| Course Unit Title | Course Unit Code | Type of Course Unit | Level of Course Unit | Year of Study | Semester | ECTS Credits |
|---|---|---|---|---|---|---|
| General Equilibrium Models | IKT130 | Elective | Doctorate degree | 1 | Spring | 6 |
Name of Lecturer(s)
Associate Prof. Dr. Figen BÜYÜKAKIN
Learning Outcomes of the Course Unit
1) Makes evaluations about which policies should be implemented in order to eliminate economic instability.
2) Explains the implications of the implemented policies regarding macroeconomic stability. 3. Will be able to evaluate the reflections of commercial agreements made in the field of International Economics in terms of internal and external balance.
3) Will be able to evaluate the reflections of commercial agreements made in the field of International Economics in terms of internal and external balance.
Program Competencies-Learning Outcomes Relation
| Program Competencies | ||||
| 1 | 2 | 3 | ||
| Learning Outcomes | ||||
| 1 | Middle | Middle | Middle | |
| 2 | Middle | High | High | |
| 3 | High | High | High | |
Mode of Delivery
Face to Face
Prerequisites and Co-Requisites
None
Recommended Optional Programme Components
Macro Economy, Micro Economy
Course Contents
WEEK TOPICS 1. Week Introduction to the Concept of Balance 2. Week Partial and General Equilibrium Analysis 3. Week A Simple General Equilibrium Model 4. Week Macroeconomic General Equilibrium Model 5. Week Investment and Saving Equity (Macro General Equilibrium in a Closed Economy Model) 6. Week Open Economy Policies 7. Week Capital Movements and Adjusting the Balance of Payments 8. Week Midterm Exam 9. Week Balance of Payments (Simultaneous Macro General Equilibrium in Open Economy Model) 10. Week Monetary and Fiscal Policy Practices 11. Week Mundell-Fleming Model 12. Week Policies Applied in International Trade (Expenditure Slider and Expenditure Modifier Policies) 13. Week Harmonization of Monetary and Fiscal Policies with Expenditure Modifier and Spending Shifting Policies 14. Week Final Exam
Recommended or Required Reading
Planned Learning Activities and Teaching Methods
1) Lecture
2) Question-Answer
3) Discussion
4) Drill and Practice
5) Modelling
6) Group Study
7) Brain Storming
8) Case Study
9) Self Study
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