code: ENG 101)
Course objective: This course aims at enabling students to understand their lessons and to express themselves in English
Course content: The course focuses mainly on grammar and developing of all language skills.

Principles of Atatürk I (course type: required; course code: ATA 101)
Course objective: This course is designed exclusively for Turkish national and Turkish Cypriot students. The aim is to provide the principles of Atatürk analytically and historically in both semesters.

Course content: This course covers the period of the process of Turkish independence war and the period of the establishment of Turkish national state, and modernization process.

Principles of Economics II  (course type: required; course code: ECON 102)
Course objective: The aim of this course is to offer the basic fundamentals of elementary Macroeconomics.
Course content: This course includes such topics as Determination of National Income, the Role of Government, the Banking System, Problems of Inflation, Unemployment and Growth.

Principles of Management (course type: required; course code: MAN 102)
Course objective: This course will present the principles, techniques, and concepts required for sound managerial activity, emphasis being placed on planning, organizing, leading, and controlling.
Course content: This course focuses mainly on such topics as the state, institutions of government, elections and electoral systems, political parties, interest groups, democratic and nondemocratic forms of government, constitutional and non-constitutional regimes, presidential and parliamentary systems, bureaucracy and administration, the environment & foundations of modern managment.

Mathematics for Business & Economics II (course type: required; course code: MAT 172)
Course objective: This course will equip students with the basis mathematics skills that will help them to understand the rigorous quantitative methods in economics.
Course content: Matrices, Matrix Algebra, and Special Types of Matrices, Transpose of a Matrix, Determinant, and Inverse, Systems of Linear Equations, Crammer’s Rule, and Row  Echelon Form, Functions, Limits, and Continuity, Solving Problems, Derivative and Chain Rule, Product Rule, and Quotient Rule, Applications, Integration, Applications, Solving Problems.

Introduction to Computer (course type: required; course code: CIS 152)
Course objective: This course would provide a basic computer analytical skill to student. It will introduce student with the rudiments of windows, windows commands, Microsoft Office. Etc.
Course content: This course covers the introductory aspect in Windows, Windows Operating systems, Microsoft Office Programs, Microsoft Word, Microsoft Excel, Microsoft Access, Microsoft Power Point, and Project of Microsoft Power point.

English II (course type: required; course code: ENG 102)
Course objective: This course aims to take students to intermediate advanced level of English.
Course content: The course concentrates rather on developing reading skills.

Principles of Atatürk I and II (course type: required; course code: ATA 102)
Course objective: This course is the continuation of ATA 101 and it further educate the Turkish and Cypyriot the principles of Atatürk analytically and historically.

Course content: This course would complete the areas covered in ATA 101. It cover an in-depth account of the period of the process of Turkish independence war and the period of the establishment of Turkish national state, and modernization process.

YEAR 2

Microeconomics (course type: required; course code: ECON 201)
Course objective: The course aims to express fundamental concepts of microeconomics through the comprehensive discussion of consumer behavior, derivation of individual and market demand, production theory, cost and competitive and noncompetitive market structures
Course content: The content of this course comprises the basics of supply and demand, consumer behaviour, elasticity, production, cost, maximisation and market structure.

Statistics I (course type: required; course code: MAT 281)
Course objective: The objective of the course is to help students to analyze data and draw conclusions from those analysis.
Course content: the course will cover organizing and graphing data, numerical descriptive measures, probability, discrete random variables and their probability distributions, continuous random variables and the normal distribution.

Financial Accounting (course type: required; course code: ACC 202)
Course objective: The objectives of this course are to establish a sound foundation of the financial accounting principles and to ensure students understand the process of gathering, recording, classifying, summarizing, reporting as well as interpreting financial information.
Course content: Accounting: information for decision making, basic financial statements, and the accounting cycle: capturing economic events, accruals and deferrals, reporting financial results.

