COURSE UNIT TITLE

: MACROECONOMIC ANALYSIS II

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
IKT 5200 MACROECONOMIC ANALYSIS II ELECTIVE 3 0 0 5

Offered By

Economics

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR ISMAIL MAZGIT

Offered to

Economics

Course Objective

To give the basic information which will provide to make advanced macro economic analysis algeabricly and to understand theoritical models analyticaly and to explain macro economic facts and events.

Learning Outcomes of the Course Unit

1   To be able to analyze macro economic subjects in the general equilibrum framework
2   To be able understand the algebraic approaches necessary to solve macroeconomic theories in the framework of general equilibrum
3   To be able to understand the examination the casual relationship between the variables those take place in the macro economic models
4   To be able to understand dynamic analysis between aggregate demand, supply and revenue-price
5   To be able to learn the approaches which were developped on the causes and the effects of conjunctureal waves
6   To be able learn the creation of maco economic equilibrum in an open economy conditions
7   To be able to explain the conditions necessary for the policy efficiency in an open economy conditions algebraicly
8   To be able to analyze exchange rate systems those applied in an open economy conditions

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Business cycles, conjunctural situation analysis, endogenous and exogenous business cycle theories
2 Business cycles: general price level and labor markets
3 The tools and aims of economic policy, Timbergen frame, efficient market classification, tools less than aims, the constraints of active policies under uncertainty, species of uncertainty, policy making under uncertainty, prefernece of policy tools, Lucas critique
4 Algebraic methods intended for analyze of open macro economis theories, macro economic theories in the frame of macro economic general ewuilibrum under open economy
5 Balance of payments, exchange rates and economic policy, IS-MP model
6 Short run IS-MP model under flexible exchange rate system
7 Short run Is-MP model under fixed exchange rate system
8 Short run Is-MP model under fixed exchange rate system
9 Dynamic aggregate supply and demand analysis under open economy conditions
10 The occurance of dynamic aggregate supply and demand, price and recenue under open economy conditions.
11 Financial markets, asset prices ad macroeconomy I
12 Tradeable and non-tradeable goods: the determinants of tradebility and classification of goods, theorical frame, aggregate supply in TNT model, aggregate demand in TNT model, market equilibrum in TNT model, Loan and repayment in TNT model
13 Presentations and discussions
14 Presentations and discussions

Recomended or Required Reading

Main Sources:
Geoffrey J. Wyatt, Macroeconomic Models, in a Causal Framework, 2004.
Wendy Carlin and David Soskice Macroeconomics Imperfections, Institutions,
and Policies,2005
Kemal Yıldırım, vd. Makroekonomi, 2012
Max Gillman,Advanced Modern Macroeconomics: Analysis and Application,2011

Planned Learning Activities and Teaching Methods

The class participation and attendance of those who are especially required to take the course is important and it is an important factor to determine the mid term and end of the period performance. Each participant as well as active participation in classes are required to prepare a research project (term paper) within the scope of the course. The course is taught with a method of verbal presentation and discussion of the theories

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 STT TERM WORK (SEMESTER)
3 FIN FINAL EXAM
4 FCG FINAL COURSE GRADE MTE * 0.30 + STT * 0.30 + FIN* 0.40
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.30 + STT * 0.30 + RST* 0.40


*** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

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)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lecture 13 3 39
Weekly pre and after class preparations 13 2 26
Preparations to mid term 1 15 15
Preparations to final exam 1 20 20
Preparation of homework 1 15 15
Other (Reading) 1 15 15
Final Exam 1 3 3
Mid term 1 3 3
TOTAL WORKLOAD (hours) 136

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9
LO.1335
LO.24545
LO.33554
LO.4535
LO.53444
LO.6234
LO.744
LO.84343

CONTACT INFORMATION
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Phone: +90(232) 412 12 12 - Fax: +90 (232) 464 81 35

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