| Teaching Staff
|
|
| Language of Instruction |
Türkçe (Turkish) |
| Type Of Course |
Compulsory |
| Prerequisites |
- |
| Recommended Optional Programme Component |
|
| Course Objectives |
Teaching the student to act rationally as a producer and consumer |
| Course Content |
This course provides introduction to economics, basic conceptual and methods, price mechanism, market actors and their attitudes. |
| Learning Outcomes (LO) |
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, profit, equilibrium, maximum profit, normal profit, and loss. |
| 8. Week |
Cost, profit, equilibrium, maximum profit, normal profit, and loss. |
| 9. Week |
Types of Markets, Theory of Perfect Competition (continued). |
| 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
-The students can choose many of the Microeconomic nooks in the market out of these |
| Work Placement(s) |
|
| The Relationship between Program Qualifications (PQ) and Course Learning Outcomes (LO) |
| PQ 1 | PQ 2 | PQ 3 | PQ 4 | PQ 5 | PQ 6 | PQ 7 | PQ 8 | PQ9 | PQ 10 | PQ 11 | PQ 12 | PQ 13 | LO1 | 4 | | | 4 | 3 | | | | | | 5 | | | LO2 | 4 | | | 4 | 3 | | | | | | 5 | | | LO3 | 4 | | | 4 | 3 | | | | | | 5 | | | LO4 | 4 | | | 4 | 3 | | | | | | 5 | | |
* Degree of Contribution: 1 Very Low 2 Low 3 Medium 4 High 5 Very High |