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, Assist. Prof. Dr. Merve Hamzaoğlu
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
Midterm
Midterm
8. Week
Midterm
Midterm
9. Week
Credit Markets
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
40
Quizzes
1
10
Final Exam
1
50
Program Outcomes
PO-1
Demonstrates a basic level of understanding in related disciplines (such as economics, sociology, psychology, quantitative sciences, etc.) that form a foundation for business administration, and makes use of and applies them to the field of business.
PO-2
Applies mathematical, scientific and social knowledge to business problems.
PO-3
Demonstrates a basic level of understanding in business functions and management (such as management, production, marketing, accounting, finance, human resources, behavioural sciences, etc.) and interprets the theoretical arguments focusing on interactions between the actors and the cultures in the field.
PO-4
Determines how to use acquired theoretical and practical knowledge and skills related to business in application and field analysis and applies them.
PO-5
Identifies and evaluates the relations in the field of business; describes the problems and presents analytical solutions through modelling and interpreting (critical thinking).
PO-6
Designs a business process in any functional stage that complies with identified objectives.
PO-7
Develops effective business communication skills (written-verbal/formal-informal).
PO-8
Owns effective working skills individually or on a team in business and multidisciplinary fields.
PO-9
Acts with a sense of professional and ethical responsibility.
PO-10
Improves effective verbal and written communication skills in English, and acquires competence in minimum one foreign language.
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.
