Course Detail

Course Description Course Outline Course Contribution to Program Qualifications Assessment Methods ECTS-Workload Detail Informations of the Course Numerical Data

Course Description

Course	Code	Semester	T+P (Hour)	Credit	ECTS
MACROECONOMICS	ILM1239540	Spring Semester	3+0	3	5

Course Program

Prerequisites Courses
Recommended Elective Courses

Language of Course	English
Course Level	First Cycle (Bachelor's Degree)
Course Type	Required
Course Coordinator	Prof.Dr. Yeter USLU
Name of Lecturer(s)
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.

Course Learning Outcomes	Teaching Methods	Assessment Methods
1.Wil be able to explains how economy works in general.	10, 14, 9	A
1.1 Explains how financial markets work.	10, 14, 9	A
1.2 Evaluate the economy in terms of national income and employment level.	10, 12, 14, 9	A
1.3 Explain the interaction between financial markets and real economy.	10, 14, 9	A
2. Will be able to take suggestions regarding economic policy.	10, 13, 14, 9	A
2.1 Evaluate the decisions made by central bank.	10, 13, 14, 9	A
2.2 Criticize the monetary policy and the fiscal policy implemented theoretically.	10, 13, 14, 9	A
2.3 Comment on the long-term economic policies required for economic development.	10, 14, 9	A
3. Will be able to analyze current economic phenomena.	10, 13, 14, 9	A
3.1 Comment on the changes in the real aggregates like economic growth and employment level.	10, 13, 14, 9	A
3.2 Discuss the influences on the economy of financial variables like exchange rate and interest rate.	10, 13, 14, 9	A
3.3 Analyze general situation of the Turkish economy in light of the changes in the economy.	10, 13, 14, 9	A
4. Will be able to compare schools of economic thought in different aspects.	10, 14, 9	A
4.1 Comment on the general approach to economics of the classical school.	10, 14, 9	A
4.2 Comment on the general approach to economics of the Keynesian school.	10, 14, 9	A
4.3 Tell the suggestions regarding economic policy of the other schools of economic thought.	10, 14, 9	A
5. Will be able to evaluate international economic developments.	10, 13, 14, 9	A
5.1 Explain the basic dynamics of developed and developing economies.	10, 13, 14, 9	A
5.2 Assess the developments in international financial markets.	10, 13, 14, 9	A
5.3 Make comments on global trade relationships.	10, 13, 14, 9	A

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

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. - Case Fair and Oster, Pearson 2016 - Principles of Economics

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
No	Program Qualification	1	2	3	4	5
1	Uluslararası lojistik ve tedarik zinciri yönetimi alanında teorik bilgileri tanımlar.		X
2	Uluslararası lojistik ve tedarik zinciri yönetimi alanında gerekli matematiksel ve istatistiki yöntemleri anlatır.		X
3	Uluslararası lojistik ve tedarik zinciri yönetimi alanında gerekli en az bir bilgisayar programını kullanır.
4	Uluslararası lojistik ve tedarik zinciri yönetimi alanında gerekli olan mesleki yabancı dil yeterliliğini gösterir.					X
5	Alanına dair projeler hazırlar ve takım çalışmalarını yönetir.		X
6	Mesleki alanda yaşam boyu öğrenmenin bilinciyle uluslararası lojistik ve tedarik zinciri yönetimi alanında gelişmeleri izleyerek kendini sürekli yenileyip edindiği bilgi ve becerileri eleştirel olarak değerlendirir.				X
7	Uluslararası lojistik ve tedarik zinciri yönetimi alanında teorik ve uygulamaya yönelik bilgileri kullanır.		X
8	En az A1 düzeyinde bir yabancı dili kullanarak güncel teknolojileri takip eder, sözlü/yazılı iletişim kurar.					X
9	Örgüt/kurumsal, iş ve toplumsal etik değerlerini benimser ve kullanır.		X
10	Topluma hizmet duyarlılığı çerçevesinde, sosyal sorumluluk ilkelerini benimser ve gerektiğinde inisiyatif alır.
11	Disiplinler arası çalışmalar yürütebilmek için farklı disiplinlerde temel bilgileri ve verileri analiz ederek alanında kullanır.					X
12	Uluslararası lojistik ve tedarik zinciri yönetimi sektörlerindeki sorunlar karşısında hem mikro hem makro çerçevede uygun öneriler sunar.				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	10	20
Term Project	0	0	0
Presentation of Project / Seminar	0	0	0
Quiz	3	5	15
Midterm Exam	1	41	41
General Exam	1	52	52
Performance Task, Maintenance Plan	0	0	0
Total Workload(Hour)			170
*Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30=(170/30)**			6
ECTS of the course: 30 hours of work is counted as 1 ECTS credit.

Detail Informations of the Course