|
Course Description |
|
Course Name |
: |
Macroeconomics I |
|
Course Code |
: |
EC 203 |
|
Course Type |
: |
Compulsory |
|
Level of Course |
: |
First Cycle |
|
Year of Study |
: |
2 |
|
Course Semester |
: |
Fall (16 Weeks) |
|
ECTS |
: |
6 |
|
Name of Lecturer(s) |
: |
Asst.Prof.Dr. MUSTAFA ILDIRAR Assoc.Prof.Dr. M.FATİH CİN Prof.Dr. E.ALPER GÜVEL |
|
Learning Outcomes of the Course |
: |
Give basic information about the current macro-economic issues and provide their understanding Analyze why problems that macroeconomics try to solve are important Introduce basic analytical tools of macroeconomics and to show how to use these tools Be able to think analytically and explain it to third parties in an effective way
|
|
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, in short, to explain macro-economic problems such as unemployment, inflation, price level, economic stability and growth and their solutions. |
|
Course Contents |
: |
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. |
|
Language of Instruction |
: |
Turkish |
|
Work Place |
: |
Faculty classrooms |
|
|
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 Accounting |
Reading course book |
Lecture |
|
3 |
Income and Expenditures |
Reading course book |
Lecture, problem session, and case studies |
|
4 |
Money, Interest Rate and Income |
Reading course book |
Lecture, problem session, and case studies |
|
5 |
Monetary and Fiscal Policies |
Reading course book |
Lecture, problem session, and case studies |
|
6 |
International Linkages |
Reading course book |
Lecture, problem session, and case studies |
|
7 |
Aggregate Demand and Supply: Introduction |
Reading course book |
Lecture, problem session, and case studies |
|
8 |
Mid-term exam |
prepare to exam |
written exam |
|
9 |
Aggregate Supply: Wages, Prices and Employment |
Reading course book |
Lecture, problem session, and case studies |
|
10 |
Rational Expectations Equilibrium Approach |
Reading course book |
Lecture, problem session, and case studies |
|
11 |
Long-Term Growth and Productivity |
Reading course book |
Lecture, problem session, and case studies |
|
12 |
Consumption Behaviors |
Reading course book |
Lecture, problem session, and case studies |
|
13 |
Saving Behaviors |
Reading course book |
Lecture, problem session, and case studies |
|
14 |
Investment Behavior |
Reading course book |
Lecture, problem session, and case studies |
|
15 |
Review |
General Review |
Lecture, problem session, and case studies |
|
16/17 |
Final Exam |
prepare to exam |
written exam |
|
|
|
Required Course Resources |
| Resource Type | Resource Name |
| Recommended Course Material(s) |
Dornbusch, R.-Fischer, S., Makroekonomi, Çeviri Editörü: Erhan Yıldırım, Akademi Yayınları, İstanbul, 1998
|
| |
| 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 |
0 |
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 |
Explain the importance of demand and supply in economy science and the well-running conditions of the market economy |
5 |
|
2 |
Define the role of pricing within the event advantage of the market economy. |
5 |
|
3 |
Define the role of the state in economy, money and financial policies, the central bank and the structure of the market. |
4 |
|
4 |
Perceive the costs and benefits arising from the global economy |
4 |
|
5 |
Produce numerical and policy options when confronted with problems. |
5 |
|
6 |
Use quantitative and qualitative techniques of model building, decoding and interpretation. |
5 |
|
7 |
Use the theory of economics in the analysis of economic events. |
5 |
|
8 |
Use computer programs, do synthesis and present prepared data efficiently. |
4 |
|
9 |
Apply the methods of economic analysis. |
3 |
|
10 |
Analyze at conceptual level and acquires ability in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems |
4 |
|
11 |
Take responsibility individually and / or in a team, take leadership and work effectively. |
3 |
|
12 |
Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself.. |
4 |
|
13 |
Use of different sources about an unfamiliar field within academic principles, synthesize gained data and presents effectively. |
4 |
|
14 |
Use Turkish and at least one foreign language in accordance with the requirements of academic and work life. |
4 |
|
15 |
Understand and interpret related people´s feelings, thoughts, and behaviours correctly; expresse him-/herself accurately in written and oral language. |
4 |
|
16 |
Question traditional attitudes, applications and methods, develop and apply new methods when needed. |
4 |
|
17 |
Recognize and apply social, scientific and professional ethical values. |
4 |
| * 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 |
4 |
56 |
|
Out of Class Study (Preliminary Work, Practice) |
14 |
6 |
84 |
| 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: | 143 |
| Total Workload / 25 (h): | 5.72 |
| ECTS Credit: | 6 |
|
|
|