ECON122 PRINCIPLES OF MACROECONOMICS

Course Code:3110122
METU Credit (Theoretical-Laboratory hours/week):3 (3.00 - 0.00)
ECTS Credit:6.0
Department:Economics
Language of Instruction:English
Level of Study:Undergraduate
Course Coordinator:Assoc.Prof.Dr. PINAR DERİN GÜRE
Offered Semester:Fall Semesters.

Course Objectives

The objective of this course is to enable the students to understand the basic macroeconomics concepts. More specifically, the national income determination, monetary and fiscal policies and international trade theories are discussed at introductory level.


Course Content

Introductory macroeconomics course designed for non-departmental students. The nature of economics. The elements of supply and demand. Theory of income determination. Money and banking. Fundamentals of macroeconomic policy, monetary and fiscal policy. Basics of international trade.


Course Learning Outcomes

By the end of the course, students will be able to define and analyse a macroeconomic problem.It is expected that a student can explain the causes of a specific situation and identify alternative solutions.