Course Name Code Semester T+U Hours Credit ECTS
Macro-Economics IKT 211 3 3 + 0 3 5
Precondition Courses
Recommended Optional Courses
Course Language Turkish
Course Level Bachelor's Degree
Course Type Compulsory
Course Coordinator Doç.Dr. ABİDİN ÖNCEL
Course Lecturers Doç.Dr. ABİDİN ÖNCEL,
Course Assistants
Course Category
Course Objective

By analyzing macro economic theories, discussing the validity of macroeconomic topics is the aim of this course. Thus, in this course, the examples from real life will be introduces to the students.

Course Content

In this course macroeconomic events and applications will be examined at both national and international levels with the help of numerical variables. In addition to that evaluation of investigated subjects which are related to recent economic events and the ways to improve macroeconomic performance and their proposed solutions will be put forth.

# Course Learning Outcomes Teaching Methods Assessment Methods
1 Revealing the relationships between the history of macroeconomic thought, areas of research, assumptions and economic variables. Lecture, Question-Answer, Discussion, Drilland Practice, Group Study, Brain Storming, Self Study, Problem Solving, Testing, Homework,
2 Measuring the volume of economic activity and interpreting the economic indicators. Lecture, Question-Answer, Discussion, Drilland Practice, Group Study, Brain Storming, Self Study, Problem Solving, Testing, Homework,
3 Measuring the economic relationships between countries and judging effects of the decisions of economic units. Lecture, Question-Answer, Discussion, Drilland Practice, Group Study, Brain Storming, Self Study, Problem Solving, Testing, Homework,
4 Evaluating markets within framework of the classical economic theories and discussing their short and long term impacts. Lecture, Question-Answer, Discussion, Drilland Practice, Group Study, Brain Storming, Self Study, Problem Solving, Testing, Homework,
5 Interpreting markets within the framework of the Kaynesian economic theories and discussing the effects of macroeconomic equilibrium. Lecture, Question-Answer, Discussion, Drilland Practice, Group Study, Brain Storming, Self Study, Problem Solving, Testing, Homework,
6 By virtue of IS curve, modelling, analyzing and investigation of goods and services markets. Lecture, Question-Answer, Discussion, Drilland Practice, Group Study, Brain Storming, Self Study, Problem Solving, Testing, Homework,
7 By virtue of LM curve, modelling and analyzing Money markets. Lecture, Question-Answer, Discussion, Drilland Practice, Group Study, Brain Storming, Self Study, Problem Solving, Testing, Homework,
8 Discussing the weak and strong sides of monetary and fiscal policies within the framework of IS LM model. Lecture, Question-Answer, Discussion, Drilland Practice, Group Study, Brain Storming, Self Study, Problem Solving, Testing, Homework,
9 Anayzing the IS-LM-BP model, applications and assessments of fixed and flexible exchange rate systems. Lecture, Question-Answer, Discussion, Drilland Practice, Group Study, Brain Storming, Self Study, Problem Solving, Testing, Homework,
10 Analyzing the AS-AD models and their economic outcomes. Lecture, Question-Answer, Discussion, Drilland Practice, Group Study, Brain Storming, Self Study, Problem Solving, Testing, Homework,
11 Inquiry of Business Cycle theories and interpretation of alternative policies. Lecture, Question-Answer, Discussion, Drilland Practice, Group Study, Brain Storming, Self Study, Problem Solving, Testing, Homework,
12 Interpreting the AS-AD models under different assumptions. Lecture, Question-Answer, Discussion, Drilland Practice, Group Study, Brain Storming, Self Study, Problem Solving, Testing, Homework,
13 Evaluation and anaysis of macroeconomic problems and alternative strategies. Lecture, Question-Answer, Discussion, Drilland Practice, Group Study, Brain Storming, Self Study, Problem Solving, Testing, Homework,
14 Alternative explanations and policies for the subjects of budget and finance. Lecture, Question-Answer, Discussion, Drilland Practice, Group Study, Brain Storming, Self Study, Problem Solving, Testing, Homework,
15 Anaylzing economic growth models. Lecture, Question-Answer, Discussion, Drilland Practice, Group Study, Brain Storming, Self Study, Problem Solving, Testing, Homework,
Week Course Topics Preliminary Preparation
1 Revealing the relationships between the history of macroeconomic thought, areas of research, assumptions, economic variables and economic policies.
2 Concepts about the measuring the volüme of economic activities and GDP. Economic growth rates, price indexes, inflation and interest rates.
3 Measuring economic relations with other countries; balance of payments, exchamge rates and their gauging.
4 Assumptions of classical economy, equilibrium in labour market, goods and monetary markets. Some resluts of the classical model; capital accumulation, population growth and unemployment. AD and AS and effectiveness of economic policies.
5 Assumptions of Keynesian models, aggregate expenditures, equilibrium income levels and aggregate supply curve. Multiplier effect and its mechanism in Keynesian model and equilibrium income levels in open economies.
6 Formation of IS-LM models, imbalances and their elimination. Weak and strong effects of monetary and fiscal policies in IS-LM models.
7 Midterm Exam
8 Model of IS-LM-BP, trade in goods and capital movements. Demand-side policies under the implementation of the case of fixed and flexible exchange rate.
9 Anaylsis of AD-AS model and the efficiency of multiplier effect in these models.
10 Business Cycle theories:the procedures for unemployment, inflation and indexation.
11 Aggregate demand and Pigou effect and short term supply models. Incomplete information models in AS-AD.
12 Money, inflation and interest rates, alternative strategies for decreasing inflation and political sides of inflation and unemployment.
13 Budget deficits and its financing, external deficits and inventory of current acoount.
14 Economic growth and neoclassical growth model. Economic growth and Cobb-Douglas model.
Resources
Course Notes
Course Resources
Order Program Outcomes Level of Contribution
1 2 3 4 5
1 Acquiring theoretical and practical competency in the fields of industrial relations, human resource management, social policy and labour and social security law both at national and international levels X
2 Mastering core industrial relations concepts X
3 Demonstrating awareness of issues related to social justice
4 Competent use of Turkish language in written and oral communication and ability to reflect on what you have learned, and to conduct an inventory of skills and competencies gained X
5 Ability to engage in independent analysis and communication of results and ability to independently formulate research or term paper topics X
6 Competent use of statistics and databases to analyze data, interpreting graphs , tables, and index numbers and constructing them to convey information
7 Ability to work effectively in groups
8 Competent use of a foreign language in terms of oral, written and learning skills
9 Competent use of word processing, presentation, spreadsheet and statistical software used in human resources and labour relations
10 Developing an ethical sensitivity in professional and scientific contexts
Evaluation System
Semester Studies Contribution Rate
1. Ara Sınav 70
1. Kısa Sınav 10
2. Kısa Sınav 10
3. Kısa Sınav 10
Total 100
1. Yıl İçinin Başarıya 40
1. Final 60
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 3 48
Mid-terms 1 5 5
Quiz 2 5 10
Assignment 1 5 5
Final examination 1 15 15
Total Workload 131
Total Workload / 25 (Hours) 5.24
dersAKTSKredisi 5