DOKUZ EYLUL UNIVERSITY

MARITIME FACULTY

MBA 1008 MACROECONOMICS ( B )

Asst. Prof. Dr. Serdar AYAN

TERM I / : 13.02.2017 - 23.05.2017
MID-TERM EXAM 1
MID-TERM EXAM 2 / : 27.03.2017 - 07.04.2017
: 25.04.2017
FINAL EXAM:
MAKEUP EXAM / : 29.05.2017 - 09.06.2017
: 19.06.2017 –23.06.2017
TEXT: /

: Case Karl E., Fair Ray C., Oster Sharon M., Principles of Economics 12th Edition, Prentice Hall, London, 2017.

CREDITS / : Three Hours / Tuesday 09.25-12.00
OFFICE HOURS / : Monday 15.00-17.00 or by appointment

A. OBJECTIVES

This course is an introduction to macroeconomics. This subdivision of economics deals with the economy as a whole : aggregate national income and output, government spending and taxation, money and banking, monetary policy and international trade. Microeconomics focuses on individual economic entities. Macroeconomics deals with the overall level of output, its rate of growth and the level of prices in general.

B. EXAMS AND EVALUATION

There will be two midterm and one final exam covering the prior lecture and reading material. Midterm and final exams will be composed of multiple choice and essay type questions that encourages the critical thinking in macroeconomics discipline.

Evaluation system is as follows;

Midterm Exam ( 1 )20 %

Midterm Exam ( 2 )20 %

Final Exam 60 %

TOTAL 100 %

C. RULES FOR ATTENDANCE

All students are expected to attend classes punctually and regularly. Access to the final exam will be granted to students who attain an attendance in excess of 70 %.

The content of the syllabus can be changed by the instructor at any time by informing the related department’s head.

Class participation includes attendance, discussion and participation. Role is taken at the beginning of class using a seating chart. Students arriving late may request partial credit by seeing me after class. Excessive lateness or absences will result in a geometrically reduced grade. Please make your travel plans accordingly. As one shrewd person once put it, “Never underestimate the value of showing up.” Your presence enriches not only yourself, but also your classmates. Class time is generally devoted to Socratic discussion and debate. You will be called upon frequently: in fact, you can expect be called on in every class session. If you are a bit shy, this can be intimidating. I hope that over time you will grow in confidence to speak up and be heard. Sometimes the quietest students have the most interesting and important things to say.

STUDY HINTS: There are no surprises about how to excel in economics. Come to class prepared each day. You should actively practice retrieving stored information and applying it. The more you practice, the easier it gets. A Study Guide is an excellent learning tool; use it to the fullest. Obviously, you cannot master everything at once, but it will become quite apparent if you are preparing for class or not. If you are unavoidably absent, please arrange to get the notes and assignments from a classmate in time for the next session.

D.REFERENCES

1. Lipsey, Richard G. , Courant Paul N., Ragan, Christopher T. S., Economics, 12th Edition, Addison-Wesley Publishing Company, United States, 2000.

2. Baumol, William J., Blinder Alan S., Economics : Principles and Policy , Harcourt Brace Jovanovich Publication, New York, 2000.

3. Begg David, Fischer Stanley, Dornbuch Rudiger , Economics, 4th Edition, McGraw Hill Publication, England, 1999.

E. TENTATIVE SCHEDULE

WEEK / DATE / TOPICS
1 / 14.02.2017 / Introduction to Course
Chapter 20 : Introduction to Macroeconomics
2 / 21.02.2017 / Chapter 21 : Measuring National Output and National Income
3 / 28.02.2017 / Chapter 22 : Unemployment, Inflation and Long-run Growth
4 / 07.03.2017 / Chapter 23 : Aggregate Expenditure and Equilibrium Output
5 / 14.03.2017 / Chapter 23 : Multiplier Analysis
6 / 21.03.2017 / Chapter 24 : The Government and Fiscal Policy
7 /
27.03.2017 -07.04.2017
/
MIDTERM EXAM 1
8 / 11.04.2017 / Chapter 25 : The Money Supply and The Reserve System
9 / 18.04.2017 / Chapter 26 : Money Demand and The Equilibrium Interest Rate
10 / 25.04.2017 / MIDTERM EXAM 2
11 / 02.05.2017 / Chapter 27 : Aggregate Demand in The Goods and Money Markets
12 / 09.05.2017 / Chapter 28 : Aggregate Supply and The Equilibrium Price Level
13 / 16.05.2017 / Importance of Transportation Economics

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