| Course Type | Elective Course |
|---|
| Course Level | Bachelor's Degree |
|---|
| Year of Study | - |
|---|
| Semester | - |
|---|
| ECTS | 5 |
|---|
| Name of Lecturer(s) |
- |
| Learning Outcomes |
At the end of this course, the students;
- Grasp the purpose and calculation methods of national income accounting.
- Understand the relationship between interest rates, inflation, and exchange rates, along with the impact of monetary policy in an open economy on these variables.
- Analyze the relationship between inflation and unemployment within the framework of the Phillips curve approach.
- Learn the models explaining why economics emphasizes economic growth and the factors contributing to it.
- Explain the tools, theories, models, and fundamental concepts used in macroeconomics.
|
| Mode of Delivery | Face to face |
|---|
| Prerequisites | No |
|---|
| Recommended Optional Programme Components | None |
|---|
| Course Description | This course addresses core macroeconomic topics such as national income, inflation, and unemployment. Relationships between variables are analyzed through macroeconomic models, with a focus on concepts like economic growth and monetary policies. |
|---|
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
Purpose and scope of the course |
|
2nd Week |
National income accounting |
|
3rd Week |
Monetary system |
|
4th Week |
Inflation |
|
5th Week |
Open economy |
|
6th Week |
Unemployment |
|
7th Week |
Economic growth |
|
8th Week |
Midterm exam |
|
9th Week |
Introduction to economic fluctuations |
|
10th Week |
Aggregate demand: formulation of the IS-LM model |
|
11th Week |
Aggregate demand: application of the IS-LM model |
|
12th Week |
Open economy: Mundell-Fleming model and exchange rate regimes |
|
13th Week |
Aggregate supply and the trade-off between inflation and unemployment in the short run |
|
14th Week |
Overview of macroeconomic models |
|
| Recommended or Required Reading | Mankiw, N. G. (2012). Macroeconomics (8th ed.). New York: Worth Publishers. |
|---|
| Planned Learning Activities and Teaching Methods |
- Lecture
- Discussion
- Questions/Answers
|
|---|
| Assessment Methods and Criteria |
|
Quantity |
Percentage (%) |
| Mid-term |
1 |
40 |
| Total(%) |
|
40 |
| Contribution of In-term Studies to Overall Grade(%) |
|
40 |
| Contribution of Final Examination to Overall Grade(%) |
|
60 |
| Total(%) |
|
100 |
|
| ECTS Allocated Based on Student Workload |
| Activities |
Quantity |
Duration (Hour) |
Total Workload (Hour) |
| Midterm exam |
1 |
1 |
1 |
| Preparation for Quiz |
|
|
|
| Individual or group work |
14 |
3 |
42 |
| Preparation for Final exam |
1 |
40 |
40 |
| Course hours |
13 |
3 |
39 |
| Preparation for Midterm exam |
1 |
25 |
25 |
| Laboratory (including preparation) |
|
|
|
| Final exam |
1 |
1 |
1 |
| Homework |
|
|
|
| Total Work Load | 148 |
| Total Work Load / 30 (h) | 4.93 |
| ECTS Credit of the Course | 5 |
|
| Language of Instruction | Turkish |
|---|
| Work Placement(s) | No |
|---|
