TYPE OF COURSE UNIT | Compulsory Course |
LEVEL OF COURSE UNIT | Associate Degree |
YEAR OF STUDY | 1 |
SEMESTER | First Term (Fall) |
NUMBER OF ECTS CREDITS ALLOCATED | 6 |
NAME OF LECTURER(S) | Instructor İlhan Özgür Yağcı
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LEARNING OUTCOMES OF THE COURSE UNIT |
At the end of this course, the students; 1) The students will be able to explain the real life applications of economics by using the theoretical framework thought in the classes. 2) will be able to read and discuss graphs. 3) will be able to know how prices and market equilibrium are determined. 4) will be able to use supply and demand analysis. 5) will be able to know how consumer equilibrium is reached. 6) will be able to know the relationship between costs and production.
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MODE OF DELIVERY | Face to face |
PRE-REQUISITES OF THE COURSE | No |
RECOMMENDED OPTIONAL PROGRAMME COMPONENT | None |
COURSE DEFINITION | Introduction of the main principles of micro economics |
COURSE CONTENTS | WEEK | TOPICS |
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1st Week | Introduction | 2nd Week | What is economics | 3rd Week | Opportunity cost and PPF | 4th Week | Demand and Supply I | 5th Week | Demand And Supply II | 6th Week | Demand Supply III | 7th Week | ElasticitiesPrice Control of Government | 8th Week | Midterm | 9th Week | Utility and Demand | 10th Week | İndifference curves and Consumer Behavior | 11th Week | Types of Markets and Competition | 12th Week | Short Run Costs and Production | 13th Week | Long Run Costs and Production | 14th Week | Perfect Competition |
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RECOMENDED OR REQUIRED READING | Ertek, Tümay. (2010). Temel Ekonomi |
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS | Lecture,Discussion,Problem Solving |
ASSESSMENT METHODS AND CRITERIA | | Quantity | Percentage(%) |
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Mid-term | 1 | 30 | Assignment | 1 | 20 | Total(%) | | 50 | Contribution of In-term Studies to Overall Grade(%) | | 50 | Contribution of Final Examination to Overall Grade(%) | | 50 | Total(%) | | 100 |
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ECTS WORKLOAD |
Activities |
Number |
Hours |
Workload |
Midterm exam | 1 | 1 | 1 | Preparation for Quiz | 1 | 25 | 25 | Individual or group work | 1 | 20 | 20 | Preparation for Final exam | 1 | 50 | 50 | Course hours | 14 | 3 | 42 | Preparation for Midterm exam | 1 | 40 | 40 | Laboratory (including preparation) | | | | Final exam | 1 | 1 | 1 | Homework | 1 | 1 | 1 | Total Workload | | | 180 |
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Total Workload / 30 | | | 6 |
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ECTS Credits of the Course | | | 6 |
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LANGUAGE OF INSTRUCTION | Turkish |
WORK PLACEMENT(S) | No |
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