Information Package / Course Catalogue
Principles of Economics II
Course Code: ECO102
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

The main objective of this course is to teach students basic economy information. Moreover this course aims to teach students the basic theories of macro economy, monetary theory, international economics and growth theory.

Course Content

This course covers the concepts of national income determination, aggregate demand and aggregate supply analysis in both the short-run and the long-run, monetary policy, inflation, unemployment, government deficits, economic growth, trade policy, exchange rates, and balance of payments.

Name of Lecturer(s)
Assoc. Prof. Birgül CAMBAZOĞLU
Lec. Ayşegül Ladin SÜMER
Lec. Özgür BALMUMCU
Lec. Yusuf Ziya ŞİPAL
Learning Outcomes
1.Learns the basic macro economic terms.
2.Knows the accounting of National Income and the terms of National Income.
3.Have an idea about Equilibrium Level of National Output.
4.Learns the Multiplier Analyze.
5.Knows the relations between Inflation, Employment and Unemployment.
Recommended or Required Reading
1.Ray C. FAIR, Karl F. CASE, Sharon M. OSTER, Ekonominin İlkeleri, Palme Yayınları, İstanbul, 2011.
2.Zeynel DİNLER, İktisada Giriş, Ekin Yayınları, Bursa, 2015.
Weekly Detailed Course Contents
Week 1 - Theoretical
Basic Macro Economic Terms
Week 2 - Theoretical
National Income, National Income Accounting and The Terms of National Income
Week 3 - Theoretical
Determinants of National Income: Consumption, Investment and Saving Functions
Week 4 - Theoretical
Determining Equilibrium Level of National Output
Week 5 - Theoretical
Analyze of Multiplier
Week 6 - Theoretical
National Income and General Level of Prices: Aggregate Demand and Aggregate Supply
Week 7 - Theoretical
Properties of Money, Types of Money
Week 8 - Theoretical
The Role of Money in the Macro Economy: Money Supply and Money Demand
Week 9 - Theoretical
The Role of Money in the Macro Economy: Money Supply and Money Demand
Week 10 - Theoretical
The General Equilibrium of National Income: Simultaneous Equilibrium in the Commodity and Factor Markets
Week 11 - Theoretical
The Problem of Value of Money: The Relation Between the General Level of Prices and Money Supply
Week 12 - Theoretical
Central Bank’s Controls of Money Supply: The Tools of Monetary Policy
Week 13 - Theoretical
Inflation, Employment and Unemployment
Week 14 - Theoretical
Theory and Policy of Foreign Trade
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory140342
Reading140114
Individual Work140228
Midterm Examination116117
Final Examination123124
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
PÇ-8
PÇ-9
PÇ-10
PÇ-11
PÇ-12
PÇ-13
OÇ-1
5
2
5
4
3
2
1
3
4
5
1
3
4
OÇ-2
5
2
4
4
2
4
3
2
4
3
4
3
4
OÇ-3
5
2
4
3
4
3
5
3
3
4
3
3
4
OÇ-4
5
5
4
3
5
4
5
4
2
3
4
5
4
OÇ-5
5
5
4
4
5
3
2
2
3
5
4
2
Adnan Menderes University - Information Package / Course Catalogue
2026