TÜRKÇE
ENGLISH
Information
| Code | IKZ203 |
| Name | Macroeconomics I |
| Term | 2023-2024 Academic Year |
| Semester | 3. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 7 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. MEHMET FATİH CİN |
| Course Instructor |
Dr. Öğr. Üyesi ALMILA BURGAÇ ÇİL
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
The aim of this course is to explain macro-economic problems such as unemployment, inflation, price level, economic stability and growth and their solutions.
Course Content
Definition of Macroeconomics, National Income Calculations, Relationship Between Income and Expenditure, Money, Interest and Income, Monetary and Fiscal Policies, International Connections and Open Macroeconomics, Aggregate Demand and Aggregate Supply, Wages, Prices and Employment, Rational Expectations, General Equilibrium Theory, Growth and Productivity in The Long Run
Course Precondition
There are no course prerequisites.
Resources
N. Gregory Mankiw- Macroeconomics
Notes
Erdal Ünsal, Makro İktisat
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Be familiar with basic information about the current macro-economic issues |
| LO02 | Analyze why problems that fundamental macroeconomics try to solve are important |
| LO03 | Be familiar with the basic analytical tools of macroeconomics and to show how to use these tools |
| LO04 | Be able to think analytically and explain it to third parties in an effective way |
| LO05 | Explain the inflation, unemployment and growth |
| LO06 | Learn the differences between open - closed economy and the role of the state in the economy |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the importance of demand and supply in economy science and the well-running conditions of the market economy | 4 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Define the role of pricing within the event advantage of the market economy. | 5 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Define the role of the state in economy, money and financial policies, the central bank and the structure of the market. | 5 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Perceive the costs and benefits arising from the global economy | 4 |
| PLO05 | Bilgi - Kuramsal, Olgusal | Produce numerical and policy options when confronted with problems. | 5 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Use quantitative and qualitative techniques of model building, decoding and interpretation. | |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Use the theory of economics in the analysis of economic events. | 5 |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Use computer programs, do synthesis and present prepared data efficiently. | |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Apply the methods of economic analysis. | 4 |
| PLO10 | Bilgi - Kuramsal, Olgusal | Analyze at conceptual level and acquires ability in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems | |
| PLO11 | Beceriler - Bilişsel, Uygulamalı | Use of different sources about an unfamiliar field within academic principles, synthesize gained data and presents effectively. | 5 |
| PLO12 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Take responsibility individually and / or in a team, take leadership and work effectively. | |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself.. | |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Use Turkish and at least one foreign language in accordance with the requirements of academic and work life. | |
| PLO15 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Understand and interpret related people´s feelings, thoughts, and behaviours correctly; expresse him-/herself accurately in written and oral language. | |
| PLO16 | Yetkinlikler - Alana Özgü Yetkinlik | Question traditional approaches, practices and methods. | 4 |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Recognize and apply social, scientific and professional ethical values. | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Introduction to Macroeconomics | Reading course book | |
| 2 | National Income Accounts | Reading course book | |
| 3 | Income and Expenditures | Reading course book | |
| 4 | Money, Interest Rate and Income | Reading course book | |
| 5 | Monetary and Fiscal Policies | Reading course book | |
| 6 | International Linkages | Reading course book | |
| 7 | Aggregate Demand and Supply: Introduction | Reading course book | |
| 8 | Mid-Term Exam | prepare to exam | |
| 9 | Aggregate Supply: Wages, Prices and Employment | Reading course book | |
| 10 | Rational Expectations Equilibrium Approach | Reading course book | |
| 11 | Long-Term Growth and Productivity | Reading course book | |
| 12 | Consumption Behaviors | Reading course book | |
| 13 | Saving Behaviors | Reading course book | |
| 14 | Investment Behavior | Reading course book | |
| 15 | Review 1 | Reading course book | |
| 16 | Review 2 | Reading course book | |
| 17 | Term Exams | prepare to exam |
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 | ||