Course Detail
Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| MACROECONOMICS | HM1239540 | Spring Semester | 3+0 | 3 | 5 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | English |
| Course Level | First Cycle (Bachelor's Degree) |
| Course Type | Required |
| Course Coordinator | Prof.Dr. Yeter USLU |
| Name of Lecturer(s) | Assoc.Prof. Erman GEDİKLİ |
| Assistant(s) | |
| Aim | This course aims to explain the dynamics of a national economy and how the related policies are formulated in light of basic economic principles. |
| Course Content | This course contains; Introduction to macroeconomics,Calculating national income,Economic growth,Money, saving, investment and financial system,Inflation,Money supply and demand,Labor market and unemployment,Aggregate demand in the goods and money markets,Aggregate supply and the equilibrium price level,Financial crises,Fiscal and monetary policy,International trade,International finance,Alternative views in Macroeconomics. |
| Course Learning Outcomes | Teaching Methods | Assessment Methods |
| 1.Wil be able to explains how economy works in general. | 10, 14, 9 | A |
| 1.1 Explains how financial markets work. | 10, 14, 9 | A |
| 1.2 Evaluate the economy in terms of national income and employment level. | 10, 12, 14, 9 | A |
| 1.3 Explain the interaction between financial markets and real economy. | 10, 14, 9 | A |
| 2. Will be able to take suggestions regarding economic policy. | 10, 13, 14, 9 | A |
| 2.1 Evaluate the decisions made by central bank. | 10, 13, 14, 9 | A |
| 2.2 Criticize the monetary policy and the fiscal policy implemented theoretically. | 10, 13, 14, 9 | A |
| 2.3 Comment on the long-term economic policies required for economic development. | 10, 14, 9 | A |
| 3. Will be able to analyze current economic phenomena. | 10, 13, 14, 9 | A |
| 3.1 Comment on the changes in the real aggregates like economic growth and employment level. | 10, 13, 14, 9 | A |
| 3.2 Discuss the influences on the economy of financial variables like exchange rate and interest rate. | 10, 13, 14, 9 | A |
| 3.3 Analyze general situation of the Turkish economy in light of the changes in the economy. | 10, 13, 14, 9 | A |
| 4. Will be able to compare schools of economic thought in different aspects. | 10, 14, 9 | A |
| 4.1 Comment on the general approach to economics of the classical school. | 10, 14, 9 | A |
| 4.2 Comment on the general approach to economics of the Keynesian school. | 10, 14, 9 | A |
| 4.3 Tell the suggestions regarding economic policy of the other schools of economic thought. | 10, 14, 9 | A |
| 5. Will be able to evaluate international economic developments. | 10, 13, 14, 9 | A |
| 5.1 Explain the basic dynamics of developed and developing economies. | 10, 13, 14, 9 | A |
| 5.2 Assess the developments in international financial markets. | 10, 13, 14, 9 | A |
| 5.3 Make comments on global trade relationships. | 10, 13, 14, 9 | A |
| Teaching Methods: | 10: Discussion Method, 12: Problem Solving Method, 13: Case Study Method, 14: Self Study Method, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | Introduction to macroeconomics | |
| 2 | Calculating national income | |
| 3 | Economic growth | |
| 4 | Money, saving, investment and financial system | |
| 5 | Inflation | |
| 6 | Money supply and demand | |
| 7 | Labor market and unemployment | |
| 8 | Aggregate demand in the goods and money markets | |
| 9 | Aggregate supply and the equilibrium price level | |
| 10 | Financial crises | |
| 11 | Fiscal and monetary policy | |
| 12 | International trade | |
| 13 | International finance | |
| 14 | Alternative views in Macroeconomics |
| Resources |
| - Daron Acemoglu, David Laibson John list, "Economics", Pearson. - Case Fair and Oster, Pearson 2016 - Principles of Economics |
| Karl E. Case et al. , Principles of Economics, Pearson USA |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | PQ-1. Learns the national health conditions and the development, implementation and performance evaluation of appropriate health policies, as well as the theoretical and practical knowledge of organization and management of the health sector. | ||||||
| 2 | PQ-2. Knows and uses theoretical and practical knowledge on business world and management with a critical approach to plan, organize and lead health and health service providers at national and international level. | ||||||
| 3 | PQ-3. Identifies the relevant job roles in subdivisions of health system organizations and learns about their duties and responsibilities. | ||||||
| 4 | PQ-4. Knows the social, environmental and behavioral factors related to the development of public and individual health. | ||||||
| 5 | PQ-5. Applies the knowledge and skills on management of health institutions to manage the functions such as management, production, human resources, finance, accounting, marketing, patient and public relations, quality and patient safety, occupational health and safety, information technologies. | ||||||
