Course Information

Course Information
Course Title Code Semester L+U Hour Credits ECTS
Economics I UTI115 1. Semester 3 + 0 3.0 6.0
Prerequisites None
Language of Instruction Turkish
Course Level Undergraduate
Course Type
Mode of delivery Face to Face
Course Coordinator Assoc. Prof. Dr. Zeynep KARAŞ
Instructors Zeynep KARAŞ
Assistants
Goals To be able to analyze, model and predict human behavior by understanding the understanding of economic theory and how it affects the decision-making process.
Course Content Conceptual and theoretical framework, main problems of economy, demand function and law of supply, partial equilibrium, consumer theory, production theory, cost theory, consumer and producer equilibrium, different types of markets, perfect competition market, price theory will be discussed.
Learning Outcomes - They know why they need to learn economics in microeconomics
- They know the roles of producers and consumers in the economy.
- How to analyze theoretical information in daily life
- Critically analyze complex datasets
Weekly Topics (Content)
Week Topics Learning Methods
1. Week Conceptual and Theoretical Framework Subject, Nature and Importance of Economics Science
2. Week Main Problems of Economy: Full Utilization, Effective Utilization, Increasing Production Capacity
3. Week Demand, Demand Function and Price Elasticity of Demand
4. Week Supply, Law of Supply and Elasticity of Supply
5. Week Equilibrium Formation in a Perfect Competition Market (Partial Equilibrium)
6. Week Factors Other than the Price of Goods Affecting Supply and Demand, Examples from Practice of Supply, Demand and Elasticity Analysis
7. Week Consumer Theory (Consumer Equilibrium-Consumption Theory-Demand Analysis)
8. Week Repetition
9. Week Producer Theory (Producer Equilibrium-Production Theory-Production Technology-Supply Analysis)
10. Week Producer Theory (Cost Analysis)
11. Week Price Theory (Aim in Firm Equilibrium)
12. Week Firm Equilibrium in a Perfect Competition Market
13. Week Reasons for the Emergence of the Imperfect Competition Market
14. Week Types of Imperfect Competition Market
Recommended Sources
DİNLER, Zeynel, İktisada Giriş, Ekin Kitabevi, 23. Basım, Bursa, 2013.
Erdal Ünsal , İktisada Giriş, İmaj Yayınevi, Ankara
Relations with Education Attainment Program Course Competencies
Program Requirements Contribution Level DK1 DK2 DK3 DK4 Measurement Method
*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)
Midterm 1 1 40 40
Homework 1 1 25 25
Homework 2 1 25 25
Quiz 1 1 3 3
Final 1 60 60
Total Workload 153
ECTS Credit of the Course 6.0