Description of Individual Course Units
Course Unit CodeCourse Unit TitleType of Course UnitYear of StudySemesterNumber of ECTS Credits
140400103101MACROECONOMICS-ICompulsory234
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.
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.
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.
Weekly Detailed Course Contents
WeekTheoreticalPracticeLaboratory
1Course Information Package And Course Introduction
2Macroeconomics: Economic Growth And Fluctuations
3Macroeconomics: Economic Growth And Fluctuations
4Measuring The Economy 1: Output And Balance Of Payments
5Measuring The Economy 1: Output And Balance Of Payments
6Measuring The Economy 2: Unemployment, Inflation And Exchange Rate
7Measuring The Economy 2: Unemployment, Inflation And Exchange Rate
8Planned Expenditure And Output Level: Basic Keynesian Model
9Planned Expenditure And Output Level: Basic Keynesian Model
10Planned Expenditure, Interest Rate And Output Level: IS-LM Model
11Planned Expenditure, Interest Rate And Output Level: IS-LM Model
12Monetary and Fiscal Policy
13Monetary and Fiscal Policy
14General Review
15
16
Recommended or Required Reading
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 Examination111
Final Examination122
Self Study14798
Individual Study for Mid term Examination155
Individual Study for Final Examination11515
Homework188
TOTAL WORKLOAD (hours)129
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
LO15                
LO2 4               
LO3  4              
LO4    3            
LO5      4          
LO6       4         
LO7        4        
LO8         4       
LO9          4      
LO10           4     
* 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