Course Information

Course Information
Course Title Code Semester L+U Hour Credits ECTS
Introduction to Economics SSG113 1. Semester 2 + 1 3.0 4.0
Prerequisites None
Language of Instruction Turkish
Course Level Undergraduate
Course Type
Mode of delivery Expression
Course Coordinator Prof. Dr. Cahit AYDEMİR
Instructor(s) Cahit AYDEMİR
Assistants
Goals Explaining basic concepts of economics to students.
Course Content
Learning Outcomes - Will be able to explain basic economic concepts and problems.
- Will be able to explain basic economic concepts and problems.
- Will be able to develop the ability to work with graphics in economics.
- Will be able to develop the ability to work with graphics in economics.
- Will be able to define the structure and characteristics of markets in the economy.
- Will be able to define the structure and characteristics of markets in the economy.
- Explain the relationship between economic variables.
- Explain the relationship between economic variables.
Weekly Topics (Content)
Week Topics Learning Methods
1. Week What is economy? Economics, Departments of Economics, Method of Economics, Economic Problem.
1. Week What is economy? Economics, Departments of Economics, Method of Economics, Economic Problem.
2. Week Scarcity, Preference and Benefit, Alternative cost, Alternative economic systems
2. Week Scarcity, Preference and Benefit, Alternative cost, Alternative economic systems
3. Week Demand, Supply and Price, Demand curve, Supply curve, Price determination by supply and demand
3. Week Demand, Supply and Price, Demand curve, Supply curve, Price determination by supply and demand
4. Week Flexibility, Price elasticity of demand, Other demand elasticities, Supply flexibility, Determinants of supply and demand elasticity
4. Week Flexibility, Price elasticity of demand, Other demand elasticities, Supply flexibility, Determinants of supply and demand elasticity
5. Week Supply and demand applications, Government price controls, Rent controls, Determinants of export and import, Agricultural equilibrium in supply and demand theory, Producer and consumer surplus
5. Week Supply and demand applications, Government price controls, Rent controls, Determinants of export and import, Agricultural equilibrium in supply and demand theory, Producer and consumer surplus
6. Week Production and costs, Short-term production, long-term production, short, long and long-term costs, Cost curves
6. Week Production and costs, Short-term production, long-term production, short, long and long-term costs, Cost curves
7. Week Markets and pricing, Competitive markets, Fully competitive theory, Short and long term balance
7. Week Markets and pricing, Competitive markets, Fully competitive theory, Short and long term balance
8. Week Midterm
8. Week Midterm
9. Week Monopoly, monopol model and short-run equilibrium
9. Week Monopoly, monopol model and short-run equilibrium
10. Week Multi-price monopoly model, Price differentiation
10. Week Multi-price monopoly model, Price differentiation
11. Week Missing competition, Monopolistic competition model, features of oligopoly
11. Week Missing competition, Monopolistic competition model, features of oligopoly
12. Week Factor markets, Labor market, Labor supply, Labor demand, Labor market balance, Soil, Capital and Enterprise
12. Week Factor markets, Labor market, Labor supply, Labor demand, Labor market balance, Soil, Capital and Enterprise
13. Week Knowledge economy, Research economy, Public goods, Externalities
13. Week Knowledge economy, Research economy, Public goods, Externalities
14. Week Final Exam
14. Week Final Exam
Recommended Sources
İktisada Giriş, Zeynel Dinler, Ekin Kitabevi, 2015
İktisada Giriş, Zeynel Dinler, Ekin Kitabevi, 2015
Material Sharing
Relations with Education Attainment Program Course Competencies
Program Requirements Contribution Level DK1 DK2 DK3 DK4 Measurement Method
PY1 5 5 5 5 5 60
*DK = Course's Contrubution.
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
ECTS credits and course workload
Event Quantity Duration (Hour) Total Workload (Hour)
Course Hours 14 3 42
Preparation, After Class Study 1 14 14
Research 3 3 9
Midterm 1 8 1 8
Homework 1 1 3 3
Final 14 1 14
Classroom Activities 3 4 12
Total Workload 102
ECTS Credit of the Course 4.0