MACRO ECONOMICS PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
IBT218	MACRO ECONOMICS	4	3	3	6

GENERAL INFORMATION
Language of Instruction :	English
Level of the Course Unit :	BACHELOR'S DEGREE, TYY: + 6.Level, EQF-LLL: 6.Level, QF-EHEA: First Cycle
Type of the Course :	Compulsory
Mode of Delivery of the Course Unit	-
Coordinator of the Course Unit	Assoc.Prof. GÜLGÜN ÇİĞDEM
Instructor(s) of the Course Unit	Assoc.Prof. ONUR ÖZDEMİR
Course Prerequisite	No

OBJECTIVES AND CONTENTS
Objectives of the Course Unit:	The objective of this course is to provide students with fundamental knowledge of macroeconomic concepts, indicators, and models that address the economy as a whole. The aim is to develop students' skills in analyzing macroeconomic variables such as national income, inflation, unemployment, economic growth, monetary and fiscal policies, and in interpreting economic events.
Contents of the Course Unit:	This course examines fundamental macroeconomic topics such as national income calculations, inflation, unemployment, economic growth, monetary and fiscal policies, and aggregate demand and aggregate supply analyses.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)
Defines fundamental macroeconomic concepts and indicators such as national income, inflation, unemployment, economic growth, aggregate demand, and aggregate supply.
Explains macroeconomic models (Classical, Keynesian, IS–LM) and applies them to interpret short-run and long-run economic equilibrium conditions.
Analyzes the effects of monetary and fiscal policies on output, employment, inflation, and interest rates in both closed and open economy frameworks.
Evaluates macroeconomic developments, global crises, and policy responses by interpreting economic data and assessing their implications for economic stability and growth.

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week	Preparatory	Topics(Subjects)	Method
1	Literature review	Introduction to Macroeconomics & Basic Concepts	Lecture, Question and Answer
2	Literature review	National Income Accounts & Growth	Lecture, Question and Answer
3	Literature review	Inflation & Unemployment	Lecture, Question and Answer
4	Literature review	Aggregate Demand & Aggregate Supply	Lecture, Question and Answer
5	Literature review	Classical, Keynesian Macro Models	Lecture, Question and Answer
6	Literature review	IS–LM Model (Closed Economy)	Lecture, Question and Answer
7	Literature review	Open Economy: Exchange Rates and Balance of Payments	Lecture, Question and Answer
8	Literature review	Monetary Policy & Central Banking	Lecture, Question and Answer
9	Literature review	Fiscal Policy & Budget Balance	Lecture, Question and Answer
10	-	MID-TERM EXAM	-
11	Literature review	Unemployment, Inflation, and Expectations	Lecture, Question and Answer
12	Literature review	Economic Growth Theories	Lecture, Question and Answer
13	Literature review	Macroeconomic Policy Analysis	Lecture, Question and Answer
14	Literature review	Global Macroeconomics & Crises	Lecture, Question and Answer
15	Literature review	Global Macroeconomics & Crises	Lecture, Question and Answer
16	-	FINAL EXAM	-
17	-	FINAL EXAM	-

SOURCE MATERIALS & RECOMMENDED READING

ASSESSMENT
Assessment & Grading of In-Term Activities	Number of Activities	Degree of Contribution (%)	Description	Examination Method
Mid-Term Exam	1	50		Classical Exam
Final Exam	1	50		Classical Exam
TOTAL	2	100

Level of Contribution
0	1	2	3	4	5

KNOWLEDGE
Theoretical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Summarizing basic and advanced topics in International Trade and Business.
2	To define the theories, concepts and principles of International Trade and Business and its sub-fields.
3	Interpreting the relationship of International Trade and Business with other disciplines.
4	Using the theoretical knowledge gained in the field of International Trade and Business in professional practices and daily life.

KNOWLEDGE
Factual
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Explaining current events and phenomena in the field with a holistic perspective analytically and systematically based on advanced knowledge and skills.
2	Solving problems encountered in business life, at individual and organizational level.
3	Effective use of computer programs (such as SPSS, R, Excel, Stata) in the face of complex business problems.
4	Evaluating the developments in the world from an intellectual perspective in the light of the joint faculty courses taken.

SKILLS
Cognitive
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Recognizing new theoretical and practical approaches in the field of International Trade and Business.
2	Recognize the relevant literature effectively.
3	Independently organize activities towards organizational goals and objectives.

SKILLS
Practical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	To conduct qualitative and quantitative research on the subjects related to the field.

OCCUPATIONAL
Autonomy & Responsibility
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	To be able to work independently in the light of the knowledge gained in the field of International Trade and Business and to take responsibility for the work done.

OCCUPATIONAL
Learning to Learn
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Adopting the philosophy of lifelong learning.

OCCUPATIONAL
Communication & Social
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Using foreign language skills effectively in business and social life, explaining their demands in writing or verbally.
2	To design a healthy communication network in the business world by using social life skills.

OCCUPATIONAL
Occupational and/or Vocational
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Benefiting from the theoretical and historical knowledge of international trade and business; analyzes current issues, events and problems.
2	Continually improving their knowledge of the structure and characteristics of the variables of international trade and business.

WORKLOAD & ECTS CREDITS OF THE COURSE UNIT
Workload for Learning & Teaching Activities
Type of the Learning Activites	Learning Activities (# of week)	Duration (hours, h)	Workload (h)
Lecture & In-Class Activities	0	0	0
Preliminary & Further Study	0	0	0
Land Surveying	0	0	0
Group Work	0	0	0
Laboratory	0	0	0
Reading	0	0	0
Assignment (Homework)	0	0	0
Project Work	0	0	0
Seminar	0	0	0
Internship	0	0	0
Technical Visit	0	0	0
Web Based Learning	0	0	0
Implementation/Application/Practice	0	0	0
Practice at a workplace	0	0	0
Occupational Activity	0	0	0
Social Activity	0	0	0
Thesis Work	0	0	0
Field Study	0	0	0
Report Writing	0	0	0
Final Exam	0	0	0
Preparation for the Final Exam	0	0	0
Mid-Term Exam	0	0	0
Preparation for the Mid-Term Exam	0	0	0
Short Exam	0	0	0
Preparation for the Short Exam	0	0	0
TOTAL	0	0	0