Faculty of Economics and Administrative Sciences

Economics

Duration 4 Years

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About
Curriculum
Entry Requirements
Fees & Scholarships

About the Department

Economics, is a social science that not only covering all processes from production to consumption but also studies topics such as trade, distribution, imports and exports. The history of economics started with the start of human-induced economic activities. The economics department, on the other hand, enables to follow, observe, inspect the economic transactions of the governments, companies, institutions or organizations and to obtain effective results in the fields of sales / marketing by drawing meaningful results from these transactions. The economics department aims to teach basic economics and analysis techniques to university students. It also aims to teach basic economics and analysis methods, and to develop students' research, analysis and evaluation of results. Economics Department also has master's programs with and without thesis.

Education Opportunities

In the Economics department, students are given a 4-year undergraduate education. Individuals who graduate from this program are given the title of "Economist". The curriculum applied in the economics undergraduate department is prepared to integrate economic theory and economic policies with the practices of the business world. Thus, it aims to create a solid economic foundation. The educational content, which starts with the basic theoretical courses, is updated in accordance with the current conditions. Students are supported by theoretical and applied field courses. Prospective students who aim to include this department in their preference lists will be responsible for Economics, Macroeconomics, Microeconomics, Environmental Economics, Money and Banking, Political Science, International Economics, Statistics, Development Economics, History of Economic Thought and many other courses throughout their education life. If they wish, students can continue their graduate program and head towards an academic career.

Career Areas

The graduates of economics department are also graduates of a science, their application areas are quite wide. The majority of those holding the title of economist prefer to take part in the following areas;
-Banking,
-Stock market,
-Sales and marketing,
-Education,
-Food and beverage service activities,
-Real estate activities,
-Academic career,
-Public services,
-Information and communication,
-Economic consultancy,
Graduates of the economics department can find jobs in any sector where there is a trade and shopping relationship. On the other hand, economists can decide on the type of work they want to be in with the experience they have gained during their undergraduate education. Some of them may prefer to be a clerk in government offices, advisory offices, supervisory units, banks or various economic organizations, some may prefer to be in private companies. Thus, there are many job opportunities for economics graduates in both public and private sectors.

Contact

Faculty of Economics and Administrative Sciences
Education and Graduate Sciences Center, GE 203
Tel: +90 392 671 1111 Extension: 2201
Faculty E-mail: secretary-fes@ciu.edu.tr
Head of Department: Assoc. Prof. Dr. Demet Beton KALMAZ
Head of Department E-mail: dkalmaz@ciu.edu.tr

Compulsory Courses

First Semester

INTRODUCTION TO BUSINESS-I

Course code

BUSN101

Credit

Theoretical

Practical

Ects

This course is designed to teach introductory business students fundamental knowledge about a business. For this purpose, understanding the contemporary business environment is a starting point. After briefly covering the business of managing, all functional areas of a business are discussed. Upon completion, students should be able to demonstrate an understanding of business concepts as a foundation for studying other business subjects. The students will be able to identify potential marketing opportunities, relate how business institutions are operated nowadays, and describe business ownership forms. The course is also designed to expose students to the multitude of career fields in the area of business and it will also help them to obtain information about starting their own businesses, identifying basic long and short term planning techniques.

MICROECONOMICS

Course code

ECON101

Credit

Theoretical

Practical

Ects

This course involves introduction to economics with the question; What is economics? Micro and Macro Economics, Needs, wants, preferences, scarcity and consumer preferences, Production Possibilities Frontier, Opportunity Cost, Budget Line, Cost-Benefit Principle, Explicit and Implicit costs, Elasticity -Inferior goods, normal goods, luxury goods, complement goods and substitute goods, Demand Curve and Supply Curve, Excess demand and supply, Demand and Supply functions, Equilibrium price and quantity by using functions, Types of taxes and their effects on demand and supply,Types of Costs; Fixed costs and variable costs. Calculating total revenue and total costs, Calculating profit and loss, Calculating Break even quantity, Drawing Break Even chart, Types of Depreciation and calculating depreciation all will be focused on.

READING AND WRITING SKILLS-I

Course code

ENGL141

Credit

Theoretical

Practical

Ects

This course aims to develop students' listening, speaking, reading - writing and study skills. The course provides students with the opportunity to develop their communication skills through controlled activities and to equip students with the basic study skills necessary to follow the curriculum of English. This course also provides students with the opportunity to process the newly acquired knowledge and to develop their ability to ask questions about how to apply the new knowledge to new situations and ask them to think critically. In addition, this course will enable students to learn about the different strategies required to review the various reading pieces, such as finding the main idea and distinguishing the details from the main idea.

INTRODUCTION TO POLITICAL SCIENCE

Course code

INRE101

Credit

Theoretical

Practical

Ects

This course is an introduction course for the first year International Relations students with the aim of introducing students to the discipline’s fundamental terminologies, and concepts. Within this framework, the course explores instances of applied political science through real world examples by providing the essential conceptual tools and fundamental methodologies of studying political science. The course focuses on the building blocks of studying politics such as legitimacy, sovereignty, state, classes, as well as political elites. Fundamental knowledges such as Political parties, regimes, ideologies, election systems will be given to students. In line with the fundamental methodologies of studying political science, the major political perspectives will be analyzed throughout the semester.

MATHEMATICS FOR BUSINESS AND ECONOMICS-I

Course code

MATH111

Credit

Theoretical

Practical

Ects

This course is designed for students who study in the departments of Business and Economics in order to equip students with the knowledge and aspects of mathematics such as simple and compound interest, payroll, annuities, asset valuation, retail evaluation, linear programming. The intention behind this course is to teach students how to integrate key components of economic analysis into managerial decisions by using mathematical tools. Topics include: working with algebraic statements, power and indices, fractions, factorization, functions of one variable, linear and quadratic functions, solving linear and quadratic equations, sketching graphs of functions of one variable, linear and power functions, using linear models to model cost, revenue, profit, demand, supply, break-even points, and equilibrium points.

TURKISH LANGUAGE

Course code

TREG100

Credit

Theoretical

Practical

Ects

This course examines basic areas of language and expression. In the first half of the course, the theoretical approach to language is formed and the spelling rules of the Turkish language are studied. In the latter part of the course, language and narrative errors are studied together with editing. In the second half of the course, formal writing, curriculum vitae, petition, evaluation of the columns in terms of language and style, types of written expression and practice; Turkish production and application of shooting attachments; Turkish grammar structure; It is aimed to teaching subjects like phonetics of Turkish to students.

TURKISH

Course code

TURK100

Credit

Theoretical

Practical

Ects

This course provides an orientation to modern Turkish language for foreign students who wish to communicate in this language for their needs. It mainly focuses on the differences between Turkish and English Alphabets, especially the sounds and the letters which are not included in the English alphabet (i.e. Turkish letters ç-ğ-i-ö-ş-ü). In addition, basic grammar and sentence structure forms in Turkish are practised. The required grammar and vocabulary will also be developed through their adaptation to daily situations in contexts such as introducing yourselves, greeting, talking about the things they possess by using possessive adjectives, forming positive, negative and question sentences by using present simple, telling the time, talking about their own timetables, using demonstrative pronouns when describing the place of objects and becoming familiar with vocabulary related to family members.

Second Semester

MACROECONOMICS

Course code

ECON102

Credit

Theoretical

Practical

Ects

This is an introductory course covering money, the monetary system and their relevance to the functioning of the national economy. It covers monetary and fiscal policies, unemployment, interest rates, and inflation as well. It dwells on the measurement of the level of output and its determination. Particular emphasis is placed on the forces that determine the actual and potential level of output and on policies designed to promote economic stability and growth. Important policy debates such as the sub-prime crisis, social security, the public debt and international economic issues are critically explored. The balance of payments is explained. The determination of the exchange rate is presented with reference to the international monetary system.

READING AND WRITING SKILLS-II

Course code

ENGL142

Credit

Theoretical

Practical

Ects

This course is the continuation of ENG 101. The course aims to improve students' listening, speaking, reading, writing and working skills. In the course, students are guided in writing compare and contrast essays using Venn diagram. In addition, the aim of the course is to learn the necessary conjunctions for composition writing. In addition, the students will be able to write a four-part critical composition by learning the difference between ideas and factual real sentences and how to write the opposing opinion and sentences used to refute it. Thus, the students will be able to distinguish between the compare and contrast essay and discursive essay. Students will also be able to make presentations by using presentation techniques. In addition, this course aims to summarize the reading pieces of the students and to use the strategies of reading and to draw conclusions and meanings using their reading skills.

HISTORY OF CIVILIZATION

Course code

HIST100

Credit

Theoretical

Practical

Ects

The aim of this course is to outline the development of civilizations in the course of history. It firstly focuses on the concepts such as “Civilization”, “Prehistoric”, and “Historic” and on the factors forcing the emergence of the first civilizations. As well as examining the prehistoric periods and their characteristics in the course of human life since the first appearance of human beings on earth, the course mainly focuses on the early civilizations, namely the Mesopotamian, Egyptian, Aegean, Classical Greek, Hellenistic, Indian, Chinese and Roman Civilizations. Political, social, economical, cultural, intellectual, philosophical and scientific aspects in these entities are also examined in this course.

FUNDAMENTALS OF COMPUTING

Course code

ITEC103

Credit

Theoretical

Practical

Ects

This course serves as an introduction to the basic component of information systems, hardware, software, data, people and networks. Topics covered includes computer networks and communications, systems and application software, computer hardware and its operation, the internet and the world wide web, algorithms, pseudocodes and flowchart. After the completion of the course, students will be able to differentiate between various operating systems and application programs. They will be able to identify computer tools that can be used to assist with various common computer applications. They will also gain the fundamental understanding of the history and operation of computers, programming, and web design.

MATHEMATICS FOR BUSINESS AND ECONOMICS-II

Course code

MATH112

Credit

Theoretical

Practical

Ects

The course is a continuation of MATH111, Mathematics for Businesss and Economics-II.This course is designed to equip students with the knowledge and aspects of mathematics for business and economics such as linear programming, matrices and their properties, matrices with applications to business, management and economics, linear and non-linear equations, their properties, finding solutions, their graphs and principles of differentiations ( derivative of elementary functions, derivative of quotient, product etc.), marginal concepts and optimization, partial differentiation, rules of differentiations and applications, definite and indefinite integrals, integration integral of elementary functions, integration by parts and substitution methods, applications of the integral, matrix addition , subtraction, multiplication and elementary operations, inverse, transpose of matrices.

PSYCHOLOGY

Course code

PSYC110

Credit

Theoretical

Practical

Ects

The aim of this course is to provide an introduction to the wide range of topics covered by psychology. By the end of the course, students will be familiar with the major theories and the methods of research used to analyse behavior. These include the biological basis of psychological functions, sensation, perception and different states of consciousness. In addition to cognitive topics, the course provides an introduction to social, developmental and clinical psychology.

