Department of Business Administration


Course Code Course Name Semester Theory Practice Lab Credit ECTS
ECON197 Macroeconomics 4 3 0 0 3 4
Prerequisites ECON191
Admission Requirements ECON191
Language of Instruction French
Course Type Compulsory
Course Level Bachelor Degree
Course Instructor(s) Fatma Ayfer KARAYEL (Email)
Objective This course presents the basic concepts and principles of macroeconomics and compares macroeconomic models with the actuality of real-world economic systems.
Content Undergraduate
Course Learning Outcomes By the end of this course students will be eable,
to understand the basic concepts in macroeconomics: Production,Consumption, Investment, Saving, Capital Stock, and Trade;
to understand the classical and the Keynesian Approach to Aggregate Supply;
to understand the short run equilibrium model;IS/LM Framework and Global Economic Equilibrium;
to can read and discuss the recent macroeconomic articles.
Teaching and Learning Methods Theoretical
References Blanchard Olivier & Cohen Daniel., Macroéconomie, 4e édition, Pearson Education.2007
Sloman J. " Makroekonomi", Bilim Teknik Yayınevi
Print the course contents
Theory Topics
Week Weekly Contents
1 The concepts of Aggregate Variables in Macroeconomics: GDP, Composition of the GDP and GNP, Revenue, Inflation Rate, Unemployment rate.
2 Long-term Economic Growth, Growth and Employment, Production Function,
3 Production-Investment; Production-Capital; Saving Rate and Production, Capital Accumulation, Technical Progress, Growth.
4 Macro Economy in Short-Term: Aggregate Supply and Demand, the Classical Approach to Aggregate Supply, Keynesian Approach to Aggregate Supply,
5 The IS/LM Framework: IS curve and LM curve. Monetary and budgetary policy under the IS/LM framework.
6 Equilibrium of Aggregate Supply and Aggregate Demand.
7 The Supply Shock and Unemployment. Production Equilibrium in the short Run.
8 The Phillips Curve.
9 The Open-Economy: Goods Markets and Capital Market, IS schedule.
10 The Domestic Demand and its Determinants
11 Increase in Domestic Demand and Determinants of Foreign Demand .
12 Production Equilibrium, Trade Balance, Depreciation and Trade Balance
13 Production, Interest Rates and Exchange Rates.
14 Production, Interest Rates and Exchange Rates.
Practice Topics
Week Weekly Contents
Contribution to Overall Grade
  Number Contribution
Contribution of in-term studies to overall grade 1 50
Contribution of final exam to overall grade 1 50
Toplam 2 100
In-Term Studies
  Number Contribution
Assignments 0 0
Presentation 5 5
Midterm Examinations (including preparation) 1 40
Project 0 0
Laboratory 0 0
Other Applications 0 0
Quiz 2 5
Term Paper/ Project 0 0
Portfolio Study 0 0
Reports 0 0
Learning Diary 0 0
Thesis/ Project 0 0
Seminar 0 0
Other 0 0
Toplam 8 50
No Program Learning Outcomes Contribution
1 2 3 4 5
1 The acquisition of high-level knowledge of the functions of production management and marketing, management, accounting and finance; the skill of using this knowledge.
2 The acquisition of basic conceptual knowledge about scientific fields related to professional life, such as law, economics, sociology, psychology, social psychology and quantitative methods.
3 The ability to work effectively in a team; the ability to pass on knowledge to other members of the team. X
4 The competence to use his/her knowledge on the field, to analyze and interpret the data obtained, to identify the problems encountered, to provide appropriate solutions and scientifically defend these solution suggestions when necessary.
5 The competence to determine the aims and objectives of the company or institution in which he/she is employed by taking into account the needs, the competitive dynamics of the market and by calculating the risks incurred; the ability to engage in entrepreneurship and establish and manage a business. X
6 Awareness of constantly updating his/her professional knowledge and skills; the ability to adapt to change and innovation; the competence to evaluate critically the information he/she has acquired. X
7 Basic knowledge of information and communication technologies required for professional life; the ability to use core office programs at an advanced level; expertise in data processing and report writing in the IT environment. X
8 Ability to follow current information in his/her field in both English and French and to communicate in writing and verbally with stakeholders in both languages. X
9 The ability to conduct researches and studies taking into account the market, dynamics of competition, organizational and global factors and scientific methods; contribute to projects, take responsibility in projects, display competence to make innovative and effective decisions. X
10 Ability to develop strategies, find creative solutions to management problems by building relations with other areas of the social sciences and take the responsibility of these decisions. X
11 Consciousness of taking into account ethical values, when making decisions and being involved in business life. X
12 Awareness of the impact of practices related to his/her field on the global and social dimensions (universality of social rights, social justice, cultural values, environmental problems, sustainability, etc.) and their legal consequences. X
Activities Number Period Total Workload
Class Hours 14 3 42
Working Hours out of Class 14 3 42
Assignments 0 0 0
Presentation 5 1 5
Midterm Examinations (including preparation) 1 6 6
Project 0 0 0
Laboratory 0 0 0
Other Applications 10 1 10
Final Examinations (including preparation) 1 8 8
Quiz 0 0 0
Term Paper/ Project 0 0 0
Portfolio Study 0 0 0
Reports 0 0 0
Learning Diary 0 0 0
Thesis/ Project 0 0 0
Seminar 0 0 0
Other 0 0 0
Total Workload 113
Total Workload / 25 4,52
Credits ECTS 5
Scroll to Top