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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 Asst.Prof.Dr. ERHAN İŞCAN Prof.Dr. HÜSEYİN MAHİR FİSUNOĞLU Prof.Dr. NEJAT ERK Asst.Prof.Dr. HAKKI ÇİFTÇİ Learning Outcomes of the Course : Understand basic economic relations, think critically and apply economic reasoning in daily life decison-making process and public decisions. Understand GDP, its components (C, I, G, X,M), the relationship among them. Understand growth, price indexes, inflation, unemployment, business cycles and interaction among them. Understand money, banking, monetary policy, and fiscal policy; the roles of money supply and demand for money, interest rate, tax, and their effects on reaching full employment, stable prices and sustainable growth rates. 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 classrooms   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 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 Determination of the income level by total expenditures Reading course book Lecture, problem session, and case studies 8 Mid-term week Prepare for the exam Written exam 9 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 week   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.) 1 100     Homeworks/Projects/Others 0 0 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 Explain the importance of demand and supply in economy science and the well-running conditions of the market economy 3 2 Define the role of pricing within the event advantage of the market economy. 2 3 Define the role of the state in economy, money and financial policies, the central bank and the structure of the market. 3 4 Perceive the costs and benefits arising from the global economy 1 5 Produce numerical and policy options when confronted with problems. 1 6 Use quantitative and qualitative techniques of model building, decoding and interpretation. 2 7 Use the theory of economics in the analysis of economic events. 2 8 Use computer programs, do synthesis and present prepared data efficiently. 3 9 Apply the methods of economic analysis. 2 10 Analyze at conceptual level and acquires ability in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems 2 11 Take responsibility individually and / or in a team, take leadership and work effectively. 1 12 Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself.. 1 13 Use of different sources about an unfamiliar field within academic principles, synthesize gained data and presents effectively. 3 14 Use Turkish and at least one foreign language in accordance with the requirements of academic and work life. 2 15 Understand and interpret related people´s feelings, thoughts, and behaviours correctly; expresse him-/herself accurately in written and oral language. 3 16 Question traditional attitudes, applications and methods, develop and apply new methods when needed. 3 17 Recognize and apply social, scientific and professional ethical values. 3 * 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 0 0 0     Mid-term Exams (Written, Oral, etc.) 1 1 1     Final Exam 1 2 2 Total Workload: 101 Total Workload / 25 (h): 4.04 ECTS Credit: 4