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.
Course Learning Outcomes
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.
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
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
BAN1224270
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. İrfan ERSİN
Name of Lecturer(s)
Assoc.Prof. Nihal KALAYCI OFLAZ
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.
Course Learning Outcomes
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.
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
