ERCİYES UNIVERSITY FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES LINKS COURSE CATALOGUE INFORMATION ON DEGREE PROGRAMMES INFORMATION ON THE INSTITUTION INFORMATION ON DEGREE PROGRAMMES GENERAL INFORMATION FOR STUDENTS BUS101 BEHAVIORAL SCIENCES I  Groups in organizations, Organizations and culture, Status and roles in organisations. BUS102 BEHAVIORAL SCIENCES II  Definition and process of perception, Organizations and importance of perception, Affect of internal and external factors on perception,  Learning and organizations, Personality and organizations. BUS103 PRINCIPLES OF ACCOUNTING I Description and development of accounting. Basic accounting concepts and principles. The concept of balance sheet and basic accounting equation. The income statement. The concept of account and the effects of transactions on the accounts. Accounting plan, books and documents. Double-entry bookkeeping. An overview of accounting process. The ways of record on merchandise inventory account: Perpetual and periodic inventory methods. Accounts of value added tax.   BUS104 FINANCIAL ACCOUNTING (Principles of Accounting II) Description of uniform accounting plan. Asset accounts and records: Current and fixed assets. Liability accounts and records: Liabilities and sharehoders' equity. Income statement accounts: income and expense accounts and records. Inventory transactions. Closing entries. Preparation of trial balance, balance sheet and income statement.   BUS109 INTRODUCTION TO LAW Rules organizing the community. The aim, definition and components of law. The concept of sanction and its kinds. Law systems and Turkish Law System. Main branches of law. Codification. Sources of law. The term "right" and its types. Acquisition, protection and lose of rights Disputes and law. Judicial courts and judicial procedure. BUS110 LAW OF OBLIGATIONS Topics of law of obligations and its relation with other branches. Terms of obligation and liability. Sources of obligations. Contracts, Existance, form and invalidity of the mind in contracts, Lesion and representation. Solidarity, conditional obligations bargain money, penalty clauses  for non- performence. Assigment of claims. Assumption of obligation. Ending of obligation. Special types of obligations. (Main kinds of contracts-special provision) BUS201 INTRODUCTION TO MANAGEMENT Fundamental topics in management, Relation of management science with other sciences. Main goals and responsibilities of businesses, Classification of companies, Establishment of businesses, Company and its environment, Functions of the businesses: Management, Production, Marketing, Human Resource Management, Finance, Accounting, Research And Development And Public Relations.   BUS202 CORPORATE MANAGEMENT Management as a science and an art, Management and managers, Management theories, Classical , neo-classical and moderm mannagement theories, Management by objectives, Management functions: "Planning, Organizing, Leading, Coordinating, Control", Total quality managements, Family firms, Learning organizations, Downsizing, Empowerment, Benchmarking, Rihgtsizing, Re- engineering, Re-organization Current managarial problems in business BUS207 INTRODUCTION TO MARKETING What is marketing? Strategic planning and marketing process. Marketing environment. Consumer market and buyer behavior. Industrial market and buyer behavior. Market segmentation, targeting market and positioning. Product and service strategy. New product development. Pricing products. Distribution channel and logistics management. Retailing and wholesaling. Advertising and public relation. Personal selling and sales promotion. Direct and on-line marketing. BUS208 ORGANIZATIONAL BEHAVIOR Model of organizational behaviour, Decision in organisations, Conflict in organizatıons, Job satisfaction and disappointment in organizations, Stress in organizations, Groups in organizations. BUS210 MARKETING MANAGEMENT Concepts in marketing management. Strategic marketing planning. Competition analysis in marketing. Market segmentation and market targeting. Growth strategies in marketing. Competition strategies. Marketing mix decisions. Marketing organization. Marketing control. Marketing in economical crisis.   BUS211 OPERATIONS RESEARCH I The basic properties and the application areas of operations research. The ingredients of the linear programming (LP) model. Solution methods: The graphical method and the simplex method. Technical difficulties encountered in LP models. Duality and sensitivity analysis. Examples of applications on the real world decision problems. BUS212 OPERATIONS RESEARCH II Integer programming model: Positive and zero-one models. Solution Methods. Goal programming model. Network analysis. Dynamic programming. Simulation. Examples of applications on the real world decision problems. BUS215 COMMERCIAL LAW I  Commercial Enterprises Law: The subject of the course includes commercial provisions and activities, commercial enterprises, commercial disputes and merchants and the status of the persons assisting merchants namely commercial representatives, brokers, commercial middleman and agents. Valuable Papers Law : General system and types of negotiable instruments, namely letters of exchange, promissory notes and cheques. BUS216 COMMERCIAL LAW II Company Law : The Turkish Commercial Code regulates the system of personal companies (partnerships) and capital companies (corporations). The code acknowledges general and limited partnerships, corporations and partnerships with limited liability. The basic subjects of this course are the establishment, functioning and dissolution of the theese companies. BUS218 ACCOUNTING IN SERVICE SECTOR Corporation Accounting: Features of stock and limited company; formation, capital changes, profit- loss distribution and dissolution transactions. Combination and law-title changes of corporations. Construction accounting: Private construction and long-term construction accounting. Banking transactions and accounting. Foreign trade operations and accounting. (Prerequisite: BUS104 Financial Accounting I) BUS219 FINANCIAL ACCOUNTING II End-of-period process: Inventory and valuation: Current assets, fixed assets, current liabilities, long-term liabilities and shareholders' equity. Income and expense accounts. Preparation of basic financial statements: Balance sheet and Income Statement. Commercial and fiscal profit. Exercises, problems and cases. (Prerequisite: BUS104 Financial Accounting) BUS222 CONSTITUTIONAL LAW  The course reviews the basic concepts of the study of constitutional law such as state, democracy and human rights and traces the evolution of Turkish Constitutional Law starting with the Ottoman period. It looks at 1982 Constitution of Turkey in some depth laying out the nature of, and the relationship among, the three powers, namely legislation, adjudication and administration. The course urges the student to reflect on how to improve civil liberties in the country while keeping and strengthening the basic structures of the state.   