Psychology | |||||
Bachelor | Length of the Programme: 4 | Number of Credits: 240 | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF: Level 6 |
School/Faculty/Institute | Faculty of Economics, Administrative and Social Sciences | ||||
Course Code | ECON 203 | ||||
Course Title in English | Macroeconomic Theory I | ||||
Course Title in Turkish | Makroekonomik Teori I | ||||
Language of Instruction | EN | ||||
Type of Course | Flipped Classroom | ||||
Level of Course | Select | ||||
Semester | Fall | ||||
Contact Hours per Week |
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Estimated Student Workload | 135 hours per semester | ||||
Number of Credits | 5 ECTS | ||||
Grading Mode | Standard Letter Grade | ||||
Pre-requisites |
ECON 102 - Macroeconomics MATH 102 - Mathematics for Social Sciences Ii MATH 104 - Mathematics for Social Sciences II |
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Expected Prior Knowledge | Prior knowledge of macroeconomics and mathematics. | ||||
Co-requisites | None | ||||
Registration Restrictions | Only Undergraduate Students | ||||
Overall Educational Objective | To learn the necessary tools and ideas to understand the aggregate economy. | ||||
Course Description | This course aims to provide an integrated view of macroeconomics, exploring various timeframes. In the short run, it analyzes equilibrium in the goods and financial markets, employing a fundamental model to understand fluctuations in output. In the medium run, the focus shifts to equilibrium in the labor market and emphasizes the relationship between inflation and unemployment. Finally, in the long run, the course examines the evolution of output across different countries. Another goal of the course is to establish a connection between theoretical concepts and real-world applications, facilitating a more profound comprehension of macroeconomic principles through practical examples. | ||||
Course Description in Turkish | Bu ders çeşitli zaman dilimlerini inceleyerek makroekonomiye entegre bir bakış sunmayı amaçlamaktadır.Ders kapsamında kısa vadede, çıktıdaki dalgalanmaları anlamak için mal ve finansal piyasalardaki denge analiz edilmektedir. Orta vadede işgücü piyasasındaki denge incelenerek enflasyon ile işsizlik arasındaki ilişki ele alınmaktadır. Son olarak, uzun vadede ise, farklı ülkelerdeki çıktının gelişimi incelenmektedir. Dersin bir diğer amacı da teorik kavramlar ile gerçek dünya uygulamaları arasında bağlantı kurarak makroekonomik ilkelerin pratik örneklerle daha derinlemesine anlaşılmasını sağlamaktır. |
Course Learning Outcomes and CompetencesUpon successful completion of the course, the learner is expected to be able to:1) Understand macroeconomic models by analyzing their assumptions and differences; 2) Examine macroeconomic events in macroeconomic framework including IS-LM model and IS-LM-PC model; 3) Apply mathematical tools to analyze effects of macroeconomic events on macroeconomic variables; 4) Establish a connection between theoretical concepts and real-world applications. |
Program Learning Outcomes/Course Learning Outcomes | 1 | 2 | 3 | 4 |
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1) Thorough knowledge of the major concepts, theoretical perspectives, empirical findings, and historical trends in psychology. | ||||
2) Understanding of and ability to apply essential research methods in psychology, including research design, data analysis, and data interpretation. | ||||
3) Competence to use critical and creative thinking, skeptical inquiry and a scientific approach to solving problems related to behavior and mental processes. | ||||
4) Understanding and ability to apply psychological principles, skills and values in personal, social, and organizational contexts. | ||||
5) Ability to weigh evidence, to tolerate ambiguity, and to reflect other values that underpin psychology as a discipline. | ||||
6) Internalization and dissemination of professional ethical standards. | ||||
7) Demonstration of competence in information technologies, and the ability to use computer and other technologies for purposes related to the pursuit of knowledge in psychology and the broader social sciences. | ||||
8) Skills to communicate the knowledge of psychological science effectively, in a variety of formats, in both Turkish and in English (in English, at least CEFR B2 level). | ||||
9) Recognition, understanding, and respect for the complexity of sociocultural and international diversity. | ||||
10) Recognition for the need for, and the skills to pursue, lifelong learning, inquiry, and self-improvement. | ||||
11) Ability to formulate critical hypotheses based on psychological theory and literature, and design studies to test those hypotheses. | ||||
12) Ability to acquire knowledge independently, and to plan one’s own learning. | ||||
13) Demonstration of advanced competence in the clarity and composition of written work and presentations. |
N None | S Supportive | H Highly Related |
Program Outcomes and Competences | Level | Assessed by | |
1) | Thorough knowledge of the major concepts, theoretical perspectives, empirical findings, and historical trends in psychology. | N | |
2) | Understanding of and ability to apply essential research methods in psychology, including research design, data analysis, and data interpretation. | N | |
3) | Competence to use critical and creative thinking, skeptical inquiry and a scientific approach to solving problems related to behavior and mental processes. | H | Exam,HW,Participation |
4) | Understanding and ability to apply psychological principles, skills and values in personal, social, and organizational contexts. | N | |
5) | Ability to weigh evidence, to tolerate ambiguity, and to reflect other values that underpin psychology as a discipline. | N | |
6) | Internalization and dissemination of professional ethical standards. | N | |
7) | Demonstration of competence in information technologies, and the ability to use computer and other technologies for purposes related to the pursuit of knowledge in psychology and the broader social sciences. | N | |
8) | Skills to communicate the knowledge of psychological science effectively, in a variety of formats, in both Turkish and in English (in English, at least CEFR B2 level). | N | |
9) | Recognition, understanding, and respect for the complexity of sociocultural and international diversity. | S | Participation |
10) | Recognition for the need for, and the skills to pursue, lifelong learning, inquiry, and self-improvement. | S | HW,Participation |
11) | Ability to formulate critical hypotheses based on psychological theory and literature, and design studies to test those hypotheses. | N | |
12) | Ability to acquire knowledge independently, and to plan one’s own learning. | S | Exam,HW |
13) | Demonstration of advanced competence in the clarity and composition of written work and presentations. | H | Exam,HW |
Prepared by and Date | NAZLI KARAMOLLAOĞLU , November 2023 |
Course Coordinator | NAZLI KARAMOLLAOĞLU |
Semester | Fall |
Name of Instructor | Assoc. Prof. Dr. NAZLI KARAMOLLAOĞLU |
Week | Subject |
1) | Introduction |
2) | General Issues and Concepts in Macroeconomics |
3) | The Goods Market |
4) | Financial Markets |
5) | Goods and Financial Markets: The IS-LM Model |
6) | Financial Markets II: The Extended IS-LM Model |
7) | Review and Midterm |
8) | The Labor Market |
9) | The Phillips Curve, the Natural Rate of Unemployment, and Inflation |
10) | From the Short to the Medium Run: The IS-LM-PC Model |
11) | The Facts of Growth |
12) | Saving, Capital Accumulation, and Output |
13) | Technological Progress and Growth |
14) | Challenges of Growth |
15) | Final Examination Period |
16) | Final Examination Period |
Required/Recommended Readings | Macroeconomics, by Oliver Blanchard Pearson, 8th edition. | ||||||||||||||||||
Teaching Methods | Flipped classroom | ||||||||||||||||||
Homework and Projects | Homework and Quizzes | ||||||||||||||||||
Laboratory Work | none | ||||||||||||||||||
Computer Use | none | ||||||||||||||||||
Other Activities | none | ||||||||||||||||||
Assessment Methods |
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Course Administration |
karamollaoglun@mef.edu.tr More detailed information about the course, like office hours, can be found in the blackboard. Attendance is required. Academic Dishonesty and Plagiarism: YOK Regulation |
Activity | No/Weeks | Hours | Calculation | ||||
No/Weeks per Semester | Preparing for the Activity | Spent in the Activity Itself | Completing the Activity Requirements | ||||
Course Hours | 14 | 1.5 | 3 | 2 | 91 | ||
Homework Assignments | 10 | 1 | 1 | 20 | |||
Quiz(zes) | 4 | 1 | 0.5 | 6 | |||
Midterm(s) | 1 | 6 | 2 | 8 | |||
Final Examination | 1 | 10 | 2 | 12 | |||
Total Workload | 137 | ||||||
Total Workload/25 | 5.5 | ||||||
ECTS | 5 |