Course Information

Course Information
Course Title Code Language Type Semester L+U Hour Credits ECTS
Macro Economics ULUS102 Turkish Compulsory 2. Semester 3 + 0 3.0 5.0
Prerequisite Courses
Course Level Undergraduate
Mode of delivery Face-to-face
Course Coordinator Prof. Dr. ŞERİF CANBAY
Instructor(s) Prof. Dr. ŞERİF CANBAY (Bahar)
Goals Objectives of the Course are to teach the basic concepts of macroeconomics, firstly to teach the theory. Then, by linking these theoretical knowledge with daily life, to educate students who will be able to interpret the economic events in the country and the world accurately and to follow and understand the economics literature consciously.
Course Content Definition, content and development of macroeconomics, economics education and method problems, macroeconomic analysis and macroeconomic models, functioning of market economy, market and non-market failures and macroeconomic equilibrium analysis, production capacity and national income, price movements and inflation measurement, employment capacity and unemployment. factors such as measurement, economic growth and economic fluctuations, net social welfare, micro foundations of macroeconomics, factors determining consumption-saving and investment tendency, public sector and economic balance, open economy and economic equilibrium, foreign exchange market and exchange rates, money market, interest rates and financial markets
Learning Outcomes
# Öğrenme Kazanımı
1 Learning the basic concepts of macroeconomics
2 To know the basic problems of a country's economy
3 To know the state's macroeconomic policy tools
4 To be able to analyze the effects of state economic policies on national income 
5 To be able to analyze the positive and negative effects of foreign trade on the national economy
6 Understand the characteristics of simple macroeconomic models and compare them among them
Lesson Plan (Weekly Topics)
Week Topics/Applications Method
1. Week Introduction: Definition, aim, tools and topics of macroeconomics
2. Week Calculation and measurement of national income, the flow of income, the role of the state, the outer world. Imbalances and problems
3. Week Nominal and real national income, income per capita and international comparisons
4. Week Use of supply and demand curves in macro analysis. Development and assumptions of classical analysis. Classical production function, labor supply and demand
5. Week otal supply in classical analysis. Classic investment savings balance. Criticism about quantity theory and quantity theory.
6. Week Keynes's theory and its assumptions. Total supply in Keynesian theory. Consumption and saving function
7. Week Determination of investment function, equilibrium national income level with effective demand and investment saving equation
8. Week Midterm Exam
9. Week Changes in total expenditures and multiplier mechanism. Effects of price changes on balance total demand
10. Week Savings paradox. Deflationary and inflationary gap
11. Week Slope of the AS curve and shifts in the AS curve. Slope of AD curve and shifts in AD curve. Total supply in Keynes and Classic system
12. Week Income and price changes depending on total supply and aggregate demand. Classical, new classic, Keynesian and new Keynesian policies outlines
13. Week The role of the public sector in the economy. Effects of public expenditures and taxes on balance income. Equivalent budget multiplier theorem
14. Week Fiscal policy tools and automatic stabilizers. Budget and state debts
*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 Being able to comprehend the basic concepts and theoretical knowledge in the field of international relations and grasp their details.
2 Having the knowledge of international relations, diplomatic history, law, international law, economics, public administration, management and accounting required in a qualified employee who is demanded by the public and private sectors and being able to utilize this knowledge.
3 Analyzing and evaluating hypothetical knowledge as well as offering solutions in the field of international relations
4 Taking responsibility in studies related to the field of international relations and being able to arrange and independently conduct such studies.
5 Being able to offer and share alternative solutions in the field of international relations with awareness for lifelong learning and critical thinking.
6 Being able to evaluate the knowledge that is acquired during the education period through building cause-effect relations; being able to foresee what kind of knowledge is required in which situation (where and when) and why
7 Being able to share theoretical and practical knowledge in the field of international relations and translate them into teamwork activities.
8 Having competence of written and verbal communication in Turkish; being able to speak a foreign language at a level to exchange ideas on the field of international relations.
9 Being conscious about the social, scientific and professional ethics; being open to change and new ideas.
10 Being able to present opinions as to current issues in international relations, to enhance them as well as to use them in interpreting events.
Relations with Education Attainment Program Course Competencies
Program Requirements DK1 DK2 DK3 DK4 DK5 DK6
PY1 4 4 4 4 4 4
PY2 5 5 5 5 5 5
PY3 4 4 4 4 4 4
PY4 1 1 1 1 1 1
PY5 1 1 1 1 1 1
PY6 5 5 5 5 5 5
PY7 2 2 2 2 2 2
PY8 1 1 1 1 1 1
PY9 5 5 5 5 5 5
PY10 3 3 3 3 3 3
Recommended Sources
Ders Kitabı veya Notu Ders Kitabı veya Ders Notu bulunmamaktadır.
Diğer Kaynaklar
  • Z. TUNCA: “Makro İktisat” Filiz Kitabevi, İstanbul,2005
Evaluation Method
Bahar Dönemi
Responsible Personnel Grup Evaluation Method Percentage
Prof. Dr. ŞERİF CANBAY 1.Grup Vize 40.00
Prof. Dr. ŞERİF CANBAY 1.Grup Final 60.00
Toplam 100.00
Prof. Dr. ŞERİF CANBAY 2.Grup Vize 40.00
Prof. Dr. ŞERİF CANBAY 2.Grup Final 60.00
Toplam 100.00
ECTS credits and course workload
ECTS credits and course workload Quantity Duration (Hour) Total Workload (Hour)
Sınavlar
Midterm 1 30 30
Quiz 1 15.5 15.5
Final 1 40 40
Classroom Activities 14 3 42
Total Workload 127.5
*AKTS = (Total Workload) / 25,5 ECTS Credit of the Course 5.0