TÜRKÇE
ENGLISH
Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| POLITICAL SCIENCE AND INTERNATIONAL RELATIONS PR. (ENGLISH) | |
| Code | ECOS314 |
| Name | Macroeconomics |
| Term | 2020-2021 Academic Year |
| Semester | 6. 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 | E Elective |
| Mode of study | Uzaktan Öğretim |
| Catalog Information Coordinator | Prof.Dr. HÜSEYİN MAHİR FİSUNOĞLU |
| Course Instructor |
Doç. Dr. ERHAN İŞCAN
(Bahar)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
A deep understanding of basics of macroeconomics, understanding potential gdp (full employment gdp) and current gdp and policies toward potential gdp, the role ofiscal, monetary and foreign trade policies on full employment, the relationship between unempleyment- inflation.
Course Content
Basic macroecomic definations, basic economi systems and thoughts, gdp and its calculation, economic growth, unemployment, inflation, aggregate demand and aggregate supply, aggregate consumption, investment, fiscal and monetary policy, Philips curve analysis.
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | The importance of macroeconomics, understanding the relationship among economic growtg, inflation and unemployment. |
| LO02 | Understanding basic economic systems and thoughts. |
| LO03 | The importance of equilibrium and full employment/potential output. |
| LO04 | Economic policies (fiscal, monetary and foreign trade) toward equilibrium and full employment. |
| LO05 | Understanding the relationship between unemployment and inflation (The Phillips Curve Analysis) |
| LO06 | Understanding economic policies. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | General framework for macroeconomics. | Review of Introduction to Economics II. | |
| 2 | Gdp and its calculation. | Student should study before the lecture. | |
| 3 | Gdp and its calculation (continue) | Student should study before the lecture. | |
| 4 | Economic growth, unemployment and inflation. | Student should study before the lecture. | |
| 5 | Understanding equilibrium income, aggregate demand and aggregate supply. | Student should study before the lecture. | |
| 6 | Understanding equilibrium income, aggregate demand and aggregate supply (continue). | Student should study before the lecture. | |
| 7 | Understanding equilibrium income, aggregate demand and aggregate supply (continue). | Student should study before the lecture. | |
| 8 | Mid-Term Exam | Questions and answers. | |
| 9 | Fiscal policy. | Student should study before the lecture. | |
| 10 | Money, banking system and monetary policy. | Student should study before the lecture. | |
| 11 | Money, banking system and monetary policy (continue). | Student should study before the lecture. | |
| 12 | Foreign trade policies. | Student should study before the lecture. | |
| 13 | Three policies (fiscal, monetary and foreign trade) together. | Student should study before the lecture. | |
| 14 | The Phillips Curve Analysis. | Student should study before the lecture. | |
| 15 | general problems of macroeconomics. | Student should study before the lecture. | |
| 16 | Term Exams | Questions and answers. | |
| 17 | Term Exams | Questions and answers. |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| 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 | 5 | 70 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 10 | 10 |
| Final Exam | 1 | 10 | 10 |
| Total Workload (Hour) | 132 | ||
| Total Workload / 25 (h) | 5,28 | ||
| ECTS | 5 ECTS | ||