Lesson plan / INTRODUCTION TO ECONOMICS-II

Lesson Information

Course Credit 3.0
Course ECTS Credit 6.0
Teaching Language of Instruction Türkçe
Level of Course Bachelor's Degree, TYYÇ: Level 6, EQF-LLL: Level 6, QF-EHEA: First Cycle
Type of Course Compulsory
Mode of Delivery Face-to-face
Does the course require compulsory or optional work experience? Z
Course Coordinator Assoc. Prof. (Ph.D.) MERAL FIRAT
Instructor (s)
Course Assistant

Purpose and Content

The aim of the course The goal of this course is to provide students with a basic understanding of the basic concepts and topics in macroeconomics. It is within the goals of the course to teach the students how to reason about macroeconomical issues and to cover the bacis economic problems such as total production, how the economy works, the efficiency of different economic policies, inflation and unemployment.
Course Content The course covers the basic concepts on measuring a nation’s income, measuring the cost of living, real economy and growth and unemployment, monetary system and inflation, open economy and short-run trade-offs.

Weekly Course Subjects

1Differentiation between Micro Economy and Macro Economy
2Orthodox School of Economics
3Heterodox School of Economics
4Income, Consumption, Savings and Investment Concepts
5National Income, GDP and GNP Definitions and Calculation Methods
6Unemployment, Types of Unemployment and Employment Promotion Policies
7Price Instability: Inflation, Types of Inflation, Effects of Inflation, Inflationary Fighting Policies and Deflation
8Stagflation, Stagflation Strategies and Phillips Curve Analysis
9Midterm exam
10Economic Growth and Development
11Balance of Payments and Current Account Deficit, Financing of Current Account Deficit
12Devaluation, Revaluation, Economic Recession, Problems in the Economic Recession
13Money Supply, Money Demand, Money Policy and Money Policy Instruments
14Finance Policy and Instruments

Resources

1- Zeynel DİNLER, İktisada Giriş, Bursa: Ekin Kitapevi, 2016.
2- Osman Z. ORHAN ve Seyfettin ERDOĞAN, iktisada Giriş, Kocaeli: Umuttepe Yayınları, 2013.
3- Tümay ERTEK, Makro Ekonomiye Giriş, Beta Yayınları, 2005.
4- Ali ÖZGÜVEN, İktisata Giriş, Der Yayınları, 2009.
5- N. Gregory MANKIW, Macroeconomics, 9th Ed., Worth Publishers, 2015.