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FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES / PUBLIC FINANCE / MLY2004 - MACROECONOMICS II
GENERAL INFORMATION ABOUT THE COURSE
Course Code
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Course Title
Theoretical
Practical
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Turkish Name of the Course
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Course Objective
The purpose of the course is to teach the models and theories of macroeconomic issues; to discuss macroeconomic facts within this framework
Brief Content of the Course
Determination of the price, aggregate supply and demand relationship; inflation, unemployment and the theories of the Phillips curve; consumption hypotheses; investment models; money demand theories; central banking and the monetary policy.
Prerequisites
There are no prerequisites.
Course Objectives
Course Objectives
1
Explains the interaction of the dynamics between aggregate demand and aggregate supply
2
Describes the theoretical basis of the relationship among wage, price and unemployment
3
Analyzes the theories of consumption and investment in historical perspective
4
Explains the development of the money demand theories and enables understanding the central banking and the formation of the monetary policies
5
Explains the operation of the financial markets and the determination of the asset prices.
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Course Category
Course Category
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Basic Vocational Courses
Expertise /Field Courses