Information Package / Course Catalogue
Macroeconomic Analysis I
Course Code: EKO515
Course Type: Area Elective
Couse Group: Second Cycle (Master's Degree)
Education Language: Turkish
Work Placement: None
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 5
Objectives of the Course

The aim of the course is to have advanced knowledge about macro-economic theory and analysis techniques with applications to be able to detail.

Course Content

Introduction, National Income Accounting, Income and Spending, Money, Interest, and Income, Wages, Prices, and Unemployment, Monetary and Fiscal Policy, Aggregate Demand and Aggregate Supply, Solow Growth Model, Open Macroeconomy in Classical Model. Determination of National Income, Matematical Derivation of IS-LM and AD-AS Model, Mundell-Fleming Model in Keynesian Model.

Name of Lecturer(s)
Assoc. Prof. Ali PETEK
Learning Outcomes
1.Makro to do analysis of relationships between economic variables
2.Monetary and fiscal policies, the impact on the economy in general can be analyzed.
3.Can make a statement about subjects, can define the terms
4. Can make an interdisiplinary connection over the course subjects
5. Can make an analysis about subjects and can comment on economy
Recommended or Required Reading
1.Yıldırım, K. ve Diğ.(2006), Makro İktisat, Ankara:Seçkin
Weekly Detailed Course Contents
Week 1 - Theoretical
The history of macroeconomics, the basic assumptions of the research areas and
Week 3 - Theoretical
Measuring the volume of economic activity, GDP and related concepts
Week 4 - Theoretical
Measuring the increase in production capacity of the economy, growth rate, price indices, inflation rate and interest rate.
Week 5 - Theoretical
Measurement of economic relations with other countries, balance of payments, exchange rate and its measurement.
Week 7 - Intermediate Exam
Revision of Midterm Exams
Week 8 - Intermediate Exam
Midterm Exams
Week 9 - Theoretical
Assumptions of classical economics, the labor market equilibrium, the goods market and the interest rate.
Week 10 - Theoretical
Some results of the classical model, capital accumulation, population growth and unemployment.
Week 11 - Theoretical
Classic model of aggregate supply and demand curves and the effectiveness of economic policies.
Week 12 - Theoretical
Keynesian model assumptions, the total expenditure, the balance of income level and aggregate supply curve.
Week 13 - Theoretical
Keynesian multiplier model mechanism, open economy equilibrium level of income.
Week 14 - Theoretical
The formation of the IS-LM model, with the balance, imbalances and imbalances.
Week 15 - Final Exam
Final Exams
Week 16 - Final Exam
Final Exams
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory153390
Midterm Examination110212
Final Examination120222
TOTAL WORKLOAD (hours)124
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
4
4
5
5
3
3
4
3
5
5
5
5
5
OÇ-2
4
4
5
5
3
3
4
3
5
5
5
5
5
OÇ-3
4
4
4
4
4
4
4
4
4
4
4
4
4
OÇ-4
4
4
4
4
4
4
4
4
4
4
4
4
4
OÇ-5
4
4
4
4
4
4
4
4
4
4
4
4
4
Adnan Menderes University - Information Package / Course Catalogue