TÜRKÇE
ENGLISH
Information
| Unit | INSTITUTE OF SOCIAL SCIENCES |
| ECONOMICS (MASTER) (WITHOUT THESIS) (EVENING EDUCATION) | |
| Code | EKO722 |
| Name | Principle of Economics 2 |
| Term | 2024-2025 Academic Year |
| Term | Spring |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 8 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Yüksek Lisans Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. MEHMET FATİH CİN |
| Course Instructor |
Prof. Dr. MEHMET FATİH CİN
(Bahar)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
The objective of this course is to teach students the basic concepts of macroeconomics, economic equilibrium, and growth. Students will learn about important macroeconomic indicators such as national income, unemployment, and inflation, and analyze the fiscal and monetary policies applied to achieve economic equilibrium. They will also examine economic equilibrium using the IS-LM model and the Phillips curve, and discuss the macroeconomic impact of international trade and exchange rate movements. This course aims to develop students' ability to perform macroeconomic analysis.
Course Content
Fundamentals of macroeconomics, national income and growth, unemployment and inflation, aggregate demand and aggregate supply, money supply and monetary policy, fiscal policy and government intervention, economic equilibrium, IS-LM model, Phillips curve, economic cycles and crises, international trade and balance of payments, exchange rates and the macroeconomic impact of foreign trade, economic growth theories, development economics, the relationship between unemployment and inflation, the effect of government intervention on the economy, macroeconomic stability and sustainable growth.
Course Precondition
There are no prerequisites for the course.
Resources
Zeynel Dinler, İktisada Giriş
Notes
Kemal Yıldırım, İktisada Giriş
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Analyze the profit maximization condition of firms operating in different market structures |
| LO02 | Explains the effects of the government's fiscal and monetary policies and efforts to ensure macroeconomic stability. |
| LO03 | Based on the theoretical relationship between unemployment and inflation, it explains the effects of these two factors on the economy. |
| LO04 | Explains the effects of international trade and exchange rates on macroeconomic growth and stability. |
| LO05 | Examines theories of economic growth and explains their relationship with economic cycles and crises. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explains the importance of demand and supply and the conditions of the market economy to work better | |
| PLO02 | Bilgi - Kuramsal, Olgusal | Specifies the role of the market economy, the price advantage of the event. | |
| PLO03 | Bilgi - Kuramsal, Olgusal | Specifies the role of the price advantage in market economy | 5 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Faces with challenges, produces a numerical and policy options. | 5 |
| PLO05 | Bilgi - Kuramsal, Olgusal | Applies the methods of economic analysis. | 5 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Acquires the ability of analyzing in the conceptual level ,compares interprets, evaluates and synthesizes ideas in order to develop solutions to the problems. | |
| PLO07 | Bilgi - Kuramsal, Olgusal | Uses the theory of economics in analyzing the economic events | 5 |
| PLO08 | Bilgi - Kuramsal, Olgusal | Explains economic issues such as determinants of economic growth, causes and costs of unemployment, globalization and economic interdependence of nations. | 3 |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Evaluates academic writings related to the field of economics. | 3 |
| PLO10 | Bilgi - Kuramsal, Olgusal | Takes responsibility individually and / or in a team,leads a team and works effectively | |
| PLO11 | Bilgi - Kuramsal, Olgusal | With the awareness of the necessity of life-long learning, follows the latest developments about his field and improves himself | |
| PLO12 | Yetkinlikler - Alana Özgü Yetkinlik | Recognize and apply social, scientific and professional ethical values. | 4 |
| PLO13 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Expresses himself/herself accurately, both orally and in writing. | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Introduction: Basic concepts in Macroeconomics | Relevant Chapter | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 2 | National Income and Economic Growth | Relevant Chapter | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 3 | Aggregate Demand and Aggregate Supply | Relevant Chapter | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 4 | Money Supply and Monetary Policy | Relevant Chapter | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 5 | e etkisi Hafta 6: İşsizlik ve Enflasyon | Relevant Chapter | Öğretim Yöntemleri: Anlatım |
| 6 | Unemployment and Inflation | Relevant Chapter | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 7 | The IS-LM Model | Relevant Chapter | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 8 | Mid-Term Exam | Relevant Chapters | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Economic Cycles and Crises | Relevant Chapter | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 10 | The Basics of International Trade | Relevant Chapter | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 11 | Foreign Trade and Balance of Payments | Relevant Chapter | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 12 | Exchange Rates and Their Macroeconomic Impact) | Relevant Chapter | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 13 | Economic Growth and Development | Relevant Chapter | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 14 | Macroeconomic Stability and Sustainable Growth | Relevant Chapter | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 15 | Macro Indicators of Turkish Economy | Relevant Chapter | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 16 | Term Exams | Relevant Chapters | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | Relevant Chapters | 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 | 9 | 126 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 1 | 2 | 2 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 9 | 9 |
| Final Exam | 1 | 18 | 18 |
| Total Workload (Hour) | 197 | ||
| Total Workload / 25 (h) | 7,88 | ||
| ECTS | 8 ECTS | ||