Rapor Tarihi: 27.03.2026 01:39
| Course Title | Code | Language | Type | Semester | L+U Hour | Credits | ECTS |
|---|---|---|---|---|---|---|---|
| Introduction to Economics I | ECON101 | Turkish | Compulsory | 1. Semester | 4 + 0 | 4.0 | 5.0 |
| Prerequisite Courses | |
| Course Level | Undergraduate |
| Mode of delivery | In Person |
| Course Coordinator | Prof. Dr. ŞERİF CANBAY |
| Instructor(s) | Prof. Dr. ŞERİF CANBAY (Güz) |
| Goals | This course aims to comprehend the basic concepts and mechanisms in economics, to gain the ability to analyze economic events in microeconomic and macroeconomic dimensions and to provide a background for higher level economics courses. |
| Course Content | The Nature and Importance of Economic Science, Introduction to Price Theory-Demand and Supply, Determination of Equilibrium Price in Perfect Competition Market, Factors other than Price Affecting Supply and Demand, Supply, Demand and Elasticity Analysis, Consumer Theory, Producer Theory, Price Theory, Monopoly, Monopson and Monopolistic Competition Market, Oligopoly, Criticism of Price Theory and Goals other than Profit Maximization in Firm Decisions, Demand for Factors of Production: Marginal Productivity Theory, Labor and Wages, Land and Rent, Capital and Interest, Enterprise and Profit, Income Distribution Policy, Industrialization, Urbanization and Environmental Economics. |
| # | Öğrenme Kazanımı |
| 1 | Explain and interpret the fundamental concepts of economics (scarcity, opportunity cost, marginal analysis, supply and demand). |
| 2 | Analyze market equilibrium within the supply and demand framework and illustrate changes in equilibrium graphically. |
| 3 | Explain the basic assumptions of consumer and producer behavior and solve simple microeconomic problems. |
| 4 | Define the concept of elasticity and calculate price, income, and cross elasticities. |
| 5 | Compare the main characteristics of perfect and imperfect competition markets and evaluate them in terms of economic efficiency. |
| 6 | Analyze and evaluate the effects of government interventions (taxes, price ceilings, price floors, subsidies) on market equilibrium and economic efficiency. |
| Week | Topics/Applications | Method |
|---|---|---|
| 1. Week | The Nature and Importance of Economics | Preparation, After Class Study, Interview, Presentation (Preparation) |
| 2. Week | Introduction to the Price Theory - Demand and Supply | Preparation, After Class Study, Research, Interview, Presentation (Preparation) |
| 3. Week | Introduction to the Price Theory - Demand and Supply | Preparation, After Class Study, Research, Interview, Presentation (Preparation) |
| 4. Week | Determination of Equilibrium Price in a Perfect Competition Market Non-Price Factors Affecting Supply and Demand Supply, Demand and Elasticity Analysis | Preparation, After Class Study, Research, Interview, Presentation (Preparation) |
| 5. Week | Consumer Theory I | Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation) |
| 6. Week | Producer Theory | Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation) |
| 7. Week | Price Theory | Preparation, After Class Study, Research, Interview, Presentation (Preparation) |
| 8. Week | Markets, Perfectly Competitive Market and Imperfect Competition Markets | Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation) |
| 9. Week | Monopoly | Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation), Practice |
| 10. Week | Monopsony and Monopolistic Competition | Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation), Practice |
| 11. Week | Oligopoly Criticism of Price Theory and Goals other than Profit Maximization in Firm Decisions | Preparation, After Class Study, Research, Interview, Presentation (Preparation), Practice |
| 12. Week | Demand for Factors of Production: Marginal Productivity Theory Labor and Wages | Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation), Practice |
| 13. Week | Factor Markets | Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation) |
| 14. Week | Income Distribution Policy Industrialization, Urbanization and Environmental Economics | Preparation, After Class Study, Research, Other Activities, Interview, Presentation (Preparation) |
| No | Program Requirements | Level of Contribution | |||||