BUS303 CORPORATE FINANCE  Financial planning and control. Financial statements and the techniques used in financial analysis. Working capital management. Capital structure and weighted average cost of capital. An analysis of firm's financial condition. The relationship between the capital structure and the market value of a firm. BUS304 FINANCIAL MANAGEMENT  Investment policy of a firm. The management of fixed assets. Capital budgeting methods: Average rate of return, payback period, net present value, ınternal rate of return methods and the profitability index. Sources of long-term financing. Evaluation of risky investment projects. BUS307 HUMAN RESOURCE MANAGEMENT The management of human resources in organizations, The concept and importance of human resource management, Organization of human resource management department,    Fundamental functions of human resource management, Human Resources Planning, Job Analysis, Recruitment, Selection, Orientation, Training and Development, Career Development, Performance Evaluation, Compensation and Benefits, Health and Safety, Communication, Discipline and Industrial Relations. BUS309  MANAGERIAL ECONOMICS The firm and its goals. Supply, demand and managerial decision making: Theory and some company applications. Demand elasticity and decision making: Theory and some company applications. Demand estimation. The role of production in managerial decision making and analysis of production functions. The role of costs in managerial decision making and analysis of cost functions. The role of market structure in managerial decision making (pricing and output decisions): The competitive and monopolistic markets. Risk and uncertainty. The role of government regulations in managerial decision making. BUS311 MARKETING CHANNELS  The nature of marketing channels. Middlemen: Retailing and wholesaling. Structures and types of marketing channels. Channel design decisions. Channel management decisions. Channel cooperation, conflict and competition. Physical distribution: Transportation, warehousing, inventory control and order processing. (Prerequisite: BUS209 Introduction to Marketing). BUS312 PROMOTION Introduction to promotional efforts. The communication process. Promotional budget. Promotion mix: Advertising, personal selling, sales promotion, public relations and publicity. Evaluating the effectiveness of promotional activities.(Prerequisite: BUS209 Introduction to Marketing). BUS313 MARKETING CHANNELS The nature of marketing channels. Middlemen: Retailing and wholesaling. Structures and types of marketing channels. Channel design decisions. Channel management decisions. Channel cooperation, conflict and competition. Physical distribution: Transportation, warehousing, inventory control and order processing. (Ön Şart: BUS207 Pazarlama İlkeleri veya BUS209 Introduction to Marketing). BUS315 COST ACCOUNTING I Basic concepts of cost accounting, according to uniform accounting chart 7/A and 7/B cost accounts, direct raw materials costs, direct labour cost, factory overhead cost, job order and process costing, joint product costing and cost data usage of various management decision. BUS317 BUSINESS AND ORGANIZATION Defınition and importance of organization, Basic principles of organization, Importance of organization, Organizational change , Organization of different departments, Organization and human. BUS318 CAPITAL MARKET Financial markets. The relationship between savings and investment. Financial assets: Stocks, Bonds, Other financial securities. An overview of capital markets: Primary markets, Secondary markets, Intermediaries, Mutual funds, Investment companies. Capital markets and the stock exchange in Turkey. Defining and measuring risk. Capital asset pricing model. Valuation of stocks. Valuation of bonds. BUS320 PRODUCTIVITY MANAGEMENT Means of productivity, Role of productivity on business activities, Productivity factors, Organizational and behavioral factors influencing productivity, Creating productivity culture in business, Productivity models, Productivity of management, Strategies of productivity increasing, Role of business  managers on productivity, Efficiency in business activities, Efficiency factors, Quality management, Total quality management, Case studies about productivity. BUS401 MARKETING RESEARCH General subjects in marketing research. The role of marketing research in management decision making. The application areas of marketing research. The marketing research process. Determination of data sources. Sampling techniques. Data collection. Experimental design. Measurements and measuring techniques. Hypothesis testing. Cross tabulation. Chi-Square analysis. Regression. Correlation. BUS402 BUSINESS POLICY This cource aims at providing an opportunity for students to integrate materials covered in their previous courses. It covers Strategic Management Process: Strategic Management. Strategic Planning Concepts, Strategic Goals, Evaluation of Company and its Environment; Internal and External Environmental Analysis, Competitive  Analysis, Strategic Alternatives, Strategy Selection. Strategy Implementation, Strategic Leadership and Strategic Control. Case Analysis. BUS404 INTERNATIONAL MARKETING  Application of marketing concepts and methods to the intermational marketplace. International marketing environment. Export market selection. Entry strategies. International marketing mix decisions. Export documents and methods of payment for international operations.(Prerequisite: BUS209 Introduction to Marketing). BUS405 AUDITING Theory of auditing. Development of independent external auditing in Turkey. Generally accepted accounting and auditing standarts. Audit report. Auditing process and auditing planning. Auditing programs. Auditing evidences and techniques. Internal control system. Cycle approach on auditing. Practical examples of auditing techniques. BUS406 INTERNATIONAL MARKETING Application of marketing conceps and methods to the international marketplace. International marketing environment. Export market selection. Entry strategies. International marketing mix decisions. Export documents and methods of payment for international operations. (Prerequisite: IŞL 209 Introduction to marketing). BUS407 CONSUMER BEHAVIOR Introduction to consumer behavior, Market segmentation, Psychological influences on consumer behavior: Learning, motivation, perception, attitudes and attitude change strategies, and personality, Socio-cultural influences on consumer behavior: Group dynamism and reference groups, family, personal influences and diffusion process of innovations, social classes, and culture. Society and consumer behavior (Prerequisite: BUS207 or BUS209) BUS408 TAX ACCOUNTING  An overview of basic accounting concepts and principles. Sorts of tax. Books, documents and record system. Tax procedures in an accounting period: calculation of temporary tax, preperation of tax declerations. Tax procedures at the end of period: Calculation of income and corporation tax and declaration. Investment allowances. Revaluation and depreciation of fixed assets. Practical examples of tax accounting (Prerequisite:BUS103 Principles of Accounting and BUS104 Financial Accounting I) BUS409 PUBLIC ADMINISTRATION  The course reviews the basic concepts and the growth of the discipline. It looks at critical issues in Turkish public administration such as bureaucracy, personnel management and the relationship between central and local government. The course urges the student to critically think about what the solutions to the problems of public sector in Turkey might be and, given the resistance of public organizations to reforms in general, how these solutions can be realized in the sector.   