| Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | | SAK109B | General Economics | Compulsory | 1 | 1 | 5 |
|
| Level of Course Unit |
| Short Cycle |
| Objectives of the Course |
| Aims of this course are understand of economic life and the conceps which are used in daily life, give enough knowledge about the rational consumer choice, national income, economic thought and systems |
| Name of Lecturer(s) |
|
| Learning Outcomes |
| 1 | Understanding of Basic Concepts in Economics | | 2 | Understanding of the Hosehold Behavior and Consumer Choice | | 3 | Understanding of the Concept of Markets | | 4 | Understanding of the Behavior of Profit-Maximizing Firms | | 5 | Understanding of the Markets | | 6 | Understanding of basic concepts of economics | | 7 | National Income and Learning of The Equilibrium of National Income | | 8 | Understanding of The Role of Government in Economics and Determining National Income | | 9 | Understang of the Concepts of Money, Economic Growth, and Basic Concepts of Economic Systems. |
|
| Mode of Delivery |
| Normal Education |
| Prerequisites and co-requisities |
| None |
| Recommended Optional Programme Components |
| None |
| Course Contents |
| Economic life, economic events, the economic actors and the behavior of these actors, utility and profit. |
| Weekly Detailed Course Contents |
|
| 1 | The Scope and Method of Economics
| | | | 2 | Demand, Supply and Market Equilibrium
| | | | 3 | Price Elasticity of Demand and Calculating Elasticities
| | | | 4 | Consumer Equilibrium: Utility Analysis
| | | | 5 | The Theory of Production: The Law of Diminishing Marginal Productivity, Isoquants and Isocost Line Functions, and Determining Long-run Production Costs
| | | | 6 | The Revenue of Firms and Equilibrium of Firms.
| | | | 7 | Midterm exam | | | | 8 | The Determining of Income Functions of Monopoly Firms and Equilibrium of Firms, The Comparison of Firms in the Competitive and Monopoly Conditions
| | | | 9 | The Determining of Income Functions of Monopoly Firms and Equilibrium of Firms, The Comparison of Firms in the Competitive and Monopoly Conditions
| | | | 10 | Introduction to Macroeconomics
| | | | 11 | Calculating National Income, Aggregate Demand and Aggregate Supply, and Determining of Level of Equilibrium
| | | | 12 | Investment-Income Multiplier
| | | | 13 | Fiscal and Monetary Issues
| | | | 14 | Income Distribution and Economic Growth
| | | | 15 | International Economic Affairs
| | | | 16 | Final exam | | |
|
| Recommended or Required Reading |
| Rayvon-M Allen, introduction to Economics, Exchange publications, İstanbul, 2004 (4th Edition)
Ersan Bocutoğlu, Banyai, Kenan Steel, introduction to economics AkademisyenYayınları, Trabzon, 2002 |
| Planned Learning Activities and Teaching Methods |
|
| Assessment Methods and Criteria | |
| Midterm Examination | 1 | 100 | | SUM | 100 | |
| Final Examination | 1 | 100 | | SUM | 100 | | Term (or Year) Learning Activities | 40 | | End Of Term (or Year) Learning Activities | 60 | | SUM | 100 |
| | Language of Instruction | | Turkish | | Work Placement(s) | | None |
|
| Workload Calculation |
|
| Midterm Examination | 1 | 2 | 2 |
| Final Examination | 1 | 2 | 2 |
| Attending Lectures | 14 | 3 | 42 |
| Self Study | 14 | 4 | 56 |
| Individual Study for Mid term Examination | 1 | 12 | 12 |
| Individual Study for Final Examination | 1 | 16 | 16 |
| Homework | 1 | 8 | 8 |
|
| Contribution of Learning Outcomes to Programme Outcomes |
| LO1 | | LO2 | | LO3 | | LO4 | | LO5 | | LO6 | | LO7 | | LO8 | | LO9 |
|
| * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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