| Semester | Course Unit Code | Course Unit Title | T+P+L | Credit | Number of ECTS Credits |
| 4 | ECON204 | MACROECONOMICS II | 3+0+0 | 3 | 5 |
|
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
|
Introducing the long-run analysis of the economy.
Illustrating the importance of expectations.
Integrating the open economy into the macroeconomic model.
Deepening the analysis of economic policies.
|
|
Course Content
|
In this course, macroeconomic theory is studied further in connection with
ECON 203 - Macroeconomics I. The aim is to present existing knowledge on
modern macroeconomic theories and their applications. Basic macroeconomic
models introduced previously are extended to include the long-run
equilibrium, the influence of expectations and the analysis of open economy.
Furthermore, the consequences of these factors for economic policies are
examined.
|
|
Course Methods and Techniques
|
tba
|
|
Prerequisites and co-requisities
|
( ECON203 )
|
|
Course Coordinator
|
Asist Prof.Dr. BURAK KAĞAN DEMİRTAŞ burakkagan.demirtas@agu.edu.tr
|
|
Name of Lecturers
|
Asist Prof.Dr. HEIKO SCHUSS
|
|
Assistants
|
None
|
|
Work Placement(s)
|
No
|
Recommended or Required Reading
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
|
|
Yarıyıl İçi Çalışmalarının Başarı Notunun Katkısı
|
5
|
%
10
|
|
Quiz/Küçük Sınav
|
1
|
%
30
|
|
Sunum/Seminer
|
1
|
%
20
|
|
Final examination
|
1
|
%
40
|
|
Total
|
8
|
%
100
|
ECTS Allocated Based on Student Workload
|
Activities
|
Total Work Load
|
|
Sınıf İçi Aktivitesi
|
14
|
3
|
42
|
|
Proje
|
1
|
30
|
30
|
|
Okuma
|
1
|
14
|
14
|
|
Araştırma
|
6
|
2
|
12
|
|
Kişisel Çalışma
|
14
|
2
|
28
|
|
Ders dışı çalışma
|
2
|
9
|
18
|
|
Total Work Load
| |
|
Number of ECTS Credits 5
144
|
Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
| No | Learning Outcomes |
|
1
| Interpret variables and components of national income accounting |
|
2
| Include the factor of expectations in basic macroeconomic analysis |
|
3
| Analyze economic problems within the frame of an open economy. |
|
4
| Apply advanced macroeconomic models on questions of economic policy. |
Weekly Detailed Course Contents
| Week | Topics | Study Materials | Materials |
| 1 |
Introduction
|
|
|
| 2 |
The Aggregate Supply Curve – alternative version
|
|
|
| 3 |
AS-AD Model – alternative version – part 1
|
|
|
| 4 |
AS-AD Model – alternative version – part2
|
|
|
| 5 |
The Phillips Curve
|
|
|
| 6 |
Expectations-Augmented Phillips Curve Model
|
|
|
| 7 |
The Central Bank Reaction Function and the IS-RF model
|
|
|
| 8 |
The Phillips-Curve-IS-RF model
|
|
|
| 9 |
Lecture Free Week
|
|
|
| 10 |
The Basics of an Open Economy Model
|
|
|
| 11 |
Open Economy Model with Fixed Exchange Rates
|
|
|
| 12 |
Open Economy Model with Flexible Exchange Rates
|
|
|
| 13 |
Classical Growth Models
|
|
|
| 14 |
Project Presentations
|
|
|
Contribution of Learning Outcomes to Programme Outcomes
Contribution: 1: Very Slight 2:Slight 3:Moderate 4:Significant 5:Very Significant
https://sis.agu.edu.tr/oibs/bologna/progCourseDetails.aspx?curCourse=70487&lang=en