| TYPE OF COURSE UNIT | Elective Course |
| LEVEL OF COURSE UNIT | Bachelor's Degree |
| YEAR OF STUDY | - |
| SEMESTER | - |
| NUMBER OF ECTS CREDITS ALLOCATED | 5 |
| NAME OF LECTURER(S) | -
|
| LEARNING OUTCOMES OF THE COURSE UNIT |
At the end of this course, the students;
1) Understand the national accounts objectives and to interpret the different macroeconomic variables.
2) Understand the connection between interest rate, inflation and exchange rate, as well as the conditions for monetary policy in open economies.
3) Analyze the relationship between inflation and unemployment in the context the Philips curve.
4) Explain why economics focuses on economic growth and develop models that help us to understand which factors aid economic growth.
5) Explain fully the basic concepts, models, theories and tools used in macroeconomics.
|
| MODE OF DELIVERY | Face to face |
| PRE-REQUISITES OF THE COURSE | No |
| RECOMMENDED OPTIONAL PROGRAMME COMPONENT | None |
| COURSE DEFINITION | Within the scope of this course, basic topics in macroeconomics such as national income, inflation and unemployment are discussed and the relationships between variables are examined through macroeconomic models. |
| COURSE CONTENTS | | WEEK | TOPICS |
|---|
| 1st Week | The Science of Macroeconomics | | 2nd Week | National Income | | 3rd Week | The Monetary System | | 4th Week | Inflation | | 5th Week | The Open Economy | | 6th Week | Unemployment | | 7th Week | Economic Growth | | 8th Week | Midterm | | 9th Week | Introduction to Economic Fluctuations | | 10th Week | Aggregate Demand: Building the IS-LM Model | | 11th Week | Aggregate Demand II: Applying the IS-LM Model | | 12th Week | The Open Economy Revisited: The Mundell-Fleming Model and the Exchange Rate Regime. | | 13th Week | Aggregate Supply and the Short-Run Tradeoff Between Inflation and Unemployment. | | 14th Week | An Overview of Macroeconomic Models. |
|
| RECOMENDED OR REQUIRED READING | Mankiw, N.G.(2012), Macroeconomics, Eight edition, New York: Worth Publishers.
|
| PLANNED LEARNING ACTIVITIES AND TEACHING METHODS | Lecture,Discussion,Questions/Answers |
| ASSESSMENT METHODS AND CRITERIA | | | Quantity | Percentage(%) |
|---|
| Mid-term | 1 | 40 | | Total(%) | | 40 | | Contribution of In-term Studies to Overall Grade(%) | | 40 | | Contribution of Final Examination to Overall Grade(%) | | 60 | | Total(%) | | 100 |
|
| ECTS WORKLOAD |
| Activities |
Number |
Hours |
Workload |
| Midterm exam | 1 | 1 | 1 | | Preparation for Quiz | | | | | Individual or group work | 14 | 3 | 42 | | Preparation for Final exam | 1 | 40 | 40 | | Course hours | 13 | 3 | 39 | | Preparation for Midterm exam | 1 | 25 | 25 | | Laboratory (including preparation) | | | | | Final exam | 1 | 1 | 1 | | Homework | | | | | Total Workload | | | 148 |
|---|
| Total Workload / 30 | | | 4,93 |
|---|
| ECTS Credits of the Course | | | 5 |
|---|
|
| LANGUAGE OF INSTRUCTION | Turkish |
| WORK PLACEMENT(S) | No |
| | |
