Course Detail
Course Description
Course | Code | Semester | T+P (Hour) | Credit | ECTS |
---|
MACROECONOMICS | ECO1224530 | Spring Semester | 3+0 | 3 | 6 |
Prerequisites Courses | |
Recommended Elective Courses | |
Language of Course | English |
Course Level | First Cycle (Bachelor's Degree) |
Course Type | Required |
Course Coordinator | |
Name of Lecturer(s) | Assist.Prof. Hakan YILDIZ |
Assistant(s) | |
Aim | This course aims to explain the dynamics of a national economy and how the related policies are formulated in light of basic economic principles. |
Course Content | This course contains; Introduction to macroeconomics,Calculating national income,Economic growth,Money, saving, investment and financial system,Inflation,Money supply and demand,Labor market and unemployment,Aggregate demand in the goods and money markets,Aggregate supply and the equilibrium price level,Financial crises,Fiscal and monetary policy,International trade,International finance,Alternative views in Macroeconomics. |
Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
1.Wil be able to explains how economy works in general. | 10, 14, 9 | A |
1.1 Explains how financial markets work. | 10, 14, 9 | A |
1.2 Evaluate the economy in terms of national income and employment level. | 10, 12, 14, 9 | A |
1.3 Explain the interaction between financial markets and real economy. | 10, 14, 9 | A |
2. Will be able to take suggestions regarding economic policy. | 10, 13, 14, 9 | A |
2.1 Evaluate the decisions made by central bank. | 10, 13, 14, 9 | A |
2.2 Criticize the monetary policy and the fiscal policy implemented theoretically. | 10, 13, 14, 9 | A |
2.3 Comment on the long-term economic policies required for economic development. | 10, 14, 9 | A |
3. Will be able to analyze current economic phenomena. | 10, 13, 14, 9 | A |
3.1 Comment on the changes in the real aggregates like economic growth and employment level. | 10, 13, 14, 9 | A |
3.2 Discuss the influences on the economy of financial variables like exchange rate and interest rate. | 10, 13, 14, 9 | A |
3.3 Analyze general situation of the Turkish economy in light of the changes in the economy. | 10, 13, 14, 9 | A |
4. Will be able to compare schools of economic thought in different aspects. | 10, 14, 9 | A |
4.1 Comment on the general approach to economics of the classical school. | 10, 14, 9 | A |
4.2 Comment on the general approach to economics of the Keynesian school. | 10, 14, 9 | A |
4.3 Tell the suggestions regarding economic policy of the other schools of economic thought. | 10, 14, 9 | A |
5. Will be able to evaluate international economic developments. | 10, 13, 14, 9 | A |
5.1 Explain the basic dynamics of developed and developing economies. | 10, 13, 14, 9 | A |
5.2 Assess the developments in international financial markets. | 10, 13, 14, 9 | A |
5.3 Make comments on global trade relationships. | 10, 13, 14, 9 | A |
Teaching Methods: | 10: Discussion Method, 12: Problem Solving Method, 13: Case Study Method, 14: Self Study Method, 9: Lecture Method |
Assessment Methods: | A: Traditional Written Exam |
Course Outline
Order | Subjects | Preliminary Work |
---|
1 | Introduction to macroeconomics | |
2 | Calculating national income | |
3 | Economic growth | |
4 | Money, saving, investment and financial system | |
5 | Inflation | |
6 | Money supply and demand | |
7 | Labor market and unemployment | |
8 | Aggregate demand in the goods and money markets | |
9 | Aggregate supply and the equilibrium price level | |
10 | Financial crises | |
11 | Fiscal and monetary policy | |
12 | International trade | |
13 | International finance | |
14 | Alternative views in Macroeconomics | |
Resources |
- Daron Acemoglu, David Laibson John list, "Economics", Pearson.
