Course Detail
Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| INTRODUCTION to ECONOMICS I | - | Fall Semester | 3+0 | 3 | 5 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | English |
| Course Level | First Cycle (Bachelor's Degree) |
| Course Type | Required |
| Course Coordinator | Assoc.Prof. Halil Kürşad ASLAN |
| Name of Lecturer(s) | |
| Assistant(s) | |
| Aim | This course aims to explain fundamental concepts of economics, supply, demand, consumer behaviour, the theory of firm, and markets. |
| Course Content | This course contains; Introduction to Economics,Fundamental Concepts in Microeconomics,Supply and Demand,Market Equilibrium,Elasticity,Household Behavior and Consumer Choice,Production Process,Costs,Factor Markets,Perfect Competition,Monopoly,Oligopoly ,Monopolistic Competition,Review. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1. Will be able to explain basic concepts of microeconomics | 13, 16, 9 | A |
| 1.1. Define basic concepts | 13, 16, 9 | A |
| 1.2. Relate these concepts with the real life. | 13, 16, 9 | A |
| 2. Will be able to explain the formation of price and quantity in economics | 12, 13, 16, 9 | A |
| 2.1. Analyse factors that affect price and quantity | 12, 13, 16, 9 | A |
| 2.2. Calcualte the types of elasticity related to supply and demand | 12, 13, 16, 9 | A |
| 3. Will be able to analyse consumer behavior | 12, 13, 16, 9 | A |
| 3.1. Analyse the concept of utility | 12, 13, 16, 9 | A |
| 3.2. Analyse the effect of budget constraints. | 12, 13, 16, 9 | A |
| 5.1. Recognize types of markets | 12, 13, 16, 9 | A |
| 5.2. Analyse the formation of market prices. | 12, 13, 16, 9 | A |
| 5.3. Compare different markets | 12, 13, 16, 9 | A |
| 4. Will be able to analyse firm behavior | 12, 13, 16, 9 | A |
| 4.1. Analyse production technologies | 12, 13, 16, 9 | A |
| 4.2. Analyse different types of cost | 12, 13, 16, 9 | A |
| 4.3. Analyse the concept of profit | 12, 13, 16, 9 | A |
| 5. Will be able to evaluate markets. | 12, 13, 16, 9 | A |
| Teaching Methods: | 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 | Fundamental Concepts in Microeconomics | |
| 3 | Supply and Demand | |
| 4 | Market Equilibrium | |
| 5 | Elasticity | |
| 6 | Household Behavior and Consumer Choice | |
| 7 | Production Process | |
| 8 | Costs | |
| 9 | Factor Markets | |
| 10 | Perfect Competition | |
| 11 | Monopoly | |
| 12 | Oligopoly | |
| 13 | Monopolistic Competition | |
| 14 | Review |
| Resources |
| Daron Acemoglu, David Laibson, John List, "Economics", Pearson |
| Krugman and Wells, Microeconomics Begg, Vernasca, Fischer and Dornbusch, Economics. |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | PC1. Students know the fundamental concepts, theories, research methods and analysis techniques used in the fields and sub-fields of Political Science and International relations. | ||||||
| 2 | PC2. Students understand the political, economic, social, and cultural relations among political systems, international actors, states and non-state actors; analyzes the reasons for the issues and problems in these fields, develop skills for systematic and critical thinking for alternative solutions. | X | |||||
| 3 | PC3. Students of the program will be able to work at public and private institutions, international organizations, and non-governmental organizations. They will be able to involve in the foreign policy making, analysis, and implementation processes; manage project implementations, and shoulder responsibilities at different positions of decision-making processes. The multi-disciplinary perspective they have developed in the program facilitates following solution-oriented perspective at times of crisis, evaluating existing resolutions and developing new alternatives. | ||||||
| 4 | PC4. Students will be able to conduct scientific research in the fields and sub-fields of political science and international relations, analyze the results and report the findings to stakeholders. | ||||||
| 5 | PC5. Students will be able to conduct scientific research in the fields and sub-fields of political science and international relations, analyze the results and make scientific publications. | ||||||
| 6 | PC6. Students will be able to work as group leader in public and private institutions, plan and administer events and activities. | ||||||
| 7 | PC7. As a result of development of critical thinking, students stay open to change and development; adopt never-ending learning principle to their life. | ||||||
| 8 | PC8. Students use the appropriate oral and written language skills and adopt professional ethics in their communication while sharing results, analyses, and solution suggestions with colleagues and stakeholders | ||||||
| 9 | PC9. Students use English language skills in research and fields of expertise; easily follow international developments and communicates with international stakeholders. | ||||||
| 10 | PC10. Students use fundamental computer skills in communication with colleagues and stakeholders. | ||||||
| 11 | PC11. Students will be able to lead decision-making mechanisms, involve in policy making and analysis processes, and manage negotiation processes in public and private institutions. | ||||||
| 12 | PC12. Students will be able to develop original and scientific solutions and knowledge in their fields of expertise, create projects and act as a consultant to decision-making mechanisms. | ||||||
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 | 3 | 42 | |||
| Guided Problem Solving | 0 | 0 | 0 | |||
| Resolution of Homework Problems and Submission as a Report | 2 | 10 | 20 | |||
| Term Project | 0 | 0 | 0 | |||
| Presentation of Project / Seminar | 0 | 0 | 0 | |||
| Quiz | 1 | 10 | 10 | |||
