| Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
|---|---|---|---|---|---|
| BNS252 | MACROECONOMICS | 4 | 3 | 3 | 6 |
GENERAL INFORMATION |
|
|---|---|
| Language of Instruction : | Turkish |
| Level of the Course Unit : | BACHELOR'S DEGREE, TYY: + 6.Level, EQF-LLL: 6.Level, QF-EHEA: First Cycle |
| Type of the Course : | Compulsory |
| Mode of Delivery of the Course Unit | - |
| Coordinator of the Course Unit | Assoc.Prof. HAKAN ÖZCAN |
| Instructor(s) of the Course Unit | |
| Course Prerequisite | No |
OBJECTIVES AND CONTENTS |
|
|---|---|
| Objectives of the Course Unit: | This course aims to provide basic knowledge and skills about basic concepts and topics of macroeconomics and to analyze the economic problems with global paradigm and search for solutions |
| Contents of the Course Unit: | Contents of the course include the subjects as in domestic income, basic macroeconomic problems and policy instruments, determination of income and price level, total income-total expenditure model, public budget and fiscal policy, monetary theory and policy, international finance, economic growth and development |
KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to) |
|---|
| Define concepts in terms of money, goods and labour markets by using macro-economic magnitude |
| Discuss macro-economic events with examples |
| Demonstrate current economic problems by using economic models |
| Compare the macro-economic results of various policy implementations |
WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY |
|||
|---|---|---|---|
| Week | Preparatory | Topics(Subjects) | Method |
| 1 | - | Basic Concepts and Approaches in Macroeconomics | Lecture & Discussion & Case Methods, Interactive Web Tools |
| 2 | Reading the related subjects in the coursebook, following developments, macro-economic data and markets | Measuring the Economy 1: Calculating Gross Domestic Product(GDP) | Lecture & Discussion & Case Methods, Interactive Web Tools |
| 3 | Reading the related subjects in the coursebook, following developments, macro-economic data and markets | Measuring the Economy 2: Inflation | Lecture & Discussion & Case Methods, Interactive Web Tools |
| 4 | Reading the related subjects in the coursebook, following developments, macro-economic data and markets | Measuring the Economy 3: Unemployment | Lecture & Discussion & Case Methods, Interactive Web Tools |
| 5 | Reading the related subjects in the coursebook, following developments, macro-economic data and markets | Measuring the Economy 4: Interest Rate, Exchange Rate and Balance of Payments | Lecture & Discussion & Case Methods, Interactive Web Tools |
| 6 | Reading the related subjects in the coursebook, following developments, macro-economic data and markets | Leveling Gross Domestic Product | Lecture & Discussion & Case Methods, Interactive Web Tools |
| 7 | Reading the related subjects in the coursebook, following developments, macro-economic data and markets | Simple Keynesian Model | Lecture & Discussion & Case Methods, Interactive Web Tools |
| 8 | Reading the related subjects in the coursebook, following developments, macro-economic data and markets | Review of lecture | Lecture & Discussion & Case Methods, Interactive Web Tools |
| 9 | Reading the related subjects in the coursebook, following developments, macro-economic data and markets | IS-LM Model | Lecture & Discussion & Case Methods, Interactive Web Tools |
| 10 | - | MID-TERM EXAM | - |
| 11 | Reading the related subjects in the coursebook, following developments, macro-economic data and markets | Monetary and Fiscal Policy | Lecture & Discussion & Case Methods, Interactive Web Tools |
| 12 | Reading the related subjects in the coursebook, following developments, macro-economic data and markets | Monetary and Fiscal Policy | Lecture & Discussion & Case Methods, Interactive Web Tools |
| 13 | Reading the related subjects in the coursebook, following developments, macro-economic data and markets | Features of Aggregate Demand Curve | Lecture & Discussion & Case Methods, Interactive Web Tools |
| 14 | Reading the related subjects in the coursebook, following developments, macro-economic data and markets | Features of Aggregate Demand Curve | Lecture & Discussion & Case Methods, Interactive Web Tools |
| 15 | Reading the related subjects in the coursebook, following developments, macro-economic data and markets | Labour Market in Classical and Keynesian Approach | Lecture & Discussion & Case Methods, Interactive Web Tools |
| 16 | - | FINAL EXAM | - |
| 17 | - | FINAL EXAM | - |
SOURCE MATERIALS & RECOMMENDED READING |
|---|
| Unsal, E. (2018). Makro Iktisat. Ankara: Murat Yayınları |
| Acemoglu, D. (2016). Makro Iktisat. Istanbul: Beta Yayınları |
| Sloman, J. (2004). Iktisat Makro. Istanbul: Bilim Teknik Yayınevi |
ASSESSMENT |
||||
|---|---|---|---|---|
| Assessment & Grading of In-Term Activities | Number of Activities | Degree of Contribution (%) | Description | Examination Method |
| Level of Contribution | |||||
|---|---|---|---|---|---|
| 0 | 1 | 2 | 3 | 4 | 5 |
KNOWLEDGE |
|||||||
|---|---|---|---|---|---|---|---|
Theoretical |
|||||||
| Programme Learning Outcomes | Level of Contribution | ||||||
| 0 | 1 | 2 | 3 | 4 | 5 | ||
| 1 |
Define basic concepts related with banking, insurance and finance
|
4 | |||||
| 2 |
Relates the theoretical and practical knowledge in the field to economics, business, law, statistics, accounting and marketing
|
5 | |||||
KNOWLEDGE |
|||||||
|---|---|---|---|---|---|---|---|
Factual |
|||||||
| Programme Learning Outcomes | Level of Contribution | ||||||
| 0 | 1 | 2 | 3 | 4 | 5 | ||
| 1 |
Relate banking and insurance applications to financial theories, mathematical and statistical methods.
