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| Course Description |
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| Course Name |
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Economic Policy |
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| Course Code |
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İKT 708 |
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| Course Type |
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Optional |
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| Level of Course |
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Second Cycle |
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| Year of Study |
: |
1 |
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| Course Semester |
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Fall (16 Weeks) |
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| ECTS |
: |
6 |
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| Name of Lecturer(s) |
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Prof.Dr. E.ALPER GÜVEL
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| Learning Outcomes of the Course |
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Has the ability to interpret the main purpose and the tools of economic policy
Understands the role of the state in the economy
Comprehends the interaction of macro-economic policies with economic theories
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| Mode of Delivery |
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Face-to-Face |
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| Prerequisites and Co-Prerequisites |
: |
None |
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| Recommended Optional Programme Components |
: |
None |
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| Aim(s) of Course |
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The aim of this course is to introduce the fluctuations in short-term and long-term trend of economic growth, unemployment, inflation, the basic macroeconomic approaches of public and external deficits , economic policy objectives and to define the economic policy tools relevant to these goals.
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| Course Contents |
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This course consists of the definition and concepts of economic policy, economic policy and public institutions, economic policy and international organizations, the purpose and objectives of economic policy , economic policy tools, decision-making methods, alternative approaches to economic policy, Classical, Keynesian, monetarist, New Classical, New Keynesian.
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| Language of Instruction |
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Turkish |
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| Work Place |
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Classroom |
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Course Outline /Schedule (Weekly) Planned Learning Activities |
| Week | Subject | Student's Preliminary Work | Learning Activities and Teaching Methods |
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1 |
The basic concepts and principles of economic policy |
Reading course books and the notes |
Lecture |
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2 |
Determination and Application of economic policy |
Reading course books and the notes |
Lecture |
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3 |
Diversity of Economic Policy |
Reading course books and the notes |
Lecture |
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4 |
Delays in the application of politics |
Reading course books and the notes |
Lecture |
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5 |
Main purposes of economic policy |
Reading course books and the notes |
Lecture |
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6 |
Main tools of economic policy |
Reading course books and the notes |
Lecture |
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7 |
The efficiency of the tools and the factors determining efficiency |
Reading course books and the notes |
Lecture |
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8 |
midterm exam |
Reading course books and the notes |
Lecture |
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9 |
Economic Policy and Macro Theories:Basic Concepts |
Reading course books and the notes |
Lecture |
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10 |
Classical Macro Theory and Economic Policy |
Reading course books and the notes |
Lecture |
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11 |
Keynesian Macro Theory and Economic Policy |
Reading course books and the notes |
Lecture |
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12 |
Monetary Macro Theory and Economic Policy |
Reading course books and the notes |
Lecture |
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13 |
Rational Expectations Theory and Economic Policy |
Reading course books and the notes |
Lecture |
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14 |
Supply-side Economics and Economic Policy |
Reading course books and the notes |
Lecture |
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15 |
General Evaluation |
Reading course books and the notes |
Lecture |
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16/17 |
Final Exam |
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Required Course Resources |
| Resource Type | Resource Name |
| Recommended Course Material(s) |
 Prof.Dr.Vural Savaş, Politik İktisat, Beta Yayınları
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| Required Course Material(s) | |
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Assessment Methods and Assessment Criteria |
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Semester/Year Assessments |
Number |
Contribution Percentage |
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Mid-term Exams (Written, Oral, etc.) |
1 |
100 |
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Homeworks/Projects/Others |
0 |
0 |
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Total |
100 |
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Rate of Semester/Year Assessments to Success |
40 |
| |
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Final Assessments
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100 |
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Rate of Final Assessments to Success
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60 |
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Total |
100 |
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| Contribution of the Course to Key Learning Outcomes |
| # | Key Learning Outcome | Contribution* |
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1 |
Specifies the role of the market economy, the price advantage of the event. |
4 |
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2 |
Specifies the role of the price advantage in market economy |
4 |
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3 |
Applies the methods of economic analysis. |
4 |
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4 |
Takes responsibility individually and / or in a team,leads a team and works effectively |
4 |
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5 |
Speaks Turkish, and at least one other foreign language in accordance with the requirements of academic and business life. |
4 |
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6 |
Builds, decodes and interprets models by using quantitative and qualitative techniques |
4 |
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7 |
Questions traditional approaches, implementations, and methods ;develops and practises alternative study programs when required |
4 |
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8 |
Acquires the ability of analyzing in the conceptual level ,compares interprets, evaluates and synthesizes ideas in order to develop solutions to the problems. |
4 |
|
9 |
Explains the importance of demand and supply and the conditions of the market economy to work better |
4 |
|
10 |
Faces with challenges, produces a numerical and policy options. |
4 |
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11 |
Uses the theory of economics in analyzing the economic events
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4 |
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12 |
With the awareness of the necessity of
life-long learning, follows the latest developments about his field and improves himself
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4 |
| * Contribution levels are between 0 (not) and 5 (maximum). |
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| Student Workload - ECTS |
| Works | Number | Time (Hour) | Total Workload (Hour) |
| Course Related Works |
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Class Time (Exam weeks are excluded) |
14 |
3 |
42 |
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Out of Class Study (Preliminary Work, Practice) |
14 |
7 |
98 |
| Assesment Related Works |
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Homeworks, Projects, Others |
0 |
0 |
0 |
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Mid-term Exams (Written, Oral, etc.) |
1 |
2 |
2 |
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Final Exam |
1 |
2 |
2 |
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Total Workload: | 144 |
| Total Workload / 25 (h): | 5.76 |
| ECTS Credit: | 6 |
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