Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | ÜS0201.8 | Basic Economics | Elective | 2 | 3 | 2 |
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Level of Course Unit |
First 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) |
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Learning Outcomes |
1 | They will learn the basic concepts of general economics | 2 | They will learn the supply and demand functions and the factors affecting them | 3 | Will be able to understand what economic terms in daily life mean |
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Mode of Delivery |
Normal Education |
Prerequisites and co-requisities |
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Recommended Optional Programme Components |
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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 |
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1 | Introduction to micro economy | | | 2 | Demand and supply | | | 3 | Market equilibrium | | | 4 | Changes in market equilibrium | | | 5 | Consumer balance | | | 6 | Producer balance | | | 7 | Midterm | | | 8 | Perfect competition market | | | 9 | The Birth of the Macro Economic Flow and Macro Models | | | 10 | Concepts Related to National Income and National Income Calculation Methods | | | 11 | Money, money demand and money supply | | | 12 | Inflation | | | 13 | Employment and Unemployment | | | 14 | Simple Keynesian model | | | 15 | Final examination | | |
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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 | | Work Placement(s) | |
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Workload Calculation |
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Attending Lectures | 14 | 1 | 14 |
Problem Solving | 14 | 1 | 14 |
Discussion | 14 | 1 | 14 |
Question-Answer | 14 | 1 | 14 |
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Contribution of Learning Outcomes to Programme Outcomes |
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* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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