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
Explains Econometric concepts
X
2
Acquires basic Mathematics, Statistics and Operation Research concepts
X
3
Equipped with the foundations of Economics, and develops Economic models
X
4
Describes the necessary concepts of Business
X
5
Models problems with Mathematics, Statistics, and Econometrics
X
6
Estimates the model consistently and analyzes & interprets its results
X
7
Acquires the ability to analyze, benchmark, evaluate and interpret at conceptual levels to develop solutions to problems
X
8
Collects, edits, and analyzes data
X
9
Uses a package program of Econometrics, Statistics, and Operation Research
X
10
Effectively works, take responsibility, and the leadership individually or as a member of a team
X
11
Awareness towards life-long learning and follow-up of the new information and knowledge in the field of study
X
12
Develops the ability of using different resources in the form of academic rules, synthesis the information gathered, and effective presentation in an area which has not been studied
X
13
Uses Turkish and at least one other foreign language, academically and in the business context
X
14
Good understanding, interpretation, efficient written and oral expression of the people involved
X
15
Improves his/herself constantly by defining educational requirements considering interests and talents in scientific, cultural, art and social fields besides career development
X
16
Questions traditional approaches and their implementation while developing alternative study programs when required
X
17
Recognizes and implements social, scientific, and professional ethic values
X
18
Follows actuality, and interprets the data about economic and social events
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