Course Information

Course Name	Turkish	Principles of Macroeconomics
	English	Principles of Macroeconomics
Course Code	ECO 102	Credit	Lecture (hour/week)	Recitation (hour/week)	Laboratory (hour/week)
Semester	-	3	3	-	-
Course Language		English
Course Coordinator		İpek İlkkaracan Ajas
Course Objectives		To develop an analytical and critical understanding of the aggregate macroeconomic variables such as national income, growth, productivity, unemployment, inflation and economic fluctuations.
Course Description		The aim of this course is to develop an understanding of the aggregate macroeconomic variables 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. We will also emphasize 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. (2012), Principles of Economics (6th 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. (2012), Macroeconomics (6th edition), Pearson Prentice Hall, New Jersey, USA.

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