MODERN TURKISH HISTORY

Course code

TARH100

Credit

Theoretical

Practical

Ects

In this course, Ottoman state and society, factors causing the collapse of the state; Ottoman modernization; Tripoli and Balkan Wars, World War I, Mudros Armistice and Sevres Agreement; parties and associations, the national resistance movement led by Mustafa Kemal, the Havza and Amasya Circulars, the Congresses, the National Pact, the Turkish Grand National Assembly; the rebellions, the regular army and the War of Independence; the Mudanya Armistice, the Lausanne Peace Treaty; Revolution in the political field, secularization of the state and society, abolition of the sultanate, declaration of the republic, abolition of the caliphate; 1921 and 1924 constitutions, constitutional changes; Sheikh Said Rebellion; Multi-party experience, secularization and modernization in law, nationalization and secularization in education, Kemalizm and 6 principles, Turkish foreign policy(1923-1938) are covered.

Third Semester

ACCOUNTING-I

Course code

ACFN211

Credit

Theoretical

Practical

Ects

This course is an introduction to the financial statement which contains theory, practice and application of accounting principles. The objective of this course is to achieve a strong foundation of accounting principle and to ensure the students understand the process of classifying, reporting, evaluating and interpreting financial information. Accounting helps students to build a foundation upon which they will continue to learn and grow in their study. By the completion of the course students should be able to do the following: 1-Identifying the steps in accounting cycle, 2- Interpreting and recording the business transactions, 3-Classifying the similar transactions into useful reports, 4- Summarizing and communicating information to decision makers.

INTERNATIONAL BUSINESS LAW

Course code

BUSN201

Credit

Theoretical

Practical

Ects

The course is about law and legal institutions in society, emphasizing areas of law relevant to business operations, general legal and social environment with emphasize on business ethics, the role of contracts in business, and employment obligations. The main aim of the course is to offer an insight to various aspects of business law. To this end, general principles of contract law, company law, international trade law and competition law will be examined. Furthermore, the nature of negotiable instruments and international payment instruments will be analyzed. The course is essentially based upon Turkish law, but at times references will be made to other jurisdictions for comparative purposes.

INTERMEDIATE MICROECONOMICS

Course code

ECON201

Credit

Theoretical

Practical

Ects

The course will cover 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. This course aims to give students a strong introductory theoretical framework in microeconomics, thus equipping them with tools for managerial and public policy decision-making. Topics covered include Consumer Theory, Production Theory, Cost of Production and Market Structures. The course, is appropriate for the students with diverse background, provides logical entry point for those intending to pursue their careers in Economics, Business Administration and Banking & Finance, and Accounting & Finance programs.

ECONOMICS SOCIETY TIME & PLACE

Course code

ECON207

Credit

Theoretical

Practical

Ects

The course is designed for highlighting the importance of geography and society in economics. This course examines the inter-relatedness of economy and society and how these impact places where people live and work. We start by looking at theories that challenge market based explanations of how places are shaped. We pay particular attention to housing choices and how these might confer social advantage or disadvantage. After this we use a series of place-based typologies and phenomenon to expand on the theory. Examples might include but are not limited to; suburbanisation, rural second homes and gentrification. We close by considering how changes in governance impact particular communities and places.

STATISTICS-I

Course code

STAT205

Credit

Theoretical

Practical

Ects

The first aim of this course is the organizing data sets used in business and economics, the representation of these data sets by frequency tables and graphics, the analysis of the characteristics of the distributions by calculating the descriptive statistics. Understanding the properties of normal distribution, making simple area and probability calculations by using tables, converting raw scores into standard scores, learning the applications of normal distribution and standard z-scores in business and economics constitute an important part of the course. Applications of correlation and regression analysis, understanding the relationships between variables and making predictions from these relationships in the fields of business and economics are another important part of the course.

Fourth Semester

ACCOUNTING-II

Course code

ACFN212

Credit

Theoretical

Practical

Ects

Students will develop advanced skills that build upon those acquired in Accounting I. Additional accounting skills such as reconciling uncollectible accounts, calculating depreciation on assets, interpreting financial information, and calculating notes and interest will be developed. Computerized accounting will again be incorporated as an essential tool where resources are available. On successful completion of this course, all students will have developed knowledge on how to prepare a bank reconcitiation, record merchandising activities in perpetual and periodic inventory systems, account for uncollectible receivables, account for marketable securities, calculate depreciation for tangible fixed assets using different depreciation methods, account for short-term and long-term liabilities and stokholders’s equity.

ETHICS & SOCIAL RESPONSIBILITY

Course code

EASC220

Credit

Theoretical

Practical

Ects

The course is designed to familiarize students with concepts such as morality, theory of right and wrong, theory of value, what entails goodness and badness, and the theory of virtue and vice. After introducing these concepts, the course encourages students to think about ethical aspect of real life events and issues, makes them analytically examine their position in social life and how they deal with ethical issues. Students become more effective decision makers by examining the meaning and role of ethics in business environment, and social responsibility of business organizations. Topics include the relationship between business and society; identifying stakeholders and issues; the theoretical basis of business ethics; business ethics in management and leadership; the concept of corporate social responsibility; corporate social responsibility in practice.

INTERMEDIATE MACROECONOMICS

Course code

ECON202

Credit

Theoretical

Practical

Ects

In this course, the students will build on and apply what they learned in ECON102: Principles of Macroeconomics. They will use the concepts of output, unemployment, inflation, consumption, and investment to study the dynamics of an economy at a more advanced level. For example, now that they understand the relationship between supply and demand in general terms, they will be asked to examine the effects that short-run and long-run price changes have on full employment and output. As the course progresses, they will gain a better appreciation for how policy shifts and changes in one sector impact the rest of the macroeconomy (whether the impacts are intended or unintended).

HISTORY OF ECONOMIC THOUGHT

Course code

ECON208

Credit

Theoretical

Practical

Ects

This course surveys the main schools in the history of the development of economic thought, beginning with the Classical school and the works of Smith, Ricardo, J.S. Mill, Thornton, Say. It then reviews challenges to the classical school by Marx, Marginalists, and subsequent figures like Marshall, Walras and Neoclassicalists. Economic thought associated with the early 20th century transitionalists are briefly addressed, including economists Wicksell, Schumpeter, Fisher. Selective chapters and passages of Keynes General Theory are read, focusing in particular on Keynes in areas of investment, interest rate theory and money demand. Post-1945 revisions of Keynes and Neoclassical economics in the form of early and late IS/LM analysis are reviewed, and its main challenges by Friedman (Monetarism),Lucas (Rational Expectations), Real Business Cycle theorists, and Post-Keynesian thought.

STATISTICS-II

Course code

STAT206

Credit

Theoretical

Practical

Ects

The purpose of the course is to evaluate and analyze the quality of services available to a group or organization, analyzing the behaviors of groups of people in their environment and special situations, and determining the wants of people through statistical sampling. After completing this course the students will be able to define statistical applications for economics, develop an understanding for frequency distribution, calculate the measurement of the central tendency, assess the standard deviation and other measures of dispersion. They will be able to compute the correlation coefficient and covariance, and discuss the elementary concept of probability theory and also sampling theory.

Fifth Semester

ECONOMETRICS

Course code

ECON304

Credit

Theoretical

Practical

Ects

The objective of this course is to provide the basic knowledge of econometrics that is a necessity for any serious economist or social scientist, to a level where the participant would be competent to continue with the study of the subject in a graduate programme. While the course is ambitious in terms of its coverage of technical topics, equal importance is attached to the development of an intuitive understanding of the material that will allow these skills to be utilised effectively and creatively, and to give participants the foundation for understanding specialized applications through self study with confidence when needed.

ECONOMIC GROWTH

Course code

ECON305

Credit

Theoretical

Practical

Ects

This course will provide an introduction to macroeconomic modeling, particularly economic growth. It will focus both on models of economic growth and their empirical applications, and try to shed light on the mechanics of economic growth, technological change and sources of income and growth differences across countries. The course has a number of objectives: The first is to familiarize you with a set of issues and questions that are central to macroeconomics, and that are also exciting and important; the second is to develop some of the most important tools of dynamic economics useful in macroeconomics as well as in a number of other subdisciplines of economics including general equilibrium theory, political economy, industrial organization and contract theory.

INTERNATIONAL ECONOMICS-I

Course code

ECON353

Credit

Theoretical

Practical

Ects

The course covers the fundamental trade theories such as comparative advantage, Heckscher-Ohlin model and other post-HO trade theories as well as the welfare analysis of trade policies such as tariffs, quotas, subsidies and economic integration. The aim of this course is to introduce the students to various trade theories explaining why trade exists and how it affects the welfare between and within the countries. The theories covered include comparative advantage, standard theory of trade, Heckscher-Ohlin theory and post-HO contemporary trade theories. The second part of the course covers different trade policies such as tariffs, quotas, VERs, subsidies and economic integration, and their welfare analysis.

AREA ELECTIVE

Course code

ECONXX1

Credit

Theoretical

Practical

Ects

UNIVERSITY ELECTIVE

Course code

UNIEXX1

Credit

Theoretical

Practical

Ects

UNIVERSITY ELECTIVE

Sixth Semester

FISCAL POLICY AND PUBLIC FINANCE

Course code

ECON312

Credit

Theoretical

Practical

Ects

This course offers a comprehensive introduction to Public Finance, focusing on the government’s economic roles in modern economies. It explores why governments intervene in markets, how they allocate and distribute public resources, and the design and impact of fiscal policy. Students will study key concepts such as market failure, public goods, externalities, and the principles of efficiency and equity. The course examines the three core government functions—allocation, distribution, and stabilization—through public expenditure in sectors like health, education, and infrastructure, alongside tools like cost-benefit analysis and fiscal sustainability. It also covers tax theory and policy, including the structure and effects of different tax types, tax fairness, efficiency, and challenges in reforming tax systems in a globalized context. Finally, students will analyze how fiscal tools address major policy issues such as inequality, climate change, and public debt, gaining practical skills to assess public finance policies at both national and international levels.

MONEY AND BANKING

Course code

ECON332

Credit

Theoretical

Practical

Ects

This course is designed to explain the importance of money and banking to economic activity. This course offers a systematic analysis of monetary theories and the financial system. Apart from exposing students to different approaches in monetary analysis, the course places a special emphasis on the up-to-date analysis of how information costs affect financial structure and monetary policy. The course will cover the structure and importance of the financial system, the functions of money, behavior of interest rates, financial structure and asymmetric information, bank management and regulation, debates on macroeconomic and monetary policies, the targets and instruments of monetary policies, the transmission mechanism of monetary policy and its effectiveness, money and inflation, rational expectations and its applications.

INTERNATIONAL ECONOMICS II

Course code

ECON354

Credit

Theoretical

Practical

Ects

The objective of this course is to provide students with a comprehensive understanding of key concepts and frameworks in international economics. It aims to deepen students' grasp of international trade theory, including the gains from trade, comparative advantage, and the effects of trade policy instruments such as tariffs and quotas. Students will also develop a solid foundation in national income accounting and the balance of payments, enabling them to analyze a country's economic transactions with the rest of the world. The course explores the dynamics of exchange rates, examining how they are determined and how they interact with money markets and interest rates. It further covers the relationship between price levels and exchange rates in the long run, and the impact of exchange rates on output and economic activity in the short run. In addition, students will gain a deeper understanding of the international monetary system, its evolution, and current issues, preparing them for informed analysis of global economic events and policy debates.

