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,Fiscal Policy,Money Market and Fiscal Policy,International Trade.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Will be able to explain basic concepts of economics.
16, 9
A
1.1. Define basic concepts.
1.2. Relate these concepts with the real life.
2. Will be able to analyse consumer and firm choices.
16, 9
A
2.1. Analyse the concepts of utility and budget constraint.
2.2. Calculate production costs and profit.
3. Will be able to evaluate markets.
16, 9
A
3.1. Recognize types of markets.
3.2. Analyse the formation of market prices.
3.3. Compare different markets.
4. Will be able to explain how the macro economy works in general.
16, 9
A
4.1. Evaluate the economy in terms of national income and employment level.
4.2. Explain the interaction between macroeconomic variables.
5. Will be able to make suggestions regarding economic policy.
16, 9
A
5.1. Evaluate the decisions made by the central bank.
5.2. Evaluate the fiscal policy used by the government.
6. Will be able to analyze current economic phenomena.
16, 9
A
6.1. Comment on the changes in the real aggregates like economic growth and employment level.
6.2. Discuss the effects of changes in financial aggregates such as the exchange rate and interest rate on economy.
Case, K. E., Fair, R. C., & Oster, S. E. (2019). Principles of Economics. 13 ED. Prentice Hall Business Publishing.
Parkin, (2018), Economics, 13 ed. Pearson
Seyidoğlu, H., (2017) İktisat Biliminin Temelleri, Güzem Can yayınları, 3. baskı
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 information and management.
2
Describes the necessary mathematical and statistical methods in the field of information and management.
3
Uses at least one computer program in the field of information and management.
4
Sustains proficiency in a foreign language requiredor information and management studies.
5
Prepares informatics/software projects and work in a team.
6
Constantly updates himself / herself by following developments in science and technology with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got.7. Uses theoretical and practical expertise in the field of information and management
7
Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication skills.
8
Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication.
9
Adopts organizational / institutional and social ethical values.
X
10
Within the framework of community involvement adopts social responsibility principles and takes initiative when necessary.
11
Uses and analyses basic facts and data in various disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies.
X
12
Writes software in different platforms such as desktop, mobile, web on its own and / or in a team.
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
0
0
0
Guided Problem Solving
0
0
0
Resolution of Homework Problems and Submission as a Report
0
0
0
Term Project
0
0
0
Presentation of Project / Seminar
0
0
0
Quiz
0
0
0
Midterm Exam
0
0
0
General Exam
0
0
0
Performance Task, Maintenance Plan
0
0
0
Total Workload(Hour)
0
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(0/30)
0
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
MIS1171280
Fall Semester
3+0
3
6
Course Program
Prerequisites Courses
Recommended Elective Courses
Language of Course
English
Course Level
First Cycle (Bachelor's Degree)
Course Type
Required
Course Coordinator
Assist.Prof. Ayşe Saime DÖNER
Name of Lecturer(s)
Lect.Dr. Kerem CANTEKİN
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,Fiscal Policy,Money Market and Fiscal Policy,International Trade.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Will be able to explain basic concepts of economics.
16, 9
A
1.1. Define basic concepts.
1.2. Relate these concepts with the real life.
2. Will be able to analyse consumer and firm choices.
16, 9
A
2.1. Analyse the concepts of utility and budget constraint.
2.2. Calculate production costs and profit.
3. Will be able to evaluate markets.
16, 9
A
3.1. Recognize types of markets.
3.2. Analyse the formation of market prices.
3.3. Compare different markets.
4. Will be able to explain how the macro economy works in general.
16, 9
A
4.1. Evaluate the economy in terms of national income and employment level.
4.2. Explain the interaction between macroeconomic variables.
5. Will be able to make suggestions regarding economic policy.
16, 9
A
5.1. Evaluate the decisions made by the central bank.
5.2. Evaluate the fiscal policy used by the government.
6. Will be able to analyze current economic phenomena.
16, 9
A
6.1. Comment on the changes in the real aggregates like economic growth and employment level.
6.2. Discuss the effects of changes in financial aggregates such as the exchange rate and interest rate on economy.
Case, K. E., Fair, R. C., & Oster, S. E. (2019). Principles of Economics. 13 ED. Prentice Hall Business Publishing.
Parkin, (2018), Economics, 13 ed. Pearson
Seyidoğlu, H., (2017) İktisat Biliminin Temelleri, Güzem Can yayınları, 3. baskı
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 information and management.
2
Describes the necessary mathematical and statistical methods in the field of information and management.
3
Uses at least one computer program in the field of information and management.
4
Sustains proficiency in a foreign language requiredor information and management studies.
5
Prepares informatics/software projects and work in a team.
6
Constantly updates himself / herself by following developments in science and technology with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got.7. Uses theoretical and practical expertise in the field of information and management
7
Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication skills.
8
Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication.
9
Adopts organizational / institutional and social ethical values.
X
10
Within the framework of community involvement adopts social responsibility principles and takes initiative when necessary.
11
Uses and analyses basic facts and data in various disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies.
X
12
Writes software in different platforms such as desktop, mobile, web on its own and / or in a team.
