Macroeconomics (ECON505) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Macroeconomics ECON505 3 0 0 3 5
Pre-requisite Course(s)
Course Language English
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, Problem Solving.
Course Coordinator
Course Lecturer(s)
  • Prof. Dr. Mustafa İsmihan
Course Assistants
Course Objectives Course objective is to study the basic concepts and institutions of macroeconomics at the intermediate level, to examine the main models and to present the behavioral foundations of macroeconomics.
Course Learning Outcomes The students who succeeded in this course;
  • To learn the basic concepts and institutions of macroeconomics.
  • To gain experience at applying macromodels
  • To understand the behavioral foundations of macroeconomics
  • To be able to read scientific papers in macroeconomics .
Course Content National income accounting, aggregate supply and demand, first models, behavioral foundations.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 Introduction Dornbusch&Fisher, Chapter 1
2 National Income Accounting Dornbusch&Fisher, Chapter 2
3 Aggregate Supply and Demand Dornbusch&Fisher, Chapter 5
4 Aggregate Supply: Wages, Prices and Unemployment Dornbusch&Fisher, Chapter 6
5 The Anatomy of Inflation and Unemployment Dornbusch&Fisher, Chapter 7
6 Income and Spending Dornbusch&Fisher, Chapter 9
7 Money, Interest and Income Dornbusch&Fisher, Chapter 10
8 Monetary and Fiscal Policy Dornbusch&Fisher, Chapter 11
9 Midterm exam
10 International Linkages Dornbusch&Fisher, Chapter 12
11 Consumption and Saving Dornbusch&Fisher, Chapter 13
12 Investment Spending Dornbusch&Fisher, Chapter 14
13 Demand for Money Dornbusch&Fisher, Chapter 15
14 Money and Credit Dornbusch&Fisher, Chapter 16
15 General Rewiev
16 Final Exam


Course Book 1. Dornbusch, Rudiger, Stanley Fischer ve Richard Startz; Makroekonomi, Gazi Kitapevi, Ankara, 2007
Other Sources 2. Mankiw, N. Gregory; Makroekonomi, Eflatun yayınevi, Ankara, 2009

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation - -
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments - -
Presentation - -
Project - -
Report - -
Seminar - -
Midterms Exams/Midterms Jury 1 50
Final Exam/Final Jury 1 50
Toplam 2 100
Percentage of Semester Work
Percentage of Final Work 100
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 To compare main microeconomic theories, approaches and make a critical evaluation of each X
2 To compare main macroeconomic theories, approaches and make a critical evaluation of each X
3 To apply mathematical modeling X
4 To employ statistical and econometric tools in analyzing an economic phenomena X
5 To analyze the main economic indicators and comment on them X
6 To acquire theoretical knowledge through literature survey and derive empirically confirmable hypothesis X
7 To make a research design and carry it out within predetermined time frames X
8 To be able to develop new approaches for complex problems in applied economics and/or apply statistical/econometric tools to new areas/problems X
9 To formulate and present policy recommendations based on academic research X
10 To combine economic knowledge with other disciplines in order to solve problems requiring scientific expertise X
11 To use information technology effectively X
12 To continue learning and undertake advanced research independently X

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours)
Special Course Internship
Field Work
Study Hours Out of Class 16 4 64
Presentation/Seminar Prepration
Homework Assignments 2 6 12
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury
Prepration of Final Exams/Final Jury
Total Workload 76