COURSE INTRODUCTION AND APPLICATION INFORMATION

eco.ieu.edu.tr

Course Name

Code	Semester	Theory (hour/week)	Application/Lab (hour/week)	Local Credits	ECTS
	Spring

Prerequisites

ECON 102

To succeed (To get a grade of at least DD)

Course Language

Course Type

Required

Course Level

Mode of Delivery

Teaching Methods and Techniques of the Course

Course Coordinator

Prof. Dr. İ Hakan YETKİNER

Course Lecturer(s)

Prof. Dr. İ Hakan YETKİNER

Assistant(s)

Course Objectives
Learning Outcomes	The students who succeeded in this course; Will be able to explain the theories, concepts, and the role of Keynesian macroeconomics. Will be able to evaluate the relationship between macroeconomic variables and macroeconomic outcomes. Will be able to explain practical issues in macroeconomics. Will be able to interpret on the macroeconomic implications of several policy applications. Will be able to write a paper on macroeconomic performance/a macroeconomic variable to evaluate a certain economy of a country at macro level.
Course Description

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

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week	Subjects	Required Materials
1	Introduction and Measurement of Aggregates	Chapters 1-2 in OB and Chapter 1 in HY
2	Measurement of Aggregates	Chapter 2 in OB and Chapter 1 in HY
3	The Goods Market and Financial Markets	Chapters 3-4 in OB and Chapters 2 and 3 in HY
4	The Goods Market and Financial Markets	Chapters 3-4 in OB and Chapters 2 and 3 in HY
5	IS-LM Model	Chapter 5 in OB and Chapter 4 in HY
6	IS-LM Model	Chapter 5 in OB and Chapter 4 in HY
7	The Labor market and AD-AS Model	Chapters 6 and 7 in OB and Chapter 5 in HY
8	The Labor market and AD-AS Model	Chapters 6 and 7 in OB and Chapter 5 in HY
9	Midterm exam
10	NAIRU and the Phillips Curve	Chapter 8 in OB and Chapter 6 in HY
11	Expectations & Financial Markets	Chapters 14 and 15 in OB
12	Expectations and Consumption & Investment& Output	Chapters 16 & 17 in OB and Chapters 8&9 in HY
13	Open-economy	Chapters 17, 18, and 19 in OB and Chapter 7 in HY
14	Open-economy	Chapters 17, 18, and 19 in OB and Chapter 7 in HY
15	Review of the Semester
16	Review of the Semester

Course Notes/Textbooks	Oliver Blanchard (OB), Macroeconomics Pearson Prentice Hall, Fifth Edition 2008Hakan Yetkiner (HY), Sorularla Makro İktisat (Macroeconomics in Questions), Efil Yayınları, February 2010, First Edition.
Suggested Readings/Materials	Hakan Yetkiner (HY), Sorularla Makro İktisat (Macroeconomics in Questions), Efil Yayınları, February 2010, First Edition.

EVALUATION SYSTEM

Semester Activities	Number	Weigthing
Participation	15	10
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
Presentation / Jury
Project	1	10
Seminar / Workshop
Oral Exam
Midterm	1	40
Final Exam	1	40
Total

Weighting of Semester Activities on the Final Grade		60
Weighting of End-of-Semester Activities on the Final Grade		40
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	8	7
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
Presentation / Jury
Project	1	10
Seminar / Workshop
Oral Exam
Midterms	1	15
Final Exams	1	15
		Total	144

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#	Program Competencies/Outcomes	* Contribution Level
#	Program Competencies/Outcomes	1	2	3	4	5
1	To have a sound knowledge of the quantitative and qualitative methods that will help to examine the premises of different theories for an applied subject so that a contribution to solving current economic problems can be made.					X
2	To have the experience of writing, using software, and doing presentations in the newspapers, magazines, meetings, panels, and in equivalent virtual platforms (internet), in order to share their accumulated knowledge and problem solving ability acquired during their education.
3	To be able to participate in academic, professional, regional, and global networks and to utilize these networks efficiently.
4	To have adequate social responsibility and awareness with regards to the needs of the society and to have sufficient experience and qualifications to organize and support the activities to influence the social dynamics in line with the social goals.
5	To be able to integrate the knowledge and training acquired during the university education with personal and work experience and produce a synthesis of knowledge she requires.
6	To have the ability to evaluate his/her advance (post graduate) level educational needs and do necessary planning to fulfill those needs through the acquired capability to think analytically and critically.
7	To have sufficient practical and theoretical knowledge base in order to define the economic agents and their interaction both in the national and global level, to process economic data and to implement scientific research for development of economic policies.				X
8	Keeping in mind that economics is a social science, to have the skills to integrate social dynamics into economic process both as an input and an output and to be open to theoretical innovations in this direction.				X
9	To associate accumulated knowledge acquired during the university education with historical and cultural qualities of the society and to convey it to different groups.
10	To be able to follow knowledge and change in economics and communicate with colleagues in a foreign language.			X
11	To possess social, scientific and ethical values at the data collection, interpretation and dissemination stages of economic analysis.			X
12	To have advanced level of speaking and writing skills of a second foreign language to support continuation of post graduate professional and individual development

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