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Course Description Course Name : Macroeconomics Course Code : İKT 704 Course Type : Compulsory Level of Course : Second Cycle Year of Study : 1 Course Semester : Fall (16 Weeks) ECTS : 6 Name of Lecturer(s) : Prof.Dr. MURAT DOĞANLAR Learning Outcomes of the Course : Understands Open Economy Macroeconomics Examines the structure of the economy in terms of aggregate economic variables Analyzes the structure and historical background of macroeconomics Internalizes advanced level macroeconomics Analyzes the effects of basic macroeconomic variables on economic structure 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 to teach the structure of the economy in terms of aggregate economic variables, to make the students examine the structure and historical background of macroeconomics and learn advanced level macroeconomic knowledge. Course Contents : This course covers Scope of Development Macroeconomics, Historical Background of Macroeconomics, Economic Structure and Macroeconomics, Aggregate Accounts, Production, and Market Structure, Behavioural Functions, The Government Budget and Fiscal Management, Macroeconomic Effects of Fiscal Policy, Financial Markets and the Transmission Process of Monetary Policy, A Framework for Monetary Policy Analysis, Inflation Targeting and Interest Rate Rules, Choosing an Exchange-Rate Regime, Open Economy Macroeconomics Language of Instruction : Turkish Work Place : Classroom   Course Outline /Schedule (Weekly) Planned Learning Activities Week Subject Student's Preliminary Work Learning Activities and Teaching Methods 1 Scope of Development Macroeconomics Reading course book Lecture and Problem Solving 2 Historical Background of Macroeconomics Reading course book Lecture and Problem Solving 3 Economic Structure and Macroeconomics: Economical features of developing countries Reading course book Lecture and Problem Solving 4 Aggregate Accounts, Production, and Market Structure Reading course book Lecture and Problem Solving 5 Aggregate Accounts, Production, and Market Structure Reading course book Lecture and Problem Solving 6 Behavioural Functions, The Government Budget and Fiscal Management Reading course book Lecture and Problem Solving 7 Macroeconomic Effects of Fiscal Policy Reading course book Lecture and Problem Solving 8 Mid-term Exam 9 Financial Markets and the Transmission Process of Monetary Policy Reading course book Lecture and Problem Solving 10 A Framework for Monetary Policy Analysis Reading course book Lecture and Problem Solving 11 A Framework for Monetary Policy Analysis Reading course book Lecture and Problem Solving 12 Inflation Targeting and Interest Rate Rules Reading course book Lecture and Problem Solving 13 Choosing an Exchange-Rate Regime Reading course book Lecture and Problem Solving 14 Choosing an Exchange-Rate Regime II: The Role of Shocks, Contractionary Effects, and Moral Hazard Reading course book Lecture and Problem Solving 15 Open Economy Macroeconomics Reading course book Lecture and Problem Solving 16/17 Final Exam   Required Course Resources Resource Type Resource Name Recommended Course Material(s)  Macroeconomics Development, Pierre-Richard Agenor and Peter J.Montiel, 1999. 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 0 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 Specifies the role of the market economy, the price advantage of the event. 4 2 Specifies the role of the price advantage in market economy 4 3 Applies the methods of economic analysis. 5 4 Takes responsibility individually and / or in a team,leads a team and works effectively 2 5 Speaks Turkish, and at least one other foreign language in accordance with the requirements of academic and business life. 2 6 Builds, decodes and interprets models by using quantitative and qualitative techniques 4 7 Questions traditional approaches, implementations, and methods ;develops and practises alternative study programs when required 4 8 Acquires the ability of analyzing in the conceptual level ,compares interprets, evaluates and synthesizes ideas in order to develop solutions to the problems. 1 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. 2 11 Uses the theory of economics in analyzing the economic events 5 12 With the awareness of the necessity of life-long learning, follows the latest developments about his field and improves himself 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) 16 3 48     Out of Class Study (Preliminary Work, Practice) 16 6 96 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: 147 Total Workload / 25 (h): 5.88 ECTS Credit: 6