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Information
| Code | YLY107 |
| Name | General Economics |
| Semester | 1. Semester |
| Duration (T+A) | 2-0 (T-A) (17 Week) |
| ECTS | 2 ECTS |
| National Credit | 2 National Credit |
| Teaching Language | Türkçe |
| Level | Ön Lisans Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Öğr. Gör.Dr. AYŞE BOZKURT |
Course Goal
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, mathematics,Its two basic subjects are microeconomics and macroeconomics. We shall begin with microeconomics in the fall term.
Course 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.
Course Precondition
none
Resources
Introduction to economics, Zeynel Dinler
Notes
Introduction to economics, AOF
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Recognize the main concepts and key issues related to the science of economics |
| LO02 | Focus on the main fields of activity and learning methodology of economics |
| LO03 | Learn the basic branches of economics, macro-micro level |
| LO04 | Understand the Price theory, characteristics and properties of supply and demand law |
| LO05 | Create awareness on the comprehensive understanding of consumer theory and producer theory |
| LO06 | Can use aggregate supply and aggregate demand in macroeconomic analysis |
| LO07 | Learn the concepts of inflation, GDP, unemployment, growth |
| LO08 | Explain Monetary and Fiscal Policies |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Learns theoretical and applied information about local governments. | |
| PLO02 | Bilgi - Kuramsal, Olgusal | Knows problem solving methods and techniques related to the field | |
| PLO03 | Bilgi - Kuramsal, Olgusal | Board and management concepts and functions of the job, knows issues such properties | |
| PLO04 | Beceriler - Bilişsel, Uygulamalı | Evaluates the accuracy and up-to-dateness of the information related to the field. | 4 |
| PLO05 | Beceriler - Bilişsel, Uygulamalı | Gains the ability to identify, define and solve problems related to the field | |
| PLO06 | Yetkinlikler - Öğrenme Yetkinliği | Examines the events and facts related to the field with scientific methods and techniques by using the theoretical and applied knowledge gained. | |
| PLO07 | Yetkinlikler - Alana Özgü Yetkinlik | Interprets the data obtained about the field. | 5 |
| PLO08 | Yetkinlikler - Öğrenme Yetkinliği | Diagnoses the problems she encounters in her field and offers solutions. | |
| PLO09 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Gains the ability to work individually and in groups related to his/her field. | |
| PLO10 | Bilgi - Kuramsal, Olgusal | Have information about Atatürk's Principles and History of Revolution. | |
| PLO11 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | inquisitive and would investigator. | |
| PLO12 | Yetkinlikler - Öğrenme Yetkinliği | Life-long learning will win | |
| PLO13 | Beceriler - Bilişsel, Uygulamalı | Have a good command of Turkish | |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Expresses his/her thoughts in writing and orally in line with the basic knowledge he/she has on issues related to local governments. | |
| PLO15 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Have sufficient foreign language knowledge in the field | |
| PLO16 | Beceriler - Bilişsel, Uygulamalı | Uses the software and hardware required by the field. | |
| PLO17 | Yetkinlikler - Öğrenme Yetkinliği | Under the authority of elected political representatives, retains the overall benefit of society. | |
| PLO18 | Yetkinlikler - Öğrenme Yetkinliği | The universality of social rights, social justice, quality and environmental protection have sufficient awareness of ethical issues and cultural values. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Introduction to Main Concepts and Price Theory | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım |
| 2 | Supply and Demand | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım |
| 3 | Partial Market Equilibrium, Factors Affecting Supply and Demand | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım |
| 4 | Elasticity Practices and Consumer Theory | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 5 | Utility (Cardinal Approach), Utility (Ordinal Approach) | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım |
| 6 | Consumer Equilibrium, Producer Theory and Production Function | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım |
| 7 | Optimal Factor Composition, Cost Analysis and Price Theory | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Soru-Cevap |
| 8 | Mid-Term Exam | Written Exam | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Profit Maximization, Perfect Competition Market and Imperfect Competitive Market | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım |
| 10 | Monopoly, Monopsony, Bilateral Monopoly, Monopolistic Competition and Oligopoly | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım |
| 11 | Production Factors Price Analysis and Pricing of Production Factors | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım |
| 12 | National Income and Employment | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım |
| 13 | Money and Banking | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım |
| 14 | Foreign Trade, Economic Growth, Development | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Anlatım |
| 15 | General Review | Prepare for class by reading textbooks and notes | Öğretim Yöntemleri: Soru-Cevap, Alıştırma ve Uygulama |
| 16 | Term Exams | exam preparation | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | exam preparation | Ölçme Yöntemleri: Yazılı Sınav |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 2 | 28 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 1 | 14 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 4 | 4 |
| Final Exam | 1 | 8 | 8 |
| Total Workload (Hour) | 54 | ||
| Total Workload / 25 (h) | 2,16 | ||
| ECTS | 2 ECTS | ||