DEGREE PROGRAMS  Associate's Degree (Short Cycle)  Bachelor’s Degree (First Cycle)  Master’s Degree (Second Cycle)

Course Description Course Name : Macroeconomics I Course Code : EC 203 Course Type : Compulsory Level of Course : First Cycle Year of Study : 2 Course Semester : Fall (16 Weeks) ECTS : 5 Name of Lecturer(s) : Asst.Prof.Dr. HAKKI ÇİFTÇİ Prof.Dr. E.ALPER GÜVEL Assoc.Prof.Dr. M.FATİH CİN Learning Outcomes of the Course : Gives basic information about the current macro-economic issues and provides their understanding Puts forward why important are the problems that macroeconomics trying to solve Introduces basic analytical tools of macroeconomics and shows how to use these tools Has the ability of analytical thinking and explaining it to third parties in an effective way Mode of Delivery : Face-to-Face Prerequisites and Co-Prerequisites : None Recommended Optional Programme Components : None Aim(s) of Course : The aim of this course is, in short, to explain macro-economic problems such as unemployment, inflation, price level, economic stability and growth and their solutions. Course Contents : Introduction, National Income Accounting, Income and Spending, .Money, Interest, and Income, Monetary and Fiscal Policy, International Linkages, Aggregate Supply And Demand, Aggregate Supply, Wages, Prices, and Unemployment, Growth and Accumulation, Growth and Policy. 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 books Lecture 2 Basic Models Reading course books Lecture, problem session, and case studies 3 National Income Accounting Reading course books Lecture, problem session, and case studies 4 Income and Expenditures Reading course books Lecture 5 Money, Interest Rate and Wages Reading course books Lecture, problem session, and case studies 6 Monetary and Fiscal Policies Reading course books Lecture 7 Monetary and Fiscal Policies Reading course books Lecture 8 Mid-term exam Lecture, problem session, and case studies 9 International Linkages Reading course books Lecture 10 Aggregate Demand and Supply Reading course books Lecture 11 Aggregate Demand and Supply Reading course books Lecture 12 Aggregate Supply: Wages, Prices and Employment Reading course books Lecture, problem session, and case studies 13 Rational Expectations Equilibrium Approach Reading course books Lecture, problem session, and case studies 14 Long-Term Growth and Productivity Reading course books Lecture, problem session, and case studies 15 Review Reading course books Lecture, problem session, and case studies 16/17 Final Exam   Required Course Resources Resource Type Resource Name Recommended Course Material(s)  Rudiger Dornbusch, Stanley Fisher, Makroekonomi, Çeviri Kitabı, Akademi Yayın Hizmetleri, Çeviri Editörü:Erhan Yıldırım 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 1 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 Models problems with Mathematics, Statistics, and Econometrics 3 2 Explains Econometric concepts 2 3 Estimates the model consistently and analyzes & interprets its results 4 4 Acquires basic Mathematics, Statistics and Operation Research concepts 2 5 Equipped with the foundations of Economics, and develops Economic models 3 6 Describes the necessary concepts of Business 2 7 Acquires the ability to analyze, benchmark, evaluate and interpret at conceptual levels to develop solutions to problems 1 8 Collects, edits, and analyzes data 1 9 Uses a package program of Econometrics, Statistics, and Operation Research 2 10 Effectively works, take responsibility, and the leadership individually or as a member of a team 2 11 Awareness towards life-long learning and follow-up of the new information and knowledge in the field of study 3 12 Develops the ability of using different resources in the form of academic rules, synthesis the information gathered, and effective presentation in an area which has not been studied 3 13 Uses Turkish and at least one other foreign language, academically and in the business context 2 14 Good understanding, interpretation, efficient written and oral expression of the people involved 1 15 Questions traditional approaches and their implementation while developing alternative study programs when required 4 16 Recognizes and implements social, scientific, and professional ethic values 1 17 Follows actuality, and interprets the data about economic and social events 3 18 Improves himself/herself constantly by defining educational requirements considering interests and talents in scientific, cultural, art and social fields besides career development 1 * 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 4 56     Out of Class Study (Preliminary Work, Practice) 14 4 56 Assesment Related Works     Homeworks, Projects, Others 1 2 2     Mid-term Exams (Written, Oral, etc.) 1 1 1     Final Exam 1 2 2 Total Workload: 117 Total Workload / 25 (h): 4.68 ECTS Credit: 5