COURSE UNIT TITLE

: ECONOMICS II

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
ECO 1002 ECONOMICS II COMPULSORY 3 0 0 5

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR DOCTOR YEŞIM ÜÇDOĞRUK GÜREL

Offered to

Economics
International Business and Trade
International Relations
BUSINESS ADMINISTRATION
Political Science and International Relations
International Trade and Business (English)
Tourism Management

Course Objective

The purpose of the course is to provide a basic understanding of macroeconomic concepts such as national income, inflation, unemployment. The course provides understanding of short run fluctuations by Keynesian model, money and its uses, monetary policy tools. Alternative views of the effectiveness of fiscal, monetary and other governmental policies are also analyzed.

Learning Outcomes of the Course Unit

1   Be able to demonstrate an understanding of basic macroeconomic concepts so that the learner can follow economic news in the media.
2   Identify the components of national income, causes of inflation and types of unemployment through lectures.
3   Demonstrate an understanding of simple Keynesian model, including multipliers, equilibrium in goods market by applying graphical and mathematical tools.
4   Demonstrate an understanding of money, uses of money and money creation by commercial banks.
5   Identify the monetary policy tools of the Central Bank.
6   Acquire the skills to use library and media resources to enhance economic reasoning.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction to Macroeconomics Chapter 20
2 Measuring National Output and National Income Chapter 21
3 Unemployment, Inflation and Long-run Growth Chapter 22
4 Aggregate Expenditure and Equilibrium output Chapter 23
5 Aggregate Expenditure and Equilibrium Output Chapter 23
6 The Government and Fiscal policy Chapter 24
7 Money, Central Bank and Interest Rate Chapter 25
8 The Determination of Aggregate output, The price level and the Interest rate Chapter 26
9 The Determination of Aggregate output, The price level and the Interest rate Chapter 26
10 Policy effects and cost shocks in AD/AS Model Chapter 27
11 Policy effects and cost shocks in AD/AS Model Chapter 27
12 The Labor Market in the Macroeconomy Chapter 28

Recomended or Required Reading

Karl E. CASE, Ray C. FAIR and Sharon E. OSTER, Principles of Economics (Global Edition), Pearson Prentice Hall, New Jersey, 12th Edition

Planned Learning Activities and Teaching Methods

1. Lectures
2. Problem Sets
3. Readings

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


Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will clearly define basic macroeconomic concepts in contemporary economic media news.
2. The learner will clearly define economic concepts and terms regarding national income accounting, unemployment and inflation.
3. The learner will use necessary graphical and mathematical tools to explain goods and money market equilibrium.
4. The learner will compute multipliers and elaborate on changes in goods and money market equilibrium.
5. The learner will recognize economic issues defined in reserved books and resources at the library.

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)

yesim.ucdogruk@deu.edu.tr

Office Hours

To be announced

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 12 3 36
Preparation for final exam 1 30 30
Preparation for quiz etc. 0 0 0
Preparations before/after weekly lectures 12 2 24
Preparation for midterm exam 1 24 24
Midterm 1 3 3
Quiz etc. 0 0 0
Final 1 3 3
TOTAL WORKLOAD (hours) 120

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13
LO.15
LO.25
LO.34
LO.44
LO.55
LO.64

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

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