Lecture Notes of

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Yıldız Technical University
Department of Economics
Introduction to Economics II (0311022 - Groups 1, 2, 3 and 4)
Dr. Seçkin Sunal
Office:
S-A9
e-mail:
seckinsunal@gmail.com
Office Hours: Wednesday 17:00-18:00
Thursday 14:00-16:00
Dr. Yasemin A. Çırpıcı
Office:
KH7
e-mail:
yusanmaz@yahoo.com
Office Hours: Wednesday 14:00-16:00
Lecture Hours and Rooms
Group 1:
Wednesday, 10:00-12:50 (B202)
Group 2:
Thursday, 16:00-18:50 (B201)
Group 3:
Thursday, 19:00-21:50 (B201)
Lecture Hours and Rooms
Group 4:
Tuesday, 10:00-12:50 (B202)
Syllabus
In this course, unlike that in previous semester, standard topics for introductory macroeconomics will
be covered. However, since we lost some valuable lecture hours in the previous semester, in the first
two weeks will do some catching up and cover two topics, which normally was on the schedule of
Introduction to Economics I.
In previous semester’s course, we focused entirely on the behaviours of the actors in an economy,
firms, individuals and the government, namely. However, usual topics to be covered in a standard
macroeconomics course, to which ours is no exception, generally analyze aggregated economic
activity, rather than individual. Briefly, these topics are comprised of measuring national income,
production and growth, money and prices, long run and short run analysis, open economy
macroeconomics, unemployment and inflation. Along with the conduct of the course, you will have
the opportunity to gain a clear understanding of the working of our national economy and the world
economy as a whole.
Lectures will be held in a similar fashion to those in the first semester. The same textbook and
slideshows, most of you already have, will be utilized during the lectures. Let me repeat my
recommendation that you take the printouts of the slides prior to the lectures and take your notes on
these printouts. When you have them bound, you may have collected a complete series of slides and
lecture notes.
All students are expected to attend the classes and have a prior examination of the subject, which may
involve, preferably, reading the material beforehand or at least taking a glance at the slides and
learning some of the vocabulary. Similar, again, to the first semester, all students attending the lectures
are supposed to exhibit appropriate conduct and not to violate others’ right to be lectured in a decent
and silent environment. Interrupting the lecture with your questions relevant to the subject is
encouraged and welcome.
Two mid-term exams will constitute 60 percent of your overall grade while the remaining 40 percent
will be due to your final exam. Quizzes and assignments will be evaluated as an extra contribution to
your overall grade. Assignments are supposed to be typed (not handwritten) and submitted via e-mail
rather than being printed and submitted in class. Attendance and participation will also be evaluated as
a contributing factor and any fraud attempts detected will be punished. Plagiarism in assignments and
cheating in exams will also be punished in accordance with appropriate formal procedure.
Within this week, all students are expected to send a blank e-mail to seckinsunal@gmail.com with the
name of the course and their group number written in the subject field for required arrangements and
access to resources electronically available. E-mail address for submitting homework is
seckins.tdemo@analysis.urkund.com
Sources

Parkin, M., (2012), Economics, 10th Edition, Pearson.

Slides.

Handouts and lecture notes.
Topics
11.02.2013 - 15.02.2013
Introduction, Monopoly, [Parkin, Ch. 13].
18.02.2013 - 22.02.2013
Monopolistic Competition, Oligopoly, [Parkin, Ch. 14, 15].
25.02.2013 - 01.03.2013
Measuring GDP and Economic Growth, [Parkin, Ch. 21].
04.03.2013 - 08.03.2013
Unemployment and Inflation, [Parkin, Ch. 22].
11.03.2013 - 15.03.2013
Economic Growth, [Parkin, Ch. 23].
18.03.2013 - 22.03.2013
Finance, Saving and Investment, [Parkin, Ch. 24].
25.03.2013 - 29.03.2013
Money and Inflation, [Parkin, Ch. 25].
01.04.2013 - 05.04.2013
Open Economy Macroeconomics (1), [Parkin, Ch. 26].
08.04.2013 - 12.04.2013
Midterm (Tentative)
15.04.2013 - 19.04.2013
Open Economy Macroeconomics (2), [Parkin, Ch. 26].
22.04.2013 - 26.04.2013
Aggregate Demand and Aggregate Supply, [Parkin, Ch. 27].
29.04.2013 - 03.05.2013
Keynesian Model (1), [Parkin, Ch. 28].
06.05.2013 - 10.05.2013
Keynesian Model (2), [Parkin, Ch. 28].
13.05.2013 - 17.05.2013
Economic Policies (1), [Parkin, Ch. 30].
20.05.2013 - 24.05.2013
Economic Policies (2, [Parkin, Ch. 31].
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