MEKO 102 | Course Introduction and Application Information

Course Name
Macroeconomics
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
MEKO 102
Spring
3
0
3
4

Prerequisites
None
Course Language
Turkish
Course Type
Required
Course Level
Short Cycle
Course Coordinator
Course Lecturer(s)
Assistant(s) -
Course Objectives This course aims to provide students entry level knowledge about the macro level market economics and to improve their ability to analyze various economic approaches.
Course Description The students who succeeded in this course;
  • Will be able to explain basic macroeconomic principles, key macroeconomic variables and measures of these variables
  • Will be able to explain the basic relations between variables such as national income, unemployment, budget deficit, money supply, interest rate and trade deficit.
  • Will be able to explain how the monetary and fiscal policies affects the economy
  • Will be able to explain what are the functions of money and measures of money supply
  • Will be able to explain the effects of international economic and financial relations on economy
Course Content This course includes the explanation of macroeconomic terms, and the analysis of general economic conjuncture in unemployment and national income headings.

 



Course Category

Core Courses
Major Area Courses
X
Supportive Courses
Media and Management Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Related Preparation
1 Introduction - Coverage of the Macro Economy Resource 1 – Chapter 14, Resource 2 – Chapter 1, Resource 3 – Chapter 1
2 Calculation Methods of National Income Resource 1 – Chapter 14-15, Resource 2 – Chapter 2, Resource 3 – Chapter 2
3 Employment and Unemployment Resource 1 – Chapter 20, Resource 2 – Chapter 3, Resource 3 – Chapter 4
4 Inflation Resource 1 – Chapter 19, Resource 2 – Chapter 3-9, Resource 3 – Chapter 3
5 Money and Money Market Resource 1 – Chapter 17-18, Resource 2 – Chapter 8, Resource 3 – Chapter 17-18
6 Total Demand and Total Supply Resource 1 – Chapter 14-15, Resource 2 – Chapter 4, Resource 3 – Chapter 9-11
7 Mid-Term Mid-term
8 Interest Rates and Prices Resource 1 – Chapter 19, Resource 2 – Chapter 8, Resource 3 – Chapter 5
9 Monetary and fiscal policies Resource 1 – Chapter 22, Resource 2 – Chapter 6, Resource 3 – Chapter 8-11-19
10 Balance of Payments Resource 1 – Chapter 25, Resource 2 – Chapter 11, Resource 3 – Chapter 5-13-20
11 International Economic Relations (Foreign Trade) Resource 1 – Chapter 24, Resource 2 – Chapter 10
12 International Financial Relations (Foreign Exchange Market) Resource 1 – Chapter 25, Resource 2 – Chapter 11, Resource 3 – Chapter 5-14
13 Economic Growth / Development and Fluctuations Resource 1 – Chapter 21-22-23, Resource 2 – Chapter 21-23, Resource 3 – Chapter 5-14
14 Alternative Macroeconomic Models Resource 1 – Chapter 26, Resource 2 – Chapter 12, Resource 3 – Chapter 10-21-22-23
15 Review of term Review of term
16 Final Final

 

Course Notes/Textbooks

Resource 1: İktisadın ABC’si, Prof.Dr. M.İlker Parasız, 2015, ISBN: 9757763468.

Resource 2: Meslek Yüksek Okulları İçin Makroiktisat, Prof.Dr.Tümay Ertek, 2018, ISBN: 6052421222.

Resource 3: Makro İktisat, Erdal M.Ünsal, 2017, ISBN: 9944668163.

Suggested Readings/Materials

Notes of Instructor

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
1
10
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Homework / Assignments
Presentation / Jury
Project
Seminar / Workshop
Portfolios
Midterms / Oral Exams
1
40
Final / Oral Exam
1
50
Total

Weighting of Semester Activities on the Final Grade
2
50
Weighting of End-of-Semester Activities on the Final Grade
1
50
Total

ECTS / WORKLOAD TABLE

Semester Activities Number Duration (Hours) Workload
Course Hours
Including exam week: 16 x total hours
16
3
48
Laboratory / Application Hours
Including exam week: 16 x total hours
16
Study Hours Out of Class
10
3
Field Work
Quizzes / Studio Critiques
Homework / Assignments
Presentation / Jury
Project
Seminar / Workshop
Portfolios
Midterms / Oral Exams
1
15
Final / Oral Exam
1
25
    Total
118

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1 To record, edit and close entries and to analyze financial statements
2 To discuss the role and function of banks in the economy. X
3 To know the services offered by commercial banks and to apply the principles and processes. X
4 To get basic investment knowledge, combine academic studies and the financial markets X
5 To manage the risks and to take advantage of opportunities to use derivative instruments in futures markets
6 To assess the financial and economic situation, the income statement and the balance sheet, in particular to analyze the financial statements
7 To know Insurance policies, processes and products
8 To know basic knowledge of law as well as banking law, insurance law and capital market law to be informed about
9 To gain financial marketing and sales capabilities

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest