ECON102 INTRODUCTION TO ECONOMICS II
| Course Code: | 3110102 |
| METU Credit (Theoretical-Laboratory hours/week): | 5 (4.00 - 2.00) |
| ECTS Credit: | 8.0 |
| Department: | Economics |
| Language of Instruction: | English |
| Level of Study: | Undergraduate |
| Course Coordinator: | Assist.Prof.Dr EREN GÜRER |
| Offered Semester: | Fall and Spring Semesters. |
Course Objectives
This course intends to cover alternative theories of growth, technological change and distribution, both from long-run and short-run perspectives. We will start by setting the stage with recent evidence on stylized facts and empirical regularities of economic growth and the distribution it implies. Next, starting with the basic Solow Model, we study alternative theories of growth and distribution. The third part of the course will cover issues regarding growth in an interdependent world.
Course Content
Firms and fiscal policy; interdependence of the economy; national income; theory of income determination; money and banking; monetary policy; international trade and finance.
Course Learning Outcomes
Upon completing this course, students should be able to understand and explain basic macro-economic phenomena, in particular macro-economic problems such as inflation and unemployment, low income and output, low level of growth and national debt using basic tools of economic analysis.
Program Outcomes Matrix
| Level of Contribution | |||||
| # | Program Outcomes | 0 | 1 | 2 | 3 |
| 1 | The aim of our program is to equip our students with the necessary skills and tools to have a firm understanding of economic theory and policymaking. Our graduates will be able to conceptualize economic problems, assess, analyze, and propose scientific solutions to them. | ✔ | |||
| 2 | Our students are expected to have interdisciplinary perspective to be able to follow and understand daily economic and political developments. | ✔ | |||
| 3 | Our program also trains students to be open to new ideas, be sensitive about social problems surrounding them and work towards providing solutions for these to share with their community. | ✔ | |||
0: No Contribution 1: Little Contribution 2: Partial Contribution 3: Full Contribution