Announcements

  1. Course page is on line (Feb. 10)
  2. Quiz 1 Result and Q&A posted. (Mar.17)
  3. Midterm 1 Result posted. (Apr.6)
  4. Quiz 2 Result and Q&A posted (Apr.23)
  5. 2nd Midterm: April 27 (Monday), 16:00 - 17:30, D8. Coverage: Ch.23, 24, 25. Bring a calculator.
  6. Answer to the question from Ch.24, Appendix posted. (Apr.24)
  7. Midterm 2 Result posted (May 13)
  8. Quiz 3 Result and Q&A posted. (May 13)
  9. Midterm 2 Make-up Exam: Thursday 14th, 15:00-16:45. Seminar Room.
  10. Final Exam: May 28 (Thursday) 9:00-10:45 at A2. Coverage: All chapters (more weights on new chapters - Ch.26 and 27). Bring a calculator.
  11. Final Exam Result announced. You can check your papers at my office on 29th May (Fri), 1 and 2 June (Mon, Tue). (May 28)

 

Personnel

Instructor: Shihomi Ara-Aksoy
(Office: İİBF, İktisat Bölümü, Email: )

Course Information

Schedule: Tuesdays 13:00-15:45, D3
Office hours: Mondays 16:00-17:00, Tuesdays 16:00-17:00 Or By Appointment
Course description
/objective:

The objective of this course is to introduce the basic concepts and tools used in economic analysis.  In this course, the structures of Macroeconomics will be discussed. Topics include national income, aggregate demand and supply analysis, money market, monetary policy, inflation, interest rate, labor market and unemployment. The contents covered in this course will be discussed in more detailed manner in macroeconomics courses in the following years. Therefore, it is strongly recommended to keep up with readings and make sure to understand every concept clearly.

Texts

Course Syllabus

Lecture Schedule

Week

Contents

Week 1

(Feb.10)
Topics:
  • Introduction to Macroeconomics
Readings:
  • Ch. 18

Week 2

(Feb.17)
Topics:
  • Measuring National Output and National Income
  • Long-Run and Short-Run Concerns: Growth, Productivity, Unemployment, and Inflation
Readings:
  • Ch. 19, 20

Week 3

(Feb.24)
Topics:
  • Aggregate Expenditure and Equilibrium Output (1)
Readings:
  • Ch. 21

Week 4

(Mar.3)
Topics:
  • Aggregate Expenditure and Equilibrium Output (2)
Readings:
  • Ch. 21

Week 5

(Mar.10)
Topics:
  • The Government and Fiscal Policy (1)
Readings:
  • Ch. 22

Week 6

(Mar.17)
Topics:
  • The Government and Fiscal Policy (2)
Readings:
  • Ch. 22

Quiz 1 result and Q&A

Week 7

(Mar.24)
Topics:
  • The Money Supply and the Federal Reserve System
Readings:
  • Ch. 23

Week 8

(TBA)

 Midterm Exam I : Result

Week 9

(Apr.7)
Topics:
  • Money Demand, the Equilibrium Interest Rate and Monetary Policy
Readings:
  • Ch. 24

Week 10

(Apr.14)
Topics:
  • Money, the Interest Rate and Output: Analysis and Policy (1)
Readings:
  • Ch. 25

Week 11

(Apr.21)
Topics:
  • Money, the Interest Rate and Output: Analysis and Policy (2)
Readings:
  • Ch. 25

(TBA)
 Midterm Exam II: Result

Week 12

(Apr.28)
Topics:
  • Aggregate Demand, Aggregate Supply and Inflation (1)
Readings:
  • Ch. 26

Week 13

(May 5)
Topics:
  • Aggregate Demand, Aggregate Supply and Inflation (2)
Readings:
  • Ch. 26

Week 14

(May 12)
Topics:
  • The Labor Market, Unemployment and Inflation
Readings:
  • Ch. 27

Quiz 3: Result, Q & A

Final Exam

(TBA)

 Final Exam: Result

Exams

Grading Policy

Three Quizzes3% each (9% total)
1nd Midterm Exam25%
2nd Midterm Exam25%
Final Exam41%

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