| Course Type | Elective Course |
|---|
| Course Level | Associate Degree |
|---|
| Year of Study | - |
|---|
| Semester | - |
|---|
| ECTS | 4 |
|---|
| Name of Lecturer(s) |
- |
| Learning Outcomes |
At the end of this course, the students;
- The students will be able to explain the real life applications of economics by using the theoretical framework thought in the classes.
- Will be able to read and discuss graphs.
- Will be able to know how prices and market equilibrium are determined.
- Will be able to use supply and demand analysis.
- Will be able to know how consumer equilibrium is reached.
|
| Mode of Delivery | Face to face |
|---|
| Prerequisites | No |
|---|
| Recommended Optional Programme Components | |
|---|
| Course Description | This course is a foundational program that examines how scarce resources are utilized to meet unlimited needs and the decision-making processes of economic actors. Within the scope of the course, microeconomic topics such as supply-demand balance, market structures, consumer behavior, and price formation are covered, alongside macroeconomic indicators such as inflation, unemployment, growth, and monetary policies. The primary objective is to provide students with an analytical perspective to analyze economic events and the competence to interpret changes in global and local markets. |
|---|
| 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 Reading | 1. 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 |
16 |
1 |
16 |
| Preparation for Final exam |
1 |
35 |
35 |
| Course hours |
14 |
3 |
42 |
| Preparation for Midterm exam |
1 |
25 |
25 |
| Laboratory (including preparation) |
|
|
|
| Final exam |
1 |
1 |
1 |
| Homework |
|
|
|
| Total Work Load | 120 |
| Total Work Load / 30 (h) | 4 |
| ECTS Credit of the Course | 4 |
|
| Language of Instruction | Turkish |
|---|
| Work Placement(s) | No |
|---|
