PAÜ .:. Eğitim Öğretim Bilgi Sistemi

COURSE INFORMATION

Course Code	Course Title	L+P Hour	Semester	ECTS
ECON 203	MACROECONOMICS - I	4 + 0	3rd Semester	6

COURSE DESCRIPTION

Course Level	Bachelor's Degree
Course Type	Compulsory
Course Objective	The goal of the course is to explain aggregate variables such as total production and its components, inflation, unemployment, budget, balance of trade, exchange rate, economic fluctuation, and is to provide students with the modern macroeconomics theory and tools to lead student to model and analyze the relationships among macroeconomic variables and policies.
Course Content	The course includes gross domestic income , national income, the relationship between money and inflation, unemployment, open economics and the effects of policies in a open economics, economic fluctuations, aggregate demand, the IS-LM model, The Mundell–Fleming Model and the Exchange-Rate Regimes
Prerequisites	No the prerequisite of lesson.
Corequisite	No the corequisite of lesson.
Mode of Delivery	Face to Face

COURSE LEARNING OUTCOMES

1	-
2	Explain macroeconomic concepts and the relationships among them
3	Explain relationships among macroeconomic variables such as gross domestic product, unemployment, inflation, recession and expansion, budget deficit, interest rate, export and import, trade balance, economic fluctuations
4	Construct macroeconomic models and use these models to analyse the effects of macroeconomic policies on the macroeconomic variables.
5	Explain the effects monetary and fiscal policy in the short and long run on the macroeconomic variables
6	Evaluate and foresee the outcome of monetary and fiscal policy
7	Explain what determines exchange rates
8	Express how the interest rate is determined and changed in the economy in a open and closed economies
9	Use an aggregate demand and aggregate supply macroeconomic model to interpret the effect of economic shocks on inflation and output.

COURSE'S CONTRIBUTION TO PROGRAM

	PO 01	PO 02	PO 03	PO 04	PO 05	PO 06	PO 07	PO 08	PO 09	PO 10	PO 11	PO 12
LO 001	5	5	5	5	5	5	5	5	5	5	5	5
Sub Total	5	5	5	5	5	5	5	5	5	5	5	5
Contribution	1	1	1	1	1	1	1	1	1	1	1	1

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION

Activities	Quantity	Duration (Hour)	Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)	13	3	39
Hours for off-the-classroom study (Pre-study, practice)	13	3	39
Assignments	4	13	52
Mid-terms	1	13	13
Final examination	1	13	13
Total Work Load ECTS Credit of the Course			156 6

COURSE DETAILS

Select Year

	Course Term	No	Instructors
Details	2020-2021 Fall	3	DUYGU YOLCU KARADAM

Course Details

Course Code	Course Title	L+P Hour	Course Code	Language Of Instruction	Course Semester
ECON 203	MACROECONOMICS - I	4 + 0	3	English	2020-2021 Fall

Course Coordinator	E-Mail	Phone Number	Course Location	Attendance
Assoc. Prof. Dr. DUYGU YOLCU KARADAM	dyolcu@pau.edu.tr		İİBF A0001	%70

Goals		The goal of the course is to explain aggregate variables such as total production and its components, inflation, unemployment, budget, balance of trade, exchange rate, economic fluctuation, and is to provide students with the modern macroeconomics theory and tools to lead student to model and analyze the relationships among macroeconomic variables and policies.
Content		The course includes gross domestic income , national income, the relationship between money and inflation, unemployment, open economics and the effects of policies in a open economics, economic fluctuations, aggregate demand, the IS-LM model, The Mundell–Fleming Model and the Exchange-Rate Regimes

Topics

Weeks	Topics
1	Introduction to Macroeconomics
2	Measuring macroeconomic data
3	Measuring macroeconomic data
4	Aggregate production and productivity
5	Saving and investment in closed and open economies
6	Consumption, Saving and Investment
7	Money and Inflation
8	Midterm
9	Business cycles: An introduction
10	IS Curve
11	Monetary policy and aggregate demand
12	Aggregate supply and the Phillips curve
13	Aggregate demand and supply model
14	Macroeconomic policy and AD-AS analysis

Materials

Materials are not specified.

Resources

Resources	Resources Language
Macroeconomics: Policy and Practice, F. Mishkin, 2nd edition	English

Course Assessment

L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes

Prospective Student