TR
11111

COURSE INTRODUCTION AND APPLICATION INFORMATION

ireu.ieu.edu.tr

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 be able to use the advanced theoretical and practical knowledge that the graduates have acquired in the areas of international relations X
2 To be able to examine, interpret data and assess concepts and ideas with the scientific methods in the area of international relations/political science X
3 To take the responsibility as a group team member and as an individual to solve unforeseen and multidimensional problems that are unforeseen in practice X
4 To be able to recognize regional and global issues/problems, and to be able to develop solutions based on research and scientific evidence X
5 To be able to assess the acquired knowledge and skills in the area of international relations/political science critically and to detect learning requirements and to guide learning. X
6 To be able to inform authorities and institutions in the area of international relations; to be able to transfer ideas and proposals supported by quantitative and qualitative data about the problems verbally and in writing to experts and nonexperts. X
7 To be able to interpret theoretical debates regarding relations among factors in global politics such as structures, institutions and culture, to be able to pinpoint the continuities and changes of main dynamics of international relations, X
8 To be able to distinguish the differences between the classical and contemporary theories and to assess their relationship, X
9 To be able to make use of other disciplines that international relations are based upon (political science, law, economics, sociology, psychology, etc.) and to have the basic knowledge of these disciplines. X
10 To be able to keep abreast of current news on international relations, learn a foreign language and to communicate with one’s peers (European language portfolio global scale, level B1)
11 To be able to speak a second foreign at a medium level of fluency efficiently
12 To have ethical, social and scientific values in the stages throughout the processes of collecting, interpreting, disseminating and implementing data related to international relations. X
13 To be able to improve the acquired knowledge, skills and qualifications for personal and social reasons X

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

 

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