Announcements

  1. Course page is on line (Mar. 14)
  2. Homework Questions and Answers for Chapter 20 posted
  3. Homework Questions and Answers for Chapter 21 posted.
  4. Homework Questions and Answers for Chapter 22 posted.
  5. Homework Questions and Answers for Chapter 23 posted. (Mar.24)
  6. Midterm Exam I : April 1st from 11:00 to 12:30. D3, D4, D5. Coverage: Chapters 20,21,22,23.Bring a calculator. No cell phone allowed.
  7. There will be no exam this Friday, 22th April. Midterm II will be in 11th week.(April 19)
  8. ECO136_2011_Midterm1.pdf is posted. (Apr.19)
  9. Midterm Exam II will be on May 5th (Thursday) at 16:00 (Apr.20).
  10. Homework Questions and Answers for Chapter 24 posted. (May 1)
  11. Homework Questions and Answers for Chapter 25 posted. (May 1)
  12. Homework Questions and Answers for Chapter 26 posted. (May 1)
  13. Midterm Exam II on May 5th, DB7, DB8, Coverage: Ch24, Ch25, Ch26(partial, up to page 552, excluding speculation motive.). Bring your calculator. No cell phone. No dictionary.
  14. Midterm Exam II Result posted. (May 20)
  15. Final Exam: June 2, 9:00-10:45 at A1 and D7. Coverage: 1. unemployment from CH.22, 2. CH24-29. Bring a calculator.
  16. Homework Questions and Answers for Chapter 6, part2 posted.
  17. Homework Questions and Answers for Chapter 27 posted.
  18. Homework Questions and Answers for Chapter 28 posted.
  19. Homework Questions and Answers for Chapter 29 posted. (May 27)

Personnel

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

Course Information

Schedule: Fridays 9:00-11:45, D3

Office hours: 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.25)

Topics:
  • Introduction to Macroeconomics
Readings:
  • Ch. 20

Week 2

(Mar.4)

Topics:
  • Measuring National Output and National Income
  • Long-Run and Short-Run Concerns: Growth, Productivity, Unemployment, and Inflation
Readings:
  • Ch. 21, 22

Week 3

(Mar.11)

Topics:
  • Aggregate Expenditure and Equilibrium Output (1)
Readings:
  • Ch. 23

Week 4

(Mar.18)

Topics:
  • Aggregate Expenditure and Equilibrium Output (2)
Readings:
  • Ch. 23

Week 5

(Mar.25)

Topics:
  • The Government and Fiscal Policy (1)
Readings:
  • Ch. 24

Week 6

(Apr.1)

Topics:
  • The Government and Fiscal Policy (2)
Readings:
  • Ch. 24
TBA Midterm Exam I

Week 7

(Apr. 8)

Topics:
  • The Money Supply and the Federal Reserve System
Readings:
  • Ch. 25

Week 8

(TBA)

Midterm Week

Week 9

(Apr.15)

Topics:
  • Money Demand, the Equilibrium Interest Rate and Monetary Policy
Readings:
  • Ch. 26

Week 10

(Apr.22)

Topics:
  • Money, the Interest Rate and Output: Analysis and Policy (1)
Readings:
  • Ch. 27
Midterm Exam II

Week 11

(Apr.29)

Topics:
  • Money, the Interest Rate and Output: Analysis and Policy (2)
Readings:
  • Ch. 27

Week 12

(May 6)

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

Week 13

(May 13)

Topics:
  • Aggregate Demand, Aggregate Supply and Inflation (2)
Readings:
  • Ch. 28

Week 14

(May 20)


Topics:
  • The Labor Market, Unemployment and Inflation
Readings:
  • Ch. 29

Final Exam

(TBA)

Final Exam

Exams

Grading Policy

1nd Midterm Exam30%
2nd Midterm Exam30%
Final Exam40%

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