Introduction To Economics
Banking and Insurance
Vocational School of Kandıra
Short Cycle (Associate's Degree)
| Course Unit Title | Course Unit Code | Type of Course Unit | Level of Course Unit | Year of Study | Semester | ECTS Credits |
|---|---|---|---|---|---|---|
| Introduction To Economics | BSP109 | Compulsory | Associate degree | 1 | Fall | 4 |
Name of Lecturer(s)
Lecturer Elvan AKSEN
Lecturer Dr. Kerem ÇOLAK
Learning Outcomes of the Course Unit
1) Defining the basic concepts of economic issues
2) Defining the basic concepts of economic issues
3) Explaining the basic economic problems
4) Using basic knowledge for advanced-level economics
5) Explaining economic developments
6) Commenting on the basic level publications on the science of economics
7) Commenting on economic problems with the help of basic knowledge of economics in business life
Program Competencies-Learning Outcomes Relation
| Program Competencies | |||||||||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | ||
| Learning Outcomes | |||||||||||||
| 1 | High | High | High | High | High | High | High | Low | High | High | Low | Low | |
| 2 | High | High | High | High | High | High | High | Low | High | Middle | Low | Middle | |
| 3 | High | High | High | High | High | High | High | Low | High | Low | Low | Low | |
| 4 | Low | Low | Low | Low | Low | Low | No relation | No relation | No relation | No relation | No relation | No relation | |
| 5 | High | High | High | High | High | High | Low | Low | Low | Low | Low | High | |
| 6 | Middle | Middle | Middle | Middle | Middle | Middle | Middle | Low | Low | Low | Low | Low | |
| 7 | High | High | High | High | High | Middle | Middle | Middle | Middle | Low | Low | Middle | |
Mode of Delivery
Face to Face
Prerequisites and Co-Requisites
None
Recommended Optional Programme Components
macro economics
Course Contents
Basic Concepts Demand / Supply and Market Equilibrium Flexibility (Elasticity of Demand and Supply Elasticity, price controls) Theory of Consumer Behavior (budget line, indifference curves, Consumer Balance) Production Theory: Production Function, Short Term / Long Term Production Function) Production Costs (Production Costs of Short-Term) Commodity Markets (Perfect Competition, Monopoly Markets, Oligopoly Markets) Factor Markets and Income Distribution
Weekly Schedule
1) basic concepts2) Basic economic problems
3) Price Theory: Supply, Demand and Market Equilibrium
4) Flexibility (Elasticity of Demand and Supply Elasticity, price controls)
5) Flexibility (Elasticity of Demand and Supply Elasticity, price controls)
6) The theory of consumer behavior
7) Production Theory and Production Costs
8) Midterm exam
9) production theory and production costs
10) Commodity Markets: Perfect Competition
11) Imperfect Markets: Monopoly
12) Duopoly, Oligopoly and Monopolistic Competition
13) Factor Markets and Income Distribution: The Labor Market
14) Soil and rent (rent Theories), Capital and Income (Profit Theories)
15) Enterprise and Profit, Income Distribution
16) final exam
Recommended or Required Reading
Planned Learning Activities and Teaching Methods
1) Lecture
2) Question-Answer
3) Discussion
4) Drill and Practice
5) Brain Storming
6) Case Study
Assessment Methods and Criteria
Contribution of Midterm Examination to Course Grade |
20% |
|---|---|
Contribution of Final Examination to Course Grade |
80% |
Total |
100% |
Language of Instruction
Turkish
Work Placement(s)
Not Required