MAB764 - MACROEONOMIC APPLICATIONS
| Course Name | Code | Semester | Theory (hours/week) |
Application (hours/week) |
Credit | ECTS |
|---|---|---|---|---|---|---|
| MACROEONOMIC APPLICATIONS | MAB764 | 2nd Semester | 3 | 0 | 3 | 7 |
| Prequisites | None | |||||
| Course language | Turkish | |||||
| Course type | Must | |||||
| Mode of Delivery | Face-to-Face | |||||
| Learning and teaching strategies | Lecture Discussion | |||||
| Instructor (s) | Department Staff | |||||
| Course objective | The objective of the course is to teach macroeconomic issues, models and theories which are related to the public finance and to discuss recent macroeconomic facts in the context of these models and theories | |||||
| Learning outcomes |
| |||||
| Course Content | Government budget and fiscal management; macroeconomic effects of the fiscal policy; debt and Ricardian equivalance; macroeconomics of government finance; fiscal sustainability and debt dynamics, fiscal rule; fiscal policy for development; fiscal policy for the crisis | |||||
| References | Sachs D. J. ve Larrain B. F. (1993), Macroeconomics in the Global Economy, Prentice Hall. Carlin W. Ve Soskice D. (2006), Macroeconomics: Imperfections, Institutions, and Policies, Oxford University Press. Agenor P-R. ve Montiel P. J. (2008), Development Macroeconomics, Princeton University Press. Taylor J. B. ve Woodford M. (Eds.) (1999), Handbook of Macroeconomics, Vol. I, Elsevier Science Publishers B. V. Friedman B. M. ve Hahn F.H. (Eds.) (1990), Handbook of Monetary Economics, Vol. II, Elsevier Science Publishers B. V. Addison T. Ve Roe A. (Eds.) (2004), Fiscal Policy for Development, Palgrave MacMillan. Burnside C. (Ed.) (2005), Fiscal Sustainability in Theory and Practice, The World Bank. | |||||
Course outline weekly
| Weeks | Topics |
|---|---|
| Week 1 | Government budget and fiscal management |
| Week 2 | Government budget and fiscal management (continue) |
| Week 3 | Macroeconomic effects of the fiscal policy |
| Week 4 | Macroeconomic effects of the fiscal policy (continue) |
| Week 5 | The conventional view of debt , the Ricardian equivalance and the optimal debt policy |
| Week 6 | Discretionary fiscal policy and the debt dynamics |
| Week 7 | Fiscal rule |
| Week 8 | Fiscal rule (continue) |
| Week 9 | Fiscal sustainability in theory and practice |
| Week 10 | Fiscal sustainability in theory and practice (continue) |
| Week 11 | Midterm exam |
| Week 12 | The macroeconomics of government finance |
| Week 13 | The macroeconomics of government finance (continue) |
| Week 14 | Fiscal policy in a growth framework |
| Week 15 | Fiscal policy for the crisis |
| Week 16 | Final exam |
Assesment methods
| Course activities | Number | Percentage |
|---|---|---|
| Attendance | 0 | 0 |
| Laboratory | 0 | 0 |
| Application | 0 | 0 |
| Field activities | 0 | 0 |
| Specific practical training | 0 | 0 |
| Assignments | 0 | 0 |
| Presentation | 0 | 0 |
| Project | 0 | 0 |
| Seminar | 0 | 0 |
| Midterms | 2 | 50 |
| Final exam | 1 | 50 |
| Total | 100 | |
| Percentage of semester activities contributing grade succes | 2 | 50 |
| Percentage of final exam contributing grade succes | 1 | 50 |
| Total | 100 | |
WORKLOAD AND ECTS CALCULATION
| Activities | Number | Duration (hour) | Total Work Load |
|---|---|---|---|
| Course Duration (x14) | 14 | 3 | 42 |
| Laboratory | 0 | 0 | 0 |
| Application | 0 | 0 | 0 |
| Specific practical training | 0 | 0 | 0 |
| Field activities | 0 | 0 | 0 |
| Study Hours Out of Class (Preliminary work, reinforcement, ect) | 14 | 3 | 42 |
| Presentation / Seminar Preparation | 0 | 0 | 0 |
| Project | 0 | 0 | 0 |
| Homework assignment | 0 | 0 | 0 |
| Midterms (Study duration) | 2 | 35 | 70 |
| Final Exam (Study duration) | 1 | 56 | 56 |
| Total Workload | 31 | 97 | 210 |
Matrix Of The Course Learning Outcomes Versus Program Outcomes
| D.9. Key Learning Outcomes | Contrubition level* | ||||
|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | |
| 1. The student deepens the actual and advanced knowledge in his/her field by leaning to his/her graduate competence, reaches original definations to bring innovation to his/her field. The student realized interdisciplinary interaction andcome to original conclusions by using expert's knowledge in analysis, synthesis and evaluation of new and complex ideas. | X | ||||
| 2. The student has knowledge and interpretation skills about economic and fiscal phases of societies and relations between societies. | X | ||||
| 3. The student has the skill of knowledge transferring the knowledge in his/her filed. | X | ||||
| 4. The student has mastered basic knowledge of statistics and processes of reasonning which are necessary for his/her field. | X | ||||
| 5. The student has skills of analyzing teh knowledge he/she acquired in his/her field, interpreting and evaluating them using the knowledge he/she brought from other fields, making suggestions for solution, evaluating critical approaches. Within the process he/she behaves in harmony with cultural, scientific and ethical values. | X | ||||
| 6. The student can prepare reports and works inaccordance with academic rules in the light of the knowledge he/she acquired in his/her field. | X | ||||
| 7. The student produces new information by interpreting the acqired knowledge. He/she makes original presentations in national and/or international meetings, has published at least one article as an individual or within the team. | X | ||||
| 8. The student aware of the continuity of education an learning. | X | ||||
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest