Information Package / Course Catalogue
| Course Code | : BFN530 |
| Course Type | : Area Elective |
| Couse Group | : Second Cycle (Master's Degree) |
| Education Language | : Turkish |
| Work Placement | : N/A |
| Theory | : 3 |
| Prt. | : 0 |
| Credit | : 3 |
| Lab | : 0 |
| ECTS | : 5 |
To equip the student with powerful tools to write a macroeconomic model, to define an equilibrium, to approximate the equilibrium using computational methods.
Introduction to quantitative macroeconomics. Benchmark deterministic model and competitive equilibrium. Steady state. Calibration and simulation of a simple real business cycle (RBC) model.
| Lec. Yılmaz ERDEM |
| 1. | To be able to build a macroeconomic model |
| 2. | To be able to define and explain equilibrium in macroeconomics |
| 3. | To be able to distinguish between stochastic and deterministic shocks |
| 4. | To be able to calibrate and simulate a simple macroeconomic model |
| 5. | Disiplin içi ve disiplinler arası takım çalışması yapabilme |
| 1. | The ABCs of RBCs, An Introduction to Dynamic Macroeconomic Models, McCandless, George Harvard University press, 2008 |
| 2. | Macroeconomic Theory, A Dynamic General Equilibrium Approach, Michael Wickens, princeton University press, 2008 |
| Type of Assessment | Count | Percent |
|---|---|---|
| Midterm Examination | 1 | %40 |
| Final Examination | 1 | %60 |
| Activities | Count | Preparation | Time | Total Work Load (hours) |
|---|---|---|---|---|
| Lecture - Theory | 14 | 2 | 3 | 70 |
| Individual Work | 7 | 2 | 2 | 28 |
| Midterm Examination | 1 | 10 | 1 | 11 |
| Final Examination | 1 | 15 | 1 | 16 |
| TOTAL WORKLOAD (hours) | 125 | |||
PÇ-1 | PÇ-2 | PÇ-3 | PÇ-4 | PÇ-5 | PÇ-6 | PÇ-7 | PÇ-8 | PÇ-9 | |
OÇ-1 | 4 | 5 | 4 | 5 | 3 | 4 | 4 | 3 | 4 |
OÇ-2 | 3 | 5 | 4 | 5 | 3 | 4 | 3 | 4 | 3 |
OÇ-3 | 4 | 3 | 5 | 4 | 3 | 4 | 4 | 3 | 3 |
OÇ-4 | 4 | 3 | 4 | 4 | 3 | 5 | 4 | 3 | 4 |
OÇ-5 | 5 | 5 | 3 | 4 | 3 | 5 | 4 | 3 | 3 |