Introduction to Law (course type: required; course code: MAN 206)
Course objective: The aim of the course is to provide techniques for dealing with academic prose.
Course content: The emphasis is on reading skills and analysis of texts.  Moreover, paraphrasing and summarizing are practiced.

Business Communication (course type: required; course code: MAN 201)
Course objective: Business Writing deals with written communication in business: practice in writing memos, letters, electronic correspondence, reports, and other practical communication.
Course content: Business writing, Business Letters, Envelopes, Job Application letters, Format and Content of letters, Job applications, Curriculum Vitae preparation, Abbreviations used in business context, E-mail correspondence.

Macroeconomics (course type: required; course code: ECON 202)
Course objective: The course aims to introduce students with the dynamics of the economy as a whole.
Course objective: the couse cover topics as economic organization, national income accounting, economic growth and fluctuations, inflation, labor market, money and monetary policy, government and public economy, international trade. Course covers the use of theoretical tools to explain the determinants and measurements of the level and change in aggregate macroeconomic variables. One of the goals of this course is to provide a basic knowledge of most important macro economic theories (Keynesian and classical approaches examined).

Statistics II (course type: required; course code:MAT 282)
Course objective: The objectives of this course are to further students’ knowledge of elementary statistics and its applications in decision making. Decision making in all areas of applications are discussed with an emphasis on management and business.
Course content: Estimation of the Mean and Proportion, Hypothesis Tests about the Mean and Proportion, Estimation and Hypothesis Testing: Two populations, Chi Square Tests, Simple Linear Regression

Financial Accounting II (course type: required; course code: ACC 203)
Course objective: This course helps students learn the basics of financial accounting by providing a solid presentation of the root of the principles course, the accounting cycle.
Course content: The course thematically covers the merchandising activities, inventories and COGS, plant and intangible assets, liabilities, stockholders’ equity: paid-in capital, statement of cash flows.

Sociology (course type: required; course code: SOC 100)
Course objective: This course introduces the students to some of the most important sociological topics like social inequality, social contract, compliance, obedience, collective action and social movements.
Course content: social inequality: the root of all evil, social inequality: natural, social contract, social influence: conformity, compliance and obedience, collective action, social movements.

Oral Communication (course type: required; course code: MAN 202)
Course objective: The objective of this course is to help students learn how to communicate discuss, debate, present orally in a business environment.
Course content: Introduction to oral communication, theory on oral presentations, theory on informative presentation, theory on persuasive presentation, theory on recruitment procedure, theory on Job Interview.

YEAR 3

Econometrics (course type: required; course code: ECON 304)
Course objective: This course will introduce students to the theory and applications of econometric analysis.
Course content: The nature of regression analysis, two variable regression analysis, the problem of estimation, the normality assumption: classical normal linear regression model (CNLRM), interval estimation and hypothesis testing, multiple regression, multicollinearity, heteroscedasticity, autocorrelation, econometric modeling and time series econometrics.

History of Economics Thought(course type: required; course code: ECON 305)
Course objective: This course provides an overview of the development of economics as from origins of modern capitalism to the present. The aim of the course is to deepen understanding of contemporary economic questions by situating them in the context of how such questions have arisen and been debated in the history of economic thought.
Course content: The course includes topics such as: (1) Ancient and medieval economic thought, (2) classical political economy from Adam Smith through Karl Marx s(3) Neoclassical economics from Jevons, Menger and Walras through Marshall and his followers, (4) Keynesian economics and the neo classical synthesis, (5) More recent New classical, New Keynesian, Post Keynesian and Neo-Marxist developments. Economic theory will be situated in the broader historical contexts in which they developed. Attention will be focused on the scientific status of economic theories as well as their relation to policy and normative considerations.

