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ECO 102
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Course Weekly Lecture Plan
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Course Information
Course Name
Turkish
Principles of Macroeconomics
English
Makroiktisatın Temelleri
Course Code
ECO 102
Credit
Lecture
(hour/week)
Recitation
(hour/week)
Laboratory
(hour/week)
Semester
-
3
-
-
-
Course Language
English
Course Coordinator
Ayşe Aylin Bayar
Course Objectives
This course aims to develop an understanding of fundamental aggregate macroeconomic variables and concepts such as national income, growth, productivity, unemployment, inflation, and economic fluctuations. We look at how these macro variables are defined and measured; identify the basic observed trends in related macro data; explore their causes and effects; explore how they relate to each other and their relevance to economic policymaking. The latter half of the course will focus on the implications of an open economy context for these macroeconomic variables, through the exploration of international trade, capital flows, exchange rates, and balance of payments.
Course Description
The aim of this course is to develop an understanding of fundamental aggregate macroeconomic variables and concepts such as national income, growth, productivity, unemployment, inflation and economic fluctuations. We look at how these macro variables are defined and measured; identify the basic observed trends in related macro data; explore their causes and effects; explore how they relate to each other and their relevance to economic policy making. The latter half of the course will focus on the implications of an open economy context for these macroeconomic variables, through exploration of international trade, capital flows, exchange rates and balance of payments
Course Outcomes
Pre-requisite(s)
Required Facilities
Other
Textbook
Mankiw, N. G. (2008), Principles of Economics (8th edition), South-Western Cengage Learning, USA.
Other References
Goodwin, N., Nelson, J.A., Harris, J. (2009), Macroeconomics in Context , M.E. Sharpe, New York, USA
Blanchard, O. (2009), Macroeconomics (5th edition), Pearson Prentice Hall, New Jersey, USA.
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