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COURSE INFORMATION
Course CodeCourse TitleL+P HourSemesterECTS
EKON 102INTRODUCTION TO ECONOMICS - II3 + 02nd Semester5

COURSE DESCRIPTION
Course Level Bachelor's Degree
Course Type Compulsory
Course Objective The course aims to introduce students to the fundamental concepts of macroeconomics to analyze the effects of monetary and fiscal policy on macroeconomic variables such as inflation, interest rate, unemployment , investment, output, trade balance etc. and to provide a way of understanding how the economy as a whole works.
Course Content The course explains the determinants of gross domestic income, inflation, unemployment, recessions and expansion, interest rate, trade balance, exchange rate. It also examines alternative views regarding the effectiveness of monetary and fiscal policy on the economy in the short and long run
Prerequisites No the prerequisite of lesson.
Corequisite No the corequisite of lesson.
Mode of Delivery Face to Face

COURSE LEARNING OUTCOMES
1Analyze to basic principles of macroeconomics.
2Explain relationships among macroeconomic variables such as gross domestic product, unemployment, inflation, recession and expansion, budget deficit, interest rate, export and import, trade balance
3Use the concepts of macroeconomics to understand and analyze the effect of a change in a macroeconomic variable on the others.
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 on the macroeconomic variables
6Explain the roles of banking system and central banks in the economy
7Express how the interest rate is determined and changed in the economy and predict the effects of a change in interest rate on the macroeconomic variables.
8Use an aggregate demand and aggregate supply model to interpret the effect of economic shocks on inflation and output.

COURSE'S CONTRIBUTION TO PROGRAM
PO 01PO 02PO 03PO 04PO 05PO 06PO 07PO 08PO 09PO 10PO 11PO 12PO 13PO 14
LO 001   333    33  
LO 002   333    33  
LO 003   333    3   
LO 004   333    33  
LO 005   333    33  
LO 006   333    33  
LO 007   333    33  
LO 008   333    33  
Sub Total   242424    2421  
Contribution00033300003300

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
ActivitiesQuantityDuration (Hour)Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)13226
Hours for off-the-classroom study (Pre-study, practice)13226
Mid-terms31339
Final examination31339
Total Work Load

ECTS Credit of the Course






130

5
COURSE DETAILS
 Select Year   


 Course TermNoInstructors
Details 2023-2024 Spring6ÖZGÜR ALTUNTAŞ
Details 2022-2023 Summer1MUHAMMET ALİ AVCI
Details 2022-2023 Spring5ABDULVAHAP ÖZCAN
Details 2021-2022 Spring10ÖZGÜR ALTUNTAŞ
Details 2020-2021 Spring13ÖZGÜR ALTUNTAŞ
Details 2019-2020 Summer1HALİL UÇAL
Details 2019-2020 Spring12HALİL UÇAL
Details 2018-2019 Summer2MUHAMMET ALİ AVCI
Details 2018-2019 Spring13SELMA SEVİNÇ ORHAN
Details 2017-2018 Summer1MUSTAFA OZAN YILDIRIM
Details 2017-2018 Spring16MUHAMMET ALİ AVCI
Details 2016-2017 Summer1ÖZCAN UZUN
Details 2016-2017 Spring13ÖZGÜR ALTUNTAŞ
Details 2015-2016 Spring19MUHAMMET ALİ AVCI
Details 2014-2015 Summer2REŞAT CEYLAN
Details 2014-2015 Summer2REŞAT CEYLAN
Details 2014-2015 Spring17MUHAMMET ENSAR YEŞİLYURT
Details 2013-2014 Summer2CEMİL ÇİFTÇİ
Details 2013-2014 Summer2CEMİL ÇİFTÇİ
Details 2013-2014 Spring17MUHAMMET ENSAR YEŞİLYURT
Details 2012-2013 Summer2CEMİL ÇİFTÇİ
Details 2012-2013 Summer2CEMİL ÇİFTÇİ
Details 2012-2013 Summer2CEMİL ÇİFTÇİ
Details 2012-2013 Spring23CEMİL ÇİFTÇİ
Details 2011-2012 Summer7MUHAMMET ENSAR YEŞİLYURT
Details 2011-2012 Spring25ABDULVAHAP ÖZCAN
Details 2010-2011 Summer2ABDULVAHAP ÖZCAN
Details 2010-2011 Spring17ÖZCAN UZUN
Details 2009-2010 Summer6AYDIN SARI
Details 2009-2010 Spring16AHMET CAN BAKKALCI


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Course Details
Course Code Course Title L+P Hour Course Code Language Of Instruction Course Semester
EKON 102 INTRODUCTION TO ECONOMICS - II 3 + 0 6 Turkish 2023-2024 Spring
Course Coordinator  E-Mail  Phone Number  Course Location Attendance
Asts. Prof. Dr. ÖZGÜR ALTUNTAŞ oaltuntas@pau.edu.tr Course location is not specified. %70
Goals The course aims to introduce students to the fundamental concepts of macroeconomics to analyze the effects of monetary and fiscal policy on macroeconomic variables such as inflation, interest rate, unemployment , investment, output, trade balance etc. and to provide a way of understanding how the economy as a whole works.
Content The course explains the determinants of gross domestic income, inflation, unemployment, recessions and expansion, interest rate, trade balance, exchange rate. It also examines alternative views regarding the effectiveness of monetary and fiscal policy on the economy in the short and long run
Topics
WeeksTopics
1 Macroeconomics. Definition. Differences from microeconomics. introduction to macroeconomic subjects.
2 Economic growth.Definition.Calculation. GNP.Accounting methods.Achiving NP. Disposable income.
3 Price index. Real GNP. Ratio of Economic growth
4 Aggregate Demand and Aggregate Supply. Ingredients of Aggregate Demand (Keynes Model). Consumption Function. Saving Function.
5 İnvestment Function. Equilibrium income level. Multiplier effect.
6 Adding government to model. Government expenditures. Taxes. tex multiplier. Transfer expenditures.Effects on equilibrium income level.
7 Open economy model. Exports and imports. Open economy multiplier. Changes in Equilibrium income level
8 Midterm
9 Full employment income level. Inflationary end deflationary gaps. Fiscal policy.
10 Employment. importance. unemployment. Kinds and reasons. Unempoyment policies.
11 Inflation. Importance. Kinds of. Inflation policies.
12 Money. Definition and characteristics of. Kinds of. Money demand. Money supply. Central Bank and functions. Monetary policy.
13 Foreign trade. Reasons for. Foreign trade policy. Instruments for. Balance of payments. Gaps and precaution policies.
14 Economic development. Definition. Underdeveloped country characteristics. Theory of development. Development policies.
Materials
Materials are not specified.
Resources
ResourcesResources Language
Zeynel Dinler "İktisada Giriş"Türkçe
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