IKZ101 Introduction to Economics I

6 ECTS - 3-0 Duration (T+A)- 1. Semester- 3 National Credit
Information About Course

Information
Goal, Content & Resources
Course Learning Outcomes
Relation with Program Learning Outcome
Week Plan
Assessment
Student Workload - ECTS

Information

Unit FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES
FINANCE PR.
Code IKZ101
Name Introduction to Economics I
Term 2018-2019 Academic Year
Semester 1. Semester
Duration (T+A) 3-0 (T-A) (17 Week)
ECTS 6 ECTS
National Credit 3 National Credit
Teaching Language Türkçe
Level Lisans Dersi
Type Normal
Label C Compulsory
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Prof. Dr. HARUN BAL
Course Instructor Doç. Dr. YELDA TEKGÜL (Güz) (A Group) (Ins. in Charge)


Course Goal / Objective

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.

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

Resources

Notes



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


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 - Having basic conceptual knowledge about economics and public finance and educating students who are able to analyze economic events in the light of this information, to think analytically, to work in cooperation and harmony, and to be able to do business. 3
PLO01 - Having basic conceptual knowledge about economics and public finance and educating students who are able to analyze economic events in the light of this information, to think analytically, to work in cooperation and harmony, and to be able to do business. 0
PLO01 - Having basic conceptual knowledge about economics and public finance and educating students who are able to analyze economic events in the light of this information, to think analytically, to work in cooperation and harmony, and to be able to do business. 3
PLO01 - Having basic conceptual knowledge about economics and public finance and educating students who are able to analyze economic events in the light of this information, to think analytically, to work in cooperation and harmony, and to be able to do business. 4
PLO01 - Having basic conceptual knowledge about economics and public finance and educating students who are able to analyze economic events in the light of this information, to think analytically, to work in cooperation and harmony, and to be able to do business. 2
PLO02 - Collecting and commenting data from different sources using contemporary communication tools, methods and processes 4
PLO02 - Collecting and commenting data from different sources using contemporary communication tools, methods and processes 0
PLO02 - Collecting and commenting data from different sources using contemporary communication tools, methods and processes 4
PLO02 - Collecting and commenting data from different sources using contemporary communication tools, methods and processes 5
PLO02 - Collecting and commenting data from different sources using contemporary communication tools, methods and processes 2
PLO03 - Having basic computer skills and knowledge, the vocational field uses this information 5
PLO03 - Having basic computer skills and knowledge, the vocational field uses this information 5
PLO03 - Having basic computer skills and knowledge, the vocational field uses this information 3
PLO03 - Having basic computer skills and knowledge, the vocational field uses this information 0
PLO03 - Having basic computer skills and knowledge, the vocational field uses this information 3
PLO04 - Perform numerical and statistical data aggregation, analysis and interpretation 0
PLO04 - Perform numerical and statistical data aggregation, analysis and interpretation 5
PLO04 - Perform numerical and statistical data aggregation, analysis and interpretation 4
PLO04 - Perform numerical and statistical data aggregation, analysis and interpretation 4
PLO04 - Perform numerical and statistical data aggregation, analysis and interpretation 4
PLO05 - Individually and / or in a team, take responsibility, leadership, and effectively works 3
PLO05 - Individually and / or in a team, take responsibility, leadership, and effectively works 0
PLO05 - Individually and / or in a team, take responsibility, leadership, and effectively works 3
PLO05 - Individually and / or in a team, take responsibility, leadership, and effectively works 4
PLO05 - Individually and / or in a team, take responsibility, leadership, and effectively works 4
PLO06 - An area he does not research exploits from different sources in the framework of academic rules, synthesizes the information he obtains and effectively presents it 3
PLO06 - An area he does not research exploits from different sources in the framework of academic rules, synthesizes the information he obtains and effectively presents it 5
PLO06 - An area he does not research exploits from different sources in the framework of academic rules, synthesizes the information he obtains and effectively presents it 4
PLO06 - An area he does not research exploits from different sources in the framework of academic rules, synthesizes the information he obtains and effectively presents it 0
PLO06 - An area he does not research exploits from different sources in the framework of academic rules, synthesizes the information he obtains and effectively presents it 4
PLO07 - Awareness of the necessity of life-long learning, it follows up-to-date developments in the field and constantly innovates 5
PLO07 - Awareness of the necessity of life-long learning, it follows up-to-date developments in the field and constantly innovates 0