BUS410 QUALITY CONTROL The managament of quality.The stages of quality management and the criteria for evalution. Economic dimensions of the decisions related with quality management. Total quality management and quality circles. The improvement of quality diagrams and the interpretation of quality diagrams. Acceptance sampling: Sampling plans.   BUS411 DECISION MAKING THEORY Decision making concept.Decision making in certainty, unceratainty and risky circumstances. The criteria used in decision making. Decision tree. The improvement of decision rules with corrected probability. Markov process. Queue theory. Game theory. BUS413 EVALUATION OF FINANCIAL SECURITIES Factors that affect the market value of common stocks and bonds. Theoritical and practical methods used in security analysis. Price-earnings ratio. Systematic and unsystematic risks. Portfolio analysis and management. Capital asset pricing model. BUS414 FINANCIAL STATEMENT ANALYSIS Analysis of balance sheets and income statements. Comparison of financial statements technique and ratio analysis. Evaluation of financial condition of Turkish firms using valuation methods. BUS415 LABOUR LAW Matters, features and development of labour law. Laborer, employer, emplyer's representative, mediator. Individual labour law. Labour contract, arrangament of labour. Labour periods. Fares, annual leave with pay, severance pay and other compensations. Collective labour law. Trade unions, collective agreements. Labour disputes and their settlement, mediation, private arbitrator, supreme arbitrator, labour court. Strikes and lackouts. BUS416 PUBLIC RELATIONS  Definition of public relations, Objectives of public relations, Importance of public relations, Principles of public relations, Similarities and differences of public relations with marketing, Advertisement, Propaganda, Institutional advertisement and lobbying, Public relations in different organizations. BUS418 CURRENT ISSUES IN BUSINESS MANAGEMENT This course aims to provide an understanding of the current conditions and problems that the companies face with.  The course covers such topics; New Managerial Skills, Total Quality Management, Reengineering, Crisis Management, Time and Stress Management, Benchmarking, Green Management etc. Also practical examples and applications are given. BUS419 ANALYSIS OF INVESTMENT PROJECTS Definition of investment and project. The importance of investment projects for business firms and national economy. Factors that affect the investment decision. Basic steps in preparation of investment projects. Determining the total cost of the project and estimating its working capital. Static and dynamic approaches used in project evaluation. BUS420 COMPUTER AIDED ACCOUNTING Review of accounting cycle. Introduction to computer aided accounting. Description of Logo Classic System. Creation of a firm's basic data in computer. Accounting transactions: Inventory records, consignment notes and receipts, preparing a bill, applications of receivable and payable accounts, check-voucher transactions, banking and cash transactions. End-of-period transactions in computer: Accounting integration procedures, accounting records and preparation of financial statements in computer environment. BUS421 INTERNATIONAL FINANCE International finance and international financial markets. Balance of payments. Euro-markets. Foreign exchange management. International portfolio investments. Direct foreign investments. Financial techniques: Leasing, Factoring, Forfaiting, Franchising. Financial derivatives: Forward, Future, Option, Hedging, Swap. ECON101 INTRODUCTION TO ECONOMICS I Definition, scope of econoimcs and its relations with other diciplines. Basics economic terms. Market mechanism: demand, supply and market equilibrium. Elasticities of demand and supply. Demand and utility. Consumer and producer equilibrium. Scale economics. External economics. Determination price in good markets: short run and long run firm equilibrium in perfect competition and imperfect competition markets. Determination price in factor markets. ECON102 INTRODUCTION TO ECONOMICS II Basic macroeconomic variables. National income: definition, basic national income aggregates, measuring national income, determining national income equilibrium. Money and credit: money supply and demand, equilibrium in the money market, credit and its types. Inflation: definition, types, causes and effects. Employment and unemployment: definition, causes of unemployment and its types. International economics: International trade, its advantages, exchange, exchange rate and balance of payments. Basic terms pertaining to economic growth and development. ECON201/ECON207  MICROECONOMICS I A General view of the price system: Demand, supply and elasticity. Consumption: Utility maximization, indifference theory, the equilibrium of the household, the income and substitution effects, derivation of the demand curve, movements along the demand curve, shifts in the demand curve, consumers' surplus. Production in the short run: Total, average and the marginal products, the firm's equilibrium in the short run, producers' surplus. Production in the long run: Derivation of isoquant curves and isocost lines, the marginal rate of substitution and elasticity of substitution, the firm's equilibrium in the long run, elasticity of substitution and production functions. Prerequisite: ECON101 Introduction to Economics I. ECON202/ECON 208 MICROECONOMICS II Production costs: Total, average and marginal costs, derivation of long-run cost curves. Competitive markets: Total, average and marginal revenues, short-run and long-run equilibriums of a firm, short-run and long-run industry equilibriums. Monopoly: Costs and revenues, short-run and long- run monopoly equilibriums, price discrimination. Noncollusive oligopoly: The Cournot, Bertrand, Edgeworth, Stackelberg and the Sweezy models of oligopoly. Collusive oligopoly: Explicit cooperation and tacit cooperation. The distribution of income: The firm's demand curve for a factor, the supply of factors and marginal productivity theory of income distribution. Prerequisite: ECON101 Introduction to Economics I. ECON203/ECON209  MACROECONOMICS I The basic topics: The business cycle, unemployment, inflation and national-income accounting. Aggregate spending: Consumption, investment, government and export spending, leakages and injections. Potential instability: Equilibrium GDP, the multiplier process, adjustment to recessionary and inflationary gaps. Fiscal policy: Taxes and spending, deficits and debt. Monetary policy: The money market, interest rates and spending, policy constraints. The IS-LM model: Derivation of the IS and LM curves, equilibrium in the IS-LM model, shifts in the IS and the LM curves. The Policy effectiveness in IS-LM model: Expansionary fiscal and monetary policies, contractionary fiscal and monetary policies. Prerequisite: ECON102 Introduction to Economics II.   