Week |
Subject |
Related Preparation |
1) |
• Examines the course content.
• Examines the concept of macroeconomics.
• Examines the course.
• Discusses the basic macroeconomics concept.
• Discuss the emergence of modern macroeconomics. |
NONE |
2) |
Defines the concept of national income.
• Examines the basic concepts of national income.
• Shows the cyclical flow of economic activity on the chart.
• Measures gross domestic product.
• Discuss the difficulties in measuring national income.
• Define the concept of gross domestic product.
• Define the concept of gross national product.
• Evaluates the production approach in the measurement of GDP.
• Evaluates the income approach in the measurement of GDP.
• Evaluates the expenditure approach in the measurement of GDP.
• Identify important concepts related to national geir. |
Ertek (2011), 13.ve 14., ss.257-288. |
3) |
• Discuss basic macroeconomic problems.
• Evaluates the problem of economic growth.
• Evaluates the inflation problem.
• Evaluates the unemployment problem.
• Evaluates the problem of internal and external debt.
• Evaluates the basic macroeconomic policy tools.
• Define economic growth.
• Formulate the measurement of economic growth.
• Recognize economic fluctuations.
• Define inflation.
• Calculates the measurement of inflation.
• Defines the consumer price index, producer price index and gross domestic revenue deflator.
• Discusses the importance of inflation in the economy.
• Lists the types of unemployment problems.
• Identifies the levels of employment and wages in the economy.
• Define budget deficits and domestic debts.
• Define balance of payments and external debts.
• Explains the fiscal policy.
• Explains the monetary policy.
• Explain foreign trade and exchange rate policies. |
Ertek (2011), 15. ss.289-344. |
4) |
• Evaluates the determination of income and price level.
• Total demand - shows the total supply (AD-AS) model.
• Defines the total demand.
• Define total supply.
• Determines the macro economic equilibrium.
• Indicates what the total demand is made up of.
• Shows the total demand curve.
• List the factors leading to change in total demand.
• Separates the total supply curves for short and long periods.
• Evaluate the changes in long-term total supply.
• Evaluates the changes in the short-term total supply.
• Evaluates the determination of income and price level in the economy.
• Demonstrates a balance of full employment in the economy.
• Defines the concept of stagnation.
• Demonstrates how the economy will balance in stagnation. |
Ertek (2011), 16. , ss.345-358. |
5) |
• Evaluates the determination of the income level of the total expenditures.
• Total revenue- shows the total expenditure (AI - AE) model.
• Explains the assumption that prices are rigid.
• Evaluates the total expenditures planned in the economy.
• Evaluates the macroeconomic equilibrium and the total expenditure's income level.
• Discuss the changes in macroeconomic balance.
• Discuss global and regional economic crises.
• Evaluates consumption expenditures.
• List the factors that determine household consumption and savings.
• Indicates the consumption and saving function.
• Evaluates investment expenditures.
• Evaluates state (public) expenditures.
• Evaluates the concept of net export.
• Defines the concepts of multiplier and accelerator |
Ertek (2011), 17.ı, ss.359-388. |
6) |
• Define the public budget.
• Discuss the expansionary and expansionary fiscal policies.
• Defines the concept of money.
• List the functions of money.
• Distinguishes different definitions of money supply.
• Evaluates the banking system.
• Analyze the creation of money in the banking system.
• Evaluates fiscal policy under the assumption of fiscal policy and autonomous taxes.
• Evaluates how the government expenditure multiplier affects the new balance income level.
• Evaluates how the tax multiplier affects the new balance income level.
• Defines the concept of equivalent budget multiplier.
• Lists the functions of the central bank.
• Evaluates the basic functions of commercial banks.
• Evaluates the basic functions of development and investment banks.
• Defines the concept of response rate. |
Ertek (2011), 18. ve 19. , ss.389-412. |
7) |
Recognizes monetary theory.
• Explains the equation of exchange.
• Explain the classical view (quantity theory).
• Explain the Keynesian view.
• Explains the contemporary view.
• Explain the determination of interest rate.
• Explain the monetary theory of Monetarists.
• Explains the classical view in determining the interest rate.
• Explain the theory of lending funds.
• Explains the determination of interest rate according to Keynote. |
Ertek (2011), 20. , ss.413-429. |
8) |
• Students are assessed by midterm exam.
• Shows the cyclical flow of economic activity on the chart.
• Evaluates the unemployment problem.
• Evaluates the basic macroeconomic policy tools.
• Total demand - shows the total supply (AD-AS) model.
• Determines the macro economic balance.
• Evaluates the total expenditures planned in the economy.
• Discusses the expansionary and expansionary fiscal policies
• Midterm exam
• Evaluates the production approach in the measurement of GDP.
• Lists the types of unemployment problems.
• Evaluates the determination of income and price level in the economy.
