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,Short-Run Costs,Long-Run Costs,Factor Markets,Perfect Competition,Monopoly,Oligopoly and 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 explains 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. Evaluate the effects of public policies
12, 13, 16, 9
A
3. Will be able to nalyses 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
4. Will be able to analyses 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 able to evaluates the markets.
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
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
Short-Run Costs
9
Long-Run Costs
10
Factor Markets
11
Perfect Competition
12
Monopoly
13
Oligopoly and Monopolistic Competition
14
Review
Resources
- Case Fair and Oster, Pearson 2016
- Principles of Economics
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
Defines the theoretical issues in the field of business administration
X
2
Describes the necessary qualitative and quantitative methods in the field of business and management.
X
3
Uses at least one computer program in the field of business and management
X
4
Sustains proficiency in a foreign language required for business and management.
X
5
Prepares managerial investment projects and work in a team.
X
6
Constantly renews himself / herself by following developments in business and management with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got.
X
7
Uses theoretical and practical expertise in the field of business administration
X
8
Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication.
X
9
Adopts organizational / institutional and social ethical values.
X
10
Within the framework of service responsiveness, adopts social responsibility principles and takes initiative when necessary.
X
11
Uses and analyses basic facts and data in different disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies.
X
12
Uses and Analyses the fundamental and advanced techniques in the field to enhance business performance, productivity, sustainability,innovation and research, efficiency and effectiveness.
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
15
30
Midterm Exam
1
31
31
General Exam
1
52
52
Performance Task, Maintenance Plan
0
0
0
Total Workload(Hour)
175
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(175/30)
6
ECTS of the course: 30 hours of work is counted as 1 ECTS credit.
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,Short-Run Costs,Long-Run Costs,Factor Markets,Perfect Competition,Monopoly,Oligopoly and 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 explains 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. Evaluate the effects of public policies
12, 13, 16, 9
A
3. Will be able to nalyses 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
4. Will be able to analyses 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 able to evaluates the markets.
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
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
Short-Run Costs
9
Long-Run Costs
10
Factor Markets
11
Perfect Competition
12
Monopoly
13
Oligopoly and Monopolistic Competition
14
Review
Resources
- Case Fair and Oster, Pearson 2016
- Principles of Economics
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
Defines the theoretical issues in the field of business administration
X
2
Describes the necessary qualitative and quantitative methods in the field of business and management.
X
3
Uses at least one computer program in the field of business and management
X
4
Sustains proficiency in a foreign language required for business and management.
X
5
Prepares managerial investment projects and work in a team.
X
6
Constantly renews himself / herself by following developments in business and management with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got.
X
7
Uses theoretical and practical expertise in the field of business administration
X
8
Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication.
X
9
Adopts organizational / institutional and social ethical values.
X
10
Within the framework of service responsiveness, adopts social responsibility principles and takes initiative when necessary.
X
11
Uses and analyses basic facts and data in different disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies.
X
12
Uses and Analyses the fundamental and advanced techniques in the field to enhance business performance, productivity, sustainability,innovation and research, efficiency and effectiveness.
