INTERPRETATION OF MACROECONOMIC INDICATORS

TBS335

Course Code: TBS335
Semester: -
Theory+Practice: 3 + 0
ECTS: 5

Course Type

Elective Course

Course Level

Bachelor's Degree

Year of Study

Semester

ECTS

Name of Lecturer(s)

Assistant Professor Nihat Dağıstan

Learning Outcomes

At the end of this course, the students;

Learn how to access national macroeconomic indicators.
Understand how main macroeconomic indicators are calculated, by which institutions, and through which methods.
Analyze and understand the causal relationships between macroeconomic indicators using fundamental concepts, models, theories, and tools used in macroeconomics.
Correctly evaluate the current state of the Turkish economy using statistical data.

Mode of Delivery

Face to face

Prerequisites

Recommended Optional Programme Components

None

Course Description

The course comprehensively analyzes the conceptual and theoretical framework of basic macroeconomic indicators and those related to the Turkish economy, as well as the causal relationships between them.

Course Contents

WEEK	TOPICS
1^st Week	Overview of the course purpose and scope, gross domestic product, and national income
2^nd Week	Analysis of the labor market
3^rd Week	Inflation and price indices
4^th Week	Other data used in real sector analysis
5^th Week	Analysis of the business cycle and indicators
6^th Week	Analysis of the financial system
7^th Week	Balance of payments and current account deficit
8^th Week	Midterm exam
9^th Week	Analysis of fiscal policy
10^th Week	Analysis of monetary policy
11^th Week	Surveys revealing macroeconomic policies and expectations
12^th Week	Crisis and the Turkish economy
13^th Week	Analysis of development statistics
14^th Week	Forecasting methods for economic indicators

Recommended or Required Reading

Lecture notes

Karaca, O. (2018). Ekonomide Geleceği Okumak (1st ed.). İstanbul: Türkmen Kitabevi.

Arzova, S.B., Atakişi, A., & Ekmekçi, U. (2020). Endekslerle Türkiye Ekonomisi (1st ed.). İstanbul: Remzi Kitabevi.

Alkaçar, B. (2016). Verilerin Dili: Ekonomiyi Nasıl Okumalıyız? Türkiye Bankalar Birliği, Yayın No: 316, İstanbul.

Akyıldız, F. (2017). Göstergeler Ne Anlatır? Türkiye İçin İktisadi Göstergeler Rehberi (1st ed.). İstanbul: Bilgi Üniversitesi Yayınları.

Türkoğlu, F. (2018). Ekonomiyle İlgili Her Şey (1st ed.). İstanbul: Optimist Yayın Grubu.

Eğilmez, M. (2016). Ekonomide Analiz: Örnek Olaylar ve Çözümler (1st ed.). İstanbul: Remzi Kitabevi.

Çolak, Ö.F., & Aktaş, A. (2010). Makro Ekonomik Göstergelerin Yorumlanması (2nd ed.). Ankara: Efil Yayınevi.

Çepni, E. (2015). Ekonomik ve Finansal Göstergeler Rehberi (7th ed.). Ankara: Seçkin Yayıncılık.

Baumohl, B. (2013). The Secrets of Economic Indicators: Hidden Clues to Future Economic Trends and Investment Opportunities (3rd ed.). Pearson Education, Inc.

Planned Learning Activities and Teaching Methods

Lecture
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	14	3	42
Preparation for Midterm exam	1	25	25
Laboratory (including preparation)
Final exam	1	1	1
Homework
Total Work Load			151
Total Work Load / 30 (h)			5.03
ECTS Credit of the Course			5

Language of Instruction

Turkish

Work Placement(s)

Programme Qualifications / Learning Outcomes

	LO1	LO2	LO3	LO4
K1	X	X	X	X
K2
K3	X	X	X	X
K4	X	X	X	X
K5
K6
K7