Course Details

MACROECONOMICS I

ECON203

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Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS Credits
3ECON203MACROECONOMICS I3+0+035

Course Details
Language of Instruction English
Level of Course Unit Bachelor's Degree
Department / Program ECONOMICS
Type of Program Formal Education
Type of Course Unit Compulsory
Course Delivery Method Face To Face
Objectives of the Course Defining the system of national income accounting.
Introducing basic macroeconomic models.
Introducing monetary and fiscal policy.
Providing theories to analyze economic issues such as unemployment, inflation, and economic growth.
Course Content Course is designed as a further introduction to macroeconomic theory built upon the foundations of basic macroeconomics at undergraduate level. Students are introduced to basic macroeconomic models in order to understand how the aggregated decisions of households, enterprises and the state influence national income, employment, price level, interest rates, and other related macroeconomic variables. Furthermore, these models are applied to understand the tools of monetary and fiscal policy, and to analyze problems such as unemployment and inflation.
Course Methods and Techniques Students will actively acquire knowledge and skills by reading at home the necessary texbook passages, discussing them in class, practising their skills during homework and by preparing a group prject.
Prerequisites and co-requisities ( ECON102 )
Course Coordinator Asist Prof.Dr. HEIKO SCHUSS heiko.schuss@agu.edu.tr
Name of Lecturers Asist Prof.Dr. Heiko Schuss
Assistants None
Work Placement(s) No

Recommended or Required Reading
Resources tba
The grade will be calculated as follows: 30% Midterm exam,40% Final Exam, 20% Project and 10% Homeworks
TBA
tba
tba

Course Category
Mathematics and Basic Sciences %40
Social Sciences %60

Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"

Assessment Methods and Criteria
In-Term Studies Quantity Percentage
Ödev 5 % 10
Proje/Çizim 1 % 20
Total
6
% 30

 
ECTS Allocated Based on Student Workload
Activities Quantity Duration Total Work Load
Sınıf İçi Aktivitesi 14 3 42
Sunum için Hazırlık 20 1 20
Okuma 20 1 20
Kişisel Çalışma 20 2 40
Takım/Grup Çalışması 14 2 28
Final Sınavı 1 2 2
Total Work Load   Number of ECTS Credits 5 152

Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
NoLearning Outcomes
1 Interpret variables and components of national income accounting.
2 Use basic macroeconomic models.
3 Analyze and explain examples of the use of monetary and fiscal policy.
4 Apply macroeconomic theories to analyze unemployment, inflation, economic growth, etc.


Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 Recent Issues in Macroeconomic
2 Fundamental Concepts in Macroeconomics
3 The Goods Market
4 4 Financial Markets I
5 Goods and Financial Markets: The IS-LM Model
6 Financial Markets II: The Extended IS-LM Model
7 lfw
8 midterm
9 The Labor Market
10 The Phillips Curve, the Natural Rate of Unemployment, and Inflation
11 From the Short to the Medium Run: The IS-LM-PC Model
12 The Facts of Growth
13 Saving, Capital Accumulation, and Output
14 Teknolojik İlerleme ve Büyüme


Contribution of Learning Outcomes to Programme Outcomes
P1 P2 P3 P4 P5 P6 P7 P8 P9 P10
C1 5 3 3 5 3 5 1 2 2
C2 5 3 3 5 3 3 1 2 1
C3 5 3 3 5 3 3 1 2 1
C4 5 3 3 5 3 3 1 2 1

Contribution: 1: Very Slight 2:Slight 3:Moderate 4:Significant 5:Very Significant


https://sis.agu.edu.tr/oibs/bologna/progCourseDetails.aspx?curCourse=70480&lang=en
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