ELECTIVE

Course code

ECONXX2

Credit

Theoretical

Practical

Ects

ELECTIVE

UNIVERSITY ELECTIVE

Course code

UNIEXX2

Credit

Theoretical

Practical

Ects

UNIVERSITY ELECTIVE

Seventh Semester

DEVELOPMENT ECONOMICS

Course code

ECON401

Credit

Theoretical

Practical

Ects

This is an intermediate undergraduate course in development economics. The course covers the following topics: the meaning and measurement of economic development, growth theories, poverty and income distribution, the role of geography and institutions, fertility and population growth, the role of credit markets and microfinance, health and nutrition, education, female empowerment. On successful completion of this course, students will be able to: demonstrate familiarity with some central themes and issues of economic development, demonstrate the understanding of the difference between growth and development, major growth theories, the measurement of inequality, significance of agricuture in developing countries, poverty and population issues facing the world, international trade, and importance of foreign aid. They will be able to analyse empirical evidence on the patterns of economic development.

MATHEMATICAL ECONOMICS

Course code

ECON467

Credit

Theoretical

Practical

Ects

This course introduces the students to the concepts in mathematical economics. The course refreshes students’ knowledge on differentiation, integration and presents applications of these concepts in economics. The applications include elasticity calculations; constrained and unconstrained optimization; welfare analysis via consumer and producer surpluses; and input-output table analysis. On successful completion of this course, all students will have developed knowledge and understanding of: Derivatives and differentiation, integration, expressing economic relations as mathematical equations, and applying accumulated theorems and techniques of mathematics in solving economic problems. The students will be able to use their improved mathematical economics skills in their further research projects.

AREA ELECTIVE

Course code

ECONXX3

Credit

Theoretical

Practical

Ects

ARE ELECTIVE

AREA ELECTIVE

Course code

ECONXX4

Credit

Theoretical

Practical

Ects

AREA ELECTIVE

FREE ELECTIVE

Course code

FREEXX1

Credit

Theoretical

Practical

Ects

FREE ELECTIVE

Eighth Semester

ENERGY AND ENVIRONMENT ECONOMICS

Course code

ECON406

Credit

Theoretical

Practical

Ects

This course provides students with a better understanding of the structure of energy and resource markets. An overview of the theory and empirical practice of economic analysis will be used in evaluating energy and environmental problems. Topics covered include the natural resource economics, as well as electricity and oil markets. Other topics include environmental policy (pollution and economic efficiency); analysis of economic instruments, such as tradable property rights and pollution taxes; the allocation of non-renewable and renewable resources; and contemporary issues of growth, sustainable development and climate change. They will also be able to understand electricity markets and the economics of climate change.

ECONOMICS CAPSTONE PROJECT

Course code

ECON430

Credit

Theoretical

Practical

Ects

The course was constructed in a manner that is consistent with the description of undergraduate research. As developer of this course, the instructor felt that students would gain even more in terms of skill development if their experience was grounded in their own interests as opposed to a prescribed set of topics. As a result, no topic-driven content was covered during the course; rather, the students investigated an issue and the course focused on the development of analytical thinking and research skills. Although no explicit links to other courses were presented during the class itself, students were constantly challenged to integrate their research with what they had learned in other courses taken as part of their major.

AREA ELECTIVE

Course code

ECONXX5

Credit

Theoretical

Practical

Ects

ECONXX5

AREA ELECTIVE

Course code

ECONXX6

Credit

Theoretical

Practical

Ects

ELECTIVE

FREE ELECTIVE

Course code

FREEXX2

Credit

Theoretical

Practical

Ects

FREE ELECTIVE

Elective Courses

MANAGERIAL ECONOMICS

Course code

ECON465

Credit

Theoretical

Practical

Ects

The main aim of this course is to study fundamental principles of microeconomics most relevant to managers. Topics include costs, demand, pricing, market structure, market equilibrium, and strategic interaction. The course focuses on: (i) profit maximization by firms; and (ii) market equilibrium in different competitive settings. The course should enhance your understanding of how markets operate and develop your capability in making economic predictions about market outcomes. Economists are model builders, as these facilitate careful analysis, and it is important to develop facility in working in this context. Managerial Economics is the application of economic theory and methodology to managerial decision making problems within various organizational settings such as a firm or a government agency.

MARKETING MANAGEMENT

Course code

MRKT116

Credit

Theoretical

Practical

Ects

CURRENT ISSUES IN ECONOMICS

Course code

ECON402

Credit

Theoretical

Practical

Ects

This course is part of the concentration in politics, philosophy and economics but is open to other students who have taken basic courses in economics. The aspiration of the course is to use theoretical concepts from economics, political science and philosophy to analyze real-world problems and evaluate a range of politically acceptable policy options to deal with them. Our fundamental questions will be: Why are things the way they are? What would make them better? What are the institutional and political impediments to change? How should we balance the trade-off between fairness and efficiency, liberty and need for collective action, self-reliance and mutual support? Topics in this course include the sources of economic growth, income inequality and poverty, health care, financial crises, and taxes.

COMPARATIVE ECONOMIC SYSTEMS

Course code

ECON374

Credit

Theoretical

Practical

Ects

This course aims to make undergraduate students familiar with the major concepts, theories, and debates in comparative economic systems. The course is aimed to maintain the students’ representations of the complexity of the economy of global market. Comparative economic systems are often viewed as a divergence of traditional economics types: free and planned economies with a new type of mixed systems. This course focused on the comparison of three main types of economics systems: Anglo-Saxon, Continental and Asian. The course covers many issues to compare legal systems, corporate governance, financial market, energetic systems, human capital, inequality, social policies, etc. Additional attention was paid to informal institutions (corruption and organized crime), which could be “normal” institutions in economic sense.

