Course Detail
Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| MACROECONOMICS | INT1210664 | Spring Semester | 3+0 | 3 | 5 |
| Course Program | Salı 10:00-10:45 Salı 11:00-11:45 Salı 12:00-12:45 |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | English |
| Course Level | First Cycle (Bachelor's Degree) |
| Course Type | Required |
| Course Coordinator | Assist.Prof. Osman Zeki GÖKÇE |
| Name of Lecturer(s) | Assist.Prof. Hakan YILDIZ |
| 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. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1. Explain how the economy works in general. | 10, 14, 9 | A, G |
| 1.1 Tell how financial markets work. | 10, 14, 9 | |
| 1.2 Evaluate the economy in terms of national income and employment level. | 10, 12, 14, 9 | |
| 1.3 Explain the interaction between financial markets and real economy. | 10, 14, 9 | |
| 2. Take suggestions regarding economic policy. | 10, 13, 14, 9 | |
| 2.1 Evaluate the decisions made by the central bank | 10, 13, 14, 9 | |
| 2.2 Criticize the monetary policy and the fiscal policy implemented theoretically | 10, 13, 14, 9 | |
| 2.3 Comment on the long-term economic policies required for economic development. | 10, 14, 9 | |
| 3. Analyze current economic phenomena. | 10, 13, 14, 9 | |
| 3.1 Comment on the changes in the real aggregates like economic growth and employment level. | 10, 13, 14, 9 | |
| 3.2 Discuss the influences of financial variables like exchange and interest rates on the economy. | 10, 13, 14, 9 | |
| 3.3 Analyze the general situation of the Turkish economy in light of the changes in the economy. | 10, 13, 14, 9 | |
| 4. Compare schools of economic thought in different aspects. | 10, 14, 9 | |
| 4.1 Comment on the general approach to economics of the classical school. | 10, 14, 9 | |
| 4.2 Comment on the general approach to economics of the Keynesian school. | 10, 14, 9 | |
| 4.3 Tell the suggestions regarding economic policy of the other schools of economic thought | 10, 14, 9 | |
| 5. Evaluate international economic developments. | 10, 13, 14, 9 | |
| 5.1 Explain the basic dynamics of developed and developing economies. | 10, 13, 14, 9 | |
| 5.2 Assess the developments in international financial markets | 10, 13, 14, 9 | |
| 5.3 Make comments on global trade relationships. | 10, 13, 14, 9 |
| 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, G: Quiz |
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. 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 | PC1. Students know the fundamental concepts, theories, research methods and analysis techniques used in the fields and sub-fields of Political Science and International relations. | X | |||||
| 2 | PC2. Students understand the political, economic, social, and cultural relations among political systems, international actors, states and non-state actors; analyzes the reasons for the issues and problems in these fields, develop skills for systematic and critical thinking for alternative solutions. | X | |||||
| 3 | PC3. Students of the program will be able to work at public and private institutions, international organizations, and non-governmental organizations. They will be able to involve in the foreign policy making, analysis, and implementation processes; manage project implementations, and shoulder responsibilities at different positions of decision-making processes. The multi-disciplinary perspective they have developed in the program facilitates following solution-oriented perspective at times of crisis, evaluating existing resolutions and developing new alternatives. | X | |||||
| 4 | PC4. Students will be able to conduct scientific research in the fields and sub-fields of political science and international relations, analyze the results and report the findings to stakeholders. | X | |||||
| 5 | PC5. Students will be able to conduct scientific research in the fields and sub-fields of political science and international relations, analyze the results and make scientific publications. | X | |||||
| 6 | PC6. Students will be able to work as group leader in public and private institutions, plan and administer events and activities. | X | |||||
| 7 | PC7. As a result of development of critical thinking, students stay open to change and development; adopt never-ending learning principle to their life. | X | |||||
| 8 | PC8. Students use the appropriate oral and written language skills and adopt professional ethics in their communication while sharing results, analyses, and solution suggestions with colleagues and stakeholders | X | |||||
| 9 | PC9. Students use English language skills in research and fields of expertise; easily follow international developments and communicates with international stakeholders. | X | |||||
| 10 | PC10. Students use fundamental computer skills in communication with colleagues and stakeholders. | X | |||||
| 11 | PC11. Students will be able to lead decision-making mechanisms, involve in policy making and analysis processes, and manage negotiation processes in public and private institutions. | X | |||||
| 12 | PC12. Students will be able to develop original and scientific solutions and knowledge in their fields of expertise, create projects and act as a consultant to decision-making mechanisms. | X | |||||
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 | 0 | 0 | 0 | |||
| Guided Problem Solving | 0 | 0 | 0 | |||
| Resolution of Homework Problems and Submission as a Report | 0 | 0 | 0 | |||
| Term Project | 0 | 0 | 0 | |||
| Presentation of Project / Seminar | 0 | 0 | 0 | |||
| Quiz | 0 | 0 | 0 | |||
