ECOZ203 Macroeconomics I

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

Information

Code ECOZ203
Name Macroeconomics I
Term 2024-2025 Academic Year
Semester 3. Semester
Duration (T+A) 3-0 (T-A) (17 Week)
ECTS 7 ECTS
National Credit 3 National Credit
Teaching Language İngilizce
Level Lisans Dersi
Type Normal
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Prof. Dr. MEHMET FATİH CİN
Course Instructor Dr. Öğr. Üyesi İpek TEKİN (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

Definition of Macroeconomics, National Income Calculations, Relationship Between Income and Expenditure, Money, Interest and Income, Monetary and Fiscal Policies, International Connections and Open Macroeconomics, Aggregate Demand and Aggregate Supply, Wages, Prices and Employment, Rational Expectations, General Equilibrium Theory, Growth and Productivity in The Long Run

Course Precondition

The prerequisite for this course is completion of Introduction to Economics II.

Resources

Blanchard, Olivier. (2017). Macroeconomics. Seventh edition (or 8 th ed.). Pearson.

Notes

Froyen, Richard T. (2013). Macroeconomics: Theories and Policies. Mankiw, G. and Ball, L. (2019). Macroeconomics and The Financial System.


Course Learning Outcomes

Order Course Learning Outcomes
LO01 Give basic information about the current macro-economic issues and provide their understanding
LO02 Analyze why problems that macroeconomics try to solve are important
LO03 Introduce basic analytical tools of macroeconomics and to show how to use these tools
LO04 Be able to think analytically and explain it to third parties in an effective way
LO05 Explain the concepts of inflation, unemployment and growth.


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 4
PLO02 Bilgi - Kuramsal, Olgusal Define the role of pricing within the event advantage of the market economy 5
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 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. 4
PLO10 Bilgi - Kuramsal, Olgusal Analyze at conceptual level and aquire abiliy in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems
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
PLO13 Beceriler - Bilişsel, Uygulamalı Use of different sources about an unfamiliar field within academic principles, synthesize gained data and present effectively 4
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 4
PLO16 Yetkinlikler - Öğrenme Yetkinliği Question traditional approaches, practices and methods. 5
PLO17 Yetkinlikler - Öğrenme Yetkinliği Recognize and apply social, scientific and professional ethical values.


Week Plan

Week Topic Preparation Methods
1 Introduction to Macroeconomics Reading course book Öğretim Yöntemleri:
Anlatım
2 National Income Accounting Reading course book Öğretim Yöntemleri:
Anlatım
3 Income and Expenditures Reading course book Öğretim Yöntemleri:
Anlatım
4 Money, Interest Rate and Income Reading course book Öğretim Yöntemleri:
Anlatım
5 Monetary and Fiscal Policies Reading course book Öğretim Yöntemleri:
Anlatım
6 International Linkages Reading course book Öğretim Yöntemleri:
Anlatım
7 Aggregate Demand and Supply: Introduction Reading course book Öğretim Yöntemleri:
Anlatım
8 Mid-Term Exam prepare to exam Ölçme Yöntemleri:
Yazılı Sınav
9 Aggregate Supply: Wages, Prices and Employment Reading course book Öğretim Yöntemleri:
Anlatım
10 Rational Expectations Equilibrium Approach Reading course book Öğretim Yöntemleri:
Anlatım
11 Long-Term Growth and Productivity Reading course book Öğretim Yöntemleri:
Anlatım
12 Consumption Behaviors Reading course book Öğretim Yöntemleri:
Anlatım
13 Saving Behaviors Reading course book Öğretim Yöntemleri:
Anlatım
14 Investment Behavior Reading course book Öğretim Yöntemleri:
Anlatım
15 Review Reading course book Öğretim Yöntemleri:
Anlatım
16 Term Exams prepare to exam Ölçme Yöntemleri:
Yazılı Sınav
17 Term Exams-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 2 5 10
Mid-term Exams (Written, Oral, etc.) 1 18 18
Final Exam 1 30 30
Total Workload (Hour) 170
Total Workload / 25 (h) 6,80
ECTS 7 ECTS

Update Time: 07.05.2024 02:24