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Description of Individual Course UnitsCourse Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | 190400104102 | MACRO ECONOMICS- II | Compulsory | 2 | 4 | 6 |
| Level of Course Unit | First Cycle | Objectives of the Course | The course includes simple and a short presentation of accumulation of information about how the economy has been committed at the macro level. In this context, concepts and models of the basic macroeconomic are introduced, monetary and fiscal policies aimed to teach the effects on the economy.
| Name of Lecturer(s) | | Learning Outcomes | 1 | - (He/She) can explain the basic macroeconomics concepts such as Inflation, Unemployment, Product and Growth. | 2 | - (He/She) knows the publication schedule, what means and how to calculate the basic macroeconomics variables such as Inflation, Unemployment, Product and Growth. | 3 | - (He/She) knows the basic objectives and tools of macroeconomics. | 4 | - (He/She) knows development process of macroeconomics and important contributions to this process. | 5 | - (He/She) knows vision, assumptions, analysis and policy recommendations of Classical and Keynesian schools. | 6 | - (He/She) can analyze the effects of monetary and fiscal policies on the economy at the framework of different assumptions. | 7 | - (He/She) knows how to consist of aggregate demand and supply. | 8 | - (He/She) knows how price and output has changed at the framework of different models. | 9 | - (He/She) can explain the relationships between Inflation, unemployment and output. | 10 | - (He/She) knows what macro balance means and how to macro balance can be achieved under assumptions of different capital movements and exchange rate. |
| Mode of Delivery | Daytime Class | Prerequisites and co-requisities | None | Recommended Optional Programme Components | None | Course Contents | Macroeconomics examines macro topics such as national income, money, banking, inflation, balance of payments, interest rate, exchange rate, public deficits and economic growth.
| Weekly Detailed Course Contents | |
1 | A Brief Summary of Macroeconomics I
| | | 2 | Aggregate Demand and Aggregate Supply
| | | 3 | Aggregate Demand and Aggregate Supply
| | | 4 | Output and Price Levels: Alternative Macro Models
| | | 5 | Output and Price Levels: Alternative Macro Models
| | | 6 | Inflation, Unemployment-Output: DAS, DAD and Phillips Analysis
| | | 7 | Total Planned Expenditure and Output Level in the Open Economies
| | | 8 | Macro Balance: Mundel Fleming Model in the Open Economies
| | | 9 | Micro Basics: Consumption
| | | 10 | Micro Basics: INVESTMENT
| | | 11 | Micro Basics: Money Demand
| | | 12 | Micro Basics: Money Supply and Monetary Policy
| | | 13 | Budget Deficits and Government Debt
| | | 14 | Twin Deficits; what you know or not?; Four Important Lessons of Macroeconomics and Unanswered Four Questions
| | | 15 | | | | 16 | | | |
| Recommended or Required Reading | Erdal Ünsal, Makro İktisat, İmaj, 8. Baskı, İstanbul.
• N. Gregory Mankiw, Makroekonomi, Çev. Edt.: Ö. Faruk ÇOLAK, Eflatun, 1. Baskı, İstanbul. • K. Yıldırım, D. Karaman ve M. Taşdemir, Makroekonomi, Seçkin, 5. Baskı, Ankara. • Rudiger DORNBUSCH ve Stanley FİSCHER, Makro Ekonomi, Akademi Yayınevi, Ankara. • Ö.F.Çolak, Makroekonomik Göstergelerin Yorumlanması, Eflatun, 1. Baskı, İstanbul. • B. Felder ve S. Homburg, Makro İktisat ve Yeni Makro İktisat, Eflatun, 1. Basım, İstanbul. | Planned Learning Activities and Teaching Methods | | Assessment Methods and Criteria | |
Midterm Examination | 1 | 100 | SUM | 100 | |
Final Examination | 1 | 100 | SUM | 100 | Term (or Year) Learning Activities | 40 | End Of Term (or Year) Learning Activities | 60 | SUM | 100 |
| Language of Instruction | Turkish | Work Placement(s) | None |
| Workload Calculation | |
Midterm Examination | 1 | 15 | 15 | Final Examination | 1 | 15 | 15 | Self Study | 14 | 8 | 112 | Individual Study for Mid term Examination | 1 | 15 | 15 | Individual Study for Final Examination | 1 | 20 | 20 | Homework | 1 | 15 | 15 | |
Contribution of Learning Outcomes to Programme Outcomes | LO1 | 4 | | | | | | | | | | | | | | | | | LO2 | | 5 | | | | | | | | | | | | | | | | LO3 | | | 5 | | | | | | | | | | | | | | | LO4 | | | | 5 | | | | | | | | | | | | | | LO5 | | | | | 5 | | | | | | | | | | | | | LO6 | | | | | | 5 | | | | | | | | | | | | LO7 | | | | | | | 4 | | | | | | | | | | | LO8 | | | | | | | | 5 | | | | | | | | | | LO9 | | | | | | | | | 5 | | | | | | | | | LO10 | | | | | | | | | | 5 | | | | | | | |
| * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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