COMPUTER APPLICATIONS FOR FINANCE

Course code

ACFN351

Credit

Theoretical

Practical

Ects

The course briefly introduces the popular spreadsheet software Microsoft Excel. It allows users to create rich, stylized spreadsheets to store, organize, sort, calculate, and graph data. The focus of the course is designed to help students use concepts learned in other courses in a spreadsheet environment. Furthermore, course is designed specifically for spreadsheet users who are already performing professional financial analysis and financial modelling or new starters for spreadsheet programming. Especially topics covered include basics of spreadsheet programming, graphing and scheduling, financial and statistical functions, Goal Seek and Solver add-in functionality. The course finally will focus on the efficient usage of date functions.

INTERNATIONAL MONETARY AND FINANCIAL ORGANIZATIONS

Course code

ECON403

Credit

Theoretical

Practical

Ects

The main aim of this course is to enhance the students’ knowledge of monetary economics and combine the accumulated knowledge from different courses into a one useful package. On successful completion of this course, students are expected to have developed knowledge and understanding of: Central Banking, Monetary policy tools and goals, Money Supply, Transmission mechanisms of monetary policy. In addition, on successful completion of this course, students are expected to have developed their skills in: Understanding the relationships between money, central banking and economic variables. Students will be able to observe the monetary side of the economics and its impacts in macroeconomics.

MANAGERIAL ACCOUNTING

Course code

BUSN302

Credit

Theoretical

Practical

Ects

In this course, the development, interpretation, and use of relevant cost behavior, control, and traceability concepts for management planning, controlling and decision making are emphasized. Topics include: an introduction to product costing, the contribution concept, performance standards and variance analysis, responsibility accounting, segment profitability, alternative choice decisions, and capital budgeting. A study of the uses of accounting information for managerial decision making. Areas covered include: manufacturing, merchandising, and service cost systems: costvolume profit analysis; budgeting; and capital investment decision making, cost accounting terminology, job costing, process costing, activity-based costing, activity-based management, cost-volume-profit analysis, budgeting, standard costing, variance analysis, responsibility accounting, variable costing, transfer pricing and decision making.

PROJECT MANAGEMENT

Course code

BUSN441

Credit

Theoretical

Practical

Ects

This course introduces the concept of managerial process in project management. It explores the process of lifecycle management of projects and the tools for decision making. The course will cover the important topics of project management process including cost and time estimation, project scheduling, managing risk, outsourcing, project closure and how to become an effective project manager. The technical and behavioral issues in project management with a broad range of industries to which project management principles can be applied will be also highlighted. By the end of this course the students will be able to understand how project management theories are practiced in business cases and will be able to apply theories in real life cases.

MANAGING SOCIAL RESPONSIBILITY PROJECTS

Course code

BUSN437

Credit

Theoretical

Practical

Ects

MANAGING SOCIAL RESPONSIBILITY PROJECTS

STATISTICAL APPLICATIONS FOR SOCIAL SCIENCES

Course code

STAT461

Credit

Theoretical

Practical

Ects

The course aims to instruct students to use word, excel and statistical packages in an integrated approach at an advanced level. In this course students will be presenting their statistical applications on Power Point in a professional manner; using statistical capabilities to get simple percentages to complex analyses of variance, multiple regressions, and general linear models as well as to generate tabulated reports, charts and plots of distributions and trends. The course makes statistical analysis more accessible fort he beginner and more convenient for the experienced user.It offers a simple and efficient spreadsheet-like facility for entering data and browsing the workingdata file.

HUMAN RESOURCES MANAGEMENT

Course code

BUSN315

Credit

Theoretical

Practical

Ects

This course is designed to provide students with a basic working knowledge of the main facets of the human resources management functions. Topics discussed in this course include; selection, orientation and socialization practices, training, development, and performance appraisal systems; view of HRM from the perception of both management and subordinate employees. The importance of maintaining fair and equitable compensation and benefit program will be alighted. The student will be exposed to practical situations and problem solving regarding areas of employee counseling, discipline and termination, equal employment opportunity will be discussed in order for the student to understand its need, importance and the legal issues surrounding it. Other critical areas of international human resource management, staffing and strategy will also be explored.

CREATIVITY AND INNOVATION

Course code

BUSN236

Credit

Theoretical

Practical

Ects

CREATIVITY AND INNOVATION Creativity, innovation, and change require a unique mindset and collection of mental tools. In this course, students will be introduced to the CIC mindset and cover basic tools for innovating. First, they will learn how to alter the way the brain works to produce ideas and they will discover that creativity comes in many different shapes and sizes, each of which is equally important in solving business problems. Specifically, they will learn about four key variables that define and describe creative diversity, including your creative style and creative level. They will also learn how creative diversity impacts the ideas you generate and how you make use of them, as well as how to recognize and appreciate the creative diversity of others around you.

FUNDAMENTALS OF ECONOMICS

Course code

ECON110

Credit

Theoretical

Practical

Ects

Bu ders, hem mikroekonomi hem de makroekonominin temelini oluşturan temel kavramları kapsayan temel bir ekonomi anlayışı sağlar. Öğrenciler arz ve talep, piyasa yapıları, ekonomide hükümetin rolü, enflasyon, işsizlik ve uluslararası ticaret gibi temel konuları keşfedeceklerdir. Ders, ekonomik muhakeme ve karar almanın önemini vurgulayarak öğrencilere hem kişisel hem de profesyonel bağlamlarda ekonomik sorunları analiz etmeleri için araçlar sağlar. Dersin tamamlayan öğrenciler temel ekonomi prensipleri hakkında sağlam bir anlayışa sahip olacaklardır.

