- Course Code
- SOS213
- Semester
- Third Term (Fall)
- Theory+Practice
- 3 + 1
- ECTS
- 4
| Course Type | Compulsory Course |
|---|
| Course Level | Bachelor's Degree |
|---|
| Year of Study | 2 |
|---|
| Semester | Third Term (Fall) |
|---|
| ECTS | 4 |
|---|
| Name of Lecturer(s) |
|
| Learning Outcomes |
At the end of this course, the students;
- Have the broad education necessary to understand the impact of engineering solutions in a global, economic, environmental, and societal context.
- Have a knowledge of contemporary issues.
- Understand the basic principles of Macroeconomics.
- Have an ability to explain the reasons of the economic problems and to be able to formulate economic models.
- Interpret of monetary and fiscal policies.
|
| Mode of Delivery | Face to face |
|---|
| Prerequisites | No |
|---|
| Recommended Optional Programme Components | None |
|---|
| Course Description | Basic concepts of economics, tools of economic analysis, the process of modeling, demand and supply models and the market equilibrium, elasticities of demand and supply and their uses, the theory of consumer behaviour and demand, the theory of firm behaviour and supply, monopolistic competition, oligopoly and product differentiation, antitrust policy and regulation, physical capital and financial markets, basic concepts of macroeconomics, measuring the production, income, spending, employment and unemployment of nations and growth and inflation, aggregate expenditures, fiscal policy, economic growth international trade and emerging market economies. |
|---|
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
The Scope and Method of Economics |
|
2nd Week |
The Economic Problem: Scarcity and Choice |
|
3rd Week |
Demand, Supply, and Market Equilibrium |
|
4th Week |
Elasticity |
|
5th Week |
Household Behavior and Cosumer Choice |
|
6th Week |
The Production Process: Profit-Maximizing Firm Short-Run Costs and Output Decision Long-Run Costs and Output Decisions |
|
7th Week |
General Equilibrium and Perfect Competition |
|
8th Week |
ARASINAV |
|
9th Week |
Introduction to Macroeconomics Measuring National Output |
|
10th Week |
Unemployment, Inflation and Long-Run Growth |
|
11th Week |
Aggregate Expenditure & Equilibrium Output The Government and Fiscal Policy |
|
12th Week |
Money, Central Bank (C.B.) and Interest Rate |
|
13th Week |
Money, Central Bank (C.B.) and Interest Rate |
|
14th Week |
Determination of Aggregate Output Overview |
|
15th Week |
|
|
| Recommended or Required Reading | Taylor, J.B. (2001) Economics, Houghton Mifflin,
Ünsal, E.M. Makro İktisat
|
|---|
| Planned Learning Activities and Teaching Methods |
- Lecture
- Problem Solving
- Questions/Answers
- Practice
|
|---|
| Assessment Methods and Criteria |
|
Quantity |
Percentage (%) |
| Mid-term |
1 |
30 |
| Quiz |
2 |
20 |
| Project |
1 |
20 |
| Total(%) |
|
70 |
| Contribution of In-term Studies to Overall Grade(%) |
|
70 |
| Contribution of Final Examination to Overall Grade(%) |
|
30 |
| Total(%) |
|
100 |
|
| ECTS Allocated Based on Student Workload |
| Activities |
Quantity |
Duration (Hour) |
Total Workload (Hour) |
| Midterm exam |
1 |
2 |
2 |
| Preparation for Quiz |
4 |
5 |
20 |
| Individual or group work |
14 |
1 |
14 |
| Preparation for Final exam |
1 |
10 |
10 |
| Course hours |
14 |
4 |
56 |
| Preparation for Midterm exam |
1 |
10 |
10 |
| Laboratory (including preparation) |
|
|
|
| Final exam |
1 |
2 |
2 |
| Homework |
1 |
5 |
5 |
| Total Work Load | 119 |
| Total Work Load / 30 (h) | 3.96 |
| ECTS Credit of the Course | 4 |
|
| Language of Instruction | - |
|---|
| Work Placement(s) | No |
|---|
Programme Qualifications / Learning Outcomes
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LO1 |
LO2 |
LO3 |
LO4 |
LO5 |
| K1 |
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X |
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| K2 |
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X |
X |
| K3 |
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| K4 |
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| K5 |
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| K6 |
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| K7 |
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| K8 |
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X |
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| K9 |
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| K10 |
X |
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| K11 |
X |
X |
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