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Course Description |
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Course Name |
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Macroeconomics |
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Course Code |
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EC 212 |
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Course Type |
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Compulsory |
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Level of Course |
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First Cycle |
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Year of Study |
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2 |
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Course Semester |
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Spring (16 Weeks) |
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ECTS |
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5 |
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Name of Lecturer(s) |
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Asst.Prof.Dr. ERHAN İŞCAN Assoc.Prof.Dr. M.FATİH CİN Prof.Dr. E.ALPER GÜVEL |
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Learning Outcomes of the Course |
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To give basic information about the current macro-economic issues and provide their understanding To put forward why important are the problems that macroeconomics trying to solve To introduce basic analytical tools of macroeconomics and to show how to use these tools Ability of analytical thinking and explaining it to third parties in an effective way
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Mode of Delivery |
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Face-to-Face |
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Prerequisites and Co-Prerequisites |
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None |
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Recommended Optional Programme Components |
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None |
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Aim(s) of Course |
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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.
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Course Contents |
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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. |
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Language of Instruction |
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Turkish |
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Work Place |
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Faculty classrooms. |
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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 |
Introduction to Macroeconomics |
Reading course books |
Lecture |
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2 |
National Income Accounting |
Reading course books |
Lecture |
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3 |
Income and Expenditures |
Reading course books |
Lecture, problem session, and case studies |
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4 |
Money, Interest Rate and Income |
Reading course books |
Lecture, problem session, and case studies |
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5 |
Monetary and Fiscal Policies |
Reading course books |
Lecture, problem session, and case studies |
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6 |
International Linkages |
Reading course books |
Lecture, problem session, and case studies |
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7 |
Aggregate Demand and Supply: Introduction |
Reading course books |
Lecture, problem session, and case studies |
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8 |
Mid-term exam |
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9 |
Aggregate Supply: Wages, Prices and Employment |
Reading course books |
Lecture, problem session, and case studies |
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10 |
Rational Expectations Equilibrium Approach |
Reading course books |
Lecture, problem session, and case studies |
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11 |
Long-Term Growth and Productivity |
Reading course books |
Lecture, problem session, and case studies |
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12 |
Consumption Behaviors |
Reading course books |
Lecture, problem session, and case studies |
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13 |
Saving Behaviors |
Reading course books |
Lecture, problem session, and case studies |
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14 |
Investment Behavior |
Reading course books |
Lecture, problem session, and case studies |
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15 |
Review |
Reading course books |
Lecture, problem session, and case studies |
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16/17 |
Final Exam |
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Required Course Resources |
| Resource Type | Resource Name |
| Recommended Course Material(s) |
Dornbusch, R. Fisher, Macroeconomics
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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 |
60 |
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Homeworks/Projects/Others |
0 |
40 |
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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 |
uses modern communication tools, methods and processes, collects and interprets data from different sources using |
5 |
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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 |
5 |
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3 |
uses the information of profesional field about basic computer knowledge and skills |
5 |
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4 |
Collect quantitative and statistical data, makes analysis and interpretation |
4 |
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5 |
understands and interprets corecctly the feelenings, thoughts and behaviors of other people, express Themselves in written and oral form. |
4 |
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6 |
Aware of the social, scientific and ethical values ??and acts accordingly |
4 |
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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 |
4 |
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8 |
Individually and / or in a team, take responsibility, leadership, and effectively works |
4 |
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9 |
In recognition of the need for lifelong learning and constantly renews itself keeps track of the latest developments. |
3 |
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10 |
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4 |
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11 |
UseTurkish in academic life and work in accordance with the requirements of the uses of life. |
4 |
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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 |
5 |
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13 |
Use Turkish and at least one foreign language in accordance with the prerequisities of academic and business context |
5 |
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14 |
Develop scientific and ethical values in the fields of statistics-and scientific data collection |
3 |
| * 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 |
4 |
56 |
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Out of Class Study (Preliminary Work, Practice) |
14 |
4 |
56 |
| Assesment Related Works |
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Homeworks, Projects, Others |
0 |
0 |
0 |
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Mid-term Exams (Written, Oral, etc.) |
1 |
1 |
1 |
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Final Exam |
1 |
2 |
2 |
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Total Workload: | 115 |
| Total Workload / 25 (h): | 4.6 |
| ECTS Credit: | 5 |
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