ECO102 MACROECONOMICS
| Course Code: | 3520102 |
| METU Credit (Theoretical-Laboratory hours/week): | 4 (4.00 - 0.00) |
| ECTS Credit: | 7.0 |
| Department: | Economics |
| Language of Instruction: | English |
| Level of Study: | Undergraduate |
| Course Coordinator: | Assoc.Prof.Dr. EMRE ÖZÇELİK |
| Offered Semester: | Spring Semesters. |
Course Objectives
The aim course aims to provide a basic understanding of macroeconomics. By the end of this course, you will be able to see how macroeconomics theory can be utilized to analyze complex economic problems and policies.
The course starts with a general introduction of what economics is all about. After the general introduction, the class focuses on key concepts and issues in macroeconomics such as national income, inflation, unemployment and growth. Then, product market and money market are analyzed in detail and fiscal and monetary policies are introduced in this context. Later on, the aggregate supply and demand are introduced and the impact of government policies is analyzed within this advanced framework. The course concludes with an introduction to international economics.
Course Content
This is an introduction to Macroeconomics course. The topics to be covered are: national income accounting, the theory of income determination, money and monetary policy, the aggregate demand/supply analysis, international trade and finance