Course Detail
Course Description
Course | Code | Semester | T+P (Hour) | Credit | ECTS |
---|---|---|---|---|---|
MACROECONOMICS | - | Spring Semester | 3+0 | 3 | 5 |
Course Program |
Prerequisites Courses | |
Recommended Elective Courses |
Language of Course | Turkish |
Course Level | First Cycle (Bachelor's Degree) |
Course Type | Required |
Course Coordinator | Assoc.Prof. Kenan DEMİR |
Name of Lecturer(s) | |
Assistant(s) | |
Aim | This lecture 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,Inflation,Unemployment,Aggregate Expenditures and Equilibrium,Fiscal Policy,Money Market and Monetary Policy,AS-AD Model I: Aggregate Demand,AS-AD Model II: Aggregate Supply,International Trade,International Finance and Economic Crises,Alternative Views in Macro Economics,Turkish Economy. |
Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
1. Will be able to explain in general how the economy works. | 10, 16, 9 | A |
1.1. Explains how financial markets run. | 10, 16, 9 | A |
1.2. Analyzes the economy in terms of national income and employment level. | 10, 16, 9 | A |
1.3. Explains the interaction between financial markets and real economy. | 10, 16, 9 | A |
2. Will be able to make suggestions regarding economic policy. | 10, 16, 9 | A |
2.1. Evaluates the decisions made by the central bank. | 10, 16, 9 | A |
2.2. Criticizes the monetary policy implemented theoretically. | 10, 16, 9 | A |
2.3. Evaluates the fiscal policy applied by the government. | 10, 16, 9 | A |
2.4. Comments on the long-term economic policies required for economic development. | 10, 16, 9 | A |
3. Will be able to analyze current economic events. | 10, 16, 9 | A |
3.1. Comments on the changes in the real aggregates such as economic growth and employment level. | 10, 16, 9 | A |
3.2. Discusses the influences on the economy of financial variables such as exchange rate and interest rate. | 10, 16, 9 | A |
3.3. Analyzes general situation of the Turkish economy in light of the changes. | 10, 16, 9 | A |
4. Will be able to compare economic schools from various aspects. | 10, 16, 9 | A |
4.1. Comments on the general approach to economics of the classical school. | 10, 16, 9 | A |
4.2. Comments on the general approach to economics of the Keynesian school. | 10, 16, 9 | A |
4.3. Tells the suggestions regarding economic policy of the other schools of economic thought. | 10, 16, 9 | A |
4.4. Explains in what subjects schools of economic thought have conflicting or overlapping opinions. | 10, 16, 9 | A |
5. Will be able to evaluate international economic developments. | 10, 16, 9 | A |
5.1. Explains the basic dynamics of developed and developing economies. | 10, 16, 9 | A |
5.2. Assesses the developments in international financial markets. | 10, 16, 9 | A |
5.3. Makes comments on global trade relationships. | 10, 16, 9 | A |
Teaching Methods: | 10: Discussion Method, 16: Question - Answer Technique, 9: Lecture Method |
Assessment Methods: | A: Traditional Written Exam |
Course Outline
Order | Subjects | Preliminary Work |
---|---|---|
1 | Introduction To Macroeconomics | Reading relevant chapter in the textbook |
2 | Calculating National Income | Reading relevant chapter in the textbook |
3 | Economic Growth | Reading relevant chapter in the textbook |
4 | Inflation | Reading relevant chapter in the textbook |
5 | Unemployment | Reading relevant chapter in the textbook |
6 | Aggregate Expenditures and Equilibrium | Reading relevant chapter in the textbook |
7 | Fiscal Policy | Reading relevant chapter in the textbook |
8 | Money Market and Monetary Policy | Reading relevant chapter in the textbook |
9 | AS-AD Model I: Aggregate Demand | Reading relevant chapter in the textbook |
10 | AS-AD Model II: Aggregate Supply | Reading relevant chapter in the textbook |
11 | International Trade | Reading relevant chapter in the textbook |
12 | International Finance and Economic Crises | Reading relevant chapter in the textbook |
13 | Alternative Views in Macro Economics | Reading relevant chapter in the textbook |
14 | Turkish Economy | Reading relevant chapter in the textbook |
Resources |
Karl E. Case vd, Ekonominin İlkeleri, Palme Yayıncılık, Ankara, 2010. |
