Economics

Information Package

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Today's dynamic globalization processes require a challenging learning process, to choose from complex alternatives under certain constraints, even in the simplest decision-making stages in both daily life and business and country management. In essence, the science of economics, which explores the conditions and ways of choosing the “best” among the complex alternatives, has become increasingly important all over the world in understanding all these processes.

OSTİM Technical University aims to provide added value both at the regional and national and global level with its graduates in this basic discipline field, thus contributing to national and global development.

The curriculum for the Business Administration department at OSTIM Technical University which is positioned within the academic world as a Third Generation University has been developed in this scope based on industry-academy cooperation and an innovative and entrepreneurial education system which combines theory and practice and prioritizes workplace experience and applications. Within this framework, the program aims to train new leaders and entrepreneurs who can see the big picture, can read the markets and the economic field, have high business acumen and awareness, can think creatively and innovatively and have problem-solving skills and qualities of an effective manager. The curriculum has been developed in English and has been prepared by taking into account the requirements and needs of the market and the economic field. The main philosophy of the Bachelor’s Degree Program in Economics is to scientifically and professionally contribute in training a new generation of economist who have a global and technological vision for our country which will be integrating with the world even faster in the 21st century.

Economics, Bachelor’s Degree

Bachelor’s Degree

The placement of the students in the program is done by Assessment, Selection and Placement Centre (OSYM). Foreign students are placed following the verification of the equivalence of their high school degrees as well as other requirements specified in the higher education legislation and the OSTIM Technical University legislation in force and other relevant legislation. OSTIM Technical University shall establish its own selection and placement system for foreign students within the legislation in force when deemed necessary.

Following the enrollment of students, the courses they have taken in prior bachelor’s degree programs may be accepted provided that they are validly and legally documented and the compatibility and adequacy of the subject, scope and contents of the course in terms of the program/course offered at OSTIM Technical University are assessed and approved by the Department Board and Faculty Executive Board.

Students are required to complete 240 ECTS credits, complete all coursework successfully in their education program and have a minimum of 2.00/4.00 cumulative grade point average to graduate.

OSTIM Technical University Economics program covers the courses of Microeconomics, Macroeconomics, Mathematics, Statistics, Econometrics, Economic History, Public Finance, Monetary Theory and Policy and Internatonal Economics courses within the scope of the basic disciplines of Economics. Workplace experience and entrepreneurship have a particular intensity in the program. Moreover, the Economics program offers a wide variety of elective courses. Many software packages and languages such as Gretl, R, EViews, Stata, OxMetrics and Python are used in compulsory courses such as Research Methods with Computer Applications, Statistics, Econometrics and elective courses such as Big Data.

Graduate of the program shall;

  1. Know the basic concepts used in economics, the relations between concepts, economic theories, the functioning mechanisms of the economy and the development processes of economies over time.
  2. Know how to obtain economic data and the research methods for processing and evaluating the obtained data by using various computer programs when necessary.
  3. Follow current developments in national and international macroeconomic conjuncture and world economic relations and can suggest economic policies to be used in case of economic problems.
  4. Acquire the capacity to conduct individual research on the field, interpret the results, and compare them with theoretical propositions.
  5. Scrutinize and interpret all kinds of knowledge in the field of economics, including theoretical and statistical information, through analysis within the framework of cause-effect relationships.
  6. Present solutions and opinions about the problems analyzed by supporting them with qualitative and quantitative data, use an analytical language, and support the used approach with visual and graphical materials.
  7. Gain advanced skills in software and programming languages that assist analysis in the econometric field and can adapt to new software and programming languages
  8. Support the acquired theoretical knowledge of economics with econometric and statistical calculations, analyze and evaluate phenomenon using software and programming languages within the framework of analytical thinking.
  9. Develop the ability to analyze unexpected and complex problems to be encountered during professional practice, can take responsibility as an individual or team member for solving the problem, and take initiative when necessary.
  10. Develop critical thinking and produce solutions on policy issues by adapting the theoretical and analytical knowledge to different conceptual frameworks.
  11. Exhibit approaches that will adapt to the speed of globalization, innovations and technological developments.
  12. Having an entrepreneurial spirit, develop original and innovative ideas, solution proposals and assume responsibility.
  13. Pay maximum attention to social responsibilities, ethical sensitivities and legal framework in theoretical and practical studies.
  14. Communicate with peers, colleagues, co-workers, employees and managers with common sense, empathy and situational awareness.
  15. Communicate effectively with colleagues, senior managers and the market, both in mother tongue and in at least one foreign language (English).

