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| EKO5650 | Macroeconomics Applications | 3+0+0 | ECTS:7.5 | | Year / Semester | Spring Semester | | Level of Course | Second Cycle | | Status | Elective | | Department | DEPARTMENT of ECONOMETRICS | | Prerequisites and co-requisites | None | | Mode of Delivery | | | Contact Hours | 14 weeks - 3 hours of lectures per week | | Lecturer | Prof. Dr. Rahmi YAMAK | | Co-Lecturer | | | Language of instruction | Turkish | | Professional practise ( internship ) | None | | | | The aim of the course: | | To integrate the macro economics theory with applied econometrics. To review macro economics problems and solution. |
| Programme Outcomes | CTPO | TOA | | Upon successful completion of the course, the students will be able to : | | | | PO - 1 : | identify and list the appropriate optimization methods | 5,6 | 1,3, | | PO - 2 : | sample the alternative methods | 5,6 | 1,3, | | PO - 3 : | predict by using the alternative methods | 5,6 | 1,3, | | PO - 4 : | compare among the appropriate optimization methods. | 5,6 | 1,3, | | PO - 5 : | have findings for future | 5,6 | 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 | | |
| Optimization in economics, dynamic optimization in consumption, dynamic investment, dynamic labour demand |
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| Course Syllabus | | Week | Subject | Related Notes / Files | | Week 1 | Dynamic optimization in economics | | | Week 2 | Dynamic analysis of consumption | | | Week 3 | Application to intertemporal consumption theory | | | Week 4 | Dynamic analysis of investment | | | Week 5 | Application optimization techniques in the context of partial equilibrium investment models | | | Week 6 | Adjustment Costs in the labour Market | | | Week 7 | Deriving the labour market equilibrium | | | Week 8 | Dynamic labour demand | | | Week 9 | Mid-term exam | | | Week 10 | Dynamic frictional unemployment | | | Week 11 | Dynamic general equilibrium | | | Week 12 | Quiz | | | Week 13 | Growth in dynamic general equilibrium, Uncertainty | | | Week 14 | Externalities | | | Week 15 | Externalities and endogenous growth models | | | Week 16 | End-of-term exam | | | |
| 1 | Bagliano, Fabio-Cesare 2004; Models for Dynamic Macroeconomics, Published to Oxford Scholarship Online | | | |
| Method of Assessment | | Type of assessment | Week No | Date | Duration (hours) | Weight (%) | | Mid-term exam | 9 | 04/2024 | 1 | 30 | | Homework/Assignment/Term-paper | 12 | 05/2024 | 2 | 20 | | End-of-term exam | 16 | 06/2024 | 1 | 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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