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Course Unit Title Course Unit Code Type of Course Unit Level of Course Unit Year of Study Semester ECTS Credits
Economy ILT141 Compulsory Bachelor's degree 1 Fall 3

Name of Lecturer(s)

Prof. Dr. Ümit ALNIAÇIK
Prof. Dr. Selçuk KOÇ
Prof. Dr. Ferhat PEHLİVANOĞLU
Associate Prof. Dr. Sevim KOÇER
Assistant Prof. Dr. Hanife BIDIRDI
Assistant Prof. Dr. Mehmet Selahattin OKUROĞLU
Assistant Prof. Dr. Mehmet Emin YARDIMCI

Learning Outcomes of the Course Unit

1) Gaining knowledge about the basic concepts of economics.
1) Gaining knowledge about the basic concepts of economics.
2) Acquiring an understanding of the basic mechanisms of economic environment within which business operates.
2) Acquiring an understanding of the basic mechanisms of economic environment within which business operates.
3) Ability to make judgements about the appropriateness of particular economics decisions given by individuals.
3) Ability to make judgements about the appropriateness of particular economics decisions given by individuals.
4) Ability to make judgements about the appropriateness of particular economics decisions given by firms.
4) Ability to make judgements about the appropriateness of particular economics decisions given by firms.
5) Ability to make judgements about the government in economic system
5) Ability to make judgements about the government in economic system

Program Competencies-Learning Outcomes Relation

  Program Competencies
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22
Learning Outcomes
1 No relation High Middle High High Middle High High High Middle High High Middle High High Middle High Low High Middle High High
1 High Middle Middle Middle High High High High High Middle Middle High Middle Middle High High High Middle High Middle High High
2 High High Middle Middle High High High Middle Middle High High High Middle High High Middle Middle Middle High High High High
2 Middle Middle Middle High High Middle Middle Middle High High Middle High High Middle Middle High High High Middle High Middle High
3 High High High Middle High High High Middle High High High Middle High High Middle High High High Middle Middle High High
3 High Middle Middle High High Middle Middle Middle High High Middle Middle High High Middle Middle High Middle Middle High Middle Middle
4 High High Middle Middle High High High Middle High High Middle High High Middle High High Middle High No relation Middle Middle High
4 High Middle Middle Middle Middle High Middle High High High Middle Middle Middle High High Middle High High High Middle Middle High
5 High High Middle Middle Middle High High Middle High Middle High High High Middle Middle High High High Middle Middle High Middle
5 High Middle High Middle High High Middle Middle Middle High High High High Middle High Middle Middle High High Middle High Middle

Mode of Delivery

Face to Face

Prerequisites and Co-Requisites

None

Recommended Optional Programme Components

NONE

Course Contents

Basic concepts of economics, the price mechanism, principles of supply and demand, elasticity, money, utility, production, costs, consumer equilibrium, market structures (perfect competition, monopoly, oligopoly), market equilibrium.

Weekly Schedule

1) Introduction to Economics, and definition of the subject, interest in other sciences
2) Economic Problems, Economic selection and production possibilities curve, Needs-Goods-Service-Profit
3) Economic systems, population problems, economic growth
4) Price theory and logic of the price mechanism, Definitions, and money market types
5) Definition of demand, Law of Demand, Consumer demand and the marginal benefit
6) Definition of demand, Law of Demand, Consumer demand and the marginal benefit
7) Definition of supply, the supply of the factors that determine, the flexibility of supply-side and supply-demand balance
8) Midterm examination/Assessment
9) Definition of supply, the supply of the factors that determine, the flexibility of supply-side and supply-demand balance
10) minimum wage, ceiling, floor price applications, supply and excess demand, exports, imports
11) Perfect competition, Monopoly, Monopolistic Competition Oligopoly markets,
12) Perfect competition, Monopoly, Monopolistic Competition Oligopoly markets,
13) GNP, National Income, GDP Calculation Methods
14) types of unemployment,
15) inflation and the causes of species
16) Final examination

Recommended or Required Reading

1- Dinler, Zeynel, İktisada Giriş, Ekin Kitabevi, 2001..
2- Unay, Cafer, Genel İktisat, Ekin Kitabevi, 2000.
3- Orhan Z. ve Erdoğan Seyfettin, İktisada Giriş, Avcı Ofset, 2005.
4- ders notları, ilgili literatür, ekonomi dergileri, gazetelerin ekonomi sayfası, televizyonda ekonomi programları
5- lecture notes, literature, economics, magazines, newspapers, business page, on television programs in economics
6- ekonomi dergilerinde makale okuma
7- economic journals on the reading
8- ara sınav ve final sınavı
9- exam and final

Planned Learning Activities and Teaching Methods

1) Lecture
2) Question-Answer
3) Discussion


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