|---|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Know the basic concepts of economics at an advanced level; can abstract the economic decision-making units in households, firms, government agencies, and predict the results of their decision-making mechanisms in different market and competition conditions. | ✔ | |||||
| 2 | Understand the objectives of economies such as growth, employment, productivity, sustainability; may propose solutions to problems such as unemployment, contraction, inflation, high interest rates and similar problems. | ✔ | |||||
| 3 | Capable to make sense of the international interactions of national economies with an international economic perspective. | ✔ | |||||
| 4 | Have knowledge about the historical development of the world economy and its current structure, understand the working process of different economic systems. | ✔ | |||||
| 5 | Can combine economic theory with mathematical, statistical and econometric skills to analyze concrete situations; are experienced in economic data collection and analysis methods by utilyzing technology. | ✔ | |||||
| 6 | Analyze the different sectors of the economy such as agriculture, industry and services through the Production Factors such as Labor, Capital, Natural Resource, Information and Entrepreneurship and evaluate the country economies. | ✔ | |||||
| 7 | Know the current status, historical background, the strengths and weaknesses of Turkish economy in macro and micro scale; can propose solutions, make theoretical and applied studies in this direction as individuals and teams. | ✔ | |||||
| 8 | Know the relations of economics as a social science with other sciences especially with politics, business administration, law, history, mathematics and engineering; reflect the theoretical knowledge in practice and have collaborative working culture. | ✔ | |||||
| 9 | Have the consciousness of lifelong learning, use the education to keep knowledge updated and contribute to the business life. | ✔ | |||||
| 10 | Have the cultural consciousness, know their own history, develop awareness of working with different cultures, respect individual, social and cultural rights. | ✔ | |||||
| 11 | Behave in accordance with ethical values in their works, have the ability of questioning, free thinking with no prejudices. | ✔ | |||||
| 12 | Have the consciousness of fulfilling the given tasks at the right time. In this process, utilize in maximum written, visual, audio sources and information-communication technologies. | ✔ | |||||
| 13 | Have the experience and ability to explain what they learn in written, oral and visual manner. | ✔ | |||||
| 14 | Use the Turkish and English language properly and effectively, and pursue professional readings in double language. | ✔ | |||||
| Program Requirements | DK1 | DK2 | DK3 | DK4 | DK5 | DK6 |
|---|---|---|---|---|---|---|
| PY1 | 5 | 5 | 5 | 5 | 5 | 5 |
| PY2 | 4 | 4 | 4 | 4 | 4 | 4 |
| PY3 | 3 | 3 | 3 | 3 | 3 | 3 |
| PY4 | 2 | 2 | 2 | 2 | 2 | 2 |
| PY5 | 3 | 3 | 3 | 3 | 3 | 3 |
| PY6 | 4 | 4 | 4 | 4 | 4 | 4 |
| PY7 | 4 | 4 | 4 | 4 | 4 | 4 |
| PY8 | 5 | 5 | 5 | 5 | 5 | 5 |
| PY9 | 4 | 4 | 4 | 4 | 4 | 4 |
| PY10 | 3 | 3 | 3 | 3 | 3 | 3 |
| PY11 | 4 | 4 | 4 | 4 | 4 | 4 |
| PY12 | 4 | 4 | 4 | 4 | 4 | 4 |
| PY13 | 4 | 4 | 4 | 4 | 4 | 4 |
| PY14 | 2 | 2 | 2 | 2 | 2 | 2 |
| Ders Kitabı veya Notu | Ders Kitabı veya Ders Notu bulunmamaktadır. |
|---|---|
| Diğer Kaynaklar |
|
| Güz Dönemi | |||
| Responsible Personnel | Grup | Evaluation Method | Percentage |
|---|---|---|---|
| Prof. Dr. ŞERİF CANBAY | Vize | 40.00 | |
| Prof. Dr. ŞERİF CANBAY | Final | 60.00 | |
| Toplam | 100.00 | ||
| ECTS credits and course workload | Quantity | Duration (Hour) | Total Workload (Hour) | |
|---|---|---|---|---|
|
Ders İçi |
Class Hours | 14 | 3 | 42 |
|
Ders Dışı |
Preparation, After Class Study | 14 | 2 | 28 |
| Research | 6 | 2 | 12 | |
| Interview | 4 | 2 | 8 | |
| Presentation (Preparation) | 5 | 2 | 10 | |
| Practice | 2 | 1 | 2 | |
| Other Activities | 5 | 2 | 10 | |
|
Sınavlar |
Midterm | 1 | 1 | 1 |
| Homework | 1 | 4 | 4 | |
| Homework Preparation | 1 | 3.5 | 3.5 | |
| Final | 1 | 1 | 1 | |
| Classroom Activities | 6 | 1 | 6 | |
| Total Workload | 127.5 | |||
| *AKTS = (Total Workload) / 25,5 | ECTS Credit of the Course | 5.0 | ||
