| ECONOMICS | |||||
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
| 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 |
| 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. |
|
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. |
| 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 |
| 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 | ||
| Course Notes: | Principles of Economis, N. Gregory Mankiw, South-Western College Pub; 6 edition |
| References: |
| 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 | |
| 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 | ||
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | As a world citizen, she is aware of global economic, political, social and ecological developments and trends. | 5 |
| 2) | He/she is equipped to closely follow the technological progress required by global and local dynamics and to continue learning. | 1 |
| 3) | Absorbs basic economic principles and analysis methods and uses them to evaluate daily events. | 5 |
| 4) | Uses quantitative and statistical tools to identify economic problems, analyze them, and share their findings with relevant stakeholders. | 1 |
| 5) | Understands the decision-making stages of economic units under existing constraints and incentives, examines the interactions and possible future effects of these decisions. | 4 |
| 6) | Comprehends new ways of doing business using digital technologies. and new market structures. | 2 |
| 7) | Takes critical approach to economic and social problems and develops analytical solutions. | 4 |
| 8) | Has the necessary mathematical equipment to produce analytical solutions and use quantitative research methods. | 1 |
| 9) | In the works he/she contributes, observes individual and social welfare together and with an ethical perspective. | 4 |
| 10) | Deals with economic problems with an interdisciplinary approach and seeks solutions by making use of different disciplines. | 4 |
| 11) | Generates original and innovative ideas in the works she/he contributes as part of a team. | 1 |