| Midterm Exam | 0 | 0 | 0 | |||
| General Exam | 0 | 0 | 0 | |||
| Performance Task, Maintenance Plan | 0 | 0 | 0 | |||
| Total Workload(Hour) | 0 | |||||
| Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(0/30) | 0 | |||||
| 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 | INT1210664 | Spring Semester | 3+0 | 3 | 5 |
| Course Program | Salı 10:00-10:45 Salı 11:00-11:45 Salı 12:00-12:45 |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | English |
| Course Level | First Cycle (Bachelor's Degree) |
| Course Type | Required |
| Course Coordinator | Assist.Prof. Osman Zeki GÖKÇE |
| Name of Lecturer(s) | Assist.Prof. Hakan YILDIZ |
| 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. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1. Explain how the economy works in general. | 10, 14, 9 | A, G |
| 1.1 Tell how financial markets work. | 10, 14, 9 | |
| 1.2 Evaluate the economy in terms of national income and employment level. | 10, 12, 14, 9 | |
| 1.3 Explain the interaction between financial markets and real economy. | 10, 14, 9 | |
| 2. Take suggestions regarding economic policy. | 10, 13, 14, 9 | |
| 2.1 Evaluate the decisions made by the central bank | 10, 13, 14, 9 | |
| 2.2 Criticize the monetary policy and the fiscal policy implemented theoretically | 10, 13, 14, 9 | |
| 2.3 Comment on the long-term economic policies required for economic development. | 10, 14, 9 | |
| 3. Analyze current economic phenomena. | 10, 13, 14, 9 | |
| 3.1 Comment on the changes in the real aggregates like economic growth and employment level. | 10, 13, 14, 9 | |
| 3.2 Discuss the influences of financial variables like exchange and interest rates on the economy. | 10, 13, 14, 9 | |
| 3.3 Analyze the general situation of the Turkish economy in light of the changes in the economy. | 10, 13, 14, 9 | |
| 4. Compare schools of economic thought in different aspects. | 10, 14, 9 | |
| 4.1 Comment on the general approach to economics of the classical school. | 10, 14, 9 | |
| 4.2 Comment on the general approach to economics of the Keynesian school. | 10, 14, 9 | |
| 4.3 Tell the suggestions regarding economic policy of the other schools of economic thought | 10, 14, 9 | |
| 5. Evaluate international economic developments. | 10, 13, 14, 9 | |
| 5.1 Explain the basic dynamics of developed and developing economies. | 10, 13, 14, 9 | |
| 5.2 Assess the developments in international financial markets | 10, 13, 14, 9 | |
| 5.3 Make comments on global trade relationships. | 10, 13, 14, 9 |
| 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, G: Quiz |
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. 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 | PC1. Students know the fundamental concepts, theories, research methods and analysis techniques used in the fields and sub-fields of Political Science and International relations. | X | |||||
| 2 | PC2. Students understand the political, economic, social, and cultural relations among political systems, international actors, states and non-state actors; analyzes the reasons for the issues and problems in these fields, develop skills for systematic and critical thinking for alternative solutions. | X | |||||
| 3 | PC3. Students of the program will be able to work at public and private institutions, international organizations, and non-governmental organizations. They will be able to involve in the foreign policy making, analysis, and implementation processes; manage project implementations, and shoulder responsibilities at different positions of decision-making processes. The multi-disciplinary perspective they have developed in the program facilitates following solution-oriented perspective at times of crisis, evaluating existing resolutions and developing new alternatives. | X | |||||
| 4 | PC4. Students will be able to conduct scientific research in the fields and sub-fields of political science and international relations, analyze the results and report the findings to stakeholders. | X | |||||
| 5 | PC5. Students will be able to conduct scientific research in the fields and sub-fields of political science and international relations, analyze the results and make scientific publications. | X | |||||
| 6 | PC6. Students will be able to work as group leader in public and private institutions, plan and administer events and activities. | X | |||||
| 7 | PC7. As a result of development of critical thinking, students stay open to change and development; adopt never-ending learning principle to their life. | X | |||||
| 8 | PC8. Students use the appropriate oral and written language skills and adopt professional ethics in their communication while sharing results, analyses, and solution suggestions with colleagues and stakeholders | X | |||||
| 9 | PC9. Students use English language skills in research and fields of expertise; easily follow international developments and communicates with international stakeholders. | X | |||||
| 10 | PC10. Students use fundamental computer skills in communication with colleagues and stakeholders. | X | |||||
| 11 | PC11. Students will be able to lead decision-making mechanisms, involve in policy making and analysis processes, and manage negotiation processes in public and private institutions. | X | |||||
| 12 | PC12. Students will be able to develop original and scientific solutions and knowledge in their fields of expertise, create projects and act as a consultant to decision-making mechanisms. | X | |||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 40 | |
| Rate of Final Exam to Success | 60 | |
| Total | 100 | |