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

Course General Introduction Information

Course Code: BUS210
Course Name: Macro Economics
Course Semester: Spring
Course Credits:
ECTS
4
Language of instruction: EN
Course Requirement:
Does the Course Require Work Experience?: No
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 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.

Learning Outcomes

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.

Course Flow Plan

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)

Sources

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

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
Sunum

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
Presentations / Seminar 1 3 3
Midterms 1 14 14
Final 1 14 14
Total Workload 115