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| IKT1002 | Introduction to Economics - II | 3+0+0 | ECTS:6 | | Year / Semester | Spring Semester | | Level of Course | First Cycle | | Status | Compulsory | | Department | DEPARTMENT of ECONOMICS | | Prerequisites and co-requisites | None | | Mode of Delivery | | | Contact Hours | 14 weeks - 3 hours of lectures per week | | Lecturer | Prof. Dr. Adem KALÇA | | Co-Lecturer | Assoc. Prof. Dr. Osman Murat TELATAR, Assoc. Prof. Dr. İbrahim AL | | Language of instruction | Turkish | | Professional practise ( internship ) | None | | | | The aim of the course: | | To develop skills of the students in understanding undergraduate topics on macroeconomics. |
| Learning Outcomes | CTPO | TOA | | Upon successful completion of the course, the students will be able to : | | | | LO - 1 : | Identify some of the fundemantel economics concepts. | 1,2,3 | 1, | | LO - 2 : | Understand and evaluate the assumption and body of macroeconomic theory. | 1,2,3 | 1, | | LO - 3 : | Formulate appropriate government policy responses to economic instability through fiscal and monetary policy. | 1,2,3 | 1, | | LO - 4 : | Analyze current economics events and macroeconomic issues. | 1,2,3 | 1, | | LO - 5 : | Use simple models to show the impact of fiscal and monetary policy. | 1,2,3 | 1, | | 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), LO : Learning Outcome | | |
| Introductory concepts, national accounting system, real and nominal GNP, economic growth, inflation and unemployment, consumption and investment, exchange rates, money supply and money demand, monetary and fiscal policy, aggregate demand and supply. |
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| Course Syllabus | | Week | Subject | Related Notes / Files | | Week 1 | Introductory concepts | | | Week 2 | Measuring national output and national income | | | Week 3 | Economic growth and unemployment | | | Week 4 | Inflation and interest rates | | | Week 5 | The social costs of inflation | | | Week 6 | Consumption and investment | | | Week 7 | Money supply and money demand | | | Week 8 | Central banking and monetary policy I | | | Week 9 | Mid-term exam | | | Week 10 | Central banking and monetary policy II | | | Week 11 | The government and fiscal policy I | | | Week 12 | The government and fiscal policy II | | | Week 13 | Exchange rates | | | Week 14 | Aggregate demand I | | | Week 15 | Aggregate demand II | | | Week 16 | End-of-term exam | | | |
| 1 | Yalta, Y. ve Yalta T. 2022; Modern Makro Ekonomiye Giriş, Adres Yayınları | | | |
| 1 | Ünsal, Erdal M., 2007; Makro İktisat, İmaj Yayınevi, Ankara | | | 2 | Bocutoğlu, E. , 2009; Makro İktisat: Teoriler ve Politikalar, Derya Kitabevi, Trabzon | | | |
| Method of Assessment | | Type of assessment | Week No | Date | Duration (hours) | Weight (%) | | Mid-term exam | 9 | 04/2023 | 1 | 50 | | End-of-term exam | 16 | 06/2023 | 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 | 6 | 14 | 84 | | Arasınav için hazırlık | 11 | 2 | 22 | | Arasınav | 1 | 1 | 1 | | Dönem sonu sınavı için hazırlık | 10 | 3 | 30 | | Dönem sonu sınavı | 1 | 1 | 1 | | Total work load | | | 180 |
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