>
Course Unit Title Course Unit Code Type of Course Unit Level of Course Unit Year of Study Semester ECTS Credits
Economy YYP209 Elective Associate degree 2 Fall 3

Name of Lecturer(s)

Lecturer Deniz SARIYILDIZ

Learning Outcomes of the Course Unit

1) Use of the economy theory in national and international level by its theoretical and implementation dimension
2) Apply the demand and supply, and market models
3) Explain national income and market equilibrium
4) Analyze market instabilities, economic growth and international economic relations in national and global context
5) Comment on the main legislation

Program Competencies-Learning Outcomes Relation

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

Mode of Delivery

Face to Face

Prerequisites and Co-Requisites

None

Recommended Optional Programme Components

None

Course Contents

The introduction to micro economy, understanding the fundementalism of the economic activities, examining the terms Supply&Demand with all their components, analysis of consumer behaviours, production theory and its determinants, market models, the introduction to macro economics, grasping the basic idea of the integrated economic activities, studying the gross national product term in detail, the role of money in macroeconomics, the definition of the practises of financial policies and the balance between money and goods, instabilities in the economic life, international economic relations.

Weekly Schedule

1) Definition of the Science of Economics, Basic Economic Concepts, History of Economic Systems, Basic Problems of All Economies
2) Introduction to Price Theory, Theory of Consumer Behaviors
3) Demand-Supply and Elasticities
4) Theory of Producer Behavior, Cost and Production
5) Analysis of Perfect Competition Market and Monopoly Market
6) Analysis of Monopolistic Competition Market and Oligopoly Market, General Analysis of Production Factor Market
7) Introduction to Macro Economics, Introduction to National Income
8) Midterm examination/Assessment
9) Techniques of National Income Calculations
10) Determination of National Income Equilibrium, Functions of Consumption, Saving and Investment
11) Definition, Sorts and Roles at Macro economy of Money, Central Banking, Monetary Policy
12) Money and goods market equilibrium, Value of money
13) Inflation; Causes, Impacts and Overcome Procedures, Unemployment
14) International Economic Relations
15) Economic Growth
16) Final examination

Recommended or Required Reading

1- Sadi Uzunoğlu & Gökhan Sönmezler; Yeni Başlayanlar İçin Ekonomi, İstanbul, Kriter Yayınevi, 2011.
2- Türkiye'ye ait istatistiki veriler için http://www.tuik.gov.tr
3- Küresel ekonomik veriler için https://www.cia.gov/library/publications/the-world-factbook/

Planned Learning Activities and Teaching Methods

1) Lecture
2) Question-Answer
3) Discussion
4) Brain Storming
5) Self 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