Information Package

Program of Business Administration

KİY201

GENERAL ECONOMICS

Course Code
KİY201
Semester
Third Term (Fall)
Theory+Practice
3 + 0
ECTS
5
Course TypeCompulsory Course
Course LevelAssociate Degree
Year of Study2
SemesterThird Term (Fall)
ECTS5
Name of Lecturer(s) -
Learning Outcomes

At the end of this course, the students;

  1. Knows the basic concepts of economics, comprehends the objectives and methods of analysis
  2. Explain the concepts of demand, supply, elasticities and market equilibrium
  3. Explain consumer and producer balance, production costs and market types
  4. Know the national income and calculation methods, explains the formation of equilibrium national income level
  5. Know the concepts of employment, unemployment, inflation, money, money market and monetary policy
  6. Explain the concepts of economic growth and development
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsNone
Course DescriptionIt is a social science course that examines how scarce resources are used to meet unlimited human needs, and the production, consumption, and distribution choices of individuals and societies at the micro and macro levels.
Course Contents
WEEK TOPICS
1st Week Basic concepts, the observation and explanation of the economy, needs, scarcity, and the necessity of choice
2nd Week Opportunity cost, factors of production
3rd Week Market, fundamental concepts of supply and demand
4th Week Supply and demand curves, concepts of elasticity
5th Week Equilibrium price
6th Week Consumer behavior, utility approach
7th Week Cost concepts.
8th Week Midterm
9th Week Perfectly competitive market, monopoly market
10th Week Monopolistically competitive and oligopoly market
11th Week Macroeconomic concepts
12th Week Fiscal policies
13th Week Savings function, Inflation
14th Week Investment demand
Recommended or Required Reading1. John, B, Taylor. Economics. New York, Houghton Mifflin
2. Zeynel DİNLER,, İktisada Giriş.
3. Orhan TÜRKAY, İktisat Teorisine Giriş
Planned Learning Activities and Teaching Methods
  • Lecture
  • Discussion
  • Practice
  • Presentation
  • Project
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 40
Total(%) 40
Contribution of In-term Studies to Overall Grade(%) 40
Contribution of Final Examination to Overall Grade(%) 60
Total(%) 100
ECTS Allocated Based on Student Workload
Activities Quantity Duration (Hour) Total Workload (Hour)
Midterm exam 1 1 1
Preparation for Quiz
Individual or group work 14 3 42
Preparation for Final exam 1 40 40
Course hours 14 3 42
Preparation for Midterm exam 1 30 30
Laboratory (including preparation)
Final exam 1 1 1
Homework
Total Work Load156
Total Work Load / 30 (h)5.2
ECTS Credit of the Course5
Language of InstructionTurkish
Work Placement(s)No
LO1 LO2 LO3 LO4 LO5 LO6
K1 X X X X X X
K2
K3
K4
K5
K6
K7
K8
K9
K10
K11
K12
K13 X X X X X X