Course Detail

Course Description Course Outline Course Contribution to Program Qualifications Assessment Methods ECTS-Workload Detail Informations of the Course Numerical Data

Course Description

Course	Code	Semester	T+P (Hour)	Credit	ECTS
PRINCIPLES ECONOMICS	MIS1154250	Fall Semester	3+0	3	5

Course Program

Pazartesi 13:30-14:15

Pazartesi 14:30-15:15

Pazartesi 15:30-16:15

Cumartesi 13:30-14:15

Cumartesi 14:30-15:15

Cumartesi 15:30-16:15

Prerequisites Courses
Recommended Elective Courses

Language of Course	English
Course Level	First Cycle (Bachelor's Degree)
Course Type	Required
Course Coordinator	Assist.Prof. Erdal HARUNOĞULLARI
Name of Lecturer(s)	Assist.Prof. Erdal HARUNOĞULLARI
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 the micro and macro scale in the light of these principles.
Course Content	This course contains; Introduction to Economics ,Supply and Demand,Household Behavior and Consumer Choice,Production Process,Factor Markets,Perfect Competititon and Monpoly,Oligopoly and Monopolistic Competition,Calculation of National Income,Economic Growth,Unemployment,Inflation,Fiscal Policy,Money Market and Monetary Policy,International Trade and Finance.

Course Learning Outcomes	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, E
3.1. Recognize types of markets	13, 16, 9	A, E
3.2. Analyse the formation of market prices.	13, 16, 9	A, E
3.3. Compare different markets	13, 16, 9	A, E
4. Will be able to explain how the macro economy works in general.	13, 16, 9	A
4.1. Evaluate the economy in terms of national income and employment level	13, 16, 9	A
4.2. Explain the interaction between macroeconomic variables.	13, 16, 9	A
5. Will be able to make suggestions regarding economic policy.	13, 16, 9	A, E
5.1. Evaluate the decisions made by the central bank.	13, 16, 9	A, E
5.2. Evaluate the fiscal policy used by the government.	13, 16, 9	A, E
6. Will be able to analyze current economic phenomena.	13, 16, 9	A
6.1. Comment on the changes in the real aggregates like economic growth and employment leve	13, 16, 9	A
6.2. Discuss the effects of changes in financial aggregates such as the exchange rate and interest rate on economy.	13, 16, 9	A

Teaching Methods:	13: Case Study Method, 16: Question - Answer Technique, 9: Lecture Method
Assessment Methods:	A: Traditional Written Exam, E: Homework

Course Outline

Order	Subjects	Preliminary Work
1	Introduction to Economics
2	Supply and Demand
3	Household Behavior and Consumer Choice
4	Production Process
5	Factor Markets
6	Perfect Competititon and Monpoly
7	Oligopoly and Monopolistic Competition
8	Calculation of National Income
9	Economic Growth
10	Unemployment
11	Inflation
12	Fiscal Policy
13	Money Market and Monetary Policy
14	International Trade and Finance

Resources

Case, Fair and Oster, "Principles of Economics"

Begg, Vernasca, Fischer and Dornbusch, "Economics".

Course Contribution to Program Qualifications

Course Contribution to Program Qualifications
No	Program Qualification	Contribution Level
No	Program Qualification	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.
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	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