COURSE UNIT TITLE

: MACROECONOMICS II

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
ECO 2004 MACROECONOMICS II COMPULSORY 3 0 0 6

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR SAADET KASMAN

Offered to

Economics

Course Objective

The objective of this course is to introduce advanced macroeconomic topics such as growth models, consumption theories, investment theories, new trends in macroeconomic theory and policies in a global economic framework.

Learning Outcomes of the Course Unit

1   Demonstrate understanding of the relationship between macroeconomic variables and macroeconomic outcomes by lectures.
2   Acquire basic macroeconomic concepts such as IS-LM curves, aggregate demand and aggregate supply curves, savings, investment, consumption by lectures and discussion.
3   Explain the theories, concepts and the role of classical and Keynesian macroeconomics.
4   Elaborate macroeconomic implications of several policy applications .
5   To be able to interpret the macroeconomic issues and develop skill in critical economic reasoning.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

ECO 2003 - MACROECONOMICS I

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction
2 Review of Aggregate Demand and Aggregate Supply Model 9-13
3 Stabilization Policy 14
4 Government Debt and Budget Deficit 15
5 Class Discussions about the current government policy News
6 Consumption 16
7 Consumption 16
8 Investment 17
9 Money Supply and Money Demand 18
10 Economic Growth I 4
11 Economic Growth I 4
12 Economic Growth II 5

Recomended or Required Reading

Mankiw, Greg N. (2003), Macroeconomics, Fourth Edition, Worth Publishers

Planned Learning Activities and Teaching Methods

1. Lectures
2. Keeping journal
3. Problem solving

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MT Midterm
2 ASS Assignment
3 FN Final
4 FCG FINAL COURSE GRADE MT * 0.40 + ASS * 0.10 + FN * 0.50
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MT * 0.40 + ASS * 0.10 + RST * 0.50

Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will clearly define basic macroeconomic concepts.
2. The learner will compare different macroeconomic theories (classical and Keynesian).
3. The learner will demonstrate understanding of growth theories, consumption theories and Investment theories.
4. The learner will show the outcomes of different economic policies on consumption, investiment and economic growth.
5. The learner will connect real life macroeconomic developments with the theoretical framework by following news in media.

Language of Instruction

English

Course Policies and Rules

1. Attending at least 70 percent of lectures is mandatory.
2. Plagiarism of any type will result in disciplinary action.

Contact Details for the Lecturer(s)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 12 3 36
Tutorials 8 2 16
Preparations before/after weekly lectures 12 2 24
Preparation for midterm exam 1 15 15
Preparation for final exam 1 15 15
Preparation for quiz etc. 12 3 36
Midterm 1 2 2
Final 1 2 2
TOTAL WORKLOAD (hours) 146

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14
LO.153
LO.254
LO.354
LO.433445
LO.5233