| Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | | SY107 | Introduction to Economics I | Compulsory | 1 | 1 | 4 |
|
| Level of Course Unit |
| First Cycle |
| Objectives of the Course |
| To learn the basic concepts and methodology of microeconomics. |
| Name of Lecturer(s) |
| Dr. Öğr. Üyesi Faruk Sezer |
| Learning Outcomes |
| 1 | Students will be able to adapt the way of economic thinking to the facts of daily life. | | 2 | Students will be able to create simple models of microeconomic phenomena. | | 3 | Students will be able to use the basic concepts of economics correctly and appropriately. | | 4 | Students will be able to understand basic microeconomics issues |
|
| Mode of Delivery |
| Second Education |
| Prerequisites and co-requisities |
| None |
| Recommended Optional Programme Components |
| None |
| Course Contents |
| Basic concepts of economics, demand, supply and market structure. Consumer and producer theories. Market models. |
| Weekly Detailed Course Contents |
|
| 1 | WHAT ARE THE FUNDAMENTALS OF ECONOMICS? | | | | 2 | INTRODUCING THE ELEMENTS OF THE MARKET MECHANISM, THE PHENOMENON OF FLEXIBILITY IN ITS VARIOUS ASPECTS | | | | 3 | DEMAND, BENEFIT CONSUMER THEORY | | | | 4 | MARKET BALANCE AND CHANGES IN MARKET BALANCE | | | | 5 | PRODUCTION ORGANIZATION AND COSTS | | | | 6 | SUPPLY AND PRICING IN THE COMPETITIVE MARKET, MONOPOL | | | | 7 | DISRUPTIVE COMPETITION MARKETS, OLIGOPOL AND MONOPOLY COMPETITION MARKETS | | | | 8 | MIDTERM EXAM | | | | 9 | INCOME RE-DISTRICATION, INCOME DISTRIBUTION AND INEQUALITY,
RELATIONSHIP OF INEQUALITY AND EFFICIENCY | | | | 10 | INCOME RE-DISTRICATION, INCOME DISTRIBUTION AND INEQUALITY,
RELATIONSHIP OF INEQUALITY AND EFFICIENCY II | | | | 11 | MARKETS EFFICIENCY AND PUBLIC INTEREST, PUBLIC CHOISE THEORY, MARKET FAILURES | | | | 12 | UNCERTINITY AND KNOELEDGE | | | | 13 | MARKET REGULATION, CUSTOMIZATION | | | | 14 | BACKGROUND OF DEMAND: CONSUMER CHOISE THEORY | | | | 15 | PUBLIC GOODS, COMMON RESOURCES AND VALUABLES | | |
|
| Recommended or Required Reading |
| N. Gregory Mankiw, Mark P. Taylor (2014), Economics, Cengage Learning |
| 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 | 1 | 1 |
| Final Examination | 1 | 2 | 2 |
| Attending Lectures | 14 | 3 | 42 |
| Question-Answer | 10 | 1 | 10 |
| Self Study | 14 | 2 | 28 |
| Reading | 14 | 2 | 28 |
|
| Contribution of Learning Outcomes to Programme Outcomes |
| LO1 | 1 | 1 | 4 | 1 | 2 | 1 | 2 | | | 1 | 1 | 1 | 1 | 1 | 1 | | LO2 | 1 | 1 | 4 | 1 | 2 | 1 | 2 | | | 1 | 1 | 1 | 1 | 1 | 1 | | LO3 | 1 | 1 | 4 | 1 | 2 | 1 | 2 | | | 1 | 1 | 1 | 1 | 1 | 1 | | LO4 | 1 | 1 | 4 | 1 | 2 | 1 | 2 | | | 1 | 1 | 1 | 1 | 1 | 1 |
|
| * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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