ECON204/ECON210  MACROECONOMICS II Aggregate demand (AD) and aggregate supply (AS): Derivation of the AD and AS curves, shifts in the AD and AS curves. The policy effectiveness in AS-AD model: The classical, Keynesian, monetarist, new classical and the new Keynesian views of AS-AD. Consumption: Absolute and relative income hypotheses, intertemporal consumption choice, life-cycle and permanent income hypotheses, random walk hypothesis. Investment: The marginal efficiency of capital, accelerator model. The demand for money: The Yale-Fisher, Cambridge, Keynesian, Baumol-Tobin and the Friedman models of the demand for money. The supply of money: Money and banks, the money multiplier. Growth models: The Solow, Harrod-Domar and endogenous growth models. Prerequisite: ECON102 Introduction to Economics II. ECON211 ECONOMIC SYSTEMS System and economic system concepts.  Characteristics, historical origins and philosophical basis of economic systems. Capitalism, socialism, mixed economic system and other economic systems. Economic regimes and examples from the world economies. ECON212 METHODS IN ECONOMICS  Science and scientific explanation. Scientific Method. Positive and normative economics. Microeceonomics and macroeconomics. Rules, models and theories in economics. Theory and reality. Partial equlibruim and general equlibruim. Static analysis, comparative static and dynamic analysis. Deduction and induction in economics. Mathematical and statistical tools. ECON301 INTERNATIONAL ECONOMICS I International trade theory: Comparative advantage theory, supply and demand models, factor endowment theory, the analysis of foreign trade and economic growth. Foreign trade policy: The aims and tools of foreign trade policy, tariffs and nontariff trade policies. Trade and economic development. (Prerequisite: İKT 102 Introduction to Economics II). ECON302 INTERNATIONAL ECONOMICS II International monetary relations: The foreign exchange market, forward market, the balance of payments, balance of payments adjustment, theories explaining foreign exchange rate changes. Development and foreign savings: International private capital flows, foreign direct investments, international technology transfer and international labour movements, official credits. (Prerequisite: İKT 102, Introduction to Economics II). ECON303 MONEY AND BANKING Money and the payments system. The structure of financial system in theory and practice: Its services, intermediary institutions and tools used. Asymmetric information and information costs: Adverse selection and moral hazard problems in financial system. Financial crises; sources and remedies. Supervision and regulation in banking. Analysis of financial statement in banking: The sources and uses of funds of banks. Risk management in banking: Liquidity, credit, interest and currency risks. The Turkish banking sector: Organizational structure of banking and comparision with the EU banking system (central banking, commercial banking, interest-free banking and investment banking), historical developments and financial structure and fundamental problems. ECON304  MONETARY POLICY Monetary policy tools. Conduct of monetary policy: goals and targets. Money supply process: Analysing monetary poicy tools using balance sheet of central bank. Changes in the monetary policy and its effects on the economy. The international financial system (foreign exchange interventions) and monetary policy. Demand for money and the quantity theory of money. Linking the financial system and the economy: Analysis of goods and money markets by means of IS-LM-FE and aggregate demand-aggregate supply models. The transmission mechanism and the neutrality of money: Analysis of the money and output movements within the framework of monetarist, new classical, real bussines cycle, and new Keynesian models. Inflation analysis: Causes and consequences. Monetary policy applications in Turkey within the framework of international developments. ECON307 MATHEMATICAL ECONOMICS I The definition and scope of mathematical economics. Static analysis: Partial and general equilibrium analysis. Comparative static analysis: The derivative and rules of differentiation, the use of derivatives in economics. The measurement of elasticities. Constrain optimization: The mathematical analysis of costumers' and producers' equilibrium. The market structure and profit maximization. Homogeneous functions. Cobb-Douglas functions. Prerequisite: SRV110 Mathematics I or SRV112 Mathematics I. ECON308 MATHEMATICAL ECONOMICS II Exponential and Logarithmic Functions. Dynamic analysis. Economic dynamics and integral, Domar growth model. The continuous time analysis by means of differential equations. The discrete time analysis by means of difference equations, Harrod Model. The dynamic stability of equilibrium, The Cobweb Model. Prerequisite: SRV110 Mathematics II or SRV112 Mathematics II. ECON311 THE OTTOMAN ECONOMIC HISTORY The method of economic history. Pre-Seljukian economic history. Basics of Seljukian economy. Basics of historical and cultural of  Ottoman economy. Socio-economical structure in Ottoman Empire. State finance. Timar and waqf systems. Tradesmen unions. Money and finance systems. Labour life and social security institutions. ECON312 AGRICULTURAL ECONOMICS Definition, scope and historical development of agricultural economics. Agricultural activities in history and agricultural revolution. Production factors and functions in agriculture. Good and factor markets in agriculture: supply, demand and determination agricultural prices. Agricultural enterprises and cooperatives. Agricultural policies: theory and applications in Turkey. Agriculture and foreign trade. Common agricultural policies in EU. ECON313 PRODUCTIVITY Definition and importance of productivity. Productivity terminology. Measurement productivity at macro level. Determinants of productivity level. Productivity and growth. Structural changes and productivity. Foreign trade policy and productivity changes. Inflation and productivity. Productivity level in Turkey and World. Productivity at micro level. ECON314 FOREIGN TRADE TRANSACTIONS Main concepts. Payments: Cash, clearing, documents aginst payments, accaptance credit, letter of credit. Export: Fundemantal principles, transfering export earnings, export percantage, service export. Import: Fundemantal principles, clearing, factoring, transit trade. Accounting. Regulations. ECON315 TURKISH ECONOMY  Scope and definition of Turkish economy. 