1. Case, Fair and Oster, Principles of Economics, Pearson, 2019 2. Krugman and Welles, Macroeconomics The MIT Press, 2012 3. Begg, Vernasca, Fischer and Dornbusch, Economics. McGraw-Hill Education, 2020 4. Abel, Bernanke, Croushore, Makro Ekonomi, 9 th Edition, Efil Press, 2017 |
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications | |||||||
No | Program Qualification | Contribution Level | |||||
1 | 2 | 3 | 4 | 5 | |||
1 | Defines the theoretical knowledge in the field of aviation management. | ||||||
2 | Explains the necessary of mathematical and statistical methods in the field of aviation management. | ||||||
3 | Uses at least one computer program required in the field of aviation management. | ||||||
4 | Demonstrates proficiency in foreign language proficiency required in the field of aviation management. | ||||||
5 | Prepares projects about his field and manages team works. | ||||||
6 | It critically evaluates the knowledge and skills that it constantly renews and acquires by following the developments in the field of Aviation management with the awareness of lifelong learning in the professional field, | ||||||
7 | Uses theoretical and practical information in the field of aviation management. | ||||||
8 | Follows up to date technologies and communicates verbally/writing using a foreign language at least A2 level. | ||||||
9 | Adopts and uses organizational / corporate, business and social ethical values. | ||||||
10 | It adopts social responsibility principles and takes initiative when necessary, within the framework of public service sensitivity. | ||||||
11 | In order to carry out interdisciplinary studies, analyze basic information and data in different disciplines and use them in the field. | ||||||
12 | It offers appropriate suggestions in both micro and macro frameworks in the face of problems in the aviation management sectors. |
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 | 5 | 10 | |||
Term Project | 1 | 15 | 15 | |||
Presentation of Project / Seminar | 0 | 0 | 0 | |||
Quiz | 2 | 10 | 20 | |||
Midterm Exam | 1 | 26 | 26 | |||
General Exam | 1 | 37 | 37 | |||
Performance Task, Maintenance Plan | 0 | 0 | 0 | |||
Total Workload(Hour) | 150 | |||||
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(150/30) | 5 | |||||
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 | - | Spring Semester | 3+0 | 3 | 5 |
Course Program |
Prerequisites Courses | |
Recommended Elective Courses |
Language of Course | Turkish |
Course Level | First Cycle (Bachelor's Degree) |
Course Type | Required |
Course Coordinator | Assoc.Prof. Kenan DEMİR |
Name of Lecturer(s) | |
Assistant(s) | |
Aim | This lecture 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,Inflation,Unemployment,Aggregate Expenditures and Equilibrium,Fiscal Policy,Money Market and Monetary Policy,AS-AD Model I: Aggregate Demand,AS-AD Model II: Aggregate Supply,International Trade,International Finance and Economic Crises,Alternative Views in Macro Economics,Turkish Economy. |
Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
1. Will be able to explain in general how the economy works. | 10, 16, 9 | A |
1.1. Explains how financial markets run. | 10, 16, 9 | A |
1.2. Analyzes the economy in terms of national income and employment level. | 10, 16, 9 | A |
1.3. Explains the interaction between financial markets and real economy. | 10, 16, 9 | A |
2. Will be able to make suggestions regarding economic policy. | 10, 16, 9 | A |
2.1. Evaluates the decisions made by the central bank. | 10, 16, 9 | A |
2.2. Criticizes the monetary policy implemented theoretically. | 10, 16, 9 | A |
2.3. Evaluates the fiscal policy applied by the government. | 10, 16, 9 | A |
2.4. Comments on the long-term economic policies required for economic development. | 10, 16, 9 | A |
3. Will be able to analyze current economic events. | 10, 16, 9 | A |
3.1. Comments on the changes in the real aggregates such as economic growth and employment level. | 10, 16, 9 | A |
3.2. Discusses the influences on the economy of financial variables such as exchange rate and interest rate. | 10, 16, 9 | A |
3.3. Analyzes general situation of the Turkish economy in light of the changes. | 10, 16, 9 | A |
