TÜRKÇE
ENGLISH
Information
| Code | ECOZ102 |
| Name | Introduction to Economics II |
| Term | 2022-2023 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 | Dr. Öğr. Üyesi İpek TEKİN |
| Course Instructor |
Öğr. Gör.Dr. MURAT PÜTÜN
(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
The course has no prerequisites.
Resources
Case, Karl E.; Fair, Ray C. and Oster, Sharon M. (2020). Principles of Economics, Thirteenth (Global) Edition, Pearson Education.
Notes
Parkin, Michael (2016). Economics, Twelfth or Thirteenth (Global) edition, Pearson Education.
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. |
| LO04 | Defines basic macroeconomic problems such as inflation and unemployment, comprehends measurement methods. |
| LO05 | Understands the importance of economic growth. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Has the conceptual and theoretical competence to explain the phenomena in the disciplines of Political Science and International Relations. | 5 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Identifies the international and national issues by methodologies used in the disciplines of Political Science and International Relations; chooses the appropriate analysis techniques across the issues and applies the appropriate empirical studies. | |
| PLO03 | Bilgi - Kuramsal, Olgusal | Becomes skilful at following and interpreting different social areas in international and national levels and also applies the problem-solving oriented practices. | |
| PLO04 | Bilgi - Kuramsal, Olgusal | Collects, reviews and analyzes the data obtained which necessary for modelling applications in the Social Science. | |
| PLO05 | Bilgi - Kuramsal, Olgusal | Individually and/or in a team, takes responsibility, leadership, and works effectively. | |
| PLO06 | Beceriler - Bilişsel, Uygulamalı | In recognition of the need for lifelong learning, follows the latest developments in the field and improves himself/herself. | 5 |
| PLO07 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Uses Turkish, and at least one more foreign language, in accordance with the requirements of academic and work life. | 5 |
| PLO08 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Understands and interprets the feelings, thoughts and behaviors of related persons correctly; and expresses himself/herself in written and oral forms accurately. | |
| PLO09 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Improves his/herself constantly by defining educational requirements considering interests and talents in scientific, cultural, art and social fields besides career development. | 5 |
| PLO10 | Yetkinlikler - Öğrenme Yetkinliği | Questions traditional approaches, practices and methods; and develops and applies new study methods if necessary. | |
| PLO11 | Yetkinlikler - Öğrenme Yetkinliği | Recognizes and implements social, scientific and professional ethical values. | |
| PLO12 | Yetkinlikler - Öğrenme Yetkinliği | Develops skills of defining and analyzing the international, regional and national oriented issues, producing appropriate conflict-resolution techniques and negotiation skills. | |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | Develops critical thinking skills. | 5 |
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 -1 | Lecture, problem session, and case studies | |
| 4 | The main macroeconomic issues -2 | Lecture, problem session, and case studies | |
| 5 | The main macroeconomic issues - 3 | 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 | Term paper | Preparation for the term paper presentation |
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 | ||