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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 | | İŞL204B | Macro Economics | Compulsory | 2 | 4 | 4 |
| | Level of Course Unit | | First Cycle | | Objectives of the Course | | The aim of this course is primarily to deal with the basic concepts and issues related to macroeconomics. Another aim is to provide information about the functioning of macroeconomic policies and to reveal the effects of these policies on the economy. In this context, in line with this information gained, it is to ensure that economic problems are analyzed both on a national and global scale. | | Name of Lecturer(s) | | Doç. Dr. Şaduman YILDIZ | | Learning Outcomes | | 1 | To be able to explain macroeconomic concepts and to reveal the differences between macroeconomics and microeconomics. In addition, to be able to compare the basic assumptions of macroeconomics schools. | | 2 | Measuring the economy and total planned spending and to be able to explain the macroeconomic balance between the output level. | | 3 | To be able to reveal the functioning of the multiplier mechanism, to explain the deflationary and inflationary deficits and to reveal how the fiscal policy will be used to eliminate these deficits. | | 4 | To be able to analyze the functioning of the commodity and money markets and to reveal how the equilibrium is formed in these markets. | | 5 | To be able to reveal how macroeconomic policies are carried out and to interpret the results of macroeconomic policies. |
| | Mode of Delivery | | Second Education | | Prerequisites and co-requisities | | None | | Recommended Optional Programme Components | | None | | Course Contents | | Macroeconomics concepts, basic assumptions of economics schools, measuring the economy, total planned expenditure in the simple Keynesian model, IS – LM analysis, monetary and fiscal policies, aggregate supply and aggregate demand. | | Weekly Detailed Course Contents | |
| 1 | Basic Concepts: Nominal gross domestic product, real gross domestic product, economic growth, economic fluctuations, unemployment and inflation, macroeconomics, microeconomics, macroeconomic policies, interest rate and exchange rate | | | | 2 | Schools of Economics | | | | 3 | Measuring the Economy 1: Measuring output, gross national product, net domestic product, domestic income, national income and disposable personal income, and inflation. | | | | 4 | Measuring the Economy 2: Unemployment, interest rate, exchange rate and balance of payments. | | | | 5 | Consumption, Savings and Investment Functions and Public Expenditures | | | | 6 | Total Planned Expenditure | | | | 7 | Multiplier Mechanism | | | | 8 | Mid-term Exam | | | | 9 | Deflationary Deficit, Inflationary Deficit and Fiscal Policy | | | | 10 | IS Analysis | | | | 11 | LM Analysis | | | | 12 | Money Politics | | | | 13 | Fiscal Policy | | | | 14 | Policy Mix | | | | 15 | Total Demand and Total Supply | | | | 16 | Final Exam | | |
| | Recommended or Required Reading | | Ünsal, E. M. 2013; Macro Economics, Imaj Publications, 7th Edition, Ankara
Bocutoglu, E. 2009; Macroeconomic Theories and Policies, Murathan Publishing, 6th Edition, Trabzon
Froyen, R.T.2005; Macroeconomics Theories and Policies, Eighth Ed., Prentice Hall, USA
İlker Parasız, Macro Economics, Ezgi Publishing House, 2009, Bursa. | | 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 | 1 | 30 | 30 | | Final Examination | 1 | 60 | 60 | | Makeup Examination | 1 | 30 | 30 | |
| Contribution of Learning Outcomes to Programme Outcomes | | LO1 | 4 | 3 | 4 | 3 | 2 | 4 | 4 | 3 | 3 | 3 | | LO2 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | | LO3 | 4 | 4 | 4 | 4 | 2 | 4 | 4 | 4 | 4 | 4 | | LO4 | 4 | 4 | 4 | 4 | 2 | 4 | 4 | 4 | 5 | 4 | | LO5 | 4 | 4 | 4 | 4 | 3 | 4 | 4 | 4 | 5 | 4 |
| | * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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