1923-1960 period: Economic development, production structure, savings, taxation, employment, foreign trade. 1960-1994 period: Economic development, production, productivity, sectoral connections, financing, employment, foreign trade. After 1995. Main economic problems and solutions ECON316 APPLIED TURKISH ECONOMY  Actual problems of Turkish economy. Analysis of economic sectors: Agriculture, industry and services. Analysis of some economic parameters such as growth rate, inflation, unemployment, income distribution, balance of payments, structure of employment and GDP. Current economic policies and alternative policies. ECON317 INDUSTRIAL ECONOMICS Definition of economics. The structure-cpppppaaonduct-performance paradigm. Collusion. Firm structure. Market structure: Entry and exit. Market concentration. Product differentiation and advertising. Input-Output table. ECON401 HISTORY OF ECONOMIC THOUGHT Definition, scope, method of history of economic thought and its relations with other diciplines. Mercantilism. Physiocratism. Classical economic thought. Reactions to classical school: historian school, institutional economic thought, socialist economic thought, neoclassical economic thought. Modern economic thought: Keynesian thought, monetarism, new economic thought streams. ECON402 ECONOMY POLICY The definition, scope and classification of economy policy. Relationship between theory of economics and economy policy. Aims of economy policy and decision maker. Tools in economy policy and their effects. Stages and problems in economy policy: Problems in decision, application and control; time delay. Fundamental properties of economy policy applied in Turkey. ECON403 ECONOMIC DEVELOPMENT  Economic development and economic growth. Indicators of economic development. Characteristics of developing countries. Measurement of underdevelopment. Understanding economic development. Capital formation and technology. Finance of development.  Population and economic development. Education and development. Economic development and foreign trade. Resource allocation. Strategies of industrialisation in developing countries. Globalisation and development. Sustainable development. ECON404 INTERNATIONAL ECONOMIC INTEGRATION International economic integration. Free trade: Global approach, regional approach. Economic Effects of customs union. The analysis of economic union. The theory of polarization effect. European Union and progress towards monetary union. Turkey-European Union relations.  The effects of customs union on Turkish economy. Other economic integrations in the world. ECON407 INTRODUCTION TO ECONOMETRICS I The Nature of Regression Analysis, Two-Variable Regression Analysis: The Method of Ordinary Least Squares, The Assumptions Underlying the Method of Least Squares, Interpretation of Simple Regression Equation, Variances and Standard Errors of Least-Squares Estimators, The Gauss- Markov Theorem, A Measure of Goodness of Fit R2, Numerical Examples, Interval Estimation and Hypothesis Testing: Confidence Intervals for Regression Coefficients, Testing the Significance of Regression Coefficients: The t test, Functional Forms of Regression Models: Log-Log, Double-Log, Log-Linear, or Constant Elasticity Models. Prerequisite: SRV208 Statistics II or SRV.212 Statistics II. ECON408 INTRODUCTION TO ECONOMETRICS II Multiple Regression Analysis: Matrix Derivation of Normal Equations, The Meaning of Partial Regression Coefficients, R2 and Adjusted R2, Testing the Overall Significance of a Multiple Regression: The F Test, Testing the Significance of Regression Coefficients: The t test. Relaxing the Assumptions of the Classical Model: Multicollinearity, Heteroscedasticity, and Autocorrelation. Regression on Dummy Variables. Prerequisite: SRV208 Statistics II or SRV212 Statistics II. ECON409 RECENT ECONOMIC PROBLEMS  Income distribution, government and economy, privatization, globalization, economic problems of agricultural sector and urbanization, connection between economic conjuncture and stock market. ECON410 SERVICES ECONOMY The Services economy: Definition and contents. The indicators of services economy: Employment in the services sector, production and consumption of services. The reasons for the growth of services.  The definition and characteristics of services. The classification of services.  The supply of Services. The demand for services. Price in the services market. International services trade. Information society. Economic, social and infrastructure indicators of the information society. The development of services and information sectors in Turkey. ECON412 GROWTH THEORY Definition of economic growth. Condition of economic growth. Growth accounting. Measuruement issues. Stylized facts. Growth theories: Introduction to one sector growth model, Harrod-Domar model, properties of neo-classical production function. Solow Model: Comparative dynamics, golden rule, notion of convergence, the meaning and measurement of technical changes. Introduction to endogenous growth: AK model, Arrow models. ECON413 ENVIRONMENT ECONOMICS  Scope and definition of environment economics. Population, energy, food problems. Environmentalism, political ecology and economy. Environmental goods and externality. Environmental Impact Assesment. Sustainable development.   ECON414  SCIENCE AND TECHNOLOGY POLICY The definition, purpose and measurement of science and technology. Processes of technological change and new technologies. Properties of the old and the new technological systems on firm and national economic levels. Purposes and tools of science and technology policies. The effects of science and technology policies on main economic magnitutes. Historical developments of science and technology policies: Country samples and Turkey. National innovation systems accepted by OECD and the role of governments. Turkey's science and technology policy with the comparison of EU countries: Strategical targets, purposes, principles and policies. R&D policies and university- industry relations, and legal and institutional regulations. ECON415 EXCHANGE MARKET Foreign exchange. Spot exchange market and its characteristics. Banks and foreign exchange transactions. Exchange rate. Arbitrage. Convertibility. Forward exchange market. The relationship between spot and forward exchange rates. The functions of forward exchange market. Equilibrium at forward exchange market. Government intervention to forward exchange market. The futures market. Foreign exchange options. International monetary system and exchange market. The evolution, significance, operation and effects of Eurodollar market. Eurodollar market and domestic banking.   