Islamic Economics and Finance
Course Details

KTO KARATAY UNIVERSITY
İktisadi, İdari ve Sosyal Bilimler Fakültesi
Programme of Islamic Economics and Finance
Course Details
İktisadi, İdari ve Sosyal Bilimler Fakültesi
Programme of Islamic Economics and Finance
Course Details

| Course Code | Course Name | Year | Period | Semester | T+A+L | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| 4771104 | Keynesian Macroeconomics | 4 | Autumn | 7 | 3+0+0 | 6 | 6 |
| Course Type | Elective |
| Course Cycle | Bachelor's (First Cycle) (TQF-HE: Level 6 / QF-EHEA: Level 2 / EQF-LLL: Level 6) |
| Course Language | Turkish |
| Methods and Techniques | - |
| Mode of Delivery | Face to Face |
| Prerequisites | - |
| Coordinator | - |
| Instructor(s) | - |
| Instructor Assistant(s) | - |
Course Content
Fundamentals of Keynesian macroeconomic theory, effective demand and aggregate demand, employment theory, price and wage rigidities, Keynesian cross model, monetary and fiscal policies, IS-LM model, Phillips Curve, modern Keynesian approaches, and the role of Keynesian economic policies in contemporary economic crises.
Objectives of the Course
The aim of this course is to understand the fundamental principles of Keynesian economic theory, analyze it in comparison with classical and neoclassical economic thought, and evaluate its impact on contemporary macroeconomic policies. The course aims to provide students with a comprehensive perspective on the components of the Keynesian model, employment, inflation, monetary and fiscal policies.
Contribution of the Course to Field Teaching
| Basic Vocational Courses | |
| Specialization / Field Courses | X |
| Support Courses | |
| Transferable Skills Courses | |
| Humanities, Communication and Management Skills Courses |
Relationships between Course Learning Outcomes and Program Outcomes
| Relationship Levels | ||||
| Lowest | Low | Medium | High | Highest |
| 1 | 2 | 3 | 4 | 5 |
| # | Program Learning Outcomes | Level |
|---|---|---|
| P1 | İslam İktisadı ve Finans alanında kuramsal ve uygulamalı bilgilere sahip olma, sahip olduğu bilgileri kullanabilme | 5 |
| P2 | İslam İktisadı ve Finans alanında edindiği bilgi, beceri ve yetkinlikleri kullanarak meseleleri tanımlama, veri toplama, değerlendirme, analiz etme, yorumlama ve çözüm önerisi geliştirebilme | 3 |
| P3 | İslam İktisadı ve Finans alanıyla ilgili farklı bilgi kaynaklarına erişip sayısal analiz ve araştırma yapabilme | 4 |
| P4 | Disiplin içi, çok disiplinli veya çok kültürlü gruplarda ve bireysel çalışabilme | 4 |
| P5 | Ahlaki değerler ve mesleki sorumluluk bilinci ile hareket edebilme | 4 |
| P6 | Alan uygulamalarının, evrensel ve toplumsal etkileri ile hukuki sonuçlarını bilme | 4 |
| P7 | Öğrenim dilinde yazılı ve sözlü iletişim kurabilme, en az bir yabancı dil bilgisine sahip olabilme | 4 |
Course Learning Outcomes
| Upon the successful completion of this course, students will be able to: | |||
|---|---|---|---|
| No | Learning Outcomes | Outcome Relationship | Measurement Method ** |
| O1 | Explains the fundamental principles and historical development of Islamic economics. | P.1.1 | 1 |
| O2 | Applies Islamic finance and economic principles to solve current economic problems. | P.1.3 | 1 |
| O3 | Accesses academic articles, books, and other information sources related to Islamic economics and finance. | P.3.1 | 1 |
| ** Written Exam: 1, Oral Exam: 2, Homework: 3, Lab./Exam: 4, Seminar/Presentation: 5, Term Paper: 6, Application: 7 | |||
Weekly Detailed Course Contents
| Week | Topics |
|---|---|
| 1 | Foundations of Keynesian Economics |
| 2 | National Income and Production: The Keynesian Model |
| 3 | Consumption and Saving Behaviors |
| 4 | Investment Functions and Determinants |
| 5 | Money and Financial Markets: A Keynesian Perspective |
| 6 | Aggregate Demand and Supply Analysis |
| 7 | Employment and Unemployment: The Keynesian Approach |
| 8 | Inflation and General Price Level |
| 9 | Fiscal Policy: A Keynesian Perspective |
| 10 | Monetary Policy and Central Banking |
| 11 | Open Economy and International Trade |
| 12 | Economic Growth and Development |
| 13 | Keynesian Economics and Current Economic Issues |
| 14 | Keynesian Economics and Current Economic Issues |
Evaluation Method and Passing Criteria
| In-Term Studies | Quantity | Percentage |
|---|---|---|
| Attendance | - | - |
| Course Specific Internship (If Any) | - | - |
| Homework | - | - |
| Presentation | - | - |
| Projects | - | - |
| Midterms | 1 | 40 (%) |
| Final Exam | 1 | 60 (%) |
| Total | 100 (%) | |
ECTS / Working Load Table
| Quantity | Duration | Total Work Load | |
|---|---|---|---|
| Course Week Number and Time | 14 | 3 | 42 |
| Out-of-Class Study Time (Pre-study, Library, Reinforcement) | 14 | 2 | 28 |
| Midterms | 1 | 20 | 20 |
| Quiz | 0 | 0 | 0 |
| Homework | 0 | 0 | 0 |
| Practice | 0 | 0 | 0 |
| Laboratory | 0 | 0 | 0 |
| Project | 0 | 0 | 0 |
| Workshop | 0 | 0 | 0 |
| Presentation/Seminar Preparation | 0 | 0 | 0 |
| Fieldwork | 0 | 0 | 0 |
| Final Exam | 1 | 30 | 30 |
| Other | 0 | 0 | 0 |
| Total Work Load: | 120 | ||
| Total Work Load / 30 | 4 | ||
| Course ECTS Credits: | 4 | ||
Course - Learning Outcomes Matrix
| Relationship Levels | ||||
| Lowest | Low | Medium | High | Highest |
| 1 | 2 | 3 | 4 | 5 |
| # | Learning Outcomes | P1 | P3 |
|---|---|---|---|
| O1 | Explains the fundamental principles and historical development of Islamic economics. | 5 | - |
| O2 | Applies Islamic finance and economic principles to solve current economic problems. | 3 | - |
| O3 | Accesses academic articles, books, and other information sources related to Islamic economics and finance. | - | 4 |
