ECON 102 MacroeconomicsMEF UniversityDegree Programs Political Science and International RelationsGeneral Information For StudentsDiploma SupplementErasmus Policy Statement
Political Science and International Relations
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
Lecture: 3 Recitation: 0 Lab: 0 Other: 0
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 Competences

Upon 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) Adequate knowledge of political history necessary to comprehend and effectively evaluate contemporary Political Science and International Relations issues.
2) Understanding of the fundamental concepts that exist in the fields of social and behavioral sciences as well as the correlation between these concepts
3) Ability to analyze the fundamental theories in the field Political Science and International Relations and to assess their reflections into practice
4) Ability to critically discuss different aspects of theories and developments in Political Science and International Relations both individually and in the course of group work during classroom discussions.
5) Ability to conduct research independently, or with a team, about the developments taking place in the international arena, make foreign policy analyses, develop research-based conflict resolution models, and prepare comprehensive reports using computers and relevant software
6) Ability to take decisions as well as to implement these decisions by using the knowledge about the field and the skills that have been acquired during the undergraduate studies
7) Ability to recognize the relations between scientific thought and ethical behavior; pay attention to being tolerant and properly defend different ideas, ideologies and belief systems
8) Ability to work in international institutions and multicultural environments, with the help of the knowledge on different cultures, societies, political systems as well as linguistic skills acquired during the undergraduate studies
9) Ability to display language skills in English at minimum B2 level enough for debating with colleagues on issues of Political Science and International Relations, and also display language skills in a second foreign language at minimum A2 level enough for communicating in daily life
10) Ability to pursue lifelong learning as well as perform advanced/graduate studies in the field Political Science and International Relations and other social sciences disciplines in academic institutions at home and abroad

Relation to Program Outcomes and Competences

N None S Supportive H Highly Related
     
Program Outcomes and Competences Level Assessed by
1) Adequate knowledge of political history necessary to comprehend and effectively evaluate contemporary Political Science and International Relations issues. H Exam
2) Understanding of the fundamental concepts that exist in the fields of social and behavioral sciences as well as the correlation between these concepts H Exam
3) Ability to analyze the fundamental theories in the field Political Science and International Relations and to assess their reflections into practice H Exam
4) Ability to critically discuss different aspects of theories and developments in Political Science and International Relations both individually and in the course of group work during classroom discussions. H HW
5) Ability to conduct research independently, or with a team, about the developments taking place in the international arena, make foreign policy analyses, develop research-based conflict resolution models, and prepare comprehensive reports using computers and relevant software H HW
6) Ability to take decisions as well as to implement these decisions by using the knowledge about the field and the skills that have been acquired during the undergraduate studies N
7) Ability to recognize the relations between scientific thought and ethical behavior; pay attention to being tolerant and properly defend different ideas, ideologies and belief systems N HW
8) Ability to work in international institutions and multicultural environments, with the help of the knowledge on different cultures, societies, political systems as well as linguistic skills acquired during the undergraduate studies N
9) Ability to display language skills in English at minimum B2 level enough for debating with colleagues on issues of Political Science and International Relations, and also display language skills in a second foreign language at minimum A2 level enough for communicating in daily life S HW
10) Ability to pursue lifelong learning as well as perform advanced/graduate studies in the field Political Science and International Relations and other social sciences disciplines in academic institutions at home and abroad 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 ReadingsPrinciples of Macroeconomics ISBN: 9781285165912 Edition 7 Author: N. Gregory Mankiw / Harvard University
Teaching MethodsFlipped classroom
Homework and ProjectsAssignments
Laboratory WorkNone
Computer UseLab
Other ActivitiesNone
Assessment Methods
Assessment Tools Count Weight
Homework Assignments 2 % 30
Midterm(s) 2 % 40
Final Examination 1 % 30
TOTAL % 100
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

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