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
Major Area Courses X
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 1. To be able to combine and use the knowledge of their own undergraduate program area with the knowledge of business administration.
2 2. To have information about the structure and functioning of the financial system and each financial institution.
3 3. To have information about regulations and legislation related to financial institutions
4 4. To be able to see the risks that different financial institutions are exposed to and gain the ability to produce basic solutions.
5 5. To have knowledge about basic investment strategies.
6 6. Having knowledge about research methods and techniques and being able to use them.
7 7. To have information about the institutional characteristics of emerging and developed markets and investment strategies for bonds, stocks and derivatives in these markets.
8 8. To have the ability to reach scientific knowledge in the field of business, to monitor, evaluate and apply the current literature
9 9. To be able to transfer information about the business area by using effective verbal, written and visual communication methods.
10 10. To be aware of professional ethics, environmental awareness, sustainability, social responsibility, cultural, social and universal values
11 10. To be aware of professional ethics, environmental awareness, sustainability, social responsibility, cultural, social and universal values
12 11. To be able to work effectively with different disciplines or multicultural teams, to take responsibility, to make risk analysis, to keep up with change, to think critically and to use initiative in problem solving.
13 12. To have the ability to present a research problem, to develop hypotheses, to design research and to reach a conclusion by using qualitative/quantitative methods, by making the necessary literature review, and to have the ability to publish an academic publication as a result.

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