Information Package / Course Catalogue
| Business Administration | |||||
| Bachelor | Length of the Programme: 4 | Number of Credits: 240 | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF: Level 6 |
Ders Genel Tanıtım Bilgileri
| School/Faculty/Institute | Faculty of Econ., Admin. and Social Sciences | ||||
| Course Code | ECON 102 | ||||
| Course Title in English | Macroeconomics | ||||
| Course Title in Turkish | Makroekonomi | ||||
| Language of Instruction | EN | ||||
| Type of Course | Flipped Classroom | ||||
| Level of Course | Introductory | ||||
| Semester | Spring | ||||
| 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 | None | ||||
| Expected Prior Knowledge | None | ||||
| Co-requisites | None | ||||
| Registration Restrictions | Only Undergraduate Students | ||||
| Overall Educational Objective | To gain the basic understanding of the principles of macroeconomics. | ||||
| Course Description | This course offers an introduction to the macroeconomic theory, which studies the aggregate behavior of households, firms and the government. Topics covered involve gross domestic product, national income, economic growth and productivity, unemployment, inflation, aggregate demand and supply. | ||||
| Course Description in Turkish | Bu ders, hanehalkının, firmaların ve hükümetin davranışlarını inceleyerek makroekonomik teoriye bir giriş sunmaktadır. İşlenen konular arasında gayri safi yurtiçi hasıla, milli gelir, ekonomik büyüme ve verimlilik, işsizlik, enflasyon, toplam talep ve arz yer almaktadır. |
Course Learning Outcomes and CompetencesUpon successful completion of the course, the learner is expected to be able to:1) Understand and interpret the main macroeconomic concepts such as GDP, inflation, and unemployment; 2) Explain how financial and monetary system works; 3) Demonstrate a basic understanding of the macroeconomic theory of the open economy. |
| Program Learning Outcomes/Course Learning Outcomes | 1 | 2 | 3 |
|---|---|---|---|
| 1) Has a broad foundation and intellectual awareness with exposure to mathematics, history, economics, and social sciences | |||
| 2) Demonstrates knowledge and skills in different functional areas of business (accounting, finance, operations, marketing, strategy, and organization) and an understanding of their interactions within various industry sectors | |||
| 3) Applies theoretical knowledge as well as creative, analytical, and critical thinking to manage complex technical or professional activities or projects | |||
| 4) Exhibits an understanding of global, environmental, economic, legal, and regulatory contexts for business sustainability | |||
| 5) Demonstrates individual and professional ethical behavior and social responsibility | |||
| 6) Demonstrates responsiveness to ethnic, cultural, and gender diversity values and issues | |||
| 7) Uses written and spoken English effectively (at least CEFR B2 level) to communicate information, ideas, problems, and solutions | |||
| 8) Demonstrates skills in data and information acquisition, analysis, interpretation, and reporting | |||
| 9) Displays computer proficiency to support problem solving and decision-making | |||
| 10) Demonstrates teamwork, leadership, and entrepreneurial skills | |||
| 11) Displays learning skills necessary for further study with a high degree of autonomy |
Relation to Program Outcomes and Competences
| N None | S Supportive | H Highly Related |
| Program Outcomes and Competences | Level | Assessed by | |
| 1) | Has a broad foundation and intellectual awareness with exposure to mathematics, history, economics, and social sciences | H | |
| 2) | Demonstrates knowledge and skills in different functional areas of business (accounting, finance, operations, marketing, strategy, and organization) and an understanding of their interactions within various industry sectors | S | |
| 3) | Applies theoretical knowledge as well as creative, analytical, and critical thinking to manage complex technical or professional activities or projects | H | |
| 4) | Exhibits an understanding of global, environmental, economic, legal, and regulatory contexts for business sustainability | S | |
| 5) | Demonstrates individual and professional ethical behavior and social responsibility | S | |
| 6) | Demonstrates responsiveness to ethnic, cultural, and gender diversity values and issues | H | |
| 7) | Uses written and spoken English effectively (at least CEFR B2 level) to communicate information, ideas, problems, and solutions | N | |
| 8) | Demonstrates skills in data and information acquisition, analysis, interpretation, and reporting | S | |
| 9) | Displays computer proficiency to support problem solving and decision-making | H | |
| 10) | Demonstrates teamwork, leadership, and entrepreneurial skills | S | |
| 11) | Displays learning skills necessary for further study with a high degree of autonomy | S |
| Prepared by and Date | NAZLI KARAMOLLAOĞLU , November 2023 |
| Course Coordinator | NAZLI KARAMOLLAOĞLU |
| Semester | Spring |
| Name of Instructor | Assoc. Prof. Dr. NAZLI KARAMOLLAOĞLU |
Course Contents
| Week | Subject |
| 1) | Introduction |
| 2) | Measuring a Nation's Income |
| 3) | Measuring the Cost of Living |
| 4) | Production and Growth |
| 5) | Saving, Investment, and the Financial System |
| 6) | Midterm Week |
| 7) | The Basic Tools of Finance |
| 8) | Unemployment and Its Natural Rate |
| 9) | The Monetary System |
| 10) | Money Growth and Inflation |
| 11) | Midterm Week |
| 12) | Open-Economy Macroeconomics: Basic Concepts |
| 13) | A Macroeconomic Theory of the Open Economy |
| 14) | Review |
| 15) | Final Examination Period |
| 16) | Final Examination Period |
| Required/Recommended Readings | Principles of Macroeconomics ISBN: 9781285165912 Edition 7 Author: N. Gregory Mankiw / Harvard University | |||||||||||||||
| Teaching Methods | Flipped classroom | |||||||||||||||
| Homework and Projects | Assignments | |||||||||||||||
| Laboratory Work | None | |||||||||||||||
| Computer Use | Lab | |||||||||||||||
| Other Activities | None | |||||||||||||||
| Assessment Methods |
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| Course Administration |
nazli.karamollaoglu@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 |
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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 | 1.5 | 3 | 1 | 77 | ||
| Homework Assignments | 10 | 1 | 1 | 20 | |||
| Midterm(s) | 2 | 8 | 2 | 20 | |||
| Final Examination | 1 | 16 | 2 | 18 | |||
| Total Workload | 135 | ||||||
| Total Workload/25 | 5.4 | ||||||
| ECTS | 5 | ||||||