Kocaeli University / European Credit Transfer System (ECTS)

Name of Lecturer(s)

Associate Prof. Dr. Oğuz BAL
Associate Prof. Dr. Rıdvan KARACAN
Associate Prof. Dr. Zişan YARDIM KILIÇKAN

Learning Outcomes of the Course Unit
Program Competencies-Learning Outcomes Relation

Learning Outcomes of the Course Unit

1) Comprehend scope and meaning of national economy
2) Describe economic decision-making operation
3) Describe the effects of inflation and the ways and means to struggle with inflation
4) Analyze the events that are effective on the economy of the country.
5) Comprehend the economic features of a country in relation with abroad

Program Competencies-Learning Outcomes Relation

		Program Competencies
		1	2	3	4	5	6	7
Learning Outcomes
	1	Middle	Middle	Middle	Middle	Middle	Middle	Middle
	2	Middle	Middle	Middle	Middle	Middle	Middle	Middle
	3	Middle	Middle	Middle	Middle	Middle	Middle	Middle
	4	Middle	Middle	Middle	Middle	Middle	Middle	Middle
	5	Middle	Middle	Middle	Middle	Middle	Middle	Middle

Mode of Delivery

Face to Face

Prerequisites and Co-Requisites

None

Recommended Optional Programme Components

Not Required

Course Contents

This course provides students with the knowledge of concepts related to national income, national income determination, balance of national income analysis, interest rate and balance of national income, prices and national income balance, money, money market, inflation employment and unemployment, theory of foreign trade

Weekly Schedule

1) Economic Activities in Thecurrent, Gross Domestic Product
2) Gross National Product, Gross Domestic Product.
3) Domestic Income, National Income, Personal Income Disposable Income.
4) National Income Calculation Methods, Production Method. Income method Expenditure approach
5) Nominal Gross Domestic Product, Real Gross Domestic Product.
6) Gross Domestic Product Deflator Per Capita National Income.
7) Definition of Consumption and Consumption Expenditures, Determinants of Consumption Expenditures .
8) Midterm examination/Assessment
9) Consumption Function, Marginal Propensity to Consume Average Consumption Tendency
10) Saving Definition, Saving Function, Marginal Savings Average Savings.
11) Investment Definition, Factors Affecting Investment Realization. 3-Investment Function Marginal propensity to invest Average ınvestment trends
12) Aggregate Demand, Total Demand, Equilibrium Level of National Income, Save Paradox.
13) Full Employment National Income Level, Open the Inflationary, Prevention of Fiscal Policy With the Inflation Prevention of Inflation with Monetary Policy.
14) Macro Models.
15) The Business Cycle Theories
16) Final examination

Planned Learning Activities and Teaching Methods

Assessment Methods and Criteria

Contribution of Midterm Examination to Course Grade	30%
Contribution of Final Examination to Course Grade	70%
Total	100%

Language of Instruction

Turkish

Work Placement(s)