Money and Banking (course type: required; course code: ECON 306)
Course objective: The main objective of this course is to teach students the methods and theoretical framework of monetary system, financial intermediation, interest rates, money market instruments and banking system.
Course content: ıntroduction to economics of money and banking, demand for money, ıslm model, Keynesian framework and the ISLM model, monetary and fiscal policy in the ISLM model, aggregate demand and supply, money and inflation, transmission mechanisms of monetary policy, rationale expectations, implications

Public Finance & Fiscal Policy (course type: elective; course code: ECON 307)
Course objective: This course offers a general introductory survey of the field of public finance.
Course content: The topics include: when market fail, methods of government intervention, program and project evaluation, major state and local taxes and their effects, and financial relations. Study the productive and allocative role of government and of other aggregations of individuals, as well as the interaction among politics, economics and ethics. Course includes welfare economics, the theory of public goods, collective choice problems, cost-benefit analysis, and governmental public finance. Analyse the equity and efficiency effects of major taxes, including the personal income tax, the corporate income tax and the social security tax.

Industrial Economics and Management (course type: required; course code: ECON 308)
Course objective: The aim of the course is therefore to provide students with an understanding of theoretical models of firm behaviour and of empirical approaches to testing such models.
Course content: Introduction to ındustrial organisation, a game theory ‘toolkit’, quantity and price setting models, theory of the firm, agency theory, ownership and control, static price competition in oligopoly models, entry deterrence and entry accommodation, product differentiation, econometric methods for applied work with application to price collusion, management theory and practice. managerial functions.

EU Labour Market (course type: elective; course code: ECON 309)
Course objective: This course introduces the major topics of economic analysis of labour markets. It intends to provide students with a solid understanding of theoretical models of investment in human capital, wage determination and employment besides teaching and supporting with examples of history of EU Labour market.
Course content: the European labour market, labour market economics, labour market policy, education and training, search and migration in the labour market, discrimination, unemployment, case studies and policy issues.

International Political Economy (course type: elective; course code: ECON312)
Course objective: The aim of this course is to provide a theoretical and analytical examination of international political economy to the students.
Course content: Theoretical Foundations of IPE, Mainstream Contemporary Approaches of IPE, Alternative Contemporary Approaches of IPE, Globalization and IPE. National, International, Regional and Global Governance, Trade, Global Finance, Development, Environment, Technology, Culture, Security.

Research Methods in Economics (course type: required; course code: ECON 323)
Course objective: this course deals with understanding of the basic concepts of research in economics, in which topics covered include an understanding of the research methods, research methodology, types of research, organizing a research paper, explaining and predicting the relationships of variables  in economics and observing facts and trends in data.
Course contents: topics cover includes the basic concepts of research in economics, types of research methods and methodologies, scientific method, two types of relationship, steps in the research process, the importance of a survey, the organization in scholarly writing, outlining the paper, introduction to APA style, quotations and reference citations in text, plagiarism, agreement of text and reference style.

Economic and Social planning (course type: elective; course code: ECON 311)
Course Objective:The objective of the course is to reach the students how the government can be affective in econonmics
Course contents:The role of government in economic performance of nations policies and          incentives  for developing economic performance, Planning techniques and systems, governmental institutions for developing economic performance of nations, economic analysing of performance techniques and systems.

Welfare Economics (course type: elective; course code: ECON 421)
Course objective:The objective of the course is to teach the students the importance of well being in economics.
Course contents:Understand theories of welfare economics; social welfare, distribution of income, Pareto efficiency, a simplified seven-equation model and principles of welfare economics problems.

YEAR 4

International Economics (course type: required; course code: ECON 401)
Course objective: The aim of this course is to introduce microeconomic and macroeconomic issues relevant to the economic relations among countries.
Course content: In this course, economic ıntegration, ınternational trade and economic development, ınternational resource movements and multinational cooperation’s, balance of payments, foreign exchange markets and exchange rates, exchange rate determination, the price adjustment mechanisms with flexible and fixed exchange rates, the ınternational monetary systems, past, present, and future, are treated in details.

