Information Package

Program of Foreign Trade

KDT123

GENERAL ECONOMICS

Course Code
KDT123
Semester
First Term (Fall)
Theory+Practice
3 + 0
ECTS
5
Course TypeCompulsory Course
Course LevelAssociate Degree
Year of Study1
SemesterFirst Term (Fall)
ECTS5
Name of Lecturer(s) -
Learning Outcomes

At the end of this course, the students;

  1. Know 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 DescriptionThe aim of this course is to teach basic concepts of economics, objectives and methods of analysis, demand, supply and market equilibrium, elasticities, consumer and producer equilibrium, production costs, market types, national income, employment and unemployment, inflation, money, money market and monetary policy, economic growth and development.
Course Contents
WEEK TOPICS
1st Week Basic Concepts of Economics
2nd Week Objectives of Economics and Methods of Analysis
3rd Week Demand, Supply and Market Equilibrium
4th Week Demand and Supply Elasticities
5th Week Consumer and Producer Equilibrium
6th Week Production Costs
7th Week Market Types
8th Week Midterm Exam
9th Week National Income
10th Week Determination of The Equilibrium Level of Prices and National İncome
11th Week Employment and Unemployment
12th Week Inflation
13th Week Money, Money Market and Monetary Policy
14th Week Economic Growth and Development
Recommended or Required Reading1. Tümay ERTEK. Temel Ekonomi. 3.Baskı, Beta Yayınları.
2. M.İlker PARASIZ. İktisadın A B C si. 14.Baskı, Ezgi Kitabevi.
3. Gülden ÜLGEN. İktisat Bilimine Giriş. 5.Baskı, DER Yayınları.
Planned Learning Activities and Teaching Methods
  • Lecture
  • Discussion
  • Questions/Answers
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 14 3 42
Course hours 14 3 42
Preparation for Midterm exam 7 3 21
Laboratory (including preparation)
Final exam 1 1 1
Homework
Total Work Load149
Total Work Load / 30 (h)4.96
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
K14