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COURSE INFORMATION
Course CodeCourse TitleL+P HourSemesterECTS
EKON 102INTRODUCTION TO ECONOMICS - II3 + 02nd Semester4

COURSE DESCRIPTION
Course Level Bachelor's Degree
Course Type Compulsory
Course Objective The course aims to introduce students to the fundamental concepts of macroeconomics to analyze the effects of monetary and fiscal policy on macroeconomic variables such as inflation, interest rate, unemployment , investment, output, trade balance etc. and to provide a way of understanding how the economy as a whole works.
Course Content The course explains the determinants of gross domestic income, inflation, unemployment, recessions and expansion, interest rate, trade balance, exchange rate. It also examines alternative views regarding the effectiveness of monetary and fiscal policy on the economy in the short and long run
Prerequisites No the prerequisite of lesson.
Corequisite No the corequisite of lesson.
Mode of Delivery Face to Face

COURSE LEARNING OUTCOMES
1Analyze to basic principles of macroeconomics.
2Explain relationships among macroeconomic variables such as gross domestic product, unemployment, inflation, recession and expansion, budget deficit, interest rate, export and import, trade balance
3Use the concepts of macroeconomics to understand and analyze the effect of a change in a macroeconomic variable on the others.
4Explain the effects monetary and fiscal policy in the short and long run on the macroeconomic variables
5Evaluate and foresee the outcome of monetary and fiscal policy on the macroeconomic variables
6Explain the roles of banking system and central banks in the economy
7Express how the interest rate is determined and changed in the economy and predict the effects of a change in interest rate on the macroeconomic variables.
8Use an aggregate demand and aggregate supply model to interpret the effect of economic shocks on inflation and output.

COURSE'S CONTRIBUTION TO PROGRAM
PO 01PO 02PO 03PO 04PO 05PO 06PO 07PO 08PO 09PO 10PO 11PO 12
LO 001323332311334
LO 0023323332  323
LO 0032323343  323
LO 0043233333  334
LO 0053223332  223
LO 0062232222  223
LO 0073232223  232
LO 0083233333  333
Sub Total2218212222222111212025
Contribution323333300333

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
ActivitiesQuantityDuration (Hour)Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)14342
Hours for off-the-classroom study (Pre-study, practice)14228
Mid-terms12020
Final examination11414
Total Work Load

ECTS Credit of the Course






104

4
COURSE DETAILS
 Select Year   


 Course TermNoInstructors
Details 2023-2024 Spring8ÖZGÜR ALTUNTAŞ
Details 2022-2023 Summer1MUHAMMET ALİ AVCI
Details 2022-2023 Spring12CEMİL ÇİFTÇİ
Details 2021-2022 Spring6CEMİL ÇİFTÇİ
Details 2020-2021 Spring8CEMİL ÇİFTÇİ
Details 2020-2021 Spring7CEMİL ÇİFTÇİ
Details 2019-2020 Summer1HALİL UÇAL
Details 2019-2020 Spring7MUHAMMET ENSAR YEŞİLYURT
Details 2019-2020 Spring6ÖZGÜR ALTUNTAŞ
Details 2018-2019 Summer1MUHAMMET ENSAR YEŞİLYURT
Details 2018-2019 Spring8ÖZGÜR ALTUNTAŞ
Details 2018-2019 Spring7ÖZGÜR ALTUNTAŞ
Details 2017-2018 Summer1MUSTAFA OZAN YILDIRIM
Details 2017-2018 Spring15ÖZCAN UZUN
Details 2017-2018 Spring14ÖZGÜR ALTUNTAŞ
Details 2016-2017 Summer1ÖZCAN UZUN
Details 2016-2017 Spring8ÖZGÜR ALTUNTAŞ
Details 2016-2017 Spring7ÖZCAN UZUN
Details 2015-2016 Spring14MUHAMMET ALİ AVCI
Details 2015-2016 Spring13AYDIN SARI
Details 2014-2015 Summer1MUHAMMET ALİ AVCI
Details 2014-2015 Summer1MUHAMMET ALİ AVCI
Details 2014-2015 Spring12MUHAMMET ALİ AVCI
Details 2014-2015 Spring11MUHAMMET ENSAR YEŞİLYURT
Details 2013-2014 Summer2CEMİL ÇİFTÇİ
Details 2013-2014 Summer2CEMİL ÇİFTÇİ
Details 2013-2014 Spring12ALİ İHSAN KARAALP
Details 2013-2014 Spring11ALİ İHSAN KARAALP
Details 2013-2014 Spring2MEHMET FATİH ÖZTEK
Details 2013-2014 Spring2FAHRETTİN DİNGİL
Details 2012-2013 Summer3REŞAT CEYLAN
Details 2012-2013 Summer3REŞAT CEYLAN
Details 2012-2013 Summer3REŞAT CEYLAN
Details 2012-2013 Spring18NİHAL YAYLA
Details 2012-2013 Spring17NİHAL YAYLA
Details 2012-2013 Spring8SEVCAN GÜNEŞ
Details 2011-2012 Spring20NİHAL YAYLA
Details 2011-2012 Spring19CEMİL ÇİFTÇİ
Details 2011-2012 Spring18HACER SİMAY KARAALP ORHAN
Details 2011-2012 Spring17SEVCAN GÜNEŞ
Details 2010-2011 Summer4SEVCAN GÜNEŞ
Details 2010-2011 Summer2ABDULVAHAP ÖZCAN
Details 2010-2011 Spring24ABDULVAHAP ÖZCAN
Details 2010-2011 Spring12MEHMET İVRENDİ
Details 2010-2011 Spring11SEVCAN GÜNEŞ
Details 2009-2010 Summer3CELAL NACİ KÜÇÜKER
Details 2009-2010 Summer2MUHAMMET ENSAR YEŞİLYURT
Details 2009-2010 Spring20ALİ İHSAN KARAALP
Details 2009-2010 Spring11MEHMET İVRENDİ
Details 2009-2010 Spring10CELAL NACİ KÜÇÜKER


