- Course Code
- SOS209
- Semester
- Fourth Term (Spring)
- Theory+Practice
- 3 + 0
- ECTS
- 4
| Course Type | Compulsory Course |
|---|
| Course Level | Bachelor's Degree |
|---|
| Year of Study | 2 |
|---|
| Semester | Fourth Term (Spring) |
|---|
| 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 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 of economics. Demand and supply models and the market equilibrium, elasticities of demand and supply and their uses, the theory of consumer behavior and demand, the theory of firm behavior and supply, the interaction of people in the markets, costs and the changes of firms over time, oligopoly and product differentiation, monopoly, monopolistic competition, antitrust policy and regulation, labor markets, taxes, transfers and income distribution. |
|---|
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
Introduction to Economics |
|
2nd Week |
Demand, Supply and Market Equilibrium |
|
3rd Week |
Household Behavior |
|
4th Week |
The Production Process |
|
5th Week |
Cost Analysis |
|
6th Week |
Perfect Competition and the Firm |
|
7th Week |
Market Structures |
|
8th Week |
Midterm Exam |
|
9th Week |
Introduction to Macroeconomy |
|
10th Week |
Inflation, Employment and Unemployment |
|
11th Week |
The Government and Fiscal Policy |
|
12th Week |
Aggregat Expenditure and Equilibrium Output |
|
13th Week |
Central Bank and Money Supply, Problems in Developing Countries |
|
14th Week |
Economic Growth and 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 |
14 |
3 |
42 |
| 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 | 120 |
| Total Work Load / 30 (h) | 4 |
| 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 |
| 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 |
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| K11 |
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