TÜRKÇE
ENGLISH
Information
| Code | ECOZ203 |
| 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 | İngilizce |
| 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 İpek TEKİN
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
The aim of this course is, in short, 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
Yok
Resources
Mehmet Fatih Cin, Makro İktisat, Alternatif Görüşlerle Teori ve Uygulama
Notes
Erdal Ünsal, Makro İktisat
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Understand the basic information about the current macro-economic issues |
| LO02 | Analyze why problems that 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 | Understand the open-closed economy and the role of the state in the economy |
| LO06 | Explain the inflation, unemployment and growth |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the basic concepts and theorems in the fields of Econometrics, Statistics and Operations research | |
| PLO02 | Bilgi - Kuramsal, Olgusal | Acquires basic Mathematics, Statistics and Operation Research concepts | |
| PLO03 | Bilgi - Kuramsal, Olgusal | Describes the necessary concepts of Business | 4 |
| PLO04 | Beceriler - Bilişsel, Uygulamalı | Equipped with the foundations of Economics, and develops Economic models | 5 |
| PLO05 | Beceriler - Bilişsel, Uygulamalı | Models problems with Mathematics, Statistics, and Econometrics | |
| PLO06 | Beceriler - Bilişsel, Uygulamalı | Has the ability to analyze/interpret at the conceptual level to develop solutions to problems | 4 |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Collects/analyses data | 4 |
| PLO08 | Bilgi - Kuramsal, Olgusal | Interprets the results analyzed with the model | 4 |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Combines the information obtained from different sources within the framework of academic rules in a field which does not research | 4 |
| PLO10 | Beceriler - Bilişsel, Uygulamalı | It develops traditional approaches, practices and methods into new working methods when it deems necessary | 5 |
| PLO11 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Leads by taking responsibility individually and/or within the team | |
| PLO12 | Yetkinlikler - Öğrenme Yetkinliği | In addition to herself/himself professional development, constantly improves in scientific, cultural, artistic and social fields in line with interests and abilities | 4 |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, it follows the current developments in the field / constantly renews itself | |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Uses a package program of Econometrics, Statistics, and Operation Research | |
| PLO15 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Uses Turkish and at least one other foreign language, academically and in the business context | |
| PLO16 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Interprets the feelings, thoughts and behaviors of the related persons correctly/expresses himself/herself correctly in written and verbal form | |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Interprets data on current economic and social issues | 5 |
| PLO18 | Yetkinlikler - Alana Özgü Yetkinlik | Applies social, scientific and professional ethical values | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Introduction to Macroeconomics | Reading course book | Öğretim Yöntemleri: Anlatım |
| 2 | National Income Accounting | Reading course book | Öğretim Yöntemleri: Anlatım |
| 3 | Income and Expenditures | Reading course book | Öğretim Yöntemleri: Anlatım |
| 4 | Money, Interest Rate and Income | Reading course book | Öğretim Yöntemleri: Anlatım |
| 5 | Monetary and Fiscal Policies | Reading course book | Öğretim Yöntemleri: Anlatım |
| 6 | International Linkages | Reading course book | Öğretim Yöntemleri: Anlatım |
| 7 | Aggregate Demand and Supply: Introduction | Reading course book | Öğretim Yöntemleri: Anlatım |
| 8 | Mid-Term Exam | prepare to exam | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Aggregate Supply: Wages, Prices and Employment | Reading course book | Öğretim Yöntemleri: Anlatım |
| 10 | Rational Expectations Equilibrium Approach | Reading course book | Öğretim Yöntemleri: Anlatım |
| 11 | Long-Term Growth and Productivity | Reading course book | Öğretim Yöntemleri: Anlatım |
| 12 | Consumption Behaviors | Reading course book | Öğretim Yöntemleri: Anlatım |
| 13 | Saving Behaviors | Reading course book | Öğretim Yöntemleri: Anlatım |
| 14 | Investment Behavior | Reading course book | Öğretim Yöntemleri: Anlatım |
| 15 | Review I | Reading course book | Öğretim Yöntemleri: Anlatım |
| 16 | Review II | Reading cours book | Öğretim Yöntemleri: Anlatım |
| 17 | Term Exams | prepare to exam | Ölçme Yöntemleri: Yazılı 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 | ||