| Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | | KY109B | Introduction to Economics I | Compulsory | 1 | 1 | 4 |
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| Level of Course Unit |
| First Cycle |
| Objectives of the Course |
| One of the main tasks of the economy is to provide an understanding of the pricing system. In this context, the nature and the name of the economy, such needs, resources, scarcity, choice, positive and normative economics, supply and demand, market equilibrium elasticities, some basic economic concepts such as market balance and price controls changes are introduced. Thus, a basic level of understanding and interpretation of real life events are intended to provide in this course |
| Name of Lecturer(s) |
| Yrd. Doç. Dr. Ş. Mustafa ERSUNGUR |
| Learning Outcomes |
| 1 | Define the basic concepts about economics. | | 2 | understand and explain the functioning of the price mechanism. | | 3 | Analyze the consumer's economic behavior. | | 4 | Income and substitution effects may explain in depth. | | 5 | By fixing the economic problems can be solved the problem. |
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| Mode of Delivery |
| Second Education |
| Prerequisites and co-requisities |
| None |
| Recommended Optional Programme Components |
| None |
| Course Contents |
| It examines the economic behavior of individual units.
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| Weekly Detailed Course Contents |
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| 1 | Introduction and Basic Concepts
- Definition of economics and basic economic concepts
- The basic goal of the Economic Policy | | | | 2 | Overview of the Market Economy
- Definition and Development of Market Economy | | | | 3 | Difference Between Microeconomics and Macroeconomics | | | | 4 |
Learning Mechanism
- Demand Learning Supply Inc.
- Market 'balance | | | | 5 | flexibility
- The price elasticity of demand
- The price elasticity of supply | | | | 6 | State Price Control
- The floor and ceiling prices
- Minimum wage | | | | 7 | Midterm Exam | | | | 8 | Consumer Behavior Theory
- Consumer Preferences
- Consumer Behavior and Consumer Demand | | | | 9 | Production and Costs
- Production Theory
- Production Costs | | | | 10 | Perfect Competition
- Short-run equilibrium in a perfectly competitive market
- Long-run equilibrium in a perfectly competitive market | | | | 11 |
Monopoly Market
- Monopoly Characteristics of the Market
- Price Discrimination | | | | 12 | Monopolistic Competition | | | | 13 | Oligopoly
- Characteristics of Oligopoly
- Cartels and price leadership
- Game theory | | | | 14 | Faktör Piyasaları ve Gelir Dağılımı
- Faktör talebi, arzı ve fiyatı
- Emek ve ücret, sermaye ve faiz, girişimcilik ve kar
| | | | 15 | | | | | 16 | | | |
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| Recommended or Required Reading |
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| 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 | 60 | 60 |
| Final Examination | 1 | 60 | 60 |
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| Contribution of Learning Outcomes to Programme Outcomes |
| LO1 | 2 | 4 | 3 | 3 | 3 | 4 | 3 | 3 | | LO2 | 2 | 3 | 2 | 2 | 2 | 3 | 3 | 3 | | LO3 | 2 | 3 | 2 | 2 | 2 | 3 | 3 | 3 | | LO4 | 2 | 3 | 2 | 2 | 2 | 3 | 3 | 3 | | LO5 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 |
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| * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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