The aim of this course is understanding the basic macroeconomic variables with economic indicators and understanding the characteristics of the basic indicators.
Prerequisite(s)
Course Code Course Name…
Corequisite(s)
Course Code Course Name…
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. Tuğba Özışık
Course Assistant(s)
Schedule
Monday - 18:00-20:50 - CATS Meetings
Office Hour(s)
Prof. Sinan Alçın, Ph.D - CATS Chat Room / s.alcin@iku.edu.tr
Teaching Methods and Techniques
Lecture, Discussion
Principle Sources
Lecture Notes
Other Sources
-
Course Schedules
Week
Contents
Learning Methods
1. Week
General Framework - Overview of economic indicators
Lecture, Discussion
2. Week
Basic Economic Indicators - Betting on basic economic indicators in Turkish Economy
Lecture, Discussion
3. Week
National Income 1 - GDP, GNP, SMH, NI
Lecture, Discussion
4. Week
National Income 2 - Growth Rates (Sectoral, Expenditure Items)
Lecture, Discussion
5. Week
Production - Industrial Production Index, Manufacturing Industry Capacity Utilization Rates, Agricultural Production
Lecture, Discussion
6. Week
Fixed Capital Investments - Fixed Capital Investments by Sector, Investment Incentive Certificates
Lecture, Discussion
7. Week
Foreign Trade and Balance of Payments 1 - Balance of Payments, Imports, Import Price Index, Distribution of Imports by International Standard Trade Classification (SITC, Rev.3), Distribution of Imports by Sector, Distribution of Imports by Goods Groups, Distribution of Imports by Countries, Crude Oil Imports ( CIF)
Lecture, Discussion
8. Week
Foreign Trade and Balance of Payments 2 - Exports, Export Price Index, Export Import Coverage Ratio, Distribution of Exports by International Standard Trade Classification (SITC, Rev.3), Sectoral Distribution of Exports, Distribution of Exports by Countries
Lecture, Discussion
9. Week
Foreign Trade and Balance of Payments 3 - Workers' Revenues, Number of Incoming Tourists, Travel Revenues, International Reserves, Distribution of Foreign Capital Investments by Years, Sectoral and Geographical Distribution of Direct Investments, External Debts, Monthly Average Exchange Rates
Lecture, Discussion
10. Week
Public Finance - Consolidated Budget / Summary of Central Government Budget, Consolidated Budget / Central Government Budget Realizations, Central Government Budget Monthly Collections, Domestic Debt Stock, General Government Total Revenues and Expenditures
Lecture, Discussion
11. Week
Money, Banking and Capital Markets - Major Monetary Indicators, Ratios Related to Monetary Indicators, Central Bank Analytical Balance Sheet, Money Supply, Loans, TL Deposits, Foreign Exchange Deposit Accounts (DTH), Gold Prices
Lecture, Discussion
12. Week
Prices - Consumer Price Index (CPI), Domestic Producer Price Index (D-PPI), Special CPI Indicators, Price Indices (ITO)
Lecture, Discussion
13. Week
Employment and Wages - Developments in the Domestic Labor Market, Industry Unit Wage Index, Earnings Indices, Income Distribution
Lecture, Discussion
14. Week
Review
Lecture, Discussion
15. Week
Final Exam
Assessment
16. Week
17. Week
Assessments
Evaluation tools
Quantity
Weight(%)
Homework / Term Projects / Presentations
2
40
Final Exam
1
60
Program Outcomes
PO-1
A student who successfully completes the program will be able
To define and to evaluate information about Production Economics from a critical perspective.
PO-2
To define production relations and to define and explain the roles of production components.
PO-3
To relate Production Economics with other scientific fields other than Economics.
PO-4
To adapt the knowledge gained in the field of Production Economics to business processes.
PO-5
To organize activities that can affect social dynamics with sufficient social responsibility and awareness of social needs.
PO-6
To identify the deficiencies of the country's economy and to analyze how to eliminate these deficiencies.
PO-7
To evaluate and interpret the effects of Economic Policies on the Production Economy.
PO-8
To generate and develop original ideas about the localization of capital.
PO-9
To suggest new ideas for the development of companies operating in the field of production.
PO-10
To develop models and to analyze in the field of Production Economics and to make policy recommendations regarding these results
PO-11
To act in accordance with social, rational, scientific and ethical values during the collection, interpretation and announcement of data related to Production Economy and to carry out the project work within the framework of these principles.
Learning Outcomes
LO-1
To define the main macroeconomic variables.
LO-2
To relate macroeconomic variables.
LO-3
To interpret the economy with economic indicators
LO-4
To distinguish the characteristics of basic economic indicators.
