MACROECONOMICS PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
BAY212	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	-	MID-TERM EXAM	-
9	Reading the related subjects in the coursebook, following developments, macro-economic data and markets	Review of lecture	Lecture & Discussion & Case Methods, Interactive Web Tools
10	Reading the related subjects in the coursebook, following developments, macro-economic data and markets	IS-LM Model	Lecture & Discussion & Case Methods, Interactive Web Tools
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 Supply 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

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.						5
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.					4
2	Relate the information and facts in the field with other social sciences such as law, sociology, philosophy and history.						5

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.						5
2	Provide solutions for the problems encountered in banking and insurance transactions.						5

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.						5
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.					4
2	Use the computer programs related with field in banking and insurance transactions.						5

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.					4
2	Research on scientific, sectoral developments and innovations related to the field with lifelong learning as a principle.						5

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.						5
2	Apply knowledge and skills related to his / her field by taking into account his legal, social and ethical responsibilities.						5

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	2	28
Land Surveying	0	0	0
Group Work	0	0	0
Laboratory	0	0	0
Reading	0	0	0
Assignment (Homework)	10	2	20
Project Work	0	0	0
Seminar	0	0	0
Internship	0	0	0
Technical Visit	0	0	0
Web Based Learning	5	3	15
Implementation/Application/Practice	5	2	10
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	3	3	9
Short Exam	0	0	0
Preparation for the Short Exam	0	0	0
TOTAL	58	0	151