TÜRKÇE
ENGLISH
Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| BUSINESS ADMINISTRATION PR. (ENGLISH) | |
| Code | ECOZ208 |
| Name | Macroeconomics |
| Term | 2019-2020 Academic Year |
| Semester | 4. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. MEHMET FATİH CİN |
| Course Instructor |
Doç. Dr. ERHAN İŞCAN
(Bahar)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
The aim of this course is, in short, to explain macro-economic problems such as unemployment, inflation, price level, economic stability and growth and their solutions.
Course Content
Definition of Macroeconomics, National Income Calculations, Relationship Between Income and Expenditure, Money, Interest and Income, Monetary and Fiscal Policies, International Connections and Open Macroeconomics, Aggregate Demand and Aggregate Supply, Wages, Prices and Employment, Rational Expectations, General Equilibrium Theory, Growth and Productivity in The Long Run
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Give basic information about the current macro-economic issues and provide their understanding |
| LO02 | Analyze why problems that macroeconomics try to solve are important |
| LO03 | Introduce basic analytical tools of macroeconomics and to show how to use these tools |
| LO04 | Be able to think analytically and explain it to third parties in an effective way |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | - | List and define the concepts of business management, and explain their relation to each other | 5 |
| PLO02 | - | List and define the fundamental conceptual models, numerical and statistical techniques of business administartion; identify their advantages and disadvantages | 5 |
| PLO03 | - | List and define the relationship between the basic concepts of economy and business management; indicates strong and weak sides of each method. | 4 |
| PLO04 | - | Explain how to create the fundamental conceptual models, and how to apply numerical and statistical techniques that are used in business administration | 3 |
| PLO05 | - | Explain how to create the fundamental conceptual models and how to apply numerical and statistical techniques that are used in business administration. | 3 |
| PLO06 | - | Follow the basic steps of business management methods and apply them | 3 |
| PLO07 | - | Determine appropriate methods to solve business problems | 3 |
| PLO08 | - | Evaluate the results that are obtained from applications of business management methods. | 3 |
| PLO09 | - | Use basic numerical and statistical softwares. | 3 |
| PLO10 | - | Use basic enterprise resource planning (ERP) softwares | 3 |
| PLO11 | - | Take initiative individually or/and as a member of a team, lead and work effectively | 3 |
| PLO12 | - | Follow the latest developments in the field, and sustain personal and professional development with the awareness of the necessity of lifelong learning | 3 |
| PLO13 | - | Use different resources in accordance with academic principles, synthesize the data gathered, and present them effectively in an unfamiliar field | 3 |
| PLO14 | - | Use different resources in accordance with academic principles, synthesize the data gathered, and present them effectively in an unfamiliar field | 3 |
| PLO15 | - | Use Turkish and at least one foreign language in accordance with the prerequisities of academic and business context | 3 |
| PLO16 | - | Perceive and interpret feelings, ideas and behaviours of people appropriately, and express himself/herself accurately in written or oral form | 3 |
| PLO17 | - | Question traditional approaches, methods and implementations; develop and implement alternative methods when required | 4 |
| PLO18 | - | Recognize and apply social, scientific and professional ethical values. | 4 |
| PLO19 | - | Determine the most appropriate approaches, implementations and methods of business management considering sectors, their sizes, resources, cultures, goals and objectives. | 4 |
| PLO20 | - | Monitor external factors such as industrial structures, competition, technologies, economics, politics, cultures that affect the activities of businesses and interpret their impact on businesses. | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | National Income Accounting | Course books and updated materials | |
| 2 | Income and Expenditures | Course books and updated materials | |
| 3 | IS-LM Model and Monetary-Fiscal Policy Implementations | Course books and updated materials | |
| 4 | Macroeconomics for Open Economy | Course books and updated materials | |
| 5 | Aggregate Demand and Supply | Course books and updated materials | |
| 6 | Aggregate Demand and Supply | Course books and updated materials | |
| 7 | Inflation-Unemployment | Course books and updated materials | |
| 8 | Mid-Term Exam | Exam | |
| 9 | Consumption and Saving | Course books and updated materials | |
| 10 | Investment | Course books and updated materials | |
| 11 | Money Demand | Course books and updated materials | |
| 12 | Public Finance | Course books and updated materials | |
| 13 | Fiscal Policy | Course books and updated materials | |
| 14 | Central Bank, Money and Credit | Course books and updated materials | |
| 15 | Stability Programs | Course books and updated materials | |
| 16 | Term Exams | Exam | |
| 17 | Term Exams | Exam |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Homework | 100 | 20 |
| General Assessment | ||
| Midterm / Year Total | 100 | 20 |
| 1. Final Exam | - | 80 |
| Grand Total | - | 100 |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 3 | 42 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 12 | 12 |
| Final Exam | 1 | 18 | 18 |
| Total Workload (Hour) | 114 | ||
| Total Workload / 25 (h) | 4,56 | ||
| ECTS | 5 ECTS | ||