EKO101

Course Title Course Code Program Level
ECONOMICS I EKO101 Statistics B.A. / B.Sc.

Course Term
(Course Semester)
Teaching and Learning Methods
Credits
Theory Practice Lab Projects/Field Work Seminars/Workshops Other Total Credits ECTS Credits
01
(Fall)		 42 84 126 3 5

Teaching Staff
Language of Instruction Türkçe (Turkish)
Type Of Course Compulsory
Prerequisites None
Recommended Optional Programme Component
Course Objectives Aims at providing students to behave rationally as a producer and/or a consumer.
Course Content Introduction to economics, basic conceptual and methods, price mechanism, market actors and their attitudes.
Learning Outcomes (LO) To gain the ability of being aware of “economic reality” in social life.
Mode of Delivery Face to face
Course Outline
Week Topics
1. Week Basic conceptual and definitions. Common economic problems of societies.
2. Week Analysis of economic issues, methodology.
3. Week Price mechanism, law of demand, law of supply, geometric analysis.
4. Week Supply and demand elasticity, government intervention.
5. Week Theory of consumer behavior.
6. Week Theory of producer and firm behavior.
7. Week Cost, profit, equilibrium, maximum profit, normal profit, and loss.
8. Week Types of Markets, Theory of Perfect Competition.
9. Week Types of Markets, Theory of Perfect Competition.
10. Week Theory of monopoly and oligopoly.
11. Week Monopolistic competition
12. Week Factor prices, redistribution theorem.
13. Week Free market; efficiency of market and price mechanism.
14. Week Current economic issues, review.
Assessment
  Percentage(%)
Mid-term (%) 40
Quizes (%)
Homeworks/Term papers (%)
Practice (%)
Labs (%)
Projects/Field Work (%)
Seminars/Workshops (%)
Final (%) 60
Other (%)
Total(%) 100
Course Book (s) and/or References -Prof. Dr. Orhan Türkay, Mikro İktisat-İktisata Giriş -Prof. Dr. Halil Seyidoğlu, İktisat -Other references of Microeconomics
Work Placement(s)
The Relationship between Program Qualifications (PQ) and Course Learning Outcomes (LO)