| Course Title | Code | Semester | L+U Hour | Credits | ECTS |
|---|---|---|---|---|---|
| Introduction To Economics II | SKY116 | 2. Semester | 3 + 0 | 3.0 | 5.0 |
| Prerequisites | None |
| Language of Instruction | Turkish |
| Course Level | Undergraduate |
| Course Type | |
| Mode of delivery | verbal expression |
| Course Coordinator |
Assoc. Prof. Dr. Oğuz KARA |
| Instructors |
Oğuz KARA |
| Assistants | |
| Goals | To introduce the methods of economics, the concepts that form the basis of macroeconomic theory (such as national income, inflation, unemployment and foreign exchange markets), and tools. Understanding when to use monetary and fiscal policies |
| Course Content | Fundamentals of macroeconomic analysis, method, tools, macroeconomic variables, macroeconomic problems, macroeconomic models and the role of economic systems are analyzed. |
| Learning Outcomes |
- Having and applying theoretical and practical knowledge about the field of health management. - Gain knowledge and ability to understand, analyze and direct the administrative, financial, legal, technical and medical functioning of health institutions. - To have the knowledge and skills of managing information systems in health management and to use them effectively. - To have knowledge about national and international health policies, the structure and characteristics of the health system - Having and applying the knowledge and skills to make quantitative and qualitative analyzes in health management - To have the ability to use scientific methods and techniques in critical and innovative thinking, decision making and problem solving in the problems that arise in the health management process. - To have the ability to follow the changes in the field of health management and to produce solutions specific to the country's health system. - Having the ability to communicate effectively and conduct teamwork. - To be aware of the social and ethical responsibilities of the field of health management and to gain behavior in accordance with ethical principles. - To have professional terminology and foreign language knowledge in the field of health management. - Being open to continuous improvement of professional knowledge and skills, innovation and lifelong learning. - Gaining the basic skills of health promotion programs and ensuring their dissemination in the society - Developing patient complaints and patient satisfaction processes in the context of improving service quality |
| Week | Topics | Learning Methods |
|---|---|---|
| 1. Week | Basic Concepts and Measurement of Macro Sizes | Verbal Expression |
| 2. Week | National Income Analysis | Verbal Expression |
| 3. Week | Measuring Annual Growth Rate, Average Growth Rate, Okun's Law, Gross Domestic Product Gap | Verbal Expression |
| 4. Week | (Classical Macroeconomic Model) Classical Macroeconomic Approach: Basic assumptions of classical economics, Output, Identity of investment-savings, Classical interest theory; | Verbal Expression |
| 5. Week | (Simple Keynesian Model) Total Planned Expenditure: Consumption function, Savings Function, Investment Function, Public Expenditures; Expenditure equation: formation and change of equilibrium in the goods market, | Verbal Expression |
| 6. Week | (Multiplier Mechanism) Investment multiplier and accelerator, public expenditure multiplier, transfer expenditure multiplier, balanced budget multiplier, tax multiplier, export and import multiplier | Verbal Expression |
| 7. Week | (Macro General Balance) Interaction in Goods and Money Markets; Derivation of IS Curve, Slope and position of IS; Money Supply and Demand, Equilibrium in the money market, Derivation of the LM curve, Slope and position of the LM, | Verbal Expression |
| 8. Week | Effectiveness of Monetary and Fiscal Policies | Practice |
| 9. Week | (Aggregate Demand) Simultaneous balance in goods and money markets, change in simultaneous balance and effectiveness of fiscal/monetary policies | Verbal Expression |
