Course Language:
English
Course Objectives:
The main aim of the course is to provide the student with a basic understanding of the economic and financial environment in which the firm exists and operates.
Course Content:
The inter-relation among product-markets, factor-markets, and financial-markets, Debt-financing, equity-financing, and retained- earnings, The balance between debt-financing and equity-financing, and the effect on the value of the firm, The time-value-of-money and applications: Capital budgeting: Net present value (NPV) and project evaluation, Present-value and future-value concepts, and deriving the time value of money equations, Four major Market-structures and determinants of firm Market-power
Course Methodology:
1: Lecture, 2: Question-Answer, 3: Discussion, 12: Case Study
Course Evaluation Methods:
A: Exam, B: Experiment, C: Homework, Q: Quiz
Vertical Tabs
Course Learning Outcomes
| Learning Outcomes | Program Learning Outcomes | Teaching Methods | Assessment Methods |
| 1) Provides the student with a basic understanding of the economic and financial environment in which the firm exists and operates | 3, 10 | 1, 2, 3, 12 | A - C |
| 2) Prepares and equips the student to better participate in the various economic and financial processes of the firm | 3, 10 | 1, 2, 3, 12 | A – C |
| 3) Increases student’s potential for success for future employment; and increases the student’s potential for success in managing a business. | 3, 8, 10 | 1, 2, 3, 12 | A – C |
| 4) Enhances the skills regarding analytical-reasoning and practical-applications that can be of use in professional decision-making in business | 3, 8, 10 | 1, 2, 3, 12 | A - C |
Course Flow
| COURSE CONTENT | ||
| Week | Topics | Study Materials |
| 1 | Introduction: How an economy works: The inter-relation among product-markets, factor-markets, and financial-markets | |
| 2 | Introduction (continued): How an economy works: The inter-relation among product-markets, factor-markets, and financial-markets | |
| 3 | How firms finance new capital-expenditure: Debt-financing, equity-financing, and retained- earnings | |
| 4 | How firms finance new capital-expenditure: Debt-financing, equity-financing, and retained- earnings | |
| 5 | The balance between debt-financing and equity-financing, and the effect on the value of the firm | |
| 6 | The balance between debt-financing and equity-financing, and the effect on the value of the firm | |
| 7 | Review for the midterm: Problem set and Study guide discussion | |
| 8 | The time-value-of-money and applications: Capital budgeting: Net present value (NPV) and project evaluation | |
| 9 | The time-value-of-money and applications: Capital budgeting (continued): Net present value (NPV) and project evaluation | |
| 10 | The time-value-of-money concepts: Present-value and future-value concepts, and deriving the time value of money equations | |
| 11 | The time-value-of-money concepts: Present-value and future-value concepts, and deriving the time value of money equations | |
| 12 | Four major Market-structures and determinants of firm Market-power | |
| 13 | Four major Market-structures and determinants of firm Market-power | |
| 14 | Review for the Final exam: Problem set and Study guide discussion | |
| 15 | Review for the Final exam: Problem set and Study guide discussion | |
| 16 | Final | |
Recommended Sources
| RECOMMENDED SOURCES | |
| Textbook | Foundations of Economics; R.Bade&M.Parkin, Pearson |
| Additional Resources | Daily news, newspapers and economy blogs |
Material Sharing
| MATERIAL SHARING | |
| Documents | Problem sets as study guides for the midterm and final |
| Assignments | |
| Exams | Test book |
Assessment
| ASSESSMENT | ||
| IN-TERM STUDIES | NUMBER | PERCENTAGE |
| Mid-terms | 1 | 80 |
| Presentation | 1 | 20 |
| Assignment | 0 | 0 |
| Total | 100 | |
| Contribution of Final Examination to Overall Grade | 50 | |
| Contribution of In-Term Studies to Overall Grade | 50 | |
| Total | 100 | |
Course’s Contribution to Program
| COURSE CONTRIBUTION TO PROGRAM | ||||||
| No | Program Learning Outcomes | Contribution | ||||
| 1 | 2 | 3 | 4 | 5 | ||
| 1 | Defines basic concepts, theories, methods, and domains of study specific to radio, television and cinema by associating them with the findings and theories of humanities and social sciences. | X | ||||
| 2 | Demonstrates the responsibilities, effective participation, coordination, and planning skills essential for harmonious and efficient teamwork in the production processes relative to the radio, television and cinema fields. | |||||
| 3 | Generates media products in accordance with professional standards in various narrative forms and genres specific to the field by synthesizing up-to-date knowledge and skills for expertise acquired through applied and theoretical courses. | |||||
| 4 | Manifests professional knowledge and such skills as copywriting, image management, editing, sound design, producing and directing, media management in different fields of radio, television and cinema locally and globally. | |||||
| 5 | Holds responsibility in broadcasting by integrating national and international rules of law that media professionals should pursue with professional ethical principles. | X | ||||
| 6 | Comprehends the knowledge and skills related to institutional operation and management in the production and broadcasting processes of radio, television and cinema for the common interest. | X | ||||
| 7 | Evaluates radio, television and cinema fields analytically and critically from their institutional structuring to products regarding a wide range of cultural, artistic, economic, and social relations. | X | ||||
| 8 | Has the ability to collect visual, audio and written data, conduct research, evaluate, report and offer creative solutions in the fields of radio, television and cinema. | X | ||||
| 9 | Develops original projects for radio, television and cinema by following new technologies, developments, and ideas in the fields of art, culture, and media at the national and global planes. | |||||
ECTS
| ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION | |||
| Activities | Quantity |
Duration (Hour) |
Total Workload (Hour) |
| Course Duration | 15 | 3 | 45 |
| Hours for off-the-classroom study (Pre-study, practice) | 15 | 6 | 90 |
| Mid-terms | 1 | 3 | 3 |
| Individual study for the exam | 1 | 3 | 3 |
| Assignment | 0 | 0 | 0 |
| Final examination | 1 | 3 | 3 |
| Total Work Load | 144 | ||
| Total Work Load / 25 (h) | 5,76 | ||
| ECTS Credit of the Course | 6 | ||
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