Download course code - Umut Unal

ECON 210
COURSE NAME
Principles of Economics
SEMESTER
3
Course Language
Course Level
(Undergrad/Graduate)
Meeting Time
Course Faculty Member
Course Assistants
Contact Information
:
:
English
Undergraduate
:
:
:
:
Wednesday from 14:40 to 17:30
Assist. Prof. Dr. Umut Unal
Deniz Göktaş ([email protected])
[email protected]
http://www.umutunal.net
Classroom
Office Hours
:
:
MM 125
During the break time and/or after the lectures
Course Objective
Theory
Application
TOTAL
CREDIT
COURSE
CODE
HOUR
COURSE INFORMATION FORM (SYLLABUS)
3
0
3
3
0
3
:
This course emphasizes the conceptual tools to analyze the economic problems
facing modern society and the models used for policy-making decisions. Taking
this course will allow you to become knowledgeable of and able to critically
think about microeconomics and macroeconomics. Furthermore, you will also
be able to demonstrate the difference between major macroeconomic and
microeconomic issues. There are two parts of the course: microeconomics and
macroeconomics. The first part, microeconomics, is about the consumers' and
individual firms' decisions, how they determine the market price, how they
interact looks at the economy as a whole. The second part, whereas, looks at
the economy as a whole. Understanding the main concepts such as
unemployment, recessions, inflation, monetary policy, fiscal policy, budget
deficits and surpluses, will be the main goal of this part.
:
Case, E. Karl, Fair, C. Ray and Oster, M. Sharon, Principles of Economics. 11th
Edition. Pearson.
SOURCES
Required Text
GRADING
PERCENTAGE of GRADE
Mid-Term
Final
TOTAL
50%
50%
100%
COURSE CONTENT (Tentative)
1.
2.
3.
4.
5.
6.
The Scope and Method of Economics
The Economic Problem: Scarcity and Choice
Demand, Supply and Market Equilibrium
Demand and Supply Applications
Elasticity
Household Behavior and Consumer Choice
Midterm
7.
8.
9.
10.
11.
12.
Introduction to Macroeconomics
Measuring National Output and National Income
Unemployment, Inflation, and Long-Run Growth
The Government and Fiscal Policy
The Money Supply and the Federal Reserve System
Money Demand and the Equilibrium Interest Rate*
*If time permits
COURSE POLICY

Regular attendance of classes is strongly recommended. I might make some changes in exam and quiz
dates and material, etc. If you somehow miss a class, it is your responsibility to know about such inclass happenings. I will never respond to the emails asking about the chapters you are responsible in
the exam!

It is also your responsibility to check out my website (aforementioned above) to be able to keep up with
the latest happenings, and to follow-up homeworks, grades and etc.

When you send me an email, please include ECON 210 in the subject line. If you contact me via email,
you can expect me to respond within 24 hours not in 5 minutes.

Please keep in mind that I will never respond to a question via email if the answer is already in the
syllabus.

GRADES ARE NOT NEGOTIABLE. Do not contact me after the final semester grades have been posted
asking me to change your grade for any reason. [Of course, if you believe your grade was posted
erroneously by all means DO contact me.]

Please turn your cell phones and other electronic devices off prior to entering the classroom.

No books, notes, problem sets, cell phones, Blackberries, laptop computers, nor any other materials may
be consulted during exams. You must also bring your Student ID to the exam.

If you forget to bubble your name or ID number on the exam scantron, you will definitely get zero for
that exam (This issue is completely technical).

Use pencil in the exams!

No late make-ups will be given. A legitimate excuse will be needed to qualify for an early make-up. A
student who misses an exam or quiz due to an emergency should submit written documentation about
the emergency to qualify for a ‘no-grade’ (no-grade means that that particular test or quiz is not
counted in the calculation of the course grade). A business related absence does not qualify for a ‘nograde’.
UNIVERSITY HONOR CODE
Cheating and attempted cheating, plagiarism, lying, and stealing of academic work and related materials
constitute Honor Code violations, and will not be tolerated in this class. Cases of academic dishonesty will be
pursued according to the guidelines detailed in the Middle East Technical University regulations. These policies
include, though are not limited to, METU’s policies regarding to disability, plagiarism