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Information
| Code | IKZ102 |
| Name | Introduction to Economics II |
| Term | 2024-2025 Academic Year |
| Semester | 2. 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 |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. HARUN BAL |
| Course Instructor |
1 2 Doç. Dr. SANLI ATEŞ (B Group) (Ins. in Charge) |
Course Goal / Objective
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
There are no course prerequisites.
Resources
Principles of Economics - Gregory Mankiw
Notes
Principles of Economics- Karl E. Case, Sharon E. Oster, Ray C. Fair
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 | Gains to ability to analyze the macroeconomic events. |
| LO05 | Understands the reasons of economic crises. |
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. | 3 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Perceive the costs and benefits arising from the global economy | |
| PLO05 | Bilgi - Kuramsal, Olgusal | Produce numerical and policy options when confronted with problems. | 4 |
| 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. | 5 |
| 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. | |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Recognize and apply social, scientific and professional ethical values. |
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 | Lecture, problem session, and case studies | Öğretim Yöntemleri: Anlatım |
| 4 | Economics in the long run: the classic model | Lecture, problem session, and case studies | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 5 | Economic growth | 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 week | prepare to exam | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Final week-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 | 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 | ||