Nevşehir Hacı Bektaş Veli University Course Catalogue

Information Of Programmes

INSTITUTE OF SOCIAL SCIENCES / İKT-603 - ECONOMICS (PhD)

Code: İKT-603 Course Title: ADVANCED MACROECONOMIC ANALYSIS I Theoretical+Practice: 3+0 ECTS: 6
Year/Semester of Study 1 / Fall Semester
Level of Course 1st Cycle Degree Programme
Type of Course Compulsory
Department ECONOMICS (PhD)
Pre-requisities and Co-requisites None
Mode of Delivery Face to Face
Teaching Period 14 Weeks
Name of Lecturer SERDAR ÖZTÜRK (serdarozturk@nevsehir.edu.tr)
Name of Lecturer(s)
Language of Instruction Turkish
Work Placement(s) None
Objectives of the Course
To apply the techniques of macroeconomic analysis to historical and contemporary economic events.

Learning Outcomes PO MME
The students who succeeded in this course:
LO-1 Being able to analyze macroeconomic problems, and to propose the policies for the problems at an advanced level PO-1 have information about basic economic topics and indicators.
PO-6 have ability on examining and analyzing the effects of economic policies.
PO-9 have ability on commenting current economic issues considering economic theory in the view of sociology.
PO-16 can report preparation that examine the economy in terms of sectoral and macroeconomic.
Examination
LO-2 Being able to interpret the data of macroeconomics. PO-1 have information about basic economic topics and indicators.
PO-6 have ability on examining and analyzing the effects of economic policies.
PO-9 have ability on commenting current economic issues considering economic theory in the view of sociology.
PO-16 can report preparation that examine the economy in terms of sectoral and macroeconomic.
Examination
LO-3 Being able to explain the macroeconomic terms, theories, models and policies. PO-1 have information about basic economic topics and indicators.
PO-6 have ability on examining and analyzing the effects of economic policies.
PO-9 have ability on commenting current economic issues considering economic theory in the view of sociology.
PO-16 can report preparation that examine the economy in terms of sectoral and macroeconomic.
Examination
PO: Programme Outcomes
MME:Method of measurement & Evaluation

Course Contents
Dynamics in Aggregate Supply and Demand, Rational Expectations and Economic Policy, Anticipation Effects and Economic Policy, Government Budget Deficit, The Open Economy, Money, New Keynesian Economics, Theories of Economic Growth
Weekly Course Content
Week Subject Learning Activities and Teaching Methods
1 Mercantilism Explanation
2 Physiocracy Explanation
3 Traditional (Classical) Economics Explanation
4 Adam Smith and "The Wealth of Nations" Explanation
5 Equilibrium in Classical Economics, Jean-Baptiste Say and Say Law Explanation
6 Ricardo and the Theory of Rent Explanation
7 Neoclassical Economics Explanation
8 mid-term exam
9 Keynesian Economics and 1929 Crisis Explanation
10 Equilibrium in Keynesian Economics, Simple Keynesian Model Explanation
11 IS-LM Model, Philips Curve Explanation
12 Monetarist Economics and Modern Quantity Theory Explanation
13 New Classical Economics Explanation
14 Supply Side Economics Explanation
15 New Keynesian economics Explanation
16 final exam
Recommend Course Book / Supplementary Book/Reading
1 Ersan Bocutoğlu, Karşılaştırmalı Makro İktisat Teoriler ve Politikalar, Ekin Basım Yayın, 2013
2 M. Merih Paya, Makro İktisat, Türkmen Kitabevi - Akademik Kitapları, 2013
3 M. Hanifi Aslan, Makro İktisat Politikası, Alfa Aktüel Yayınları, 2008
Required Course instruments and materials
Lesson book

Assessment Methods
Type of Assessment Week Hours Weight(%)
mid-term exam 8 1 40
Other assessment methods
1.Oral Examination
2.Quiz
3.Laboratory exam
4.Presentation
5.Report
6.Workshop
7.Performance Project
8.Term Paper
9.Project
final exam 16 1 60

Student Work Load
Type of Work Weekly Hours Number of Weeks Work Load
Weekly Course Hours (Theoretical+Practice) 3 14 42
Outside Class
       a) Reading 2 10 20
       b) Search in internet/Library 1 11 11
       c) Performance Project 0
       d) Prepare a workshop/Presentation/Report 0
       e) Term paper/Project 0
Oral Examination 0
Quiz 0
Laboratory exam 0
Own study for mid-term exam 15 3 45
mid-term exam 1 1 1
Own study for final exam 15 3 45
final exam 1 1 1
0
0
Total work load; 165