| Course Title | Code | Semester | L+U Hour | Credits | ECTS |
|---|---|---|---|---|---|
| General Economics | SHO108 | 2. Semester | 3 + 0 | 3.0 | 4.0 |
| Prerequisites | None |
| Language of Instruction | Turkish |
| Course Level | Undergraduate |
| Course Type | |
| Mode of delivery | face to face |
| Course Coordinator | |
| Instructors |
İlyas İlker İŞLER |
| Assistants | |
| Goals | The aim of these lessons is to provide students about some economic concept and problems, demad, supply, production and consumption theory, perfect competition and imperfect competition markets, national income, employment, money theory and politics, unstability of economical life. frontiers. |
| Course Content | The importance and Features of the Science of Economics; The Law of Scarcity and the Economics, Opportunity Cost, Main Concepts, The Features of Theories and Laws in Economics, Main issues of Economies, Main Economic issues and Economic Order Consumer Theory: The Measurability of Utility and the Identification of the Order of Preference, The Principle of Identical Marginal Utility and Consumer Equilibrium, Indifference Curve Analysis and Consumer Equilibrium The Theory of Production: Production Function and Productivity Analysis The Production at Minimum Cost, Cost Analysis. Price Theory: Demand, Supply Demand and Supply Elasticity Analyses Market Equilibrium in Perfect Competition, Factors affecting supply and Demand other than Price Midterms Equilibrium of Firm, Pure Competitive Market, The Forms and Factors Behind the Noncompetitive Markets: Monopoly, Monopsony. Bilateral Monopoly, Monopolistic Competition, Oligopoly, the Criticism of Price Theory. The Evolution of Macroeconomics and coverage: Basic consepts of Macroeconomics, Ways of Calculating Gross Domestic Product, The Scheme of Flow in Economic Activities. Money: Definition of Money and its’ functions in Economy, Kinds of Money, Monetary Systems, Demand for Money and Supply Keynesian System (Finding General Equilibrium with Aggregate Demand and Supply, Consumption Expenditures, Saving Function, Investment Function Finding General Equilibrium with Saving and Investment, Paradox of Saving, Multiplier, Accelerator, Inflationist and Deflationist Gap The Role of Government in Macroeconomic Equilibrium, Finding General Equilibrium in an Open Economy, The Analysis of IS-LM and BP, New Developments in Macroeconomic Theories). |
| Learning Outcomes |
- Economic’s basic concepts and problems. - Supply-demand analysis - Producer and consumer behaviors. - Perfect competititon and imperfect competition markets. - National income and relevant concepts. - Methods to calculate income. - Employment and unemployment. - Definition and kind of money. - Demand and supply of money - Money politics and tools of money politics. - İnflation, deflation, devaluation and revaluation |
| Week | Topics | Learning Methods |
|---|---|---|
| 1. Week | The importance and Features of the Science of Economics; The Law of Scarcity and the Economics, Opportunity Cost, Main Concepts, The Features of Theories and Laws in Economics, Main issues of Economies, Main Economic issues and Economic Order | |
| 2. Week | Consumer Theory: The Measurability of Utility and the Identification of the Order of Preference, The Principle of Identical Marginal Utility and Consumer Equilibrium, Indifference Curve Analysis and Consumer Equilibrium | |
| 3. Week | The Theory of Production: Production Function and Productivity Analysis | |
| 4. Week | The Production at Minimum Cost, Cost Analysis. | |
| 5. Week | Price Theory: Demand, Supply | |
| 6. Week | Demand and Supply Elasticity Analyses | |
| 7. Week | Market Equilibrium in Perfect Competition, Factors affecting supply and Demand other than Price | |
