| Course Type | Elective Course |
| Course Level | Associate Degree |
| Year of Study | - |
| Semester | - |
| ECTS | 5 |
| Name of Lecturer(s) |
- |
| Learning Outcomes |
At the end of this course, the students;
- Know basic concepts about economy
- Market economy explains the concept of demand, supply, price and flexibility
- Explain industrial structure, production and coasts
- Explain the concept of national income, knows the calculation methods
- Know the inflation and interest and the calculation related to inflation and interest
- Explains the concepts of money, money theory, monetary policy and banking
|
| Mode of Delivery | Face to face |
| Prerequisites | No |
| Recommended Optional Programme Components | None |
| Course Description | This 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 Reading | 1. 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 Load | 148 |
| Total Work Load / 30 (h) | 4.93 |
| ECTS Credit of the Course | 5 |
|
| Language of Instruction | Turkish |
| Work Placement(s) | No |