The aim of this course is learn basic issues such as unemployment, growth and inflation in the context of macroeconomics, to analyze economic indicators and to evaluate policies.
Prerequisite(s)
-
Corequisite(s)
-
Special Requisite(s)
The minimum qualifications that are expected from the students who want to attend the course.(Examples: Foreign language level, attendance, known theoretical pre-qualifications, etc.)
Instructor(s)
Course Assistant(s)
Schedule
Monday 09.00-11.00/ BK B-402
Wednesday 09.00-11.00/ BK A-603
Determination of National Income Equilibrium Level
Oral Presentation, Discussion
5. Week
Inflation, Its Effects and Battling Policies
Oral Presentation, Discussion
6. Week
Employment and Unemployment
Oral Presentation, Discussion
7. Week
Monetary Theory and Policy
Oral Presentation, Discussion
8. Week
Midterm Exam
9. Week
IS-LM Model
Oral Presentation, Discussion
10. Week
Monetary and Fiscal Policies in the IS-LM Model
Oral Presentation, Discussion
11. Week
Total Demand and Total Supply
Oral Presentation, Discussion
12. Week
Balance of Payments and Exchange Rate
Oral Presentation, Discussion
13. Week
Equilibrium in Open Economy
Oral Presentation, Discussion
14. Week
Economic Growth
Oral Presentation, Discussion
15. Week
Final Exams
16. Week
Final Exams
17. Week
Final Exams
Assessments
Evaluation tools
Quantity
Weight(%)
Midterm(s)
1
40
Final Exam
1
60
Program Outcomes
PO-1
OP-1. Comprehends both theoretical and applied subjects in international trade at the advanced level, and uses his/her knowledge when necessary.
PO-2
OP-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
OP-3. Express his/her thoughts, comments and evaluations related to International Trade discipline both in written and oral forms.
PO-4
OP-4. Defines current problems, and proposes solutions which are supported by evidence and research based quantitative and qualitative data.
PO-5
OP-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
OP-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
OP-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
OP-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
OP-9. Uses a second language (Russian, Chinese, etc.) at the intermediate level.
PO-10
OP-10. Possesses ethical principles and scientific values in collection, interpretation and release of data.
Learning Outcomes
LO-1
Students will be able to define the basic concepts and tools of macroeconomics.
LO-2
Analyze basic macroeconomic issues such as national income, unemployment, inflation and economic growth.
LO-3
Analyze and interpret macroeconomic indicators.
LO-4
Students will be able to evaluate monetary and fiscal policies.
LO-5
Students will be able to evaluate current macroeconomic problems and present policy recommendations.
