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
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 İngilizce
Level Lisans Dersi
Type Normal
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Dr. Öğr. Üyesi İpek TEKİN
Course Instructor
1 2
Dr. Öğr. Üyesi İpek TEKİN (A 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

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 the gross domestic product, its components, measurement approaches, their constituent elements and their purposes.
LO03 Comprehends aggregate supply and demand analysis.
LO04 Understand the importance of economic growth.
LO05 Defines basic macroeconomic problems such as inflation and unemployment, comprehends measurement methods.


Relation with Program Learning Outcome

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


Week Plan

Week Topic Preparation Methods
1 Introduction to Macroeconomics Lecture, problem session, and case studies Öğretim Yöntemleri:
Anlatım
2 GDP, Main Concepts and Approaches Lecture, problem session, and case studies Öğretim Yöntemleri:
Anlatım
3 National Income Accounts Lecture, problem session, and case studies Öğretim Yöntemleri:
Anlatım, Soru-Cevap
4 The main macroeconomic issues: Inflation Lecture, problem session, and case studies Öğretim Yöntemleri:
Anlatım, Tartışma
5 The main macroeconomic issues: Unemployment 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 Theoretical Revision Reading textbooks and course materials. Öğretim Yöntemleri:
Anlatım, Tartışma, Soru-Cevap
16 Revision (Applications) Doing end-of-chapter questions. Öğretim Yöntemleri:
Soru-Cevap, Alıştırma ve Uygulama
17 Final exam Preparation 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 5 5 25
Mid-term Exams (Written, Oral, etc.) 1 10 10
Final Exam 1 15 15
Total Workload (Hour) 162
Total Workload / 25 (h) 6,48
ECTS 6 ECTS

Update Time: 07.05.2024 02:24