| Course Title | Code | Semester | L+U Hour | Credits | ECTS |
|---|---|---|---|---|---|
| Economy | ENM217 | 3. Semester | 2 + 0 | 2.0 | 3.0 |
| Prerequisites | None |
| Language of Instruction | Turkish |
| Course Level | Undergraduate |
| Course Type | |
| Mode of delivery | |
| Course Coordinator |
Lect. Muzaffer ÇABUKOĞLU |
| Instructors | |
| Assistants | |
| Goals | Introduction to economics: basic concepts such as consumption production, economic systems, market types, national income, inflation, unemployment and foreign exchange markets |
| Course Content | Economic life, economic events and economic factors. |
| Learning Outcomes |
- Theoretical: To analyze the basic concepts of the economy in general with their theories - Applied: Measuring and interpreting variables related to economic magnitudes (such as growth, inflation) - Conceptual: Understanding and interpreting the basic concepts and economic policies used in economic literature |
| Week | Topics | Learning Methods |
|---|---|---|
| 1. Week | Concept of Economy; scarcity, choice, endless need, efficiency, opportunity cost, rational behavior pattern | |
| 2. Week | Benefit, measurability of benefit | |
| 3. Week | Change of consumer equilibrium, Price Consumption curve, income and substitution effects | |
| 4. Week | Production Theory | |
| 5. Week | Cost Theory | |
| 6. Week | Demand and Supply Analysis | |
| 7. Week | Market balance | |
| 8. Week | Fully competitive market | |
| 9. Week | midterm | |
| 10. Week | Monopoly Market | |
| 11. Week | short-term firm balance in monopoly | |
| 12. Week | measurement of monopoly power | |
| 13. Week | regulation of monopoly | |
| 14. Week | industry supply curve and costs |
| ÜNSAL Erdal (2005), Micro Economics, Image Publishing, 6th Edition, Ankara |
| Program Requirements | Contribution Level | DK1 | DK2 | DK3 | Measurement Method |
|---|---|---|---|---|---|
| PY1 | 3 | 0 | 0 | 0 | - |
| PY2 | 4 | 0 | 0 | 0 | - |
| PY3 | 1 | 0 | 0 | 0 | - |
| PY4 | 3 | 0 | 0 | 0 | - |
| PY5 | 4 | 0 | 0 | 0 | - |
| PY6 | 3 | 0 | 0 | 0 | - |
| PY7 | 3 | 0 | 0 | 0 | - |
| PY8 | 1 | 0 | 0 | 0 | - |
| PY9 | 1 | 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) |
|---|---|---|---|
| Midterm 1 | 1 | 20 | 20 |
| Final | 1 | 27.5 | 27.5 |
| Classroom Activities | 14 | 2 | 28 |
| Total Workload | 75.5 | ||
| ECTS Credit of the Course | 3.0 | ||