4. Will be able to compare economic schools from various aspects. | 10, 16, 9 | A |
4.1. Comments on the general approach to economics of the classical school. | 10, 16, 9 | A |
4.2. Comments on the general approach to economics of the Keynesian school. | 10, 16, 9 | A |
4.3. Tells the suggestions regarding economic policy of the other schools of economic thought. | 10, 16, 9 | A |
4.4. Explains in what subjects schools of economic thought have conflicting or overlapping opinions. | 10, 16, 9 | A |
5. Will be able to evaluate international economic developments. | 10, 16, 9 | A |
5.1. Explains the basic dynamics of developed and developing economies. | 10, 16, 9 | A |
5.2. Assesses the developments in international financial markets. | 10, 16, 9 | A |
5.3. Makes comments on global trade relationships. | 10, 16, 9 | A |
Teaching Methods: | 10: Discussion Method, 16: Question - Answer Technique, 9: Lecture Method |
Assessment Methods: | A: Traditional Written Exam |
Course Outline
Order | Subjects | Preliminary Work |
---|---|---|
1 | Introduction To Macroeconomics | Reading relevant chapter in the textbook |
2 | Calculating National Income | Reading relevant chapter in the textbook |
3 | Economic Growth | Reading relevant chapter in the textbook |
4 | Inflation | Reading relevant chapter in the textbook |
5 | Unemployment | Reading relevant chapter in the textbook |
6 | Aggregate Expenditures and Equilibrium | Reading relevant chapter in the textbook |
7 | Fiscal Policy | Reading relevant chapter in the textbook |
8 | Money Market and Monetary Policy | Reading relevant chapter in the textbook |
9 | AS-AD Model I: Aggregate Demand | Reading relevant chapter in the textbook |
10 | AS-AD Model II: Aggregate Supply | Reading relevant chapter in the textbook |
11 | International Trade | Reading relevant chapter in the textbook |
12 | International Finance and Economic Crises | Reading relevant chapter in the textbook |
13 | Alternative Views in Macro Economics | Reading relevant chapter in the textbook |
14 | Turkish Economy | Reading relevant chapter in the textbook |
Resources |
Karl E. Case vd, Ekonominin İlkeleri, Palme Yayıncılık, Ankara, 2010. |
1. Case, Fair and Oster, Principles of Economics, Pearson, 2019 2. Krugman and Welles, Macroeconomics The MIT Press, 2012 3. Begg, Vernasca, Fischer and Dornbusch, Economics. McGraw-Hill Education, 2020 4. Abel, Bernanke, Croushore, Makro Ekonomi, 9 th Edition, Efil Press, 2017 |
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications | |||||||
No | Program Qualification | Contribution Level | |||||
1 | 2 | 3 | 4 | 5 | |||
1 | Defines the theoretical knowledge in the field of aviation management. | ||||||
2 | Explains the necessary of mathematical and statistical methods in the field of aviation management. | ||||||
3 | Uses at least one computer program required in the field of aviation management. | ||||||
4 | Demonstrates proficiency in foreign language proficiency required in the field of aviation management. | ||||||
5 | Prepares projects about his field and manages team works. | ||||||
6 | It critically evaluates the knowledge and skills that it constantly renews and acquires by following the developments in the field of Aviation management with the awareness of lifelong learning in the professional field, | ||||||
7 | Uses theoretical and practical information in the field of aviation management. | ||||||
8 | Follows up to date technologies and communicates verbally/writing using a foreign language at least A2 level. | ||||||
9 | Adopts and uses organizational / corporate, business and social ethical values. | ||||||
10 | It adopts social responsibility principles and takes initiative when necessary, within the framework of public service sensitivity. | ||||||
11 | In order to carry out interdisciplinary studies, analyze basic information and data in different disciplines and use them in the field. | ||||||
12 | It offers appropriate suggestions in both micro and macro frameworks in the face of problems in the aviation management sectors. |
Assessment Methods
Contribution Level | Absolute Evaluation | |
Rate of Midterm Exam to Success | 40 | |
Rate of Final Exam to Success | 60 | |
Total | 100 |