PAÜ .:. Eğitim Öğretim Bilgi Sistemi

COURSE INFORMATION

Course Code	Course Title	L+P Hour	Semester	ECTS
ECON 102	INTRODUCTION TO ECONOMICS - II	4 + 0	2nd Semester	4

COURSE DESCRIPTION

Course Level	Bachelor's Degree
Course Type	Compulsory
Course Objective	The course aims to introduce students to the fundamental concepts of macroeconomics to analyze the effects of monetary and fiscal policy on macroeconomic variables such as inflation, interest rate, unemployment , investment, output, trade balance etc. And to provide a way of understanding how the economy as a whole works.
Course Content	The course explains the determinants of gross domestic income, inflation, unemployment, recessions and expansion, interest rate, trade balance, exchange rate, It also explores the alternative views regarding the effectiveness of monetary and fiscal policy on the economy in the short and long run
Prerequisites	No the prerequisite of lesson.
Corequisite	No the corequisite of lesson.
Mode of Delivery	Face to Face

COURSE LEARNING OUTCOMES

1	Analyze to basic principles of macroeconomics.
2	Explain relationships among macroeconomic variables such as gross domestic product, unemployment, inflation, recession and expansion, budget deficit, interest rate, export and import, trade balance
3	Use the concepts of macroeconomics to understand and analyze the effect of a change in a macroeconomic variable on the others.
4	Explain the effects monetary and fiscal policy in the short and long run on the macroeconomic variables
5	Evaluate and foresee the outcome of monetary and fiscal policy on the macroeconomic variables

COURSE'S CONTRIBUTION TO PROGRAM

Data not found.

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION

Activities	Quantity	Duration (Hour)	Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)	14	3	42
Hours for off-the-classroom study (Pre-study, practice)	11	2	22
Mid-terms	1	20	20
Final examination	1	20	20
Total Work Load ECTS Credit of the Course			104 4

COURSE DETAILS

Select Year

	Course Term	No	Instructors
Details	2023-2024 Spring	3	MEHMET İVRENDİ

Course Details

Course Code	Course Title	L+P Hour	Course Code	Language Of Instruction	Course Semester
ECON 102	INTRODUCTION TO ECONOMICS - II	4 + 0	3	English	2023-2024 Spring

Course Coordinator	E-Mail	Phone Number	Course Location	Attendance
Prof. Dr. MEHMET İVRENDİ	mivrendi@pau.edu.tr		Course location is not specified.	%70

Goals		The course aims to introduce students to the fundamental concepts of macroeconomics to analyze the effects of monetary and fiscal policy on macroeconomic variables such as inflation, interest rate, unemployment , investment, output, trade balance etc. And to provide a way of understanding how the economy as a whole works.
Content		The course explains the determinants of gross domestic income, inflation, unemployment, recessions and expansion, interest rate, trade balance, exchange rate, It also explores the alternative views regarding the effectiveness of monetary and fiscal policy on the economy in the short and long run

Topics

Weeks	Topics
1	Introduction to Macroeconomics Ch.20
2	Measuring National Output and National Income Ch. 21
3	Unemployment, Inflation, and LongRun Growth Ch. 22
4	Aggregate Expenditure and Equilibrium Output Ch. 23
5	Aggregate Expenditure and Equilibrium Output Ch. 23
6	midterm
7	The Government and Fiscal Policy Ch. 24
8	The Money Supply, Money Demand and the Equilibrium Interest Rate Ch. 25& Ch. 26
9	Aggregate Demand in the Goods and Money Markets Ch. 27
10	Aggregate Supply and the Equilibrium Price Level Ch. 28
11	The labor Market In The Macroeconomics Ch. 29
12	Policy Timing, Deficit Targeting, and Stock Market effects Ch. 30
13	Long-Run Growth Ch. 32
14	International Trade, Comparative Advantage, and Prıotectionism Ch. 34

Materials

Materials are not specified.

Resources

Resources	Resources Language
Case, Fair & Oster ; Principles of Economics, 13 Edition, 2020, Pearson Education Ltd.	English

Course Assessment

L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes

Prospective Student