Course Information


Course Information
Course Title Code Semester L+U Hour Credits ECTS
INTRODUCTION TO ECONOMICS II AETY102 2. Semester 0 + 0 0 7.0

Prerequisites None

Language of Instruction Turkish
Course Level Bachelor's Degree
Course Type Compulsory
Mode of delivery Computer aided oral presentation
Course Coordinator
Instructors
Assistants
Goals It is aimed to understand the basic tools necessary for measuring and analyzing the economy as a whole.
Course Content National Income Accounting, Keynesian Model and Determination of National Income, Fiscal and Monetary Policies
Learning Outcomes 1) It defines the basic macroeconomic measures of output, unemployment, inflation, interest rate and balance of payments.
2) The reasons behind short-term macroeconomic fluctuations are learned in the basic Keynesian model light. Total planned expenditure, multiplier of expenditure and saving investment equality.
3) Learn the functioning of the monetary system and the effect of money on macro equilibrium.

Weekly Topics (Content)
Week Topics Teaching and Learning Methods and Techniques Study Materials
1. Week Economic Growth and Fluctuations: GDP, unemployment, inflation, models and policies. Lecture; Question Answer; Discussion

Homework
2. Week Economy Measuring 1: GDP-related quantities, saving-investment identity. Lecture; Question Answer; Discussion

Homework
3. Week Measurement of the economy 2: Unemployment, inflation, interest rate, balance of payments. Lecture; Question Answer; Discussion

Homework
4. Week Measurement of the economy 2: Unemployment, inflation, interest rate, balance of payments. Lecture; Question Answer; Problem Solving; Discussion
Colloquium
Homework
5. Week Short-Term Economic Fluctuations 1: Total planned expenditure, consumption, government purchases, investment, net exports Lecture; Question Answer; Discussion

Homework
6. Week Short-Term Economic Fluctuations 2: Total planned expenditure and revenues, stock investments, expenditure and tax multiplier. Lecture; Question Answer; Discussion

Homework
7. Week Short-Term Economic Fluctuations 2: Total planned expenditure and revenues, stock investments, expenditure and tax multiplier. Lecture; Question Answer; Discussion

Homework
8. Week Midterm Exam

9. Week Macro Balance: Total demand and aggregate supply. Long and short term macro equilibrium. Lecture; Question Answer; Discussion

Homework
10. Week Macro Balance: Total demand and aggregate supply. Long and short term macro equilibrium. Lecture; Question Answer; Discussion

Homework
11. Week Money and Macro Balance: Money system, money supply and monetary control instruments. Money demand models. Equilibrium interest rates and monetary policies. Lecture; Question Answer; Discussion

Homework
12. Week Money and Macro Balance: Money system, money supply and monetary control instruments. Money demand models. Equilibrium interest rates and monetary policies. Lecture; Question Answer; Discussion

Homework
13. Week International Trade: Specialization, free trade, policies that restrict trade, search for rent Lecture; Question Answer; Discussion

Homework
14. Week International Trade: Specialization, free trade, policies that restrict trade, search for rent Lecture; Question Answer; Discussion

Homework
15. Week Economic Growth: Determinants of Growth. Cross-country comparisons. Lecture; Question Answer; Discussion

Homework
16. Week Final exam Question Answer


Sources Used in This Course
Recommended Sources
Erdal M. Ünsal, İktisada Giriş 1, İmaj Yayınevi 2007
R. Lipsey ve P. Cournot, Economics 14, Addison Wesley 2003.

Relations with Education Attainment Program Course Competencies
Program RequirementsContribution LevelDK1DK2DK3
PY15555
PY25555
PY35555
PY45555
PY55555

*DK = Course's Contrubution.
0 1 2 3 4 5
Level of contribution None Very Low Low Fair High Very High
.

ECTS credits and course workload
Event Quantity Duration (Hour) Total Workload (Hour)
Course Duration (Total weeks*Hours per week) 14 5
Work Hour outside Classroom (Preparation, strengthening) 14 5
Homework 5 5
Midterm Exam 1 3
Time to prepare for Midterm Exam 1 20
Final Exam 1 2
Time to prepare for Final Exam 1 20
Total Workload
Total Workload / 30 (s)
ECTS Credit of the Course
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Course Information