GAZI UNIVERSITY INFORMATION PACKAGE - 2019 ACADEMIC YEAR

COURSE DESCRIPTION
THEORIES OF ECONOMIC CYCLE/IKTI306
Course Title: THEORIES OF ECONOMIC CYCLE
Credits 3 ECTS 5
Semester 6 Compulsory/Elective Elective
COURSE INFO
 -- LANGUAGE OF INSTRUCTION
  Turkish
 -- NAME OF LECTURER(S)
  Ass. of Prof.Ömer Tanju Durusoy
 -- WEB SITE(S) OF LECTURER(S)
  www.gazi.edu.tr/~durusoy
 -- EMAIL(S) OF LECTURER(S)
  durusoy@gazi.edu.tr
 -- LEARNING OUTCOMES OF THE COURSE UNIT
Basic economic analysis
Able to analyze the macro.
Understanding of national economic developments.
Understanding of international economic developments.
Understanding the formation and development of the national production and income.
Analyze a series of production and income.
To use econometric tools and methods.
Understanding of economic fluctuations.
Classical theories of learning in order to explain the business cycles.
Modern learning theories of business cycles.
 -- MODE OF DELIVERY
  The mode of delivery of this course is Face to face
 -- PREREQUISITES AND CO-REQUISITES
  There is no prerequisite or co-requisite for this course.
 -- RECOMMENDED OPTIONAL PROGRAMME COMPONENTS
  There is no recommended optional programme component for this course.
 --COURSE CONTENT
1. Week  Definition and types of business cycles.
2. Week  Some basic problems related to cyclical fluctuations.
3. Week  Leading indicators and reference series.
4. Week  Some models are predicting a recession.
5. Week  Economic crises in the world.
6. Week  Economic crises in Latin America and in Asia.
7. Week  Economic crises in Turkey.
8. Week  Midterm
9. Week  Some of the basic theories explaining economic fluctuations.
10. Week  The modern interpretation of cyclical fluctuations.
11. Week  Schumpeter, Veblen and Duesenberry approaches.
12. Week  Keynesian Income-Expenditure Model.
13. Week  Monetarist Business Cycle theory.
14. Week  Real Business Cycle Theory.
15. Week  Post-Keynesian and New Keynesian approaches.
16. Week  Empirical applications.
 -- RECOMMENDED OR REQUIRED READING
  -
 -- PLANNED LEARNING ACTIVITIES AND TEACHING METHODS
  Lecture
 -- WORK PLACEMENT(S)
  -
 -- ASSESSMENT METHODS AND CRITERIA
 
Quantity
Percentage
 Mid-terms
1
40
 Assignment
0
0
 Exercises
0
0
 Projects
0
0
 Practice
0
0
 Quiz
0
0
 Contribution of In-term Studies to Overall Grade  
40
 Contribution of Final Examination to Overall Grade  
60
 -- WORKLOAD
 Efficiency  Total Week Count  Weekly Duration (in hour)  Total Workload in Semester
 Theoretical Study Hours of Course Per Week
15
3
45
 Practising Hours of Course Per Week
0
 Reading
15
2
30
 Searching in Internet and Library
15
1
15
 Designing and Applying Materials
0
 Preparing Reports
0
 Preparing Presentation
0
 Presentation
0
 Mid-Term and Studying for Mid-Term
1
15
15
 Final and Studying for Final
1
20
20
 Other
0
 TOTAL WORKLOAD: 
125
 TOTAL WORKLOAD / 25: 
5
 ECTS: 
5
 -- COURSE'S CONTRIBUTION TO PROGRAM
NO
 PROGRAM LEARNING OUTCOMES
1
2
3
4
5
1To have theoretical and practical knowledge about the fields of Economic Theory, Economic Development and International Economics, Economic History and Economic PolicyX
2To gain professional qualification to work in public institutions and private sector organizations as an inspector, assistant expert or auditorX
3To have knowledge about the other disciplines related to EconomicsX
4To have adequate social responsibility and awareness with regards to the needs of the society, and also to be aware of professional and scientific ethical codesX
5To have the experience of using information technologies and basic computer programs in order to share their accumulated knowledge and problem solving ability, and communicate with colleagues in a foreign languageX
6To have a knowledge of the quantitative and qualitative methods that will help to examine the premises of different theoriesX
7To be able to utilize the academic, professional, regional, and global networks efficiently, and to interpret the legislationX
8To be compatible for teamwork in order to use their accumulated knowledge in the national and the international research projectsX
9To have the ability to interpret economic and social events through the acquired capability to think analytically and critically, and to be open for innovative ideasX
10To be able to evaluate the practical implications of the knowledge about economic theoryX
11To be able to analyze the effects of international economic relationsX
12To evaluate the development of economic theories and economic problems from a historical perspectiveX
13To have knowledge about the effects of various economic policies in order to develop solutions for current economic problemsX