Course Information

Course Information
Course Title Code Language Type Semester L+U Hour Credits ECTS
Introduction to Economics II ECON102 Turkish Compulsory 2. Semester 4 + 0 4.0 5.0
Prerequisite Courses
Course Level Undergraduate
Mode of delivery In person
Course Coordinator Prof. Dr. ŞERİF CANBAY
Instructor(s) Prof. Dr. ŞERİF CANBAY (Bahar)
Goals The aim of the Macroeconomics course is to enable students to learn the fundamental macroeconomic concepts and models; to understand the relationships among key macroeconomic variables such as national income, employment, inflation, unemployment, and monetary and fiscal policies; and to acquire the knowledge and analytical skills necessary to evaluate and interpret current economic issues.
Course Content This course covers the understanding of macro-level national accounts, the comprehension of key macroeconomic indicators such as growth, employment, unemployment, and inflation, as well as gaining comprehensive knowledge of monetary and fiscal policy concepts.
Learning Outcomes
# Öğrenme Kazanımı
1 Students can describe basic macroeconomic concepts.
2 Calculates and interprets macroeconomic indicators.
3 Applies national income accounting methods and distinguishes between real and nominal values.
4 Analyzes the relationships between consumption, saving, and investment.
5 Evaluates the effects of monetary and fiscal policies on economic variables.
6 Explains the effects of exchange rate changes on foreign trade.
Lesson Plan (Weekly Topics)
Week Topics/Applications Method
1. Week Basic Macroeconomic Concepts Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation)
2. Week Inflation and Unemployment Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation), Practice
3. Week National Income Accounting and Key Identities Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation)
4. Week Consumption and Saving Preparation, After Class Study, Research, Interview, Presentation (Preparation)
5. Week Investment, Government Expenditure, Tax Function, and Net Exports Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation)
6. Week Multiplier Analysis Preparation, After Class Study, Research, Other Activities, Presentation (Preparation)
7. Week The Evolution of Money, Money Supply, and Money Demand Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation), Practice
8. Week Monetary and Fiscal Policy and Their Instruments Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation), Practice
9. Week Goods Market Equilibrium (IS) Preparation, After Class Study, Research, Interview, Presentation (Preparation), Practice
10. Week Money Market Equilibrium (LM) Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation), Practice
11. Week IS–LM Analysis: The Effectiveness of Monetary and Fiscal Policies Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation), Practice
12. Week Aggregate Supply and Aggregate Demand Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation), Practice
13. Week Foreign Exchange Market and Balance of Payments Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation)
14. Week International Economics Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation)
*Midterm and final exam dates are not specified in the 14-week course operation plan. Midterm and final exam dates are held on the dates specified in the academic calendar with the decision of the University Senate.
The Matrix for Course & Program Learning Outcomes
No Program Requirements Level of Contribution
1 2 3 4 5
1 Know the basic concepts of economics at an advanced level; can abstract the economic decision-making units in households, firms, government agencies, and predict the results of their decision-making mechanisms in different market and competition conditions.
2 Understand the objectives of economies such as growth, employment, productivity, sustainability; may propose solutions to problems such as unemployment, contraction, inflation, high interest rates and similar problems.
3 Capable to make sense of the international interactions of national economies with an international economic perspective.
4 Have knowledge about the historical development of the world economy and its current structure, understand the working process of different economic systems.
5 Can combine economic theory with mathematical, statistical and econometric skills to analyze concrete situations; are experienced in economic data collection and analysis methods by utilyzing technology.
6 Analyze the different sectors of the economy such as agriculture, industry and services through the Production Factors such as Labor, Capital, Natural Resource, Information and Entrepreneurship and evaluate the country economies.
7 Know the current status, historical background, the strengths and weaknesses of Turkish economy in macro and micro scale; can propose solutions, make theoretical and applied studies in this direction as individuals and teams.
8 Know the relations of economics as a social science with other sciences especially with politics, business administration, law, history, mathematics and engineering; reflect the theoretical knowledge in practice and have collaborative working culture.
9 Have the consciousness of lifelong learning, use the education to keep knowledge updated and contribute to the business life.
10 Have the cultural consciousness, know their own history, develop awareness of working with different cultures, respect individual, social and cultural rights.
11 Behave in accordance with ethical values in their works, have the ability of questioning, free thinking with no prejudices.
12 Have the consciousness of fulfilling the given tasks at the right time. In this process, utilize in maximum written, visual, audio sources and information-communication technologies.
13 Have the experience and ability to explain what they learn in written, oral and visual manner.
14 Use the Turkish and English language properly and effectively, and pursue professional readings in double language.
Relations with Education Attainment Program Course Competencies
Program Requirements DK1 DK2 DK3 DK4 DK5 DK6
PY1 3 3 3 3 3 0
PY2 5 5 5 5 5 0
PY3 3 3 3 3 3 0
PY4 3 3 3 3 3 0
PY5 4 4 4 4 4 0
PY6 2 2 2 2 2 0
PY7 4 4 4 4 4 0
PY8 5 5 5 5 5 0
PY9 5 5 5 5 5 0
PY10 4 4 4 4 4 0
PY11 5 5 5 5 5 0
PY12 4 4 4 4 4 0
PY13 4 4 4 4 4 0
PY14 2 2 2 2 2 0
Recommended Sources
Ders Kitabı veya Notu Ders Kitabı veya Ders Notu bulunmamaktadır.
Diğer Kaynaklar
  • Foundations of Economics / Prof. Dr. İlker PARASIZ and Prof. Dr. Mustafa ÖZER/ Orion Publishing
  • Principles of Economics – Karl E. Case, Ray C. Fair, Sharon M. Oster – Palme Publishing
Evaluation Method
Bahar Dönemi
Responsible Personnel Grup Evaluation Method Percentage
Prof. Dr. ŞERİF CANBAY Vize 40.00
Prof. Dr. ŞERİF CANBAY Final 60.00
Toplam 100.00
ECTS credits and course workload
ECTS credits and course workload Quantity Duration (Hour) Total Workload (Hour)
Ders İçi
Class Hours 14 4 56
Ders Dışı
Research 12 1 12
Interview 14 4 56
Practice 1 1 1
Sınavlar
Midterm 1 1 1
Final 1 1.5 1.5
Total Workload 127.5
*AKTS = (Total Workload) / 25,5 ECTS Credit of the Course 5.0