Students who graduate from the economics program can be among the people that both the private sector and the public sector are looking for with their qualifications. Thanks to the adaptation of the curriculum to global changes and the language of instruction in English, our graduates can easily find jobs in international institutions / organizations and companies. World Bank, International Monetary Fund (IMF), United Nations (UNOPS, UNDP, etc.), World Trade organization, European Union institutions and organizations, multinational companies and consultancy offices are some of them. Domestically, Central Bank, commercial banks, related ministries, stock companies, non-governmental organizations, research institutions are the places where department graduates frequently take part.

Graduates of the program may apply to master’s and PhD programs in social sciences, particularly in Economics.

 

Code Course Name Theory App. Lab. Credit ECTS
Semester I (Winter)
ENG 101 Academic English I 3 0 0 3 3
EHS 101 Occupational Health and Safety 2 0 0 2 2
EPR 121 Entrepreneurship I 0 2 0 1 2
IUL 151 Introduction to University Life 2 0 0 2 2
MIS 131 Management Information Systems 3 0 0 3 4
MATH 103 Mathematics I 3 0 0 3 6
ECON 101 Introduction to Microeconomics 3 1 0 3 7
ECON 105 Research Methods with Computer Applications I 2 1 0 3 4
    18 4 0 20 30
Semester II (Fall)
Code Course Name Theory App. Lab. Credit ECTS
ENG 102 Academic English II 3 0 0 3 3
EPR 122 Entrepreneurship II 0 2 0 1 1
IUL 152 Building the Future 1 0 0 1 1
WED 124 Workplace Education 0 7 0 3 7
MATH 104 Mathematics II 3 0 0 3 6
ECON 102 Introduction to Macroeconomics 3 1 0 3 7
ECON 106 Research Methods with Computer Applications II 2 1 0 3 5
    12 11 0 17 30
Semester III (Winter)
Code Course Name Theory App. Lab. Credit ECTS
ATA 101 Principles of Atatürk and History of Turkish Revolution I 2 0 0 2 2
TUR 101 Turkish I 2 0 0 2 2
WAP 225 Workplace Application I 0 7 0 3 7
ENG 221 English Writing Skills 1 2 0 2 4
ECON 201 Microeconomics 3 0 0 3 6
ECON 203 Statistics I 2 1 0 3 5
ECON 205 Economic History 3 0 0 3 4
    13 10 0 18 30
Semester IV (Fall)
Code Course Name Theory App. Lab. Credit ECTS
ATA 102 Principles of Atatürk and History of Turkish Revolution II 2 0 0 2 2
TUR 102 Turkish II 2 0 0 2 2
WAP 226 Workplace Application II 0 7 0 3 7
ECON 202 Macroeconomics 3 0 0 3 6
ECON 204 Statistics II 2 1 0 3 5
ECON 206 History of Economic Thought 3 0 0 3 4
ECON 216 Public Finance 3 0 0 3 4
    15 8 0 19 30
Semester V (Winter)
Code Course Name Theory App. Lab. Credit ECTS
WAP 325 Workplace Application III 0 7 0 3 7
ECON 301 Introduction to Econometrics I 2 1 0 3 6
ECON 303 International Economcs (Trade) 3 0 0 3 6
ECON 305 Monetary Theory and Policy 3 0 0 3 6
ELEC 1 Elective Course I (ECON 3xx or XXX xxx) 3 0 0 3 5
    11 8 0 15 30
Semester VI (Fall)
Code Ders Adı (EN) Theory App. Lab. Credit ECTS
WEX 326 Workplace Experience I 0 7 0 3 7
ECON 302 Introduction to Econometrics II 2 1 0 3 6
ECON 304 International Econonmics (Finance) 3 0 0 3 6
ELEC 2 Elective Course II (ECON 3xx or XXX xxx) 3 0 0 3 6
ELEC 3 Elective Course III (ECON 3xx or XXX xxx) 3 0 0 3 5
    11 8 0 15 30
Semester VII (Winter)
Code Course Name Theory App. Lab. Credit ECTS
WEX 425 Workplace Experience II 0 7 0 3 7
ECON 401 Turkish Economy 3 1 0 3 7
ELEC 4 Elective Course IV (ECON 4xx or XXX xxx) 3 0 0 3 6
ELEC 5 Elective Course V (ECON 4xx or XXX xxx) 3 0 0 3 5
ELEC 6 Elective Course VI (ECON 4xx or XXX xxx) 4 0 0 3 5
    13 8 0 15 30
Semester VIII (Fall)
Code Course Name Theory App. Lab. Credit ECTS
WEX 426 Workplace Experience III 0 30 0 15 22
ECON 400 Graduation Project 0 10 0 5 8
    0 40 0 20 30
   
Elective Courses
Code Course Name Theory App. Lab. Credit ECTS
ECON 306 Growth Theory 3 0 0 3 6
ECON 308 Energy and Environment Policies 3 0 0 3 6
ECON 310 Agricultural Economics 3 0 0 3 6
ECON 311 Fundamental Legal Principles 3 0 0 3 5
ECON 312 Law of Obligations 3 0 0 3 5
ECON 415 Economic Modeling 3 0 0 3 6
ECON 455 Technological Development and Industrial Policies 3 0 0 3 6
ECON 465 Global Capital Markets 3 0 0 3 6
ECON 455 Commercial Law 3 0 0 3 5
ECON 475 Big Data 3 0 0 3 6
ITF 203 Financial Accounting 2 1 0 3 5
ITF 204 Managerial Accounting 2 1 0 3 5
ECON 423 Economic Policy 3 0 0 3 5
ECON 425 Project Cycle Management 3 0 0 3 5
ECON 427 Elektronic Communication Regulation 3 0 0 3 5
ECON 429 Game Theory 3 0 0 3 5
ECON 435 Labour Economics 3 0 0 3 5
ECON 437 Urban Economy 3 0 0 3 5
ECON 443 Health Economy 3 0 0 3 5
ECON 445 European Economic Integration 3 0 0 3 5
ECON 447 Financial Issues on Corporate Governance 3 0 0 3 5
ECON 431 International Financial Institutions 3 0 0 3 5
ECON 433 Effective Communication 3 0 0 3 5
ECON 439 Capital Market Legislation 3 0 0 3 5
ECON 441 Economic Development 3 0 0 3 5
ECON 449 Banks and Financial Institutions 3 0 0 3 5
ECON 451 Financial Management 3 0 0 3 5
ECON 453 Technical Analysis of Securities and Portfolio Management 3 0 0 3 5

 

T: Theoretical Course Hour
A: Application Course Hour
C: Credits

L: Laboratory
ECTS: European Credit Transfer System

Instructors shall assess the success levels of students by employing various assessment methods. According to the Regulation on Associate and Bachelor’s Degree Education, Training and Examination of OSTIM Technical University, DC and DD grades mean conditional pass whereas FD, FF and NA grades mean failure to pass. Passing Grade Coefficients are given below.

Grade

Coefficient

Grade Range
(out of 100)

Status

AA

4

90-100

Pass

BA

3,5

85-89

Pass

BB

3

80-84

Pass

CB

2,5

70-79

Pass

CC

2

60-69

Pass

DC

1,5

50-59

Conditional Pass

DD

1

45-49

Conditional Pass

FD

0,5

35-44

Fail

FF

0

0-34

Fail

NA

0

0

Fail

Students are required to complete all coursework successfully in the program, have a minimum of 2.00/4.00 cumulative grade point average and complete 240 ECTS credits to graduate.

Full time

Program Director

Professor Aylin Ege, PhD

E-mail: [email protected]

 

Department Reengineering Coordinator

Research Assistant Huzeyfe Erkam Candan

E-mail: [email protected]

 

