Information Package / Course Catalogue - Adnan Menderes University

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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)

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 2 - Theoretical

Measuring the volume of economic activity, GDP and related concepts

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 6 - Theoretical

Measurement of economic relations with other countries, balance of payments, exchange rate and its measurement.

Week 7 - Theoretical

Assumptions of classical economics, the labor market equilibrium, the goods market and the interest rate.

Week 8 - Theoretical

Some results of the classical model, capital accumulation, population growth and unemployment.

Week 9 - Theoretical

Classic model of aggregate supply and demand curves and the effectiveness of economic policies.

Week 10 - Theoretical

Classic model of aggregate supply and demand curves and the effectiveness of economic policies.

Week 11 - Theoretical

Keynesian model assumptions, the total expenditure, the balance of income level and aggregate supply curve.

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.

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	3	3	84
Midterm Examination	1	10	3	13
Final Examination	1	20	3	23
TOTAL WORKLOAD (hours)				120

Contribution of Learning Outcomes to Programme Outcomes

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

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