ANTALYA BİLİM UNIVERSITY
Course Information Package

POLS 156 - Principles of Macroeconomics

Basic Information

Course Code:
POLS 156
Course Name:
Principles of Macroeconomics
Language of Instruction:
English
Course Type:
Class
Course Level:
Bachelor
ECTS:
6.00
Instructor:
Dr. Öğr. Üyesi Melike ÇETİN

Course Objectives

This course aims to equip students with fundamental macroeconomic concepts and tools. By covering national income, cost of living, economic growth, saving and investment, the financial system, unemployment, the monetary system, inflation, open economy, aggregate demand and supply analysis, and the effects of monetary and fiscal policies on the economy, the course develops students' competence in analysing and interpreting macroeconomic phenomena.

Course Content

The course begins with measuring national income and the cost of living, then covers production, economic growth, saving, investment, and the financial system. After examining unemployment and the monetary system, money growth and inflation are discussed. Open-economy macroeconomics is explored through basic concepts and theories. Within the framework of aggregate demand and supply analysis, the effects of monetary and fiscal policies on aggregate demand are examined. The course concludes with the short-run trade-off between inflation and unemployment and debates over macroeconomic policy.

Prerequisites / Corequisites

None

Course Books / Materials / Recommended Resources

* N. Gregory Mankiw, (2021) Brief Principles of Macroeconomics, Cengage Learning. * N. Gregory Mankiw, (2017) Principles of Macroeconomics, Cengage Learning.* William J. Baumol and Alan S. Blinder, (2020) Macroeconomics: Principles and Policy, Brooks/Cole Cengage Learning.* Lee Coppock and Dirk Mateer Principles of Macroeconomics, (2023), W. W. Norton & Company * David Shapiro, Daniel MacDonald, Steven A. Greenlaw et al., (2022), Principles of Macroeconomics, OpenStax (Rice University).

Learning Outcomes

Code Description
LO1 Students will be able to define the concepts of national income, cost of living and economic growth, and explain the methods used to measure these indicators.
LO2 Students will be able to analyse the effects of monetary and fiscal policies on aggregate demand and economic equilibrium.
LO3 Students will be able to analyse the relationships between inflation, unemployment and economic growth, and evaluate short-run trade-offs.
LO4 Students will be able to explain open economy concepts and evaluate the macroeconomic effects of international trade.
LO5 Students will be able to apply aggregate demand-aggregate supply graphical analysis using macroeconomic data and interpret economic indicators.

Weekly Course Content

Week Content
1 Measuring a Nation’s Income
2 Measuring the Cost of Living
3 Production and Growth
4 Saving, Investment, and the Financial System
5 The Basic Tools of Finance
6 Unemployment
7 The Monetary System
8 Midterm Exam
9 Money Growth and Inflation
10 Open-Economy Macroeconomics: Basic Concepts
11 A Macroeconomic Theory of the Open Economy
12 Aggregate Demand and Aggregate Supply
13 The Influence of Monetary and Fiscal Policy on Aggregate Demand
14 The Short-Run Trade-Off between Inflation and Unemployment
15 Six Debates over Macroeconomic Policy

Workload Calculation

Activity Count Duration (Hours) Total
Attendance 15 3.00 45.00
Pre-Class Individual Study 15 2.00 30.00
Midterm Exam/Preparation 1 15.00 15.00
Final Exam/Preparation 1 30.00 30.00
Homework 15 2.00 30.00
Total Workload (Hours) 150
ECTS Credit (Workload / 25) 5

Assessment

# Assessment Type Contribution (%)
1 Midterm Exam %40
2 Final Exam %60
TOTAL %100

PO - LO Matrix

PO \ LO
LO1
LO2
LO3
LO4
LO5
PO-1
PO-2
PO-3
PO-4
PO-5
PO-6
PO-7
1
Low Contribution
2
Medium Contribution
3
High Contribution

Teaching and Learning Methods

# Method Name Description Tools
1 Lecture (expository teaching), interactive discussion Listening and taking notes. Standard classroom technologies, multimedia tools (projector, computer, digital presentations)
2 Controversial Course Listening and comprehension, critical thinking Standard classroom technologies, multimedia tools, projector, computer, overhead projector
3 Homework Solving and analyzing homework questions using a computer and Excel. Computer

Academic Integrity and Artificial Intelligence

Violations of scholastic honesty include, but are not limited to cheating, plagiarizing, fabricating information or citations, facilitating acts of dishonesty by others, having unauthorized possession of examinations, submitting work of another person or work previously used without informing the instructor, or tampering with the academic work of other students. Any form of scholastic dishonesty is a serious academic violation and will result in disciplinary action. Regarding the use of generative artificial intelligence (GenAI) tools in this course, the provisions of the 'Ethical Guide on the Use of Generative Artificial Intelligence in Scientific Research and Publication Activities of Higher Education Institutions (2024)' published by the Council of Higher Education (YÖK) shall apply.

Sustainable Development Goals

SDG 1
SDG 8
SDG 10
SDG 17