BAHÇEŞEHİR UNIVERSITY BİLGİ PAKETİ / DERS KATALOĞU
| ECONOMICS AND FINANCE | |||||
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
Course Introduction and Application Information
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| ECO1212 | Introduction to Economics II | Spring | 3 | 0 | 3 | 8 |
| This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester. |
Basic information
| Language of instruction: | English |
| Type of course: | Non-Departmental Elective |
| Course Level: | Bachelor’s Degree (First Cycle) |
| Mode of Delivery: | Hybrid |
| Course Coordinator : | Assoc. Prof. ÇAĞLAR YURTSEVEN |
| Course Lecturer(s): |
Assoc. Prof. ÇAĞLAR YURTSEVEN Assoc. Prof. EMİN KÖKSAL Prof. Dr. NECİP ÇAKIR Prof. Dr. İPEK ALTINBAŞAK FARİNA |
| Recommended Optional Program Components: | None |
| Course Objectives: | This course intends to give a comprehensive understanding of macroeconomics. |
Learning Outcomes
|
The students who have succeeded in this course; 1. Use the basic concepts of economics to explain everyday life. 2. Explain the behavior of buyers and sellers in the market using basic economic theories. 3. Explain the role of government in influencing buyer and seller behavior in the market. 4. Explain the role of profits in a market economy. 5. Identify firm behaviors in different market structures. |
Course Content
| National Income Accounts, Cost Of Living and Inflation, Output, Economic Growth and Well Being, Financial Markets and the way They Function, Employment, Unemployment and Economic Performance, Monetary Economics and Policy, Macroeconomics for Open Economies, Open Economy in the short and medium runs, Monetary anf Fiscal Policies, Phillips Curve and Inflation |
Weekly Detailed Course Contents
| Week | Subject | Related Preparation |
| 1) | Measuring a Nation’s Income | |
| 2) | Measuring the Cost of Living | |
| 3) | Production and Growth | |
| 4) | Saving, Investment, and the Financial System | |
| 5) | Unemployment and Its Natural Rates | |
| 6) | The Monetary System | |
| 7) | Money Growth and Inflation | |
| 8) | Review | |
| 9) | Open-Economy Macroeconomics: Basic Concepts | |
| 10) | Macroeconomic Theory of the Open Economy | |
| 11) | Aggregate Demand and Aggregate Supply | |
| 12) | The Influence of Monetary and Fiscal Policy on Aggregate Demand | |
| 13) | The Short-Run Tradeoff between Inflation and Unemployment | |
| 14) | Course review |
Sources
| Course Notes / Textbooks: | Principles of Economis, N. Gregory Mankiw, South-Western College Pub; 6 edition |
| References: |
Evaluation System
| Semester Requirements | Number of Activities | Level of Contribution |
| Midterms | 1 | % 50 |
| Final | 1 | % 50 |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 50 | |
| PERCENTAGE OF FINAL WORK | % 50 | |
| Total | % 100 | |
ECTS / Workload Table
| Activities | Number of Activities | Duration (Hours) | Workload |
| Course Hours | 3 | 16 | 48 |
| Application | 13 | 1 | 13 |
| Study Hours Out of Class | 13 | 10 | 130 |
| Midterms | 1 | 2 | 2 |
| Final | 1 | 2 | 2 |
| Total Workload | 195 | ||
Contribution of Learning Outcomes to Programme Outcomes
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | Build up a body of knowledge in mathematics and statistics, to use them, to understand how the mechanism of economy –both at micro and macro levels – works. | 3 |
| 2) | Understand the common as well as distinctive characters of the markets, industries, market regulations and policies. | 2 |
| 3) | Develop an awareness of different approaches to the economic events and why and how those approaches have been formed through the Economic History and understand the differences among those approaches by noticing at what extent they could explain the economic events. | 1 |
| 4) | Analyze the interventions of politics to the economics and vice versa. | 3 |
| 5) | Apply the economic analysis to everyday economic problems and evaluate the policy proposals for those problems by comparing opposite approaches. | 2 |
| 6) | Understand current and new economic events and how the new approaches to the economics are formed and evaluating. | 2 |
| 7) | Develop the communicative skills in order to explain the specific economic issues/events written, spoken and graphical form. | 3 |
| 8) | Know how to formulate the economics problems and issues and define the solutions in a well-formed written form, which includes the hypothesis, literature, methodology and results / empirical evidence. | 2 |
| 9) | Demonstrate the quantitative and qualitative capabilities and provide evidence for the hypotheses and economic arguments. | 2 |
| 10) | Understand the information and changes related to the economy by using a foreign language and communicate with colleagues. | 3 |