Information Package / Course Catalogue - Adnan Menderes University

General Information Unit Staff Academic Information Programme Outcomes Course Structure Diagram Contact Information

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Macroeconomics I

Course Code	: İKT203
Course Type	: Required
Couse Group	: First Cycle (Bachelor's Degree)
Education Language	: Turkish
Work Placement	: N/A

Theory	: 3
Prt.	: 0
Credit	: 3
Lab	: 0
ECTS	: 5

Objectives of the Course

To give basic macro economic concepts such as national income accounting, unemployment, inflation, recession, economic growth, and determination of wage and interest rate in the market and analyse these concepts at an introductory level.

Course Content

The scope of macroeconomics, inflation, employment and unemployment, economic growth, exchange rates, balance of payments, national income accounting, consumption and investment, multiplier analysis, fiscal policy, money demand and money supply, monetary policy, aggregate demand and aggregate supply, national income and the price, developments in macroeconomics.

Name of Lecturer(s)

Prof. Mustafa ÖZÇAĞ

Learning Outcomes

1.	To be learning basic microeconomics concepts and understanding them
2.	To be learning how to calculate GDP by using different methods
3.	To be understanding how fiscal and monetary policy are related and the effects of these policies
4.	To be understanding how the economic policies work by taking the link between the goods market and money market
5.	To be able to explain the role of the state in the economy

Recommended or Required Reading

1.	Zeynel Dinler (2000) “İktisada Giriş”, Ekin Kitabevi, Bursa
2.	Richard G. Lipsey and Paul N. Courant (1996) “Economics”, Harper Collins

Weekly Detailed Course Contents

Week 1 - Theoretical

The Scope of Macroeconomics and some introductory Concepts

Week 2 - Theoretical

Measuring the Economy’s Performance: National Income Accounting

Week 3 - Theoretical

Growth, Prodfuctivity, Unemployment, and Inflation

Week 4 - Theoretical

Aggregate Expenditure and Equilibrium Output

Week 5 - Theoretical

The Government and Fiscal Policy

Week 6 - Theoretical

Money Supply

Week 7 - Theoretical

Money Demand

Week 8 - Theoretical

Money Demand

Week 9 - Theoretical

The Equilibrium Interest Rate and Monetary Policy

Week 10 - Theoretical

Aggregate Demand, Aggregate Supply and Inflation

Week 11 - Theoretical

Aggregate Demand, Aggregate Supply and Inflation

Week 12 - Theoretical

The Labour Market, Unemployment, and Inflation

Week 13 - Theoretical

Debates in Macroeconomics: Monetarism, New Classical Theory, and Supply-Side Economics

Week 14 - Theoretical

Open-Economy Macroeconomics

Assessment Methods and Criteria

Type of Assessment	Count	Percent
Midterm Examination	1	%40
Final Examination	1	%60

Workload Calculation

Activities	Count	Preparation	Time	Total Work Load (hours)
Lecture - Theory	14	2	3	70
Individual Work	12	1	2	36
Midterm Examination	1	8	1	9
Final Examination	1	9	1	10
TOTAL WORKLOAD (hours)				125

Contribution of Learning Outcomes to Programme Outcomes

	PÇ-1	PÇ-2	PÇ-3	PÇ-4	PÇ-5	PÇ-6	PÇ-7
OÇ-1	5	4	5	4	5	4	4
OÇ-2	5	5	4	4	4	5	5
OÇ-3	4	4	3	4	5	4	4
OÇ-4	4	4	5	4	3	4	5
OÇ-5	3	3	4	4	4	4	4

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