PLO07 - Awareness of the necessity of life-long learning, it follows up-to-date developments in the field and constantly innovates 3
PLO07 - Awareness of the necessity of life-long learning, it follows up-to-date developments in the field and constantly innovates 3
PLO07 - Awareness of the necessity of life-long learning, it follows up-to-date developments in the field and constantly innovates 4
PLO08 - Synthesize and effectively deliver information from an unfamiliar field to other sources in the framework of academic rules 5
PLO08 - Synthesize and effectively deliver information from an unfamiliar field to other sources in the framework of academic rules 4
PLO08 - Synthesize and effectively deliver information from an unfamiliar field to other sources in the framework of academic rules 4
PLO08 - Synthesize and effectively deliver information from an unfamiliar field to other sources in the framework of academic rules 0
PLO08 - Synthesize and effectively deliver information from an unfamiliar field to other sources in the framework of academic rules 5
PLO09 - Turkish and at least one foreign language is used in accordance with the needs of academic life and business life 3
PLO09 - Turkish and at least one foreign language is used in accordance with the needs of academic life and business life 4
PLO09 - Turkish and at least one foreign language is used in accordance with the needs of academic life and business life 0
PLO09 - Turkish and at least one foreign language is used in accordance with the needs of academic life and business life 3
PLO09 - Turkish and at least one foreign language is used in accordance with the needs of academic life and business life 4
PLO10 - Uses Turkish in accordance with the needs of academic life and business life 0
PLO10 - Uses Turkish in accordance with the needs of academic life and business life 4
PLO10 - Uses Turkish in accordance with the needs of academic life and business life 4
PLO10 - Uses Turkish in accordance with the needs of academic life and business life 4
PLO10 - Uses Turkish in accordance with the needs of academic life and business life 4
PLO11 - He / she correctly understands the feelings, thoughts and behaviors of the people concerned and expresses himself / herself in writing and orally 3
PLO11 - He / she correctly understands the feelings, thoughts and behaviors of the people concerned and expresses himself / herself in writing and orally 0
PLO11 - He / she correctly understands the feelings, thoughts and behaviors of the people concerned and expresses himself / herself in writing and orally 3
PLO11 - He / she correctly understands the feelings, thoughts and behaviors of the people concerned and expresses himself / herself in writing and orally 4
PLO11 - He / she correctly understands the feelings, thoughts and behaviors of the people concerned and expresses himself / herself in writing and orally 4
PLO12 - It has social, scientific and ethical values in the stages of collecting, interpreting and announcing the data related to the scientific fields in which statistics are used. 5
PLO12 - It has social, scientific and ethical values in the stages of collecting, interpreting and announcing the data related to the scientific fields in which statistics are used. 4
PLO12 - It has social, scientific and ethical values in the stages of collecting, interpreting and announcing the data related to the scientific fields in which statistics are used. 0
PLO12 - It has social, scientific and ethical values in the stages of collecting, interpreting and announcing the data related to the scientific fields in which statistics are used. 3
PLO12 - It has social, scientific and ethical values in the stages of collecting, interpreting and announcing the data related to the scientific fields in which statistics are used. 5
PLO13 - Aware of and act in accordance with social, scientific and professional ethical values 4
PLO13 - Aware of and act in accordance with social, scientific and professional ethical values 0
PLO13 - Aware of and act in accordance with social, scientific and professional ethical values 4
PLO13 - Aware of and act in accordance with social, scientific and professional ethical values 4
PLO13 - Aware of and act in accordance with social, scientific and professional ethical values 4
PLO14 - Question traditional approaches, practices and methods, develop new working methods where necessary and 4
PLO14 - Question traditional approaches, practices and methods, develop new working methods where necessary and 0
PLO14 - Question traditional approaches, practices and methods, develop new working methods where necessary and 4
PLO14 - Question traditional approaches, practices and methods, develop new working methods where necessary and 4


Week Plan

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


Assessment (Exam) Methods and Criteria

Assessment Type Midterm / Year Impact End of Term / End of Year Impact
1. Midterm Exam 100 40
General Assessment
Midterm / Year Total 100 40
1. Final Exam - 60
Grand Total - 100


Student Workload - ECTS

Works Number Time (Hour) Workload (Hour)
Course Related Works
Class Time (Exam weeks are excluded) 14 3 42
Out of Class Study (Preliminary Work, Practice) 14 5 70
Assesment Related Works
Homeworks, Projects, Others 0 0 0
Mid-term Exams (Written, Oral, etc.) 1 15 15
Final Exam 1 30 30
Total Workload (Hour) 157
Total Workload / 25 (h) 6,28
ECTS 6 ECTS

Update Time: 29.04.2025 04:21