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Turkish

Business Economics

Metallurgical and Materials Engineering

Faculty of Engineering
First Cycle (Bachelor's Degree)
Course Unit Title Course Unit Code Type of Course Unit Level of Course Unit Year of Study Semester ECTS Credits
Business Economics MMT411 Elective Bachelor's degree 4 Fall 2

Name of Lecturer(s)

Associate Prof. Dr. Mustafa Burak TELLİ
Lecturer Evren KUTLU
Lecturer Dr. Kerem ÇOLAK

Learning Outcomes of the Course Unit

1) Explaining basic concepts in business economics.
2) Explaining economic systems.
3) Explaining market, price, supply and demand.
4) Explaining state intervention to economy, foreign trade.
5) Explaining money, national income and economic growth.
6) Explaining business enterprise and its basic functions.
7) Explaining administration.
8) Explaining organization.
9) Explaining finance, accounting.
10) Explaining production, marketing and public relations.
11) Explaining reesearch, development.
12) Explaining feasibility study.
13) Explaining investment resolution and evaluation of investments.

Program Competencies-Learning Outcomes Relation

  Program Competencies
1 2 3 4 5 6 7 8 9 10 11
Learning Outcomes
1 Middle Middle Middle Middle Middle Middle Middle Middle High Middle High
2 Middle Middle Middle Middle Middle Middle Middle Middle High Middle High
3 Middle Middle Middle Middle Middle Middle Middle Middle High Middle High
4 Middle Middle Middle Middle Middle Middle Middle Middle High Middle High
5 Middle Middle Middle Middle Middle Middle Middle Middle High Middle High
6 Middle Middle Middle Middle Middle Middle Middle Middle High Middle High
7 Middle Middle Middle Middle Middle Middle Middle Middle High Middle High
8 Middle Middle Middle Middle Middle Middle Middle Middle High Middle High
9 Middle Middle Middle Middle Middle Middle Middle Middle High Middle High
10 Middle Middle Middle Middle Middle Middle Middle Middle High Middle High
11 Middle Middle Middle Middle Middle Middle Middle Middle High Middle High
12 Middle Middle Middle Middle Middle Middle Middle Middle High Middle High
13 Middle Middle Middle Middle Middle Middle Middle Middle High Middle High

Mode of Delivery

Face to Face

Prerequisites and Co-Requisites

None

Recommended Optional Programme Components

Not Required

Course Contents

Introduction Basic Concepts Economic Systems Market, Price, Supply and Demand State Intervention to Economy, Foreign Trade Money, National Income and Economic Growth Business Enterprise and its Basic Functions Administration Organization Finance, Accounting Production, Marketing and Public Relations Research, Development Feasibility Study Investment Resolution and Evaluation of Investments

Weekly Schedule

1) Introduction to business economics
2) Purpose and types of busineses
3) Growth in Business
4) Strat up stage of businesses
5) Production site selection for business
6) Optimal production amount decision in business
7) Expenses in business
8) midterm
9) cost of production
10) Gains in busines
11) Business performance
12) Business Management
13) supply in business
14) Production Management in Business
15) Human resource management in business
16) final examination

Recommended or Required Reading

Planned Learning Activities and Teaching Methods

1) Lecture
2) Question-Answer
3) Discussion
4) Self Study
5) Problem Solving


Assessment Methods and Criteria

Contribution of Midterm Examination to Course Grade

40%

Contribution of Final Examination to Course Grade

60%

Total

100%

Language of Instruction

Turkish

Work Placement(s)

Not Required