2019-2020 Academic Year 2018-2019 Academic Year 2017-2018 Academic Year 2016-2017 Academic Year 2015-2016 Academic Year 2014-2015 Academic Year 2013-2014 Academic Year 2012-2013 Academic Year
Language of Instruction
Macroeconomic schools of thought. Macroeconomic data: National Income and its calculation; inflation; employment and unemployment; interest rate; exchange rate; balance of payments. Goods market. Monetary system, and financial market. Equilibrium in goods and financial markets: IS-LM Model. Fiscal and monetary policy. Aggregate demand (AD); aggregate supply (AS), and the labor market. Trade-off between unemployment and inflation: The Philips Curve (PC). Open economy macroeconomics. Economic growth and business cycles.
Special Requisite(s) None
Instructor(s) Assist. Prof. Dr. Beyhan İncekara
Course Assistant(s) -
Schedule Wednesday 13.00-14.50 B1-6, Thursday 13.00-14.50 B1-8
Office Hour(s) Selda Görkey, Ph.D., Asst. Prof., Tuesday 11.00.12.00, Thursday 11.00-12.00, Friday 13.00-15.00
Teaching Methods and Techniques Lectures and discussions.
Principle Sources Erdal Ünsal. Makro İktisat. Gnş. 11. Baskı, Murat Yayınları. Ankara, 2017.
Other Sources N. Gregory Mankiw. Makroekonomi. Efil Yayınevi, Ankara, 2017. Rudiger Dornbusch, Stanley Fischer, Richard Startz. Makroiktisat. (Çev. Salih Ak). 12. Basımdan Çeviri, Literatür Yayınevi, Ankara, 2016.
1. Week Introduction
2. Week Macroeconomic Schools of Thought, Macroeconomic Data: National Income
3. Week Macroeconomic Data: Inflation; Employment and Unemployment
4. Week Macroeconomic Data: Interest Rate, Exchange Rates, and Balance of Payments
5. Week The Goods Market
6. Week Monetary System, Financial Markets
7. Week Goods and Financial Markets: IS-LM Model
8. Week M I D T E R M E X A M
9. Week Monetary and Fiscal Policy
10. Week Labor Market Putting All Markets Together: Aggregate Demand (AD) and Aggregate Supply (AS)
11. Week The Philips Curve, the Natural Rate of Unemployment, and Inflation
12. Week The Open Economy
13. Week The Open Economy (continued), The Long-Run: The Facts of Growth
14. Week General Review
Final Exam 1
Program Outcomes PO-1 To be able to define the concept and types of entrepreneurship in historical development within the framework of entrepreneurship theory. PO-2 Develop awareness about ways to improve personal and corporate innovation and creativity PO-3 Distinguish the different aspects of SME management and its problems from SME management and its problems PO-4 Prepare a business plan to start a new business PO-5 Give insight into the institutionalization process of newly established businesses PO-6 To be able to use the information and skill that is related to entrepreneurship in the career life and transfer it to the workplace environment. PO-7 To be able to represent new business in social environment with social capital and communication competence, PO-8 To get knowledge about innovation and the importance of innovation. PO-9 To be aware of how to reach entrepreneurship support. PO-10 Have ability to transform the conceptual and cognitive knowledge and expertise into practice and transfer it to the workplace environment.
Learning Outcomes LO-1 Have knowledge about macroeconomic theories at the intermediate level. LO-2 Be able to explain and discuss 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 Be familiar with current macroeconomic issues and make policy recommendations regarding current problems.
Course Assessment Matrix:
PO 1 PO 2 PO 3 PO 4 PO 5 PO 6 PO 7 PO 8 PO 9 PO 10 LO 1 LO 2 LO 3 LO 4 LO 5