Applied Macroeconomics (ECON506) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Applied Macroeconomics ECON506 3 0 0 3 5
Pre-requisite Course(s)
ECON 505
Course Language Turkish
Course Type N/A
Course Level Social Sciences Master's Degree
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Discussion, Question and Answer, Drill and Practice, Problem Solving, Brain Storming.
Course Coordinator
Course Lecturer(s)
  • Asst. Prof. Dr. Mehmet Fatih Ekinci
Course Assistants
Course Objectives To develop the ability to analyze and comment on macroeconomic issues. Dynamic stochastic general equilibrium models aim to understand how the economy moves as a whole. By ensuring the use of necessary technical tools, neoclassical model applications, monetary and fiscal policy models under the assumption of price rigidity will be examined.
Course Learning Outcomes The students who succeeded in this course;
Course Content Modern and traditional schools in macroeconomics, economic growth models, growth accounting, production function, Okun`s law, Phillips curve, consumption, investment and saving behavior and macroeconomic applications, money demand theory and its applications, public budget constraint; deficit, debts, balance of payments and current deficit problems

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 General Review
2 Time series, filtering
3 Zaman serileri, filtreleme
4 General equilibrium model solution methods, introduction of tools: Octave and Dynare
5 General equilibrium model solution methods, introduction of tools: Octave and Dynare
6 Neoclassical model solution and Dynare application
7 Neoclassical model solution and Dynare implementation
8 Neoclassical model application: Aguiar-Gopinath (2007) model
9 Neoclassical model application: Aguiar-Gopinath (2007) model
10 New Keynesian model solution and Dynare implementation
11 New Keynesian model solution and Dynare implementation
12 Monetary and fiscal policy applications
13 Monetary and fiscal policy applications

Sources

Course Book 1. Woodford, M. (2003). Interest and Prices: Foundations of a Theory of Monetary Policy, Princeton University Press.
2. Gali, J. (2015). Monetary Policy, In ation, and the Business Cycle: An Introduction to the New Keynesian Framework, Princeton University Press.

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation 1 20
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments 1 80
Presentation - -
Project - -
Report - -
Seminar - -
Midterms Exams/Midterms Jury - -
Final Exam/Final Jury - -
Toplam 2 100
Percentage of Semester Work 70
Percentage of Final Work 30
Total 100

Course Category

Core Courses X
Major Area Courses
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

# Program Qualifications / Competencies Level of Contribution
1 2 3 4 5
1 Develop understanding of translation theories, concepts and history, and their application to the processes used in translating
2 Develop critical knowledge and understanding of current issues, European Union and international relations, law and technical issues in terms of translation studies
3 Detect, define, formulate and solve the problems to be encountered in translation process
4 Acquire the skills of translation analysis, criticism and hermeneutics
5 Develop critical understanding of international affairs and cultural studies regarding to profession of translation
6 Improve skills of research techniques, use CAT tools, databases and other printed and electronic devices and sources efficiently
7 Develop efficient individual and group working skills, build self-confidence for taking responsibility and acquire powerful communication skills
8 Build awareness for life-long learning; to catch the developments in science and technology and sustain continuous personal development
9 Acquire knowledge on ethical and professional issues in translation
10 Build awareness about project management and the rights of employees and the legal consequences of translation and interpreting applications.
11 Build awareness about the universal and societal dimensions of translation studies and gather information about the problems of the contemporary world
12 Improve skills to use source and target languages fluently in presentations and academic studies
13 Acquire knowledge on terminology management and global translation quality standards at a professional level

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours)
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class
Presentation/Seminar Prepration
Project
Report
Homework Assignments
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury
Prepration of Final Exams/Final Jury
Total Workload 0