PhD in Business Administration (English)
PhD	TR-NQF-HE: Level 8	QF-EHEA: Third Cycle	EQF-LLL: Level 8

General course introduction information

Course Code:

ECO630

Course Name:

Advanced Economic Theory

Course Semester:

Spring

Course Credits:

Theoretical	Practical	Credit	ECTS
3	0	3	10

Language of instruction:

Course Requisites:

Does the Course Require Work Experience?:

Type of course:

Compulsory

Course Level:

PhD

TR-NQF-HE:8. Master`s Degree

QF-EHEA:Third Cycle

EQF-LLL:8. Master`s Degree

Mode of Delivery:

Face to face

Course Coordinator :

Prof. Dr. FATMA ÇİĞDEM ÇELİK

Course Lecturer(s):

Prof. Dr. AYLİN SOYDAN

Course Assistants:

Course Objective and Content

Course Objectives:

Advanced Macroeconomics is about theory of determining national income, employment, inflation, and interest rates.The concepts related with the issues of economic fluctuations, economic growth, and monetary and fiscal policy are in the context of this course.The world is changing at a high pace and the analysis of reality should cover all attributes of the reality and distinguishing the reality as related to microeconomics and macroeconomics is not always sufficient to explain the occurences.So this course aims at analyzing issues by using the tools of both macroeconomics and microeconomics.

Course Content:

Learning Outcomes

The students who have succeeded in this course;

Learning Outcomes

1 - Knowledge
Theoretical - Conceptual
1) • To recognize the effects of both macroeconomic and microeconomic conditions on business and their relationship
2 - Skills
Cognitive - Practical
3 - Competences
Communication and Social Competence
Learning Competence
Field Specific Competence
1) • To define economic environment of the world
2) Identify complementary financial and natural systems on the evolving international relations
3) Think through economic decisions faced in the international economics
Competence to Work Independently and Take Responsibility
1) • To explain the changing concept of world

Lesson Plan

Week	Subject	Related Preparation
1)	Course and syllabus /Introduction to Microeconomics/Macroeconomics	NONE
2)	Overview of Microeconomic tools	NONE
3)	Basics of the Neoclassical Theory	NONE
4)	Labour and goods markets	NONE
5)	Capital and goods markets	NONE
6)	Modern AS-AD	NONE
7)	Growth,human capital and business cycle	NONE
8)	Risk,banking and assets	NONE
9)	Fiscal and monetary theory	NONE
10)	Discussions and presentations of the essays read	NONE
11)	Discussions and presentations of the essays read	NONE
12)	Discussions and presentations of the essays read	NONE
13)	Discussions and presentations of the essays read	NONE
14)	Discussions and presentations of the essays read	NONE
15)	FINAL EXAM	NONE

Sources

Course Notes / Textbooks:	Leading Journals Relevant for this Course: - American Economic Review; - Econometrica; - Journal of Econometrics; - Journal of Political Economy; - Quarterly Journal of Economics; - Annual Review of Economics; - Research Policy; -Review of Economic Studies; - Journal of Economic Literature; - Journal of Economic Perspectives.
References:	Gillman M,Advanced Modern Macroeconomics,Financial Times Press,Pearson,2011, Acemoğlu Daron &Laibson David,Economics,Global Ed.Pearson,2018. Mankiw, G., (2018). Principles of Economics, 8th Edition, Boston: CengageLearning.

Course-Program Learning Outcome Relationship

Learning Outcomes	1	2	4	5	3
Program Outcomes
1) To gain basic knowledge about the basic functions in the field of business administration and to apply them in real life.
2) To use scientific research methods and technology in decision processes of business.
3) Evaluating the effects of political, legal, geographical, economic and technological factors on the competitive structure of the business area with team work and finding the necessary solutions.
4) To be aware of current issues in the field of business and to gain sensitivity to problems.
5) Transmission of written documents such as reports, printouts, internal correspondence orally in an effective manner.
6) Defining and analyzing the problem by forming a team within the framework of professional expertise and conceptual knowledge and using leadership qualities.
7) To be able to relate to other areas of business, to be aware of global and social ethical norms.

Course - Learning Outcome Relationship

No Effect	1 Lowest	2 Low	3 Average	4 High	5 Highest

	Program Outcomes	Level of Contribution
1)	To gain basic knowledge about the basic functions in the field of business administration and to apply them in real life.
2)	To use scientific research methods and technology in decision processes of business.
3)	Evaluating the effects of political, legal, geographical, economic and technological factors on the competitive structure of the business area with team work and finding the necessary solutions.
4)	To be aware of current issues in the field of business and to gain sensitivity to problems.
5)	Transmission of written documents such as reports, printouts, internal correspondence orally in an effective manner.
6)	Defining and analyzing the problem by forming a team within the framework of professional expertise and conceptual knowledge and using leadership qualities.
7)	To be able to relate to other areas of business, to be aware of global and social ethical norms.

Learning Activity and Teaching Methods

Lesson
Problem Solving
Case Study

Assessment & Grading Methods and Criteria

Written Exam (Open-ended questions, multiple choice, true-false, matching, fill in the blanks, sequencing)
Homework

Assessment & Grading

Semester Requirements	Number of Activities	Level of Contribution
Attendance	1	% 20
Presentation	2	% 40
Final	1	% 40
total		% 100
PERCENTAGE OF SEMESTER WORK		% 60
PERCENTAGE OF FINAL WORK		% 40
total		% 100

Workload and ECTS Credit Grading

Activities	Number of Activities	Workload
Course Hours	15	45
Study Hours Out of Class	15	60
Presentations / Seminar	15	45
Project	15	30
Homework Assignments	15	45
Final	15	60
Total Workload		285