Principles of Macroeconomics

Course Code: 
ECON 122
Course Period: 
Spring
Course Type: 
Core
P: 
3
Application: 
0
Credits: 
3
ECTS: 
6
Course Language: 
İngilizce
Course Objectives: 
The purpose of this course is to convey the main principles of economics and economic way of thinking to students. The goals of the course are providing students to evaluate macroeconomic conditions such as national income, unemployment, inflation, and growth , how monetary policy and fiscal policy can be used to influence short-run and long-runmacroeconomic conditions
Course Content: 

This course will teach students the basic tools of macroeconomics and apply them to real world economic policy.  The course   introduces macroeconomics in the context of current problems. National income analysis, money and banking, economic growth and stability, unemployment, inflation, and role of government are the main subjects.

Course Methodology: 
1: Lecture, 2: Question-Answer, 3: Discussion, 9: Simulation, 12: Case Study
Course Evaluation Methods: 
A: Testing, C: Homework

Vertical Tabs

Course Learning Outcomes

Learning Outcomes

Program Learning Outcomes

Teaching Methods

Assessment Methods

Will be able to understand GDP and Standart of Living

 

1-2-3

A-C

Will be able to define CPI and Cost of Living

 

1-2-3

A-C

Will be able to explain Jobs and unemployment

 

1-2-3

A-C

Will be able to understand Potantial GDP and labor markets

 

1-2-3

A-C

Will be able to define the monetary system and also inflation

 

1-2-3

A-C

Will be able to consider about the effects of fiscal and monetary policies

 

1-2-3

A-C

Will be able to understand the basics, sources and theories of Economic Growth

 

1-2-3

A-C

 
 

Course Flow

Week

Topics

Study Materials

1

The circular Flows and Global Economy

Bade&parkin Foundations of Economics , Chapter 1(Pearson,sixth Edition)

2

GDP And Standart of Living

Bade&parkin Foundations of Economics , Chapter 21(Pearson,sixth Edition)

3

The CPI and Cost of Living

Bade&parkin Foundations of Economics , Chapter 22(Pearson,sixth Edition)

4

Jobs and Unemployment

Bade&parkin Foundations of Economics , Chapter 23(Pearson,sixth Edition)

5

Potantial GDP and Natural Unemploymet Rate

Bade&parkin Foundations of Economics , Chapter 24(Pearson,sixth Edition)

6

Midterm

 

7

Economic Growth

Bade&parkin Foundations of Economics , Chapter 25(Pearson,sixth Edition)

8

Invesment, Saving and Interst Rate

Bade&parkin Foundations of Economics , Chapter 26(Pearson,sixth Edition)

9

The Monetary System

Bade&parkin Foundations of Economics , Chapter 27(Pearson,sixth Edition)

10

 Money, Interst and Inflation

Bade&parkin Foundations of Economics , Chapter 28(Pearson,sixth Edition)

11

AS-AD and Busines Cylcle

Bade&parkin Foundations of Economics , Chapter 29(Pearson,sixth Edition)

12

Aggregate Expenditure

Bade&parkin Foundations of Economics , Chapter 30(Pearson,sixth Edition)

13

The hort-run Policy Trade Off

Bade&parkin Foundations of Economics , Chapter 31(Pearson,sixth Edition)

14

, Fiscal and Monetary Policy

Bade&parkin Foundations of Economics , Chapter32-33(Pearson,sixth Edition)

 
 

Recommended Sources

Textbook

Case and Fair, Principles of Economics 8the Edition, Pearson

Additional Resources

Bade&parkin  Foundations of Economics , (Pearson,sixth Edition

 

 
 

Material Sharing

Documents

 

Assignments

Every week a new assigment is prepeared by teacher and given to students

Exams

Test bank is given to students

 
 

Assessment

IN-TERM STUDIES

NUMBER

PERCENTAGE

Mid-terms

1

50

Quizzes

2

20

Assignment

10

30

Total

 

100

CONTRIBUTION OF FINAL EXAMINATION TO OVERALL GRADE

 

40

CONTRIBUTION OF IN-TERM STUDIES TO OVERALL GRADE

 

60

Total

 

100

 

 

COURSE CATEGORY

Expertise/Field Courses

 
 

Course’s Contribution to Program

No

Program Learning Outcomes

Contribution

1

2

3

4

5

 

When students have completed the Public Administration Undergraduate Program, they will be able to;

 

 

 

 

 

1

understand and have universal principles of public administration as well as gain knowledge of the structure and process of Turkish Public Administration,

 

 

x

 

 

2

gain knowledge of superiority of law and believe in universal principles of law and also know Turkish legal System,

 

 

 

 

 

3

behave environmentally sensitive and responsible and develop public policies on this issue,

 

 

 

 

 

4

understand the importance of Atatürk thought  within the guidance of science

 

 

 

 

 

5

be executive and administrative candidates who know well Turkish socio-politic history and structure,

 

 

 

 

 

6

integrate technological developments and implement technology in an efficient and effective manner in both public and private sectors,

 

 

x

 

 

7

improve communication and leadership skills,

 

 

 

 

 

8

improve ability of expressing in English and Turkish,

 

 

 

 

 

9

gain knowledge of EU legislation (acquis communataire),

 

 

 

 

 

10

appraise global and regional developments,

 

 

 

 

 

11

realize / recognize the importance of art,

 

 

 

 

 

12

prepare their career also in private sector - apart from government executives,  as such the flexibility of the program and on the facilities of double major and minor,

 

 

 

 

x

13

compare and select the professional opportunities in the field related to the international relations and administrative law.  

 

 

 

 

 

 
 

ECTS

Activities

Quantity

Duration
(Hour)

Total
Workload
(Hour)

Course Duration (Including the exam week: 14x Total course hours)

16

3

48

Hours for off-the-classroom study (Pre-study, practice)

16

3

48

Mid-terms

1

10

10

Homework

8

4

32

Final examination

1

15

15

Total Work Load

 

 

153

Total Work Load / 25 (h)

 

 

6,12

ECTS Credit of the Course

 

 

6