POLITICAL SCIENCE AND INTERNATIONAL RELATIONS
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
The course opens with the approval of the Department at the beginning of each semester

Basic information

Language of instruction: En
Type of course: Must Course
Course Level: Bachelor
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
Course Objectives: This course intends to give a comprehensive understanding of macroeconomics.

Learning Outputs

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: Principles of Economis, N. Gregory Mankiw, South-Western College Pub; 6 edition
References:

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Attendance % 0
Laboratory % 0
Application % 0
Field Work % 0
Special Course Internship (Work Placement) % 0
Quizzes % 0
Homework Assignments % 0
Presentation % 0
Project % 0
Seminar % 0
Midterms 1 % 50
Preliminary Jury % 0
Final 1 % 50
Paper Submission % 0
Jury % 0
Bütünleme % 0
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
Laboratory 0 0 0
Application 13 1 13
Special Course Internship (Work Placement) 0 0 0
Field Work 0 0 0
Study Hours Out of Class 13 10 130
Presentations / Seminar 0 0 0
Project 0 0 0
Homework Assignments 0 0 0
Quizzes 0 0 0
Preliminary Jury 0 0 0
Midterms 1 2 2
Paper Submission 0 0 0
Jury 0 0 0
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) Grasp basic theoretical and conceptual knowledge about the field and relations between them at the level of practice. 2
2) Possess basic knowledge about the causes and effects of political transformations in societies. 2
3) Possess knowledge about quantitative, qualitative and mixed research methods in social and behavioral sciences. 2
4) Recognize historical patterns while evaluating contemporary political and social developments. 2
5) Demonstrate interdisciplinary and critical approach while analyzing, synthesizing and forecasting domestic and foreign policy. 2
6) Conduct studies in the field professionally, both independently or as a team member. 2
7) Possess consciousness about lifelong learning based on Research & Development. 3
8) Communicate with peers both orally and in writing, by using a foreign language at least at a level of European Language Portfolio B1 General Level and the necessary informatics and communication technologies. 2
9) Apply field-related knowledge and competences into career advancement, projects for sustainable development goals, and social responsibility initiatives. 2
10) Possess the habit to monitor domestic and foreign policy agenda as well as international developments. 2
11) Possess competence to interpret the new political actors, theories and concepts in a global era.
12) Evaluate the legal and ethical implications of advanced technologies on politics.