COURSE INFORMATON
Course Title Code Semester L+P Hour Credits ECTS
Introduction to Economics II ECOZ   102 2 3 3 6

Prerequisites and co-requisites
Recommended Optional Programme Components None

Language of Instruction English
Course Level First Cycle Programmes (Bachelor's Degree)
Course Type
Course Coordinator Prof.Dr. Hüseyin Mahir FİSUNOĞLU
Instructors
Prof.Dr.HÜSEYİN MAHİR FİSUNOĞLU1. Öğretim Grup:A
 
Assistants
Goals
Introduction to Economics II deals with macroeconomics. Subjects such as national income accounting and its determination, aggregate demand and aggregate supply, equilibrium income, fiscal policy, monetary policy, money and banking, the price level, inflation, umemployment, growth and economic fluctuations will be seen.
Content
National income and its determination; changes in national income, elements of public finance, money and banking, international trade, macroeconomic policy, economic growth and development. Illustrations from the Turkish economy will be given.

Learning Outcomes
1) Understand basic economic relations, think critically and apply economic reasoning in daily life decison-making process and public decisions.
2) Understand GDP, its components (C, I, G, X,M), the relationship among them.
3) Understand growth, price indexes, inflation, unemployment, business cycles and interaction among them.
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Course's Contribution To Program
NoProgram Learning OutcomesContribution
12345
1
Explain the importance of demand and supply in economy sciece and the well-running conditions of the market economy
X
2
Define the role of pricing within the event advantage of the market economy
X
3
Define the role of the state in economy, money and financial policies, the central bank and the structure of the market
X
4
Perceive the costs and benefits arising from the global economy
X
5
Produce nymerical and policy options when confronted with problems
X
6
Use quantitative and qualitative techniques of model building, decoding and interpretation
X
7
Use the theory of economics in the analysis of economic events
X
8
Use computer programs, do synthesis and present prepared data efficiently
X
9
Apply the methods of economic analysis.
X
10
Analyze at conceptual level and aquire abiliy in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems
X
11
Take responsibility individually and/or in a team, take leadership and work effectively
X
12
Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself
X
13
Use of different sources about an unfamiliar field within academic principles, synthesize gained data and present effectively
X
14
Use Turkish and at least one foreign language in accordance with the requirements of academic and work life
X
15
Understand and interpret related peoples´ feelings, thoughts and behaviours correctly; express him-/herself accurately in written and oral language
X
16
Question traditional attitudes, applications and methods, develop and apply new methods when needed.
X
17
Recognize and apply social, scientific and professional ethical values.
X

Course Content
WeekTopicsStudy Materials _ocw_rs_drs_yontem
1 Introduction to Macroeconomics Lecture, problem session, and case studies Lecture
Homework
2 National income Lecture, problem session, and case studies Lecture
Homework
3 The main macroeconomic issues Lecture, problem session, and case studies Lecture
Homework
4 The main macroeconomic issues Lecture, problem session, and case studies Lecture
Homework
5 The main macroeconomic issues Lecture, problem session, and case studies Lecture
Homework
6 Determining the level of income and price Lecture, problem session, and case studies Lecture
Homework
7 Determination of the income level by total expenditures Lecture, problem session, and case studies Lecture
Homework
8 Mid-term week prepare to exam Testing
9 Public budget and fiscal policy Lecture, problem session, and case studies Lecture
Homework
10 Money and Banking Lecture, problem session, and case studies Lecture
Homework
11 Monetary Theory and Policy Lecture, problem session, and case studies Lecture
Homework
12 Inflation Lecture, problem session, and case studies Lecture
Homework
13 International Trade Lecture, problem session, and case studies Lecture
Homework
14 Current macroeconomic issues Lecture, problem session, and case studies Lecture
Homework
15 Revision Lecture, problem session, and case studies Lecture
Homework
16-17 Final exam prepare to exam Testing

Recommended or Required Reading
Textbook
Additional Resources