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Course Information

Course Information

Course Title	Code	Semester	L+U Hour	Credits	ECTS
MACRO ECONOMICS	IKT2002	4. Semester	4 + 0	4.0	6.0

Prerequisites

None

Language of Instruction	Turkish
Course Level	Bachelor's Degree
Course Type	Compulsory
Mode of delivery
Course Coordinator
Instructors
Assistants
Goals	This course aims to provide students with macroeconomic issues like inflation, unemployment, economic growth and introduces the necessary tools for macro economic analysis.
Course Content	Macro Economics: Basic Concepts Macroeconomic Aggregates: GDP and Balance of Payments Macroeconomic Aggregates: Unemployment, Inflation and Interest Rate Aggregate Expenditure and Income: Simple Keynesian Model IS-LM Analysis Monetary and Fiscal Policy Aggregate Demand and Aggregate Supply Alternative Macroeconomic Models Dynamic Aggregate Demand and Aggregate Supply Open Economy: Aggregate Expenditure and Income Open Economy: Aggregate Demand and Aggregate Supply Micro Foundations: Consumption and Investment Demand for Money, Money Supply and Monetary policy Budget Deficits and Government debt Economic Growth Real Business Cycles
Learning Outcomes	1) Learns to define GDP, unemployment, inflation, interest rate and balance of payments 2) Learns to explain short-term economic fluctuations using IS-LM model, derive IS-LM curves, AE, multiplier, S-I balance 3) Learns alternative models of aggregate supply with their assumptions and conclusions.