COURSE UNIT TITLE

: MACRO ECONOMICS

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
MBA 1008 MACRO ECONOMICS COMPULSORY 3 0 0 5

Offered By

Maritime Business Administration (English)

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

Offered to

Maritime Business Administration (English)
Maritime Business Administration (Evening)

Course Objective

Recognize basic concepts of economics. Explain how concepts of economics affect the world's current economic climate. Demonstrate and understanding of basic theories and their application methods in real world.

Learning Outcomes of the Course Unit

1   Define and identify economic terms and concepts ( Households, government, firms )
2   Compare the characteristics and institutions of market-based economies, mixed economies and planned economies.
3   Identify the factors of production
4   Identify the basic economic questions.
5   Identify the functions of money and monetary polcy tools

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 The Economics : What is Macroeconomics Purpose of the course
2 The Realm of Economics : What is Macroeconomics, GDP, Aggregates
3 The Goal of Macroeconomics Policy : Growth, Unemployment, Inflation
4 Economic Growth and History of Economic Growth : Pillars of Growth, Growth Policy
5 Demand side equilibrium : Aggregate Demand, Components of AD, equilibrium
6 Supply Side Equilibrium : Aggregate Supply Shocks, AS
7 Supply Side Equilibrium
8 Fiscal Policy : Multiplier, Tax policy
9 Monetary Policy : Money and Banking
10 Monetary Policy : Tools of Monetary Policy, Keynesian Model
11 Monetary Policy Tools
12 Debate over Policy
13 International trade : Trade Policies
14 Trade and Monetary Policy : Open Economy

Recomended or Required Reading

Text Book :

Case Karl E., Fair Ray C., Oster Sharon M., Principles of Economics, 10th Edition, Prentice Hall, London, 2012.

References :

1) Lipsey, Richard G., Courant Paul N., Ragan, Christopher T. S., economics. 12th Edition, Addison-Wesley Publishing Company, United States, 2000.

2) Baumol, William J, Blinder Alan S. Economics : Principles and Policy, Harcourt Brace Jovanovich Publication, New York. 2000.

3) Begg David, Fischer Stanley, Dornbuch Rudiger, Economics, 5th Edition, McGraw Hill Publication, England, 2008.

Planned Learning Activities and Teaching Methods

Cooperative and active teaching and learning strategies

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 FINS FINAL EXAM
3 FCG FINAL COURSE GRADE MTE * 0.40 + FINS * 0.60
4 RST RESIT
5 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.40 + RST * 0.60


Further Notes About Assessment Methods

None

Assessment Criteria

There will be two midterm and one final exam covering the prior lecture and reading material.

Language of Instruction

English

Course Policies and Rules

All students are expected to attend classes punctually and regularly. Access to final exam will be granted to students who attain an attendance in excess of 70%

Contact Details for the Lecturer(s)

E-mail : serdar.ayan@deu.edu.tr

Office Hours

Monday, Wednesday : 12:00 - 13:00

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 14 3 42
Preparations before/after weekly lectures 10 4 40
Preparation for midterm exam 2 10 20
Preparation for final exam 1 20 20
Midterm 2 2 4
Final 1 2 2
TOTAL WORKLOAD (hours) 128

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13
LO.133335
LO.2333333
LO.3353
LO.43333335
LO.533333

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

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