COURSE INFORMATON
Course Title Code Semester L+P Hour Credits ECTS
Introduction to Economics I ECOZ   101 1 3 3 6

Prerequisites and co-requisites
Recommended Optional Programme Components None

Language of Instruction English
Course Level First Cycle Programmes (Bachelor's Degree)
Course Type
Course Coordinator Prof.Dr. Hüseyin Mahir FİSUNOĞLU
Instructors
Öğr. Gör.MURAT PÜTÜN1. Öğretim Grup:A
 
Assistants
Goals
This is a two-term cource in economics. It is aimed to teach the basic concepts and definitions in economics, its relations with other sciences such as sociology, law, mathematic. Its two basic subjects are microeconomics and macroeconomics. We shall begin with microeconomics in the fall term.
Content
It deals with micro units in economics such as individual or households, firms (big or small), and the relationships between them. As we learned about supply, demand, scarcity, efficiency and productivity, the price system, households, firms, markets (perfectly competitive or imperfectly competitive or factors of production). Students are expected to understand the way we get rational decisions, and rational choice.

Learning Outcomes
1) Recognize the main concepts and key issues related to the science of economics
2) Focus on the main fields of activity and learning methodology of economics
3) Learn the basic branches of economics, macro-micro level
4) Understand the Price theory, characteristics and properties of supply and demand law
5) Create awareness on the comprehensive understanding of consumer theory and producer theory
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Course's Contribution To Program
NoProgram Learning OutcomesContribution
12345
1
Has the conceptual and theoretical competence to explain the phenomena in the disciplines of Political Science and International Relations.
X
2
Identifies the international and national issues by methodologies used in the disciplines of Political Science and International Relations; chooses the appropriate analysis techniques across the issues and applies the appropriate empirical studies.
X
3
Becomes skilful at following and interpreting different social areas in international and national levels and also applies the problem-solving oriented practices.
X
4
Collects, reviews and analyzes the data obtained which necessary for modelling applications in the Social Science.
X
5
Individually and/or in a team, takes responsibility, leadership, and works effectively.
X
6
In recognition of the need for lifelong learning, follows the latest developments in the field and improves himself/herself.
X
7
Uses Turkish, and at least one more foreign language, in accordance with the requirements of academic and work life.
X
8
Understands and interprets the feelings, thoughts and behaviors of related persons correctly; and expresses himself/herself in written and oral forms accurately.
X
9
Improves his/herself constantly by defining educational requirements considering interests and talents in scientific, cultural, art and social fields besides career development.
X
10
Questions traditional approaches, practices and methods; and develops and applies new study methods if necessary.
X
11
Recognizes and implements social, scientific and professional ethical values.
X
12
Develops skills of defining and analyzing the international, regional and national oriented issues, producing appropriate conflict-resolution techniques and negotiation skills.
X
13
Develops critical thinking skills.
X

Course Content
WeekTopicsStudy Materials _ocw_rs_drs_yontem
1 Introduction to Main Concepts and Price Theory Reading course books Lecture
Homework
2 Supply and Demand Reading course books Lecture
Homework
3 Partial Market Equilibrium, Factors Affecting Supply and Demand Reading course books Lecture
Homework
4 Elasticity Practices and Consumer Theory Reading course books Lecture
Homework
5 Utility (Cardinal Approach), Utility (Ordinal Approach) Reading course books Lecture
Homework
6 Consumer Equilibrium, Producer Theory and Production Function Reading course books Lecture
Homework
7 Optimal Factor Composition, Cost Analysis and Price Theory Reading course books Lecture
Homework
8 Mid-term week prepare to exam Testing
9 Profit Maximization, Perfect Competition Market and Imperfect Competitive Market Reading course books Lecture
Homework
10 Monopoly, Monopsony, Bilateral Monopoly, Monopolistic Competition and Oligopoly Reading course books Lecture
Homework
11 Production Factors Price Analysis and Pricing of Production Factors Reading course books Lecture
Homework
12 Labor and Wages; Land and Rant Reading course books Lecture
Homework
13 Capital and Interest Rate; Enterprise and Profit Reading course books Lecture
Homework
14 Distribution of Income, Urbanization and Environmental Economics Reading course books Lecture
Homework
15 Revision Reading course books Lecture
Homework
16-17 final exam prepare to exam Testing
Homework

Recommended or Required Reading
Textbook
Additional Resources