Business (English) | |||||
Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 |
Course Code: | BUS210 | ||||
Course Name: | Macro Economics | ||||
Course Semester: | Spring | ||||
Course Credits: |
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Language of instruction: | EN | ||||
Course Requirement: | |||||
Does the Course Require Work Experience?: | No | ||||
Type of course: | Necessary | ||||
Course Level: |
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Mode of Delivery: | Face to face | ||||
Course Coordinator : | Assoc. Prof. FATMA ŞENSOY | ||||
Course Lecturer(s): | Doç. Dr. Fatma Şensoy | ||||
Course Assistants: |
Course Objectives: | The aim of the course is to inform students about which types of policies to use in order to improve macroeconomic performances and to drive long-term prosperities of countries. This course aims to help students understand recent developments and necessary concepts to analyze advanced macroeconomic issues using theoretical, graphical and advanced algebraic methods |
Course Content: | This course evaluates the recent developments in macroeconomic theories that deals with issues such as labour markets and unemployment, economic growth, consumption and saving, investment, money and banking, business cycles, monetary and fiscal policies and international macroeconomics. |
The students who have succeeded in this course;
1) Competency to use macroeconomic concepts such economic growth, inflation, unemployment, business cycle, growth at an advanced level. 2) Skill to understand how the behavior of the economy both in the short run and in the long run is determined. 3) Competency to explain the rationale for implementations of monetary and fiscal policies. 4) Skill to understand the functioning of closed and open economies. 5) Skill to understand the factors that drive long-term prosperity. 6) Ability to understand the role of the banks in the economy. 7) Competency to explain macroeconomic decisions of households and firms considering an uncertain future. 8) Competency to understand the role of central banks for the macroeconomies of countries. |
Week | Subject | Related Preparation |
1) | The science of macroeconomics. | Mankiw (2009) |
2) | The data of macroeconomics Measuring the value of economic activity: Gross Domestic Product | Mankiw(2009) |
3) | National income, total production goods and services, the demand for goods and services | Mankiw (2009) |
4) | The monetary system | Mankiw (2019) |
5) | Inflation: Its causes, effects and Social costs | Mankiw (2019) |
6) | The open economy | Mankiw (2009) |
7) | Unemployment and the Labour market | Mankiw (2009) |
8) | Economic growth: Capital accumulation and population growth | Mankiw (2009) |
9) | Economic growth: tecnology,empirics and policy | Mankiw (2009) |
10) | Economic fluctuation | Mankiw (2009) |
11) | Aggregate demand, IS-LM Model | Mankiw (2009) |
12) | Stabilization policy | Mankiw (2009) |
13) | Government dept and budget deficit | Mankiw (2009) |
14) | The financial system: Opportunaties and dangers | Mankiw (2019) |
Course Notes / Textbooks: | Mankiw, N. G. (2019).Macroeconomics. Tenth Edition. Worth Publishers Macmillan Learning. Newyork; Mankiw, N.G. Macroeconomics. Seventh Edition. Worth Publishers. Newyork; Begg, D & Fischer, S.& Dornbusch, R.(2000) Economics. Sixth Edition. McGraw-Hill. England |
References: | Mankiw, N. G. (2019).Macroeconomics. Tenth Edition. Worth Publishers Macmillan Learning. Newyork; Mankiw, N.G. Macroeconomics. Seventh Edition. Worth Publishers. Newyork; Begg, D & Fischer, S.& Dornbusch, R.(2000) Economics. Sixth Edition. McGraw-Hill. England |
No Effect | 1 Lowest | 2 Medium | 3 Highest |
Program Outcomes | Level of Contribution |
Yazılı Sınav (Açık uçlu sorular, çoktan seçmeli, doğru yanlış, eşleştirme, boşluk doldurma, sıralama) | |
Homework | |
Sunum |
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 |
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 | ||||
Presentations / Seminar | 1 | 3 | 3 | ||||
Midterms | 1 | 14 | 14 | ||||
Final | 1 | 14 | 14 | ||||
Total Workload | 115 |