11111

COURSE INTRODUCTION AND APPLICATION INFORMATION


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Course Name
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
Spring
Prerequisites
None
Course Language
Course Type
Required
Course Level
-
Mode of Delivery -
Teaching Methods and Techniques of the Course
Course Coordinator
Course Lecturer(s)
Assistant(s)
Course Objectives
Learning Outcomes The students who succeeded in this course;
  • Will be able to explain the basic principles of macroeconomics.
  • Will be able to explain key macroeconomic variables and the measurement of such variables.
  • Will be able to explain the basic relationships between the variables such as national income, unemployment, budget deficit, money supply, interest rate, inflation rate and trade deficit.
  • Will be able to explain how monetary policy and fiscal policy affect macroeconomic outcomes .
  • Will be able to explain functions of money and measures of money supply.
  • Will be able to explain the basic function of the banks and other financial intermediaries and how banks create money.
  • Will be able to indicate how interest rate is determined via money supply and money demand in the money market.
  • Will be able to elaborate a simple macroeconomic model based on aggregate demand and aggregate supply.
Course Description

 



Course Category

Core Courses
X
Major Area Courses
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Required Materials
1 Introduction to Macroeconomics Case, Karl and Fair, Ray, Principles of Economics, Chapter 20 (Pearson Education International, 9th edition)
2 Measuring National Output and National Income Case, Karl and Fair, Ray, Principles of Economics, Chapter 21 (Pearson Education International, 9th edition)
3 Unemployment, Inflation, and LongRun Growth, Case, Karl and Fair, Ray, Principles of Economics, Chapter 22 (Pearson Education International, 9th edition)
4 Aggregate Expenditure and Equilibrium Output Case, Karl and Fair, Ray, Principles of Economics, Chapter 23 (Pearson Education International, 9th edition)
5 Aggregate Expenditure and Equilibrium Output Case, Karl and Fair, Ray, Principles of Economics, Chapter 23 (Pearson Education International, 9th edition)
6 FIRST MIDTERM EXAM April 4, 2014
7 The Government and Fiscal Policy Case, Karl and Fair, Ray, Principles of Economics, Chapter 24 (Pearson Education International, 9th edition)
8 The Government and Fiscal Policy Case, Karl and Fair, Ray, Principles of Economics, Chapter 24 (Pearson Education International, 9th edition)
9 The Money Supply and the Federal Reserve System Case, Karl and Fair, Ray, Principles of Economics, Chapter 25 (Pearson Education International, 9th edition)
10 Money Demand, the Equilibrium Interest Rate Case, Karl and Fair, Ray, Principles of Economics, Chapter 26 (Pearson Education International, 9th edition)
11 SECOND MIDTERM EXAM May 9, 2014
12 Aggregate Demand in the Goods and Money Markets Case, Karl and Fair, Ray, Principles of Economics, Chapter 27 (Pearson Education International, 9th edition)
13 Aggregate Demand in the Goods and Money Markets Case, Karl and Fair, Ray, Principles of Economics, Chapter 27 (Pearson Education International, 9th edition)
14 Aggregate Supply and the Equilibrium Price Level Case, Karl and Fair, Ray, Principles of Economics, Chapter 28 (Pearson Education International, 9th edition)
15 Review of the Semester  
16 Review of the Semester  
Course Notes/Textbooks Case, Karl and Fair, Ray, Principles of Economics, Pearson – Prentice Hall, 10th edition, 2012.
Suggested Readings/Materials

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
16
10
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
8
20
Presentation / Jury
Project
Seminar / Workshop
Oral Exam
Midterm
2
40
Final Exam
1
30
Total

Weighting of Semester Activities on the Final Grade
26
70
Weighting of End-of-Semester Activities on the Final Grade
1
30
Total

ECTS / WORKLOAD TABLE

Semester Activities Number Duration (Hours) Workload
Course Hours
(Including exam week: 16 x total hours)
16
3
48
Laboratory / Application Hours
(Including exam week: 16 x total hours)
16
 
Study Hours Out of Class
16
3
Field Work
 
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
8
2.5
Presentation / Jury
 
 
Project
 
Seminar / Workshop
Oral Exam
Midterms
2
16
Final Exams
1
12
    Total
160

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1 To solve problems, to have analytical and holistic viewpoint and to develop strategic thinking as a principle in the field of business administration X
2 To evaluate It is aimed to graduate students whom are able to critique what they have already learn in the field of management, adopting life long learning and continuously developing themselves X
3 It is aimed to graduate students whom are able to transfer their academic knowledge to organizational level and capable of expressing themselves regarding organizational problems both oral and written X
4 The students are required to understand the concepts and ideas of business in both national and multinational settings and practice cross disciplinary and comparative analysis X
5 It is required to know and practice the quality and productivity principles of business life X
6 Act and think with an innovative motive and able to apply the academic knowledge gain during new and unconventional occasions X
7 Acquiring leadership qualifications and applying them successfully X
8 Working efficiently and effectively, learning how to be a team member, taking responsibilities, being open minded, constructive, vulnerable to criticism and having self confidence X
9 It is required to know the regional economic aspects and transfer the academic knowledge to real life with both national and international thinking X
10 To know and apply the realities of business ethics and act according to social, scientific and ethical values under any circumstances such as data collection, evaluation, announcing and practicing X
11 Able to use a foreign language as fluent as possible for both chasing the scientific publication and developing proper communication with colleagues from other countries, (“European Language Portfolio Global Scale”, Level B1) X
12 Intermediate in both written and spoken of a second foreign language X
13 Able to use computer programs and technology to an adequate level required by business practices. X

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest

 

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