ECON419 BALANCE OF PAYMENTS ANALYSIS  Definition and features of balance of payments. Balance of payments theories: Keynesian theory, monetarist theory, structuralist approach. Balance of payments and economic equilibrium. Main accounts: Current account, capital account, offical reserves. Methodology of Turkish balance of payments system. Selected applications.   ECON420 INTERNATIONAL ECONOMICS What is International Economics About? International Trade Theory: Early Trade Theories: Mercantilism, Labor Productivity, Production Possibilities Frontier, Absolute and Comparative Advantage. The Gains from Trade, Neoclassical Trade Theory, The Heckscher-Ohlin Model. Alternative Theories of Trade. International Trade Policy: The Instruments of Trade Policy: Import Tariffs and Quotas, Export Taxes and Subsidies. Economic Integration. Inward-Looking and Outward-Looking Trade Strategies. Balance-of-Payments Analysis. The Foreign Exchange Markets. ECON424 REGIONAL DEVELOPMENT Unbalanced growth theory. Economic area concept. Regional growth disparities: Causes and detriments. Policies for reducing regional growth disparities. Regional policy instruments. The case for regional policy. Regional development policies in Turkey. PFIN204 TURKEY'S FISCAL INSTITUTIONS Main Fiscal Institutions (Ministry of Finance and Undersecretary of Treasury). Money and Stock Market Institutions (Central Bank, Banking Regulation and Auditing Office, Saving and Deposit Insurance Funds, Board of Stock Market, İstanbul Stock Market, Clearing House, İstanbul Gold Market, Development Bank and other state Banks), Planning and Statistics Institutions (State Planning Organisation and Statistical Institute of State), Foreign Trade Institutions (Undersecretary of Foreign Trade, Eximbank, Export Innovation Center), Auditing Institutions (Court of Account, Higher Auditing Office and State Auditing Office), Social Security Institutions and Other Institutions (Land Office, State Staff Office, Privatization Office). PFIN206 PUBLIC ACCOUNTING The theory and the application of public accounting. Techniques of public accounting. Standardization of public accounting system(SNA-93 standarts, GFSM-2001 standarts, IFAC-PS standarts). Public accounting system of Turkey and automation efforts. Accounting sheme and applications. Documents and staff of national accounting. Coordination of national accounting system with EU (ESA-95 standarts). PFIN301 TAX LAW (TAX PROCUDURE CODE I) What is tax? Source of the tax law. The  constitutional basis of taxation. Power of levy. Exemption and exclusion in tax law. Burden of proof and evidence. Interpretation in tax law. Who is Taxpayer ?   Tax responsibilty. Periods in taxiotian. The reasons of force majeure (compelling circumstances). The event giving rise to tax( occasions of tax), tax assessment (tax levy), tax notification, tax accrual, tax collection. Tax errors and tax adjusment. The lapse of time and the abetement in tax law. Jobs of taxpayers: To declare, to keep the books, to keep and present   documents. The control ways of tax administration to taxpayers: Inspection, verification (tax audit), the search and to collect information. PFIN302 TAX LAW II (TAX PROCUDURE CODE II)  Principles, rules of valuation. Depreciation in tax law. Collection and prosecution of tax claim.  Execution enforcement (tax lien). Tax offences and tax penalties: The tax loss penalty, tax fraud penalty and other offences and penalties. Penitance and rectification in tax law. Reconciliation and tax lawsuıt process: Appeal and other legal remedies. Reduction in penalties. PFIN303 THE THEORY OF PUBLIC BUDGETING The terms of budgetting and public budgetting. Budgetting rights and progress of budgetting rights. Function of public budgets. Principles of public budgetting and the deviations of principles in case of Turkey. Progress of budgetting systems. Budget policy. Economic effects of public budgetting. PFIN304 PUBLIC BUDGETING SYSTEMS  Line Budget System, National Budget System, Investment Budgets, Performance Budgetting, Program Budget System, Planning Programming and Budgetting System and Zero-base Budgetting. Planning Budget application of Turkey. Long-time budgetting applications and Turkey's case. PFIN305 PUBLIC ECONOMICS Economic Efficiency and the Competitive Price System, The Theory of Public Goods, The Theory of Externalities, Resource Allocation Mechanism for Public Goods. PFIN306 ECONOMICS OF LOCAL GOVERNMENTS The affecting factors of arising local governments. Local public goods and their optimum. Distributions of services and sources. Local governments in EU. Local governments in Turkey. PFIN307 PUBLIC FINANCE The definition and properties of fiscal events. Content and definition of fiscal science and relationship whith other science branches. Relationship between public sector and private sector. Aims and tools in public sector. Organisation of public sector. The definition and functions of budget. Principles of budget and samples of deviations from these principles. Budget process. The definition and classification of public expenditure. Kinds of public income. Tax theory: Fundamental definition of taxation, kinds of taxes, principle of taxation, tax burden and response to taxation. Government debts and economic effects. PFIN310 BUDGET The definition, historical development and functions of budget. Principles of budget and deviations from these principles. Budget theories and techniques of budgeting. Process of budgeting in Turkey: Preparation, approval, application and control of the budget. Economic effecets of budget. Rationalisation of budget process ( Transition from classical budget systems to modern budget systems). PFIN312 TAX LAW  What is tax? Source of the tax law. The  constitutional basis of taxation. Power of levy. Exemption and exclusion in tax law. Burden of proof and evidence. Interpretation in tax law. Who is Taxpayer? Tax responsibilty. Periods in taxiotian. The reasons of force majeure (compelling circumstances). The event giving rise to tax( occasions of tax), tax assessment (tax levy), tax notification, tax accrual, tax collection. Tax errors and tax adjusment. The lapse of time and the abetement in tax law. Jobs of taxpayers: To declare, to keep the books, to keep and present   documents. The control ways of tax administration to taxpayers: Inspection, verification (tax audit), the search and to collect information. Principles, rules of valuation. Depreciation in tax law. Collection and prosecution of tax claim.  