| Course Unit Title | Course Unit Code | Type of Course Unit | Level of Course Unit | Year of Study | Semester | ECTS Credits |
|---|---|---|---|---|---|---|
| Macro Economics | BSP112 | Compulsory | Associate degree | 1 | Spring | 4 |
Name of Lecturer(s)
Associate Prof. Dr. Fatih KOÇ
Lecturer Elvan AKSEN
Lecturer Dr. Kerem ÇOLAK
Learning Outcomes of the Course Unit
1) Using basic knowledge of macro-economics
2) Explaning basic knowledge of macro-economic problems
3) Following economics developments
4) Commenting on economic problems with the help of basic knowledge of economics in business life
5) Using basic knowledge for advanced-level macro-economics
Program Competencies-Learning Outcomes Relation
| Program Competencies | |||||||||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | ||
| Learning Outcomes | |||||||||||||
| 1 | High | High | Middle | Middle | Middle | Low | Low | No relation | Middle | Low | No relation | Low | |
| 2 | High | High | High | High | High | High | High | No relation | High | Low | No relation | Middle | |
| 3 | High | High | High | High | High | No relation | No relation | No relation | No relation | No relation | No relation | No relation | |
| 4 | No relation | No relation | No relation | No relation | No relation | No relation | No relation | No relation | No relation | Low | No relation | Middle | |
| 5 | High | High | High | High | High | Low | Middle | No relation | High | Low | Middle | Middle | |
Mode of Delivery
Face to Face
Prerequisites and Co-Requisites
None
Recommended Optional Programme Components
Not Required
Course Contents
Definition and Subject of Economics, Gross National Product (GNP), Aggregate Demand, Aggregate Supply Analysis, Inflation, Employment Unemployment, Monetary Theory and Policy, Fiscal Policy, International Economic Relations, Balance of Payments, Economic Growth and Development
Weekly Schedule
1) Basics of Macroeconomics, Objectives and Tools2) Definition of national income, national income accounting, Income Expenditure Current
3) Defination inflation
4) Types of Inflation
5) Effects of inflation, disinflation policies
6) Concept of Employment, Unemployment and Unemployment Basic Concepts, Types of unemployment
7) Definition of Money, Money System, Money Demand and Money Supply
8) Midterm examination/Assessment
9) Central Bank, the tasks, the Central Bank's Independence Problem
10) Definition of Monetary Policy, Objectives and Tools
11) Monetary Policy Influence Economic roads
12) Public Sector, Public Spending and Taxes
13) Fiscal Policy Objectives and Tools, Budget Deficits and Financing
14) Benefits and Disadvantages of Specialization in Foreign Trade and Foreign Trade, Balance of Payments
15) Scope Definition of the Economic Growth and Development, Growth Factors, Development Strategies
16) Final examination
Recommended or Required Reading
Planned Learning Activities and Teaching Methods
1) Lecture
2) Question-Answer
3) Discussion
4) Drill and Practice
5) Case Study
6) Problem Solving
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)
Not Required