SMALL BUSINESS MANAGEMENT

Course code

BUSN416

Credit

Theoretical

Practical

Ects

SMALL BUSINESS MANAGEMENT

FINANCIAL STATEMENT ANAYSIS

Course code

ACFN400

Credit

Theoretical

Practical

Ects

The basic objective of this course is to consider the tools and techniques for the interpretation of Financial Statements. This course also aims in analyzing balance sheet and income statement, obtaining a result about the financial position of a company, evaluating the financial condition of a company in a sector, implementing horizontal and vertical analysis to the company, and evaluating the progress of a company by creating trend analysis are the basic topics of the course. On successful completion of this course, all students will have developed knowledge and understanding of: Measuring and Estimating Costs, Accrual-based Versus Cash-flow-based Performance Measures, The Analytical Income Statement and Balance Sheet.

CONSUMER BEHAVIOR

Course code

MRKT217

Credit

Theoretical

Practical

Ects

ORGANIZATIONAL BEHAVIOUR

Course code

BUSN207

Credit

Theoretical

Practical

Ects

The purpose of this course is to train students with theories and applications dealing with motivation, decision-making, team dynamics, negotiation, leadership and organizational culture. Development of analytical skills and critical thinking are important for the course. The course exposes students to advanced behavioral science theories and applications in management. Organizational behavior (OB) is an interdisciplinary field drawing from numerous disciplines including psychology, sociology, economics, organization theory, statistics, and many others. After an overview of OB and how to assess the value-added of "soft" management interventions, topics will include work motivation, work attitudes, newcomer socialization, "natural" and nominal work teams, leadership, decision making, and management of change.

POLITICS IN BALKANS

Course code

INRE440

Credit

Theoretical

Practical

Ects

This course is organized to introduce the student with a thorough understanding of Balkan politics. The topics in this course are history of the Balkans, territorial settlement of 1919-1923, revisionism in the Balkans, characteristic features of the regimes during the period between the two World Wars, the establishment of communist regimes in the 1940s and their collapses in 1989-1990. International and domestic problems faced by the Balkan states during the transitional period will also be examined, with particular emphasis on issues in the Balkans such as Bosnia, Kosovo and Macedonia issues. The European Union perspective of the Balkan states and Turkey’s foreign policy towards the region are also of special interest for this course.

FINANCIAL MARKETS AND INSTITUTIONS

Course code

ACFN310

Credit

Theoretical

Practical

Ects

This course is designed to provide students with a basic knowledge of financial institutions and markets play in the business environment. The banking system, the interest rates, the derivatives, and the Federal Reserve System will be analyzed in this course. On successful completion of this course, all students will have developed knowledge and understanding of Financial environment; Role of Financial Markets and Institutions,Securities traded in Primary and Secondary Markets, Derivatives, spot and farword and future markets, Monetary Authorities,Monetary Policy , Money Markets, Capital Markets, Supply and Demend for loandable funds Other Lending Institutions: Savings Institutions,Credit Unions, and Finance Companies, Managing Risk off the Balance Sheet with Derivative Securities. Types of Risks Incurred By Financial Institutions.

INTERNATIONAL ACCOUNTING

Course code

ACFN453

Credit

Theoretical

Practical

Ects

The main aim of the course is to provide the students with a basic understanding of why accounting practices differ in different countries. The course seeks to get the students acquainted with the various aspects of harmonization for diverse accounting procedures of different countries in order to make the students understand how multinational companies operating internationally cope with the accounting differences in countries across which they operate. In this course, international financial accounting, managerial accounting, auditing, taxation, and accounting information systems are the major topics covered. The standards, guidelines, and rules of accounting, auditing, and taxation issued by supranational organizations are also examined. The course overviews the broadly defined area of international accounting, by focusing on accounting-related issues of international business activities and foreign operations.

HUMAN RIGHTS

Course code

INRE431

Credit

Theoretical

Practical

Ects

This course aims to generate necessary conceptual, historical, theoretical, and methodological background to assess the different aspects of human rights from a multi-cultural perspective. To serve this main goal, the course will mainly focus on the basic concepts, theories, methods, and measures of human rights; history of ideas and institutions of human rights; international regimes of human rights, issues in human rights respectively. Within this framework, a functioning and internally consistent theoretical, methodological, and practical background are analysed to make students understand and explain the specific cases of human rights regulations and practices in the multicultural world.

KNOWLEDGE MANAGEMENT

Course code

BUSN410

Credit

Theoretical

Practical

Ects

This course aims at underlying the importance of knowledge and its processes in organizations. It focuses on the processes of knowledge such as creating, sharing, structuring, using and auditing in the context of knowledge management life cycle (KMLC). Furthermore, the course examines two type/dimensions of knowledge, tacit and explicit knowledge. Hierarchy of knowledge is also the key concept of knowledge management course which includes physical process, data, information, and knowledge and wisdom concepts. Knowledge management discipline, knowledge management applications and knowledge mapping techniques will be explained at this course during the Semester. Some of the additional theories such as resource based view of the organization theory, resource dependency theory, intellectual capital theory will directly be explained.

SALES MANAGEMENT

Course code

BUSN470

Credit

Theoretical

Practical

Ects

The main purpose of this course is to prepare students to become effective sales managers in today’s hyper-competitive environment and global economies —by integrating current smart technologies, research and development activities, and strategic thinking skills in applying real industry. This course will enable students to gather data and information about sales management as major business function with an overview of the sales perspective, sales environment, sales technique and sales control. This course covers the topics such as what must still be the most important element of the marketing mix for the students and practitioners. This course provides the basis for the consistent cadence of sales inspections for creating a selling quality and excellence which help the students to develop their understanding against role-base competencies.

