COURSE UNIT TITLE

: MACROECONOMICS I

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
ECO 2003 MACROECONOMICS I COMPULSORY 3 0 0 6

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

DOCTOR ŞULE GÜNDÜZ

Offered to

Economics

Course Objective

The objective of this course is to introduce basic macroeconomic concepts in addition to long-run topics, such as economic growth, the natural rate of unemployment and persistent inflation. Classical and new classical theories, such as the loanable-funds theory of interest rate, the quantity theory of money, and the problem of time inconsistency will also be explored.

Learning Outcomes of the Course Unit

1   The learner will clearly define basic macroeconomic concepts.
2   The learner will compare different macroeconomic theories (classical and Keynesian).
3   The learner will demonstrate understanding of economic growth in the long-run.
4   The learner will show the outcomes of different economic policies on national income, price level and interest rate
5   The learner will connect real life macroeconomic developments with the theoretical framework by following news in media

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction
2 The Science of Macroeconomics
3 The Data of Macroeconomics
4 National Income: Where it Comes From
5 National Income: Where it Goes
6 Unemployment
7 Money and Inflation I
8 Money and Inflation II
9 The Open Economy
10 The Open Economy
11 Economic Growth I
12 Economic Growth II

Recomended or Required Reading

Mankiw, Greg N. (2003), Macroeconomics, Fourth Edition, Worth Publishers
Blanchard, Olivier; Jonhson, David (2013), Macroeconomics, Sixth Edition, Pearson.

Planned Learning Activities and Teaching Methods

1. Lectures
2. Problem solving

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MT Midterm
2 FN Final
3 FCG FINAL COURSE GRADE MT * 0.40 + FN * 0.60
4 RST RESIT
5 FCGR FINAL COURSE GRADE (RESIT) MT * 0.40 + RST * 0.60


*** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will clearly define basic macroeconomic concepts.
2. The learner will compare different macroeconomic theories (classical and Keynesian).
3. The learner will demonstrate calculation and interpretation of main economic indicatiors such as GDP, Inflation, unemloyment, savings.
4. The learner will demonstrate understanding of economic growth in the long-run.
5. The learner will show the outcomes of different economic policies on national income, price level and interes rate.
6. The learner will connect real life macroeconomic developments with the theoretical framework by following news in media.

Language of Instruction

English

Course Policies and Rules

1. Attending at least 70 percent of lectures is mandatory.
2. Plagiarism of any type will result in disciplinary action.

Contact Details for the Lecturer(s)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 12 3 36
Tutorials 8 2 16
Preparations before/after weekly lectures 12 2 24
Preparation for midterm exam 1 15 15
Preparations before/after weekly lectures 1 15 15
Preparation for quiz etc. 12 3 36
Midterm 1 2 2
Final 1 2 2
TOTAL WORKLOAD (hours) 146

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14
LO.153
LO.254
LO.354
LO.433445
LO.5233

CONTACT INFORMATION
Dokuz Eylül Üniversitesi Cumhuriyet Bulvarı No: 144 35210 Alsancak / İZMİR
Phone: +90(232) 412 12 12 - Fax: +90 (232) 464 81 35

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