GAZI UNIVERSITY INFORMATION PACKAGE - 2019 ACADEMIC YEAR

COURSE DESCRIPTION
INTERNATIONAL MACROECONOMICS AND ECONOMETRIC MODELS/EKON416
Course Title: INTERNATIONAL MACROECONOMICS AND ECONOMETRIC MODELS
Credits 3 ECTS 5
Semester 8 Compulsory/Elective Elective
COURSE INFO
 -- LANGUAGE OF INSTRUCTION
  Turkish
 -- NAME OF LECTURER(S)
  Professor Alpaslan Akçoraoğlu
 -- WEB SITE(S) OF LECTURER(S)
  http://websitem.gazi.edu.tr/site/akcora
 -- EMAIL(S) OF LECTURER(S)
  akcora@gazi.edu.tr
 -- LEARNING OUTCOMES OF THE COURSE UNIT
Learn the fondamental open-economy macroeconomic models in the literature.
Learn theoretical models of international macroeconomics
Understand empirical applications of open-economy macroeconomic models.
Have the knowledge of international macroeconomic and financial events of today's World.
Gain an insight of global economic problems.




 -- 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  Models of Exchange Rate Determination
2. Week  Some Parity Conditions in International Finance
3. Week  Purchasing Power Parity and Balassa-Samuelson Hypothesis
4. Week  Monetary Models of Exchange Rates
5. Week  An Overview of Balance of Payments and Twin Deficits Hypothesis
6. Week  Mechanisms and Theories of External Equilibrium I
7. Week  Mechanisms and Theories of External Equilibrium II
8. Week  MIDTERM
9. Week  International Capital Flows and Global Integration (Feldstein-Horioka Puzzle, Impossible Trinity, Monetary Unions and European Monetary Union)
10. Week  Open-economy Macroeconomic Models: Mundell-Fleming Model I
11. Week  Open-economy Macroeconomic Models: Mundell-Fleming Model II
12. Week  Economic Growth and International Convergence Convergence in Solow Model)
13. Week  Economic Growth and International Convergence (Beta and Sigma Convergence)
14. Week  Gains from Globalization of International Capital Markets I
15. Week  Gains from Globalization of International Capital Markets II
16. Week  FINAL
 -- RECOMMENDED OR REQUIRED READING
  Robert C. Feenstra and Alan M. Taylor; "International Macroeconomics", Worth Publishers, 2nd Edition, 2012. Halil Seyidoğlu, "Uluslar arası Finans", Güzem Can Yayınları, 2003.
 -- PLANNED LEARNING ACTIVITIES AND TEACHING METHODS
  Lecture, Question & Answer, Demonstration, Drill - Practise
 -- WORK PLACEMENT(S)
  NONE
 -- 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
14
3
42
 Practising Hours of Course Per Week
0
 Reading
14
1
14
 Searching in Internet and Library
7
1
7
 Designing and Applying Materials
0
 Preparing Reports
1
10
10
 Preparing Presentation
0
 Presentation
0
 Mid-Term and Studying for Mid-Term
2
7
14
 Final and Studying for Final
2
15
30
 Other
0
 TOTAL WORKLOAD: 
117
 TOTAL WORKLOAD / 25: 
4.68
 ECTS: 
5
 -- COURSE'S CONTRIBUTION TO PROGRAM
NO
PROGRAM LEARNING OUTCOMES
1
2
3
4
5
1Having the professional expertise and skills on theoretical and practical aspects of econometrics, statistics and operational research.X
2Having qualities for professional competence in order to work in career fields such as inspector or assistant specialist or working department of research-development in public institutions and organizations, the private sector and civil society organizations.X
3Having knowledge about other disciplines such as economics, managements, public finance and law related to econometrics.X
4Having appropriate behavior of econometrics in the field of social, scientific, cultural and ethical values, applicability of gained knowledge and skills in accordance with the principle of responsibility to social and working life.X
5Having skills about foreign language and information system related to the fields in academic and working life.X
6Having skills about selecting, using and evaluating of appropriate statistical, econometric and mathematical programming methods, based on theoretical and practical knowledge acquired in the field related to the current problems faced by.X
7Having skills to work with the team for reach fruitful results in interdisciplinary and interdisciplinary studies.X
8Having knowledge of research methods in the field of institutions and organizations planning projects, managing, and to conduct independent researches.X
9Having qualities for analytical thinking, prospecting and bring scientific solutions to problems as a researcher.X
10Having skills to comprehension, application and evaluation about terms and basic theory of econometrics.X
11Having skills to comprehension, application and evaluation about terms and basic theory of statistics.X
12Having skills to comprehension, application and evaluation about terms and basic theory of statistics.X
13Using some of the basic econometric and statistical software programs.X