Introduction to Economics II (ECON102) Course Detail

Course Name	Course Code	Season	Lecture Hours	Application Hours	Lab Hours	Credit	ECTS
Introduction to Economics II	ECON102	2. Semester	3	0	0	3	5

Pre-requisite Course(s)
N/A

Course Language	English
Course Type	Service Courses Taken From Other Departments
Course Level	Bachelor’s Degree (First Cycle)
Mode of Delivery	Face To Face
Learning and Teaching Strategies	Lecture, Demonstration, Discussion, Question and Answer, Drill and Practice.
Course Coordinator
Course Lecturer(s)	Asst. Prof. Dr. Eşref Uğur Çelik
Course Assistants
Course Objectives	The principal objective of ECON 102 is to introduce students macroeconomics. Course focuses on introducing key macroeconomic variables such as GDP, unemployment, interest rate and inflation, defines the money and its role. It also analyses the economic polices and their effects on economy. Learning these topics will help the students to understand the basic functioning of the economy.
Course Learning Outcomes	The students who succeeded in this course; To understand the basic themes in macroeconomics. To set the fundamentals of macroeconomics that will be used in the further courses. To learn how to apply the economic way of thinking to a variety of issues.
Course Content	Aggregate demand, aggregate supply, unemployment, inflation, aggregate expenditure, aggregate income models, fiscal policy, money demand, money supply, monetary policy, multiplier.

Weekly Subjects and Releated Preparation Studies

Week	Subjects	Preparation
1	Introduction to Macroeconomics	Case & Fair 7th Edition, pp. 375-390
2	Measuring National Output and National Income (Chapter 18)	Case & Fair 7th Edition, pp. 391-410
3	Long-Run and Short-Run Concerns [Case and Fair (Chapter 19)	Case & Fair 7th Edition, pp. 411-430
4	Aggregate Expenditure and Equilibrium Output (Chapter 20)	Case & Fair 7th Edition, pp. 431-452
5	The Government and Fiscal Policy (Chapter 21)	Case & Fair 7th Edition, pp. 453-474
6	The Government and Fiscal Policy (Chapter 21) continued	Case & Fair 7th Edition, pp. 453-474
7	The Money Supply and the Central Bank System (Chapter 22)	Case & Fair 7th Edition, pp. 475-498
8	Midterm
9	Money Demand, Equilibrium Interest Rate, Monetary Policy (Chapter 23)	Case & Fair 7th Edition, pp. 499-514
10	Money, Interest Rate and Output: Analysis and Policy (Chapter 24)]	Case & Fair 7th Edition, pp. 515-532
11	Aggregate Demand, Aggregate Supply and Inflation (Chapter 25)	Case & Fair 7th Edition, pp. 533-556
12	The Labor Market, Unemployment and Inflation (Chapter 26)	Case & Fair 7th Edition, pp. 557-574
13	Long-Run Growth (Chapter 30)	Case & Fair 7th Edition, pp. 631-648
14	Open Economy Macroeconomics (Chapter 33)	Case & Fair 7th Edition, pp. 687-712
15	Debates in Macroeconomics (Chapter 31)	Case & Fair 7th Edition, pp. 649-664
16	Final Exam

Sources

Course Book	1. Case, Karl E. and Fair, Ray C., Principles of Economics, 7th or 8th Edition, Pearson/Prentice Hall.
	2. Taylor, John B. (2004) Economics, 4th Edition, Houghton Mifflin

Evaluation System

Requirements	Number	Percentage of Grade
Attendance/Participation	1	5
Laboratory	-	-
Application	-	-
Field Work	-	-
Special Course Internship	-	-
Quizzes/Studio Critics	2	5
Homework Assignments	8	5
Presentation	-	-
Project	-	-
Report	-	-
Seminar	-	-
Midterms Exams/Midterms Jury	1	35
Final Exam/Final Jury	1	50
Toplam	13	100

Percentage of Semester Work	50
Percentage of Final Work	50
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
#	Program Qualifications / Competencies	1	2	3	4	5
1	Understanding and explaining the concepts regarding to the main fields of Management (Management, Production, Marketing, Accounting- Finance) and gaining the ability to apply these skills in management.		X
2	Gaining the ability to use technology required for buseiness administration
3	An ability to analyze the information and reports of the markets and businesses and setting goals with respect to results of the analysis.
4	An ability to trace and evaluate the global, local and/or regional developments related to businesses and making strategic decisions.		X
5	An ability to set a innovative business or an ability to use the knowledge in the operations of management(taking risk, finding resources, making market research, and preparing business plans etc.)
6	An ability to apply knowledge regarding functions of management.
7	An ability to have oral and written communication skills particular to management and use these skills effectively in professional relations
8	Compliance with rules of Socials and business ethics and to the principles of social responsibility
9	An ability to use life-long learning approach in order to adapt constantly changing environmental factors (technological, political ,economical, and socio cultural etc.)
10	An ability to conduct research on management and reporting the outcomes with the related parties.
11	Taking responsibility within the teamwork, thinking critically and taking initiative in problem solving.
12	Using professional English in written and verbal communication. ("European Language Portfolio Global Scale", Level B1)
13	Having knowledge about law required by management.

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	1	5
Quizzes/Studio Critics	4	1	4
Prepration of Midterm Exams/Midterm Jury
Prepration of Final Exams/Final Jury
Total Workload			121