COURSE UNIT TITLE

: ADVANCED MACROECONOMIC THEORY

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
ECN 6061 ADVANCED MACROECONOMIC THEORY COMPULSORY 3 0 0 8

Offered By

Economics (English)

Level of Course Unit

Third Cycle Programmes (Doctorate Degree)

Course Coordinator

PROFESSOR DOCTOR SAADET KASMAN

Offered to

Economics (English)

Course Objective

The objective of this course is to introduce students to the study of macroeconomics at the advanced level.The rigorous models and optimization techniques will be used to present and analyze macroeconomic theories. The goal is to provide students with a deeper understanding of macroeconomic theories as well as broader knowledge of the main policy issues which these theories applies.

Learning Outcomes of the Course Unit

1   Learn advanced macroeconomic models
2   Understand the concepts such as intertemporal choice, the dynamic firm behavior, and fiscal and technological shocks
3   Apply mathematical and analytical tools to analyze macroeconomic phenomena
4   To be able to follow macroeconomic literature
5   To be able to research and write academic paper

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 1. Introduction: Microfoundations of Macroeconomics 11. Endogenous Growth Model
2 2.Labour,Leisure and Productivity 12. Real Business CycleTheory
3 3. Employment Cycles and Taxes 13. Consumption
4 4. Trade in Labour and Goods Market 14. Final
5 5. Investment and Savings
6 6. Capital Policy and Business Cycles
7 7. Midterm
8 8.The Solow Growth Model
9 9. The Ramsey-Cass-Koopmans Model
10 10. The Dioamond Model

Recomended or Required Reading

1. David Romer, Advanced Macroeconomics, McGraw Hill, 2012
2. Max Gillman, Advanced Modern Macroeconomics Analysis and Application, Pearson, 2011
3. Papers

Planned Learning Activities and Teaching Methods

1. Lectures
2. Class discussions
3. Assignments

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 STT TERM WORK (SEMESTER)
3 FIN FINAL EXAM
4 FCG FINAL COURSE GRADE MTE * 0.35 + STT * 0.25 + FIN* 0.40
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.35 + STT * 0.25 + RST* 0.40


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

Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will compare advanced macroeconomic models.
2. The learner will clearly define macroeconomic concepts such as two period intertemporal choice, the dynamic firm behavior and fiscal and technological shocks.
3. The learner will apply mathematical and analytical tools to analyze advanced macroeconomic phenomena.
4. The learner will show understanding of an academic paper in the related literature.
5. The learner will write an academic paper.

Language of Instruction

English

Course Policies and Rules

It is obligatory to attend at least 70% of the classes.

Contact Details for the Lecturer(s)

saadet.kasman@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 13 3 39
Tutorials 13 1 13
Preparation for midterm exam 1 33 33
Preparation for final exam 1 43 43
Preparing presentations 1 18 18
Preparations before/after weekly lectures 13 1 13
Preparing assignments 5 7 35
Midterm 1 3 3
Final 1 3 3
TOTAL WORKLOAD (hours) 200

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10
LO.1453
LO.2534
LO.35
LO.4545
LO.5454

CONTACT INFORMATION
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Phone: +90(232) 412 12 12 - Fax: +90 (232) 464 81 35

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