| 6 | PQ-6. Analyzes the information on health management scientifically and interprets their results, creates innovative, ethical, socially responsible and sustainable solutions, by using quantitative, qualitative techniques and digital technology innovatively for problem solving and exploiting opportunities in health management. | ||||||
| 7 | PQ-7. Decide independently and demonstrates leadership qualities in identifying health management problems, develops proposals for solutions, applies them effectively and efficiently and assesses outcomes. | ||||||
| 8 | PQ-8. Takes responsibility as an individual and/or team member to solve the problems encountered in managing health institutions. | ||||||
| 9 | PQ-9. Evaluates the personality, culture and behavioral characteristics of the health institutions’ employees and directs them towards the aims of the institution. | ||||||
| 10 | PQ-10. Decides on and applies different ways of accessing information. | ||||||
| 11 | PQ-11. Continuously develops their professional knowledge and skills; be open to change, innovation, entrepreneurship and lifelong learning. | ||||||
| 12 | PQ-12. Shares the views and suggestions on health management issues in writing and orally with stakeholders and communicates effectively with colleagues using an English level of at least European Language Portfolio B1 General. | ||||||
| 13 | PQ-13. Solves problems using effective communication methods, has the ability to use the language in written and oral communication in a correct and proper manner using the terminology of health institutions. | ||||||
| 14 | PQ-14. Uses information and communication technologies and computer software at least at the European Computer Use License level. | ||||||
| 15 | PQ-15. Yönetim felsefesini ve yönetimin fonksiyonlarını her bir birime uygun olacak biçimde yönetim uygulamalarına yansıtır. | ||||||
| 16 | PQ-16. Birey olarak dış görünüm olumlu tutum ve davranışlarıyla kuruma örnek olur; sürekli gelişme ve değişime açıktır. | ||||||
| 17 | PQ-17. Sağlık yönetimi ile ilgili hukuki düzenlemeler ile toplumsal, bilimsel, mesleki etik ilkelere uygun, ülke ya da dünya genelinde genel sağlık sorunlarına duyarlı davranır, çözüm önerilerini yorumlar ve değerlendirir. | ||||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 40 | |
| Rate of Final Exam to Success | 60 | |
| Total | 100 | |
| ECTS / Workload Table | ||||||
| Activities | Number of | Duration(Hour) | Total Workload(Hour) | |||
| Course Hours | 14 | 3 | 42 | |||
| Guided Problem Solving | 0 | 0 | 0 | |||
| Resolution of Homework Problems and Submission as a Report | 2 | 10 | 20 | |||
| Term Project | 0 | 0 | 0 | |||
| Presentation of Project / Seminar | 0 | 0 | 0 | |||
| Quiz | 3 | 5 | 15 | |||
| Midterm Exam | 1 | 41 | 41 | |||
| General Exam | 1 | 52 | 52 | |||
| Performance Task, Maintenance Plan | 0 | 0 | 0 | |||
| Total Workload(Hour) | 170 | |||||
| Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(170/30) | 6 | |||||
| ECTS of the course: 30 hours of work is counted as 1 ECTS credit. | ||||||
Detail Informations of the Course
Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| MACROECONOMICS | HM1239540 | Spring Semester | 3+0 | 3 | 5 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | English |
| Course Level | First Cycle (Bachelor's Degree) |
| Course Type | Required |
| Course Coordinator | Prof.Dr. Yeter USLU |
| Name of Lecturer(s) | Assoc.Prof. Erman GEDİKLİ |
| Assistant(s) | |
| Aim | This course aims to explain the dynamics of a national economy and how the related policies are formulated in light of basic economic principles. |
| Course Content | This course contains; Introduction to macroeconomics,Calculating national income,Economic growth,Money, saving, investment and financial system,Inflation,Money supply and demand,Labor market and unemployment,Aggregate demand in the goods and money markets,Aggregate supply and the equilibrium price level,Financial crises,Fiscal and monetary policy,International trade,International finance,Alternative views in Macroeconomics. |
| Course Learning Outcomes | Teaching Methods | Assessment Methods |
| 1.Wil be able to explains how economy works in general. | 10, 14, 9 | A |
| 1.1 Explains how financial markets work. | 10, 14, 9 | A |
| 1.2 Evaluate the economy in terms of national income and employment level. | 10, 12, 14, 9 | A |
| 1.3 Explain the interaction between financial markets and real economy. | 10, 14, 9 | A |
| 2. Will be able to take suggestions regarding economic policy. | 10, 13, 14, 9 | A |
| 2.1 Evaluate the decisions made by central bank. | 10, 13, 14, 9 | A |
| 2.2 Criticize the monetary policy and the fiscal policy implemented theoretically. | 10, 13, 14, 9 | A |
| 2.3 Comment on the long-term economic policies required for economic development. | 10, 14, 9 | A |
| 3. Will be able to analyze current economic phenomena. | 10, 13, 14, 9 | A |
| 3.1 Comment on the changes in the real aggregates like economic growth and employment level. | 10, 13, 14, 9 | A |
| 3.2 Discuss the influences on the economy of financial variables like exchange rate and interest rate. | 10, 13, 14, 9 | A |
| 3.3 Analyze general situation of the Turkish economy in light of the changes in the economy. | 10, 13, 14, 9 | A |
