Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | SHU116B2 | General Economy | Compulsory | 1 | 2 | 2 |
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Level of Course Unit |
Short Cycle |
Objectives of the Course |
This course aims to understand the role and importance of economics as a social science and academic discipline, to recognize and develop economic concepts; To reconcile these learned concepts with the real world and to evaluate the importance of the economic forces that shape the contemporary world. |
Name of Lecturer(s) |
Öğr. Gör. Yunus YÜCEL |
Learning Outcomes |
1 | They will learn the basic concepts of general economics
| 2 | They will learn the supply and demand functions and the factors affecting them
| 3 | Will be able to understand what economic terms in daily life mean | 4 | Interpret macroeconomic variables |
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Mode of Delivery |
Normal Education |
Prerequisites and co-requisities |
None |
Recommended Optional Programme Components |
None |
Course Contents |
Demand curve, Individual and market demand, Shifts in demand curve, Elasticity of demand, Supply curve, Individual and market supply, Shifts in supply curve.
Goods, services and money flow in economy, definition and functions of money, types of money, money supply and demand, relations between money amount and prices, monetary policy, Concepts related to national income, methods of calculating national income, importance of national income, concepts related to employment. , unemployment types, the relationship between unemployment and inflation. |
Weekly Detailed Course Contents |
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1 | Introduction to micro economy | | | 2 | Demand and supply | Answering questions about products that have excess demand and supply in our country | | 3 | Market equilibrium | | | 4 | Changes in market equilibrium | | | 5 | Consumer balance | | | 6 | Producer balance | | | 7 | Perfect competition market | | | 8 | Midterm | | | 9 | The Birth of the Macro Economic Flow and Macro Models | | | 10 | Concepts Related to National Income and National Income Calculation Methods | Examining GDP data of developed countries and Turkey | | 11 | Money, money demand and money supply | | | 12 | Inflation | Question and answer about inflation data of countries | | 13 | Employment and Unemployment | Examining unemployment data of developed countries and Turkey | | 14 | Simple Keynesian model | | | 15 | Simple Keynesian model | | | 16 | Final examination | | |
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Recommended or Required Reading |
Prof. Dr. Metin BERBER ve Prof. Dr. Ersan BOCUTOĞLU |
Planned Learning Activities and Teaching Methods |
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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 |
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Workload Calculation |
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Midterm Examination | 1 | 1 | 1 |
Final Examination | 1 | 2 | 2 |
Attending Lectures | 14 | 1 | 14 |
Problem Solving | 7 | 1 | 7 |
Discussion | 7 | 3 | 21 |
Question-Answer | 7 | 3 | 21 |
Individual Study for Mid term Examination | 1 | 1 | 1 |
Individual Study for Final Examination | 1 | 1 | 1 |
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Contribution of Learning Outcomes to Programme Outcomes |
LO1 | 2 | 2 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | LO2 | 2 | 2 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | LO3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | LO4 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 |
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* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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