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About the Programme Academic Staff Program Qualifications Lessons Matrix of Course & Program Qualifications Turkish Qualifications Framework (TQF) TQF & Program Qualifications
  1. Graduate School
  2. Department of Economics
  3. PhD in Economics
  4. Course Structure Diagram with Credits
  5. Analysis of Macroeconomic Thought
  6. Description
  • Description
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Last Updated: 30/09/2026

Code - Course Title Course Type Laboratory + Practice ECTS
İKT636 - Analysis of Macroeconomic Thought II. SEMESTER 3 +0 7.5
Language of Instruction Türkçe
Course Type Elective Courses
Course Instructor(s) PROF. DR. HASAN İSLATİNCE
Mode of Delivery Direct Delivery (Face to face)
Place of Delivery
Used Educational Platforms
Prerequisites Master level economics knowledge
Courses Recomended Advanced Macroeconomics, History of Economic Thought
Recommended Resources Resources:1. Andrew B.Abel, Ben S.Bernanke, and Dean Croushore, “Macroeconomics”, 6th or 7th Edition, Pearson-Addison Wesley Longman Inc. Publishers.2. Brian Snowdon and Howard Vane, “Modern Macroeconomics, Its Origins, Development and Current State” 2005 edition.3. Romer, David “Advanced Macroeconomics”, 2nd or Latest edition, McGraw-Hill4. Edmund S. Phelps, Seven Schools of Macroeconomic Thought: The Arne Ryde Memorial Lectures (Ryde Lectures) 5. Paul Krugman “The Return Of Depression Economics And The Crisis Of 2008”,
Work Placement No
Aims of the Course

Weeks Learning Outcomes Topics Teaching Methods
Week - 1 The roots and Visions of Macroeconomy
Week - 2 Keynes Vs. Old Classical Thought
Week - 3 The Orthodox Keynesians and the interpretation of Keynes
Week - 4 Monetarist School and M. Friedman
Week - 5 The new Classical School and Rational Expectations
Week - 6 The Real Business Cycle (RBC) School
Week - 7 The Real Business Cycle (RBC) School (Cont.)
Week - 8 Midterm Exam
Week - 9 The New Keynesian (NKE) School
Week - 10 NKE cont. and an Assessment of NKE
Week - 11 The Austrian School and its Critique to Neoclassical Economics and Socialism and The Post-Keynesians
Week - 12 Economic Growth
Week - 13 Economic Growth (Cont.)
Week - 14 Final Exam

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