| 8. Week | Midterm Exam | |
| 9. Week | Equilibrium of Firm, Pure Competitive Market, The Forms and Factors Behind the Noncompetitive Markets: Monopoly, Monopsony. Bilateral Monopoly, Monopolistic Competition, Oligopoly, the Criticism of Price Theory. | |
| 10. Week | The Evolution of Macroeconomics and coverage: Basic consepts of Macroeconomics, Ways of Calculating Gross Domestic Product, The Scheme of Flow in Economic Activities. | |
| 11. Week | Money: Definition of Money and its’ functions in Economy, Kinds of Money, Monetary Systems, Demand for Money and Supply | |
| 12. Week | Keynesian System (Finding General Equilibrium with Aggregate Demand and Supply, Consumption Expenditures, Saving Function, Investment Function | |
| 13. Week | Finding General Equilibrium with Saving and Investment, Paradox of Saving, Multiplier, Accelerator, Inflationist and Deflationist Gap | |
| 14. Week | The Role of Government in Macroeconomic Equilibrium, Finding General Equilibrium in an Open Economy, The Analysis of IS-LM and BP, New Developments in Macroeconomic Theories). |
| DİNLER Zeynel /2011), “İktisada Giriş”, Ekin Yayın Evi, 17. Baskı, Bursa |
| ÜNSAL Erdal (2007), “İktisada Giriş”, İmaj Yayınevi, Ankara, 2007, ISBN: 978-975-8752-51-5 |
| ÇOBAN Orhan (2009), İktisada Giriş, Selçuk Üniversitesi Basımı, Konya |
| ERTÜRK Emin (2006), İktisada Giriş, Nobel Yayınları, Anakara |
| PEKİN Tevfik (2006), Ekonomiye Giriş, Zeus kitapevi, İzmir |
| ÇOLAK Ömer Faruk (2007), İktisada Giriş, Gazi Kitapevi, Ankara |
| ERTEK Tümay (2008), İktisada Giriş, Beta Basım Yayın, |
| PARASIZ İlker (2010), İktisada Giriş, Ezgi Kitapevi |
| ISON S., Wall S. (2007), İktisat Giriş, Bilim Teknik Yayın evi, Ankara |
| FRANK R., BERNANKE B. (2001), Principles of Economics, McGraw-Hill Irwin, ISBN 0-07-228962-7 |
| ÜNSAL Erdal (2010), Makro İktisada Giriş, İmaj. Yay. Ankara |
| BULMUŞ, İsmail (1998), Mikro İktisat, Cantekin Matb., Ankara. |
| TÜRKAY Orhan (2005), Mikro İktisat Teorisi, İmaj Yay., 8. Baskı, Ankara |
| TÜRKBAL, A. (1983), Mikroiktisat: Fiyat Teorisi, 2. Baskı, Atatürk Üniv. Yay. No: 622, Erzurum. |
| CHİANG, Alpha (1984), Fundamental Methods of Mathematical Economics, 3rd Ed., McGraw-Hill, New York. |
| Program Requirements | Contribution Level | DK1 | DK2 | DK3 | DK4 | DK5 | DK6 | DK7 | DK8 | DK9 | DK10 | DK11 | Measurement Method |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PY1 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY2 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY3 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY4 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY4 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY6 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY7 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY8 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY9 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY10 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY11 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY12 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| 0 | 1 | 2 | 3 | 4 | 5 | |
|---|---|---|---|---|---|---|
| Course's Level of contribution | None | Very Low | Low | Fair | High | Very High |
| Method of assessment/evaluation | Written exam | Oral Exams | Assignment/Project | Laboratory work | Presentation/Seminar |
| Event | Quantity | Duration (Hour) | Total Workload (Hour) |
|---|---|---|---|
| Course Hours | 14 | 3 | 42 |
| Preparation, After Class Study | 10 | 2 | 20 |
| Midterm 1 | 1 | 10 | 10 |
| Homework 1 | 1 | 10 | 10 |
| Final | 1 | 20 | 20 |
| Total Workload | 102 | ||
| ECTS Credit of the Course | 4.0 | ||
