Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | YÖN109B | General Economy | Compulsory | 1 | 1 | 5 |
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Level of Course Unit |
First Cycle |
Objectives of the Course |
The main objective of this course is to introduce main topics in microeconomics and prepare students for intermediate and advance micro economy courses both in undergraduate and post graduate studies. |
Name of Lecturer(s) |
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Learning Outcomes |
1 | Upon successful completion of the course explain the basic economic consepts and problems | 2 | Upon successful completion of the course develop the ability of working with graphs in economics | 3 | Upon successful completion of the course define the structure of markets in the economy | 4 | Upon successful completion of the course define the characteristics of markets in the economy. | 5 | Upon successful completion of the course explain the relations between economics variables |
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Mode of Delivery |
Normal Education |
Prerequisites and co-requisities |
None |
Recommended Optional Programme Components |
None |
Course Contents |
In this course; basic principles of economics, supply,demand and market equilibrium, elasticity and its application, consumer end producer equilibrium, perfect competition, monopoly, monopolistic competition and oligopoly,factors of production are the topics that are covered. |
Weekly Detailed Course Contents |
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1 | What is economy? | | | 2 | Demand, Supply, Demand Curve, Supply Curve, Determining the price | | | 3 | Elasticities | | | 4 | Demandand supply: some applications; determinants of export and import; consumer surplus and producer surplus | | | 5 | Production and costs:short term production, long term production, costs of short term and long term production, costs curves | | | 6 | Perfect Competition Market | | | 7 | Imperfect Competition Markets | | | 8 | Midterm | | | 9 | Macroeconomy: Definition, Overview and Development | | | 10 | Economic Performance Evaluation | | | 11 | Imperfect competition, The theory of monopolistic competition, Charasteristics of oligopoly | | | 12 | Fundamental Macroeconomic Indicators and Notions | | | 13 | Classical and Keynesian Economics | | | 14 | The Role of Government and The Optimum Income Level in an Open Economy | | | 15 | Money and Banking | | | 16 | End of Term Exam | | |
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Recommended or Required Reading |
All textbooks and materials named “Introduction to Economics”. |
Planned Learning Activities and Teaching Methods |
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Assessment Methods and Criteria | |
Midterm Examination | 1 | 30 | Individual Study for Mid term Examination | 15 | 50 | Homework | 1 | 20 | SUM | 100 | |
Final Examination | 1 | 70 | Individual Study for Final Examination | 15 | 30 | SUM | 100 | Term (or Year) Learning Activities | 30 | End Of Term (or Year) Learning Activities | 70 | SUM | 100 |
| Language of Instruction | Turkish | Work Placement(s) | None |
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Workload Calculation |
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Midterm Examination | 1 | 15 | 15 |
Final Examination | 1 | 15 | 15 |
Individual Study for Mid term Examination | 15 | 4 | 60 |
Individual Study for Final Examination | 15 | 3 | 45 |
Homework | 1 | 10 | 10 |
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Contribution of Learning Outcomes to Programme Outcomes |
LO1 | 1 | 1 | 1 | 1 | 1 | 1 | LO2 | 2 | 2 | 2 | 2 | 2 | 2 | LO3 | 3 | 3 | 3 | 3 | 3 | 3 | LO4 | 4 | 4 | 4 | 4 | 4 | 4 | LO5 | 5 | 5 | 5 | 5 | 5 | 5 |
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* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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