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  Course Description
Course Name : Introduction To Economics 2

Course Code : EAS102

Course Type : Compulsory

Level of Course : First Cycle

Year of Study : 1

Course Semester : Spring (16 Weeks)

ECTS : 4

Name of Lecturer(s) : Assoc.Prof.Dr. M.FATİH CİN
Prof.Dr. NEJAT ERK
Prof.Dr. HÜSEYİN MAHİR FİSUNOĞLU
Asst.Prof.Dr. ERHAN İŞCAN

Learning Outcomes of the Course : Having completed Introduction to Economics I and II, the students are expected to have a broad understanding of basic economic relations, able to think critically and apply economic reasoning in daily life decison-making process and public decisions.
The students are expected to have a broad understandings of GDP, its components (C, I, G, X,M), the relationship among them.
A broad understanding of growth, price indexes, inflation, unemployment, business cycles and interaction among them.
The students are expected to have a broad understanding of money, banking, monetary policy, and fiscal policy; the roles of money supply and demand for money, interest rate, tax, and their effects on the reaching full employment, stable prices and sustainable growth rates.
The students are expected to understand equilibrium level of prices and output in economy, how AD and AS works in the long-run and in the short-run.

Mode of Delivery : Face-to-Face

Prerequisites and Co-Prerequisites : None

Recommended Optional Programme Components : None

Aim(s) of Course : Introduction to Economics II deals with macroeconomics. Subjects such as national income accounting and its determination, aggregate demand and aggregate supply, equilibrium income, fiscal policy, monetary policy, money and banking, the price level, inflation, umemployment, growth and economic fluctuations will be seen.

Course Contents : National income and its determination; changes in national income, elements of public finance, money and banking, international trade, macroeconomic policy, economic growth and development. Illustrations from the Turkish economy will be given.

Language of Instruction : Turkish

Work Place : Faculty Classroom


  Course Outline /Schedule (Weekly) Planned Learning Activities
Week Subject Student's Preliminary Work Learning Activities and Teaching Methods
1 Introduction to macroeconomics Reading course book Lecture
2 National Income Reading course book Lecture
3 The main macroeconomic issues Reading course book Lecture, problem session, and case studies
4 The main macroeconomic issues Reading course book Lecture, problem session, and case studies
5 The main macroeconomic issues Reading course book Lecture, problem session, and case studies
6 Determining the level of income and price Reading course book Lecture, problem session, and case studies
7 Determine the income level of total expenditure Reading course book Lecture, problem session, and case studies
8 Midterm
9 The public budget and fiscal policy Reading course book Lecture, problem session, and case studies
10 Money and Banking Reading course book Lecture, problem session, and case studies
11 Monetary Theory and Policy Reading course book Lecture, problem session, and case studies
12 Inflation Reading course book Lecture, problem session, and case studies
13 International Trade Reading course book Lecture, problem session, and case studies
14 Current macroeconomic issues Reading course book Lecture, problem session, and case studies
15 Revision Reading course book Lecture, problem session, and case studies
16/17 Final Exam


  Required Course Resources
Resource Type Resource Name
Recommended Course Material(s)  Prof. Dr. Zeynel DİNLER, İktisada Giriş Ekin Kitabevi Yayınları 2009.
Required Course Material(s)


  Assessment Methods and Assessment Criteria
Semester/Year Assessments Number Contribution Percentage
    Mid-term Exams (Written, Oral, etc.) 1 60
    Homeworks/Projects/Others 2 40
Total 100
Rate of Semester/Year Assessments to Success 40
 
Final Assessments 100
Rate of Final Assessments to Success 60
Total 100

  Contribution of the Course to Key Learning Outcomes
# Key Learning Outcome Contribution*
1 uses modern communication tools, methods and processes, collects and interprets data from different sources using 2
2 understands and explains the role of the public and private sector in the economy, the market economy and the function of the public sector 4
3 uses the information of profesional field about basic computer knowledge and skills 4
4 Collect quantitative and statistical data, makes analysis and interpretation 2
5 understands and interprets corecctly the feelenings, thoughts and behaviors of other people, express Themselves in written and oral form. 4
6 Aware of the social, scientific and ethical values ??and acts accordingly 4
7 Questions the traditional approach and methods of application,and he to develops and implements new ways of working if he considers it is necesaary 3
8 Individually and / or in a team, take responsibility, leadership, and effectively works 2
9 In recognition of the need for lifelong learning and constantly renews itself keeps track of the latest developments. 1
10 2
11 UseTurkish in academic life and work in accordance with the requirements of the uses of life. 3
12 Use different resources in accordance with the academic rules, synthesize the information gathered, and present them effectively in an area which has not been studied 2
13 Use Turkish and at least one foreign language in accordance with the prerequisities of academic and business context 1
14 Develop scientific and ethical values in the fields of statistics-and scientific data collection 5
* Contribution levels are between 0 (not) and 5 (maximum).

  Student Workload - ECTS
Works Number Time (Hour) Total Workload (Hour)
Course Related Works
    Class Time (Exam weeks are excluded) 14 3 42
    Out of Class Study (Preliminary Work, Practice) 14 4 56
Assesment Related Works
    Homeworks, Projects, Others 2 2 4
    Mid-term Exams (Written, Oral, etc.) 1 1 1
    Final Exam 1 2 2
Total Workload: 105
Total Workload / 25 (h): 4.2
ECTS Credit: 4