IKZ212 Macroeconomics II

5 ECTS - 3-0 Duration (T+A)- 4. Semester- 3 National Credit

Information

Code IKZ212
Name Macroeconomics II
Term 2024-2025 Academic Year
Semester 4. Semester
Duration (T+A) 3-0 (T-A) (17 Week)
ECTS 5 ECTS
National Credit 3 National Credit
Teaching Language Türkçe
Level Lisans Dersi
Type Normal
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Prof. Dr. MEHMET FATİH CİN
Course Instructor
1 2
Dr. Öğr. Üyesi ALMILA BURGAÇ ÇİL (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

Inflationary Gap, Deflationary Gap, General Price Level Adjustment and long run equilibrium, differences among the Basic Assumptions of Keynesian, Monetarist, New Classical and New Keynesian Theories, Aggregate Supply and Aggregate Demand Framework, Relevancy of active economic policies according to different theories. Structure of Labor Market and bargaining process, Types, determinants and consequences of unemployment and inflation, the relation between unemployment and inflation rates in the short-run and long-run: Phillips Curve Framework, The relation between Current National Income and inflation rate: Dynamic Aggregate Supply and Dynamic Aggregate Demand Framework, Political Business Cycle Models: Effect of political decisions on business cycles. Open Economy Macroeconomics: Balance of Payments, Current Account, and Capital Account

Course Precondition

Yok

Resources

Mehmet Fatih Cin, Makro İktisat Alternatif Görüşlerle Teori ve Uygulama

Notes

Erdal Ünsal, Makro İktisat


Course Learning Outcomes

Order Course Learning Outcomes
LO01 Be familiar with the inflationary gap, deflationary gap, inflation and long run equilibrium.
LO02 See differences among the Basic Assumtions of Keynesian, Monetarist, New Classical and New Keynesian Theories.
LO03 Analyze Aggregate Supply and Aggregate Demand Framework
LO04 Evaluate the relevancy of active economic policies according to different theories.
LO05 Evaluate the macroeconomics issues


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 Bilgi - Kuramsal, Olgusal Explains basic conceptual information about economy and finance 5
PLO02 Bilgi - Kuramsal, Olgusal interprets data from different sources using contemporary communication tools, methods and processes. 4
PLO03 Bilgi - Kuramsal, Olgusal Having basic computer knowledge and skills, she uses this knowledge in the professional field
PLO04 Bilgi - Kuramsal, Olgusal explain the duties and authorities of Public Financial Institutions.
PLO05 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Works effectively individually and/or in a team.
PLO06 Beceriler - Bilişsel, Uygulamalı Synthesizes and effectively presents the information obtained from different sources within the framework of academic rules in the field of research. 5
PLO07 Beceriler - Bilişsel, Uygulamalı Being aware of the necessity of lifelong learning, she follows the current developments in her field. 4
PLO08 Beceriler - Bilişsel, Uygulamalı Synthesizes the information obtained from different sources within the framework of academic rules. 4
PLO09 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Turkish and at least one foreign language is used in accordance with the needs of academic life and business life
PLO10 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği explain the job descriptions of professional people.
PLO11 Yetkinlikler - Öğrenme Yetkinliği Have social, scientific and ethical values. 4
PLO12 Yetkinlikler - Öğrenme Yetkinliği Apart from the traditional approach, it develops new working methods when it deems necessary.
PLO13 Yetkinlikler - İletişim ve Sosyal Yetkinlik Expresses herself orally and in writing


Week Plan

Week Topic Preparation Methods
1 Keynesian Macroeconomics And Long Term Equilibrium Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım
2 Monetarist Macroeconomics And Aggregate Supply Curve Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım
3 Monetarist Macroeconomics And Economic Policies Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım
4 New Classical Macroeconomics And Aggregate Supply Curve Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım
5 New Classical Macroeconomics And Irrelevancy Of Economic Policies Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım
6 New Keynesian Macroeconomics And Aggregate Supply Curve Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım
7 New Keynesian Macroeconomics And Economic Policies Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım
8 Mid-Term Exam prepare to exam Ölçme Yöntemleri:
Yazılı Sınav, Ödev
9 Inflation And Unemployment: Phillips Curve Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım
10 Keynesian Macroeconomics, Monetarist Macroeconomics, Phillips Curve And Economic Policies Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım
11 New Classical Macroeconomics, New Keynesian Macroeconomics, Phillips Curve And Economic Policies Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım
12 Dynamic Aggregate Supply-Dynamic Aggregate Demand Framework I Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım
13 Dynamic Aggregate Supply-Dynamic Aggregate Demand Framework II Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım
14 Democracy And Economy: Political Business Cycles Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım
15 Open Economy Macroeconomics Students will be prepared by studying relevant subjects from source books according to weekly program Öğretim Yöntemleri:
Anlatım
16 Review prepare to exam Öğretim Yöntemleri:
Anlatım
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

Update Time: 08.05.2024 10:49