- Case Fair and Oster, Pearson 2016
- Principles of Economics |
Karl E. Case et al. , Principles of Economics, Pearson USA |
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications |
No | Program Qualification | Contribution Level |
1 | 2 | 3 | 4 | 5 |
1 | (S)he describes theoretical knowledge in economics and finance. | | | | | X |
2 | (S)he explains mathematical and statistical methods needed for economics and finance. | | X | | | |
3 | (S)he uses at least one computer program utilized for economic and financial analyses (SPSS, Eviews, STATA, R ve MATLAB). | | | | | |
4 | (S)he has the foreign language proficiency necessary for economics and finance. | | | | | X |
5 | (S)he develops projects in the field and handles team work. | | X | | | |
6 | (S)he develops (her) his awareness of lifetime learning, follows the developments in (her) his field and adopts a critical approach. | | | | | X |
7 | (S)he uses theoretical and practical knowledge on economics and finance. | | | | | X |
8 | (S)he delivers (her) his opinions by making effective use of modern technologies and of at least one foreign language at a minimum level of level C1. | | | | | X |
9 | (S)he adopts and uses organizational, corporate and social ethical values. | | X | | | |
10 | (S)he adopts principles of social responsibility and acts whenever needed in light of social service sensitivity. | | | | | |
11 | (S)he analyzes and uses basic knowledge and data regarding different disciplines to conduct inter-disciplinary studies. | | | | | |
12 | (S)he benefits from (her) his proficiency in economics and finance to make policy suggestions and contribute to the field. | | | X | | |
Assessment Methods
Contribution Level | Absolute Evaluation |
Rate of Midterm Exam to Success | | 40 |
Rate of Final Exam to Success | | 60 |
Total | | 100 |
ECTS / Workload Table |
Activities | Number of | Duration(Hour) | Total Workload(Hour) |
Course Hours | 14 | 3 | 42 |
Guided Problem Solving | 0 | 0 | 0 |
Resolution of Homework Problems and Submission as a Report | 2 | 10 | 20 |
Term Project | 0 | 0 | 0 |
Presentation of Project / Seminar | 0 | 0 | 0 |
Quiz | 3 | 5 | 15 |
Midterm Exam | 1 | 41 | 41 |
General Exam | 1 | 52 | 52 |
Performance Task, Maintenance Plan | 0 | 0 | 0 |
Total Workload(Hour) | 170 |
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(170/30) | 6 |
ECTS of the course: 30 hours of work is counted as 1 ECTS credit. |
Detail Informations of the Course
Course Description
Course | Code | Semester | T+P (Hour) | Credit | ECTS |
---|
MACROECONOMICS | ECO1224530 | Spring Semester | 3+0 | 3 | 6 |
Prerequisites Courses | |
Recommended Elective Courses | |
Language of Course | English |
Course Level | First Cycle (Bachelor's Degree) |
Course Type | Required |
Course Coordinator | |
Name of Lecturer(s) | Assist.Prof. Hakan YILDIZ |
Assistant(s) | |
Aim | This course aims to explain the dynamics of a national economy and how the related policies are formulated in light of basic economic principles. |
Course Content | This course contains; Introduction to macroeconomics,Calculating national income,Economic growth,Money, saving, investment and financial system,Inflation,Money supply and demand,Labor market and unemployment,Aggregate demand in the goods and money markets,Aggregate supply and the equilibrium price level,Financial crises,Fiscal and monetary policy,International trade,International finance,Alternative views in Macroeconomics. |
Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
1.Wil be able to explains how economy works in general. | 10, 14, 9 | A |
1.1 Explains how financial markets work. | 10, 14, 9 | A |
1.2 Evaluate the economy in terms of national income and employment level. | 10, 12, 14, 9 | A |
1.3 Explain the interaction between financial markets and real economy. | 10, 14, 9 | A |
2. Will be able to take suggestions regarding economic policy. | 10, 13, 14, 9 | A |
2.1 Evaluate the decisions made by central bank. | 10, 13, 14, 9 | A |
2.2 Criticize the monetary policy and the fiscal policy implemented theoretically. | 10, 13, 14, 9 | A |
2.3 Comment on the long-term economic policies required for economic development. | 10, 14, 9 | A |
