Lesson plan / MACROECONOMICS-II

Lesson Information

Course Credit 3.0
Course ECTS Credit 5.0
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 Assist. Prof. Dr. FELOR EBGHAEI
Instructor (s) Assoc. Prof. (Ph.D.) MERAL FIRAT
Course Assistant

Purpose and Content

The aim of the course Making the student learn the basics of macro economy.
Course Content Income distrubution, development, inflation and public finance. Keynesian and Classical View.

Weekly Course Subjects

1National Income; Income and Expenditure, measurement of Gross Domestic Product (GDP), Consumption, Investment. No file found
2Production and Growth; Economic growth, Productivity, Production Function, Economic Growth and Public Policy, Saving, Investment and Financial System
3Unemployment; measurement of unemployment, wages, unions and collective bargaining.
4Unemployment; measurement of unemployment, wages and differences in gender, public policy and job search, the theory of efficiency wages.
5The monetary system; money, functions and history of money, federal reserve system, banking and money system.
6Money gorwth and inflation; value of money and demand and supply of money, inflation and cost of inflation.
7Open econmy macroeconomics; international flow of goods and capital, flow of financial resources,saving and inflation of international flow.
8Prices of international transactions; exchange rates, real and nominal exchange rates, purchasing power parity
9Macroeconomic theory of open economy; equilibrium of open economy, net capital outflow, equilibrium in two markets, effects of policies and events to the open economy
10Aggregate demand and supply; demand and supply curves, short run economic fluctuations
11Monetary and fiscal policy; interest rates in short and long run, money supply
12Fiscal policy and stabilizing the economy; fiscal policy influences, changing in government behaviors
13The short-run trade-off between inflation and unemployment; the Phillips curve, shift in Phillips curve, cost of reducing inflation.
14Review for the exam

Resources

1-Tümay Ertek, Macro Economics, Beta yayınları,İstanbul,2005