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

Preview

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) Sufficient knowledge in mathematics, science and software engineering discipline-specific topics; the theoretical and practical knowledge in these areas, the ability to use in complex engineering problems.
2) The ability to identify, formulate, and solve complex engineering problems; selecting and applying appropriate analysis and modelling methods for this purpose.
3) The ability to design a complex system, process, device or product under realistic constraints and conditions to meet specific requirements; the ability to apply modern design methods for this purpose.
4) Ability to develop, select and use modern techniques and tools necessary for analysis and solution of complex problems in engineering applications; ability to use information technologies effectively.
5) Ability to design experiments, conduct experiments, collect data, analyse and interpret the results of complex engineering problems or discipline-specific research topics.
6) Disiplin içi ve çok disiplinli takımlarda etkin biçimde çalışabilme becerisi; bireysel çalışma becerisi.
7) Awareness of the need for lifelong learning; access to knowledge, ability to follow developments in science and technology, and constant self-renewal.
8) Effective communication skills in Turkish oral and written communication; at least one foreign language knowledge; ability to write effective reports and understand written reports, to prepare design and production reports, to make effective presentations, to give clear and understandable instructions and to receive.
9) Conformity to ethical principles, professional and ethical responsibility; Information on standards used in engineering applications.
10) Information on practices in business, such as project management, risk management and change management; awareness about entrepreneurship, innovation; information on sustainable development.
11) Information on the effects of engineering applications on health, environment, and safety in universal and social dimensions, and on the problems of the modern age in engineering; awareness of the legal consequences of engineering solutions.
12) Adequate skills in the analysis, design, verification, evaluation, implementation, implementation, and maintenance of software systems

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