3. Will be able to analyze current economic phenomena. | 10, 13, 14, 9 | A |
3.1 Comment on the changes in the real aggregates like economic growth and employment level. | 10, 13, 14, 9 | A |
3.2 Discuss the influences on the economy of financial variables like exchange rate and interest rate. | 10, 13, 14, 9 | A |
3.3 Analyze general situation of the Turkish economy in light of the changes in the economy. | 10, 13, 14, 9 | A |
4. Will be able to compare schools of economic thought in different aspects. | 10, 14, 9 | A |
4.1 Comment on the general approach to economics of the classical school. | 10, 14, 9 | A |
4.2 Comment on the general approach to economics of the Keynesian school. | 10, 14, 9 | A |
4.3 Tell the suggestions regarding economic policy of the other schools of economic thought. | 10, 14, 9 | A |
5. Will be able to evaluate international economic developments. | 10, 13, 14, 9 | A |
5.1 Explain the basic dynamics of developed and developing economies. | 10, 13, 14, 9 | A |
5.2 Assess the developments in international financial markets. | 10, 13, 14, 9 | A |
5.3 Make comments on global trade relationships. | 10, 13, 14, 9 | A |
Teaching Methods: | 10: Discussion Method, 12: Problem Solving Method, 13: Case Study Method, 14: Self Study Method, 9: Lecture Method |
Assessment Methods: | A: Traditional Written Exam |
Course Outline
Order | Subjects | Preliminary Work |
---|
1 | Introduction to macroeconomics | |
2 | Calculating national income | |
3 | Economic growth | |
4 | Money, saving, investment and financial system | |
5 | Inflation | |
6 | Money supply and demand | |
7 | Labor market and unemployment | |
8 | Aggregate demand in the goods and money markets | |
9 | Aggregate supply and the equilibrium price level | |
10 | Financial crises | |
11 | Fiscal and monetary policy | |
12 | International trade | |
13 | International finance | |
14 | Alternative views in Macroeconomics | |
Resources |
- Daron Acemoglu, David Laibson John list, "Economics", Pearson.
- Case Fair and Oster, Pearson 2016
- Principles of Economics |
Karl E. Case et al. , Principles of Economics, Pearson USA |
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications |
No | Program Qualification | Contribution Level |
1 | 2 | 3 | 4 | 5 |
1 | (S)he describes theoretical knowledge in economics and finance. | | | | | X |
2 | (S)he explains mathematical and statistical methods needed for economics and finance. | | X | | | |
3 | (S)he uses at least one computer program utilized for economic and financial analyses (SPSS, Eviews, STATA, R ve MATLAB). | | | | | |
4 | (S)he has the foreign language proficiency necessary for economics and finance. | | | | | X |
5 | (S)he develops projects in the field and handles team work. | | X | | | |
6 | (S)he develops (her) his awareness of lifetime learning, follows the developments in (her) his field and adopts a critical approach. | | | | | X |
7 | (S)he uses theoretical and practical knowledge on economics and finance. | | | | | X |
8 | (S)he delivers (her) his opinions by making effective use of modern technologies and of at least one foreign language at a minimum level of level C1. | | | | | X |
9 | (S)he adopts and uses organizational, corporate and social ethical values. | | X | | | |
10 | (S)he adopts principles of social responsibility and acts whenever needed in light of social service sensitivity. | | | | | |
11 | (S)he analyzes and uses basic knowledge and data regarding different disciplines to conduct inter-disciplinary studies. | | | | | |
12 | (S)he benefits from (her) his proficiency in economics and finance to make policy suggestions and contribute to the field. | | | X | | |
Assessment Methods
Contribution Level | Absolute Evaluation |
Rate of Midterm Exam to Success | | 40 |
Rate of Final Exam to Success | | 60 |
Total | | 100 |
Numerical Data
Ekleme Tarihi: 09/10/2023 - 08:45Son Güncelleme Tarihi: 09/10/2023 - 08:48
×- A-Z Programs
- Undergraduate
- Graduate
- Academic Calendar
- Double Major & Minor Programs
- Erasmus
- Prospective Students
- Registration
- Re-Enrolment
- Fees
- Directorate of Registrar’s Office
- FAQ
- Accommodation
- Scholarships
- Lateral and Vertical Transfer
- Summer School
- Preparation
- Transportation