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COURSE INFORMATION
Course CodeCourse TitleL+P HourSemesterECTS
EKON 233MACROECONOMICS - I4 + 03rd Semester6

COURSE DESCRIPTION
Course Level Bachelor's Degree
Course Type Compulsory
Course Objective The aim 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
1Explain macroeconomic concepts and the relationships among them
2Explain 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
3Construct macroeconomic models and use these models to analyse the effects of macroeconomic policies on the macroeconomic variables.
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
6Explain what determines exchange rates
7Express how the interest rate is determined and changed in the economy in a open and closed economies.
8Use an aggregate demand and aggregate supply macroeconomic model to interpret the effect of economic shocks on inflation and output

COURSE'S CONTRIBUTION TO PROGRAM
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ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
ActivitiesQuantityDuration (Hour)Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)13339
Hours for off-the-classroom study (Pre-study, practice)13339
Assignments31339
Mid-terms11313
Final examination12626
Total Work Load

ECTS Credit of the Course






156

6
COURSE DETAILS
 Select Year   


 Course TermNoInstructors
Details 2019-2020 Fall3REŞAT CEYLAN
Details 2019-2020 Fall4İSMAİL ÇEVİŞ


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Course Details
Course Code Course Title L+P Hour Course Code Language Of Instruction Course Semester
EKON 233 MACROECONOMICS - I 4 + 0 3 Turkish 2019-2020 Fall
Course Coordinator  E-Mail  Phone Number  Course Location Attendance
Prof. Dr. REŞAT CEYLAN rceylan@pau.edu.tr İİBF A0011 İİBF C0202 %80
Goals The aim 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
WeeksTopics
1 Subject to macroeconomics and national income account
2 Growth and capital accumulation
3 Growth and policy
4 Aggregate supply and demand
5 Aggregate supply and Phillips Curve
6 Unemployment
7 Inflation
8 Income and expenditure
9 Midterm
10 The IS-LM Model
11 Monetary and Fiscal policy
12 Interanational linkages
13 Consumption and saving
14 Consumption and saving
Materials
Materials are not specified.
Resources
ResourcesResources Language
Maurice Obstfeld and Kenneth Rogoff, Foundations of International Macroeconomics. Türkçe
Makroiktisat, 12. baskı Dornbusch, Fischer, Startz; Çev: Salih AKTürkçe
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