ECOZ102 Introduction to Economics II

6 ECTS - 3-0 Duration (T+A)- 2. Semester- 3 National Credit

Information

Unit FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES
ECONOMICS PR. (ENGLISH)
Code ECOZ102
Name Introduction to Economics II
Term 2018-2019 Academic Year
Semester 2. Semester
Duration (T+A) 3-0 (T-A) (17 Week)
ECTS 6 ECTS
National Credit 3 National Credit
Teaching Language İngilizce
Level Lisans Dersi
Type Normal
Label C Compulsory
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Doç. Dr. İpek TEKİN GÖLPINAR
Course Instructor Prof.Dr. HÜSEYİN MAHİR FİSUNOĞLU (Bahar) (A Group) (Ins. in Charge)


Course Goal / Objective

Introduction to Economics II deals with macroeconomics. Subjects such as national income accounting and its determination, aggregate demand and aggregate supply, equilibrium income, fiscal policy, monetary policy, money and banking, the price level, inflation, umemployment, growth and economic fluctuations will be seen.

Course Content

National income and its determination; changes in national income, elements of public finance, money and banking, international trade, macroeconomic policy, economic growth and development. Illustrations from the Turkish economy will be given.

Course Precondition

Resources

Notes



Course Learning Outcomes

Order Course Learning Outcomes
LO01 Understand basic economic relations, think critically and apply economic reasoning in daily life decison-making process and public decisions.
LO02 Understand GDP, its components (C, I, G, X,M), the relationship among them.
LO03 Understand growth, price indexes, inflation, unemployment, business cycles and interaction among them.


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 - Explain the importance of demand and supply in economy sciece and the well-running conditions of the market economy 3
PLO01 - Explain the importance of demand and supply in economy sciece and the well-running conditions of the market economy 3
PLO01 - Explain the importance of demand and supply in economy sciece and the well-running conditions of the market economy 0
PLO01 - Explain the importance of demand and supply in economy sciece and the well-running conditions of the market economy 3
PLO02 - Define the role of pricing within the event advantage of the market economy 4
PLO02 - Define the role of pricing within the event advantage of the market economy 2
PLO02 - Define the role of pricing within the event advantage of the market economy 2
PLO02 - Define the role of pricing within the event advantage of the market economy 0
PLO03 - Define the role of the state in economy, money and financial policies, the central bank and the structure of the market 3
PLO03 - Define the role of the state in economy, money and financial policies, the central bank and the structure of the market 3
PLO03 - Define the role of the state in economy, money and financial policies, the central bank and the structure of the market 3
PLO03 - Define the role of the state in economy, money and financial policies, the central bank and the structure of the market 0
PLO04 - Perceive the costs and benefits arising from the global economy 2
PLO04 - Perceive the costs and benefits arising from the global economy 0
PLO04 - Perceive the costs and benefits arising from the global economy 1
PLO04 - Perceive the costs and benefits arising from the global economy 4
PLO05 - Produce nymerical and policy options when confronted with problems 4
PLO05 - Produce nymerical and policy options when confronted with problems 1
PLO05 - Produce nymerical and policy options when confronted with problems 3
PLO05 - Produce nymerical and policy options when confronted with problems 0
PLO06 - Use quantitative and qualitative techniques of model building, decoding and interpretation 4
PLO06 - Use quantitative and qualitative techniques of model building, decoding and interpretation 2
PLO06 - Use quantitative and qualitative techniques of model building, decoding and interpretation 3
PLO06 - Use quantitative and qualitative techniques of model building, decoding and interpretation 0
PLO07 - Use the theory of economics in the analysis of economic events 4
PLO07 - Use the theory of economics in the analysis of economic events 2
PLO07 - Use the theory of economics in the analysis of economic events 0
PLO07 - Use the theory of economics in the analysis of economic events 4
PLO08 - Use computer programs, do synthesis and present prepared data efficiently 3
PLO08 - Use computer programs, do synthesis and present prepared data efficiently 3
PLO08 - Use computer programs, do synthesis and present prepared data efficiently 3
PLO09 - Apply the methods of economic analysis. 4
PLO09 - Apply the methods of economic analysis. 2
PLO09 - Apply the methods of economic analysis. 4
PLO10 - Analyze at conceptual level and aquire abiliy in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems 2
PLO10 - Analyze at conceptual level and aquire abiliy in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems 3
PLO10 - Analyze at conceptual level and aquire abiliy in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems 3
PLO11 - Take responsibility individually and/or in a team, take leadership and work effectively 4
PLO11 - Take responsibility individually and/or in a team, take leadership and work effectively 4
PLO11 - Take responsibility individually and/or in a team, take leadership and work effectively 2
PLO12 - Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself 3
PLO12 - Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself 1
PLO12 - Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself 4
PLO13 - Use of different sources about an unfamiliar field within academic principles, synthesize gained data and present effectively 3
PLO13 - Use of different sources about an unfamiliar field within academic principles, synthesize gained data and present effectively 3
PLO13 - Use of different sources about an unfamiliar field within academic principles, synthesize gained data and present effectively 5
PLO14 - Use Turkish and at least one foreign language in accordance with the requirements of academic and work life 4
PLO14 - Use Turkish and at least one foreign language in accordance with the requirements of academic and work life 2
PLO14 - Use Turkish and at least one foreign language in accordance with the requirements of academic and work life 3
PLO15 - Understand and interpret related peoples´ feelings, thoughts and behaviours correctly; express him-/herself accurately in written and oral language 4
PLO15 - Understand and interpret related peoples´ feelings, thoughts and behaviours correctly; express him-/herself accurately in written and oral language 3
PLO15 - Understand and interpret related peoples´ feelings, thoughts and behaviours correctly; express him-/herself accurately in written and oral language 4
PLO16 - Question traditional attitudes, applications and methods, develop and apply new methods when needed. 4
PLO16 - Question traditional attitudes, applications and methods, develop and apply new methods when needed. 2
PLO16 - Question traditional attitudes, applications and methods, develop and apply new methods when needed. 3
PLO17 - Recognize and apply social, scientific and professional ethical values. 4
PLO17 - Recognize and apply social, scientific and professional ethical values. 2
PLO17 - Recognize and apply social, scientific and professional ethical values. 3


