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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) : Prof.Dr. HÜSEYİN MAHİR FİSUNOĞLU Prof.Dr. NEJAT ERK Asst.Prof.Dr. ERHAN İŞCAN Assoc.Prof.Dr. M.FATİH CİN Learning Outcomes of the Course : Has a broad understanding of basic economic relations, is able to think critically and apply economic reasoning in daily life decison-making process and public decisions. Has a broad understandings of GDP, its components (C, I, G, X,M), the relationship among them. Has a broad understanding of growth, price indexes, inflation, unemployment, business cycles and interaction among them. Has 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. understands 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 seen. 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 given. 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 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 Determine the income level of total expenditure Reading course book Lecture, problem session, and case studies 8 Midterm 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 2009. 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 2 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 0 2 Explains Econometric concepts 3 3 Estimates the model consistently and analyzes & interprets its results 3 4 Acquires basic Mathematics, Statistics and Operation Research concepts 2 5 Equipped with the foundations of Economics, and develops Economic models 5 6 Describes the necessary concepts of Business 5 7 Acquires the ability to analyze, benchmark, evaluate and interpret at conceptual levels to develop solutions to problems 2 8 Collects, edits, and analyzes data 3 9 Uses a package program of Econometrics, Statistics, and Operation Research 3 10 Effectively works, take responsibility, and the leadership individually or as a member of a team 5 11 Awareness towards life-long learning and follow-up of the new information and knowledge in the field of study 2 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 5 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 2 16 Recognizes and implements social, scientific, and professional ethic values 3 17 Follows actuality, and interprets the data about economic and social events 4 18 Improves himself/herself constantly by defining educational requirements considering interests and talents in scientific, cultural, art and social fields besides career development 3 * 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 2 4     Mid-term Exams (Written, Oral, etc.) 1 1 1     Final Exam 1 2 2 Total Workload: 91 Total Workload / 25 (h): 3.64 ECTS Credit: 4