Year 4 · Fall 30 AKTS
Year 4 · Spring 30 AKTS
ECON 2103

Macroeconomic Theory I

7.00 AKTS 3.00 Credits English

Instructor: Doç. Dr. Kemal ERKİŞİ

Course Objectives

This course aims to provide students with a solid foundation in the fundamental concepts, principles, and analytical tools of macroeconomic theory. It examines the measurement of aggregate economic activity; the determinants and implications of unemployment, inflation, and long-run economic growth; and the relationships among saving, investment, and the financial system. The course also analyzes short-run macroeconomic fluctuations through the income–expenditure and aggregate demand–aggregate supply frameworks, introduces the basic role of fiscal policy, and examines money, banking, and the central bank in macroeconomic stabilization. Finally, it introduces the basic concepts of open-economy macroeconomics and prepares students for more advanced macroeconomic theory and policy analysis.

Prerequisites / Corequisites

None.

Course Books / Materials / Recommended Resources

Textbook:Krugman, P., & Wells, R. (2014). Macroeconomics in Modules. Worth Publishers.Recommended Readings:Mishkin, F. S. (2015). Macroeconomics: Policy and Practice (2nd Global ed.). Pearson.Mankiw, N. G. (2019). Macroeconomics. Macmillan Higher Education.Taylor, J. B., & Weerapana, A. (2020). Principles of Macroeconomics (Version 9.0). FlatWorld.Other Materials:Lecture notes, presentation materials, and additional resources provided by the instructor.

Academic Integrity and Artificial Intelligence

Students are required to comply with the principles of academic integrity in this course. They are expected to avoid plagiarism, cheating, unauthorized collaboration, and any form of academic misconduct in assignments, exams, presentations, and other academic work. Artificial intelligence tools may only be used when explicitly permitted by the instructor and within the specified limits. Even when such use is permitted, AI-generated content cannot replace the student’s own academic judgment and responsibility.

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