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	7
NAME OF LECTURER(S)	Associate Professor Didem Pekkurnaz Assistant Professor Seda Köymen Özer Instructor Zeynep Yener Gök
LEARNING OUTCOMES OF THE COURSE UNIT	At the end of this course, the students; 1) Define basic macroeconomic concepts. 2) Explain how to measure the production and income of an economy. 3) Interpret the macroeconomic indicators such as unemployment, inflation and growth. 4) Describe how macroeconomic equilibrium is achieved. 5) Explain monetary and fiscal policy tools and their effects. 6) Interpret the current macroeconomic developments in written and visual sources.
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 Measuring a Nation's Production and Income 2nd Week Unemployment and Inflation 3rd Week The Economy at Full Employment 4th Week Why Do Economies Grow? (Excl. Appendix) 5th Week Aggregate Demand and Aggregate Supply 6th Week Fiscal Policy (Excl. U.S. Fiscal Policy) 7th Week The Income-Expenditure Model (Excl. Appendix) 8th Week Midterm 9th Week Money and the Banking System 10th Week The Federal Rezerve and Monetary Policy 11th Week Modern Macroeconomics: From the Short Run to the Long Run 12th Week The Dynamics of Inflation and Unemployment 13th Week Macroeconomic Policy Debates (Ricardian Equivalence) 14th Week International Trade and Public Policy
RECOMENDED OR REQUIRED READING	Arthur O'Sullivan, Steven M. Sheffrin ve Stephen J. Perez, Makroekonomi: Prensipler, Uygulamalar ve Araçlar. 8th ed., çeviri editörü, Kerem Karabulut. Ankara: Nobel, 2015.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS	Lecture,Discussion
ASSESSMENT METHODS AND CRITERIA	Quantity Percentage(%) Mid-term 1 40 Quiz 2 15 Total(%) 55 Contribution of In-term Studies to Overall Grade(%) 55 Contribution of Final Examination to Overall Grade(%) 45 Total(%) 100
ECTS WORKLOAD	Activities Number Hours Workload Midterm exam 1 1 1 Preparation for Quiz 2 12 24 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 1 1 Homework 0 0 0 Total Workload 199 Total Workload / 30 6,63 ECTS Credits of the Course 7
LANGUAGE OF INSTRUCTION	Turkish
WORK PLACEMENT(S)	No