Course Detail
Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| INTRODUCTION to ECONOMICS I | BNK1127660 | 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) | Assoc.Prof. İrfan ERSİN |
| 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 | Explains the concepts of banking and insurance, the relevant legislation, and recognizes the organizations that guide the sector. | X | |||||
| 2 | Performs basic-level activities in banking and insurance, communicates effectively, and utilizes digital tools. | X | |||||
| 3 | Possesses fundamental, up-to-date, and practical knowledge related to their profession. | X | |||||
| 4 | Gains knowledge about occupational health and safety, environmental awareness and quality processes. | ||||||
| 5 | Explains and issues policies for property, service, and life insurance. | ||||||
| 6 | Students convey knowledge concerning financial markets and institutions. | X | |||||
| 7 | Students identify and define transaction types in the banking and insurance sector. | ||||||
| 8 | Effectively utilizes information technologies (software, programs, animation, etc.) related to their profession. | X | |||||
| 9 | Students explain risk types to occur in the sector and hedging techniques. | X | |||||
| 10 | Follows current developments and practices in banking and insurance and uses them effectively. | ||||||
| 11 | Students apply the acquired knowledge regarding the field of banking and insurance to their studies. | X | |||||
| 12 | Has the ability to independently evaluate professional problems and issues with an analytical and critical approach and propose solutions. | ||||||
| 13 | Has awareness of career management and lifelong learning. | X | |||||
| 14 | Effectively presents their thoughts at the level of knowledge and skills through written and verbal communication and expresses them clearly. | X | |||||
| 15 | Uses a foreign language to follow information in their field and communicate with colleagues. | X | |||||
| 16 | Interprets fundamental data related to banking and insurance, identifies risks, defines problems, and proposes solutions. | X | |||||
| 17 | Possesses social, scientific, cultural, and ethical values in the collection, implementation, and dissemination of data related to their field. | X | |||||
| 18 | Takes responsibility as a team member to solve complex and unforeseen problems encountered in practices related to their field. | 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 | 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 | BNK1127660 | 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) | Assoc.Prof. İrfan ERSİN |
| 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 | Explains the concepts of banking and insurance, the relevant legislation, and recognizes the organizations that guide the sector. | X | |||||
| 2 | Performs basic-level activities in banking and insurance, communicates effectively, and utilizes digital tools. | X | |||||
| 3 | Possesses fundamental, up-to-date, and practical knowledge related to their profession. | X | |||||
| 4 | Gains knowledge about occupational health and safety, environmental awareness and quality processes. | ||||||
| 5 | Explains and issues policies for property, service, and life insurance. | ||||||
| 6 | Students convey knowledge concerning financial markets and institutions. | X | |||||
| 7 | Students identify and define transaction types in the banking and insurance sector. | ||||||
| 8 | Effectively utilizes information technologies (software, programs, animation, etc.) related to their profession. | X | |||||
| 9 | Students explain risk types to occur in the sector and hedging techniques. | X | |||||
| 10 | Follows current developments and practices in banking and insurance and uses them effectively. | ||||||
| 11 | Students apply the acquired knowledge regarding the field of banking and insurance to their studies. | X | |||||
| 12 | Has the ability to independently evaluate professional problems and issues with an analytical and critical approach and propose solutions. | ||||||
| 13 | Has awareness of career management and lifelong learning. | X | |||||
| 14 | Effectively presents their thoughts at the level of knowledge and skills through written and verbal communication and expresses them clearly. | X | |||||
| 15 | Uses a foreign language to follow information in their field and communicate with colleagues. | X | |||||
| 16 | Interprets fundamental data related to banking and insurance, identifies risks, defines problems, and proposes solutions. | X | |||||
| 17 | Possesses social, scientific, cultural, and ethical values in the collection, implementation, and dissemination of data related to their field. | X | |||||
| 18 | Takes responsibility as a team member to solve complex and unforeseen problems encountered in practices related to their field. | X | |||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 40 | |
| Rate of Final Exam to Success | 60 | |
| Total | 100 | |