Business Administration (English) Preview
Bachelor	TR-NQF-HE: Level 6	QF-EHEA: First Cycle	EQF-LLL: Level 6

Course Introduction and Application Information

Course Code:

ECO212

Course Name:

Macroeconomics

Semester:

Spring

Course Credits:

ECTS

Language of instruction:

English

Course Condition:

Does the Course Require Work Experience?:

Type of course:

Compulsory Courses

Course Level:

Bachelor

TR-NQF-HE:6. Master`s Degree

QF-EHEA:First Cycle

EQF-LLL:6. Master`s Degree

Mode of Delivery:

Face to face

Course Coordinator:

Doç. Dr. AYFER USTABAŞ

Course Lecturer(s):

Doç. Dr. AYFER USTABAŞ

Course Assistants:

Course Objective and Content

Course Objectives:	The first aim of this course is to help students learn the fundamentals of macroeconomics. Second aim is to provide students with an understanding of how macroeconomic issues form around us and lead to national and global effects.
Course Content:	This course, as an introduction to macroeconomics, covers fundamentals of macroeconomics like inflation, investment, employment, short and long term economic policy, and comparative economic growth. Current macroeconomic issues will be discussed on the basis of theory.

Learning Outcomes

The students who have succeeded in this course;
1) Understand economic relations at macro level.
2) Explain the relations between macroeconomic variables.
3) Think critically about macroeconomic issues.

Course Flow Plan

Week	Subject	Related Preparation
1)	Introduction to Macroeconomics
2)	Measuring Economic Activities
3)	Price Level and Inflation
4)	Saving, Investment and Wealth
5)	Wages and Labor Market
6)	Short Term Economic Fluctuations
7)	MIDTERM
8)	Expenditures and Output in the Short Run
9)	Fiscal Policy
10)	Money
11)	Aggregate Demand, Aggregate Supply and Inflation
12)	Macroeconomic Policy
13)	Economy in the Long Run
14)	Production Function

Sources

Course Notes / Textbooks:	Principles of Macroeconomics, B. Bernanke, N. Olekalns, F.Kate, O. Heffets, McGraw Hill, 5th Edition
References:	Lecture Notes

Course - Program Learning Outcome Relationship

Course Learning Outcomes	1	2	3
Program Outcomes
1) Using other social sciences and mathematics, they have a broad and interdisciplinary perspective on business and management sciences.
1) Using other social sciences and mathematics, they have a broad and interdisciplinary perspective on business and management sciences.
2) They have knowledge and skills about different functions and interactions of the enterprise.
3) They can use different theoretical approaches to understanding and solving various business problems.
4) Being aware of the needs of society, they use business knowledge to meet these needs.
5) They have knowledge depthly about current problems of Turkey and Global Business World’s
6) They can determine the objectives of the institution in which they are involved, taking into account the market needs and economic conditions.
7) They can solve complex business problems by using various statistical techniques and numerical methods and makes analysis by using statistical programs effectively.
8) They can use a foreign language at least B1 General Level in terms of European Language Portfolio criteria according to the education level of a foreign language.
9) They can develops teamwork, negotiation, leadership and entrepreneurship skills.
10) They have the knowledge of universal ethical values, social responsibility awareness and sufficient level of labor law.
11) They can identify the individual learning needs and carries out studies to correct them by developing positive attitudes about lifelong learning.
12) They can express their ideas and solutions both written and orally, and if required they can present and publish them on both national and international platforms.
13) They use information and communication technologies together with computer software at the advanced level of European Computer Driving License required by the field.

Course - Learning Outcome Relationship

No Effect	1 Lowest	2 Average	3 Highest

	Program Outcomes	Level of Contribution
1)	Using other social sciences and mathematics, they have a broad and interdisciplinary perspective on business and management sciences.
1)	Using other social sciences and mathematics, they have a broad and interdisciplinary perspective on business and management sciences.	3
2)	They have knowledge and skills about different functions and interactions of the enterprise.	3
3)	They can use different theoretical approaches to understanding and solving various business problems.	3
4)	Being aware of the needs of society, they use business knowledge to meet these needs.	3
5)	They have knowledge depthly about current problems of Turkey and Global Business World’s	3
6)	They can determine the objectives of the institution in which they are involved, taking into account the market needs and economic conditions.	3
7)	They can solve complex business problems by using various statistical techniques and numerical methods and makes analysis by using statistical programs effectively.	3
8)	They can use a foreign language at least B1 General Level in terms of European Language Portfolio criteria according to the education level of a foreign language.	3
9)	They can develops teamwork, negotiation, leadership and entrepreneurship skills.	3
10)	They have the knowledge of universal ethical values, social responsibility awareness and sufficient level of labor law.	1
11)	They can identify the individual learning needs and carries out studies to correct them by developing positive attitudes about lifelong learning.	2
12)	They can express their ideas and solutions both written and orally, and if required they can present and publish them on both national and international platforms.	3
13)	They use information and communication technologies together with computer software at the advanced level of European Computer Driving License required by the field.	3

Assessment & Grading

Semester Requirements	Number of Activities	Level of Contribution
Homework Assignments	2	% 30
Midterms	1	% 30
Final	1	% 40
total		% 100
PERCENTAGE OF SEMESTER WORK		% 60
PERCENTAGE OF FINAL WORK		% 40
total		% 100

Workload and ECTS Credit Calculation

Activities	Number of Activities	Preparation for the Activity	Spent for the Activity Itself	Completing the Activity Requirements	Workload
Course Hours	14	1	3		56
Homework Assignments	2	10	1		22
Midterms	1	15	1		16
Final	1	20	1		21
Total Workload					115