Nevşehir Hacı Bektaş Veli University Course Catalogue

Information Of Programmes

INSTITUTE OF SOCIAL SCIENCES / İKT-628 - ECONOMICS (PhD)

Code: İKT-628 Course Title: OPEN ECONOMY MACROECONOMICS Theoretical+Practice: 3+0 ECTS: 6
Year/Semester of Study 1 / Spring Semester
Level of Course 1st Cycle Degree Programme
Type of Course Optional
Department ECONOMICS (PhD)
Pre-requisities and Co-requisites None
Mode of Delivery Face to Face
Teaching Period 14 Weeks
Name of Lecturer ŞÜKRÜ APAYDIN (sukruapaydin@nevsehir.edu.tr)
Name of Lecturer(s) ŞÜKRÜ APAYDIN,
Language of Instruction Turkish
Work Placement(s) None
Objectives of the Course
The aim of this lesson is to analyze the macro economy policy and its result, which are seen in a closed economy, in an open economy and so to put forward whether the results in a closed economy is valid in an open economy.

Learning Outcomes PO MME
The students who succeeded in this course:
LO-1 can comments the balance of payments. PO-1 have information about basic economic topics and indicators.
PO-2 have basic information about treatment rules between individuals, markets and countries.
PO-11 have ability on defining economic variables and comment on the relationships between these variables.
Examination
LO-2 can comments developments in foreign exchange rate. PO-1 have information about basic economic topics and indicators.
PO-2 have basic information about treatment rules between individuals, markets and countries.
PO-7 have ability on considering the basic items of Money, Banking and Financial System and the treatment process of these items.
PO-11 have ability on defining economic variables and comment on the relationships between these variables.
Examination
LO-3 can explain the basic institutions of international markets. PO-2 have basic information about treatment rules between individuals, markets and countries.
Examination
PO: Programme Outcomes
MME:Method of measurement & Evaluation

Course Contents
Weekly Course Content
Week Subject Learning Activities and Teaching Methods
1 Introduction Explanation
2 Exchange Market-1 Explanation
3 Exchange Market-2 Explanation
4 Exchange Rate Regimes Explanation
5 International Interest Rate Conditions Explanation
6 The Balance of Payment Explanation
7 Real and Financial Flows in an Open Economy Explanation
8 mid-term exam
9 Elasticity and Multiplier Approach to the Balance of Payment Explanation
10 The Mundell-Fleming Model Explanation
11 The Moneraty Approach to the Balance of Payment Explanation
12 Portfolio and Macroeconomic Equilibirum in an Open Economy Explanation
13 The Interporal Approach to the balance of Payment Explanation
14 International Monetary System Explanation
15 General Assessment Explanation
16 final exam
Recommend Course Book / Supplementary Book/Reading
1 1-Mevlidiye ŞİMŞEK, Dışa Açık Ekonomilerde İktisat Politikalar, Türkmen Kitapevi, İstanbul, 2005.
2 2-Erol BULUT, Döviz Ekonomisi, Platin Yayınları, Ankara, 2005.
Required Course instruments and materials
lesson bok

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 8 10 80
       b) Search in internet/Library 2 11 22
       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 4 5 20
mid-term exam 1 1 1
Own study for final exam 5 5 25
final exam 1 1 1
0
0
Total work load; 191