| Teaching Staff
|
Dr. Öğr. Üyesi N. Hande SEVGİ |
| Language of Instruction |
Türkçe (Turkish) |
| Type Of Course |
Compulsory |
| Prerequisites |
- |
| Recommended Optional Programme Component |
|
| Course Objectives |
The main purpose of this course is providing students to the basic concepts of economics and producer and consumer behavior. |
| Course Content |
During the course, students will be taught to act rationally as a producer and/or a consumer. |
| Learning Outcomes (LO) |
The students who attended the course and were successful at the end of semester will acquire the followings;
1- will be able to understand the inportance of economics in society,
2- will be able to consider economic situations in their daily lives,
3- will be able to optimize the benefits in individual decisions. |
| 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 and profit calculation. Firm balance, maximum profit, normal profit and loss |
| 8. Week |
Types of Markets, Theory of Perfect Competition.
|
| 9. Week |
Types of Markets, Theory of Perfect Competition (continued).
|
| 10. Week |
Theory of monopoly and oligopoly.
|
| 11. Week |
Monopolistic competition and advertising
|
| 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
-Apart from these, students can choose from a large number of Micro-Economics books available in the market. |
| Work Placement(s) |
|
| The Relationship between Program Qualifications (PQ) and Course Learning Outcomes (LO) |
| PQ1 | PQ2 | PQ3 | PQ4 | PQ5 | PQ6 | PQ7 | PQ8 | PQ9 | PQ10 | PQ11 | PQ12 | PQ13 | PQ14 | LO1 | 5 | 5 | | | | 4 | | | | 3 | | | | | LO2 | | 5 | | | | 3 | | | | 4 | 2 | | | | LO3 | | | 5 | | | | | 3 | 2 | | 4 | | 1 | 1 |
* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |