The aim of this course is to explain the basic principles that economics relies on, and how the economic system works on micro and macro scale in the light of these principles.
Course Content
This course contains; Introduction to Economics,Supply and Demand,Consumer choice,Production Process, Perfect Competition,Imperfect Competition Markets,Factor Market,National income calculations,Economic Growth,Unemployment,Inflation ,Finance Policy,Money Market and Politics,International Trade.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Will be able to explain basic concepts of economics.
13, 16, 9
A
1.1. Define basic concepts.
16, 9
A
1.2. Relate these concepts with the real life.
13, 16, 9
A
2. Will be able to analyse consumer and firm choices.
13, 16, 9
A
2.1. Analyse the concepts of utility and budget constraint.
13, 16, 9
A
2.2. Calculate production costs and profit.
13, 16, 9
A
3. Will be able to evaluate markets.
13, 16, 9
A
3.1. Recognize types of markets.
13, 16, 9
A
3.2. Analyse the formation of market prices.
13, 16, 9
A
3.3. Compare different markets.
13, 16, 9
A
4. Will be able to explain how the macro economy works in general.
13, 16, 9
A
4.1. It evaluates the economy based on national income and employment level.
13, 16, 9
A
4.2. Explains the interaction between macroeconomic variables.
13, 16, 9
A
5. Will be able to make suggestions regarding economic policy
13, 16, 9
A
5.1. Evaluates the decisions of the central bank.
13, 16, 9
A
5.2. It defines the fiscal policy implemented by the state
13, 16, 9
A
6. Will be able to analyze current economic phenomena.
13, 16, 9
A
6.1. Interprets the changes in real quantities such as economic growth and employment level.
13, 16, 9
A
6.2. Discusses the impact of changes in financial quantities such as exchange rates and interest rates on the economy.
13, 16, 9
A
Teaching Methods:
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
Chapter 2 of the course book
2
Supply and Demand
Chapter 3 of the course book
3
Consumer choice
Chapter 6 of the course book
4
Production Process
Chapter 7 of the course book
5
Perfect Competition
Chapter 12 of the course book
6
Imperfect Competition Markets
Sections 13, 14 and 15 of the Course Book
7
Factor Market
Chapter 18 of the Course Book
8
National income calculations
Chapter 21 of the course book
9
Economic Growth
Chapter 32 of the course book
10
Unemployment
Chapter 22 of the course book
11
Inflation
Chapter 22 of the course book
12
Finance Policy
Chapter 24 of the course book
13
Money Market and Politics
Sections 25, 26 and 27 of the Course Book
14
International Trade
Chapter 34 of the course book
Resources
Case, Fair ve Oster, Ekonominin İlkeleri, Palme Yayıncılık, Ankara: 2010
Defines the theoretical knowledge in the field of aviation management.
X
2
Explains the necessary of mathematical and statistical methods in the field of aviation management.
3
Uses at least one computer program required in the field of aviation management.
4
Demonstrates proficiency in foreign language proficiency required in the field of aviation management.
5
Prepares projects about his field and manages team works.
6
It critically evaluates the knowledge and skills that it constantly renews and acquires by following the developments in the field of Aviation management with the awareness of lifelong learning in the professional field,
X
7
Uses theoretical and practical information in the field of aviation management.
X
8
Follows up to date technologies and communicates verbally/writing using a foreign language at least A2 level.
9
Adopts and uses organizational / corporate, business and social ethical values.
10
It adopts social responsibility principles and takes initiative when necessary, within the framework of public service sensitivity.
11
In order to carry out interdisciplinary studies, analyze basic information and data in different disciplines and use them in the field.
12
It offers appropriate suggestions in both micro and macro frameworks in the face of problems in the aviation management sectors.
