Information Package / Course Catalogue
Macro Economics
Course Code: IYO104
Course Type: Required
Couse Group: Short Cycle (Associate's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 2
Prt.: 0
Credit: 2
Lab: 0
ECTS: 3
Objectives of the Course

Comprehending of economic life, understanding of basic concepts related to macroeconomic events and learning of rational behavior, formation of national income, keynesian macroeconomic theory,analysing IS-LM models in closed and open economies, AS-AD models analys.

Course Content

Macroeconomic events and their actors and their behaviors, formation of national income, clasic and keynesian macroeconomic theory, Take into account of IS-LM models in closed and open economies, analyse of macroeconoic events including AS-AD models

Name of Lecturer(s)
Ins. Yıldırım TOPRAK
Learning Outcomes
1.To define the basic concepts and principles, which are required for macro economic analysis.
2.To explain the basic macro economic theories
3.To explain and measure national income, unemployment, inflation, growth and price index.
4.To analyse the emergence and changes of the natinal income equilibrium by the help of diagrams in the Classical, Keynesian and IS-LM models.
5.Evaluate the relationship between macroeconomic variables and macroeconomic outcomes.
Recommended or Required Reading
1.Kemal Yıldırım ve diğerleri, Makro Ekonomi, Seçkin Kitabevi, 2006.
2.Erdal Ünsal, Makro İktisat, İmaj Yayıncılık
Weekly Detailed Course Contents
Week 1 - Theoretical
History of Macro Economics, research areas and basic assumptions
Week 1 - Preparation Work
Related chapters in the course book
Week 2 - Preparation Work
Related chapters in the course book
Week 3 - Theoretical
Measuring the capacities of economic activities and the concepts related to GNP
Week 3 - Preparation Work
Related chapters in the course book
Week 4 - Theoretical
Measuring the rise of production capacity; growth rate, price indexsis, inflation rate and interest rate
Week 4 - Preparation Work
Related chapters in the course book
Week 5 - Theoretical
Measuring the economic relations with other countries, balance of payment and exchange rate
Week 5 - Preparation Work
Related chapters in the course book
Week 6 - Preparation Work
Related chapters in the course book
Week 7 - Theoretical
The assumptions of classical economics, the balance of labor force and interest rate
Week 7 - Preparation Work
Related chapters in the course book
Week 8 - Theoretical
Some results of classical model, capital accumulation, population and unemployment
Week 8 - Preparation Work
Related chapters in the course book
Week 9 - Theoretical
Some results of classical model, capital accumulation, population and unemployment (Midterm Exam)
Week 10 - Theoretical
Supply and demand curves and the efficiency of economic policies in classical model
Week 10 - Preparation Work
Related chapters in the course book
Week 11 - Theoretical
Assumptions of Keynesian Model, total spending, revenue equilibrium and total supply level
Week 11 - Preparation Work
Related chapters in the course book
Week 12 - Theoretical
Augmentation mechanism in Keynesian Model and how it works
Week 12 - Preparation Work
Related chapters in the course book
Week 13 - Theoretical
The formation of IS-LM, balance, imbalances and how to correct
Week 13 - Preparation Work
Related chapters in the course book
Week 14 - Theoretical
The strong and weakness effects of Monetary and Financial politics in IS-LM
Week 14 - Preparation Work
Related chapters in the course book
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory141242
Midterm Examination112113
Final Examination116117
TOTAL WORKLOAD (hours)72
Contribution of Learning Outcomes to Programme Outcomes