| Course Unit Title | Course Unit Code | Type of Course Unit | Level of Course Unit | Year of Study | Semester | ECTS Credits |
|---|---|---|---|---|---|---|
| Economy | EKO100 | Compulsory | Bachelor's degree | 1 | 6 |
Name of Lecturer(s)
Prof. Dr. Ayhan ORHAN
Learning Outcomes of the Course Unit
1) Students will acquire knowledge of basic economic concepts and principles, enabling them to analyze economic events and make informed economic decisions.
2) They will develop knowledge and understanding of microeconomics and macroeconomics, allowing them to distinguish individual and societal dimensions of economic phenomena and think critically about these subjects.
3) By enhancing their analytical and critical thinking skills in economics, students will be better equipped to work more effectively and successfully in legal practice, considering economic factors in their decision-making processes.
Program Competencies-Learning Outcomes Relation
| Program Competencies | |||||||||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | ||
| Learning Outcomes | |||||||||||||
| 1 | No relation | Middle | Middle | High | Middle | High | Middle | Middle | High | High | Middle | Middle | |
| 2 | High | High | High | High | High | High | High | Middle | Middle | Middle | Middle | High | |
| 3 | Middle | Middle | High | High | High | Middle | Middle | Middle | High | High | High | High | |
Mode of Delivery
Face to Face
Prerequisites and Co-Requisites
None
Recommended Optional Programme Components
Not Required
Course Contents
The course content covers how scarcity of resources and unlimited needs are related to economic decision-making and opportunity costs. It examines the determination of demand and supply, the functioning of the market mechanism, and the roles of economic agents, namely individuals, firms, and the government. The course provides an in-depth knowledge of both microeconomics and macroeconomics. Microeconomics includes topics such as consumer behavior, demand theory, production, cost theory, firm behavior, and different market structures. On the other hand, macroeconomics addresses national income measurement, economic growth, the monetary and banking system, inflation, and unemployment, among other economic aggregates. Additionally, the course covers international economics, discussing international trade theory and policies, exchange rates, and international finance and capital movements.
Recommended or Required Reading
Planned Learning Activities and Teaching Methods
Assessment Methods and Criteria
Contribution of Midterm Examination to Course Grade |
30% |
|---|---|
Contribution of Final Examination to Course Grade |
70% |
Total |
100% |
Language of Instruction
Turkish
Work Placement(s)
Not Required