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Course Details
Course Code Course Title L+P Hour Course Code Language Of Instruction Course Semester
EKON 102 INTRODUCTION TO ECONOMICS - II 3 + 0 8 Turkish 2023-2024 Spring
Course Coordinator  E-Mail  Phone Number  Course Location Attendance
Asts. Prof. Dr. ÖZGÜR ALTUNTAŞ oaltuntas@pau.edu.tr İİBF AB113 %70
Goals The course aims to introduce students to the fundamental concepts of macroeconomics to analyze the effects of monetary and fiscal policy on macroeconomic variables such as inflation, interest rate, unemployment , investment, output, trade balance etc. and to provide a way of understanding how the economy as a whole works.
Content The course explains the determinants of gross domestic income, inflation, unemployment, recessions and expansion, interest rate, trade balance, exchange rate. It also examines alternative views regarding the effectiveness of monetary and fiscal policy on the economy in the short and long run
Topics
WeeksTopics
1 Macroeconomics. Definition. Differences from microeconomics. introduction to macroeconomic subjects.
2 Economic growth.Definition.Calculation. GNP.Accounting methods.Achiving NP. Disposable income.
3 Price index. Real GNP. Ratio of Economic growth
4 Aggregate Demand and Aggregate Supply. Ingredients of Aggregate Demand (Keynes Model). Consumption Function. Saving Function.
5 İnvestment Function. Equilibrium income level. Multiplier effect.
6 Adding government to model. Government expenditures. Taxes. tex multiplier. Transfer expenditures.Effects on equilibrium income level.
7 Open economy model. Exports and imports. Open economy multiplier. Changes in Equilibrium income level
8 Midterm
9 Full employment income level. Inflationary end deflationary gaps. Fiscal policy.
10 Employment. importance. unemployment. Kinds and reasons. Unempoyment policies.
11 Inflation. Importance. Kinds of. Inflation policies.
12 Money. Definition and characteristics of. Kinds of. Money demand. Money supply. Central Bank and functions. Monetary policy.
13 Foreign trade. Reasons for. Foreign trade policy. Instruments for. Balance of payments. Gaps and precaution policies.
14 Economic development. Definition. Underdeveloped country characteristics. Theory of development. Development policies.
Materials
Materials are not specified.
Resources
ResourcesResources Language
Zeynel Dinler "İktisada Giriş"Türkçe
Course Assessment
Assesment MethodsPercentage (%)Assesment Methods Title
Final Exam60Final Exam
Midterm Exam40Midterm Exam
L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes