Course Details Language of Instruction English Level of Course Unit Bachelor's Degree Department / Program POLITICAL SCIENCE AND INTERNATIONAL RELATIONS Type of Program Formal Education Type of Course Unit Compulsory Course Delivery Method Face To Face Objectives of the Course Understanding and explaining the foundational concepts of macroeconomics, including gross domestic product (GDP), inflation, unemployment, and economic growth, and their importance in evaluating the health of an economy. Analyzing the impact of monetary and fiscal policies on national and global economies, understanding the roles and tools of central banks and governments in managing economic activity. Applying macroeconomic theories to current events and real-world economic situations, developing the ability to critically assess economic policy decisions and their potential effects on various economic indicators. Cultivating an appreciation for the interconnectedness of global economies, enhancing the ability to predict potential outcomes of international economic policies and global market trends on domestic economic conditions. Course Content This introductory course in macroeconomics offers students a comprehensive overview of the fundamental concepts, principles, and frameworks that underpin the study of macroeconomics. Designed for beginners, the course covers key topics such as national income and output measurement, unemployment, inflation, and economic growth. Students will explore how monetary and fiscal policies influence the economy at a national and global level, examining the roles of central banks, government spending, and taxation. Through a combination of lectures, discussions, and real-world case studies, the course aims to equip students with the ability to analyze macroeconomic issues, understand economic policy debates, and appreciate the complex interrelationships between economic indicators, policy decisions, and market outcomes. By the end of the course, students will have developed a solid foundation in macroeconomic theory, enabling them to critically evaluate economic trends and policy implications for businesses, individuals, and governments. Course Methods and Techniques The teaching methodology emphasizes a blend of discussion, empirical data analysis, and problem-solving activities. Classes will engage students in critical discussions on macroeconomic theories and policies, encouraging active participation and diverse viewpoints. We will incorporate real-world empirical data, utilizing case studies and current economic indicators to analyze and interpret economic trends and policy impacts. Problem-solving sessions will challenge students to apply macroeconomic concepts to address real-life economic issues, fostering practical skills in economic analysis and decision-making. This approach aims to equip students with a deep understanding of macroeconomic principles and their application in navigating complex economic scenarios. Prerequisites and co-requisities None Course Coordinator None Name of Lecturers Asist Prof.Dr. Tamer Güven https://avesis.agu.edu.tr/tamer.guven tamer.guven@agu.edu.tr Assistants None Work Placement(s) No Recommended or Required Reading Resources Mankiw, N. Gregory. 2022. Principles of Economics. 9th edition. Boston, MA: Cengage. Mankiw, N. Gregory. Principles of Economics. 9th ed., Cengage Learning, Inc., Boston, MA, 2021. Course Category Field %100

 





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