At the end of this course, the students; 1) To have basic knowledge of economic analysis 2) Able to interpret the current economic issues with the obtained information
MODE OF DELIVERY
Face to face
PRE-REQUISITES OF THE COURSE
No
RECOMMENDED OPTIONAL PROGRAMME COMPONENT
There is no recommended optional programme component for this course.
COURSE DEFINITION
The questions that microeconomics seeks answers to, supply and demand, market equilibrium, consumer equilibrium, elasticities and markets are within the scope of this course.
COURSE CONTENTS
WEEK
TOPICS
1st Week
Introduction of the Course
2nd Week
Economics, Economic Issues and Economic Analysis
3rd Week
Economics, Economic Issues and Economic Analysis
4th Week
Production Facilities Curve
5th Week
Economic Systems
6th Week
Supply, Demand and Market Balance
7th Week
Supply, Demand and Market Balance
8th Week
Midterm Exam
9th Week
Consumer Equilibrium: Cardinal Approach
10th Week
Consumer Balance: The Ordinal Approach
11th Week
Consumer Balance and Consumer Balance Change
12th Week
Supply and Demand Elasticities
13th Week
Supply and Demand Elasticities
14th Week
Market Types
RECOMENDED OR REQUIRED READING
Taylor, John B., 2004. Economics, 4. Edition, New York: Houghton Mifflin, USA. Schiller, B. R., 2002. Essentials of Economics, Fourth Edition, International Edition.Mc Graw Hill. USA. Erdal Ünsal (2014), Mikro İktisada Giriş, İmaj Yayınevi
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS
Lecture,Questions/Answers,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
0
0
0
Individual or group work
14
4
56
Preparation for Final exam
1
20
20
Course hours
14
3
42
Preparation for Midterm exam
1
15
15
Laboratory (including preparation)
0
0
0
Final exam
1
1
1
Homework
0
0
0
Total Workload
135
Total Workload / 30
4,5
ECTS Credits of the Course
5
LANGUAGE OF INSTRUCTION
Turkish
WORK PLACEMENT(S)
No
KEY LEARNING OUTCOMES (KLO) / MATRIX OF LEARNING OUTCOMES (LO)