UEC220 Economics in the Web3 Era: Navigating Decentralization, Blockchain, and the MetaverseInstitutional InformationDegree Programs Computer EngineeringInformation For StudentsDiploma SupplementErasmus Policy StatementNational Qualifications
Computer Engineering

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Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

Course General Introduction Information

Course Code: UEC220
Course Name: Economics in the Web3 Era: Navigating Decentralization, Blockchain, and the Metaverse
Course Semester: Fall
Course Credits:
ECTS
2
Language of instruction: TR
Course Requirement:
Does the Course Require Work Experience?: No
Type of course: University Ellective
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 : Dr.Öğr.Üyesi KORAY ALTINTAŞ
Course Lecturer(s): Koray Altıntaş
Course Assistants:

Course Purpose and Content

Course Objectives: Economics in the Web3 Era: Navigating Decentralization, Blockchain, and the Metaverse is an introductory course aims to provide participants with a profound understanding of the evolving economic landscape within the Web3 paradigm. Students will gain fundamental knowledge and skills essential for navigating the transformative forces of decentralization, blockchain technology, and the metaverse. Participants will explore the core principles of decentralization, gaining insights into how it reshapes traditional economic structures. By the end of the course, participants will not only grasp the theoretical underpinnings of Web3 economics but will also be well-prepared to navigate and contribute to the dynamic landscape of decentralized, blockchain-based economies.
Course Content: - Unraveling Blockchain: The Principals and key elements
- The Dynamics of Money: From Physical to Digital
- Money Unchained: Rise of Cryptocurrencies
- Decentralized Wonderland: Exploring DApps, Smart Contracts, and NFTs
- Beyond Reality: Navigating the Metaverse, Game Finance, and DAOs
- Economics in the Web3 Renaissance: Navigating the Evolution from Web1.0 to Web3.0

Learning Outcomes

The students who have succeeded in this course;
1) Understand the core principles and key elements of blockchain technology. Analyze the impact of blockchain on traditional systems and industries. Evaluate the security features inherent in blockchain architecture
2) Trace the historical dynamics of money from physical to digital forms. Examine the economic implications of the transition from physical to digital currencies. Assess the role of central banks in the digitization of money. Understand the concepts of inflation and deflation.
3) Explore the origins and key concepts behind the emergence of cryptocurrencies. Analyze the economic and social implications of a decentralized monetary system. Evaluate the challenges and opportunities posed by the rise of cryptocurrencies. Understand the concept of store of value.
4) Define and differentiate decentralized applications (DApps), smart contracts, and non-fungible tokens (NFTs). Explore use cases for DApps and smart contracts in various industries. Understand the unique characteristics and applications of NFTs in the digital economy. Define the concept of the metaverse and its components.
5) Explore the integration of virtual reality (VR) and augmented reality (AR) in the metaverse. Analyze the intersection of game finance and decentralized autonomous organizations (DAOs) in the metaverse. Define what WEB 1.0 and WEB 2.0. are. Explain what WEB 3.0 can be. Describe the economic dynamics of WEB 3.0

Course Flow Plan

Week Subject Related Preparation
1) Introduction
2) Core Properties and Working Principals of Blockchain; Peer-to-Peer Systems; Record Keeping with Blockchain
3) Introduction to the Concept of Money; Value of Money; Creation of Money; Digitalization of Money
4) Cryptocurrencies; Cryptography; Bitcoin; Concencus Mechanisms; Mining Economies; Halving Effect
5) The concept of Decentralized Applications; Features and Capabilities of Smart Contracts; Unique Properties of NFTs;
6) Introduction to Virtual Reality and Augmented Reality; The Concept of Metaverse; Metaverse Economics; Game Finance and DAOs
7) Characteristics of Web 1.0; Characteristics of Web 2.0; Characteristics of Web 3.0; Economics Dynamics of Web 3.0 era; Virtual Economics Triggers
8) Midterm
9) Presentations & Reports
10) Presentations & Reports
11) Presentations & Reports
12) Presentations & Reports
13) Presentations & Reports
14) Presentations & Reports

Sources

Course Notes / Textbooks:
References:

Course - Learning Outcome Relationship

No Effect 1 Lowest 2 Medium 3 Highest
       
Program Outcomes Level of Contribution
1) Adequate knowledge in mathematics, science and engineering subjects pertaining to the relevant discipline; ability to use theoretical and applied knowledge in these areas in complex engineering problems.
2) Ability to identify, formulate, and solve complex engineering problems; ability to select and apply proper analysis and modeling methods for this purpose.
3) Ability to design a complex system, process, device or product under realistic constraints and conditions, in such a way as to meet the desired result; ability to apply modern design methods for this purpose
4) Ability to devise, select, and use modern techniques and tools needed for analyzing and solving complex problems encountered in engineering practice; ability to employ information technologies effectively.
5) Ability to design and conduct experiments, gather data, analyze and interpret results for investigating complex engineering problems or discipline specific research questions.
6) Ability to work efficiently in intra-disciplinary and multi-disciplinary teams; ability to work individually.
7) Ability to communicate effectively in Turkish, both orally and in writing; knowledge of a minimum of one foreign language; ability to write effective reports and comprehend written reports, prepare design and production reports, make effective presentations, and give and receive clear and intelligible instructions.
8) Knowledge of the global and societal impacts of engineering practices on priority issues such as health, environment and safety and contemporary issues; knowledge of the legal aspects of engineering solutions. awareness of the consequences
9) Consciousness to behave according to ethical principles and professional and ethical responsibility; knowledge on standards used in engineering practice.
10) Information about business life practices such as project management, risk management, and change management; awareness of entrepreneurship, innovation, and knowledge about sustainable development.
11) Ability to design systems to meet desired needs
12) Ability to apply basic sciences in the field of computer engineering
13) Ability to implement designs by experiments
14) Recognition of the need for lifelong learning; ability to access information, to follow developments in science and technology, and to continue to educate him/herself.

Learning Activity and Teaching Methods

Anlatım
Course
Grup çalışması ve ödevi
Rapor Yazma

Measurement and Evaluation Methods and Criteria

Yazılı Sınav (Açık uçlu sorular, çoktan seçmeli, doğru yanlış, eşleştirme, boşluk doldurma, sıralama)
Sunum

Assessment & Grading

Semester Requirements Number of Activities Level of Contribution
Presentation 1 % 20
Midterms 1 % 20
Final 1 % 60
total % 100
PERCENTAGE OF SEMESTER WORK % 40
PERCENTAGE OF FINAL WORK % 60
total % 100

İş Yükü ve AKTS Kredisi Hesaplaması

Activities Number of Activities Aktiviteye Hazırlık Aktivitede Harçanan Süre Aktivite Gereksinimi İçin Süre Workload
Course Hours 7 2 14
Study Hours Out of Class 14 2 28
Presentations / Seminar 6 2 12
Total Workload 54