COURSE UNIT TITLE

: MACROECONOMICS II

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
IKT 2004 MACROECONOMICS II COMPULSORY 3 0 0 4

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR HAKAN KAHYAOĞLU

Offered to

Economics
Economics

Course Objective

To provide an understanding of the behavioral basics of macro-economics and the approaches adopted by different schools of economics and to analyze the basic economic problems with the advanced models.

Learning Outcomes of the Course Unit

1   To be able to outline the basic assumptions related to the labor market according to different economic schools.
2   To be able to expalin the causes, effects and results of inflation, unemployment, budget deficit and current deficit.
3   To be able to discuss different theories regarding public expenditures, consumption and investment.
4   To be able to explain the effects of and demand management policies To create dynamic forms, depending on the expectation of total supply and total demand model on the inflation and unemployment.
5   To be able to discuss the interaction between inflation and unemployment according to the different economic school.
6   To be able to compare the effects of demand management policies on the economy within the framework of the different economic schools and labor market assumptions.
7   To be able to evaluate developments in macroeconomics.
8   To be able to distinguish between the effects of different assumptions about the behavior patterns of economic agents on the results of economic policies.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Labor market and aggregate supply curves according to the different schools of economics.
2 The relationships between unemployment, employment and output
3 Unemployment in Turkey (the causes and current indicators and discussions)
4 Inflation Analysis (Types, sources costs of and policies oriented to decreasing)
5 Phillips Curve Analysis: Unemployment according to the Classic Approach
6 Phillips Curve Analysis: Unemployment according to the Classic Approach
7 Inflation and Income Level Analysis (Dynamic Total Supply - Dynamic Total Demand)
8 Midterm Exam
9 Midterm Exam
10 Open Economy and Income Level
11 Simultaneous Equilibrium in the Money and goods market in the open economy
12 Balance of Payments and BP curve
13 Equilibrium in Exchange Markets
14 Public Budget and Twin Deficit

Recomended or Required Reading

Nevzat Güran, Makro Ekonomik Analiz, Anadolu Matbaacılık.
Erdal Ünsal, Makro Iktisat, Turhan Kitapevi.
Kemal Yıldırım, vd. Makroekonomi, Seçkin Yayıncılık.

Planned Learning Activities and Teaching Methods

To teach theoretically, to give readings on certain topics, to discuss in class, to encourage active participation in the form of mutual question-and-answer, etc. In addition, to promote books other than textbooks in the field of economics and the social sciences.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 MTEG MIDTERM GRADE MTEG * 1
3 FIN FINAL EXAM
4 FCGR FINAL COURSE GRADE MTEG * 0.40 + FIN * 0.60
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTEG * 0.40 + RST * 0.60


Further Notes About Assessment Methods

None

Assessment Criteria

To be announced.

Language of Instruction

Turkish

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

h.kahyaoglu@deu.edu.tr
nilgun.balaylar@deu.edu.tr
aylin.duygulu@deu.edu.tr
nevzat.simsek@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 12 3 36
Preparations before/after weekly lectures 12 2 24
Preparation for midterm exam 1 10 10
Preparation for final exam 1 12 12
Preparation for quiz etc. 2 8 16
Reading 6 1 6
Final 1 1 1
Midterm 1 1 1
Quiz etc. 2 0,5 1
TOTAL WORKLOAD (hours) 107

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9
LO.11111
LO.211111
LO.31111
LO.4111111
LO.511111
LO.611111
LO.711111
LO.8111111

CONTACT INFORMATION
Dokuz Eylül Üniversitesi Cumhuriyet Bulvarı No: 144 35210 Alsancak / İZMİR
Phone: +90(232) 412 12 12 - Fax: +90 (232) 464 81 35

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