World Economy (course type: required; course code: ECON 402)
Course objective: In this course it is expected that students will demonstrate the relevance of theory to real-world economic issues and policy questions. Students will become familiar to the international economics.
Course content: This course focuses on the international economy and globalization. It treat economies of scale, imperfect competition and international trade, motivating trade interventions, trade agreements, trade regulations policies, international factor movements and   multinational enterprises, foreign exchange rates

Development Economics (course type: required; course code: ECON 409)
Course objective: This course aims to provide an understanding of economic theories and in detail analysis in the field of development economics. The course is mainly designed to deal with a selection of issues, plus problems facing the developed and developing economies.
Course content: The course focuses on comparative economic development, classic theories of economic growth, models of development and underdevelopment, poverty and development, population and economic development, Rural-Urban migration: Theory and Policy.

European Monetary Integration(course type: elective; course code: ECON 410)
Course objective:  this course aim to help the students to understand this important aspect of European monetary integration.
Course content: This course thematically covers historical rewiew of European monetary Integration, an optimum currency area, a new currency for Europe: the euro, monetary policy in the euro area, the exchange determination of the euro, exchange rate theories and the Euro, Monetary policy applications, interest and output determination in Keynessian and classical economics

EU and International Trade (course type: elective; course code: ECON 412)
Course objective: Studying the international trade of the EU will help the students to understand the dynamism of world economy.
Course content: The course examines in particular the EU market integration, Factor mobility, EU trade and specialization patterns, the common commercial policy, trade relations with the main partners, trade policy in a globalizing world, global macro economy and EU, international trade policies, international trade agreements. the economics of the Euro.

European Economy (course type: elective; course code: ECON 414)
Course objective: This course aims to educate the students about European economy.
Course content: This course focuses on market ıntegration and ınternal market ıssues, EU ınstitutions and bodies, the eurosystem and the euro, budget of the EU, EU competition law, EU Energy policy, EU’S environmental policy, the development of transport policy, the common agricultural policy.

European Single Market (course type: required; course code: ECON 418)
Course objective: This course aims to teach the students why Europe should   be a single market
Course content: This course works on Competitiveness, growth and market openness,   Principles   and  institutions of the single market, integration with diversity, the role of standards, competition policy, regulatory policy, industrial policy, R&D, technology and innovation, European research policy, globalisation, technology conflict.

EU Macroeconomic Policy (course type: required; course code: ECON 310)
Course objective: The objective of the course is to teach the students the main tools of macroeconomics and also how the macroeconomic policies are applied in the EU.
Course content: Course consist of lectures on international macroeconomics. Topics include money market equilibrium, goods market equilibrium, economic policy in an open economy, international monetary institutions, exchange rates, sustainable European monetary Area, fiscal, monetary and exchange rate policies, labour markets and competition policy in the EU.

International Finance (course type: elective; course code: ECON 313)
Course objective: The aim of the course is to teach the students the importance of international finance in international economics.
Course content: Introduction to exchange rate, the market for foreign  currency. Exchange rate regimes. International monetary system. Balance of payments, Prices in the open economy. Financial markets in the open economy and Managing operating exposure. Forward, futures and options markets. International banking. Souring debt internationally and souring equity internationally.

Project Planning and Evaluation (course type: elective; course code: ECON 413)
Course objective:The objective of the course is to teach the students what are the effective ways of preparing projects.
Course contents: Project Planning and Investment Appraisal is an elective course. The course will start with project management in term of its objectives, techniques and impacts. Various forms of project management will be discussed along with assessments of the values and limitations. Objectives and organisation of different stages of investment appraisal will be analysed. Financial analysis will include the development of preformed cash flow statements and application of various investment criterions. These criterions are namely Net Present Value , Internal Rate of Return (IRR), Pay Back Period and Cost-Benefit. The course will also cover the economic, risk and distributive analyses within an integrated approach model.