TÜRKÇE
ENGLISH
Information
| Code | İKT704 |
| Name | Macroeconomics |
| Term | 2022-2023 Academic Year |
| Term | Spring |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 7 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Yüksek Lisans Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Dr. Öğr. Üyesi MUSTAFA ILDIRAR |
| Course Instructor |
1 |
Course Goal / Objective
The aim of this course is to teach the structure of the economy in terms of aggregate economic variables, to make the students examine the structure and historical background of macroeconomics and learn advanced level macroeconomic knowledge.
Course Content
This course covers Scope of Development Macroeconomics, Historical Background of Macroeconomics, Economic Structure and Macroeconomics, Aggregate Accounts, Production, and Market Structure, Behavioural Functions, The Government Budget and Fiscal Management, Macroeconomic Effects of Fiscal Policy, Financial Markets and the Transmission Process of Monetary Policy, A Framework for Monetary Policy Analysis, Inflation Targeting and Interest Rate Rules, Choosing an Exchange-Rate Regime, Open Economy Macroeconomics
Course Precondition
There are no prerequisites.
Resources
Makroiktisat-Alternatif Görüşlerle Teori ve Uygulama-Mustafa Kemal Doğru , Mehmet Fatih Cin (Karahan Kitabevi)
Notes
Makroiktisat-Alternatif Görüşlerle Teori ve Uygulama-Mustafa Kemal Doğru , Mehmet Fatih Cin (Karahan Kitabevi)
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Applies the methods of economic analysis. |
| LO02 | Provides information on the Components of a Simple Keynesian Model |
| LO03 | İnformation about IS-LM model working |
| LO04 | Analyzes inflation, exchange rate and unemployment relations. |
| LO05 | Analysis of inflation, unemployment and exchange rate relations is provided. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Gains expertise in economics. | 3 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Specifies the role of the market economy, the price advantage of the event. | 3 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Explains basic macroeconomic problems such as unemployment, inflation, current account deficit and policies to solve these problems based on scientific sources. | 5 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Faces with challenges, produces a numerical and policy options. | 4 |
| PLO05 | Bilgi - Kuramsal, Olgusal | Builds, decodes and interprets models by using quantitative and qualitative techniques | 3 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Learning the application of programme packages like SAS, RATS, SPSS, TSP, Win BUGS, EViews, etc to do analyses of empirical data. | |
| PLO07 | Bilgi - Kuramsal, Olgusal | Uses the theory of economics in analyzing the economic events | 4 |
| PLO08 | Bilgi - Kuramsal, Olgusal | Acquires the ability of analyzing in the conceptual level ,compares interprets, evaluates and synthesizes ideas in order to develop solutions to the problems. | 4 |
| PLO09 | Bilgi - Kuramsal, Olgusal | Takes responsibility individually and / or in a team,leads a team and works effectively | 4 |
| PLO10 | Bilgi - Kuramsal, Olgusal | With the awareness of the necessity of life-long learning, follows the latest developments about his field and improves himself | 5 |
| PLO11 | Bilgi - Kuramsal, Olgusal | Speaks Turkish, and at least one other foreign language in accordance with the requirements of academic and business life. | |
| PLO12 | Bilgi - Kuramsal, Olgusal | Questions traditional approaches, implementations, and methods ;develops and practises alternative study programs when required | 3 |
| PLO13 | Beceriler - Bilişsel, Uygulamalı | Knows where and how to find all scientific resources and data to do her research. | 4 |
| PLO14 | Beceriler - Bilişsel, Uygulamalı | Understands the necessity and importance of research in social sciences. | 5 |
| PLO15 | Beceriler - Bilişsel, Uygulamalı | Understands the relationship between economics and other branches of science. | 5 |
| PLO16 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Expresses himself/herself accurately, both orally and in writing. | 5 |
| PLO17 | Yetkinlikler - Öğrenme Yetkinliği | Recognize and apply social, scientific and professional ethical values. | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Scope of Development Macroeconomics | Reading course book | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 2 | Historical Background of Macroeconomics | Reading course book | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 3 | Economic Structure and Macroeconomics: Economical features of developing countries | Reading course book | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 4 | Aggregate Accounts, Production, and Market Structure | Reading course book | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 5 | Aggregate Accounts, Production, and Market Structure 2 | Reading course book | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 6 | Behavioural Functions, The Government Budget and Fiscal Management | Reading course book | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 7 | Macroeconomic Effects of Fiscal Policy | Reading course book | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 8 | Mid-Term Exam | Mid-term Exam | Ölçme Yöntemleri: Yazılı Sınav, Sözlü Sınav |
| 9 | Financial Markets and the Transmission Process of Monetary Policy | Reading course book | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 10 | A Framework for Monetary Policy Analysis | Reading course book | Öğretim Yöntemleri: Anlatım |
| 11 | A Framework for Monetary Policy Analysis 2 | Reading course book | Öğretim Yöntemleri: Anlatım |
| 12 | Inflation Targeting and Interest Rate Rules | Reading course book | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 13 | Choosing an Exchange-Rate Regime | Reading course book | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 14 | Choosing an Exchange-Rate Regime II: The Role of Shocks, Contractionary Effects, and Moral Hazard | Reading course book | Öğretim Yöntemleri: Anlatım |
| 15 | Open Economy Macroeconomics | Reading course book | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 16 | Term Exams | Final Exam | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | Final Exam | Ölçme Yöntemleri: Yazılı Sınav, Sözlü Sınav |
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 | 2 | 5 | 10 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 18 | 18 |
| Final Exam | 1 | 30 | 30 |
| Total Workload (Hour) | 170 | ||
| Total Workload / 25 (h) | 6,80 | ||
| ECTS | 7 ECTS | ||