MUV155 Micro economy

5 ECTS - 3-0 Duration (T+A)- 1. Semester- 3 National Credit

Information

Code MUV155
Name Micro economy
Semester 1. Semester
Duration (T+A) 3-0 (T-A) (17 Week)
ECTS 5 ECTS
National Credit 3 National Credit
Teaching Language Türkçe
Level Ön Lisans Dersi
Type Normal
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Öğr. Gör.Dr. EBUBEKİR ALYU


Course Goal

Understanding of economic life, understanding the economic concepts used in everyday life and learning rationality in economic decision processes.

Course Content

Economic concepts, economic systems, demand, changes in demand, Market Demand, Supply, changes in supply, market supply, demand, supply and flexibility, the market equilibrium, consumer balance, the balance of producer, production costs, market variations (full competitive markets, monopoly market)

Course Precondition

None

Resources

Lecture notes

Notes

Lecture notes


Course Learning Outcomes

Order Course Learning Outcomes
LO01 Learning basic economic concepts
LO02 To learn the market concept and its types. To learn the basic economic concepts
LO03 Getting basic information about price and market operation and formation of balance
LO04 Recognizing the basic concepts of the economy.
LO05 Recognizing Economic analysis methods and economic systems.
LO06 Analyzing about consumer and producer behaviors. Analyzing the market differences
LO07 Analyzing the demand and the demand elasticity.
LO08 Demand and supply elasticity is analyzed.
LO09 The formation of consumer and producer equilibrium is analyzed.
LO10 To introduce the concept of cost.
LO11 Cost classification is learned
LO12 Short and long-term cost analyzes are learned.
LO13 Market structure and its types are recognized.


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 Bilgi - Kuramsal, Olgusal Gains knowledge and skills in a field that is built on the qualifications gained in general or vocational secondary education and supported by courses above secondary education level and application tools and materials, and demonstrates that they grasp the basic concepts in the accounting profession.
PLO02 Bilgi - Kuramsal, Olgusal Have theoretical knowledge about accounting practices and can present it as a report by making analysis on this subject.
PLO03 Bilgi - Kuramsal, Olgusal Gains knowledge about accounting functions and the importance of accounting in management.
PLO04 Bilgi - Kuramsal, Olgusal Recognize the basic concepts of economy and stock market. 4
PLO05 Bilgi - Kuramsal, Olgusal Explain the characteristics of businesses operating in commercial life, comprehend the importance of foreign trade in terms of the country's economy and businesses, and organize the documents used in commercial life. 3
PLO06 Bilgi - Kuramsal, Olgusal The definition of accounting in businesses is well made, defines, collects and records the data required for the solution of accounting problems effectively. Demonstrates the ability to prepare financial and legal reports by using the theoretical knowledge, manual or intellectual skills required in practical applications.
PLO07 Bilgi - Kuramsal, Olgusal Learns financial accounting information, can apply the period and end-of-period transactions related to financial accounting theoretically and practically.
PLO08 Bilgi - Kuramsal, Olgusal They can comprehend the basic concepts of the business, its objectives and its relations with the environment, the functions of the business and the relations between them, and can provide communication knowledge and skills. 2
PLO09 Bilgi - Kuramsal, Olgusal Recognize the Turkish Legal System and the commercial legislation to which the business is subject, recognize and use the documents used in commercial life.
PLO10 Bilgi - Kuramsal, Olgusal Have knowledge of basic economic principles and concepts, can make Social Security transactions and tax calculations, process accounting documents and prepare declarations. 3
PLO11 Bilgi - Kuramsal, Olgusal Comprehends cost and finance information and can analyze financial statements, organize and interpret these analyzes in computer environment.
PLO12 Bilgi - Kuramsal, Olgusal Be able to make calculations in the professional and commercial field. 3
PLO13 Bilgi - Kuramsal, Olgusal Performs independent learning in accounting-related fields and demonstrates that they can apply what they have learned.
PLO14 Bilgi - Kuramsal, Olgusal It can objectively evaluate and audit the performance of employees under its responsibility in the accounting environment.
PLO15 Beceriler - Bilişsel, Uygulamalı It can always identify situations that require learning by exchanging information, and thus gains the awareness of continuous learning. 2
PLO16 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Have basic and professional foreign language knowledge, use Turkish effectively in daily and professional fields.
PLO17 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği He/she can use internet technologies, office, computerized accounting software with the knowledge of computer usage in accounting environment.
PLO18 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği He/she is open to communication with his/her friends, superiors and the people and groups he/she serves and can work as a team.
PLO19 Yetkinlikler - Öğrenme Yetkinliği Have knowledge and awareness of occupational safety, worker health and environmental protection in accounting field.
PLO20 Yetkinlikler - Öğrenme Yetkinliği Have knowledge and awareness of social responsibility, ethical values and social security rights in accounting field.


Week Plan

Week Topic Preparation Methods
1 The scope and method of economics Repeat and research Öğretim Yöntemleri:
Anlatım
2 Scarcity, Choice and the Production Possibilities Curve Repeat and research Öğretim Yöntemleri:
Anlatım
3 The demand curve, individual and market demand Repeat and research Öğretim Yöntemleri:
Anlatım
4 Demand curve shifts Repeat and research Öğretim Yöntemleri:
Anlatım
5 Elasticity of Demand Repeat and research Öğretim Yöntemleri:
Anlatım
6 Supply curve, individual and market supply Repeat and research Öğretim Yöntemleri:
Anlatım
7 Supply curve shifts Repeat and research Öğretim Yöntemleri:
Anlatım
8 Mid-Term Exam Repeat Ölçme Yöntemleri:
Yazılı Sınav
9 Flexibility in supply Repeat and research Öğretim Yöntemleri:
Anlatım
10 Supply, demand and flexibility in applications Repeat and research Öğretim Yöntemleri:
Anlatım
11 Production costs Repeat and research Öğretim Yöntemleri:
Anlatım
12 Market equilibrium Repeat and research Öğretim Yöntemleri:
Anlatım
13 Perfect competition market Repeat and research Öğretim Yöntemleri:
Anlatım
14 Monopoly Market Repeat and research Öğretim Yöntemleri:
Anlatım
15 Other imperfect competition market Repeat and research Öğretim Yöntemleri:
Anlatım
16 Term Exams Repeat Ölçme Yöntemleri:
Yazılı Sınav
17 Term Exams Repeat Ölçme Yöntemleri:
Yazılı Sınav


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 3 42
Assesment Related Works
Homeworks, Projects, Others 0 0 0
Mid-term Exams (Written, Oral, etc.) 1 12 12
Final Exam 1 18 18
Total Workload (Hour) 114
Total Workload / 25 (h) 4,56
ECTS 5 ECTS