Associate Degree Programs
Vocational School of Bussiness Administration
Business Management
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MACRO ECONOMICS

Course CodeSemester Course Name LE/RC/LA Course Type Language of Instruction ECTS
ISY2921 2 MACRO ECONOMICS 3/0/0 CC Turkish 3
Course Goals
With this course students will be given entrance level macro and market economy information and they should improve their skills to analyze various economical policies and approaches.
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) Assist. Prof. Dr. Burcu Beste ERDOĞRU
Course Assistant(s)
Schedule Tuesday, 12:00-15:00, 4B04, Wednesday, 10:00-13:00 3B07
Office Hour(s) Tuesday, 13:00, 4B04, Wednesday,11:00 3B07
Teaching Methods and Techniques  Oral presentaition, presentation, case studies and discussion 
Principle Sources -Prof. Dr. Tümay Ertek-Meslek Yüksekokulları için İktisada Giriş,

-Prof. Dr. Zeynel Dinler-İktisada Giriş
Other Sources -
Course Schedules
Week Contents Learning Methods
1. Week An overview of macroeconomics Lecture, Discussion
2. Week National Income, Gross Domestic Product, Gross National Product and their measurement Lecture, Discussion
3. Week Economic growth and cyclical fluctuations Lecture, Discussion
4. Week Inflation and unemployment Lecture, Discussion
5. Week Inflation and unemployment Lecture, Discussion
6. Week Main tools of macroeconomic policy; fiscal policy, monetary policy, foreign trade and exchange rate policies Lecture, Discussion
7. Week Mid-Term Exam
8. Week Determination of income and price level according to total demand and total supply model Lecture, Discussion
9. Week Total expenditures-total income model; determining the income level of total spending Lecture, Discussion
10. Week Consumption and savings function Lecture, Discussion
11. Week Public budget and fiscal policy Lecture, Discussion
12. Week Economic Growth and Development Lecture, Discussion
13. Week Budget deficit and domestic debts, balance of payments and external debts Lecture, Discussion
14. Week Money Lecture, Discussion
15. Week Monetary theory and monetary policy
16. Week Current practices and examples
17. Week Final Exams
Assessments
Evaluation tools Quantity Weight(%)
Midterm(s) 1 20
Final Exam 1 80


Program Outcomes
PO-1PO 1. To have a basic knowledge in the field of Business Management
PO-2PO 2. To know organizational structure in the way of planning, organization, leadership and control mechanisms
PO-3PO 3. Recognizing human resources management and labor and social security legislations
PO-4PO 4. To be master in the legislations related to the business and take legal responsibility by taking basic legislations which shapes the regulatory framework of the business into account
PO-5PO 5. To take advantage of data collection techniques for problem solving and decision making
PO-6PO 6. To have a knowledge about basic methods used in accounting and business practices of these methods
PO-7PO 7. Identify the functions and implementations of marketing in business life, be able to conduct market research and use the marketing communication as required
PO-8PO 8. To have the knowledge about computers and relevant programs needed
PO-9PO 9. To be able to apply business processes and basic principles of project management techniques
PO-10PO 10. To have the ability of effective communication skills both orally and written
PO-11PO 11. To be able to make quality-oriented plans within business structure
PO-12PO 12. To be able to develop business analysis for targeting appropriate investments and follow-up
PO-13PO 13. To be able to take advantage of financial analysis techniques within business environment
PO-14PO 14. To be able to benefit from major numerical analysis methods and their implementations in business
PO-15PO 15. To follow the basic legislation related to the business and have a knowledge on basic law
PO-16PO 16. To have knowledge about Ataturk's Principles and Revolution History
PO-17PO 17. Recognize the basic principals and processes of production and sales management
PO-18PO 18. To have vocational knowledge of English in Business and Management
Learning Outcomes
LO-1To be able to explain the concepts of money, money supply and money demand.
LO-2 To be able to express the relationships between money, interest and national income variables in closed and open economies.
LO-3To be able to explain aggregate demand and aggregate supply model.
LO-4To be able to explain the definitions and approaches related to unemployment and inflation, which are the main problems.
LO-5Recognizing Basic Macro Economy Concepts
LO-6Analyzing Macro Economic Signs
LO-7Following Money and Finance Policies
Course Assessment Matrix:
Program Outcomes - Learning Outcomes Matrix
 PO 1PO 2PO 3PO 4PO 5PO 6PO 7PO 8PO 9PO 10PO 11PO 12PO 13PO 14PO 15PO 16PO 17PO 18
LO 1
LO 2
LO 3
LO 4
LO 5
LO 6
LO 7