TÜRKÇE
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Information
| Code | ECOS314 |
| Name | Macroeconomics |
| Term | 2024-2025 Academic Year |
| Semester | 6. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Label | E Elective |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof.Dr. HÜSEYİN MAHİR FİSUNOĞLU |
| Course Instructor |
Dr. Öğr. Üyesi İpek TEKİN
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
A deep understanding of basics of macroeconomics, understanding potential gdp (full employment gdp) and current gdp and policies toward potential gdp, the role ofiscal, monetary and foreign trade policies on full employment, the relationship between unempleyment- inflation.
Course Content
Basic macroecomic definations, basic economi systems and thoughts, gdp and its calculation, economic growth, unemployment, inflation, aggregate demand and aggregate supply, aggregate consumption, investment, fiscal and monetary policy, Philips curve analysis.
Course Precondition
There are no prerequisites.
Resources
Mishkin, F. S. (2011). Macroeconomics: Policy and Practice (Pearson Series in Economics). Prentice Hall.
Notes
Preston, A. J., & Pagan, A. R. (2008). The theory of economic policy. Cambridge Books.
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | The importance of macroeconomics, understanding the relationship among economic growtg, inflation and unemployment. |
| LO02 | Understanding basic economic systems and thoughts. |
| LO03 | The importance of equilibrium and full employment/potential output. |
| LO04 | Economic policies (fiscal, monetary and foreign trade) toward equilibrium and full employment. |
| LO05 | Understanding the relationship between unemployment and inflation (The Phillips Curve Analysis) |
| LO06 | Understanding economic policies. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the basic concepts and theories within the disciplines of Political Science and International Relations. | |
| PLO02 | Bilgi - Kuramsal, Olgusal | Understands the methodologies used in the disciplines of Political Science and International Relations. | |
| PLO03 | Beceriler - Bilişsel, Uygulamalı | Gains the ability to follow, interpret and apply problem-solving techniques focused on problem solving in different social fields of international and national dimension. | 5 |
| PLO04 | Beceriler - Bilişsel, Uygulamalı | Questions traditional approaches, practices and methods, develop and apply new working methods when necessary. | |
| PLO05 | Beceriler - Bilişsel, Uygulamalı | Recognize/apply social, scientific and professional ethical values. | |
| PLO06 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Takes responsibility, leads and works effectively individually and/or in a team. | 5 |
| PLO07 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, follows the current developments in the field and improves himself/herself. | |
| PLO08 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | To be able to use Turkish and at least one foreign language in accordance with the requirements of academic life and business life. | 4 |
| PLO09 | Yetkinlikler - Alana Özgü Yetkinlik | Analyzes data related to social sciences. | |
| PLO10 | Yetkinlikler - Alana Özgü Yetkinlik | Define and analyze political, economic and social problems of international, regional and national context. | 5 |
| PLO11 | Yetkinlikler - Alana Özgü Yetkinlik | Gains critical thinking skills in the field of social sciences. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | General framework for macroeconomics. | Review of Introduction to Economics II. | Öğretim Yöntemleri: Anlatım |
| 2 | Gdp and its calculation. | Student should study before the lecture. | Öğretim Yöntemleri: Anlatım |
| 3 | Gdp and its calculation (continue) | Student should study before the lecture. | Öğretim Yöntemleri: Anlatım |
| 4 | Economic growth, unemployment and inflation. | Student should study before the lecture. | Öğretim Yöntemleri: Anlatım |
| 5 | Understanding equilibrium income, aggregate demand and aggregate supply. | Student should study before the lecture. | Öğretim Yöntemleri: Anlatım |
| 6 | Understanding equilibrium income, aggregate demand and aggregate supply (continue). | Student should study before the lecture. | Öğretim Yöntemleri: Anlatım |
| 7 | Understanding equilibrium income, aggregate demand and aggregate supply (continue). 3 | Student should study before the lecture. | Öğretim Yöntemleri: Anlatım |
| 8 | Mid-Term Exam | Questions and answers. | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Fiscal policy. | Student should study before the lecture. | Öğretim Yöntemleri: Anlatım |
| 10 | Money, banking system and monetary policy. | Student should study before the lecture. | Öğretim Yöntemleri: Anlatım |
| 11 | Money, banking system and monetary policy (continue). | Student should study before the lecture. | Öğretim Yöntemleri: Anlatım |
| 12 | Foreign trade policies. | Student should study before the lecture. | Öğretim Yöntemleri: Anlatım |
| 13 | Three policies (fiscal, monetary and foreign trade) together. | Student should study before the lecture. | Öğretim Yöntemleri: Anlatım |
| 14 | The Phillips Curve Analysis. | Student should study before the lecture. | Öğretim Yöntemleri: Anlatım |
| 15 | general problems of macroeconomics. | Student should study before the lecture. | Öğretim Yöntemleri: Anlatım |
| 16 | Term Exams | Questions and answers. | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | Questions and answers. | 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 | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 10 | 10 |
| Final Exam | 1 | 10 | 10 |
| Total Workload (Hour) | 132 | ||
| Total Workload / 25 (h) | 5,28 | ||
| ECTS | 5 ECTS | ||