Execution enforcement (tax lien). Tax offences and tax penalties. Penitance and rectification in tax law. Reconciliation and tax lawsuıt process: Appeal and other legal remedies. Reduction in penalties. PFIN401 FISCAL POLICY The definition, aims, tools and limits of fiscal policy. Measuring the effects of fiscal policy. Evaluation of the effectivenes of fiscal policies accoding to different approaches. Methods of application in fiscal policy: Optional fiscal policy, automatic stabilisation supplied by fiscal policy and formula elasticity methods. Fiscal policies in the struggle of inflation, recession and stagflation. The problem and financing of the budget deficit. PFIN403 GOVERNMENT AUDITING Theory of government (public sector) auditing. Necessity and importance of government auditing. Performance auditing. Auditing of budget: Auditing of public expenditure, public revenue and funds. Auditing of public economic enterprises and local administrations. PFIN404 INTERNATIONAL FINANCE International fund markets and institutions are introduced. International finance and LDC, International finance techniques, Types of International Finance, International Financial Management, International Money Markets, International Stock Markets, International Financal Institutions: The World Bank Group, MIGA-ICSID, IMF, UNDP, IBS, EIB and Regional Financial Institutions. PFIN405 TURKISH TAX SYSTEM I Classification of taxes; ıncome, wealth and expenditure taxes: Indıvudual income tax(IIT) corporate income tax(CIT). Full tax liabilty and limited tax liability  IIT and CIT. Types and definitions of taxable income. Annual decleration and whitholding (or tax stoppage) tax decleration of IIT and CIT. Expenditure taxes: Value added tax, banking and insurance transaction tax, fiscal stamp tax, motor vehicle purchase tax, customs tax, fuel oil consumption tax and others. Wealth taxes: Inharitance and gift tax. Real estate tax. Motor vehicle tax. Exemptions and exclusions of this taxes. Determination of taxable value. Declaration, tax rates and tax  tariffs ( tax schedules), assessment and payment of all this taxes. Liability for expenditure and wealth tax. Payment of wealth and expenditure tax. Fees and municipal income taxes. PFIN406 TURKISH TAX SYSTEM II  Expenditure taxes: Value added tax, banking and insurance transaction tax, fiscal stamp tax, motor vehicle purchase tax, customs tax, fuel oil consumption tax and others. Exemptions and exclusions in expenditure tax. Liability for exp. tax. Payment of exp.tax. Wealth taxes: Inharitance and gift tax. Real estate tax. Motor vehicle tax. Exemptions and exclusions in wealth tax. Liability for wealth tax. Payment of wealth tax. Fees and municipal income taxes. PFIN407 THE THEORY OF PUBLIC DEBT Need of debt. Affecting factors of public debt. Classification of public debt. Economic effects of public debt. The term of government deficit and measurement. Debt management. Debt policy and efficiency. Debt problem for LDC and the case of Turkey. Real burden of public debt. Intenational rating and public debt opportunities. PFIN408 THE THEORY OF TAXATION AND TAX POLICY The normative analysis of Taxation (Efficiency and Equity Aspects). The Incentive Effects of Taxation. Tax Incidence and Tax burden. Taxation and economic stability. Taxation and growth. Taxation and Distribution. Optimal Taxation. PFIN409 THE THEORY OF TREASURY TRANSACTIONS Traditional and modern functions of Treasury. Fiscal structure and Treasury. Undersecretary of Treasury in Turkey. Treasury and Funds Markets. Treasury and Public Debt Management. Treasury and Public Shares, Treasury and Public Budgetting, Treasury and Currency Policy. Treasury and International Funds Market/Institutions. Treasury transactions in Turkey. PFIN 410 THE THEORY OF TRANSFERS AND SOCIAL SECURITY SYSTEM Transfers to Individuals and Social Insurance. Economic effects of transfers to individuals and Social Insurance. Incentive effects of transfer programs. Social security Insurance. Socil Security as a Redistributive Mechanism. Social Security and Saving. Social Security and Retirement. Unemployment Insurance. Incidence of payroll taxes. Medical Insurance. Moral Hazards and the Imperfection of Insurance Markets. Social Security Institutions in Turkey. PFIN411 THE HISTORY OF PUBLIC FINANCE The terms of Fiscal Events. History of Fiscal Events. Fiscal Events in Europe and Anglo-Sakson counutries. Fiscal Events in Turkey. History of Fiscal Institutions. Sociology of Fiscal Events. PFIN 413 THE ECONOMICS OF PUBLIC ENTERPRISE AND PUBLIC FUNDS Public Enterprise and Economic Thoughts. Public Investment Criteria. Public Prising. Public Facilities. Public Enterprise and redistribution of income and gains. Alternatives of Public Enterprise. The types of Public Enterprise in case of objective functions. Privatization in theory and practice. Need for Privatization. Public Enterprises and Privatization in Turkey. Public funds in theory and practice. PFIN415 FISCAL POLICY The definition, aims, tools and limits of fiscal policy. Measuring the effects of fiscal policy. Evaluation of the effectivenes of fiscal policies accoding to different approaches. Methods of application in fiscal policy: Optional fiscal policy, automatic stabilisation supplied by fiscal policy and formula elasticity methods. Fiscal policies in the struggle of inflation, recession and stagflation. The problem and financing of the budget deficit. PFIN417 TURKISH TAX SYSTEM Classification of taxes; ıncome, wealth and expenditure taxes: Indıvudual income tax(IIT) corporate income tax(CIT). Full tax liabilty and limited tax liability  IIT and CIT. Types and definitions of taxable income. Annual decleration and whitholding (or tax stoppage) tax decleration of IIT and CIT. Expenditure taxes: Value added tax, banking and insurance transaction tax, fiscal stamp tax, motor vehicle purchase tax, customs tax, fuel oil consumption tax and others. Wealth taxes: Inharitance and gift tax. Real estate tax. Motor vehicle tax. Exemptions and exclusions of this taxes. Determination of taxable value. Declaration, tax rates and tax  tariffs ( tax schedules), assessment and payment of all this taxes. Liability for expenditure and wealth tax. Payment of wealth and expenditure tax. Fees and municipal income taxes. SRV105 ADVANCED ENGLISH I Examination of various critical structures in the analysis of complex sentences. Translation of sentences related with economics, management, marketing, accounting and statistics from English into Turkish. (Prerequisite: To pass the preparatory course). SRV106 ADVANCED ENGLISH II As complementary of Advanced English 1.Translation of harder and more complicated professional sentences. (Prerequisite: To pass the preparatory course). SRV107 INTRODUCTION TO SOCIAL SCIENCES  Science and social science concepts. Historical development of social science. Main differences between social science and natural science. Main problems of social sciences. General features and scope of various social science. Sociology, economy, political science, anthropolgy, psychology, behavioral science. Selected readings. SRV111 MATHEMATICS I Basic concepts of set theory, numbers, exponents