ECOZ102 Introduction to Economics II

6 ECTS - 3-0 Duration (T+A)- 2. Semester- 3 National Credit

Information

Code ECOZ102
Name Introduction to Economics II
Semester 2. Semester
Duration (T+A) 3-0 (T-A) (17 Week)
ECTS 6 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 İpek TEKİN


Course Goal

Introduction to Economics II deals with macroeconomics. Subjects such as national income accounting and its determination, aggregate demand and aggregate supply, equilibrium income, fiscal policy, monetary policy, money and banking, the price level, inflation, umemployment, growth and economic fluctuations will be seen.

Course Content

National income and its determination; changes in national income, elements of public finance, money and banking, international trade, macroeconomic policy, economic growth and development. Illustrations from the Turkish economy will be given.

Course Precondition

The course has no prerequisites.

Resources

Case, Karl E.; Fair, Ray C. and Oster, Sharon M. (2020). Principles of Economics, Thirteenth (Global) Edition, Pearson Education.

Notes

Parkin, Michael (2016). Economics, Twelfth or Thirteenth (Global) edition, Pearson Education.


Course Learning Outcomes

Order Course Learning Outcomes
LO01 Understand basic economic relations, think critically and apply economic reasoning in daily life decison-making process and public decisions.
LO02 Understand GDP, its components (C, I, G, X,M), the relationship among them.
LO03 Understand growth, price indexes, inflation, unemployment, business cycles and interaction among them.
LO04 Defines basic macroeconomic problems such as inflation and unemployment, comprehends measurement methods.
LO05 Understands the importance of economic growth.


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 Bilgi - Kuramsal, Olgusal Has the conceptual and theoretical competence to explain the phenomena in the disciplines of Political Science and International Relations. 5
PLO02 Bilgi - Kuramsal, Olgusal Identifies the international and national issues by methodologies used in the disciplines of Political Science and International Relations; chooses the appropriate analysis techniques across the issues and applies the appropriate empirical studies.
PLO03 Bilgi - Kuramsal, Olgusal Becomes skilful at following and interpreting different social areas in international and national levels and also applies the problem-solving oriented practices.
PLO04 Bilgi - Kuramsal, Olgusal Collects, reviews and analyzes the data obtained which necessary for modelling applications in the Social Science.
PLO05 Bilgi - Kuramsal, Olgusal Individually and/or in a team, takes responsibility, leadership, and works effectively.
PLO06 Beceriler - Bilişsel, Uygulamalı In recognition of the need for lifelong learning, follows the latest developments in the field and improves himself/herself. 5
PLO07 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Uses Turkish, and at least one more foreign language, in accordance with the requirements of academic and work life. 5
PLO08 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Understands and interprets the feelings, thoughts and behaviors of related persons correctly; and expresses himself/herself in written and oral forms accurately.
PLO09 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Improves his/herself constantly by defining educational requirements considering interests and talents in scientific, cultural, art and social fields besides career development. 5
PLO10 Yetkinlikler - Öğrenme Yetkinliği Questions traditional approaches, practices and methods; and develops and applies new study methods if necessary.
PLO11 Yetkinlikler - Öğrenme Yetkinliği Recognizes and implements social, scientific and professional ethical values.
PLO12 Yetkinlikler - Öğrenme Yetkinliği Develops skills of defining and analyzing the international, regional and national oriented issues, producing appropriate conflict-resolution techniques and negotiation skills.
PLO13 Yetkinlikler - Öğrenme Yetkinliği Develops critical thinking skills. 5


Week Plan

Week Topic Preparation Methods
1 Introduction to Macroeconomics Lecture, problem session, and case studies Öğretim Yöntemleri:
Anlatım
2 National income Lecture, problem session, and case studies Öğretim Yöntemleri:
Anlatım
3 The main macroeconomic issues -1 Lecture, problem session, and case studies Öğretim Yöntemleri:
Anlatım
4 The main macroeconomic issues -2 Lecture, problem session, and case studies Öğretim Yöntemleri:
Anlatım
5 The main macroeconomic issues - 3 Lecture, problem session, and case studies Öğretim Yöntemleri:
Anlatım
6 Determining the level of income and price Lecture, problem session, and case studies Öğretim Yöntemleri:
Anlatım
7 Determination of the income level by total expenditures Lecture, problem session, and case studies Öğretim Yöntemleri:
Anlatım
8 Mid-term week prepare to exam Ölçme Yöntemleri:
Yazılı Sınav
9 Public budget and fiscal policy Lecture, problem session, and case studies Öğretim Yöntemleri:
Anlatım
10 Money and Banking Lecture, problem session, and case studies Öğretim Yöntemleri:
Anlatım
11 Monetary Theory and Policy Lecture, problem session, and case studies Öğretim Yöntemleri:
Anlatım
12 Inflation Lecture, problem session, and case studies Öğretim Yöntemleri:
Anlatım
13 International Trade Lecture, problem session, and case studies Öğretim Yöntemleri:
Anlatım
14 Current macroeconomic issues Lecture, problem session, and case studies Öğretim Yöntemleri:
Anlatım
15 Revision Lecture, problem session, and case studies Öğretim Yöntemleri:
Anlatım
16 Final exam prepare to exam Ölçme Yöntemleri:
Yazılı Sınav
17 Term paper Preparation for the term paper presentation Ölçme Yöntemleri:
Sözlü 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