UGİ106

School of Economics and Administrative Sciences \ International Entrepreneurship

3

6

Compulsory

English

-

Department of International Entrepreneurship (Compulsory)
All Other Departments (Elective)

Macroeconomics is a branch of economics that studies how individuals, households, and firms make decisions to allocate Macroeconomics is a branch of economics that studies the overall performance, behavior, and decision-making of an economy. It focuses on the big picture, examining factors like national income, economic growth, inflation, unemployment, and government policies.

David Colander, Economics, 9th edition, McGraw-Hill/Irwin, 2013.
Supportive Prof. Erdinc Telatar (ed.) (in Turkish), Ekonominin Temelleri, (Economics, William Boyes and Michael Melvin)

The main objective of this course is to learn macroeconomic instruments. The effects of fiscal and monetary policy on output, employment and price level will be analyzed under certain assumptions. Basic macroeconomic concepts such as economic growth, inflation, employment and unemployment will be learned. Students will learn basic macroeconomic concepts in English and Turkish.

1. Has the ability to communicate orally and in writing about basic macroeconomic concepts in English.
2. Understand and analyse the relationship between macroeconomic concepts and entrepreneurship.

Week 1: Economics - Basic Concepts, World Economy Data, Turkish Economy, Russian and Central Asian Economics
Week 2: Economic Growth, Business Cycles, Structural Stagnation
Week 3: Measuring the Overall Economy
Week 4: Short-Term Keynesian Policy Model: Demand-Side Policies
Week 5: Short-Term Keynesian Policy Model: Demand-Side Policies
Week 6: Classical Long-Term Policy Model: Growth and Supply-Side Policies
Week 7: The Financial Sector and the Economy
Week 8: The Financial Sector and the Economy
Week 9: Monetary Policy
Week 10: Monetary Policy
Week 11: Jobs and Unemployment
Week 12: Inflation

• Midterm %40
• Final % 60