The aim of this course is to provide students with the basic concepts and laws of macroeconomics and supply them the economics tools which enable the to analyze the political issues with an economic perspective.
Prerequisite(s)
None
Corequisite(s)
None
Special Requisite(s)
None
Instructor(s)
Assist. Prof. Dr. Merve Hamzaoğlu
Course Assistant(s)
Schedule
The course is not offered this semester.
Office Hour(s)
Teaching Methods and Techniques
Lectures, discussion and demonstration.
Principle Sources
Acemoğlu, D., Laibson D. and List, J. (2016) Macroeconomics. Global Edition. Pearson Education.
Other Sources
Blanchard, O. and Johnson, D.R. (2013). Macroeconomics. Sixth Edition. Pearson Education.
Mankiw, N. G. and Taylor, M.P. (2017). Macroeconomics. Fourth Edition. Cengage Learning.
Course Schedules
Week
Contents
Learning Methods
1. Week
The Principles and Practice
of Economics
Oral presentation
2. Week
Demand, Supply,
and Equilibrium
Oral presentation
3. Week
The Wealth of
Nations: Defining and Measuring
Macroeconomic Aggregates
Oral presentation
4. Week
Aggregate Incomes
Oral presentation
5. Week
Economic Growth
Oral presentation
6. Week
Employment and
Unemployment
Oral presentation
7. Week
Credit Markets
Oral presentation
8. Week
Midterm
Midterm
9. Week
Midterm
Oral presentation
10. Week
The Monetary System
Oral presentation
11. Week
Short-Run Fluctuations
Oral presentation
12. Week
Countercyclical
Macroeconomic Policy
Oral presentation
13. Week
Macroeconomics
and International Trade
Oral presentation
14. Week
Open Economy
Macroeconomics
Oral presentation
15. Week
Final Exam
Final Exam
16. Week
Final Exam
Final Exam
17. Week
Final Exam
Final Exam
Assessments
Evaluation tools
Quantity
Weight(%)
Midterm(s)
1
30
Quizzes
2
10
Attendance
1
10
Final Exam
1
50
Program Outcomes
PO-1
Comprehends both theoretical and applied subjects in international trade at the advanced level, and uses his/her knowledge when necessary.
PO-2
Analyses basic concepts and data related to International Trade and Economics by scientific methods, interprets those with analytically, and evaluates those with regard to economic issues.
PO-3
Express his/her thoughts, comments and evaluations related to International Trade discipline both in written and oral forms.
PO-4
Defines current problems, and proposes solutions which are supported by evidence and research based quantitative and qualitative data.
PO-5
Inspects how public and private sector enterprises engaged in trade activities operates in practice, and evaluates the continuities and the dynamism in these sectors.
PO-6
Defines and tracks local, regional (such as European Union or Middle East) and global issues from the point of political economics, and relates these issues to each other.
PO-7
Possesses sufficient knowledge in other disciplines related to International Trade (such as Economics, Finance, International Business and Law), and reports this information.
PO-8
Follows publications and research in International Trade, Globalisation and Financial Systems in the English language, and communicates with his/her colleagues internationally.
PO-9
Uses a second language (Russian, Chinese, etc.) at the intermediate level.
PO-10
Possesses ethical principles and scientific values in collection, interpretation and release of data.
Learning Outcomes
LO-1
Define basic terms related to macroeconomic.
LO-2
Describe main macroeconomic issues and concepts such as national income, inflation, unemployment, and monetary system.
LO-3
Differentiate between macroeconomic schools of thought, and the approaches of those to macroeconomic problems.
LO-4
Comprehend how equilibrium is achieved by integration of goods, financial, and the labor markets; and examine the effects of changes macroeconomic variables on equilibrium.
LO-5
Propose policy recommendations regarding current problems.
