FACULTY of ECONOMICS AND ADMINISTRATIVE SCIENCES, DEPARTMENT of INTERNATIONAL RELATIONS

I.GENERAL INFORMATION

Faculty Member : Assist.Prof. Dr. Ferhat SAYIM

ECTS Credit:

e-mail: f_sayim@hotmail.com Web: www.ferhatsayim.net

II. COURSE INFORMATION

Course Description :

In this course, we are going to continue to our excursion into the awesome world of economics, mainly by focusing on macroeconomics. we are going to focus on macroeconomics and the problems to which this kind of analysis is directed to understand, namely, determination of national income, money and credit, employment and unemployment. We will continue the subject about macroeconomics like Fiscal Policy, Money and banking, inflation.. Exam format will be the same as before (especially multiple choice, short answers and essays).

Students should make comment during the course and prepare an asignment in related subject.

This course studies and analyses especially the mocroeconomics and current subject of Turkish Economy

The course begins with an assesment of National income accounting and continue. The methodoly of this course “Verbal Expression” with power point presantation. Furthermore argue with exercises about current Turkish Economic Problems.

(Required) David BEGG, Economics, at least 7th edition, London, Mc Graw Hill, 2003.

Gregory MANKIW, Principles of Economics, Fort Worth, Harcourt 2001,Bradley SCHILLER, Essentials of Economics, Boston, Mc Grow Hill, 1996

Grading Information and Creteria :

Mid-term: %40, Final Examination: %60.

Course Outline :

1.Week Introduction to macroeconomics

2.Week National Income Accounting(GDP, GNP, National Income… )

3.Week Output and aggregate demand.(Aggregate Demand, Equilibrum Output,…)

4.Week Fiscal Policy and foreign trade.(Government and the Circular flow..)

5.Week Money and banking

6.Week Interest rates and monetary transmission.

7.Week Monetary and fiscal policy

8.Week Midterm

9.Week Aggregate supply, prices and adjustment to shocks

10.Week Inflation, expectations and credibility

11.Week Unemployment

12.Week Exchange rates and the balance of payments

13.Week Open economy macroeconomics

14.Week Economic growth

Attention : Participation obligatory min. %70