Information Package

MBH159

ECONOMICS

Course Code
MBH159
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. The students will be able to explain the real life applications of economics by using the theoretical framework thought in the classes.
  2. will be able to read and discuss graphs.
  3. will be able to know how prices and market equilibrium are determined.
  4. will be able to use supply and demand analysis.
  5. will be able to know how consumer equilibrium is reached.
  6. will be able to know the relationship between costs and production.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsNone
Course DescriptionIntroduction of the main principles of micro economics
Course Contents
WEEK TOPICS
1st Week Introduction
2nd Week What is economics
3rd Week Opportunity cost and PPF
4th Week Demand and Supply I
5th Week Demand And Supply II
6th Week Demand Supply III
7th Week ElasticitiesPrice Control of Government
8th Week Midterm
9th Week Utility and Demand
10th Week İndifference curves and Consumer Behavior
11th Week Types of Markets and Competition
12th Week Short Run Costs and Production
13th Week Long Run Costs and Production
14th Week Perfect Competition
Recommended or Required ReadingErtek, Tümay. (2010). Temel Ekonomi
Planned Learning Activities and Teaching Methods
  • Lecture
  • Discussion
  • Problem Solving
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 30
Assignment 1 20
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 1 1
Preparation for Quiz
Individual or group work 15 3 45
Preparation for Final exam 1 40 40
Course hours 15 3 45
Preparation for Midterm exam 1 20 20
Laboratory (including preparation)
Final exam 1 1 1
Homework
Total Work Load152
Total Work Load / 30 (h)5.06
ECTS Credit of the Course5
Language of InstructionTurkish
Work Placement(s)No
LO1 LO2 LO3 LO4 LO5 LO6
K1
K2
K3
K4 X X
K5
K6
K7
K8
K9
K10
K11
K12