BAYBURT University Information Package / Course Catalogue

Home Information on the Institution Information on Degree Programmes General Information for Students
Description of Individual Course Units
Course Unit CodeCourse Unit TitleType of Course UnitYear of StudySemesterNumber of ECTS Credits
ÜS0201.8Basic EconomicsElective232
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)
Learning Outcomes
1They will learn the basic concepts of general economics
2They will learn the supply and demand functions and the factors affecting them
3Will be able to understand what economic terms in daily life mean
Mode of Delivery
Second Education
Prerequisites and co-requisities
Recommended Optional Programme Components
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
WeekTheoreticalPracticeLaboratory
1Introduction to micro economy
2Demand and supply
3Market equilibrium
4Changes in market equilibrium
5Consumer balance
6Producer balance
7Midterm
8Perfect competition market
9The Birth of the Macro Economic Flow and Macro Models
10Concepts Related to National Income and National Income Calculation Methods
11Money, money demand and money supply
12Inflation
13Employment and Unemployment
14Simple Keynesian model
15Final examination
Recommended or Required Reading
Planned Learning Activities and Teaching Methods
Assessment Methods and Criteria
Term (or Year) Learning ActivitiesQuantityWeight
Midterm Examination1100
SUM100
End Of Term (or Year) Learning ActivitiesQuantityWeight
Final Examination1100
SUM100
Term (or Year) Learning Activities40
End Of Term (or Year) Learning Activities60
SUM100
Language of Instruction
Work Placement(s)
Workload Calculation
ActivitiesNumberTime (hours)Total Work Load (hours)
Attending Lectures14114
Problem Solving14114
Discussion14114
Question-Answer14114
TOTAL WORKLOAD (hours)56
Contribution of Learning Outcomes to Programme Outcomes
PO
1		PO
2		PO
3		PO
4		PO
5		PO
6		PO
7		PO
8		PO
9		PO
10		PO
11		PO
12		PO
13		PO
14		PO
15
LO1               
LO2               
LO3               
* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High