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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 Face to face
Coordinator of the Course Unit Assist.Prof.Dr. LOKMAN KANTAR
Instructor(s) of the Course Unit Assist.Prof.Dr. GÜLGÜN ÇİĞDEM

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

CONTRIBUTION OF THE COURSE UNIT TO THE PROGRAMME LEARNING OUTCOMES

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
Total Workload of the Course Unit 151
Workload (h) / 25.5 5,9
ECTS Credits allocated for the Course Unit 6,0