The aim of this course is to explain the basic principles of economics and the behavior and decision making processes of individuals and institutions in the light of these principles.
Course Content
This course contains; Introduction to Economics,An Overview of Market Economy,Supply-Demand,Elasticity and Consumer-Producer Surplus,State Intervention in the Market,Consumer Choice,Producer Choice,Competitive Markets,Monopoly,Oligopoly and Monopolistic Competition,Externalities and Market Failure,The Role of Government and Public Goods,The Markets for the Factors of Production,Income Distribution and Poverty.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. List the basic principles on which economics is based.
10, 16, 9
A
2. It explain price and quantity formation in the economy.
10, 16, 9
A
3. Analyzes consumer and company behavior
10, 16, 9
A
4. Evaluates the markets.
10, 16, 9
A
5. Interprets income distribution and factor markets.
10, 16, 9
A
6. Gives examples about markets
10, 12, 13, 16
A
Teaching Methods:
10: Discussion Method, 12: Problem Solving Method, 13: Case Study Method, 16: Question - Answer Technique, 9: Lecture Method
Assessment Methods:
A: Traditional Written Exam
Course Outline
Order
Subjects
Preliminary Work
1
Introduction to Economics
2
An Overview of Market Economy
3
Supply-Demand
4
Elasticity and Consumer-Producer Surplus
5
State Intervention in the Market
6
Consumer Choice
7
Producer Choice
8
Competitive Markets
9
Monopoly
10
Oligopoly and Monopolistic Competition
11
Externalities and Market Failure
12
The Role of Government and Public Goods
13
The Markets for the Factors of Production
14
Income Distribution and Poverty
Resources
112/5000
General Economics, Dr. Osman Orhan Dr. Seyfettin Erdoğan, Umuttepe publications, 7th edition, Kocaeli, 2013.
Ertek, T. (2017). Basic Economics with Examples from the Press, (5th Edition). Beta Basım Yayin, October, Istanbul.
Sharon M. Oster et al, Principles of Economics, Palme Publishing, Ankara, 2010.
Dinler, Z. (2023). Introduction to Economics.(28th Edition). Bursa: Ekin Publishing Publishing.
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
Describe the basic concepts and applications of the Foreign Trade.
X
2
Have a basic knowledge of export and customs regulations.
X
3
Have information about the basic method used in accounting and its applications in the business world.
4
Recognize the marketing functions and its practices in business world, do market research and use marketing communication that they require.
5
Have knowledge about international marketing strategies, international trade formations and international trade policies.
X
6
Have knowledge of the logistics management associated with Foreign Trade.
X
7
Have knowledge of Foreign Trade finance.
X
8
Have the basic knowledge of business administration and have the vision of international business system.
X
9
Have the basic information about the law profession.
10
Apply the study area knowledge on the Foreign Trade in individual procedures.
X
11
In the framework of lifelong learning attitude, be conscious of the need to adapt to changes in the industry.
X
12
Use the knowledge and skills about the study field to inform related individuals, organizations and stakeholders.
X
13
Carry out social responsibility projects related to study areas.
14
Implement code of ethics in customer relations and in communication with colleagues.
15
Use the acquired knowledge about Foreign Trade effectively.
X
Assessment Methods
Contribution Level
Absolute Evaluation
Rate of Midterm Exam to Success
40
Rate of Final Exam to Success
60
Total
100
ECTS / Workload Table
Activities
Number of
Duration(Hour)
Total Workload(Hour)
Course Hours
14
2
28
Guided Problem Solving
1
12
12
Resolution of Homework Problems and Submission as a Report
12
1
12
Term Project
12
1
12
Presentation of Project / Seminar
0
0
0
Quiz
1
10
10
Midterm Exam
1
20
20
General Exam
1
25
25
Performance Task, Maintenance Plan
0
0
0
Total Workload(Hour)
119
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(119/30)
4
ECTS of the course: 30 hours of work is counted as 1 ECTS credit.
Detail Informations of the Course
Course Description
Course
Code
Semester
T+P (Hour)
Credit
ECTS
INTRODUCTION to ECONOMICS I
-
Fall Semester
2+0
2
4
Course Program
Prerequisites Courses
Recommended Elective Courses
Language of Course
Turkish
Course Level
Short Cycle (Associate's Degree)
Course Type
Required
Course Coordinator
Assist.Prof. İrfan ERSİN
Name of Lecturer(s)
Assist.Prof. İrfan ERSİN
Assistant(s)
Aim
The aim of this course is to explain the basic principles of economics and the behavior and decision making processes of individuals and institutions in the light of these principles.
Course Content
This course contains; Introduction to Economics,An Overview of Market Economy,Supply-Demand,Elasticity and Consumer-Producer Surplus,State Intervention in the Market,Consumer Choice,Producer Choice,Competitive Markets,Monopoly,Oligopoly and Monopolistic Competition,Externalities and Market Failure,The Role of Government and Public Goods,The Markets for the Factors of Production,Income Distribution and Poverty.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. List the basic principles on which economics is based.
10, 16, 9
A
2. It explain price and quantity formation in the economy.
10, 16, 9
A
3. Analyzes consumer and company behavior
10, 16, 9
A
4. Evaluates the markets.
10, 16, 9
A
5. Interprets income distribution and factor markets.
10, 16, 9
A
6. Gives examples about markets
10, 12, 13, 16
A
Teaching Methods:
10: Discussion Method, 12: Problem Solving Method, 13: Case Study Method, 16: Question - Answer Technique, 9: Lecture Method
Assessment Methods:
A: Traditional Written Exam
Course Outline
Order
Subjects
Preliminary Work
1
Introduction to Economics
2
An Overview of Market Economy
3
Supply-Demand
4
Elasticity and Consumer-Producer Surplus
5
State Intervention in the Market
6
Consumer Choice
7
Producer Choice
8
Competitive Markets
9
Monopoly
10
Oligopoly and Monopolistic Competition
11
Externalities and Market Failure
12
The Role of Government and Public Goods
13
The Markets for the Factors of Production
14
Income Distribution and Poverty
Resources
112/5000
General Economics, Dr. Osman Orhan Dr. Seyfettin Erdoğan, Umuttepe publications, 7th edition, Kocaeli, 2013.
Ertek, T. (2017). Basic Economics with Examples from the Press, (5th Edition). Beta Basım Yayin, October, Istanbul.
Sharon M. Oster et al, Principles of Economics, Palme Publishing, Ankara, 2010.
Dinler, Z. (2023). Introduction to Economics.(28th Edition). Bursa: Ekin Publishing Publishing.
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
Describe the basic concepts and applications of the Foreign Trade.
X
2
Have a basic knowledge of export and customs regulations.
X
3
Have information about the basic method used in accounting and its applications in the business world.
4
Recognize the marketing functions and its practices in business world, do market research and use marketing communication that they require.
5
Have knowledge about international marketing strategies, international trade formations and international trade policies.
X
6
Have knowledge of the logistics management associated with Foreign Trade.
X
7
Have knowledge of Foreign Trade finance.
X
8
Have the basic knowledge of business administration and have the vision of international business system.
X
9
Have the basic information about the law profession.
10
Apply the study area knowledge on the Foreign Trade in individual procedures.
X
11
In the framework of lifelong learning attitude, be conscious of the need to adapt to changes in the industry.
X
12
Use the knowledge and skills about the study field to inform related individuals, organizations and stakeholders.
X
13
Carry out social responsibility projects related to study areas.
14
Implement code of ethics in customer relations and in communication with colleagues.
15
Use the acquired knowledge about Foreign Trade effectively.
