Lesson plan /

Lesson Information

Course Credit
Course ECTS Credit
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
Mode of Delivery Face-to-face
Does the course require compulsory or optional work experience?
Course Coordinator
Instructor (s)
Course Assistant

Purpose and Content

The aim of the course Providing information about macroeconomic concepts and ensuring correct interpretation of economic policies carried out in countries. Analyzing the current situation of macroeconomic issues such as economic growth and development, inflation and unemployment at the country level and comparatively in the world.
Course Content Behaviors of economic actors at macro level, income sizes, inflation, unemployment, interest, goods and money markets, foreign exchange markets, money supply and demand.

Weekly Course Subjects

1Macroeconomics-Microeconomics Distinction, Definition and Scope of Macroeconomics
2Major Schools of Macroeconomic Thought
3Income Calculations: GDP, GNP, Per Capita GDP and GNP, Net Factor Income, Gross National Product, National Income, Disposable Income, Personal Disposable Income
4Economic Growth and Economic Development: Measurement Methods, Differences and Importance for Countries
5Inflation: Definition and Measurement (Price Indices, CPI, Yi-PPI, GDP Deflator)
6Inflation: Types and Costs
7Employment and unemployment: Conceptual framework, measuring unemployment, Types of unemployment, Economic Discontent Index, Phillips Curve
8Midterm
9Interest: Nominal and Real Interest Rate, Financial Markets
10Consumption and Saving: Consumption Function, Consumption Theories (Absolute Income Hypothesis, Relative Income Hypothesis, Lifetime Income Hypothesis, Intertemporal Consumption Choice, Random Walk)
11Money Supply and Money Demand, Monetary Policy: Tools and Goals
12IS-LM Analizi: Mal ve Para Piyasası Dengesi
13AS-AD Analysis: Total Supply-Total Demand Balance
14Open Economy Model: Foreign Exchange Supply and Demand, Exchange Rate Systems, Capital Mobility, Triple Bind, Devaluation and J Curve

Resources

Erdal Ünsal (2017), Makro iktisat, Genişletilmiş 11. Baskı, Ankara: Murat Yayınları.
N. Gregory Mankiw (2010), Macroeconomics, Seventh Edition, New York: Worth Publishers.
Yüksel Bilgili (2014). Makro iktisat, İstanbul: İkinci Sayfa.
Joseph E. Stiglitz & Carl E. Walsh (2006). Economics, Fourth Edition, New York: W.W.Norton & Company.