IKZ204 Macroeconomics II

6 ECTS - 3-0 Duration (T+A)- 4. Semester- 3 National Credit

Information

Code IKZ204
Name Macroeconomics II
Term 2023-2024 Academic Year
Semester 4. Semester
Duration (T+A) 3-0 (T-A) (17 Week)
ECTS 6 ECTS
National Credit 3 National Credit
Teaching Language Türkçe
Level Lisans Dersi
Type Normal
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Prof. Dr. MEHMET FATİH CİN
Course Instructor Dr. Öğr. Üyesi ALMILA BURGAÇ ÇİL (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

Inflationary Gap, Deflationary Gap, General Price Level Adjustment and long run equilibrium, differences among the Basic Assumptions of Keynesian, Monetarist, New Classical and New Keynesian Theories, Aggregate Supply and Aggregate Demand Framework, Relevancy of active economic policies according to different theories. Structure of Labor Market and bargaining process, Types, determinants and consequences of unemployment and inflation, The relation between unemployment and inflation rates in the short-run and long-run: Phillips Curve Framework, The relation between Current National Income and inflation rate: Dynamic Aggregate Supply and Dynamic Aggregate Demand Framework, Political Business Cycle Models: Effect of political decisions on business cycles. Open Economy Macroeconomics: Balance of Payments, Current Account, and Capital Account

Course Precondition

There are no course prerequisites.

Resources

Mehmet Fatih Cin- Makro İktisat Alternatif Görüşlerle Teori ve Uygulama

Notes

N. Gregory Mankiw- Macroeconomics


Course Learning Outcomes

Order Course Learning Outcomes
LO01 explain inflationary gap, deflationary gap, enflasyon and long run equilibrium.
LO02 Be familier with the differences among the Basic Assumtions of Keynesian, Monetarist, New Classical and New Keynesian Theories.
LO03 Analyze Aggregate Supply and Aggregate Demand Framework
LO04 Evaluate the relevancy of active economic policies according to different theories.
LO05 Explain the macroeconomics issues


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 Bilgi - Kuramsal, Olgusal Explain the importance of demand and supply in economy science 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 5
PLO05 Bilgi - Kuramsal, Olgusal Produce numerical and policy options when confronted with problems. 5
PLO06 Bilgi - Kuramsal, Olgusal Use quantitative and qualitative techniques of model building, decoding and interpretation.
PLO07 Beceriler - Bilişsel, Uygulamalı Use the theory of economics in the analysis of economic events. 5
PLO08 Beceriler - Bilişsel, Uygulamalı Use computer programs, do synthesis and present prepared data efficiently.
PLO09 Beceriler - Bilişsel, Uygulamalı Apply the methods of economic analysis. 4
PLO10 Bilgi - Kuramsal, Olgusal Analyze at conceptual level and acquires ability in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems 5
PLO11 Beceriler - Bilişsel, Uygulamalı Use of different sources about an unfamiliar field within academic principles, synthesize gained data and presents effectively. 4
PLO12 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Take responsibility individually and / or in a team, take leadership and work effectively.
PLO13 Yetkinlikler - Öğrenme Yetkinliği Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself..
PLO14 Yetkinlikler - İletişim ve Sosyal Yetkinlik Use Turkish and at least one foreign language in accordance with the requirements of academic and work life.
PLO15 Yetkinlikler - İletişim ve Sosyal Yetkinlik Understand and interpret related people´s feelings, thoughts, and behaviours correctly; expresse him-/herself accurately in written and oral language.
PLO16 Yetkinlikler - Alana Özgü Yetkinlik Question traditional approaches, practices and methods. 4
PLO17 Yetkinlikler - Alana Özgü Yetkinlik Recognize and apply social, scientific and professional ethical values. 4


Week Plan

Week Topic Preparation Methods
1 Keynesian Macroeconomics And Long Term Equilibrium Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım, Tartışma
2 Monetarist Macroeconomics And Aggregate Supply Curve Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım, Tartışma
3 Monetarist Macroeconomics And Economic Policies Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım, Tartışma
4 New Classical Macroeconomics And Aggregate Supply Curve Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım, Tartışma
5 New Classical Macroeconomics And Irrelevancy Of Economic Policies Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım, Tartışma
6 New Keynesian Macroeconomics And Aggregate Supply Curve Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım, Tartışma
7 New Keynesian Macroeconomics And Economic Policies Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım, Tartışma
8 Mid-Term Exam prepare to exam Ölçme Yöntemleri:
Yazılı Sınav
9 Inflation And Unemployment: Phillips Curve Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım, Tartışma
10 Keynesian Macroeconomics, Monetarist Macroeconomics, Phillips Curve And Economic Policies Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım, Tartışma
11 New Classical Macroeconomics, New Keynesian Macroeconomics, Phillips Curve And Economic Policies Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım, Tartışma
12 Dynamic Aggregate Supply-Dynamic Aggregate Demand Framework I Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım, Tartışma
13 Dynamic Aggregate Supply-Dynamic Aggregate Demand Framework II Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım, Tartışma
14 Democracy And Economy: Political Business Cycles Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım, Tartışma
15 Open Economy Macroeconomics Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım, Tartışma
16 Review prepare to exam Öğretim Yöntemleri:
Anlatım
17 Term Exams 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 5 70
Assesment Related Works
Homeworks, Projects, Others 0 0 0
Mid-term Exams (Written, Oral, etc.) 1 15 15
Final Exam 1 30 30
Total Workload (Hour) 157
Total Workload / 25 (h) 6,28
ECTS 6 ECTS

Update Time: 04.05.2023 08:35