Course Name Code Semester T+U Hours Credit ECTS
Macro Economic Theory I IKT 535 0 3 + 0 3 6
Precondition Courses
Recommended Optional Courses
Course Language Turkish
Course Level yuksek_lisans
Course Type Compulsory
Course Coordinator Doç.Dr. AHMET GÜLMEZ
Course Lecturers Doç.Dr. AHMET GÜLMEZ,
Course Assistants
Course Category
Course Objective Teaching the macro economics konowledge to students at advanced level; Analysing the subjects of investment theory, money and conjuncturel movements deeply.
Course Content Consumption and Investment, Infinite horizon models, New growth theories, Keynesian conjuncturel theories, Economic cycle movements, Inflation and monetary policies.
# Course Learning Outcomes Teaching Methods Assessment Methods
1 Analyse the growth model of Solow by using theoretical and numerical methods. Question-Answer, Brain Storming, Testing, Oral Exam, Homework,
2 Summarize real business cycle model (RBC model). Discussion, Brain Storming, Testing, Oral Exam, Homework,
3 Interpret the growth models of Ramsey, Cass and Koopmans and their main results regarding long-term growth. Discussion, Brain Storming, Testing, Oral Exam, Homework,
4 Describe the differences between new growth models and neoclassical growth models in an obvious and definite way. Discussion, Brain Storming, Testing, Oral Exam, Homework,
5 Summarize the relationship between inflation and money policies in depth. Discussion, Brain Storming, Testing, Oral Exam, Homework,
6 Summarize the reasons and results of economic fuluctations according to the traditional Keynesian approach. Discussion, Brain Storming, Testing, Oral Exam, Homework,
Week Course Topics Preliminary Preparation
1 Solow growth model Romer, David. (1996) Section 1
2 Infinite horizon models, Overlaping generatşon models ,Ramsey-Cass Koopmans Model Romer, David. (1996) Section2 Blanchard ve Fischer (1992), Section 3
3 Infinite horizon models, Overlaping generatşon models; Diamond Models Romer, David. (1996) Section 2, Blanchard ve Fischer (1992), Section 3
4 The new growth theories(1) R&D Models Romer, David. (1996) Section3
5 The new growth theories(2) R&D Models Romer, David. (1996) Section3
6 Reel Cycles theory Romer, David. (1996) Section4, Blanchard ve Fischer (1992), Section7
7 Traditional keynesian konjonctural theories Romer, David. (1996) Section5
8 Microeconomic fundamentals of imperfect nominal harmony (1)Lucasian models Romer, David. (1996) Section6
9 Microeconomic fundamentals of imperfect nominal harmony (2) Progressive price harmony Romer, David. (1996) Section6
10 Microeconomic fundamentals of imperfect nominal harmony (3) New keynesian theory Romer, David. (1996) Section6
11 Consumption Romer, David. (1996) Section7
12 Investment Romer, David. (1996) Section8
13 Inflation and Monetary policies Romer, David. (1996) Section9, Blanchard ve Fischer (1992), Section11
14 Unemployment Romer, David. (1996) Section10
Resources
Course Notes
Course Resources Blanchard, O. J. and Fischer, S. (1992). Lectures on Macroeconomics. Cambridge, Massachusetts: MIT Press.
ROMER, David (2001), Advanced Macroeconomics, 2 nd Edition, New York:Mc Graw-Hill
Order Program Outcomes Level of Contribution
1 2 3 4 5
1 they constitute an idea in economic subjects analitically and advocacy this idea coherent and critique the ideas constituted by others
2 They have perfect knowledge They have perfect knowledge about general microeconomic theory through numeric and graphical methods
3 They have perfect knowledge about general macroeconomic theory through numeric and graphical methods
4 They know econometricThey have perfect knowledge about international trade theory through numeric
5 They know econometric theories and have ability to solve economic problems by using these theories
6 They make academic studies when needed to economic perspective
7 They are specialists at some of theese areas:public economics, industrial economics,money and banking economics, environment and natural sources economics, labour economics, knowledge and property economics, international trade and finance economics, economic growth and development
8 they have ability of translation at language orally and written
9 they use basic computer programs helping to make economic analysis
10 they have proffecional, social and scientific etic value
Evaluation System
Semester Studies Contribution Rate
1. Ara Sınav 50
1. Proje / Tasarım 25
1. Performans Görevi (Seminer) 25
Total 100
1. Yıl İçinin Başarıya 50
1. Final 50
Total 100
ECTS - Workload Activity Quantity Time (Hours) Total Workload (Hours)
Course Duration (Including the exam week: 16x Total course hours) 16 3 48
Hours for off-the-classroom study (Pre-study, practice) 16 6 96
Mid-terms 1 2 2
Final examination 1 1 1
Total Workload 147
Total Workload / 25 (Hours) 5.88
dersAKTSKredisi 6