Description of Individual Course Units
Course Unit CodeCourse Unit TitleType of Course UnitYear of StudySemesterNumber of ECTS Credits
İKT-23-108MACRO ECONOMICS POLICIESElective116
Level of Course Unit
Second Cycle
Objectives of the Course
It is to discuss how the economy works as a whole, how it comes to equilibrium, what non-equilibrium situations can be and alternative solutions.
Name of Lecturer(s)
Doç. Dr. Serkan KÜNÜ
Learning Outcomes
11 Can derive aggregate demand (AD) and aggregate supply (AS) lines based on alternative model assumptions. 2 Will be able to comparatively explain and discuss the AD and AS lines derived from alternative macro models. 3 Will be able to explain and comparatively discuss the effects of monetary and fiscal policies on basic macro variables, primarily output. 4 Will be able to comprehend the similarities and differences of the economic policy in the case of a closed or open country. 5 Will be able to explain and discuss macroeconomic relationship patterns and balancing processes in an open economy. 6 Will be able to explain and discuss macroeconomic relationship patterns and balancing processes while alternative capital mobility and exchange rate regimes are in effect. 7 Will be able to explain the effects of monetary and fiscal policies on basic macro variables, especially output, while alternative capital mobility and exchange rate regimes are in effect. 8 Will be able to analyze current economic debates using alternative macro model approaches. 9 Different countries, periods, opportunities, conditions, etc. of the same or similar policy set. can realize that it can produce different results depending on the factors. 10 Will be able to comprehend the importance, difficulties and risks of economic policy in an open small country.
Mode of Delivery
Daytime Class
Prerequisites and co-requisities
Recommended Optional Programme Components
Course Contents
1.342 / 5.000 Çeviri sonuçları 1 Can derive aggregate demand (AD) and aggregate supply (AS) lines based on alternative model assumptions. 2 Will be able to comparatively explain and discuss the AD and AS lines derived from alternative macro models. 3 Will be able to explain and comparatively discuss the effects of monetary and fiscal policies on basic macro variables, primarily output. 4 Will be able to comprehend the similarities and differences of the economic policy in the case of a closed or open country. 5 Will be able to explain and discuss macroeconomic relationship patterns and balancing processes in an open economy. 6 Will be able to explain and discuss macroeconomic relationship patterns and balancing processes while alternative capital mobility and exchange rate regimes are in effect. 7 Will be able to explain the effects of monetary and fiscal policies on basic macro variables, especially output, while alternative capital mobility and exchange rate regimes are in effect. 8 Will be able to analyze current economic debates using alternative macro model approaches. 9 Different countries, periods, opportunities, conditions, etc. of the same or similar policy set. can realize that it can produce different results depending on the factors. 10 Will be able to comprehend the importance, difficulties and risks of economic policy in an open small country.
Weekly Detailed Course Contents
WeekTheoreticalPracticeLaboratory
11 Planned level of expenditure and revenue; Planned expenditure, interest rate and revenue level 2 Monetary and fiscal policy 3 Total demand and aggregate supply 4 Output and price level 5 Inflation, output and unemployment 6 Inflation, output and unemployment 7 Total expenditure and output in an open economy 8 Mundell-Fleming models 9 Total demand, aggregate supply in an open economy 10 Total expenditure and output in an open economy 11 Mundell-Fleming models 12 Aggregate demand, aggregate supply in an open economy 13 Research paper presentation 14 General repetition
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 Activities50
End Of Term (or Year) Learning Activities50
SUM100
Language of Instruction
Turkish
Work Placement(s)
Workload Calculation
ActivitiesNumberTime (hours)Total Work Load (hours)
Midterm Examination122
Final Examination122
Attending Lectures15252
Question-Answer11515
Field Work11515
Seminar11515
Criticising Paper11515
Self Study12020
Individual Study for Mid term Examination11515
Individual Study for Final Examination11515
TOTAL WORKLOAD (hours)166
Contribution of Learning Outcomes to Programme Outcomes
PO
1
LO15
* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High
 
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