Nevşehir Hacı Bektaş Veli University Course Catalogue

Information Of Programmes

INSTITUTE OF SOCIAL SCIENCES / EFTZ-501 - ECONOMICS AND FINANCE (MA-WITHOUT THESIS)

Code: EFTZ-501 Course Title: ADVANCED MACROECONOMICS Theoretical+Practice: 3+0 ECTS: 8
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