Course Code Course Name 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Sum Rate (%)
ECON 400 Graduation Project 1 4 3 3 4 5 2 3 4 4 1 4 1     39 52
ECON 302 Introduction to Econometrics II 1 5   1 5 5 5 5               27 36
ECON 201 Microeconomics 5 3 3 4 5 2   2   2           26 35
ECON 202 Macroeconomics 5 3 5   3 2 1 2   2 3         26 35
ECON 106 Research Met. with Comp. App. II   5   2 4 4 5 4 1             25 33
WEX 426 Workplace Experience III                 4   4 5 4 5 3 25 33
WAP 226 Workplace Application II                 4   4 5 4 5 3 25 33
WAP 325 Workplace Application III                 4   4 5 4 5 3 25 33
WEX 326 Workplace Experience I                 3   4 5 4 5 3 24 32
WEX 425 Workplace Experience II                 3   4 5 4 5 3 24 32
WAP 225 Workplace Application I                 3   4 5 4 5 3 24 32
ECON 105 Research Met. with Comp. App. II   5   2 4 4 4 3 1             23 31
WED 124 Workplace Education                 2   3 5 4 5 3 22 29
ECON 301 Introduction to Econometrics I 1 4   1 4 4 4 4               22 29
ECON 102 Introduction to Macroeconomics 5 2 5   3 2 1 1   1 1         21 28
ECON 101 Introduction to Microeconomics 5 1 2 3 4 1   1   2           19 25
MATH 104 Mathematics II   2   3 5 5 1 2 1             19 25
MATH 103 Mathematics I   2   3 5 5 1 1 1             18 24
ECON 204 Statistics II 1 3   2 4 4 3                 17 23
ECON 203 Statistics I 1 3   2 4 4 1                 15 20
ECON 305 Monetary Theory and Policy 3   3 3 2         3 1         15 20
ECON 304 International Economics (Finance) 1 1 4   3         2 3         14 19
MIS 131 Management Information Systems   1     2 5 3 1 1             13 17
ECON 303 International Economics (Finance) 1   4   3         2 3         13 17
ENG 101 Academic English I     1 1   1 1             1 5 10 13
ENG 102 Academic English II     1 1   1 1             1 5 10 13
ENG 221 English Writing Skills       1   1 1             2 5 10 13
IUL 152 Building the Future                     1 1 3 3 1 9 12
EPR 122 Entrepreneurship II                  2   1 5       8 11
ECON 216 Public Finance  2 2 2   1 1                   8 11
EPR 121 Entrepreneurship I                 2   1 4       7 9
IUL 151 Introduction to University Life                 1   1 1 2 1 1 7 9
ECON 205 Economic History 3   2   2                     7 9
ECON 206 History of Economic Thought 3   2   2                     7 9
ECON 401 Turkish Economy 2   2             1           5 7
EHS 101 Occupational Health and Safety                         3     3 4
 

Program Qualifications

National Qualifications Framework

Academically Oriented

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

KNOWLEDGE
(Theoretical, Conceptual)

1

x

x

 

 

x

 

 

 

 

 

 

 

 

 

 

2

x

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3

x

 

x

 

x

 

 

 

 

 

 

 

 

 

 

4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5

 

x

x

 

 

 

 

 

 

 

 

 

 

 

 

6

 

x

 

x

 

 

 

 

 

 

 

 

 

 

 

SKILLS

(Cognitive, Practical)

1

 

 

x

x

 

 

x

x

x

 

 

 

 

 

 

2

x

 

 

x

 

 

x

 

 

 

 

 

 

 

 

3

 

 

 

 

x

 

x

x

 

 

 

 

 

 

 

4

 

 

x

 

 

 

 

x

 

x

 

 

 

 

 

5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

COMPETENCIES

(Competence to Work Independently and Take

Responsibility)

1

 

 

 

 

 

 

 

 

x

 

 

 

 

 

 

2

 

 

 

x

 

 

 

 

x

 

 

 

 

 

 

3

 

 

 

 

 

 

 

 

x

 

 

 

 

 

 

4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

COMPETENCIES

(Learning Competence)

1

x

x

x

x

x

 

 

x

 

x

 

 

 

 

 

2

x

 

 

 

x

 

 

 

 

 

 

 

 

 

 

3

 

 

x

 

 

 

 

x

x

x

 

 

 

 

 

4

 

 

 

 

 

 

x

 

 

 

 

 

 

 

 

5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7

 

 

 

 

 

 

 

 

x

 

 

 

 

 

 

COMPETENCIES

(Communication and Social Competence)

1

 

 

 

 

 

x

 

 

 

 

 

 

 

 

 

2

 

x

 

 

 

x

 

 

x

 

 

 

 

 

 

3

 

 

 

 

 

x

 

 

x

 

 

 

 

 

 

4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7

 

x

 

 

 

x

 

 

 

 

 

 

 

 

 

COMPETENCIES

(Field Specific Competence)

1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4