| Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | | İKT2042013201 | MACRO ECONOMICS-II | Compulsory | 2 | 4 | 5 |
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| Level of Course Unit |
| First Cycle |
| Objectives of the Course |
| The aim of the course is
• to teach deeply the nature of macroeconomics and the macroeconomic problems and
• to develop the ability of the students to discuss the core short-run and medium-run models to explain the mechanisms of macroeconomics. |
| Name of Lecturer(s) |
| DR. ÖĞR. ÜYESİ OĞUZ TÜMTÜRK |
| Learning Outcomes |
| 1 | Effectively be able to define the structure and properties of the national and international markets in macroeconomics | | 2 | Able to explain basic macroeconomic concepts and issues |
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| Mode of Delivery |
| Formal Education |
| Prerequisites and co-requisities |
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| Recommended Optional Programme Components |
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| Course Contents |
| • Mainstream macroeconomic theories such as Aggregate Demand and Supply Analysis (Real Income, Employment, and Price Level Determination)
• Theories of Wages and Labour Supply
• Effectiveness of Monetary and Fiscal Policy (Multiplier Analysis)
• Demand For Money (Simple Portfolio Models)
• Theories of Consumption and Investment Behaviour |
| Weekly Detailed Course Contents |
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| 1 | Fundamentals of Macroeconomics | | | | 2 | Key Macroeconomic Variables | | | | 3 | Infrastructure of macroeconomic analysis: basic macroeconomic relations | | | | 4 | Reference models I: Classical Model | | | | 5 | Reference models II: Keynesian Model | | | | 6 | Money, Interest Rate and national income: IS-LM models | | | | 7 | International economic relations: IS-LM models | | | | 8 | Mid-term Exam | | | | 9 | Aggregate Demand and Aggregate Supply: AD-AS models | | | | 10 | Economic Fluctuations: Business Cycle Theories | | | | 11 | Unemployment and Inflation | | | | 12 | Twin Deficits: Budget deficit and external deficit | | | | 13 | Economic growth | | | | 14 | Consumption, Savings and investment | | | | 15 | Money Supply and Money demand | | | | 16 | Final Exam | | |
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| Recommended or Required Reading |
| Dornbusch, R.,Fisher, S. ve Startz, R. (2007), Makroekonomi, Gazi Yayınevi.
G.N.Mankıw, Macroeconomıcs, Worth Publıshers, 2003
Ünsal, Erdal, 2010. Makro İktisat, İmaj Yayınevi. |
| Planned Learning Activities and Teaching Methods |
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| Assessment Methods and Criteria | |
| SUM | 0 | |
| SUM | 0 | | Yarıyıl (Yıl) İçi Etkinlikleri | 40 | | Yarıyıl (Yıl) Sonu Etkinlikleri | 60 | | SUM | 100 |
| | Language of Instruction | | | Work Placement(s) | |
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| Workload Calculation |
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| Midterm Examination | 1 | 1 | 1 |
| Final Examination | 1 | 1 | 1 |
| Attending Lectures | 14 | 3 | 42 |
| Self Study | 14 | 5 | 70 |
| Individual Study for Mid term Examination | 14 | 1 | 14 |
| Individual Study for Final Examination | 22 | 1 | 22 |
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| Contribution of Learning Outcomes to Programme Outcomes |
| LO1 | 4 | 5 | 5 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | | LO2 | 4 | 5 | 5 | 4 | 5 | 5 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
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| * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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Ordu University Rectorate Building ,Cumhuriyet Campus , Center / ORDU / TURKEY • Tel: +90 452 226 52 00
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