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COURSE INFORMATION
Course CodeCourse TitleL+P HourSemesterECTS
EKON 333BUSINESS CYCLES AND ECONOMIC POLICY 3 + 06th Semester5

COURSE DESCRIPTION
Course Level Bachelor's Degree
Course Type Elective
Course Objective The course has two main objectives: First is to analyze the principal economic and theoretical mechanisms that are at the origin of business cycle fluctuations. Second is to give students the tools and methodologies that are necessary to build a rigorous business cycle analysis and to establish short-term macroeconomic policy and forecasts.
Course Content The main focus of the course is the analysis of the economic business cycle, that is the succession over time of periods of expansion and periods of recession. The course is divided in two parts. The first part is devoted to the presentation of some important stylized facts about the economic business cycles in the advanced economies and to the analysis of the principal economic mechanisms that are considered to be at the origin of business cycle fluctuations. In the second part, it is examined the tools and methodologies that are necessary to build a rigorous conjectural analysis and to establish short-term macroeconomic policy and forecasts.
Prerequisites No the prerequisite of lesson.
Corequisite No the corequisite of lesson.
Mode of Delivery Face to Face

COURSE LEARNING OUTCOMES
1Explain the meaning and importance of the business cycles.
2To understand the comprehensive modern theories about the business cycles
3To learn the economic policy tools developed in accordance with the business cycle theories.
4To learn the tools and methodologies needed to create a short-term macroeconomic policy.

COURSE'S CONTRIBUTION TO PROGRAM
Data not found.

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)13339
Assignments11010
Mid-terms11313
Final examination12626
Total Work Load

ECTS Credit of the Course






130

5
COURSE DETAILS
 Select Year   


 Course TermNoInstructors
Details 2023-2024 Spring2MUHAMMET ALİ AVCI
Details 2022-2023 Spring2MUHAMMET ALİ AVCI
Details 2021-2022 Spring2MUHAMMET ALİ AVCI
Details 2020-2021 Spring2REŞAT CEYLAN


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Course Details
Course Code Course Title L+P Hour Course Code Language Of Instruction Course Semester
EKON 333 BUSINESS CYCLES AND ECONOMIC POLICY 3 + 0 2 Turkish 2023-2024 Spring
Course Coordinator  E-Mail  Phone Number  Course Location Attendance
Asts. Prof. Dr. MUHAMMET ALİ AVCI maliavci@pau.edu.tr İİBF A0014 %80
Goals The course has two main objectives: First is to analyze the principal economic and theoretical mechanisms that are at the origin of business cycle fluctuations. Second is to give students the tools and methodologies that are necessary to build a rigorous business cycle analysis and to establish short-term macroeconomic policy and forecasts.
Content The main focus of the course is the analysis of the economic business cycle, that is the succession over time of periods of expansion and periods of recession. The course is divided in two parts. The first part is devoted to the presentation of some important stylized facts about the economic business cycles in the advanced economies and to the analysis of the principal economic mechanisms that are considered to be at the origin of business cycle fluctuations. In the second part, it is examined the tools and methodologies that are necessary to build a rigorous conjectural analysis and to establish short-term macroeconomic policy and forecasts.
Topics
WeeksTopics
1 Definition of business cycle
2 Macroeconomics and business cycle
3 Classical and business cycle
4 Keynes and business cycle I
5 Keynes and business cycle II
6 Monetarists and business cycle
7 New Classical business cycle
8 Mid-term
9 Real business cycle theory I
10 Real business cycle theory II
11 New-Keynessian business cycle theory I
12 New-Keynessian business cycle theory II
13 General evaluation and discussion I
14 General evaluation and discussion II
Materials
Materials are not specified.
Resources
ResourcesResources Language
Konjonktür teorileri, Batu Tunay.Türkçe
Course Assessment
Assesment MethodsPercentage (%)Assesment Methods Title
Final Exam50Final Exam
Midterm Exam50Midterm Exam
L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes