Economics and Finance (YL) (Thesis)
Master	Length of the Programme: 2	Number of Credits: 120	TR-NQF-HE: Level 7	QF-EHEA: Second Cycle	EQF: Level 7

ECTS Course Information Package

School/Faculty/Institute

Graduate School

Course Code

ECON 511

Course Title in English

Macroeconomics

Course Title in Turkish

Makroekonomi

Language of Instruction

Type of Course

Ters-yüz öğrenme

Level of Course

Advanced

Semester

Fall

Contact Hours per Week

Lecture: 3

Recitation:

Lab:

Other:

Estimated Student Workload

127 hours per semester

Number of Credits

5 ECTS

Grading Mode

Standard Letter Grade

Pre-requisites

None

Co-requisites

None

Expected Prior Knowledge

None

Registration Restrictions

Only master students

Overall Educational Objective

The main purpose of this course is to give basic knowledge of macroeconomic indicators to the students

Course Description

Investigating and interpreting fundamental macroeconomic indicators such as national income, unemployment, inflation, aggregate supply and demand.

Course Learning Outcomes and Competences

Upon successful completion of the course, the learner is expected to be able to:
1) understanding macroeconomic theories
2) to comprehend the causes of inflation and policies to combat inflation
3) to comprehend the causes of unemployment and policies to combat unemployment
4) understand national income and sustainable economic growth and related policies.

Program Learning Outcomes/Course Learning Outcomes	1	2	3	4
1) To demonstrate increased proficiency on economics and finance depending on the competencies acquired at the undergraduate level.
2) To apply of mathematical concepts to related economic and business problems.
3) To comprehend and interpret the fundamental macroeconomic indicators (balance of payments, money supply, trade balance, foreign exchange rate etc.)
4) To know financial markets and risk, money markets, capital markets, real estate markets, option markets and pricing.
5) To understand the relationship between money and banking and to possess knowledge regarding the financial markets.
6) To use quantitative techniques to increase decision-making capabilities in business environment
7) To show proficiency in analyzing and interpreting financial tables
8) To apply the models used in financial decision making in accordance with risk management techniques and legal regulations.
9) To take initiative and lead multidisciplinary teams, applies economic and financial concepts to solve complex problems.
10) To use written and spoken English effectively (at least CEFR B2 level) to exchange scientific information

Relation to Program Outcomes and Competences

N None	S Supportive	H Highly Related

	Program Outcomes and Competences	Level	Assessed by
1)	To demonstrate increased proficiency on economics and finance depending on the competencies acquired at the undergraduate level.	S	Derse Katılım
2)	To apply of mathematical concepts to related economic and business problems.	S	Exam
3)	To comprehend and interpret the fundamental macroeconomic indicators (balance of payments, money supply, trade balance, foreign exchange rate etc.)	H	Exam,Homework
4)	To know financial markets and risk, money markets, capital markets, real estate markets, option markets and pricing.	S	Exam
5)	To understand the relationship between money and banking and to possess knowledge regarding the financial markets.	H	Exam,Homework
6)	To use quantitative techniques to increase decision-making capabilities in business environment	N
7)	To show proficiency in analyzing and interpreting financial tables	N
8)	To apply the models used in financial decision making in accordance with risk management techniques and legal regulations.	N
9)	To take initiative and lead multidisciplinary teams, applies economic and financial concepts to solve complex problems.	S	Derse Katılım
10)	To use written and spoken English effectively (at least CEFR B2 level) to exchange scientific information	N

Prepared by and Date	ERDEM BAĞCI , October 2018
Course Coordinator	MUHAMMED ABDULLAH ALTUNDAL
Semester	Fall
Name of Instructor

Course Contents

Week	Subject
1)	Development of Economics throughout history
2)	Development of Economics throughout history
3)	Mercantilism and Physiocracy
4)	Classical Economic Theory (Supply-Side Economics) and Keynesian Economic Theory
5)	Classical Economic Theory (Supply-Side Economics) and Keynesian Economic Theory
6)	National Income and Terms Related to National Income
7)	National Income and Terms Related to National Income
8)	General Equilibrium of Economy
9)	General Equilibrium of Economy
10)	Macroeconomic Equilibrium Problems: Unemployment and Inflation,
11)	Macroeconomic Equilibrium Problems: Unemployment and Inflation,
12)	Macroeconomic Equilibrium Problems: External Balance, Exchange Rate and Interest Rates
13)	Macroeconomic Equilibrium Problems: External Balance, Exchange Rate and Interest Rates
14)	Project Week
15)	Final
16)	Final

Required/Recommended Readings

Mahfi Eğilmez,(2009). Makroekonomi, Yayınevi : Remzi Kitabevi Frederic S. Mishkin.(2018) Makroekonomi-Politika ve Uygulama, Çevirmen: Kolektif, Yayınevi : Nobel Akademik Yayıncılık

Teaching Methods

Flipped learning class

Homework and Projects

Laboratory Work

Computer Use

Other Activities

Assessment Methods

Assessment Tools	Count	Weight
Attendance	14	% 10
Homework Assignments	5	% 35
Final Examination	1	% 55
TOTAL		% 100

Course Administration

bagcie@mef.edu.tr

Öğrenciler elektronik sistemler aracılığıyla paylaşılan ders dokümanlarını inceleyerek derse gelmekle sorumludurlar. Öğretim üyesi sınıf içi aktivitelerde etkileşimi arttırmak için aracı rolünü üstlenecektir. Akademik Sahtekarlık ve İntihal: YÖK Düzenlemeleri

ECTS Student Workload Estimation

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	3	3	1	98
Presentations / Seminar	1	10	2		12
Final Examination	1	14	3		17
Total Workload					127
Total Workload/25					5.1
ECTS					5