TYPE OF COURSE UNIT | Elective Course |
LEVEL OF COURSE UNIT | Bachelor's Degree |
YEAR OF STUDY | - |
SEMESTER | - |
NUMBER OF ECTS CREDITS ALLOCATED | 4 |
NAME OF LECTURER(S) | Instructor Özlem Aytaç
|
LEARNING OUTCOMES OF THE COURSE UNIT |
At the end of this course, the students; 1) Learn basic concepts of economics. 2) Be familiar to the functioning of different markets. 3) Know market price formation.
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MODE OF DELIVERY | Face to face |
PRE-REQUISITES OF THE COURSE | No |
RECOMMENDED OPTIONAL PROGRAMME COMPONENT | None |
COURSE DEFINITION | Economics of the subject, scope and methods; supply-demand and price, consumer behavior, various market structures, income distribution; external Holder public goods; examples from Turkey. |
COURSE CONTENTS | WEEK | TOPICS |
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1st Week | Basic concepts, Observation of the economy. | 2nd Week | Supply and Demand Model | 3rd Week | Flexibility and the Flexibility of Use | 4th Week | Demand Curve and Consumer's Behavior | 5th Week | Supply Curve and the Firm's Behavior | 6th Week | Interaction of People in Markets | 7th Week | Cost and Time Evolution of Company | 8th Week | Midterm Exam | 9th Week | Monopoly | 10th Week | oligopoly-I | 11th Week | oligopoly-II | 12th Week | Labor Markets | 13th Week | Taxes, Transfers and Income Distribution | 14th Week | Physical Capital and Financial Markets |
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RECOMENDED OR REQUIRED READING | John B. Taylor, Economics, 4th ed. New York: Houghton Mifflin, 2003. |
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS | Lecture,Problem Solving |
ASSESSMENT METHODS AND CRITERIA | | Quantity | Percentage(%) |
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Mid-term | 1 | 40 | Total(%) | | 40 | Contribution of In-term Studies to Overall Grade(%) | | 40 | Contribution of Final Examination to Overall Grade(%) | | 60 | Total(%) | | 100 |
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ECTS WORKLOAD |
Activities |
Number |
Hours |
Workload |
Midterm exam | 1 | 1 | 1 | Preparation for Quiz | 4 | 4 | 16 | Individual or group work | 1 | 2 | 2 | Preparation for Final exam | 1 | 30 | 30 | Course hours | 14 | 2 | 28 | Preparation for Midterm exam | 1 | 16 | 16 | Laboratory (including preparation) | 0 | 0 | 0 | Final exam | 1 | 1 | 1 | Homework | 5 | 5 | 25 | Total Workload | | | 119 |
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Total Workload / 30 | | | 3,96 |
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ECTS Credits of the Course | | | 4 |
|
LANGUAGE OF INSTRUCTION | English |
WORK PLACEMENT(S) | No |
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