| 10. Week | (Employment Analysis) Employment, ratios, revisions and personnel to be filled, to be revised | Verbal Expression |
| 11. Week | (Money Markets) Definition and historical development of money, functions of money, properties of money, money supply, money demand theories, aims and tools of monetary policy. | Verbal Expression |
| 12. Week | (Price Stability) Inflation and its causes; The effects of monetary and fiscal policies on inflation; Anti-inflationary Policies under the assumption of Adaptive Expectations and Rational Expectations; Cost of Inflation | Verbal Expression |
| 13. Week | (Inflation - Interest - Employment) Unemployment and Inflation Relationship, Phillips Curve, Short and Long-Run Phillips Curves, Inflation-interest relationship, Fisher hypothesis, Real interest, impossible trilogy | Verbal Expression |
| 14. Week | (Total Supply Model) Supply-side economics and budget deficits, financing the budget deficit, budget deficit, seigniorage and inflation, classical aggregate supply curve, Keynesian aggregate supply curve, new classical and new Keynesian aggregate supply curve, real business cycle theory | Verbal Expression |
| ÜNSAL Erdal (2007), “İktisada Giriş”, İmaj Yayınevi, Ankara, 2007, ISBN: 978-975-8752-51-5 |
| DİNLER Zeynel /2011), “İktisada Giriş”, Ekin Yayın Evi, 17. Baskı, Bursa |
| Frank R.H.&Bernanke B.S. (2017), Ekonominin Temelleri, Literatür Yayınları ÇOBAN Orhan (2009), İktisada Giriş, Selçuk Üniversitesi Basımı, Konya ERTÜRK Emin (2006), İktisada Giriş, Nobel Yayınları, Anakara PEKİN Tevfik (2006), Ekonomiye Giriş, Zeus kitapevi, İzmir ÇOLAK Ömer Faruk (2007), İktisada Giriş, Gazi Kitapevi, Ankara ERTEK Tümay (2008), İktisada Giriş, Beta Basım Yayın, PARASIZ İlker (2010), İktisada Giriş, Ezgi Kitapevi ISON S., Wall S. (2007), İktisat Giriş, Bilim Teknik Yayın evi, Ankara FRANK R., BERNANKE B. (2001), Principles of Economics, McGraw-Hill Irwin, ISBN 0-07-228962-7 ÜNSAL Erdal (2010), Makro İktisada Giriş, İmaj. Yay. Ankara BULMUŞ, İsmail (1998), Mikro İktisat, Cantekin Matb., Ankara. TÜRKAY Orhan (2005), Mikro İktisat Teorisi, İmaj Yay., 8. Baskı, Ankara TÜRKBAL, A. (1983), Mikroiktisat: Fiyat Teorisi, 2. Baskı, Atatürk Üniv. Yay. No: 622, Erzurum. CHİANG, Alpha (1984), Fundamental Methods of Mathematical Economics, 3rd Ed., McGraw-Hill, New York. |
| Program Requirements | Contribution Level | DK1 | DK2 | DK3 | DK4 | DK5 | DK6 | DK7 | DK8 | DK9 | DK10 | DK11 | DK12 | DK13 | Measurement Method |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PY1 | 3 | 5 | 5 | 4 | 4 | 4 | 5 | 5 | 5 | 0 | 0 | 0 | 0 | 0 | - |
| PY2 | 3 | 4 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 0 | 0 | 0 | 0 | 0 | - |
| PY3 | 3 | 4 | 5 | 5 | 5 | 4 | 5 | 5 | 5 | 0 | 0 | 0 | 0 | 0 | - |
| PY5 | 5 | 5 | 5 | 4 | 4 | 5 | 5 | 4 | 5 | 0 | 0 | 0 | 0 | 0 | - |
| PY6 | 4 | 4 | 4 | 5 | 4 | 5 | 4 | 4 | 5 | 0 | 0 | 0 | 0 | 0 | - |
| PY7 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 0 | 0 | 0 | 0 | 0 | - |
| PY8 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 4 | 4 | 0 | 0 | 0 | 0 | 0 | - |
| PY10 | 2 | 3 | 4 | 4 | 3 | 4 | 4 | 4 | 3 | 0 | 0 | 0 | 0 | 0 | - |
| PY11 | 4 | 4 | 3 | 4 | 4 | 4 | 3 | 4 | 4 | 0 | 0 | 0 | 0 | 0 | - |
| PY12 | 4 | 4 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 0 | 0 | 0 | 0 | 0 | - |
| 0 | 1 | 2 | 3 | 4 | 5 | |
|---|---|---|---|---|---|---|
| Course's Level of contribution | None | Very Low | Low | Fair | High | Very High |
| Method of assessment/evaluation | Written exam | Oral Exams | Assignment/Project | Laboratory work | Presentation/Seminar |
| Event | Quantity | Duration (Hour) | Total Workload (Hour) |
|---|---|---|---|
| Course Hours | 14 | 3 | 42 |
| Preparation, After Class Study | 14 | 2 | 28 |
| Research | 6 | 3 | 18 |
| Other Activities | 14 | 2 | 28 |
| Midterm 1 | 1 | 1 | 1 |
| Final | 1 | 1 | 1 |
| Practice | 4 | 2 | 8 |
| Practice End-Of-Term | 1 | 1.5 | 1.5 |
| Total Workload | 127.5 | ||
| ECTS Credit of the Course | 5.0 | ||
