INTRODUCTION TO ECONOMICS

SW131

Course Code: SW131
Semester: First Term (Fall)
Theory+Practice: 3 + 0
ECTS: 3

Course Type

Compulsory Course

Course Level

Bachelor's Degree

Year of Study

Semester

First Term (Fall)

ECTS

Name of Lecturer(s)

Professor Çiğdem Baskıcı

Learning Outcomes

At the end of this course, the students;

Will learn basic economic concepts
Will comment on economic issues
Will have an economic approach to decision making
Will be able to define, formulate and think about economic problems.

Mode of Delivery

Face to face

Prerequisites

Recommended Optional Programme Components

There is no recommended optional programme component for this course.

Course Description

This course aims to explain the basic macroeconomic concepts to students by focusing on the basic principles of microeconomics, which analyzes the decisions and behaviors of each unit of the economy (household, firms and government), and the determinants of national income level, prices and labor force.

Course Contents

WEEK	TOPICS
1^st Week	discussionMeeting, General Information about the Course
2^nd Week	Economics, Economic Issues and Economic Analysis
3^rd Week	Supply, Demand and Market Equilibrium
4^th Week	Supply, Demand and Market Equilibrium
5^th Week	Consumer Equilibrium
6^th Week	Consumer Equilibrium and Changing Consumer Equilibrium
7^th Week	Basic Macro Concepts
8^th Week	Midterm
9^th Week	Economic Growth and Fluctuations
10^th Week	Measuring Output: Measuring GDP
11^th Week	Inflation: Measuring Inflation
12^th Week	Unemployment: Measuring and Types of Unemployment
13^th Week	Unemployment: The Cost of Unemployment
14^th Week	General Evaluation
15^th Week	Discussion

Recommended or Required Reading

Erdal Ünsal. Mikro İktisada Giriş, İmaj Yayınevi.

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	1.5	1.5
Preparation for Quiz
Individual or group work	14	2	28
Preparation for Final exam	4	3	12
Course hours	14	3	42
Preparation for Midterm exam	3	2	6
Laboratory (including preparation)
Final exam	1	2	2
Homework
Presentation (including preperation)
Project
Quiz
Take-home
Field Research
Meeting with advisor
Performance Practice
Book Presentation
Article Presentation
Case Study Presentation
Thesis Proposal
Article
Thesis Research
Weekly Articles and Resource Research
Preperation for Presentations
Total Work Load			91.5
Total Work Load / 30 (h)			3.05
ECTS Credit of the Course			3

Language of Instruction

Turkish

Work Placement(s)

Programme Qualifications / Learning Outcomes

	LO1	LO2	LO3	LO4
K1	X	X	X	X
K2			X	X
K3	X	X	X	X
K4				X
K5	X	X	X	X
K6	X	X	X	X
K7	X	X	X	X