Vocatıonal School
Logıstıcs
Course Information
| INTRODUCTION TO ECONOMICS II | |||||
|---|---|---|---|---|---|
| Code | Semester | Theoretical | Practice | National Credit | ECTS Credit |
| Hour / Week | |||||
| LOJ122 | Spring | 2 | 0 | 2 | 3 |
| Prerequisites and co-requisites | |
|---|---|
| Language of instruction | Turkish |
| Type | Required |
| Level of Course | Associate |
| Lecturer | DİLER YAMAN KAHYAOĞLU |
| Mode of Delivery | Face to Face |
| Suggested Subject | |
| Professional practise ( internship ) | None |
| Objectives of the Course | This course aims to introduce the basic principles of macroeconomics and analytical framework to the main aim students and to provide the necessary infrastructure by giving them analytical thinking ability to understand current macroeconomic problems. |
| Contents of the Course | National income, functions of money, monetary policies, quantity theory, inflation types and effects, unemployment and employment, stabilization policies, devaluation, balance of payments, foreign trade, development, growth. |
Learning Outcomes of Course
| # | Learning Outcomes |
|---|---|
| 1 | It defines GDP and uses it to explain the cyclical flow model of the economy, which is why GDP is equal to total expenditure and total income. |
| 2 | Describe how to grow economically and how you are measured. |
| 3 | They can define and explain the economic effects of unemployment and inflation as well as their problems. |
| 4 | Describe the long term and short term effects of money on GDP. |
| 5 | Defines the tools used to reach macroeconomic targets. |
| 6 | Analyzes the relationship between different economic variables. |
| 7 | Describe economic issues with graphics, tables and texts. |
Course Syllabus
| # | Subjects | Teaching Methods and Technics |
|---|---|---|
| 1 | Introduction to macroeconomics | Verbal lecture |
| 2 | Employment and unemployment, price level and inflation | Verbal lecture |
| 3 | GDP measurement and economic growth | Verbal lecture |
| 4 | Economic growth | Verbal lecture |
| 5 | Savings and investment | Verbal lecture |
| 6 | Central Bank and financial system | Verbal lecture |
| 7 | Money, price level and inflation | Verbal lecture |
| 8 | Midterm | |
| 9 | Total supply and aggregate demand | Verbal lecture |
| 10 | Total expenditure and multiplier mechanism | Verbal lecture |
| 11 | Inflation, unemployment and business cycles | Verbal lecture |
| 12 | Inflation, unemployment and business cycles (continued) | Verbal lecture |
| 13 | Fiscal policy | Verbal lecture |
| 14 | Monetary policy | Verbal lecture |
| 15 | Outward open economy and foreign trade | Verbal lecture |
| 16 | Final Exam |
Course Syllabus
| # | Material / Resources | Information About Resources | Reference / Recommended Resources |
|---|---|---|---|
| 1 | N. Gregory Mankiw 2011; Principles of Macroeconomics (6th edition), Thomson – Souther-Western. |
Method of Assessment
| # | Weight | Work Type | Work Title |
|---|---|---|---|
| 1 | 40% | Mid-Term Exam | Mid-Term Exam |
| 2 | 60% | Final Exam | Final Exam |
Relationship between Learning Outcomes of Course and Program Outcomes
| # | Learning Outcomes | Program Outcomes | Method of Assessment |
|---|---|---|---|
| 1 | It defines GDP and uses it to explain the cyclical flow model of the economy, which is why GDP is equal to total expenditure and total income. | 11 | 1͵2 |
| 2 | Describe how to grow economically and how you are measured. | 4͵6͵7 | 1͵2 |
| 3 | They can define and explain the economic effects of unemployment and inflation as well as their problems. | 3͵6͵12 | 1͵2 |
| 4 | Describe the long term and short term effects of money on GDP. | 2͵4 | 1͵2 |
| 5 | Defines the tools used to reach macroeconomic targets. | 5͵8͵12 | 1͵2 |
| 6 | Analyzes the relationship between different economic variables. | 12͵14 | 1͵2 |
| 7 | Describe economic issues with graphics, tables and texts. | 13 | 1͵2 |
Work Load Details
| # | Type of Work | Quantity | Time (Hour) | Work Load |
|---|---|---|---|---|
| 1 | Course Duration | 14 | 2 | 28 |
| 2 | Course Duration Except Class (Preliminary Study, Enhancement) | 14 | 4 | 56 |
| 3 | Presentation and Seminar Preparation | 0 | 0 | 0 |
| 4 | Web Research, Library and Archival Work | 0 | 0 | 0 |
| 5 | Document/Information Listing | 0 | 0 | 0 |
| 6 | Workshop | 0 | 0 | 0 |
| 7 | Preparation for Midterm Exam | 1 | 2 | 2 |
| 8 | Midterm Exam | 1 | 1 | 1 |
| 9 | Quiz | 0 | 0 | 0 |
| 10 | Homework | 0 | 0 | 0 |
| 11 | Midterm Project | 0 | 0 | 0 |
| 12 | Midterm Exercise | 0 | 0 | 0 |
| 13 | Final Project | 1 | 1 | 1 |
| 14 | Final Exercise | 0 | 0 | 0 |
| 15 | Preparation for Final Exam | 1 | 1 | 1 |
| 16 | Final Exam | 1 | 1 | 1 |
| 90 | ||||