• Demonstrates how the economy will balance in stagnation.
• Defines the concepts of multiplier and accelerator.
• Defines the concept of equivalent budget multiplier. |
Ertek (2011), 21. ss.429-456. |
9) |
• Recognize monetary policy.
• List the instruments of monetary policy.
• Discuss the impact of monetary policy on the economy.
• Explain the ratio (reserve ratio) of the monetary policy instruments.
• Explain the rediscount rate from monetary policy instruments.
• Explains open market operations from monetary policy instruments.
• Explains the disponibility of monetary policy instruments.
• Explain the rate of import guarantee from monetary policy instruments.
• Discuss the impact of monetary policy on the economy within the framework of keynesian views.
• Discusses the impact of monetary policy on the economy within the framework of the monetary perspective. |
NONE |
10) |
•Defines the concept of inflation.
• Lists the types of inflation according to their causes.
• classifies the effects of inflation on the economy.
• Examines the relationship between inflation and unemployment.
• Evaluates the short-term Phillips curve.
• Evaluates the long-term Phillips curve.
• Discusses the policies to combat inflation.
• Describes demand inflation.
• Define cost inflation.
• Evaluates inflation expectations.
• Examines the effect of inflation on income distribution.
• Examines the impact of inflation on growth.
• Examines the impact of inflation on foreign trade.
• Examines the impact of inflation on resource allocation.
• Examines the social effects of inflation. |
Ertek (2011), 21. ss.435-456. |
11) |
Recognize the concept of international trade.
• Discuss why countries trade.
• List international trade theories.
• Lists foreign trade restrictive practices.
• discuss the views in favor of and in the light of foreign trade regulations.
• Explain the theory of absolute superiority.
• Explains the comparative advantage theory.
• Heckscher - explains Ohlin (factor hardware) theory.
• Explain more competition than some other theories of international trade.
• Explain the use of more economies of scale than some other theories of international trade.
• Explain more types of goods and services than some other theories of international trade.
• Examines customs tariffs from foreign trade restrictive practices.
• Examines import quotas from foreign trade restrictive practices.
• Examines import prohibitions on foreign trade restrictive practices.
• Examines other restrictive practices of foreign trade restrictive practices. |
Ertek (2011), 22. ss.457473. |
12) |
• Explains efforts to liberalize foreign trade.
• Examines efforts to liberalize foreign trade at international and regional level.
• Examines the mel General Agreement on Tariffs and Trade imes (GATT) from the international developments of the liberalization efforts of foreign trade.
• Examines the ın World Trade Organization düzey from the international developments of the liberalization efforts of foreign trade.
• Examines the düzey Preferential Trade Agreement mel from the developments of the liberalization of foreign trade at the regional level.
• Examines the alar Free Trade Zone bölgesel from the developments of the liberalization of foreign trade at the regional level.
• Investigates the imes Customs Union ın from the regional developments in the efforts to liberalize foreign trade.
• Examines the i Middle Market ın from the regional development of the efforts to liberalize foreign trade.
• Examines the i Economic Union ın from the developments of the liberalization of foreign trade at the regional level.
• Examine the Preferential Trade Agreement from the developments of the liberalization of foreign trade at regional level.
• Examines other developments at the regional level of foreign trade liberalization efforts |
Ertek (2011), 22. s.473-4876. |
13) |
Recognizes international finance.
• Examines external balance of payments (balance of payments).
• Categorize the items of foreign balance sheet.
• Recognize the concept of foreign exchange.
• Evaluates the relationship between real exchange rate and foreign trade.
• Define the concept of currency.
• Define the concept of foreign exchange market.
• Evaluates the determination of the exchange rate.
• Classify changes in exchange rate.
• Analyze changes in foreign exchange demand.
• Analyze changes in foreign exchange supply.
• Analyze the changes in equilibrium exchange rate.
• Defines the real exchange rate concept.
• Examines import and export functions.
• Discusses the long-term effect of real exchange rate on foreign trade. |
Ertek (2011), 23. ss.487-538. |
14) |
Defines the concept of economic growth.
• Defines the concept of economic development.
• List the factors that determine economic growth.
• Analyzes the Harrod - Domar growth model.
• Discuss the common features of developing countries that have not completed economic development.
• Analyze the criteria used to determine the level of human development.
• Discuss the difference between economic growth and economic development.
• Evaluates the increase in the labor factor from the factors that determine economic growth.
• Evaluates physical capital increases from factors that determine economic growth.
• Evaluates the development of natural resources from the factors that determine economic growth.
• Evaluates entrepreneurship among factors that determine economic growth.
• Evaluates the developments in technology from the factors that determine economic growth. |
Ertek (2011), 24. ss.539-557. |
15) |
Students are evaluated with the final exam. |
Study for final exam |