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Course Description |
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Course Name |
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Introduction To Economics 2 |
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Course Code |
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EAS102 |
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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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1 |
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Course Semester |
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Spring (16 Weeks) |
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ECTS |
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4 |
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Name of Lecturer(s) |
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Assoc.Prof.Dr. M.FATİH CİN Prof.Dr. NEJAT ERK Prof.Dr. HÜSEYİN MAHİR FİSUNOĞLU Asst.Prof.Dr. ERHAN İŞCAN |
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Learning Outcomes of the Course |
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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. The students are expected to have a broad understandings of GDP, its components (C, I, G, X,M), the relationship among them. 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.
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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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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. |
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Course Contents |
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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. |
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Language of Instruction |
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Turkish |
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Work Place |
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Faculty 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 |
Introduction to macroeconomics |
Reading course book |
Lecture |
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2 |
National Income |
Reading course book |
Lecture |
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3 |
The main macroeconomic issues |
Reading course book |
Lecture, problem session, and case studies |
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4 |
The main macroeconomic issues |
Reading course book |
Lecture, problem session, and case studies |
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5 |
The main macroeconomic issues |
Reading course book |
Lecture, problem session, and case studies |
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6 |
Determining the level of income and price |
Reading course book |
Lecture, problem session, and case studies |
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7 |
Determine the income level of total expenditure |
Reading course book |
Lecture, problem session, and case studies |
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8 |
Midterm |
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9 |
The public budget and fiscal policy |
Reading course book |
Lecture, problem session, and case studies |
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10 |
Money and Banking |
Reading course book |
Lecture, problem session, and case studies |
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11 |
Monetary Theory and Policy |
Reading course book |
Lecture, problem session, and case studies |
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12 |
Inflation |
Reading course book |
Lecture, problem session, and case studies |
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13 |
International Trade |
Reading course book |
Lecture, problem session, and case studies |
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14 |
Current macroeconomic issues |
Reading course book |
Lecture, problem session, and case studies |
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15 |
Revision |
Reading course book |
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) |
Prof. Dr. Zeynel DİNLER, İktisada Giriş Ekin Kitabevi Yayınları 2009.
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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 |
2 |
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 |
2 |
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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 |
4 |
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3 |
uses the information of profesional field about basic computer knowledge and skills |
4 |
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4 |
Collect quantitative and statistical data, makes analysis and interpretation |
2 |
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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 |
3 |
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8 |
Individually and / or in a team, take responsibility, leadership, and effectively works |
2 |
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9 |
In recognition of the need for lifelong learning and constantly renews itself keeps track of the latest developments. |
1 |
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10 |
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2 |
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11 |
UseTurkish in academic life and work in accordance with the requirements of the uses of life. |
3 |
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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 |
2 |
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13 |
Use Turkish and at least one foreign language in accordance with the prerequisities of academic and business context |
1 |
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14 |
Develop scientific and ethical values in the fields of statistics-and scientific data collection |
5 |
| * 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 |
4 |
56 |
| Assesment Related Works |
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Homeworks, Projects, Others |
2 |
2 |
4 |
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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: | 105 |
| Total Workload / 25 (h): | 4.2 |
| ECTS Credit: | 4 |
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