Description of Individual Course Units
Course Unit CodeCourse Unit TitleType of Course UnitYear of StudySemesterNumber of ECTS Credits
190400104102MACRO ECONOMICS- IICompulsory246
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
WeekTheoreticalPracticeLaboratory
1A Brief Summary of Macroeconomics I
2Aggregate Demand and Aggregate Supply
3Aggregate Demand and Aggregate Supply
4Output and Price Levels: Alternative Macro Models
5Output and Price Levels: Alternative Macro Models
6Inflation, Unemployment-Output: DAS, DAD and Phillips Analysis
7Total Planned Expenditure and Output Level in the Open Economies
8Macro Balance: Mundel Fleming Model in the Open Economies
9Micro Basics: Consumption
10Micro Basics: INVESTMENT
11Micro Basics: Money Demand
12Micro Basics: Money Supply and Monetary Policy
13Budget Deficits and Government Debt
14Twin 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
Term (or Year) Learning ActivitiesQuantityWeight
Midterm Examination1100
SUM100
End Of Term (or Year) Learning ActivitiesQuantityWeight
Final Examination1100
SUM100
Term (or Year) Learning Activities40
End Of Term (or Year) Learning Activities60
SUM100
Language of Instruction
Turkish
Work Placement(s)
None
Workload Calculation
ActivitiesNumberTime (hours)Total Work Load (hours)
Midterm Examination11515
Final Examination11515
Self Study148112
Individual Study for Mid term Examination11515
Individual Study for Final Examination12020
Homework11515
TOTAL WORKLOAD (hours)192
Contribution of Learning Outcomes to Programme Outcomes
PO
1		PO
2		PO
3		PO
4		PO
5		PO
6		PO
7		PO
8		PO
9		PO
10		PO
11		PO
12		PO
13		PO
14		PO
15		PO
16		PO
17
LO14                
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
 
Iğdır University, Iğdır / TURKEY • Tel (pbx): +90 476 226 13 14 • e-mail: info@igdir.edu.tr