Information Package / Course Catalogue
Economic Policy
Course Code: İKT407
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 the course is to discuss the efficiency of macroeconomic policies in open economies by using analytical tools.

Course Content

Conditions which require application of economic policy, efficiency of these policies and their possible results and also preferred goals in any conflicting situation.

Name of Lecturer(s)
Assoc. Prof. Şahin BULUT
Learning Outcomes
1.It is emphasized in lessons that economic policies do not have desired results on macroeconomic variables. In fact, these policies might present some conflicting results.
2.To be able to understand types of economy policies
3.To be able to define and to interpret economy policies
4.To be able to establishment of Background for advanced studies
5.Predict the possible consequences of monetary policies
Recommended or Required Reading
1.Makro İktisat (Ertop, K., Marmara Üniv.Nihad Sayar Vakfı Yayınları)
Weekly Detailed Course Contents
Week 1 - Theoretical
Heap of Issues in Open Economy
Week 2 - Theoretical
Necessity of Economic Policy
Week 3 - Theoretical
Internal and External Equilibrium in Open Economy
Week 4 - Theoretical
IS-LM-BP Models
Week 5 - Theoretical
Application of Economic Policy
Week 6 - Theoretical
Efficiency of Fiscal and Monetary Policies
Week 7 - Theoretical
Absorption Approach
Week 8 - Theoretical
Absorption Approach
Week 9 - Theoretical
Swan Diagram
Week 10 - Theoretical
Conflict of Economic Policies
Week 11 - Theoretical
Control on Short Term Capital Flows
Week 12 - Theoretical
IMF Policies
Week 13 - Theoretical
Power Dissipation of Central Banks
Week 14 - Theoretical
Review
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory143384
Individual Work43220
Midterm Examination1718
Final Examination112113
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
3
3
3
3
3
3
3
OÇ-2
4
4
4
4
4
4
4
OÇ-3
4
3
4
3
3
3
3
OÇ-4
3
4
3
3
3
3
3
OÇ-5
4
3
4
3
3
3
3
Adnan Menderes University - Information Package / Course Catalogue
2026