Course Detail
Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| INTRODUCTION to ECONOMICS I | MVU1127660 | Fall Semester | 2+0 | 2 | 4 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | Turkish |
| Course Level | Short Cycle (Associate's Degree) |
| Course Type | Required |
| Course Coordinator | Assoc.Prof. İrfan ERSİN |
| Name of Lecturer(s) | Assist.Prof. Numan ÖZAKPINAR |
| Assistant(s) | |
| Aim | The aim of this course is to explain the basic principles of economics and the behavior and decision making processes of individuals and institutions in the light of these principles. |
| Course Content | This course contains; Introduction to Economics,An Overview of Market Economy,Supply-Demand,Elasticity and Consumer-Producer Surplus,State Intervention in the Market,Consumer Choice,Producer Choice,Competitive Markets,Monopoly,Oligopoly and Monopolistic Competition,Externalities and Market Failure,The Role of Government and Public Goods,The Markets for the Factors of Production,Income Distribution and Poverty. |
| Course Learning Outcomes | Teaching Methods | Assessment Methods |
| 1. List the basic principles on which economics is based. | 10, 16, 9 | C |
| 2. It explain price and quantity formation in the economy. | 10, 12, 16, 9 | C |
| 3. Analyzes consumer and company behavior | 10, 16, 9 | C |
| 4. Evaluates the markets. | 10, 16, 9 | C |
| 5. Interprets income distribution and factor markets. | 10, 12, 16, 9 | C |
| 6. Gives examples about markets | 10, 12, 13, 16 | C |
| Teaching Methods: | 10: Discussion Method, 12: Problem Solving Method, 13: Case Study Method, 16: Question - Answer Technique, 9: Lecture Method |
| Assessment Methods: | C: Multiple-Choice Exam |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | Introduction to Economics | |
| 2 | An Overview of Market Economy | |
| 3 | Supply-Demand | |
| 4 | Elasticity and Consumer-Producer Surplus | |
| 5 | State Intervention in the Market | |
| 6 | Consumer Choice | |
| 7 | Producer Choice | |
| 8 | Competitive Markets | |
| 9 | Monopoly | |
| 10 | Oligopoly and Monopolistic Competition | |
| 11 | Externalities and Market Failure | |
| 12 | The Role of Government and Public Goods | |
| 13 | The Markets for the Factors of Production | |
| 14 | Income Distribution and Poverty |
| Resources |
| 112/5000 General Economics, Dr. Osman Orhan Dr. Seyfettin Erdoğan, Umuttepe publications, 7th edition, Kocaeli, 2013. Ertek, T. (2017). Basic Economics with Examples from the Press, (5th Edition). Beta Basım Yayin, October, Istanbul. |
| Sharon M. Oster et al, Principles of Economics, Palme Publishing, Ankara, 2010. Dinler, Z. (2023). Introduction to Economics.(28th Edition). Bursa: Ekin Publishing Publishing. |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Having adequate infrastructure in the fields of accounting, law, basic management, management and field; To gain theoretical and practical knowledge in these areas. | X | |||||
| 2 | Gains knowledge about occupational health and safety, environmental awareness and quality processes. | ||||||
| 3 | To be able to interpret and evaluate data, to identify and analyze data using the basic knowledge and skills acquired in the field, and to be able to develop evidence-based solutions. | X | |||||
| 4 | To be able to design, plan and carry out projects using professional environments and tools related to the field. | X | |||||
| 5 | Follows current developments and applications for his/her profession and uses them effectively. | ||||||
| 6 | Awareness of the necessity of life-long learning; To follow the developments in science and technology and to gain the consciousness of renewing itself continuously. | ||||||
| 7 | To gain the application skills by examining the processes related to the field of public and private sector organizations on site. | X | |||||
| 8 | To be able to identify and effectively use the modern techniques, tools and information technologies required for applications related to the field. | ||||||
| 9 | Having a level of foreign language knowledge that can follow the innovations in the field of judge and field to effective communication techniques. | ||||||
| 10 | To be able to present his/her thoughts effectively through written and oral communication at the level of knowledge and skills and express them clearly. | ||||||
| 11 | To be able to produce solutions, to take responsibilities in teams or to be able to do individual work in case of encountering unforeseen situations in field related applications. | X | |||||
| 12 | To have a command of professional principles and legal legislation in performing accounting and tax services and to explain auditing and accounting standards. | ||||||
| 13 | Organize and analyze financial statements. | ||||||
| 14 | Relate accounting and tax information with disciplines such as economics, sociology and law. | ||||||
| 15 | Explains the procedures and principles regarding commercial information, documents, books and notifications and their applications in electronic media. | ||||||
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 | 2 | 28 | |||
| Guided Problem Solving | 1 | 12 | 12 | |||
| Resolution of Homework Problems and Submission as a Report | 12 | 1 | 12 | |||
| Term Project | 12 | 1 | 12 | |||
| Presentation of Project / Seminar | 0 | 0 | 0 | |||
| Quiz | 1 | 10 | 10 | |||
| Midterm Exam | 1 | 20 | 20 | |||