| Midterm Exam | 1 | 30 | 30 | |||
| General Exam | 1 | 50 | 50 | |||
| Performance Task, Maintenance Plan | 0 | 0 | 0 | |||
| Total Workload(Hour) | 152 | |||||
| Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(152/30) | 5 | |||||
| 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 | 3+0 | 3 | 5 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | English |
| Course Level | First Cycle (Bachelor's Degree) |
| Course Type | Required |
| Course Coordinator | Assoc.Prof. Halil Kürşad ASLAN |
| Name of Lecturer(s) | |
| Assistant(s) | |
| Aim | This course aims to explain fundamental concepts of economics, supply, demand, consumer behaviour, the theory of firm, and markets. |
| Course Content | This course contains; Introduction to Economics,Fundamental Concepts in Microeconomics,Supply and Demand,Market Equilibrium,Elasticity,Household Behavior and Consumer Choice,Production Process,Costs,Factor Markets,Perfect Competition,Monopoly,Oligopoly ,Monopolistic Competition,Review. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1. Will be able to explain basic concepts of microeconomics | 13, 16, 9 | A |
| 1.1. Define basic concepts | 13, 16, 9 | A |
| 1.2. Relate these concepts with the real life. | 13, 16, 9 | A |
| 2. Will be able to explain the formation of price and quantity in economics | 12, 13, 16, 9 | A |
| 2.1. Analyse factors that affect price and quantity | 12, 13, 16, 9 | A |
| 2.2. Calcualte the types of elasticity related to supply and demand | 12, 13, 16, 9 | A |
| 3. Will be able to analyse consumer behavior | 12, 13, 16, 9 | A |
| 3.1. Analyse the concept of utility | 12, 13, 16, 9 | A |
| 3.2. Analyse the effect of budget constraints. | 12, 13, 16, 9 | A |
| 5.1. Recognize types of markets | 12, 13, 16, 9 | A |
| 5.2. Analyse the formation of market prices. | 12, 13, 16, 9 | A |
| 5.3. Compare different markets | 12, 13, 16, 9 | A |
| 4. Will be able to analyse firm behavior | 12, 13, 16, 9 | A |
| 4.1. Analyse production technologies | 12, 13, 16, 9 | A |
| 4.2. Analyse different types of cost | 12, 13, 16, 9 | A |
| 4.3. Analyse the concept of profit | 12, 13, 16, 9 | A |
| 5. Will be able to evaluate markets. | 12, 13, 16, 9 | A |
| Teaching Methods: | 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 | Fundamental Concepts in Microeconomics | |
| 3 | Supply and Demand | |
| 4 | Market Equilibrium | |
| 5 | Elasticity | |
| 6 | Household Behavior and Consumer Choice | |
| 7 | Production Process | |
| 8 | Costs | |
| 9 | Factor Markets | |
| 10 | Perfect Competition | |
| 11 | Monopoly | |
| 12 | Oligopoly | |
| 13 | Monopolistic Competition | |
| 14 | Review |
| Resources |
| Daron Acemoglu, David Laibson, John List, "Economics", Pearson |
| Krugman and Wells, Microeconomics Begg, Vernasca, Fischer and Dornbusch, Economics. |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | PC1. Students know the fundamental concepts, theories, research methods and analysis techniques used in the fields and sub-fields of Political Science and International relations. | ||||||
| 2 | PC2. Students understand the political, economic, social, and cultural relations among political systems, international actors, states and non-state actors; analyzes the reasons for the issues and problems in these fields, develop skills for systematic and critical thinking for alternative solutions. | X | |||||
| 3 | PC3. Students of the program will be able to work at public and private institutions, international organizations, and non-governmental organizations. They will be able to involve in the foreign policy making, analysis, and implementation processes; manage project implementations, and shoulder responsibilities at different positions of decision-making processes. The multi-disciplinary perspective they have developed in the program facilitates following solution-oriented perspective at times of crisis, evaluating existing resolutions and developing new alternatives. | ||||||
| 4 | PC4. Students will be able to conduct scientific research in the fields and sub-fields of political science and international relations, analyze the results and report the findings to stakeholders. | ||||||
| 5 | PC5. Students will be able to conduct scientific research in the fields and sub-fields of political science and international relations, analyze the results and make scientific publications. | ||||||
| 6 | PC6. Students will be able to work as group leader in public and private institutions, plan and administer events and activities. | ||||||
| 7 | PC7. As a result of development of critical thinking, students stay open to change and development; adopt never-ending learning principle to their life. | ||||||
| 8 | PC8. Students use the appropriate oral and written language skills and adopt professional ethics in their communication while sharing results, analyses, and solution suggestions with colleagues and stakeholders | ||||||
| 9 | PC9. Students use English language skills in research and fields of expertise; easily follow international developments and communicates with international stakeholders. | ||||||
| 10 | PC10. Students use fundamental computer skills in communication with colleagues and stakeholders. | ||||||
| 11 | PC11. Students will be able to lead decision-making mechanisms, involve in policy making and analysis processes, and manage negotiation processes in public and private institutions. | ||||||
| 12 | PC12. Students will be able to develop original and scientific solutions and knowledge in their fields of expertise, create projects and act as a consultant to decision-making mechanisms. | ||||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 40 | |
| Rate of Final Exam to Success | 60 | |
| Total | 100 | |