International Trade and Business (English) Preview
Bachelor	TR-NQF-HE: Level 6	QF-EHEA: First Cycle	EQF-LLL: Level 6

Course Introduction and Application Information

Course Code:

ECO040

Course Name:

Circular Economics and Sustainable Development

Semester:

Fall

Course Credits:

ECTS

Language of instruction:

English

Course Condition:

Does the Course Require Work Experience?:

Type of course:

Departmental Elective

Course Level:

Bachelor

TR-NQF-HE:6. Master`s Degree

QF-EHEA:First Cycle

EQF-LLL:6. Master`s Degree

Mode of Delivery:

Face to face

Course Coordinator:

Doç. Dr. ÇİĞDEM GÜRSOY

Course Lecturer(s):

Doç. Dr. Oğuz Demir

Course Assistants:

Course Objective and Content

Course Objectives:

This course will provide undergraduate students with knowledge in concepts of environmental economics, resource economics and circular economy. An implementation of variety of intermediate-level concepts, frameworks, and models from microeconomics will be applied to find solutions for environmental problems.
Along with improving understanding of environmental economics, resource economics and circular economy topics, the goals of this course include improvements in critical thinking skills and learning how to properly apply acquired knowledge of theoretical economics to solutions of practical problems.

Course Content:

1. Introduction to circular economy: Understanding the principles and concept of circular economy and how it differs from the traditional linear economy.
2. Sustainable consumption and production: Analyzing the current state of global consumption and production patterns, and exploring ways to promote more sustainable practices.
3. Circular design: Developing strategies for circular design and product development that prioritize resource efficiency, recyclability, and product longevity.
4. Circular business models: Examining different circular business models, such as leasing, takeback systems, and product as a service, and understanding their benefits and challenges.
5. Policy and regulatory frameworks: Evaluating the policy and regulatory frameworks needed to promote circular economy at the local, national, and international levels, and how stakeholders can collaborate to advance a circular economy.
6. Supply chain management: Analyzing circular economy practices and strategies in supply chain management, and how circularity can be integrated into the supply chain.

Learning Outcomes

The students who have succeeded in this course;
1) Explains various trends and driving forces in the circular economy and how these can be implemented in industrial value chains to contribute to sustainable development
2) Explains the most important terms regarding circular economy with a focus on value chains and business models
3) Describe the frameworks and tools used in the topic of circular economy
4) Describes the challenges that exist in the adoption of circular economy, and in this context describe the connections that exist between the important enablers of technology and design
5) Describes the various measures and indices used in circular economy
6) Describes the development of circular economy within some industrial value chains

Course Flow Plan

Week	Subject	Related Preparation
1)	Introduction to Circular Economics
2)	Critical Raw Materials and Resource Scarcity
3)	Circular Economy Business Models – 1
4)	Circular Economy Business Models – 2
5)	Sustainable Consumption and Production
6)	The Impact of Consumer Behaviour on the Environment
7)	The Importance of Sustainable Production
8)	Midterm
9)	Designing for Circularity
10)	Circular Economy Policies and Regulations
11)	Lifecycle Analysis – Lifecycle Optimization
12)	Early movers in Circular Economy and Business Benefits
13)	Circularity Indicators
14)	Opportunities and Challenges in Transitioning to a Circular Economy
15)	Final

Sources

Course Notes / Textbooks:	Henüz belirlenmedi/not determined
References:	henüz belirlenmedi/not determined

Course - Program Learning Outcome Relationship

Course Learning Outcomes	1	2	3	4	5	6
Program Outcomes
1) Has a broad and interdisciplinary perspective on international business and trade by the use of social sciences and mathematics,
2) Possess the knowledge and skills related to different functions and interactions of international business and trade.
3) Possess the knowledge and skills to interpret the data, concepts and ideas in the field of international business and trade with scientific and technological methods.
4) Use different theoretical approaches to understanding and solving various business and trade problems.
5) Explains the competitiveness of the countries with the requirements of international competition and interprets the functioning of the actors and regulatory structures in the international environment.
6) Understands the value of developing new trade projects and generating strategies within international market needs.
7) Solves complex business and global trade problems by using various statistical techniques and numerical methods and makes analyzes by using statistical programs effectively.
8) Uses a foreign language at the B1 General Level in terms of European Language Portfolio criteria according to the level of education.
9) Develops teamwork, negotiation, leadership and entrepreneurship skills.
10) Possess the knowledge of universal ethical values, social responsibility and sufficient legal and regulatory knowledge.
11) Develops positive attitudes related to lifelong learning and identifies individual learning needs and carries out studies to correct them.
12) Students will be able to communicate their ideas and solutions both written and orally, and present and publish them on both national and international platforms.
13) Uses information and communication technologies together with computer software at the advanced level of European Computer Using License required by the field.

Course - Learning Outcome Relationship

No Effect	1 Lowest	2 Average	3 Highest

	Program Outcomes	Level of Contribution
1)	Has a broad and interdisciplinary perspective on international business and trade by the use of social sciences and mathematics,
2)	Possess the knowledge and skills related to different functions and interactions of international business and trade.
3)	Possess the knowledge and skills to interpret the data, concepts and ideas in the field of international business and trade with scientific and technological methods.
4)	Use different theoretical approaches to understanding and solving various business and trade problems.
5)	Explains the competitiveness of the countries with the requirements of international competition and interprets the functioning of the actors and regulatory structures in the international environment.
6)	Understands the value of developing new trade projects and generating strategies within international market needs.
7)	Solves complex business and global trade problems by using various statistical techniques and numerical methods and makes analyzes by using statistical programs effectively.
8)	Uses a foreign language at the B1 General Level in terms of European Language Portfolio criteria according to the level of education.
9)	Develops teamwork, negotiation, leadership and entrepreneurship skills.
10)	Possess the knowledge of universal ethical values, social responsibility and sufficient legal and regulatory knowledge.
11)	Develops positive attitudes related to lifelong learning and identifies individual learning needs and carries out studies to correct them.
12)	Students will be able to communicate their ideas and solutions both written and orally, and present and publish them on both national and international platforms.
13)	Uses information and communication technologies together with computer software at the advanced level of European Computer Using License required by the field.

Assessment & Grading

Semester Requirements	Number of Activities	Level of Contribution
Presentation	1	% 25
Midterms	1	% 30
Final	1	% 45
total		% 100
PERCENTAGE OF SEMESTER WORK		% 55
PERCENTAGE OF FINAL WORK		% 45
total		% 100

Workload and ECTS Credit Calculation

Activities	Number of Activities	Workload
Course Hours	13	39
Study Hours Out of Class	8	24
Presentations / Seminar	10	20
Midterms	6	17
Final	4	14
Total Workload		114