TÜRKÇE
ENGLISH
Information
| Code | ECOZ208 |
| Name | Macroeconomics |
| Term | 2022-2023 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 |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. MEHMET FATİH CİN |
| Course Instructor |
Doç. Dr. ERHAN İŞCAN
(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
Yok
Resources
Mehmet Fatih Cin, Makro İktisat Alternatif Görüşlerle Teori ve Uygulama
Notes
Erdal Ünsal, Makro İktisat
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Be familiar with the 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 |
| LO05 | Evaluate the macroeconomics issues |
| LO06 | Explain the inflation, growth and unemployment |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explaining business concepts and their interrelationships | 4 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Explaining the basic theoretical models, numerical and statistical methods of business management | 4 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Explaining the relationship between basic economics concepts and business management concepts | 5 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Explaining how to apply theoretical, numerical and statistical methods used in business management | |
| PLO05 | Bilgi - Kuramsal, Olgusal | Explaining how to interpret the results obtained as a result of the creation/application of theoretical, numerical and statistical methods used in business management | |
| PLO06 | Bilgi - Kuramsal, Olgusal | Applying business management methods by following the basic steps | |
| PLO07 | Bilgi - Kuramsal, Olgusal | Determine appropriate methods to solve business problems | 4 |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Evaluate the results that are obtained from applications of business management methods. | 5 |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Use basic numerical and statistical softwares. | |
| PLO10 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Use basic enterprise resource planning (ERP) softwares | |
| PLO11 | Yetkinlikler - Öğrenme Yetkinliği | Working effectively individually and/or in a team | |
| PLO12 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, constantly renewing itself by following the current developments in the field. | |
| PLO13 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Presenting information effectively in an unfamiliar field by using different sources within the framework of academic rules. | 5 |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Use Turkish and at least one foreign language in accordance with the prerequisities of academic and business context | |
| PLO15 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Accurately express the obtained information and comments verbally and in writing | |
| PLO16 | Yetkinlikler - Alana Özgü Yetkinlik | Applying new working methods when deemed necessary by questioning traditional approaches, practices and methods | 4 |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Acting in accordance with social, scientific and professional ethical values from an entrepreneurial perspective | |
| PLO18 | Yetkinlikler - Alana Özgü Yetkinlik | Determining the most appropriate business management approaches, practices and methods by considering the sector, size, resources, culture, goals and objectives of the enterprises. | 4 |
| PLO19 | Yetkinlikler - Alana Özgü Yetkinlik | Interpreting the effects of external environmental factors such as sector structure, competition, technology, economy, politics, culture, which affect the activities of businesses, on businesses. | 5 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | National Income Accounting | Course books and updated materials | Öğretim Yöntemleri: Anlatım |
| 2 | Income and Expenditures | Course books and updated materials | Öğretim Yöntemleri: Anlatım |
| 3 | IS-LM Model and Monetary-Fiscal Policy Implementations | Course books and updated materials | Öğretim Yöntemleri: Anlatım |
| 4 | Macroeconomics for Open Economy | Course books and updated materials | Öğretim Yöntemleri: Anlatım |
| 5 | Aggregate Demand and Supply I | Course books and updated materials | Öğretim Yöntemleri: Anlatım |
| 6 | Aggregate Demand and Supply II | Course books and updated materials | Öğretim Yöntemleri: Anlatım |
| 7 | Inflation-Unemployment | Course books and updated materials | Öğretim Yöntemleri: Anlatım |
| 8 | Mid-Term Exam | Exam | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Consumption and Saving | Course books and updated materials | Öğretim Yöntemleri: Anlatım |
| 10 | Investment | Course books and updated materials | Öğretim Yöntemleri: Anlatım |
| 11 | Money Demand | Course books and updated materials | Öğretim Yöntemleri: Anlatım |
| 12 | Public Finance | Course books and updated materials | Öğretim Yöntemleri: Anlatım |
| 13 | Fiscal Policy | Course books and updated materials | Öğretim Yöntemleri: Anlatım |
| 14 | Central Bank, Money and Credit | Course books and updated materials | Öğretim Yöntemleri: Anlatım |
| 15 | Stability Programs | Course books and updated materials | Öğretim Yöntemleri: Anlatım |
| 16 | Review | courses books and updated materials | Öğretim Yöntemleri: Anlatım |
| 17 | Term Exams | 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 | ||