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 usıng the ability of macroeconomic analysis and the basic tools of macroeconomics. 3) Illustrate the relationship between the basic macroeconomic concepts both graphically and mathematically. 4) Develop a solid understanding of causal relationships in the 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	We will be particularly concerned with the determinants of national output, unemployment rate, price level (inflation), interest rates, money supply and balance of payments, and the role of fiscal and monetary policy. Introduces the basic models of macroeconomics and explains the principles with the experience of Turkish and foreign economies.
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. Please take a look at the 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 1,5 1,5 Preparation for Quiz 0 0 0 Individual or group work 14 3 42 Preparation for Final exam 1 35 35 Course hours 14 3 42 Preparation for Midterm exam 1 30 30 Laboratory (including preparation) 0 0 0 Final exam 1 1,5 1,5 Homework 2 12 24 Total Workload 176 Total Workload / 30 5,86 ECTS Credits of the Course 6
LANGUAGE OF INSTRUCTION	English
WORK PLACEMENT(S)	No