İKT832 Advanced Macroeconomic Analysis

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

Information

Unit INSTITUTE OF SOCIAL SCIENCES
ECONOMICS (PhD)
Code İKT832
Name Advanced Macroeconomic Analysis
Term 2024-2025 Academic Year
Term Fall and Spring
Duration (T+A) 4-0 (T-A) (17 Week)
ECTS 8 ECTS
National Credit 4 National Credit
Teaching Language Türkçe
Level Doktora 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 aim of this course is, to improve the ability to make comment about and analysis on, modern macroeconomic topics by introducing the new trends in macroeconomic theory and policy and by explaining the micro foundations of macroeconomics.

Course Content

Monetary and finance policies, theories about economic crises, dynamics about macroeconomic variables affecting open macroeconomic system.

Course Precondition

There are no prerequisites for the course.

Resources

Obstfeld, Maurice, and Kenneth Rogoff (O&R), Foundations of International Macroeconomics Anwar Shaikh, Kapitalizm Rekabet, Çatışma, Bunalımlar. Barro, R.J. & X. Sala-i-Martin (2004) Economic Growth

Notes

Selected Articles


Course Learning Outcomes

Order Course Learning Outcomes
LO01 Mathematically explains Ramsey-Cass-Koopmans, Overlapping Generations (OLG) and Stochastic Growth Models.
LO02 Explains the sources and policy implications of economic fluctuations by examining the RBC and New Keynesian models at an advanced level.
LO03 Explains different macroeconomic models (e.g. IS-LM, AS-AD, growth and unemployment models).
LO04 Solves dynamic macroeconomic models.
LO05 Explains the short-term and long-term effects of various macroeconomic policy tools (fiscal, monetary, exchange rate policies).
LO06 Models how the macroeconomy will reach equilibrium in the short run and the long run.
LO07 Collects and analyzes macroeconomic data at national and international levels.
LO08 Apply mathematical methods (differential equations, optimization theory) and econometric techniques (panel data analysis, time series analysis) used in macroeconomic analysis.


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 5
PLO02 Bilgi - Kuramsal, Olgusal Conducts new research that contributes to science. 4
PLO03 Bilgi - Kuramsal, Olgusal Specifies the role of the market economy, the price advantage of the event. 5
PLO04 Bilgi - Kuramsal, Olgusal Specifies the role of the price advantage in market economy 4
PLO05 Bilgi - Kuramsal, Olgusal Faces with challenges, produces a numerical and policy options.
PLO06 Bilgi - Kuramsal, Olgusal Applies the methods of economic analysis. 4
PLO07 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. 5
PLO08 Bilgi - Kuramsal, Olgusal Has the knowledge of quantitative and qualitative techniques used in Economics.
PLO09 Yetkinlikler - Alana Özgü Yetkinlik Builds, decodes and interprets models by using quantitative and qualitative techniques 5
PLO10 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Takes responsibility individually and / or in a team,leads a team and works effectively
PLO11 Yetkinlikler - Öğrenme Yetkinliği With the awareness of the necessity of life-long learning, follows the latest developments about his field and improves himself
PLO12 Bilgi - Kuramsal, Olgusal Speaks Turkish, and at least one other foreign language in accordance with the requirements of academic and business life.
PLO13 Yetkinlikler - Alana Özgü Yetkinlik Recognize and apply social, scientific and professional ethical values. 5
PLO14 Yetkinlikler - İletişim ve Sosyal Yetkinlik Expresses himself/herself accurately, both orally and in writing.
PLO15 Beceriler - Bilişsel, Uygulamalı Publishes original studies in the field of economics in scientific journals. 4
PLO16 Beceriler - Bilişsel, Uygulamalı Knows where and how to find all scientific resources and data with information technologies to do research. 5
PLO17 Yetkinlikler - Alana Özgü Yetkinlik Understands the necessity and importance of research in social sciences. 4


Week Plan

Week Topic Preparation Methods
1 Turbulent Trends and Hidden Structures Reading and researching about selected topic. Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma
2 Micro Foundations and Macro Patterns Reading and researching about selected topic. Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma
3 Production and Costs Reading and researching about selected topic. Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma
4 Exchange, Money, and Price Reading and researching about selected topic. Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma
5 Capital and Profit Reading and researching about selected topic. Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma
6 The Theory of Real Competition Reading and researching about selected topic. Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma
7 Debates on Perfect and Imperfect Competition Reading and researching about selected topic. Öğretim Yöntemleri:
Anlatım, Tartışma, Soru-Cevap
8 Mid-Term Exam Exam Ölçme Yöntemleri:
Yazılı Sınav, Ödev
9 Competition, Finance, and Interest Rates Reading and researching about selected topic. Öğretim Yöntemleri:
Tartışma, Soru-Cevap, Anlatım
10 International Competition and the Theory of Exchange Rates Reading and researching about selected topic. Öğretim Yöntemleri:
Tartışma, Soru-Cevap, Anlatım
11 The Rise and Fall of Modern Macroeconomics Reading and researching about selected topic. Öğretim Yöntemleri:
Tartışma, Anlatım, Soru-Cevap
12 Classical Macro Dynamics Reading and researching about selected topic. Öğretim Yöntemleri:
Tartışma, Soru-Cevap, Anlatım
13 The Theory of Wages and Unemployment Reading and researching about selected topic. Öğretim Yöntemleri:
Tartışma, Soru-Cevap, Anlatım
14 Modern Money and Inflation Reading and researching about selected topic. Öğretim Yöntemleri:
Tartışma, Soru-Cevap, Anlatım
15 Growth, Profitability, and Recurrent Crises Reading and researching about selected topic. Öğretim Yöntemleri:
Tartışma, Soru-Cevap, Anlatım
16 Term Exams Presentation Ölçme Yöntemleri:
Yazılı Sınav
17 Term Exams Exam Ölçme Yöntemleri:
Yazılı Sınav


Student Workload - ECTS

Works Number Time (Hour) Workload (Hour)
Course Related Works
Class Time (Exam weeks are excluded) 14 4 56
Out of Class Study (Preliminary Work, Practice) 14 8 112
Assesment Related Works
Homeworks, Projects, Others 2 4 8
Mid-term Exams (Written, Oral, etc.) 1 12 12
Final Exam 1 24 24
Total Workload (Hour) 212
Total Workload / 25 (h) 8,48
ECTS 8 ECTS

Update Time: 03.03.2025 12:22