and the radicals are reviewed. Notions of equation and the inequality are presented, the solution of equations and the inequalities are discussed and a number of relevant examples solved. Theoretical basics of derivative and the limit is discussed and the derivative of linear, exponential and logarithmic functions are presented and some related problem sets solved. Limit and continuity, critical points and graphing one variable functions are lectured. Some business and the field applications are discussed and related problems solved. SRV112 MATHEMATICS II Theoretical background for some type of indefinite and definite integrals are introduced prior to explaining the application of definite integral for calculating the area bounded by some functions in an interval. As an application of the definite integral and calculation of area employing the definite integral, the producers' and the consumers surpluses at market equilibrium are discussed in some detail. The multivariable functions, the partial derivative of these functions, optimization and the restricted optimization methods for multivariable functions are presented. Simple and compound interest and the present value are studied. Finally, the matrix algebra; matrix, determinants and their properties, inverse matrix, solution methods of linear equation systems and the Cramer's rule for the solution of the system of linear equations and the field applications are discussed. SRV201 ADVANCED ENGLISH III The course aims to improve the understanding, writing, speaking and translation skills of the students in English language. In order to this, the course focuses on understanding a text, finding the main and supporting arguments and answering questions according to the given text. The course also increases the note-taking and summary skills of the students. The students are also expected to write short and long essays, contribute to in-class discussions based on articles, books and movies. In the second part of the course, the students will make in-class presentations about topics, such as, human rights, education, technology and society and culture. SRV202 TRANSLATION INTO TURKISH II The course is a continuation of the Advanced English III class and it focuses on improving the skills of writing, reading and speaking skills of the students through essay writing, note-taking, discussions and presentations. SRV211 STATISTICS I Introduction to the discipline of statistics; as an art and a science, basic concepts of set theory, counting methods, concept of probability, population and sample, tools of descriptive statistics; grouping the raw data; forming the simple and the cumulative frequency distributions, probability distributions and the percentage distributions, measures of central tendency; simple and weighted arithmetic, geometric and harmonic means, the median, mode and the quartile, measures of dispersion; range, average deviation, variance, standard deviation, quartile deviation and the coefficient of variation for grouped and ungrouped data, the graphical tools like bar charts, histograms, frequency polygons and ogives are presented. The discrete and the continuous random variables, the concepts of discrete and continuous distributions, the concepts of expected value, the expected value of such variables and the expected value of some special functions of such variables are discussed. A number of discrete theoretical distributions, like Binomial, Hyper Geometric, Geometric, Poisson and a number of continuous theoretical distributions like, Normal, Standard Normal, Exponential and the Uniform distributions and their properties are also presented. In each step the theoretical development is supported by solving related problems. SRV212 STATISTICS II The statistical induction and the statistical decision making will be presented to explain the role of statistics in research. The population parameters and the test statistics are defined and the distributions of the test statistics such as the distribution of the sample means, the distribution of the sample proportions and the distribution of the sample variances are discussed and the theoretical distributions that are employed for such purposes are presented with the theoretical backgrounds. The point of the population parameters, the interval estimations for one population parameter and the difference of the two population parameters are also discussed for different cases. The hypothesis testing for one and the difference of the two population parameters are also introduced and the theoretical support is provided. Analysis of variance, nonparametric tests, sampling theory and sampling methods are also discussed. In this course, some basic statistical concepts and the theoretical background associated with statistical induction and the statistical decision making will be provided to guide the students step by step through the materials in logical manner to prepare them for the real life problems that they encounter later in their field of study. SRV301 TRANSLATION INTO ENGLISH I Brief revision of grammar. Translation of Turkish professional texts into English. (Prerequisite: SRV 202 Translation into Turkish II) SRV302 TRANSLATION INTO ENGLISH II  Translation of more advanced professional Turkish texts into English.(Prerequisite: SRV 301 Translation into English I). SRV303 RESEARCH METHODS Scope and importance of research methods. Science and research. Stages of scientific research. Observation technics. Systematic Analysis. Definition and classification, hypothesis, test and theory. Comparative method. SRV402 ENGLISH SPEAKING Individual English presentation, debates and discussions as team-work about various subjects to improve the students' verbal skills. SRV403 DATA COMMUNICATIONS AND INFORMATION NETWORKS The course provides the essential background to enable management information systems staff to understand barters in information systems hardware, software, and architecture for effective use in the business environment. This course will introduce networking and data communication concepts to undergraduate students. It will cover the following topics: Data Communication, OSI and TCP/IP models, Common Network Topologies, Basics of IP Adressing and Routing, Internetworking, High- level Transparent Network Services Including Domain Name System (DNS), Internet Applications, Network Security, Introduction to E-trade, Electronic Data Interchange, E-sign, Electronic Document Management (Prerequisite: SRV113 Business Computing Laboratory I) SRV404 WEB SITE DESIGN This course is intended to provide students with an overview of the tools available to design and develop an effective personal or corporate presence on the World Wide Web. This will be accomplished through the use of hands-on projects and exercises. This course will cover the following topics: Hand-coded HTML, Common Web Editors: Macromedia Dreamweaver and MS Expression