Information Package

Program of Foreign Trade

DTP107

GENERAL ECONOMICS

Course Code
DTP107
Semester
First Term (Fall)
Theory+Practice
3 + 0
ECTS
3
Course TypeCompulsory Course
Course LevelAssociate Degree
Year of Study1
SemesterFirst Term (Fall)
ECTS3
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. The students will be able to read and discuss graphs.
  3. The students will be able to know how prices and market equilibrium are determined.
  4. The students will be able to use supply and demand analysis.
  5. The students will be able to know how consumer equilibrium is reached.
  6. The students will be able to know the relationship between costs and production.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme Components
Course Description
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
15th Week
Recommended or Required Reading1.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 14 1 14
Preparation for Final exam 1 21 21
Course hours 14 3 42
Preparation for Midterm exam 1 10 10
Laboratory (including preparation)
Final exam 1 1 1
Homework 1 1 1
Total Work Load90
Total Work Load / 30 (h)3
ECTS Credit of the Course3
Language of InstructionTurkish
Work Placement(s)No
LO1 LO2 LO3 LO4 LO5 LO6
K1 X X X X X X
K2
K3
K4 X X
K5
K6
K7
K8
K9 X
K10 X
K11
K12
K13