TYPE OF COURSE UNIT	Compulsory Course
LEVEL OF COURSE UNIT	Bachelor's Degree
YEAR OF STUDY	1
SEMESTER	Second Term (Spring)
NUMBER OF ECTS CREDITS ALLOCATED	6
NAME OF LECTURER(S)	Assistant Professor Zeynep Kantur
LEARNING OUTCOMES OF THE COURSE UNIT	At the end of this course, the students; 1) Define the basic concepts of macroeconomics. 2) Interpret real world events using macroeconomic analysis skills and its basic tools. 3) Illustrate the relationships between the basic concepts learned both graphically and mathematically. 4) Develop a solid understanding of causal relationships in theoretical models of the field. 5) Analyze and interpret the basic theoretical relationships in the data related to the field.
MODE OF DELIVERY	Face to face
PRE-REQUISITES OF THE COURSE	No
RECOMMENDED OPTIONAL PROGRAMME COMPONENT	None
COURSE DEFINITION	This course focuses on explaining and examining the basic concepts of macroeconomics. Measuring the country's income, unemployment, inflation, aggregate demand and supply, monetary and fiscal policies are among the main topics covered.
COURSE CONTENTS	WEEK TOPICS 1st Week What is Macroeconomics? ; Measuring Total Output and Income 2nd Week Unemployment and Inflation 3rd Week Business Cycles, Long-Run: Growth 4th Week Short Run: Output, Expenditure and the Multiplier 5th Week Short Run: Output, Expenditure and the Multiplier 6th Week Aggregate Demand and Supply 7th Week Aggregate Demand and Supply 8th Week Midterm Exam 9th Week Money and the Banking System 10th Week Monetary Policy 11th Week Fiscal Policy 12th Week Inflation and Unemployment Revisited: The Phillips Curve 13th Week Open Economy 14th Week Turkish Economy
RECOMENDED OR REQUIRED READING	Economics (Pearson Prentice Hall Press) by G. Hubbard and A. O'Brien. You should follow Wall Street Journal and The Economist regularly
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS	Lecture,Discussion
ASSESSMENT METHODS AND CRITERIA	Quantity Percentage(%) Mid-term 1 35 Quiz 2 25 Total(%) 60 Contribution of In-term Studies to Overall Grade(%) 60 Contribution of Final Examination to Overall Grade(%) 40 Total(%) 100
ECTS WORKLOAD	Activities Number Hours Workload Midterm exam 1 2 2 Preparation for Quiz 0 0 0 Individual or group work 14 4 56 Preparation for Final exam 1 40 40 Course hours 14 3 42 Preparation for Midterm exam 1 35 35 Laboratory (including preparation) 0 0 0 Final exam 1 2 2 Homework 1 3 3 Total Workload 180 Total Workload / 30 6 ECTS Credits of the Course 6
LANGUAGE OF INSTRUCTION	Turkish
WORK PLACEMENT(S)	No