Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | 140400103101 | MACROECONOMICS-I | Compulsory | 2 | 3 | 4 |
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Level of Course Unit |
First Cycle |
Objectives of the Course |
This course aims to provide a simple and short presentation functioning of economy at the macro level. In this context, concepts and models of the basic macroeconomic are introduced and the impacts of monetary and fiscal policies on economy are examined.
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Name of Lecturer(s) |
Dr. SERKAN KÜNÜ |
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, how (by which means) 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 the 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 within the framework of different assumptions | 7 | (He/She) knows how aggregate demand and supply are formed. | 8 | (He/She) knows how price and output change within the framework of different models. | 9 | (He/She) can explain the relations among Inflation, unemployment and output. | 10 | (He/She) knows what macro balance means and how macro balance can be achieved under the assumptions of different capital movements and exchange rate in open economies. |
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Mode of Delivery |
Daytime Class |
Prerequisites and co-requisities |
None |
Recommended Optional Programme Components |
None |
Course Contents |
Macroeconomics attempts to explain how to determine the macroeconomics variables such as unemployment rate, real output growth rate, inflation rate. These variables are also studied how progresses in time with the developed conjuncture and theories of the development.
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Weekly Detailed Course Contents |
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1 | Course Information Package And Course Introduction
| | | 2 | Macroeconomics: Economic Growth And Fluctuations
| | | 3 | Macroeconomics: Economic Growth And Fluctuations
| | | 4 | Measuring The Economy 1: Output And Balance Of Payments
| | | 5 | Measuring The Economy 1: Output And Balance Of Payments
| | | 6 | Measuring The Economy 2: Unemployment, Inflation And Exchange Rate
| | | 7 | Measuring The Economy 2: Unemployment, Inflation And Exchange Rate
| | | 8 | Planned Expenditure And Output Level: Basic Keynesian Model
| | | 9 | Planned Expenditure And Output Level: Basic Keynesian Model
| | | 10 | Planned Expenditure, Interest Rate And Output Level: IS-LM Model
| | | 11 | Planned Expenditure, Interest Rate And Output Level: IS-LM Model
| | | 12 | Monetary and Fiscal Policy
| | | 13 | Monetary and Fiscal Policy
| | | 14 | General Review
| | | 15 | | | | 16 | | | |
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Recommended or Required Reading |
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Planned Learning Activities and Teaching Methods |
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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 |
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Workload Calculation |
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Midterm Examination | 1 | 1 | 1 |
Final Examination | 1 | 2 | 2 |
Self Study | 14 | 7 | 98 |
Individual Study for Mid term Examination | 1 | 5 | 5 |
Individual Study for Final Examination | 1 | 15 | 15 |
Homework | 1 | 8 | 8 |
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Contribution of Learning Outcomes to Programme Outcomes |
LO1 | 5 | | | | | | | | | | | | | | | | | LO2 | | 4 | | | | | | | | | | | | | | | | LO3 | | | 4 | | | | | | | | | | | | | | | LO4 | | | | | 3 | | | | | | | | | | | | | LO5 | | | | | | | 4 | | | | | | | | | | | LO6 | | | | | | | | 4 | | | | | | | | | | LO7 | | | | | | | | | 4 | | | | | | | | | LO8 | | | | | | | | | | 4 | | | | | | | | LO9 | | | | | | | | | | | 4 | | | | | | | LO10 | | | | | | | | | | | | 4 | | | | | |
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* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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Iğdır University, Iğdır / TURKEY • Tel (pbx): +90 476
226 13 14 • e-mail: info@igdir.edu.tr
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