INTERNATIONAL BURCH UNIVERSITY
Faculty of Economics and Social Sciences
Department of International Business
2016-2017

SYLLABUS
Code Name Level Year Semester
IBS 202 Macroeconomics Undergraduate 2 Spring
Status Number of ECTS Credits Class Hours Per Week Total Hours Per Semester Language
Compulsory 5 2 + 1 101 English

Instructor Assistant Coordinator
Nataša TANDIR, Assist. Prof. Dr. Natasa Tandir Nataša TANDIR, Assist. Prof. Dr.
[email protected] [email protected] no email

Macroeconomics seeks to put clarity and understanding in the mind of the student through its vivid exploration of the tension between self-interest and the social interest, the role and power of incentives and demonstrating the possibility that markets supplemented by other mechanisms might allocate resources efficiently.

COURSE OBJECTIVE
Course objective is for students to begin to think about issues the way real economists do and learn how to explore difficult policy problems and make more informed decisions.

COURSE CONTENT
Week
Topic
  1. Introduction, Macroeconomic Indicators
  2. Production and Growth
  3. Saving, Investment, and the Financial System
  4. The Basic Tools of Finance
  5. Unemployment
  6. The Monetary System
  7. Money Growth and Inflation
  8. Midterm Exam
  9. Open Economy Macroeconomics: Basic Concepts
  10. A Macroeconomic Theory of the Open Economy
  11. Aggregate Demand and Aggregate Supply
  12. The Influence of Monetary and Fiscal Policy on Aggregate Demand
  13. The Short-Run Trade-off between Inflation and Unemployment
  14. Six Debates over Macroeconomic Policy
  15. Preparation for Final Exam

LABORATORY/PRACTICE PLAN
Week
Topic

    TEACHING/ASSESSMENT
    Description
    • Interactive Lectures
    • Presentation
    • Discussions and group work
    • Problem solving
    • Assignments
    • Case Studies
    • Use of educational films
    Description (%)
    Method Quantity Percentage (%)
    Quiz210
    Homework25
    Midterm Exam(s)130
    Final Exam140
    +Project115
    Total: 100
    Learning outcomes
    • give you a better understanding of both the potential and the limits of economic policy.
    TEXTBOOK(S)
    • Gregory Mankiw (2012) Brief Principles of Macroeconomics, 6th edition, Cengage Learning, USA

    ECTS (Allocated based on student) WORKLOAD
    Activities Quantity Duration (Hour) Total Work Load
    Lecture (14 weeks x Lecture hours per week)14228
    Laboratory / Practice (14 weeks x Laboratory/Practice hours per week)14114
    Midterm Examination (1 week)122
    Final Examination(1 week)122
    Preparation for Midterm Examination15115
    Preparation for Final Examination15115
    Assignment / Homework/ Project5525
    Seminar / Presentation 0
    Total Workload: 101
    ECTS Credit (Total workload/25): 4