| General Exam | 1 | 25 | 25 | |||
| Performance Task, Maintenance Plan | 0 | 0 | 0 | |||
| Total Workload(Hour) | 119 | |||||
| Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(119/30) | 4 | |||||
| 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 |
|---|---|---|---|---|---|
| INTRODUCTION to ECONOMICS I | MVU1127660 | Fall Semester | 2+0 | 2 | 4 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | Turkish |
| Course Level | Short Cycle (Associate's Degree) |
| Course Type | Required |
| Course Coordinator | Assoc.Prof. İrfan ERSİN |
| Name of Lecturer(s) | Assist.Prof. Numan ÖZAKPINAR |
| Assistant(s) | |
| Aim | The aim of this course is to explain the basic principles of economics and the behavior and decision making processes of individuals and institutions in the light of these principles. |
| Course Content | This course contains; Introduction to Economics,An Overview of Market Economy,Supply-Demand,Elasticity and Consumer-Producer Surplus,State Intervention in the Market,Consumer Choice,Producer Choice,Competitive Markets,Monopoly,Oligopoly and Monopolistic Competition,Externalities and Market Failure,The Role of Government and Public Goods,The Markets for the Factors of Production,Income Distribution and Poverty. |
| Course Learning Outcomes | Teaching Methods | Assessment Methods |
| 1. List the basic principles on which economics is based. | 10, 16, 9 | C |
| 2. It explain price and quantity formation in the economy. | 10, 12, 16, 9 | C |
| 3. Analyzes consumer and company behavior | 10, 16, 9 | C |
| 4. Evaluates the markets. | 10, 16, 9 | C |
| 5. Interprets income distribution and factor markets. | 10, 12, 16, 9 | C |
| 6. Gives examples about markets | 10, 12, 13, 16 | C |
| Teaching Methods: | 10: Discussion Method, 12: Problem Solving Method, 13: Case Study Method, 16: Question - Answer Technique, 9: Lecture Method |
| Assessment Methods: | C: Multiple-Choice Exam |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | Introduction to Economics | |
| 2 | An Overview of Market Economy | |
| 3 | Supply-Demand | |
| 4 | Elasticity and Consumer-Producer Surplus | |
| 5 | State Intervention in the Market | |
| 6 | Consumer Choice | |
| 7 | Producer Choice | |
| 8 | Competitive Markets | |
| 9 | Monopoly | |
| 10 | Oligopoly and Monopolistic Competition | |
| 11 | Externalities and Market Failure | |
| 12 | The Role of Government and Public Goods | |
| 13 | The Markets for the Factors of Production | |
| 14 | Income Distribution and Poverty |
| Resources |
| 112/5000 General Economics, Dr. Osman Orhan Dr. Seyfettin Erdoğan, Umuttepe publications, 7th edition, Kocaeli, 2013. Ertek, T. (2017). Basic Economics with Examples from the Press, (5th Edition). Beta Basım Yayin, October, Istanbul. |
| Sharon M. Oster et al, Principles of Economics, Palme Publishing, Ankara, 2010. Dinler, Z. (2023). Introduction to Economics.(28th Edition). Bursa: Ekin Publishing Publishing. |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Having adequate infrastructure in the fields of accounting, law, basic management, management and field; To gain theoretical and practical knowledge in these areas. | X | |||||
| 2 | Gains knowledge about occupational health and safety, environmental awareness and quality processes. | ||||||
| 3 | To be able to interpret and evaluate data, to identify and analyze data using the basic knowledge and skills acquired in the field, and to be able to develop evidence-based solutions. | X | |||||
| 4 | To be able to design, plan and carry out projects using professional environments and tools related to the field. | X | |||||
| 5 | Follows current developments and applications for his/her profession and uses them effectively. | ||||||
| 6 | Awareness of the necessity of life-long learning; To follow the developments in science and technology and to gain the consciousness of renewing itself continuously. | ||||||
| 7 | To gain the application skills by examining the processes related to the field of public and private sector organizations on site. | X | |||||
| 8 | To be able to identify and effectively use the modern techniques, tools and information technologies required for applications related to the field. | ||||||
| 9 | Having a level of foreign language knowledge that can follow the innovations in the field of judge and field to effective communication techniques. | ||||||
| 10 | To be able to present his/her thoughts effectively through written and oral communication at the level of knowledge and skills and express them clearly. | ||||||
| 11 | To be able to produce solutions, to take responsibilities in teams or to be able to do individual work in case of encountering unforeseen situations in field related applications. | X | |||||
| 12 | To have a command of professional principles and legal legislation in performing accounting and tax services and to explain auditing and accounting standards. | ||||||
| 13 | Organize and analyze financial statements. | ||||||
| 14 | Relate accounting and tax information with disciplines such as economics, sociology and law. | ||||||
| 15 | Explains the procedures and principles regarding commercial information, documents, books and notifications and their applications in electronic media. | ||||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 40 | |
| Rate of Final Exam to Success | 60 | |
| Total | 100 | |