| 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) Familiar to the functioning of different markets.
3) Know market price formation.
|
| 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 |
|---|
| 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 | | 11th Week | oligopoly | | 12th Week | Labor Markets | | 13th Week | Taxes, Transfers and Income Distribution | | 14th Week | Physical Capital and Financial Markets |
|
| RECOMENDED OR REQUIRED READING | John B. Taylor, Economics, 4th ed. New York: Houghton Mifflin, 2003. |
| PLANNED LEARNING ACTIVITIES AND TEACHING METHODS | Lecture,Discussion,Problem Solving |
| ASSESSMENT METHODS AND CRITERIA | | | Quantity | Percentage(%) |
|---|
| 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 |
|
| 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 |
|---|
| Total Workload / 30 | | | 3,96 |
|---|
| ECTS Credits of the Course | | | 4 |
|---|
|
| LANGUAGE OF INSTRUCTION | English |
| WORK PLACEMENT(S) | No |
| | |
