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Course Unit Title Course Unit Code Type of Course Unit Level of Course Unit Year of Study Semester ECTS Credits
Introduction To Economics SBF101 Compulsory Bachelor's degree 1 Fall 4

Name of Lecturer(s)

Prof. Dr. Selçuk KOÇ
Prof. Dr. Ferhat PEHLİVANOĞLU
Prof. Dr. Recep TARI
Associate Prof. Dr. Figen BÜYÜKAKIN
Associate Prof. Dr. Vedat CENGİZ
Associate Prof. Dr. Özgür Bayram SOYLU
Assistant Prof. Dr. Hanife BIDIRDI

Learning Outcomes of the Course Unit

1) Economic’s basic concepts and problems.
2) Supply-demand analysis.
3) Producer and consumer behaviors.
4) Perfect competititon and imperfect competition markets.
5) National income and relevant concepts.
6) Methods to calculate income.
7) Employment and unemployment.
8) Definition and kind of money.
9) Demand and supply of money.
10) Money politics and tools of money politics.
11) İnflation, deflation, devaluation and revaluation.

Program Competencies-Learning Outcomes Relation

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

Mode of Delivery

Face to Face

Prerequisites and Co-Requisites

None

Recommended Optional Programme Components

Not Required

Course Contents

The subject matter of economics and general frameworks, basic concepts and problems, development of economics, basic economic systems, factors of production, theory of consumer behaviour, theory of producer behaviour, price mechanism and market structures, theories of perfect and imperfect competition. The general framework of macroeconomics, macro subjects include national income, the consumption, investment, and saving functions, theory of income determination, employment and unemployment, money and banking, government expenditures, and taxation, international trade, developing countries and development problems.

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
7) 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