TYPE OF COURSE UNIT	Compulsory Course
LEVEL OF COURSE UNIT	Master's Degree With Thesis
YEAR OF STUDY	1
SEMESTER	Second Term (Spring)
NUMBER OF ECTS CREDITS ALLOCATED	10
NAME OF LECTURER(S)	-
LEARNING OUTCOMES OF THE COURSE UNIT	At the end of this course, the students; 1) will have learned to make economic analysis by using the basic macroeconomic concepts. They will understand national income accounting, growth theory and economic growth. They will learn macroeconomic models and the links among them. They will understand money, financial and goods markets, and the links among them. They will understand inflation and unemployment issues and stabilization policies. 2) are provided with a comprehensive and advanced understanding of the mathematical (such as difference, differential equations, optimal control, etc. ) and graphical tools (such as a phase diagram) to grasp the main results of the models.
MODE OF DELIVERY	Face to face
PRE-REQUISITES OF THE COURSE	No
RECOMMENDED OPTIONAL PROGRAMME COMPONENT
COURSE DEFINITION	This course is an intermediate macroeconomics series. Within the framework of basic business cycle models, demand-side equilibrium and IS / LM models and the effectiveness of financial and monetary policy will be examined. It aims to teach choice problems such as consumption, saving, labor supply, investment, labor demand in the economy by using optimization techniques.
COURSE CONTENTS	WEEK TOPICS 1st Week Basic Concepts and National Income Accounts 2nd Week Growth and Growth Policy 3rd Week Aggregate Demand Aggregate Supply 4th Week The Phillips Curve 5th Week Costs of Unemployment and Inflation 6th Week Money, Interest and Income 7th Week Monetary and Fiscal Policy 8th Week Balance of Payments and International Linkages 9th Week Consumption and Savings 10th Week Investment 11th Week The Demand for Money and the Central Bank 12th Week The National Debt 13th Week Inflation, Hyperinflation and Stopping Inflation 14th Week Major Theories in Macroeconomics 15th Week
RECOMENDED OR REQUIRED READING	Ben J. Heijdra and Frederich Van Ders Ploeg, Foundations of Modern Macroeconomics. Oxford Universtiy Pres, 2002. D. Romer, Advanced Macroeconomics. McGraw-Hill R. Dornbush, S. Fischer and R. Startz, Macroeconomics, ibt. ed. McGraw-Hill, 2001. Oliver Jean Blanchard and S. Fischer, Lectures on Macroeconomics, The MIT Pres, 1989 A.C.Chiang, Elements of Dynamic Optimization; McGraw-Hill, 1992.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS	Lecture,Discussion
ASSESSMENT METHODS AND CRITERIA	Quantity Percentage(%) Mid-term 1 40 Quiz 1 10 Total(%) 50 Contribution of In-term Studies to Overall Grade(%) 50 Contribution of Final Examination to Overall Grade(%) 50 Total(%) 100
ECTS WORKLOAD	Activities Number Hours Workload Midterm exam 1 2 2 Preparation for Quiz 1 55 55 Individual or group work 14 5 70 Preparation for Final exam 1 70 70 Course hours 14 3 42 Preparation for Midterm exam 1 60 60 Laboratory (including preparation) Final exam 1 2 2 Homework Total Workload 301 Total Workload / 30 10,03 ECTS Credits of the Course 10
LANGUAGE OF INSTRUCTION	Turkish
WORK PLACEMENT(S)	No