EKO101

Course Title Course Code Program Level
ECONOMICS I EKO101 Business Administration 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)		 42 126 3 5

Teaching Staff
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