| Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | | SB109B | Entry into business | Compulsory | 1 | 1 | 4 |
|
| Level of Course Unit |
| First Cycle |
| Objectives of the Course |
| To teach the basic concepts of economics, economic thought movements, consumer equilibrium, producer equilibrium, cost formation, cost types and market concepts. |
| Name of Lecturer(s) |
| Dr. Öğr. Üyesi Duygu BAYSAL KURT |
| Learning Outcomes |
| 1 | Define economics and explain the problem of scarcity in this context. | | 2 | Explain how the laws of supply and demand work. | | 3 | Explain how consumer equilibrium and producer equilibrium occur. | | 4 | Explain the concept of market and give information about market types. | | 5 | Explain the differences between perfect competition and monopoly markets, and explain the formation of equilibrium in these market types. |
|
| Mode of Delivery |
| Normal Education |
| Prerequisites and co-requisities |
| None |
| Recommended Optional Programme Components |
| None |
| Course Contents |
| It consists of consumer equilibrium, producer equilibrium, monopoly market and perfect competition market. |
| Weekly Detailed Course Contents |
|
| 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 | Consumer Behavior Theory
- Consumer Preferences
- Consumer Behavior and Consumer Demand | | | | 8 | Midterm Exam | | | | 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 | General evalution | | |
|
| Recommended or Required Reading |
| Orhan ÇOBAN, İktisada Giriş, (2015), Atlas Akademi Yayınları, İstanbul. |
| 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 | 1 | 1 |
| Makeup Examination | 1 | 1 | 1 |
| Individual Study for Mid term Examination | 12 | 5 | 60 |
| Individual Study for Final Examination | 12 | 5 | 60 |
|
| Contribution of Learning Outcomes to Programme Outcomes |
| LO1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | | LO2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | | LO3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | | LO4 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | | LO5 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
|
| * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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