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Information
| Code | ECOS401 |
| Name | Macroeconomics III |
| Semester | 7. 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 |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Dr. Öğr. Üyesi MUSTAFA ILDIRAR |
Course Goal
Macro economy, large-scale economics. It's about the economy as a whole. Macro The economy deals with the analysis of aggregate sizes and makes analyzes on the whole of the economy together with national income, aggregate demand and supply, price change rate, growth, unemployment and money
Course Content
Definition and scope of macroeconomics. Measuring milligrams. Employment and unemployment. The Milligelir equilibrium level determination. The public sector and millions. Money supply request. Inflation analysis. Macroeconomic policies. Economic growth
Course Precondition
There are no prerequisites.
Resources
Modern macroeconomics: its origins, development and current state- B Snowdon, HR Vane
Notes
Macroeconomics- N. Gregory Mankiw
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Introduces the basic analytical tools of macroeconomics and shows how these tools are used. |
| LO02 | Learns the differences among the Basic Assumtions of Keynesian, Monetarist, New Classical and New Keynesian Theories |
| LO03 | Comprehends Aggregate Supply and Aggregate Demand Framework |
| LO04 | Analyzes the relationships of macroeconomic variables such as inflation, unemployment and exchange rate. |
| LO05 | Evaluates the conformity of economic policies to different theories. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the importance of demand and supply in economy sciece and the well-running conditions of the market economy | 4 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Define the role of pricing within the event advantage of the market economy | 4 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Define the role of the state in economy, money and financial policies, the central bank and the structure of the market | 5 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Perceive the costs and benefits arising from the global economy | |
| PLO05 | Bilgi - Kuramsal, Olgusal | Produce nymerical and policy options when confronted with problems | 4 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Use quantitative and qualitative techniques of model building, decoding and interpretation | 3 |
| PLO07 | Bilgi - Kuramsal, Olgusal | Use the theory of economics in the analysis of economic events | 3 |
| PLO08 | Bilgi - Kuramsal, Olgusal | Use computer programs, do synthesis and present prepared data efficiently | |
| PLO09 | Bilgi - Kuramsal, Olgusal | Apply the methods of economic analysis. | 3 |
| PLO10 | Bilgi - Kuramsal, Olgusal | Analyze at conceptual level and aquire abiliy in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems | 2 |
| PLO11 | Bilgi - Kuramsal, Olgusal | Take responsibility individually and/or in a team, take leadership and work effectively | |
| PLO12 | Beceriler - Bilişsel, Uygulamalı | Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself | |
| PLO13 | Beceriler - Bilişsel, Uygulamalı | Use of different sources about an unfamiliar field within academic principles, synthesize gained data and present effectively | |
| PLO14 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Use Turkish and at least one foreign language in accordance with the requirements of academic and work life | |
| PLO15 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Understand and interpret related peoples´ feelings, thoughts and behaviours correctly; express him-/herself accurately in written and oral language | 1 |
| PLO16 | Yetkinlikler - Öğrenme Yetkinliği | Question traditional approaches, practices and methods. | |
| PLO17 | Yetkinlikler - Öğrenme Yetkinliği | Recognize and apply social, scientific and professional ethical values. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Understanding modern macroeconomics | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 2 | Keynes and the birth of macroeconomics | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 3 | Keynes v. the ‘old’ classical model | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 4 | The orthodox Keynesian school | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 5 | The orthodox monetarist school | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 6 | The new classical school | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 7 | The real business cycle | reading | Öğretim Yöntemleri: Anlatım |
| 8 | Mid-Term Exam | prepare to exam | Öğretim Yöntemleri: Soru-Cevap |
| 9 | The new Keynesian schoo | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 10 | The Post Keynesian school | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 11 | The Austrian school | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 12 | The new political macroeconomics | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 13 | The renaissance of economic growth research | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 14 | International Macroeconomics | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 15 | Conclusions and reflections | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 16 | Term Exams | prepare to exam | Öğretim Yöntemleri: Soru-Cevap |
| 17 | Term Exams-2 | prepare to exam | Ölçme Yöntemleri: Yazılı Sınav |
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 | ||