ENM201 General Economics

3 ECTS - 2-0 Duration (T+A)- 3. Semester- 2 National Credit

Information

Unit FACULTY OF ENGINEERING
INDUSTRIAL ENGINEERING PR.
Code ENM201
Name General Economics
Term 2021-2022 Academic Year
Semester 3. Semester
Duration (T+A) 2-0 (T-A) (17 Week)
ECTS 3 ECTS
National Credit 2 National Credit
Teaching Language Türkçe
Level Lisans Dersi
Type Normal
Label C Compulsory
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Öğr. Gör. Dr. İRFAN MACİT
Course Instructor Öğr. Gör. Dr. İRFAN MACİT (Güz) (A Group) (Ins. in Charge)


Course Goal / Objective

The aim of this course is to provide students with information about economics concepts, general economic theories, macro and micro economics theories.

Course Content

Economic concepts, scarcity and choice, consumer demand, firm supply and market balance, flexibility, household behavior, consumer balance, production and costs, producer balance, commodity markets, input markets, general equilibrium, income distribution

Course Precondition

Resources

Notes



Course Learning Outcomes

Order Course Learning Outcomes
LO01 To be able to choose and apply appropriate analytical methods and modeling techniques for the field of Industrial Engineering.
LO02 Students have basic knowledge and skills concerning economics.
LO03 Students can read and interpret general economic parameters.
LO04 Students have information about general economy problem solutions.


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 - Adequate knowledge in mathematics, science and related engineering discipline; ability to use theoretical and practical knowledge in these areas in complex engineering problems. 5
PLO02 - An ability to identify, formulate, and solve complex industrial engineering problems; the ability to select and apply appropriate analysis and modeling methods for this purpose. 5
PLO03 - An ability to design a complex system, process, device, or product to meet specific requirements under realistic constraints and conditions; the ability to apply modern design methods for this purpose. 4
PLO04 - Ability to develop, select and use modern techniques and tools necessary for the analysis and solution of complex problems encountered in engineering applications; ability to use information technologies effectively. 2
PLO05 - Ability to design, conduct experiments, collect data, analyze and interpret results for the study of complex engineering problems or discipline-specific research topics. 3
PLO06 - Ability to work effectively in disciplinary and multidisciplinary teams; self-study skills. 4
PLO07 - Ability to communicate effectively in Turkish presentation and in writing; knowledge of at least one foreign language; Ability to write effective reports and understand written reports, to prepare design and production reports, to make effective presentations, to give clear and understandable instruction and receiving skills. 4
PLO08 - Awareness of the necessity of lifelong learning; the ability to access information, follow developments in science and technology, and constantly renew oneself. 5
PLO09 - To act in accordance with ethical principles, professional and ethical responsibility awareness; information about standards used in engineering applications. 3
PLO10 - Information on business practices such as project management, risk management and change management; awareness about entrepreneurship and innovation; information on sustainable development. 5
PLO11 - Information about the effects of engineering applications on health, environment and safety in universal and social dimensions and the problems reflected in the engineering field of the age; awareness of the legal consequences of engineering solutions. 3
PLO12 - Ability to make use of the power of effective communication in professional life, to interpret the developments correctly and to make decisions. 4
PLO13 - Ability to design, develop, implement and improve integrated systems including machinery, time, information and money. 2
PLO14 - Ability to design, develop, implement and improve complex product, process, business, system design by applying modern design methods under realistic conditions and constraints such as cost, environment, sustainability, productivity, ethics, health, safety and political issues. 3


Week Plan

Week Topic Preparation Methods
1 Introduction to Economics and basic concepts. Introduction.
2 Introduction to microeconomics. Research on economics definitions.
3 What is Demand and Supply. Its basic concepts. Reading parts.
4 Supply and Demand Flexibility. Reading parts.
5 Research on supply: General structure of industry. Research Paper.
6 Markets. Reading parts.
7 Open Markets. Reading parts.
8 Mid-Term Exam
9 Macroeconomics and definitions. Reading parts.
10 GDP and theories. Reading parts.
11 Money theories. Reading parts.
12 Inflation and Emplayment. Reading parts.
13 Theory of Classic economics. Reading parts.
14 Keynesien economics. Reading parts.
15 New Pay methods. Reading parts.
16 Term Exams
17 Term Exams


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 2 28
Out of Class Study (Preliminary Work, Practice) 14 2 28
Assesment Related Works
Homeworks, Projects, Others 0 0 0
Mid-term Exams (Written, Oral, etc.) 1 7 7
Final Exam 1 12 12
Total Workload (Hour) 75
Total Workload / 25 (h) 3,00
ECTS 3 ECTS

Update Time: 06.05.2025 11:27