COURSE INFORMATION
Course CodeCourse TitleL+P HourSemesterECTS
ECON 203MACROECONOMICS - I4 + 03rd Semester6

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 prerequisites.
Corequisite No corequisites.
Mode of Delivery Face to face

COURSE LEARNING OUTCOMES
1-
2Explain macroeconomic concepts and the relationships among them
3Explain 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
4Construct macroeconomic models and use these models to analyse the effects of macroeconomic policies on the macroeconomic variables.
5Explain the effects monetary and fiscal policy in the short and long run on the macroeconomic variables
6Evaluate and foresee the outcome of monetary and fiscal policy
7Explain what determines exchange rates
8Express how the interest rate is determined and changed in the economy in a open and closed economies
9Use 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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Sub Total434343434242424142424242
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ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
ActivitiesQuantityDuration (Hour)Total Work Load (Hour)
Course Duration13339
Hours for off-the-classroom study (Pre-study, practice)13339
Assignments41352
Mid-terms11313
Final examination11313
Total Work Load

ECTS Credit of the Course






156

6

COURSE DETAILS
 Select Year   


 Course TermNoInstructors
Details 2019-2020 Fall1DUYGU YOLCU KARADAM
Details 2019-2020 Fall2DUYGU YOLCU KARADAM

Course Details
Course Code:  ECON 203 Course Title:  MACROECONOMICS - I
L+P Hour : 4 + 0   Course Code : 1   Language Of Instruction: English Course Semester :  2019-2020 Fall
Course Coordinator :  ASSISTANT PROFESSOR DUYGU YOLCU KARADAM E-Mail:  dyolcu@pau.edu.tr, Phone Number :  296 2673,
Course Location İİBF A0011, İİBF A0014,
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
Attendance : %70
Topics
WeeksTopics
1 Introduction to Macroeconomics
2 The Measurement and Structure of the National Economy
3 The Measurement and Structure of the National Economy
4 Productivity, Output and Employment
5 Productivity, Output and Employment
6 Consumption, Saving and Investment
7 Consumption, Saving and Investment
8 Midterm
9 A Formal Model of Consumption and Saving
10 Saving and Investment in the Open Economy
11 Saving and Investment in the Open Economy
12 Long-Run Economic Growth
13 Long-Run Economic Growth
14 The Asset Market, Money, and Prices
Materials
Materials are not specified.
Resources
ResourcesResources Language
Abel & Bernanke and Croushore; Macroeconomics- Eighth Edition, 2014. Pearson Education Limited.Türkçe
Course Assessment
Assesment MethodsPercentage (%)Assesment Methods Title
Final Exam40Final Exam
Midterm Exam40Midterm Exam
Homework20Homework
L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes