International Trade and Logistics (English)
Course Details
KTO KARATAY UNIVERSITY
İktisadi, İdari ve Sosyal Bilimler Fakültesi
Programme of International Trade and Logistics (English)
Course Details
İktisadi, İdari ve Sosyal Bilimler Fakültesi
Programme of International Trade and Logistics (English)
Course Details
| Course Code | Course Name | Year | Period | Semester | T+A+L | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| 04920002 | Macroeconomics | 1 | Spring | 2 | 3+0+0 | 6 | 6 |
| Course Type | Compulsory |
| Course Cycle | Bachelor's (First Cycle) (TQF-HE: Level 6 / QF-EHEA: Level 1 / EQF-LLL: Level 6) |
| Course Language | English |
| Methods and Techniques | - |
| Mode of Delivery | Face to Face |
| Prerequisites | - |
| Coordinator | - |
| Instructor(s) | Asst. Prof. Ayşegül UÇKUN ÖZKAN |
| Instructor Assistant(s) | - |
Course Instructor(s)
| Name and Surname | Room | E-Mail Address | Internal | Meeting Hours |
|---|---|---|---|---|
| Asst. Prof. Ayşegül UÇKUN ÖZKAN | C BLOK-202 | [email protected] | 7366 |
Course Content
Provide an overview of basic macroeconomic concepts such as national income accounting, unemployment, inflation, recession, economic growth and how wages and interest rates are determined in the market.
Objectives of the Course
To have a general understanding of basic macroeconomic indicators and how the economy function as a whole.
Contribution of the Course to Field Teaching
| Basic Vocational Courses | |
| Specialization / Field Courses | |
| Support Courses | X |
| Transferable Skills Courses | |
| Humanities, Communication and Management Skills Courses |
Relationships between Course Learning Outcomes and Program Outcomes
| Relationship Levels | ||||
| Lowest | Low | Medium | High | Highest |
| 1 | 2 | 3 | 4 | 5 |
| # | Program Learning Outcomes | Level |
|---|---|---|
| P13 | Being aware of the global and local economic, social, legal and environmental consequences of field practices and the responsibilities that these consequences impose on oneself and other actors in the field. | 3 |
| P5 | Ability to work in coordination with different disciplines and cultures. | 2 |
| P3 | To be able to make evaluations and express opinions on economic, administrative, financial and commercial issues. | 5 |
Course Learning Outcomes
| Upon the successful completion of this course, students will be able to: | |||
|---|---|---|---|
| No | Learning Outcomes | Outcome Relationship | Measurement Method ** |
| O1 | To be able to comprehend and interpret the concepts of monetary policy, national economy and budget deficits theoretically, analytically and algebraically. | P.13.3 | 1 |
| O2 | Recognize and make comparative analysis of monetary and banking systems. | P.5.3 | 1 |
| O3 | Students will be able to know and compare global macroeconomic theories. | P.4.10 | 1 |
| O4 | Master the basic macroeconomic concepts. | P.3.13 | 1 |
| O5 | Interpret the concepts of unemployment and inflation theoretically and analytically. | P.3.14 | 1 |
| O6 | Interpret the concepts of income and expenditure theoretically, algebraically and analytically. | P.3.15 | 1 |
| ** Written Exam: 1, Oral Exam: 2, Homework: 3, Lab./Exam: 4, Seminar/Presentation: 5, Term Paper: 6, Application: 7 | |||
Weekly Detailed Course Contents
| Week | Topics |
|---|---|
| 1 | Meaning, aims and objectives of macroeconomics/basic macroeconomic indicators |
| 2 | History of modern macroeconomic thoughts |
| 3 | National income accounting |
| 4 | Functions (consumption/saving/investment functions) |
| 5 | Functions (government expenditures) |
| 6 | Foreign economic balance functions |
| 7 | General revision & midterm preparation |
| 8 | Midterm |
| 9 | Aggregate demand, aggregate supply |
| 10 | Unemployment (meaning, types, policy framework or solutions) |
| 11 | Inflation (Meaning/Forms/Consequences & Effects/Policy framework or solutions) |
| 12 | Philips Curves/Inflation & Unemployment/Policy implications & discussions |
| 13 | Money/Liquidity preference - Demand for Money |
| 14 | Stabilization Policies (Monetary & Fiscal Policy Compared/Instruments of Monetary & Fiscal Policies) |
| 15 | General Revisions and Preparatory for Final Exams |
Textbook or Material
| Resources | N. Gregory Mankiw – Macroeconomics – Macmillon International Higher Education. 10th edition, 2019. , |
| Karl, E. Case, Ray C. Fair, Sharon M. Oster – Principles of macroeconomics . |
Evaluation Method and Passing Criteria
| In-Term Studies | Quantity | Percentage |
|---|---|---|
| Attendance | - | - |
| Laboratory | - | - |
| Practice | - | - |
| Field Study | - | - |
| Course Specific Internship (If Any) | - | - |
| Homework | - | - |
| Presentation | 1 | 30 (%) |
| Projects | - | - |
| Seminar | - | - |
| Quiz | - | - |
| Listening | - | - |
| Midterms | 1 | 30 (%) |
| Final Exam | 1 | 40 (%) |
| Total | 100 (%) | |
ECTS / Working Load Table
| Quantity | Duration | Total Work Load | |
|---|---|---|---|
| Course Week Number and Time | 14 | 3 | 42 |
| Out-of-Class Study Time (Pre-study, Library, Reinforcement) | 14 | 3 | 42 |
| Midterms | 1 | 30 | 30 |
| Quiz | 0 | 0 | 0 |
| Homework | 1 | 6 | 6 |
| Practice | 0 | 0 | 0 |
| Laboratory | 0 | 0 | 0 |
| Project | 0 | 0 | 0 |
| Workshop | 0 | 0 | 0 |
| Presentation/Seminar Preparation | 1 | 12 | 12 |
| Fieldwork | 0 | 0 | 0 |
| Final Exam | 1 | 40 | 40 |
| Other | 0 | 0 | 0 |
| Total Work Load: | 172 | ||
| Total Work Load / 30 | 5,73 | ||
| Course ECTS Credits: | 6 | ||
Course - Learning Outcomes Matrix
| Relationship Levels | ||||
| Lowest | Low | Medium | High | Highest |
| 1 | 2 | 3 | 4 | 5 |
| # | Learning Outcomes | P3 | P4 | P5 | P13 |
|---|---|---|---|---|---|
| O1 | Master the basic macroeconomic concepts. | 5 | - | - | - |
| O2 | Interpret the concepts of unemployment and inflation theoretically and analytically. | 5 | - | - | - |
| O3 | Interpret the concepts of income and expenditure theoretically, algebraically and analytically. | 5 | - | - | - |
| O4 | Students will be able to know and compare global macroeconomic theories. | - | 3 | - | - |
| O5 | Recognize and make comparative analysis of monetary and banking systems. | - | - | 2 | - |
| O6 | To be able to comprehend and interpret the concepts of monetary policy, national economy and budget deficits theoretically, analytically and algebraically. | - | - | - | 3 |