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COURSE INFORMATION
Course CodeCourse TitleL+P HourSemesterECTS
IKT 532ANALYSIS OF GENERAL EQUILIBRIUM3 + 02nd Semester6

COURSE DESCRIPTION
Course Level Master's Degree
Course Type Elective
Course Objective The aim of this course, in which development of general equilibrium theory and its applications are analyzed, is to equip the students with skills required for comprehending theoretical work and recent developments in the field, as well as for making applied studies.
Course Content General equilibrium theory and competitive equilibrium, optimal production and consumption distribution, static multiple sector model, input-output and social account matrix methods, neoclassic computable general equilibrium model.
Prerequisites No the prerequisite of lesson.
Corequisite No the corequisite of lesson.
Mode of Delivery Face to Face

COURSE LEARNING OUTCOMES
1Are able to analyze economic and social developments, in line with the notions of economics and related disciplines, interpret social phenomena and raise suggestions for solutions of social and economic problems
2Grasped the main problematic of economics and are capable of analyzing and debating on behaviours of the individual as a consumer, as well as the firm as a producer in short, medium and long term under various market structures
3Are capable of explaining and proposing remedies for potential problems to be faced by national economies, unemployment, inflation, uneven income distribution and current account deficit namely, in connection with economic policy tools such as money supply, interest rate, government expenditures, taxes and foreign exchange rates
4Able to relate and explain the interactions between international economic developments, which become increasingly central in the global age, and problems of local economies, as well as activities of individuals and firms

COURSE'S CONTRIBUTION TO PROGRAM
PO 01PO 02PO 03PO 04PO 05
LO 00155555
LO 00255555
LO 00355555
LO 00455555
Sub Total2020202020
Contribution55555

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
ActivitiesQuantityDuration (Hour)Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)13565
Hours for off-the-classroom study (Pre-study, practice)13226
Mid-terms13452
Final examination11313
Total Work Load

ECTS Credit of the Course






156

6
COURSE DETAILS
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L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes