- Course Code
- MVE107
- Semester
- First Term (Fall)
- Theory+Practice
- 3 + 0
- ECTS
- 4
| Course Type | Compulsory Course |
|---|
| Course Level | Associate Degree |
|---|
| Year of Study | 1 |
|---|
| Semester | First Term (Fall) |
|---|
| ECTS | 4 |
|---|
| Name of Lecturer(s) |
|
| Learning Outcomes |
At the end of this course, the students;
- Explain the real life applications of economics by using the theoretical framework thought in the classes.
- Know how prices and market equilibrium are determined.
- Use supply and demand analysis.
- Know how consumer equilibrium is reached.
- Know the relationship between costs and production.
|
| Mode of Delivery | Face to face |
|---|
| Prerequisites | No |
|---|
| Recommended Optional Programme Components | None |
|---|
| Course Description | The course is designed for giving the students the basic notions of microeconomics such as the subject of the economy as a science, goals, basic concepts, price system, demand and supply mechanism and elasticy, market price, consumer behaviors, production and organization theory, cost concepts, minimum cost production and equilibrium point. |
|---|
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
Introduction. What is economics |
|
2nd Week |
Opportunity cost and PPF |
|
3rd Week |
Demand and Supply I |
|
4th Week |
Demand And Supply II |
|
5th Week |
Demand Supply III |
|
6th Week |
Elasticities |
|
7th Week |
Price Control of Government |
|
8th Week |
Midterm exam |
|
9th Week |
Utility and Demand |
|
10th Week |
İndifference curves and Consumer Behavior |
|
11th Week |
Types of Markets and Competition |
|
12th Week |
Short Run Costs and Production |
|
13th Week |
Long Run Costs and Production |
|
14th Week |
Perfect Competition |
|
15th Week |
Review |
|
| Recommended or Required Reading | - Temel Ekonomi, Ertek, Tümay. (2010). |
|---|
| Planned Learning Activities and Teaching Methods |
|
|---|
| Assessment Methods and Criteria |
|
Quantity |
Percentage (%) |
| Mid-term |
1 |
40 |
| Assignment |
1 |
10 |
| Total(%) |
|
50 |
| Contribution of In-term Studies to Overall Grade(%) |
|
50 |
| Contribution of Final Examination to Overall Grade(%) |
|
50 |
| Total(%) |
|
100 |
|
| Language of Instruction | Turkish |
|---|
| Work Placement(s) | No |
|---|
Programme Qualifications / Learning Outcomes
|
LO1 |
LO2 |
LO3 |
LO4 |
LO5 |
| K1 |
|
|
|
|
|
| K2 |
|
|
|
|
|
| K3 |
|
|
|
|
|
| K4 |
|
|
|
|
|
| K5 |
|
|
|
|
|
| K6 |
|
|
|
|
|
| K7 |
|
|
|
|
|
| K8 |
|
|
|
|
|
| K9 |
|
|
|
|
|
| K10 |
|
|
|
|
|
