- Course Code
- SOS203
- Semester
- Third Term (Fall)
- Theory+Practice
- 3 + 0
- 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;
- To have knowledge about economics issues in order to understand the effects of engineering solutions in global and aggregate economies.
- To have knowledge about Risk Analysis and Decision Making.
- To have information about contemporary economic problems.
- Understands the basic principles of macroeconomics.
- Explain the causes of economic problems and form economic models.
- Interpret finance and monetary policies.
|
| Mode of Delivery | Face to face |
|---|
| Prerequisites | No |
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| Recommended Optional Programme Components | None |
|---|
| Course Description | Basic concepts. Supply and demand model, flexibility and usage areas, demand curve and consumer behavior, supply curve and firm behavior, interaction of individuals in markets, risk analysis and decision making, change of companies and industries over time, monopoly, product differentiation, monopolistic competition and oligopoly, anti -monopoly policies and regulation, labor markets, taxes, transfers and income distribution, sustainable development. |
|---|
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
Basic Principles of Economics |
|
2nd Week |
Markets and How Markets Work |
|
3rd Week |
Demand and Supply |
|
4th Week |
Consumer |
|
5th Week |
Producer Theory |
|
6th Week |
Risk Analysis and Decision Making |
|
7th Week |
Society and State |
|
8th Week |
Midterm |
|
9th Week |
Introduction to Macroeconomy |
|
10th Week |
Inflation, Employment and Unemployment |
|
11th Week |
Cost Policy |
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12th Week |
Monetary Policy |
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13th Week |
International Trade |
|
14th Week |
Sustainable Development |
|
| Recommended or Required Reading | Taylor, J.B. (2004) Economics,
Houghton Mifflin, Çolak, Ö. F. (2008), İktisat |
|---|
| Planned Learning Activities and Teaching Methods |
- Lecture
- Discussion
- Questions/Answers
- Presentation
|
|---|
| Assessment Methods and Criteria |
|
Quantity |
Percentage (%) |
| Mid-term |
1 |
30 |
| Assignment |
5 |
10 |
| Attendance |
1 |
10 |
| Total(%) |
|
50 |
| Contribution of In-term Studies to Overall Grade(%) |
|
50 |
| Contribution of Final Examination to Overall Grade(%) |
|
50 |
| Total(%) |
|
100 |
|
| ECTS Allocated Based on Student Workload |
| Activities |
Quantity |
Duration (Hour) |
Total Workload (Hour) |
| Midterm exam |
1 |
2 |
2 |
| Preparation for Quiz |
0 |
0 |
0 |
| Individual or group work |
13 |
1 |
13 |
| Preparation for Final exam |
1 |
28 |
28 |
| Course hours |
13 |
3 |
39 |
| Preparation for Midterm exam |
1 |
23 |
23 |
| Laboratory (including preparation) |
0 |
0 |
0 |
| Final exam |
1 |
2 |
2 |
| Homework |
2 |
5 |
10 |
| Total Work Load | 117 |
| Total Work Load / 30 (h) | 3.9 |
| ECTS Credit of the Course | 4 |
|
| Language of Instruction | Turkish |
|---|
| Work Placement(s) | No |
|---|
Programme Qualifications / Learning Outcomes
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LO1 |
LO2 |
LO3 |
LO4 |
LO5 |
LO6 |
| K1 |
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| K2 |
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| 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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| K9 |
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| K10 |
X |
X |
X |
X |
X |
X |
| K11 |
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