| Course Unit Title | Course Unit Code | Type of Course Unit | Level of Course Unit | Year of Study | Semester | ECTS Credits |
|---|---|---|---|---|---|---|
| Economics | HIT222 | Compulsory | Bachelor's degree | 2 | Spring | 4 |
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.
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.
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
Program Competencies-Learning Outcomes Relation
| Program Competencies | ||||||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | ||
| Learning Outcomes | ||||||||||
| 1 | No relation | Middle | High | High | High | Middle | High | High | Middle | |
| 2 | High | High | Middle | High | Middle | High | High | Middle | Middle | |
| 3 | High | High | High | Middle | High | High | High | Middle | High | |
| 4 | Middle | Middle | Middle | Middle | Middle | Middle | High | High | Middle | |
| 5 | Middle | High | High | Middle | High | Middle | High | Middle | High | |
Mode of Delivery
Face to Face
Prerequisites and Co-Requisites
None
Recommended Optional Programme Components
none
Course Contents
Course contents: general concepts related to economy, economic systems, types of intervention, the conditions that affect economic life, consumer behavior, market demand curve, production theory, price formation, factor markets and macroeconomic overview of the concepts are.
Weekly Schedule
1) Introduction to Economics, and definition of the subject, interest in other sciences2) 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 -continue
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-continue
13) GNP, National Income, GDP Calculation Methods
14) Types of unemployment,
15) Inflation species and causes
16) Final examination
Recommended or Required Reading
1- Osman Z. Orhan, Seyfettin Erdoğan, Genel Ekonomi, Kocaeli: Umuttepe Yayınları, 2010
2- Tümay Ertek, Temel Ekonomi (Basından Örneklerle), İstanbul: Beta Yay. 2011
3- Erdal M. Ünsal, Mikro İktisat, Ankara: İmaj, 9. Bsk., 2010
4- Ders kitapları, ders notları, sitesi, çeşitli broşürler
5- Textbooks, lecture notes, website, various brochures
6- seçilen bir konuda ödev
7- home work on a selected subject
8- Ara sınav ve final
9- Exam and final
Planned Learning Activities and Teaching Methods
1) Lecture
2) Question-Answer
3) Discussion
4) Group 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