COURSE INFORMATION Course Title: INTRODUCTION TO ECONOMICS II

Code	Course Type	Regular Semester	Theory	Practice	Lab	Credits	ECTS
ECO 102	B	2	3	0	0	3	5

Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature)	NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	Arjona Çela , 8:45-10:45
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	NA
Teaching Assistant(s) and Office Hours:	NA
Language:	English
Compulsory/Elective:	Compulsory
Classroom and Meeting Time:	B013
Course Description:	Introduction to Economics II: This is an introductory macroeconomics course. The aim of the course is to develop an understanding of elementary macroeconomic analysis and its applications. By the end of the term, the student should have acquired a basic understanding of the main macroeconomic topics, including national income, aggregate demand and supply, an introduction to the real economy and money and prices in the long run and some basic concepts about inflation and unemployment trade-off. The material covered in this course will help the student to organize his/her ideas about economics.
Course Objectives:	The objective of this course is to develop an understanding of elementary factors of macroeconomics and give an overview of the macroeconomic equilibrium models of different countries to the students. It aims to learn to students an introduction to the real economy and money and prices in the long run and some basic concepts about inflation and unemployment trade-off.

COURSE OUTLINE

Week	Topics
1	Introduction to course and Overview of Macroeconomics
2	Measuring a Nations Income
3	Measuring the Cost of Living
4	Production and Growth
5	Saving, Investment, and the Financial System
6	The Basic Tools of Finance
7	Unemployment
8	Midterm Exam
9	The Monetary System
10	Money Growth and Inflation
11	Open-Economy Macroeconomics: Basic Concepts
12	A Macroeconomic Theory of the Open Economy
13	Aggregate Demand and Aggregate Supply
14	The Influence of Monetary and Fiscal Policy on Aggregate Demand

Prerequisite(s):	N.A.
Textbook:	N. G. Mankiw, Principles of Economics, 8th Edition, Cengage Learning 2017.
Other References:	Lecturers presentations, Lecture notes, and Khan Academy [www.khanacademy.org/]
Laboratory Work:	N.A.
Computer Usage:	N.A.
Others:	No

COURSE LEARNING OUTCOMES

1	Learning of economic measurements such as GDP, CPI, unemployment.
2	Analyzing of aggregate demand and aggregate supply
3	Understanding of role of money in the economy
4	Learning of economic growth and its determinants
5	Understanding the implications of open economy
6	Learning the implications of monetary and fiscal policy
7	Learning of macroeconomic fluctuations
8	Learning of working of macroeconomics in short and long run
9	Learning and understanding inflation

COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES (Blank : no contribution, 1: least contribution ... 5: highest contribution)

No	Program Competencies	Cont.
Bachelor in Political Science and International Relations (3 years) (Old) Program

COURSE EVALUATION METHOD

Method	Quantity	Percentage
Midterm Exam(s)	1	40
Final Exam	1	45
Attendance		5
Other	1	10
	Total Percent:	100%

ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)

Activities	Quantity	Duration(Hours)	Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours)	16	3	48
Hours for off-the-classroom study (Pre-study, practice)	16	2	32
Mid-terms	1	17	17
Assignments			0
Final examination	1	18	18
Other	1	10	10
Total Work Load:			125
Total Work Load/25(h):			5
ECTS Credit of the Course:			5