| 4. Will be able to compare schools of economic thought in different aspects. | 10, 14, 9 | A |
| 4.1 Comment on the general approach to economics of the classical school. | 10, 14, 9 | A |
| 4.2 Comment on the general approach to economics of the Keynesian school. | 10, 14, 9 | A |
| 4.3 Tell the suggestions regarding economic policy of the other schools of economic thought. | 10, 14, 9 | A |
| 5. Will be able to evaluate international economic developments. | 10, 13, 14, 9 | A |
| 5.1 Explain the basic dynamics of developed and developing economies. | 10, 13, 14, 9 | A |
| 5.2 Assess the developments in international financial markets. | 10, 13, 14, 9 | A |
| 5.3 Make comments on global trade relationships. | 10, 13, 14, 9 | A |
| Teaching Methods: | 10: Discussion Method, 12: Problem Solving Method, 13: Case Study Method, 14: Self Study Method, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | Introduction to macroeconomics | |
| 2 | Calculating national income | |
| 3 | Economic growth | |
| 4 | Money, saving, investment and financial system | |
| 5 | Inflation | |
| 6 | Money supply and demand | |
| 7 | Labor market and unemployment | |
| 8 | Aggregate demand in the goods and money markets | |
| 9 | Aggregate supply and the equilibrium price level | |
| 10 | Financial crises | |
| 11 | Fiscal and monetary policy | |
| 12 | International trade | |
| 13 | International finance | |
| 14 | Alternative views in Macroeconomics |
| Resources |
| - Daron Acemoglu, David Laibson John list, "Economics", Pearson. - Case Fair and Oster, Pearson 2016 - Principles of Economics |
| Karl E. Case et al. , Principles of Economics, Pearson USA |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | PQ-1. Learns the national health conditions and the development, implementation and performance evaluation of appropriate health policies, as well as the theoretical and practical knowledge of organization and management of the health sector. | ||||||
| 2 | PQ-2. Knows and uses theoretical and practical knowledge on business world and management with a critical approach to plan, organize and lead health and health service providers at national and international level. | ||||||
| 3 | PQ-3. Identifies the relevant job roles in subdivisions of health system organizations and learns about their duties and responsibilities. | ||||||
| 4 | PQ-4. Knows the social, environmental and behavioral factors related to the development of public and individual health. | ||||||
| 5 | PQ-5. Applies the knowledge and skills on management of health institutions to manage the functions such as management, production, human resources, finance, accounting, marketing, patient and public relations, quality and patient safety, occupational health and safety, information technologies. | ||||||
| 6 | PQ-6. Analyzes the information on health management scientifically and interprets their results, creates innovative, ethical, socially responsible and sustainable solutions, by using quantitative, qualitative techniques and digital technology innovatively for problem solving and exploiting opportunities in health management. | ||||||
| 7 | PQ-7. Decide independently and demonstrates leadership qualities in identifying health management problems, develops proposals for solutions, applies them effectively and efficiently and assesses outcomes. | ||||||
| 8 | PQ-8. Takes responsibility as an individual and/or team member to solve the problems encountered in managing health institutions. | ||||||
| 9 | PQ-9. Evaluates the personality, culture and behavioral characteristics of the health institutions’ employees and directs them towards the aims of the institution. | ||||||
| 10 | PQ-10. Decides on and applies different ways of accessing information. | ||||||
| 11 | PQ-11. Continuously develops their professional knowledge and skills; be open to change, innovation, entrepreneurship and lifelong learning. | ||||||
| 12 | PQ-12. Shares the views and suggestions on health management issues in writing and orally with stakeholders and communicates effectively with colleagues using an English level of at least European Language Portfolio B1 General. | ||||||
| 13 | PQ-13. Solves problems using effective communication methods, has the ability to use the language in written and oral communication in a correct and proper manner using the terminology of health institutions. | ||||||
| 14 | PQ-14. Uses information and communication technologies and computer software at least at the European Computer Use License level. | ||||||
| 15 | PQ-15. Yönetim felsefesini ve yönetimin fonksiyonlarını her bir birime uygun olacak biçimde yönetim uygulamalarına yansıtır. | ||||||
| 16 | PQ-16. Birey olarak dış görünüm olumlu tutum ve davranışlarıyla kuruma örnek olur; sürekli gelişme ve değişime açıktır. | ||||||
| 17 | PQ-17. Sağlık yönetimi ile ilgili hukuki düzenlemeler ile toplumsal, bilimsel, mesleki etik ilkelere uygun, ülke ya da dünya genelinde genel sağlık sorunlarına duyarlı davranır, çözüm önerilerini yorumlar ve değerlendirir. | ||||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 40 | |
| Rate of Final Exam to Success | 60 | |
| Total | 100 | |