Istanbul Health and Technology University INFORMATION PACKAGE / COURSE CATALOGUE
| Mechanical Engineering | |||||
| 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: | Spring | ||||
| Course Credits: |
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| Language of instruction: | TR | ||||
| Course Requirement: | |||||
| Does the Course Require Work Experience?: | No | ||||
| Type of course: | University Ellective | ||||
| Course Level: |
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| 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
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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) | Ability to utilize advanced theoretical and applied knowledge in the field. | |
| 2) | Using the advanced knowledge and skills acquired in the field, being able to interpret and evaluate data, identify problems, analyze them, and develop solution proposals based on research and evidence. | |
| 3) | Being able to organize and implement projects and activities for the social environment in which one lives with a sense of social responsibility. | |
| 4) | Being able to follow information in one foreign language at least at the European Language Portfolio B1 General Level and communicate with colleagues in the field. | |
| 5) | Ability to use information and communication technologies together with at least European Computer Driving License Advanced Level computer software, as required by the field. | |
| 6) | Being able to evaluate advanced knowledge and skills in the field critically. | |
| 7) | Identifying learning needs and being able to direct learning. | |
| 8) | Developing a positive attitude towards lifelong learning. | |
| 9) | Acting in accordance with social, scientific, cultural, and ethical values in the stages of collecting, interpreting, applying, and announcing the results related to the field. | |
| 10) | Having sufficient awareness about the universality of social rights, social justice, quality culture, preservation of cultural values, as well as environmental protection, occupational health, and safety. | |
| 11) | Being able to conduct an advanced study independently in the field. | |
| 12) | To take responsibility individually and as a team member to solve complex problems encountered in the field of application, which are unforeseen. | |
| 13) | Being able to plan and manage activities for the development of those under their responsibility within the framework of a project. | |
| 14) | Possess advanced level theoretical and practical knowledge supported by textbooks with updated information, practice equipments and other resources. | |
| 15) | Being able to inform relevant individuals and institutions about the field; expressing their thoughts and solution proposals for problems both in written and verbal form. | |
| 16) | Being able to share your thoughts and solutions regarding subjects related to the field with both experts and non-experts, supported by quantitative and qualitative data. |
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 | ||||||