Nevşehir Hacı Bektaş Veli University Course Catalogue

Information Of Programmes

FACULTY OF ECONOMICS & ADMINISTRATIVE SCIENCES / İKT448 - ECONOMICS

Code: İKT448 Course Title: MACROECONOMIC INDICATORS Theoretical+Practice: 3+0 ECTS: 5
Year/Semester of Study 4 / Spring Semester
Level of Course 1st Cycle Degree Programme
Type of Course Compulsory
Department ECONOMICS
Pre-requisities and Co-requisites None
Mode of Delivery Face to Face
Teaching Period 14 Weeks
Name of Lecturer ÖZLEM ÖZTÜRK ÇETENAK (ozlemcetenak@nevsehir.edu.tr)
Name of Lecturer(s)
Language of Instruction Turkish
Work Placement(s) None
Objectives of the Course
This course aims to introduce students to the modern economy by introducing medium-term macroeconomic concepts and using them in macroeconomic and microeconomic analyzes. This derby will examine aggregate variables such as income, unemployment, inflation, exchange rates, balance of payments, government spending, taxes, borrowing, growth and their relation to each other. It will also examine how monetary policies and fiscal policies affect macroeconomic variables.

Learning Outcomes PO MME
The students who succeeded in this course:
LO-1 Can explain the basic concepts and tools of macroeconomics, calculation and measurement of national income. PO-1 have information about basic economic topics and indicators.
PO-5 have upper explanation ability on the effects of economy policies on individuals and firms under the principles which are dominating economy.
PO-6 have ability on examining and analyzing the effects of economic policies.
PO-8 have ability on working with quantitative data about economics and using the tools about statistically data analysis.
PO-11 have ability on defining economic variables and comment on the relationships between these variables.
PO-16 report preparation that examine the economy in terms of sectoral and macroeconomic.
Examination
LO-2 Can explain how financial policies and monetary policies affect the economy. PO-1 have information about basic economic topics and indicators.
PO-7 have ability on considering the basic items of Money, Banking and Financial System and the treatment process of these items.
PO-9 have ability on commenting current economic issues considering economic theory in the view of sociology.
PO-16 report preparation that examine the economy in terms of sectoral and macroeconomic.
Examination
LO-3 Can analyze daily economic news within the framework of the concepts taught in the course PO-1 have information about basic economic topics and indicators.
PO-3 have information about the reasons and results of transition that take place in economics
PO-9 have ability on commenting current economic issues considering economic theory in the view of sociology.
PO-16 report preparation that examine the economy in terms of sectoral and macroeconomic.
Examination
PO: Programme Outcomes
MME:Method of measurement & Evaluation

Course Contents
This course focuses on the priorities of understanding the macroeconomic indicators, interpreting the indicators and analyzing the indicators.
Weekly Course Content
Week Subject Learning Activities and Teaching Methods
1 Economic Indicator Concept Explanation
2 Methods of Obtaining Economic Indicators and Major Data Sources Explanation
3 Microeconomic Indicators and Interpretation: Formation of Market Equilibrium Price, Formation of Firm Balance, Flexibility Explanation
4 Macroeconomic Indicators and Interpretation: Gross Domestic Product, National Income Explanation
5 Growth rate Explanation
6 Inflation and price indices Explanation
7 Applications Explanation
8 mid-term exam
9 Banking system, Central bank analytical balance, stock exchange stock indicators Explanation
10 Public finance, budget deficits Explanation
11 Economic trend research and expectations Explanation
12 International economic indicators Explanation
13 Analysis of Applied Monetary and Fiscal Policy Explanation
14 The Impact of Non-Economic Factors on Economic Indicators Explanation
15 Applications Explanation
16 final exam
Recommend Course Book / Supplementary Book/Reading
1 Elif, Ç. Ekonomik Göstergeler ve İstatistik Rehberi, Seçkin Yayıncılık, 2015.
2 Ömer, F.Ç., Alaattin, A. Makro Ekonomik Göstergelerin Yorumlanması, Efil Yayınevi, 2010.
3 Mahfi, E., Kolay Ekonomi, Remzi Kitabevi, 2016.
Required Course instruments and materials
Book

Assessment Methods
Type of Assessment Week Hours Weight(%)
mid-term exam 8 1 40
Other assessment methods
1.Oral Examination
2.Quiz
3.Laboratory exam
4.Presentation
5.Report
6.Workshop
7.Performance Project
8.Term Paper
9.Project
final exam 16 1 60

Student Work Load
Type of Work Weekly Hours Number of Weeks Work Load
Weekly Course Hours (Theoretical+Practice) 3 14 42
Outside Class
       a) Reading 4 12 48
       b) Search in internet/Library 2 5 10
       c) Performance Project 0
       d) Prepare a workshop/Presentation/Report 0
       e) Term paper/Project 0
Oral Examination 0
Quiz 0
Laboratory exam 0
Own study for mid-term exam 3 6 18
mid-term exam 1 1 1
Own study for final exam 4 6 24
final exam 1 1 1
0
0
Total work load; 144