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Year/Semester of Study | 1 / Fall Semester | ||||
Level of Course | 2nd Cycle Degree Programme | ||||
Type of Course | Compulsory | ||||
Department | ECONOMICS AND FINANCE (MA-WITHOUT THESIS) | ||||
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 | |||||
The main objective of this course is to help to students, comprehend the macroeconomic terms, theories and models, obtain an ability to analyze macroeconomic events by using advanced mathematical methods, interpret data of macroeconomics, 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 | can analyze basic structures and problems of macroeconomics. |
PO-2 have information about basic economic topics and indicators. PO-4 have ability on defining economic variables and comment on the relationships between these variables. |
Examination |
LO-2 | can gain the ability to realize, analyze and discuss the macroeconomic problems. |
PO-13 have ability on commenting current economic issues considering economic theory in the view of sociology. PO-16 explain the role of central banks and the implemantation of monetary policy. PO-20 know the concepts, principles and applications of theories related to globalization and economic crises. |
Examination |
LO-3 | can analyze the new economic environment. |
PO-2 have information about basic economic topics and indicators. PO-8 explain the effects of international financial developments on national economy and the interdependencies between the two. PO-13 have ability on commenting current economic issues considering economic theory in the view of sociology. PO-20 know the concepts, principles and applications of theories related to globalization and economic crises. |
Examination |
PO: Programme Outcomes MME:Method of measurement & Evaluation |
Course Contents | ||
Short-run analysis in economics, Investment, Consumption, Aggregate demand, Aggregate supply, Monetary policy, Fiscal policy, Inflation, Unemployment, Business cycles, Stabilation policies, Open economy, Exchange rates. | ||
Weekly Course Content | ||
Week | Subject | Learning Activities and Teaching Methods |
1 | i. Foundations of Economics and Macroeconomics ii. Some Ideas on Methodology iii.General Historical Overview iv. National Income Calculation | Lecture Method |
2 | Some Basic Theories of Macroeconomics i. Classical Theory ii. Keynesian Theory iii. Political Results:A Comparison | Lecutre Method |
3 | New Macroeconomics: i. Real-Balance Effects ii. Portfolio Choice Theory iii. Monetarism iv. New Classical Economics | Lecture Method |
4 | Aggregate Supply and Demand Dynamics | Lecture Method |
5 | Rational Expectations and Economic Policy | Lecture Method |
6 | Anticipation Effects and Economic Policy | Lecture Method |
7 | Macroeconomics of Quantity Rationing | Lecture Method |
8 | mid-term exam | |
9 | Government Budget Deficit | Lecture Method |
10 | Labor Market | Lecture Method |
11 | Macroeconomic Policy, Reliability ve Policy | Lecture Method |
12 | Open Economy | Lecture Method |
13 | Money | Lecture Method |
14 | New Keynesian Economics | Lecutre Method |
15 | Economic Growth Theories | Lecutre Method |
16 | final exam | |
Recommend Course Book / Supplementary Book/Reading | ||
1 | Heijdra, B. J. & F. van der Ploeg (2002), The Foundations of Modern Macroeconomics, Oxford University Press. | |
2 | D.Romer, Advanced Macroeconomics, McGraw Hill, 3.Baskı, 2005 | |
Required Course instruments and materials | ||
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 | 6 | 14 | 84 |
b) Search in internet/Library | 6 | 14 | 84 |
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 | 3 | 6 | 18 |
mid-term exam | 1 | 1 | 1 |
Own study for final exam | 3 | 6 | 18 |
final exam | 0 | ||
0 | |||
0 | |||
Total work load; | 247 |