TÜRKÇE
ENGLISH
Information
Course Goal / Objective
Macro economics emphasizes a wide-ranging economy. It is about the functioning of the economy as a whole. Macroeconomics deals with the analysis of aggregates and deals with questions about the circulation of economic life, including national income, aggregate demand and supply, price change ratios, growth, unemployment and money.
Course Content
Definition and scope of macroeconomics. Measuring national income. Employment and unemployment. Determination of national income equilibrium level. Public sector and national income. Money supply and demand. Inflation analysis. Macroeconomic policies. Economic growth.
Course Precondition
There are no course prerequisites.
Resources
N. Gregory Mankiw- Macroeconomics
Notes
Advanced Macroeconomics (Mcgraw-hill Economics), David Romer (Fifth Edition)
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Provides an understanding of basic macroeconomic events and problems |
| LO02 | Analyzes why problems that macroeconomics try to solve are important |
| LO03 | Introduces basic analytical tools of macroeconomics and to show how to use these tools |
| LO04 | Determination of the national income equlibrium level level |
| LO05 | Analysis of inflation, unemployment and exchange rate relations is provided. |
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 | |
| PLO02 | Bilgi - Kuramsal, Olgusal | Define the role of pricing within the event advantage of the market economy. | 3 |
| 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 | 4 |
| 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. | 4 |
| 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. | 3 |
| 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. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Definition and scope of macroeconomics. | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 2 | Basic Macroeconomic Units and Relationships | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 3 | Economic Fluctuations: Growth, Inflation and Unemployment | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 4 | Measuring national income | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 5 | Employment and unemployment. | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 6 | Equilibrium in the Goods Market: The Simple Keynesian Model | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 7 | Consumption and Investment Theories | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 8 | Mid-Term Exam | prepare to exam | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | IS-LM Model | reading | Öğretim Yöntemleri: Anlatım |
| 10 | IS-LM Model: Fiscal and Monetary Policies | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 11 | Analysis of aggregate demand and aggregate supply | reading | Öğretim Yöntemleri: Anlatım |
| 12 | Open Economy: IS-LM-BP Model | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 13 | Monetary Theory | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 14 | Economic Growth and Development | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 15 | Balance of Payments | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 16 | Term Exams | prepare to exam | Öğretim Yöntemleri: Soru-Cevap |
| 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 | 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 | ||