Rapor Tarihi: 11.04.2026 16:35
| Course Title | Code | Language | Type | Semester | L+U Hour | Credits | ECTS |
|---|---|---|---|---|---|---|---|
| Advanced Macroeconomic Analysis I | ECON503 | Turkish | Compulsory | 3 + 0 | 3.0 | 6.0 |
| Prerequisite Courses | |
| Course Level | Graduate |
| Mode of delivery | Face-to-face |
| Course Coordinator | Prof. Dr. ŞERİF CANBAY |
| Instructor(s) | Prof. Dr. ŞERİF CANBAY (Bahar) |
| Goals | The aim is to provide the fundamental knowledge necessary to analyze, in algebraic and analytical terms, the relationships underlying macroeconomic theories in order to construct models based on macroeconomic variables. In this course, students learn the approaches developed regarding consumption, saving, investment, budget, and inflation. |
| Course Content | This course examines the analytical and mathematical foundations of microeconomic theory at an advanced level. The course covers consumer theory (preferences, utility maximization, derivation of demand functions, Slutsky decomposition), producer theory (production functions, cost minimization, profit maximization, supply function), partial and general equilibrium analysis, the fundamental theorems of welfare economics, and decision-making under uncertainty. Analytical tools such as differentiation, optimization techniques, and comparative statics are extensively employed throughout the course. |
| # | Öğrenme Kazanımı |
| 1 | Analyzes basic and advanced macroeconomic theories that explain the relationships among macroeconomic variables using analytical and algebraic methods. |
| 2 | Constructs and solves macroeconomic models that explain consumption, saving, and investment behavior. |
| 3 | Formulates and evaluates the optimization problems of households and firms under budget constraints. |
| 4 | Interprets the effects of inflation, interest rates, and expectations on economic decisions within the framework of theoretical models. |
| 5 | Analyzes equilibrium conditions using static and dynamic macroeconomic models. |
| 6 | Analytically discusses the theoretical effects of macroeconomic policy instruments (monetary and fiscal policies). |
| 7 | Develops the ability to produce and interpret model-based solutions to macroeconomic problems. |
| Week | Topics/Applications | Method |
|---|---|---|
| 1. Week | Introduction and Scope of the Course | Preparation, After Class Study, Research, Other Activities, Presentation (Preparation) |
| 2. Week | Basic Analytical Tools in Macroeconomic Models | Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation) |
| 3. Week | Theoretical Foundations of Aggregate Demand and Aggregate Supply | Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation) |
| 4. Week | Theories of Consumption | Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation) |
| 5. Week | Saving and Intertemporal Choice | Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation) |
| 6. Week | Investment Theory | Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation) |
| 7. Week | Money, Interest Rate, and the Money Market | Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation) |
| 8. Week | Theories of Inflation | Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation), Practice |
| 9. Week | Expectations and Macroeconomic Equilibrium | Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation) |
| 10. Week | Fiscal Policy Analysis | Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation), Fieldwork |
| 11. Week | Monetary Policy Analysis | Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation), Fieldwork |
| 12. Week | Macroeconomic Policy Debates | Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation), Fieldwork, Practice |
| 13. Week | Dynamic Macroeconomic Models and Economic Growth | Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation), Fieldwork, Practice |
| 14. Week | Advanced Macroeconomic Modeling and Current Debates | Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation), Fieldwork, Practice |
| No | Program Requirements | Level of Contribution | |||||
|---|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Synthesizes microeconomic and macroeconomic theories at an advanced level, and critically evaluates the assumptions and limitations of economic models within an analytical framework. | ✔ | |||||
| 2 | Systematically follows current theoretical and empirical studies in the economics literature, analyzes these studies from a scientific perspective, and integrates them into their own research. | ✔ | |||||
| 3 | Structures and analyzes complex economic events and processes using mathematical modeling techniques. | ✔ | |||||
| 4 | Analyzes and interprets economic datasets using advanced statistical and econometric methods, along with current analysis software (Stata, R, Python, EViews, etc.). | ✔ | |||||
| 5 | Interprets national and international economic developments in the light of economic theories, and develops evidence-based policy recommendations and strategic evaluations. | ✔ | |||||
| 6 | Defines an original research question in the field of economics, determines the appropriate methodology, and manages an independent scientific study from the design phase to the reporting phase. | ✔ | |||||
| 7 | Develops innovative solutions to complex micro and macro-level economic problems by using theoretical and empirical knowledge from an interdisciplinary perspective. | ✔ | |||||
| 8 | Analyzes the structural characteristics, institutional framework, and current issues of the Turkish economy using advanced methods and evaluates its position within the global economy. | ✔ | |||||
| 9 | Fully complies with national and international ethical principles, academic integrity rules, and intellectual property rights in scientific research, publication, and application processes. | ✔ | |||||
| 10 | Reports research findings and complex economic analyses in writing according to academic writing standards and presents them orally at a professional level on various platforms (conferences, seminars, etc.). | ✔ | |||||
| 11 | Uses a foreign language (English, etc.) at a level sufficient to continuously follow international academic studies in the field of economics and communicate with colleagues. | ✔ | |||||
| 12 | Contributes to the economic literacy and welfare of society by acting with an awareness of sustainable development, social welfare, and ethical responsibility in economic analysis. | ✔ | |||||
| 13 | Evaluates the relationship between historical economic developments and current economic policies to construct alternative scenarios for the future. | ✔ | |||||
| 14 | Analyzes sectoral growth, productivity, competition, and foreign trade performance using sectoral data to develop policy recommendations. | ✔ | |||||
| Program Requirements | DK1 | DK2 | DK3 | DK4 | DK5 | DK6 | DK7 |
|---|---|---|---|---|---|---|---|
| PY1 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| PY2 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| PY3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| PY4 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| PY5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| PY6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| PY7 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| PY8 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| PY9 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| PY10 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| PY11 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| PY12 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| PY13 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| PY14 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Ders Kitabı veya Notu | Ders Kitabı veya Ders Notu bulunmamaktadır. |
|---|---|
| Diğer Kaynaklar |
|
| ECTS credits and course workload | Quantity | Duration (Hour) | Total Workload (Hour) | |
|---|---|---|---|---|
|
Ders İçi |
Class Hours | 14 | 3 | 42 |
|
Ders Dışı |
Homework | 15 | 1 | 15 |
| Preparation, After Class Study | 22 | 1 | 22 | |
| Research | 20 | 2 | 40 | |
| Interview | 8 | 1 | 8 | |
| Presentation (Preparation) | 7 | 2 | 14 | |
| Fieldwork | 4 | 1 | 4 | |
| Other Activities | 4 | 1 | 4 | |
|
Sınavlar |
Midterm | 1 | 2 | 2 |
| Final | 1 | 2 | 2 | |
| Total Workload | 153 | |||
| *AKTS = (Total Workload) / 25,5 | ECTS Credit of the Course | 6.0 | ||
