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 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
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
YBS1152870
Fall Semester
3+0
3
5
Course Program
Cuma 09:00-09:45
Cuma 10:00-10:45
Cuma 11:00-11:45
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 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.