Week Plan

Week Topic Preparation Methods
1 Introduction to Macroeconomics Lecture, problem session, and case studies
2 National income Lecture, problem session, and case studies
3 The main macroeconomic issues Lecture, problem session, and case studies
4 The main macroeconomic issues Lecture, problem session, and case studies
5 The main macroeconomic issues Lecture, problem session, and case studies
6 Determining the level of income and price Lecture, problem session, and case studies
7 Determination of the income level by total expenditures Lecture, problem session, and case studies
8 Mid-term week prepare to exam
9 Public budget and fiscal policy Lecture, problem session, and case studies
10 Money and Banking Lecture, problem session, and case studies
11 Monetary Theory and Policy Lecture, problem session, and case studies
12 Inflation Lecture, problem session, and case studies
13 International Trade Lecture, problem session, and case studies
14 Current macroeconomic issues Lecture, problem session, and case studies
15 Revision Lecture, problem session, and case studies
16 Final exam prepare to exam
17 Final exam prepare to exam


Assessment (Exam) Methods and Criteria

Assessment Type Midterm / Year Impact End of Term / End of Year Impact
1. Midterm Exam 100 40
General Assessment
Midterm / Year Total 100 40
1. Final Exam - 60
Grand Total - 100


Student Workload - ECTS

Works Number Time (Hour) Workload (Hour)
Course Related Works
Class Time (Exam weeks are excluded) 14 3 42
Out of Class Study (Preliminary Work, Practice) 14 5 70
Assesment Related Works
Homeworks, Projects, Others 0 0 0
Mid-term Exams (Written, Oral, etc.) 1 15 15
Final Exam 1 30 30
Total Workload (Hour) 157
Total Workload / 25 (h) 6,28
ECTS 6 ECTS

Update Time: 01.05.2025 12:19