TURKISH FOREIGN POLICY

Course code

INRE444

Credit

Theoretical

Practical

Ects

The main objective of this seminar is to transmit an overall perspective of the Turkish Foreign Policy to fourth year International Relations students as well as enabling them to think objectively and rationally on the historical issues regarding the Turkish Foreign Policy. A chronological and a thematic approach will be followed while covering Turkey’s regional and trans-regional relations throughout the past century. Concerning today’s global dynamics shaping the Turkish Foreign Policy; the fluidity of the global market, the rise and impact of Multi-National Companies, the geopolitical situations of conflicting countries and other causes will be analyzed and discussed in class.

BUSINESS FINANCE

Course code

EASC345

Credit

Theoretical

Practical

Ects

The material covered in this course can be summed up as a “Guide Book for New entrepreneurs”. It has seven basic objectives: to introduce the business environment as an important factor in the birth and survival of new businesses, to emphasize the importance of the business idea, to familiarize the student with the sources of initial capital, to review the basic financial tables and tools, to have the student draw up and write his own realistic business plan, and to acquaint the student with the procedures linking businesses with banks and other institutions of the financial markets, help to prepare students with a conceptual frame work for understanding and analyzing decision took by management.

MARKETING AND CONSUMER BEHAVIOR

Course code

BUSN365

Credit

Theoretical

Practical

Ects

The course aims to provide an understanding of how consumers make decisions and how internal and external factors influence consumer purchase decisions. Students learn about the evolution of consumer behavior and the impact of new technologies and media on studying and targeting customers, including new methods conducted by marketers. They will also study consumer purchase patterns and methods used to target them more precisely, thus learning why consumer behavior is valuable in marketing programs. In addition, students will study basic theoretical knowledge and terminology related to the field, learning how to think and act strategically about the behaviors of consumers and how to understand and solve problems from a communication perspective.

ISSUES IN INTERNATIONAL RELATIONS

Course code

INRE446

Credit

Theoretical

Practical

Ects

The main aim of this course is to provide a detailed overview of the issues and approaches in the field of international relations from different perspectives. The seminar will also help students in preparing for the comprehensive tests and further study in the department’s more specialized courses in international relations through reevaluating major concepts and theories as well as complex issues in the field. Finally, the purpose of this course is to provide fourth year IR students with the means to think critically about international relations and explore some of the most salient issues in-depth in international relations and politics today.

EUROPEAN INTEGRATION

Course code

INRE441

Credit

Theoretical

Practical

Ects

EUROPEAN INTEGRATION

INTERNATIONAL MARKETING

Course code

BUSN484

Credit

Theoretical

Practical

Ects

COST ACCOUNTING

Course code

EASC327

Credit

Theoretical

Practical

Ects

The aim of the course is to provide students with knowledge of cost and cost-related concepts, and teach them how to use these concepts in evaluating the cost of a product; in the process of planning and control; and decision-making. This course examines in depth cost analysis and product costing for both the profit and not-for-profit sectors of the economy. Accounting for labor, materials, and manufacturing overhead emphasizes the use of source documents to analyze and record cost data in both manual and computerized accounting systems. Methods of allocating indirect costs to products are introduced. Budgeting concepts are reviewed with emphasis on capital budget techniques. Reporting for segments and decentralized operations are also covered.

INTERNATIONAL ECONOMICS

Course code

BUSN423

Credit

Theoretical

Practical

Ects

INVESTMENTS

Course code

EASC465

Credit

Theoretical

Practical

Ects

Develops an understanding of the models and concepts of profitable investing, relying on theoretical development and consideration of observed pricing, market, and participant behavior. Examines the markets through which investment funds are channeled and the motivations of the investing and borrowing communities.On successful completion of this course, all students will have developed knowledge and understanding on: how secutires are Traded, Mutual funds and other invesment companies, Global Financial Instruments, Eifficent Diversification, The efficent market hypothesis, Interntional investing, Taxes. Inflation, and invesment Stratages, Investores and the investment process, Behavioral Fianance and Technical analysis. Examines the markets through which investment funds are channeled and the motivations of the investing and borrowing communities.

INTEGRATED MARKETING COMMUNITACION

Course code

MRKT308

Credit

Theoretical

Practical

Ects

TRNC
International

TRNC citizens and TR citizen candidate students who have completed their entire high school education in TRNC. They are placed in undergraduate programs in line with their success in the CIU Student Placement and Scholarship Ranking Exam and the programs they prefer.

Students who are successful in the exam can register from the TRNC Marketing Office.

Applicants can directly apply online to our undergraduate programs by using the application portal. Please fill in your details correctly and upload all the required documents listed on the last page of the application form.

Required documents;

Completed application form,
Higher/Secondary Certificate or equivalents (e.g. O/A’Level, WAEC/NECO)
Evidence of English Language competence: TOEFL (65 IBT) or IELTS (5.5). Students without these documents will take the CIU English proficiency exam on campus following arrival,
Scanned copy of international passport/birth certificate,
Fully completed and signed CIU Rules and Regulations document (which can be downloaded during the online application).

Scholarships
Fees

Cyprus International University provides academic scholarships for its students as an incentive for success, with most students benefiting from 50%, 75% or 100% scholarships or discounted tuition fees. Click for more information.

Tuition Fees are determined at the beginning of each academic year. Candidate students who are entitled to enroll in CIU can learn their fees in line with the Tuition Fee Calculation system.