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
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
2
10
20
Midterm Exam
1
20
20
General Exam
1
40
40
Performance Task, Maintenance Plan
0
0
0
Total Workload(Hour)
142
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(142/30)
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
PRINCIPLES of ECONOMICS
HVY1152870
Fall Semester
3+0
3
5
Course Program
Pazartesi 16:30-17:15
Pazartesi 17:30-18:15
Pazartesi 18:30-19:15
Prerequisites Courses
Recommended Elective Courses
Language of Course
Turkish
Course Level
First Cycle (Bachelor's Degree)
Course Type
Required
Course Coordinator
Assoc.Prof. Kenan DEMİR
Name of Lecturer(s)
Assoc.Prof. Kenan DEMİR
Assistant(s)
Aim
The aim of this course is to explain the basic principles that economics relies on, and how the economic system works on micro and macro scale in the light of these principles.
Course Content
This course contains; Introduction to Economics,Supply and Demand,Consumer choice,Production Process, Perfect Competition,Imperfect Competition Markets,Factor Market,National income calculations,Economic Growth,Unemployment,Inflation ,Finance Policy,Money Market and Politics,International Trade.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Will be able to explain basic concepts of economics.
13, 16, 9
A
1.1. Define basic concepts.
16, 9
A
1.2. Relate these concepts with the real life.
13, 16, 9
A
2. Will be able to analyse consumer and firm choices.
13, 16, 9
A
2.1. Analyse the concepts of utility and budget constraint.
13, 16, 9
A
2.2. Calculate production costs and profit.
13, 16, 9
A
3. Will be able to evaluate markets.
13, 16, 9
A
3.1. Recognize types of markets.
13, 16, 9
A
3.2. Analyse the formation of market prices.
13, 16, 9
A
3.3. Compare different markets.
13, 16, 9
A
4. Will be able to explain how the macro economy works in general.
13, 16, 9
A
4.1. It evaluates the economy based on national income and employment level.
13, 16, 9
A
4.2. Explains the interaction between macroeconomic variables.
13, 16, 9
A
5. Will be able to make suggestions regarding economic policy
13, 16, 9
A
5.1. Evaluates the decisions of the central bank.
13, 16, 9
A
5.2. It defines the fiscal policy implemented by the state
13, 16, 9
A
6. Will be able to analyze current economic phenomena.
13, 16, 9
A
6.1. Interprets the changes in real quantities such as economic growth and employment level.
13, 16, 9
A
6.2. Discusses the impact of changes in financial quantities such as exchange rates and interest rates on the economy.
13, 16, 9
A
Teaching Methods:
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
Chapter 2 of the course book
2
Supply and Demand
Chapter 3 of the course book
3
Consumer choice
Chapter 6 of the course book
4
Production Process
Chapter 7 of the course book
5
Perfect Competition
Chapter 12 of the course book
6
Imperfect Competition Markets
Sections 13, 14 and 15 of the Course Book
7
Factor Market
Chapter 18 of the Course Book
8
National income calculations
Chapter 21 of the course book
9
Economic Growth
Chapter 32 of the course book
10
Unemployment
Chapter 22 of the course book
11
Inflation
Chapter 22 of the course book
12
Finance Policy
Chapter 24 of the course book
13
Money Market and Politics
Sections 25, 26 and 27 of the Course Book
14
International Trade
Chapter 34 of the course book
Resources
Case, Fair ve Oster, Ekonominin İlkeleri, Palme Yayıncılık, Ankara: 2010
Defines the theoretical knowledge in the field of aviation management.
X
2
Explains the necessary of mathematical and statistical methods in the field of aviation management.
3
Uses at least one computer program required in the field of aviation management.
4
Demonstrates proficiency in foreign language proficiency required in the field of aviation management.
5
Prepares projects about his field and manages team works.
6
It critically evaluates the knowledge and skills that it constantly renews and acquires by following the developments in the field of Aviation management with the awareness of lifelong learning in the professional field,
X
7
Uses theoretical and practical information in the field of aviation management.
X
8
Follows up to date technologies and communicates verbally/writing using a foreign language at least A2 level.
9
Adopts and uses organizational / corporate, business and social ethical values.
10
It adopts social responsibility principles and takes initiative when necessary, within the framework of public service sensitivity.
11
In order to carry out interdisciplinary studies, analyze basic information and data in different disciplines and use them in the field.
12
It offers appropriate suggestions in both micro and macro frameworks in the face of problems in the aviation management sectors.
