Description of Individual Course Units
Course Unit CodeCourse Unit TitleType of Course UnitYear of StudySemesterNumber of ECTS Credits
ECO102INTRODUCTION TO ECONOMICS IICompulsory123
Level of Course Unit
First Cycle
Objectives of the Course
The main objective of this course is to give students the basic macroeconomics concepts such as calculation of national income, unemployment, inflation, stagnation, economic growth, determination of interest and wage levels at an introductory level.
Name of Lecturer(s)
Dr. Öğr. Üyesi Utku AKSEKİ
Learning Outcomes
1Learning and understanding the basic concepts of macroeconomics
2Understanding the basic macroeconomic theories
3To be able to make national income accounts with different methods
4Understanding the functioning and interaction of fiscal and monetary policy
5Understand the effects of policy changes through the relationship between the commodity market and the money market
6To comprehend the changes in price and national income level with the help of aggregate demand and aggregate supply curves
7Understanding current economic events
Mode of Delivery
Face to Face
Prerequisites and co-requisities
No
Recommended Optional Programme Components
No
Course Contents
The scope of macroeconomics, national income calculation, consumption and investment, multiplier analysis, inflation, employment and unemployment, economic growth, exchange rates, balance of payments, fiscal policy, money supply and demand, monetary policy, interaction between goods and money markets, aggregate demand , total supply, national income and price level, developments in macroeconomics in recent years.
Weekly Detailed Course Contents
WeekTheoreticalPracticeLaboratory
1Scope of macroeconomics and basic concepts
2Measuring the Performance of the Economy: National Income Calculation
3Growth, Productivity, Employment and Inflation
4Total Expenditure and National Income Balance
5Government and Fiscal Policy
6Money Supply
7Midterm
8Money Demand
9Determination of Equilibrium Interest Level and Monetary Policy
10Aggregate Demand, Aggregate Supply and Inflation
11Aggregate Demand, Aggregate Supply and Inflation
12Labor Market, Unemployment and Inflation
13Developments in Macroeconomics
14Open Economy Macro Economics
15Balance of Payments and Exchange Rates
16Final exam
Recommended or Required Reading
• Karl E. Case and Ray C. Fair (2001) “Principles of Economics, Prentice Hall. • Richard G. Lipsey and Paul N. Courant (1996) “Economics”, Harper Collins. • Prof. Dr. Zeynel Dinler (2000) “İktisada Giriş”, Ekin Kitabevi, Bursa.
Planned Learning Activities and Teaching Methods
Assessment Methods and Criteria
Term (or Year) Learning ActivitiesQuantityWeight
SUM0
End Of Term (or Year) Learning ActivitiesQuantityWeight
SUM0
SUM0
Language of Instruction
Turkish
Work Placement(s)
No
Workload Calculation
ActivitiesNumberTime (hours)Total Work Load (hours)
TOTAL WORKLOAD (hours)0
Contribution of Learning Outcomes to Programme Outcomes
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LO1             4 3   5   3
LO2              5  4      
LO3  5      5              
LO4                   5 4 4
LO5  3                     
LO6   4   3   4       54  4
LO7     4          5 45    
* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High
 
Ege University, Bornova - İzmir / TURKEY • Phone: +90 232 311 10 10 • e-mail: intrec@mail.ege.edu.tr