Information Package

Program of Unmanned Aerial Vehicle Technology and Operatorship

BUOS105

PRINCIPLES OF ECONOMICS

Course Code
BUOS105
Semester
-
Theory+Practice
3 + 0
ECTS
5
Course TypeElective Course
Course LevelAssociate Degree
Year of Study-
Semester-
ECTS5
Name of Lecturer(s) -
Learning Outcomes

At the end of this course, the students;

  1. Know basic concepts about economy
  2. Market economy explains the concept of demand, supply, price and flexibility
  3. Explain industrial structure, production and coasts
  4. Explain the concept of national income, knows the calculation methods
  5. Know the inflation and interest and the calculation related to inflation and interest
  6. Explains the concepts of money, money theory, monetary policy and banking
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsNone
Course DescriptionThis course aims to explain the functioning of economic systems by covering the fundamental concepts of microeconomics and macroeconomics. Students learn micro-level topics such as market economy, supply and demand equilibrium, elasticities, production, and costs, as well as macroeconomic concepts such as national income, inflation, interest rates, money, and monetary policy. The course focuses on understanding the cause-and-effect relationships of economic events and developing basic economic analysis skills.
Course Contents
WEEK TOPICS
1st Week Basic concepts
2nd Week Market Economy
3rd Week Price Mechanism: Demand, Supply and Price
4th Week Price Mechanism: Demand, Supply and Price
5th Week Flexibility
6th Week The Structure of Industry
7th Week Production and Costs
8th Week Midterm
9th Week Domestic income
10th Week Domestic income
11th Week Inflation and interest
12th Week Determination of income and price level
13th Week Money and banking
14th Week Money theory and monetary policy
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
  • Problem Solving
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 2 2
Preparation for Quiz
Individual or group work 14 3 42
Preparation for Final exam 1 30 30
Course hours 14 3 42
Preparation for Midterm exam 1 30 30
Laboratory (including preparation)
Final exam 1 2 2
Homework
Total Work Load148
Total Work Load / 30 (h)4.93
ECTS Credit of the Course5
Language of InstructionTurkish
Work Placement(s)No
LO1 LO2 LO3 LO4 LO5 LO6
K1 X X
K2 X
K3 X X
K4 X
K5 X
K6 X
K7 X
K8 X
K9 X
K10 X
K11 X
K12 X X
K13 X
K14 X