ECTS - Macroeconomic Theory II
Macroeconomic Theory II (IKT208) Course Detail
| Course Name | Course Code | Season | Lecture Hours | Application Hours | Lab Hours | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| Macroeconomic Theory II | IKT208 | 3 | 0 | 0 | 3 | 6 |
| Pre-requisite Course(s) |
|---|
| N/A |
| Course Language | Turkish |
|---|---|
| Course Type | N/A |
| Course Level | Bachelor’s Degree (First Cycle) |
| Mode of Delivery | Face To Face |
| Learning and Teaching Strategies | Lecture, Demonstration, Question and Answer, Problem Solving. |
| Course Lecturer(s) |
|
| Course Objectives | This course complements ECON 207, Macroeconomic Theory I. The main aim of ECON 208 -as well as ECON 207- is to equip students with the basic theories of macroeconomics at the intermediate level. ECON 207 and 208 also aim to provide the necessary tools as well as concepts to analyze the key problems and the related policy issues of macroeconomics. |
| Course Learning Outcomes |
The students who succeeded in this course;
|
| Course Content | Traditional and modern schools of thought; practical issues in policymaking; economic growth and policy implications; theories of consumption, saving and investment. |
Weekly Subjects and Releated Preparation Studies
| Week | Subjects | Preparation |
|---|---|---|
| 1 | Overview of the course | |
| 2 | An Overview of Traditional & Modern Schools of Thought | Handouts |
| 3 | Inflation, Output and Unemployment: Alternative Views | ss.119-142 |
| 4 | Key Issues in Policymaking | ss.183-190, ss.417-441 |
| 5 | Economic Growth I: Preliminaries & Harrod-Domar Model | Handouts |
| 6 | Economic Growth II: Solow Model and Growth Accounting | ss. 53-76 |
| 7 | Economic Growth III: Endogenous Growth Models, Convergence & Policy Implications | ss. 78-94 |
| 8 | Midterrm Exam | |
| 9 | Consumption and Savings | ss. 317-338 |
| 10 | Investment | ss. 343-370 |
| 11 | Money Demand | ss. 373-392 |
| 12 | The Supply of Money, Central Bank and Monetary Policy | ss. 394-413 |
| 13 | Fiscal Policy, Budget Constraint, Deficits, Seigniorage and Debts | ss. 461-483 |
| 14 | Fiscal Policy, Budget Constraint, Deficits, Seigniorage and Debts | ss. 484-503 |
| 15 | Selected Topics & Epilogue | Handouts |
| 16 | Final Exam |
Sources
| Course Book | 1. Dornbusch, R., Fischer, S. and R. Startz (2008) Macroeconomics, 10th Edition, McGraw-Hill. |
|---|---|
| 2. Froyen, R. T. (2008) Macroeconomics: Theories and Policies, 9th Edition, Prentice Hall. | |
| 3. Mankiw, Gregory N. (2006) Macroeconomics, 6th Edition, Worth Publishers. | |
| 4. Snowdon, Brian, and Howard R. Vane (2005) Modern Macroeconomics: Its Origins, Development and Current State. Edward Elgar Publishing. |
Evaluation System
| Requirements | Number | Percentage of Grade |
|---|---|---|
| Attendance/Participation | - | - |
| Laboratory | - | - |
| Application | - | - |
| Field Work | - | - |
| Special Course Internship | - | - |
| Quizzes/Studio Critics | - | - |
| Homework Assignments | 5 | 10 |
| Presentation | - | - |
| Project | - | - |
| Report | - | - |
| Seminar | - | - |
| Midterms Exams/Midterms Jury | 2 | 50 |
| Final Exam/Final Jury | 1 | 40 |
| Toplam | 8 | 100 |
| Percentage of Semester Work | 60 |
|---|---|
| Percentage of Final Work | 40 |
| 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 | Have an advanced level of basic theoretical knowledge on the field of public finance in order to obtain the practical gains. | X | ||||
| 2 | Identify the issues related to the field of public finance by dealing with it within the framework of the methodological approach, and report and evaluate it from an analytical point of view. | X | ||||
| 3 | Understand, interpret and analyse economic and financial events, equipped with knowledge of certain disciplines, especially economics, business and law. | X | ||||
| 4 | Develop policies and strategies for solving the problems by establishing the cause-effect relationship related to fiscal and economic issues through theoretical information and the discussions. | X | ||||
| 5 | Establish the relationship of public financial management and budget theory with public policies, he/she makes strong budget analysis, develop analysis on public finance and makes a link with the policy implementation | X | ||||
| 6 | Understand the tax theory, learning the legal structure, following the legal and financial developments and gaining a professional competence in tax matters effectively develop it. | X | ||||
| 7 | Have knowledge of accounting systems in private and public institutions and businesses, analyze and interpret the financial and financial structure of institutions with the knowledge and competence gained. | X | ||||
| 8 | Gain knowledge of macroeconomic framework and growth theory, including theoretical and country examples, evaluates economic developments from a theoretical perspective. | X | ||||
| 9 | Use foreign language in financial and economic fields, follow international literature, communicate on professional issues. | X | ||||
| 10 | Benefit from technological developments in studies specific to its field by using information technologies, digital developments and common software. | X | ||||
| 11 | Use qualitative and quantitative methods for the analysis of economic, financial, social and institutional events. | X | ||||
| 12 | While fulfilling its academic and professional responsibilities, develop an approach that respects s United Nations sustainable development goals, freedoms, rights of the disadvantaged groups, environment, cultural and moral values. | X | ||||
ECTS/Workload Table
| Activities | Number | Duration (Hours) | Total Workload |
|---|---|---|---|
| Course Hours (Including Exam Week: 16 x Total Hours) | 16 | 3 | 48 |
| Laboratory | |||
| Application | |||
| Special Course Internship | |||
| Field Work | |||
| Study Hours Out of Class | 16 | 4 | 64 |
| Presentation/Seminar Prepration | |||
| Project | |||
| Report | |||
| Homework Assignments | 5 | 3 | 15 |
| Quizzes/Studio Critics | |||
| Prepration of Midterm Exams/Midterm Jury | 1 | 10 | 10 |
| Prepration of Final Exams/Final Jury | 1 | 10 | 10 |
| Total Workload | 147 | ||