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| IKT6511 | Selected Topics in Macroeconomics-II | 3+0+0 | ECTS:7.5 | | Year / Semester | Spring Semester | | Level of Course | Third Cycle | | Status | Elective | | Department | DEPARTMENT of ECONOMICS | | Prerequisites and co-requisites | None | | Mode of Delivery | Face to face | | Contact Hours | 14 weeks - 3 hours of lectures per week | | Lecturer | Prof. Dr. Seyfettin ARTAN | | Co-Lecturer | None | | Language of instruction | | | Professional practise ( internship ) | None | | | | The aim of the course: | | To develop skills of the students in understanding and analyzing graduate topics on macroeconomics. |
| Programme Outcomes | CTPO | TOA | | Upon successful completion of the course, the students will be able to : | | | | PO - 1 : | students will be able to understand the implications of openness and the integration of modern economies with world goods and financial markets. | 4,5 | 1 | | PO - 2 : | students will be able to calculate, analyze and interpret different of economic and financial data to extract useful information for optimal decision-making. | 4,5 | 1,3 | | PO - 3 : | students will be able to analyze the developments in theoretical research in macroeconomics. | 4,5 | 1,3 | | PO - 4 : | students will be able to apply key concepts in modern macroeconomics and use them in their own research. | 4,5 | 1,3 | | PO - 5 : | students will be able to examine the links between markets, sectors and economies. | 4,5 | 1,3 | | CTPO : Contribution to programme outcomes, TOA :Type of assessment (1: written exam, 2: Oral exam, 3: Homework assignment, 4: Laboratory exercise/exam, 5: Seminar / presentation, 6: Term paper), PO : Learning Outcome | | |
| Time, money, and expectations in competing schools of macroeconomics, monetary policy, international economic crsisis, income distribution, open economics |
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| Course Syllabus | | Week | Subject | Related Notes / Files | | Week 1 | Ricardian equivalence | | | Week 2 | Monetary policy rules | | | Week 3 | Monetary policy strageties | | | Week 4 | Monetary transmission mechanisms | | | Week 5 | 1929 world economic crisis | | | Week 6 | 2007-20? global financial crisis | | | Week 7 | Time and competing schools of macroeconomics | | | Week 8 | Mid-term exam | | | Week 9 | Money and competing schools of macroeconomics | | | Week 10 | Expectation and competing schools of macroeconomics | | | Week 11 | Economic policies and competing schools of macroeconomics | | | Week 12 | Open-macroeconomics:Mundell-Fleming theoretical framework | | | Week 13 | Orthodox and heteredox macroeconomics: need for reconciliation | | | Week 14 | Income distribution | | | Week 15 | Facts and fictions in macroeconomics | | | Week 16 | End-of-term exam | | | |
| 1 | Froyen, T.F. 1999; Macroeconomics: Theories and Policies, Practise Hall, New Jersey | | | 2 | Bocutoğlu, E. 2007; Karşılaştırmalı Makro İktisat: Teoriler ve Politikalar, Derya Kitabevi, Trabzon | | | |
| Method of Assessment | | Type of assessment | Week No | Date | Duration (hours) | Weight (%) | | Mid-term exam | 8 | 04/2024 | 2 | 30 | | Quiz | 11 | 05/2024 | 1 | 20 | | End-of-term exam | 16 | 05/2024 | 2 | 50 | | |
| Student Work Load and its Distribution | | Type of work | Duration (hours pw) | No of weeks / Number of activity | Hours in total per term | | Yüz yüze eğitim | 3 | 14 | 42 | | Sınıf dışı çalışma | 8 | 14 | 112 | | Arasınav için hazırlık | 12 | 2 | 24 | | Arasınav | 2 | 1 | 2 | | Ödev | 3 | 2 | 6 | | Kısa sınav | 1 | 1 | 1 | | Dönem sonu sınavı için hazırlık | 12 | 3 | 36 | | Dönem sonu sınavı | 2 | 1 | 2 | | Total work load | | | 225 |
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