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) | Lect.Dr. Beyhan İNCEKARA |
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 basic concepts of banking and insurance. | X | |||||
2 | Describes the mathematical and statistical methods of banking and insurance | ||||||
3 | Uses the computer programs needed in banking and insurance | ||||||
4 | Uses the professional foreign language proficiency required in banking and insurance | ||||||
5 | Prepares the project and manage the teamworks | X | |||||
6 | Uses the theoretical and practical knowledge of the banking and insurance. | X | |||||
7 | Constantly evaluates itself by following the developments in science and technology with the importance of lifelong learning | X | |||||
8 | Uses verbal and written communication skills using the latest technologies and at least one foreign language | X | |||||
9 | Accepts ethical values and social rights and applies them | X | |||||
10 | Analyzes and discusses using the data of banking and insurance | X | |||||
11 | Uses the information on the other disciplines that can provide support for theoretical studies in banking and insurance (economics, law, business, etc.) | X | |||||
12 | Offers micro and macro suggestions on the problems in the banking and insurance sector | X |
Assessment Methods
Contribution Level | Absolute Evaluation | |
Rate of Midterm Exam to Success | 50 | |
Rate of Final Exam to Success | 50 | |
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) | Lect.Dr. Beyhan İNCEKARA |
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 basic concepts of banking and insurance. | X | |||||
2 | Describes the mathematical and statistical methods of banking and insurance | ||||||
3 | Uses the computer programs needed in banking and insurance | ||||||
4 | Uses the professional foreign language proficiency required in banking and insurance | ||||||
5 | Prepares the project and manage the teamworks | X | |||||
6 | Uses the theoretical and practical knowledge of the banking and insurance. | X | |||||
7 | Constantly evaluates itself by following the developments in science and technology with the importance of lifelong learning | X | |||||
8 | Uses verbal and written communication skills using the latest technologies and at least one foreign language | X | |||||
9 | Accepts ethical values and social rights and applies them | X | |||||
10 | Analyzes and discusses using the data of banking and insurance | X | |||||
11 | Uses the information on the other disciplines that can provide support for theoretical studies in banking and insurance (economics, law, business, etc.) | X | |||||
12 | Offers micro and macro suggestions on the problems in the banking and insurance sector | X |
Assessment Methods
Contribution Level | Absolute Evaluation | |
Rate of Midterm Exam to Success | 50 | |
Rate of Final Exam to Success | 50 | |
Total | 100 |