PAÜ .:. Eğitim Öğretim Bilgi Sistemi

COURSE INFORMATION

Course Code	Course Title	L+P Hour	Semester	ECTS
IKT 577	THEORIES OF BUSINESS CYCLE	3 + 0	2nd Semester	7,5

COURSE DESCRIPTION

Course Level	Master's Degree
Course Type	Elective
Course Objective	to learn the economic business cycle theories
Course Content	Moldes of business cycle; Classical Moldes, Hicks, Kaldor, Goodwin, Oxbridge Models, Hawtrey, Avusturalian, Business Cycle: Keynesian Theory and Monetarist Economics, New Classical Economics, Real Business Cycle , New Keynessian Theory and New Monetary Theory, Politics and Business Cycle, Financial Stability, Money and Currency Crisis, Debt crises, Dual Crisis, Banking Crisis, Commodity Crisis , Business Cycle in Open Economy and Stabilization Policy
Prerequisites	No the prerequisite of lesson.
Corequisite	No the corequisite of lesson.
Mode of Delivery	Face to Face

COURSE LEARNING OUTCOMES

1	to explain the business cycle theories
2	to analyse the different economics school

COURSE'S CONTRIBUTION TO PROGRAM

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	5	65
Hours for off-the-classroom study (Pre-study, practice)	13	3	39
Assignments	2	13	26
Final examination	1	39	39
Midterm	1	26	26
Total Work Load ECTS Credit of the Course			195 7,5

COURSE DETAILS

Select Year

	Course Term	No	Instructors
Details	2018-2019 Spring	1	MUSTAFA OZAN YILDIRIM

Course Details

Course Code	Course Title	L+P Hour	Course Code	Language Of Instruction	Course Semester
IKT 577	THEORIES OF BUSINESS CYCLE	3 + 0	1	Turkish	2018-2019 Spring

Course Coordinator	E-Mail	Phone Number	Course Location	Attendance
Assoc. Prof. Dr. MUSTAFA OZAN YILDIRIM	moyildirim@pau.edu.tr		İİBF A0201	%

Goals		to learn the economic business cycle theories
Content		Moldes of business cycle; Classical Moldes, Hicks, Kaldor, Goodwin, Oxbridge Models, Hawtrey, Avusturalian, Business Cycle: Keynesian Theory and Monetarist Economics, New Classical Economics, Real Business Cycle , New Keynessian Theory and New Monetary Theory, Politics and Business Cycle, Financial Stability, Money and Currency Crisis, Debt crises, Dual Crisis, Banking Crisis, Commodity Crisis , Business Cycle in Open Economy and Stabilization Policy

Topics

Weeks	Topics
1	The Facts of Business Cycles: Why Study Business Cycles? Describing Business Cycles
2	Stylized Facts about Business Cycles
3	Macroeconomic Theories of Business Cycles: Early Business Cycle Theories
4	Macroeconomic Theories of Business Cycles: Keynes and Keynesian Theories-1
5	Macroeconomic Theories of Business Cycles: Keynes and Keynesian Theories-2
6	Macroeconomic Theories of Business Cycles: Austrian Economics and The Monetarist Model
7	Macroeconomic Theories of Business Cycles: The Rational Expectations Model and Real Business Cycles Models
8	Macroeconomic Theories of Business Cycles: New Keynesian Model
9	Macroeconomic Theories of Business Cycles: Political Business Cycles
10	Mid-term
11	Models of Credit and Financial Instability
12	Stabilization Policy: Why and How?
13	Modern International Recessions and Depressions-1: Selected Country Case
14	Modern International Recessions and Depressions-2: Selected Country Case

Materials

Materials are not specified.

Resources

Resources	Resources Language
Knoop, Todd A. (2015) Business Cycle Economics, Sorensen, P. B. (2010) Introduction Advanced Macroeconomics	English
Özer, M. ve Taban, S. (2006) Modern Konjonktür Teorileri, Parasız ve Bildirici (2014) Modern Konjonktür Teorileri	Türkçe

Course Assessment

Assesment Methods	Percentage (%)	Assesment Methods Title
Final Exam	50	Final Exam
Midterm Exam	50	Midterm Exam

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

Prospective Student