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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 Prof.Dr. NEJAT ERK Prof.Dr. HÜSEYİN MAHİR FİSUNOĞLU Asst.Prof.Dr. ERHAN İŞCAN Learning Outcomes of the Course : Having completed Introduction to Economics I and II, the students are expected to have a broad understanding of basic economic relations, able to think critically and apply economic reasoning in daily life decison-making process and public decisions. Having completed Introduction to Economics I and II, the students are expected to have a broad understanding of basic economic relations, able to think critically and apply economic reasoning in daily life decison-making process and public decisions. A broad understanding of growth, price indexes, inflation, unemployment, business cycles and interaction among them. The students are expected to have a broad understanding of money, banking, monetary policy, and fiscal policy; the roles of money supply and demand for money, interest rate, tax, and their effects on the reaching full employment, stable prices and sustainable growth rates. The students are expected to 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 studied 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 studied Language of Instruction : Turkish Work Place : Faculty Classroom   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, problem session, and case studies 3 The main macroeconomic issues Reading course book Lecture, problem session, and case studies 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 exam 9 The 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 Exam   Required Course Resources Resource Type Resource Name Recommended Course Material(s)  Prof. Dr. Zeynel DİNLER, İktisada Giriş Ekin Kitabevi Yayınları.  Prof. Dr. Tümay Ertek, Makroekonomiye Giriş 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 2 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 Develops skills of defining and analyzing the international, regional and national oriented issues, producing appropriate conflict-resolution techniques and negotiation skills. 2 2 Becomes skilful at following and interpreting different social areas in international and national levels and also applies the problem-solving oriented practices. 2 3 Uses Turkish, and at least one more foreign language, in accordance with the requirements of academic and work life. 3 4 Understands and interprets the feelings, thoughts and behaviors of related persons correctly; and expresses himself/herself in written and oral forms accurately. 3 5 Questions traditional approaches, practices and methods; and develops and applies new study methods if necessary. 3 6 Recognizes and implements social, scientific and professional ethical values. 3 7 Has the conceptual and theoretical competence to explain the phenomena in the disciplines of Political Science and International Relations. 3 8 Collects, reviews and analyzes the data obtained which necessary for modelling applications in the Social Science. 3 9 Improves his/herself constantly by defining educational requirements considering interests and talents in scientific, cultural, art and social fields besides career development. 3 10 Develops critical thinking skills. 2 11 In recognition of the need for lifelong learning, follows the latest developments in the field and improves himself/herself. 2 12 Individually and/or in a team, takes responsibility, leadership, and works effectively. 3 13 Identifies the international and national issues by methodologies used in the disciplines of Political Science and International Relations; chooses the appropriate analysis techniques across the issues and applies the appropriate empirical studies. 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 3 42     Out of Class Study (Preliminary Work, Practice) 14 3 42 Assesment Related Works     Homeworks, Projects, Others 2 3 6     Mid-term Exams (Written, Oral, etc.) 1 1 1     Final Exam 1 2 2 Total Workload: 93 Total Workload / 25 (h): 3.72 ECTS Credit: 4