Business Preview
Bachelor	TR-NQF-HE: Level 6	QF-EHEA: First Cycle	EQF-LLL: Level 6

Course General Introduction Information

Course Code:

ISL210

Course Name:

Macro Economics

Course Semester:

Spring

Course Credits:

ECTS

Language of instruction:

Course Requirement:

Does the Course Require Work Experience?:

Type of course:

Necessary

Course Level:

Bachelor

TR-NQF-HE:6. Master`s Degree

QF-EHEA:First Cycle

EQF-LLL:6. Master`s Degree

Mode of Delivery:

Face to face

Course Coordinator :

Assoc. Prof. FATMA ŞENSOY

Course Lecturer(s):

Doç. Dr. Fatma Şensoy

Course Assistants:

Course Purpose and Content

Course Objectives:	The aim of this course is to understand and comprehend the issues that constitute the infrastructure of macroeconomics and macroeconomic balance, as well as total consumption, total demand, aggregate supply, taggregate savings and aggregate investment, inflation, unemployment.
Course Content:	Today's macroeconomic discussion topics: economic growth, expectations, economic policy will be examined within the framework of theory and applied policies.

Learning Outcomes

The students who have succeeded in this course;
1) Explain the basic concepts and assumptions in macroeconomic theory.
2) Should be able to interpret economic data.
3) Explain the link between macroeconomics and current life.
4) Be able to interpret the macroeconomic consequences of various policy implementations.
5) To be able to explain the concept of national income and its calculation methods.
6) Should be able to explain the relationship between monetary system and inflation.

Course Flow Plan

Week	Subject	Related Preparation
1)	The subject of economics, the features of economics, the development process of the economy.	Eğilmez (2016)
2)	Four major economic problems: Underemployment and unemployment rate, Inflation, Economic growth, cyclical fluctuations.	Parasız (2011)
3)	Micro fundamentals of macro analysis	Eğilmez (2016)
4)	Gross domestic product, gross national product concepts	Eğilmez (2016); Parasız (2011)
5)	Measuring cost of living and unemployment, Consumer price index and GDP deflator	Parasız (2011)
6)	GDP by production method	Eğilmez (2016)
7)	GDP by expenditure method	Eğilmez (2016)
8)	GDP with factor incomes	Eğilmez (2016)
9)	Monetary balance MV=PQ	Eğilmez (2016)
10)	Money supply, financial system and interest rates, monetary policy and fiscal policy	Parasız (2011)
11)	Inflation	Parasız (2011)
12)	Business cycle fluctuations, crises	Parasız (2011)
13)	Economic growth, expectations and income distrubution	Eğilmez (2016)
14)	Open macro economy	Parasız (2011)

Sources

Course Notes / Textbooks:	Eğilmez, Mahfi. (2015) Makro Ekonomi Türkiye’den Örneklerle. Remzi Kitabevi. İstanbul; Alkin, Emre. (2019) İktisada Giriş İktisattan Çıkış. Destek Yayınları. İstanbul; Parasız İlker. (2009) Para Banka ve Finansal Piyasalar. Ezgi Kitabevi. Bursa; Parasız, İlker (2011) Keynesyen ve Keynes Sonrası Makro Ekonomi. Ezgi Kitabevi. Bursa.
References:	Eğilmez, Mahfi. (2015) Makro Ekonomi Türkiye’den Örneklerle. Remzi Kitabevi. İstanbul; Alkin, Emre. (2019) İktisada Giriş İktisattan Çıkış. Destek Yayınları. İstanbul; Parasız İlker. (2009) Para Banka ve Finansal Piyasalar. Ezgi Kitabevi. Bursa; Parasız, İlker (2011) Keynesyen ve Keynes Sonrası Makro Ekonomi. Ezgi Kitabevi. Bursa.

Course - Learning Outcome Relationship

No Effect	1 Lowest	2 Medium	3 Highest

Program Outcomes

Level of Contribution

Learning Activity and Teaching Methods

Measurement and Evaluation Methods and Criteria

Yazılı Sınav (Açık uçlu sorular, çoktan seçmeli, doğru yanlış, eşleştirme, boşluk doldurma, sıralama)
Homework

Assessment & Grading

Semester Requirements	Number of Activities	Level of Contribution
Midterms	1	% 40
Final	1	% 60
total		% 100
PERCENTAGE OF SEMESTER WORK		% 40
PERCENTAGE OF FINAL WORK		% 60
total		% 100

İş Yükü ve AKTS Kredisi Hesaplaması

Activities	Number of Activities	Aktiviteye Hazırlık	Aktivitede Harçanan Süre	Aktivite Gereksinimi İçin Süre	Workload
Course Hours	14	3			42
Study Hours Out of Class	14	3			42
Midterms	1	14			14
Final	1	14			14
Total Workload					112