Lesson Detail
| Code | Name | Type | Year | Semester | ECTS |
| 704002022015 | Macro Economics | Zorunlu | 2 | 4 | 4.00 |
Objectives of the Course
The purpose of this course is analyzing the functioning of economic mechanisms by defining economic concepts which used to describe economic events, and internalizing rational behaviors when taking economic decisions both in work life and personal life.
Name of Lecturer(s)
Dr. Öğretim Üyesi Neşe ALGAN ÇAPRAZ
Learning Outcomes
| 1 | Explains the basic concepts of macroeconomics. |
| 2 | Explains the formation of national income balance with the elements of national income. |
| 3 | Analyzes current economic events and macroeconomic issues. |
| 4 | Evaluates the role of the state in the economy and monetary and fiscal policies effects on economic life. |
| 5 | Internalizes rational behaviors when taking economic decisions. |
Mode of Delivery
Dr. Öğretim Üyesi Neşe ALGAN ÇAPRAZ
Prerequisites and co-requisities
None
Recommended Optional Programme Components
None
Course Contents
Includes basic concepts, national accounting system, real and nominal GDP, economic growth and methods of measurement, the definition and calculation of inflation, the types of unemployment and problems, internal and external debt problem, aggregate demand and aggregate supply, monetary and fiscal policies, causes of the economic crises, re-establishing methods for the deteriorating macro-economic balance caused by economic crisis, monetary theory and policy, international trade theories, balanceof payments and exchange rate.
Weekly Detailed Course Contents
| 1 | Basic Concepts, Circular Flow of the Economy |
| 2 | Calculation of National Income and Outcome |
| 3 | Real GDP, Nominal GDP and the Calculation of GDP Deflator |
| 4 | Determination of Income and Price Level: Aggregate Demand-Aggregate Supply |
| 5 | Determination of Income and Price Level: Total Revenues-Total Expenditures |
| 6 | Multiplier and Accelerator Mechanisms |
| 7 | Midterm Exam Week |
| 8 | Midterm Exam Week |
| 9 | Central Bank |
| 10 | Monetary and Fiscal Policies |
| 11 | Inflation, Employment and Unemployment |
| 12 | International Trade Theory and Policy |
| 13 | Foreign Exchange Market and Balance of Payments |
| 14 | Economic Growth and Development |
| 15 | Final Exam Week |
| 16 | Final Exam Week |
Recommended or Required Reading
Lectures NotesErtek, Tümay, Macroeconomics, Beta Publishing, 2008.
Assessment Methods and Criteria
| Yarıyıl (Yıl) İçi Etkinlikleri | 40 |
| Yarıyıl (Yıl) Sonu Etkinlikleri | 60 |
| 100 |
Language of Instruction
Turkish
Work Placement(s)
None
Workload Calculation
| Activities | Count | WORKLOAD (hours) | TOTAL WORKLOAD (hours) |
|---|---|---|---|
| Ara Sınav | 1 | 1 | 1 |
| Final Sınav | 1 | 1 | 1 |
| Derse Katılım | 13 | 2 | 26 |
| Ara Sınav İçin Bireysel Çalışma | 1 | 25 | 25 |
| Final Sınavı içiin Bireysel Çalışma | 1 | 27 | 27 |
| 10 | 4 | 40 | |
| 120 |