Course Information

Course Name	Turkish	Orta Seviyede Makroekonomi
	English	Intermediate Macroeconomics
Course Code	EFN 202E	Credit	Lecture (hour/week)	Recitation (hour/week)	Laboratory (hour/week)
Semester	4	-	4	-	-
Course Language		English
Course Coordinator		Derya Gültekin
Course Objectives		This course is an intermediate macroeconomics course designed to teach you the models for analyzing the macroeconomic concepts such as growth, investment, business cycles, inflation, unemployment etc.
Course Description		This course explores aggregate economic variables such as national income, growth, unemployment, inflation, savings, investment, productivity, and economic fluctuations. We look at how these macro variables are defined and measured; identify their observed trends in time-series and cross-section data; explore their causes and effects. The lectures will develop an analytical framework showing how these macroeconomic variables relate to one another 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 phenomena, by exploring international trade, capital flows, exchange rates, the balance of payments, and economic fluctuations in a globalized economy. Considering the relationship between economic growth and human development and social and environmental sustainability will be a cross-cutting theme throughout the course.
Course Outcomes		• Knowledge of the fundamental macroeconomic concepts and variables; how they are measured, associated shortcomings and basic trends in macroeconomic data. • Understanding of macroeconomic theories and models by different schools of thought and ability to use them to explain how different macroeconomic variables relate to one another, the causes and effects of their observed trends; • Ability to apply the understanding of macroeconomic theories to critically analyze and evaluate the impact of macroeconomic policies; • Understanding of how a modern market economy operates in a changing national and global context; and implications thereof for a sustainable economic system and human development.
Pre-requisite(s)
Required Facilities		.
Other		.
Textbook		Goodwin, N., Harris, J., Nelson, JA, Rajkarnikar, PJ, Roach, B, Torras, M. Macroeconomics in Context. Available from: VitalSource Bookshelf, (4th Edition). Taylor & Francis, 2023.
Other References		Macroeconomics, 9th Edition by Gregory N. Mankiw

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