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Description of Individual Course Units| Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | | İŞL112B | Introduction to Economics II | Compulsory | 1 | 2 | 4 |
| | Level of Course Unit | | First Cycle | | Objectives of the Course | | The aim of this course is to develop student' skills to understand and use undergraduate conceps, instruments, topics and models on macroeconomics. | | Name of Lecturer(s) | | Dr. Öğr. Üyesi Sevim AKGÜL | | Learning Outcomes | | 1 | describe fundemantal macroeconomics concepts. | | 2 | understand and evaluate the principle and body of macroeconomics theory. | | 3 | analyze curent economics events and macroeconomics issues. | | 4 | explain relationship between macroeconomics variables and macroeconomics outcomes. | | 5 | understand the functioning mechanism of monetary and fiscal policy. |
| | Mode of Delivery | | Second Education | | Prerequisites and co-requisities | | None | | Recommended Optional Programme Components | | None | | Course Contents | | Introduction to macroeconomics, national accounting system, unemployment, inflation, consumption expenditures, investment expentidures, monetary and fiscal policies, Keynesian models and business cycle theory. | | Weekly Detailed Course Contents | |
| 1 |
Introduction to macroeconomics, the general framework of macroeconomics | | | | 2 | National accounting system, gross national product, calculation of the gross national product, concepts related to gross national product | | | | 3 | Unemployment, definition, calculation of unemployment rate and its effects
| | | | 4 | Inflation, definition, calculation of inflation and its effects | | | | 5 | Consumption expenditures, consumption theories | | | | 6 | Investment expenditures, investment theories | | | | 7 | Money supply, money demand, the general framework of monetary policy | | | | 8 | Fiscal policy, fiscal policy instruments | | | | 9 | Mid-term exam | | | | 10 | Simple Keynesian Model, model assumptions, model functions, aggregate demand function, changes in aggregate demand function | | | | 11 | Simple Keynesian Model, equilibrium level of national income, changes in equilibrium, the multiplier mechanism, fiscal policies | | | | 12 | Closed Economy IS-LM Model, model assumptions, model functions, the goods market and the IS curve, the money market and the LM curve, equilibrium in money and goods markets, monetary and fiscal policies in the IS-LM model | | | | 13 | Open Economy IS-LM Model, model assumptions, model functions, the Mundell-Fleming Model, monetary and fiscal policies under fixed exchange rates, monetary and fiscal policies under floating exchange rates | | | | 14 | AD-AS Model, aggregate demand curve, factors that shift the aggregate demand curve, aggregate supply curve, factors that shift the aggregate supply curve, equilibrium in AD-AS model | | | | 15 | Business cycle theory | | | | 16 | End-of-term exam | | |
| | Recommended or Required Reading | | Bocutoğlu, E. 2013; Makro İktisat Teoriler ve Politikalar, 10. Baskı, Murathan Yayınevi, Trabzon | | Planned Learning Activities and Teaching Methods | | | Assessment Methods and Criteria | |
| Midterm Examination | 1 | 100 | | SUM | 100 | |
| Final Examination | 1 | 100 | | SUM | 100 | | Term (or Year) Learning Activities | 40 | | End Of Term (or Year) Learning Activities | 60 | | SUM | 100 |
| | Language of Instruction | | Turkish | | Work Placement(s) | | None |
| | Workload Calculation | |
| Midterm Examination | 2 | 30 | 60 | | Final Examination | 2 | 20 | 40 | | Makeup Examination | 1 | 20 | 20 | |
| Contribution of Learning Outcomes to Programme Outcomes | | LO1 | 3 | 3 | 1 | 3 | 3 | 2 | 2 | 3 | 1 | 3 | | LO2 | 1 | 4 | 1 | 1 | 4 | 3 | 2 | 3 | 4 | 2 | | LO3 | 4 | 3 | 5 | 5 | 3 | 4 | 5 | 3 | 4 | 4 | | LO4 | 4 | 5 | 5 | 4 | 4 | 5 | 5 | 3 | 4 | 3 | | LO5 | 2 | 5 | 1 | 1 | 4 | 5 | 2 | 4 | 1 | 3 |
| | * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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