Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| MACROECONOMICS | PPA2210664 | 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 | 1. Students will know basic concepts and theories of both research and application in political science and public administration. | ||||||
| 2 | 2. Students will be able to analyze facts about politics, political and constitutional systems, and public administration by taking different dimensions into account. They will also be able to understand the causes of new developments and problems in these fields, find solutions for these problems, and think systematically about them. | ||||||
| 3 | 3. Students will be able to work in processes such as strategic planning, policy making, project productions, auditing, decision making, evaluation and implementation both in public and private sector, political parties, and non-governmental organizations. | ||||||
| 4 | 4. Students will be able to deal with complexities stemming from natural or social systems and uncertainties about the facts and values. | ||||||
| 5 | 5. Students will be able to take active roles in teams formed for producing solutions to the problems related to their own majors, manage activities through planning, and do academic research. | ||||||
| 6 | 6. Students will be able to collect data in their own field, analyze these data by using technology effectively, and evaluate and critically interpret them. | ||||||
| 7 | 7. Students will be able to use basic concepts and methods that the administrators would need in various fields such as economics, management, international relations, and communication. | ||||||
| 8 | 8. Students will be able to use Turkish fluently and correctly in scientific and professional studies. They will also be able to read and understand at least one foreign language. | ||||||
| 9 | 9. Being always open to learning, students will be able to evaluate the facts with a critical approach. | ||||||
| 10 | 10. Students will be able to take responsibility in developing projects on voluntary basis and actively participate in them. | ||||||
| 11 | 11. Students will act with an ethical consciousness and have a respect for to human rights. They will be open to communication with people and able to work in cooperation. | ||||||
| 12 | 12. Students will be able to constitute high performance structures in public and private institutions by using modern management methods and instruments. | ||||||
| 13 | 13. Students will be able to enable other groups and institutions to participate in policy-making processes, make decisions open to collaboration, and manage negotiation processes. | ||||||
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 | PPA2210664 | 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 | 1. Students will know basic concepts and theories of both research and application in political science and public administration. | ||||||
| 2 | 2. Students will be able to analyze facts about politics, political and constitutional systems, and public administration by taking different dimensions into account. They will also be able to understand the causes of new developments and problems in these fields, find solutions for these problems, and think systematically about them. | ||||||
| 3 | 3. Students will be able to work in processes such as strategic planning, policy making, project productions, auditing, decision making, evaluation and implementation both in public and private sector, political parties, and non-governmental organizations. | ||||||
| 4 | 4. Students will be able to deal with complexities stemming from natural or social systems and uncertainties about the facts and values. | ||||||
| 5 | 5. Students will be able to take active roles in teams formed for producing solutions to the problems related to their own majors, manage activities through planning, and do academic research. | ||||||
| 6 | 6. Students will be able to collect data in their own field, analyze these data by using technology effectively, and evaluate and critically interpret them. | ||||||
| 7 | 7. Students will be able to use basic concepts and methods that the administrators would need in various fields such as economics, management, international relations, and communication. | ||||||
| 8 | 8. Students will be able to use Turkish fluently and correctly in scientific and professional studies. They will also be able to read and understand at least one foreign language. | ||||||
| 9 | 9. Being always open to learning, students will be able to evaluate the facts with a critical approach. | ||||||
| 10 | 10. Students will be able to take responsibility in developing projects on voluntary basis and actively participate in them. | ||||||
| 11 | 11. Students will act with an ethical consciousness and have a respect for to human rights. They will be open to communication with people and able to work in cooperation. | ||||||
| 12 | 12. Students will be able to constitute high performance structures in public and private institutions by using modern management methods and instruments. | ||||||
| 13 | 13. Students will be able to enable other groups and institutions to participate in policy-making processes, make decisions open to collaboration, and manage negotiation processes. | ||||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 40 | |
| Rate of Final Exam to Success | 60 | |
| Total | 100 | |