|
5 | |||||
| 2 |
Relate the information and facts in the field with other social sciences such as law, sociology, philosophy and history.
|
3 | |||||
SKILLS |
|||||||
|---|---|---|---|---|---|---|---|
Cognitive |
|||||||
| Programme Learning Outcomes | Level of Contribution | ||||||
| 0 | 1 | 2 | 3 | 4 | 5 | ||
| 1 |
Explain the planning and implementation process in banking and insurance transactions.
|
2 | |||||
| 2 |
Provide solutions for the problems encountered in banking and insurance transactions.
|
4 | |||||
SKILLS |
|||||||
|---|---|---|---|---|---|---|---|
Practical |
|||||||
| Programme Learning Outcomes | Level of Contribution | ||||||
| 0 | 1 | 2 | 3 | 4 | 5 | ||
| 1 |
Use theoretical and practical knowledge in the field of banking and insurance transactions.
|
3 | |||||
| 2 |
By analyzing economic data accurately, manage savings and portfolio investments to minimize financial risks.
|
5 | |||||
OCCUPATIONAL |
|||||||
|---|---|---|---|---|---|---|---|
Autonomy & Responsibility |
|||||||
| Programme Learning Outcomes | Level of Contribution | ||||||
| 0 | 1 | 2 | 3 | 4 | 5 | ||
| 1 |
He/She works as a leader or a team member in a teamwork from the planning of the banking transactions to the implementation and performs the task assigned to them within the team.
|
5 | |||||
OCCUPATIONAL |
|||||||
|---|---|---|---|---|---|---|---|
Learning to Learn |
|||||||
| Programme Learning Outcomes | Level of Contribution | ||||||
| 0 | 1 | 2 | 3 | 4 | 5 | ||
| 1 |
Gain the basic knowledge necessary for the planning process of banking and insurance activities and human resources performance management.
|
2 | |||||
| 2 |
Use the computer programs related with field in banking and insurance transactions.
|
0 | |||||
OCCUPATIONAL |
|||||||
|---|---|---|---|---|---|---|---|
Communication & Social |
|||||||
| Programme Learning Outcomes | Level of Contribution | ||||||
| 0 | 1 | 2 | 3 | 4 | 5 | ||
| 1 |
Cooperate to bring innovative ideas to the stakeholders in the sector using banking insurance-related databases, information and communication technologies.
|
0 | |||||
| 2 |
Research on scientific, sectoral developments and innovations related to the field with lifelong learning as a principle.
|
1 | |||||
OCCUPATIONAL |
|||||||
|---|---|---|---|---|---|---|---|
Occupational and/or Vocational |
|||||||
| Programme Learning Outcomes | Level of Contribution | ||||||
| 0 | 1 | 2 | 3 | 4 | 5 | ||
| 1 |
Analyze financial data related to his / her field.
|
0 | |||||
| 2 |
Apply knowledge and skills related to his / her field by taking into account his legal, social and ethical responsibilities.
|
2 | |||||
WORKLOAD & ECTS CREDITS OF THE COURSE UNIT |
|||
|---|---|---|---|
Workload for Learning & Teaching Activities |
|||
| Type of the Learning Activites | Learning Activities (# of week) | Duration (hours, h) | Workload (h) |
| Lecture & In-Class Activities | 14 | 3 | 42 |
| Preliminary & Further Study | 14 | 3 | 42 |
| Land Surveying | 0 | 0 | 0 |
| Group Work | 0 | 0 | 0 |
| Laboratory | 0 | 0 | 0 |
| Reading | 3 | 5 | 15 |
| Assignment (Homework) | 0 | 0 | 0 |
| Project Work | 0 | 0 | 0 |
| Seminar | 0 | 0 | 0 |
| Internship | 0 | 0 | 0 |
| Technical Visit | 0 | 0 | 0 |
| Web Based Learning | 0 | 0 | 0 |
| Implementation/Application/Practice | 0 | 0 | 0 |
| Practice at a workplace | 0 | 0 | 0 |
| Occupational Activity | 0 | 0 | 0 |
| Social Activity | 0 | 0 | 0 |
| Thesis Work | 0 | 0 | 0 |
| Field Study | 0 | 0 | 0 |
| Report Writing | 0 | 0 | 0 |
| Final Exam | 1 | 1 | 1 |
| Preparation for the Final Exam | 5 | 5 | 25 |
| Mid-Term Exam | 1 | 1 | 1 |
| Preparation for the Mid-Term Exam | 5 | 5 | 25 |
| Short Exam | 0 | 0 | 0 |
| Preparation for the Short Exam | 0 | 0 | 0 |
| TOTAL | 43 | 0 | 151 |
| Total Workload of the Course Unit | 151 | ||
| Workload (h) / 25.5 | 5,9 | ||
| ECTS Credits allocated for the Course Unit | 6,0 |