| Code | Description |
|---|---|
| LO1 | Explain the fundamental concepts and indicators used to measure macroeconomic performance, including GDP, unemployment, and inflation. |
| LO2 | Analyze the role of saving, investment, and financial markets in the determination of national income and economic growth. |
| LO3 | Apply aggregate demand and aggregate supply models to interpret short-run and long-run macroeconomic fluctuations. |
| LO4 | Evaluate the effectiveness and limitations of fiscal and monetary policies in achieving macroeconomic stability. |
| LO5 | Examine the interaction between domestic economic activity and the global economy, including trade balances, exchange rates, and international capital flows. |
| Week | Content |
|---|---|
| 1 | Introduction to Macroeconomics and Basic Concepts: Overview of the scope of macroeconomics and the fundamental concepts used in the analysis of aggregate economic activity. |
| 2 | Supply, Demand, and Market Equilibrium: Review of basic market mechanisms as a foundation for understanding aggregate economic interactions. |
| 3 | Macroeconomic Measurement: Examination of GDP, national income accounting, and the main indicators used to assess macroeconomic performance. |
| 4 | Unemployment and Inflation: Analysis of the causes, measurement, and macroeconomic implications of unemployment and inflation. |
| 5 | Saving, Investment, and the Financial System I: Introduction to the relationship between saving, investment, and the role of financial institutions in the economy. |
| 6 | Saving, Investment, and the Financial System II: Further analysis of financial markets, interest rates, and the interaction between saving and investment decisions. |
| 7 | Income and Expenditure: Study of how aggregate expenditure determines national income in the short run. |
| 8 | Midterm Exam |
| 9 | Aggregate Demand and Aggregate Supply: Introduction to the AD-AS framework and its use in analyzing short-run and long-run macroeconomic fluctuations |
| 10 | Fiscal Policy: Examination of government spending and taxation as tools for macroeconomic stabilization. |
| 11 | Money, Banking, and the Central Bank: Analysis of the functions of money, the banking system, and the role of central banks in the economy. |
| 12 | Monetary Policy: Discussion of monetary policy instruments and their effects on inflation, output, and interest rates. |
| 13 | Open-Economy Macroeconomics I: Introduction to international trade, exchange rates, and the macroeconomic effects of economic openness. |
| 14 | Open-Economy Macroeconomics II: Further analysis of external balance, capital flows, and policy issues in an open economy. |
| 15 | Review of Macroeconomic Theory and Policy Issues: Comprehensive review of the course topics and their connection to real-world macroeconomic policy debates. |
| Activity | Count | Duration (Hours) | Total |
|---|---|---|---|
| Attendance | 14 | 3.00 | 42.00 |
| Pre-Class Individual Study | 14 | 6.00 | 84.00 |
| Midterm Exam/Preparation | 1 | 20.00 | 20.00 |
| Final Exam/Preparation | 1 | 30.00 | 30.00 |
| Quiz Preparation | 2 | 7.00 | 14.00 |
| Homework | 1 | 20.00 | 20.00 |
| Total Workload (Hours) | 210 | ||
| ECTS Credit (Workload / 25) | 7 | ||
| # | Assessment Type | Contribution (%) |
|---|---|---|
| 1 | Midterm Exam | %30 |
| 2 | Quiz | %5 |
| 3 | Quiz | %5 |
| 4 | Homework | %10 |
| 5 | Final Exam | %50 |
| TOTAL | %100 | |
| PO \ LO |
LO1
|
LO2
|
LO3
|
LO4
|
LO5
|
|---|---|---|---|---|---|
| PO-1 | |||||
| PO-2 | |||||
| PO-3 | |||||
| PO-4 | |||||
| PO-5 | |||||
| PO-6 | |||||
| PO-7 | |||||
| PO-8 | |||||
| PO-9 | |||||
| PO-10 | |||||
| PO-11 | |||||
| PO-12 |
| # | Method Name | Description | Tools |
|---|---|---|---|
| 1 | Lecture (expository teaching), interactive discussion | Listening and taking notes. | Standard classroom technologies, multimedia tools (projector, computer, digital presentations) |
| 2 | Small Group Discussion | Listening and comprehension, processing observations/situations, critical thinking, question development | Standard classroom technologies, multimedia tools, projector, computer, overhead projector |
| 3 | Controversial Course | Listening and comprehension, critical thinking | Standard classroom technologies, multimedia tools, projector, computer, overhead projector |
| 4 | Homework | Solving and analyzing homework questions using a computer and Excel. | Computer |