GZT107 Introduction to Economy

4 ECTS - 2-0 Duration (T+A)- 1. Semester- 2 National Credit

Information

Code GZT107
Name Introduction to Economy
Semester 1. Semester
Duration (T+A) 2-0 (T-A) (17 Week)
ECTS 4 ECTS
National Credit 2 National Credit
Teaching Language Türkçe
Level Lisans Dersi
Type Normal
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Dr. Öğr. Üyesi ERHAN İŞCAN


Course Goal

The aim of this course is to examine the scope of economics, the behavior of economic decision units as households and firms, and basic subjects such as utility theory and firm behavior. The course is mainly focused on microeconomics and includes analytical studies.

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) , we will be understand the way we get rational decisions, and rational choice.

Course Precondition

None

Resources

Tümay Ertek. (2010). General Economics (in Turkish). Beta Publishing.

Notes

Course Notes


Course Learning Outcomes

Order Course Learning Outcomes
LO01 Recognizes of the main concepts and key issues related to the science of economics
LO02 Learns the main fields of interest and methodology of economics.
LO03 Learns the basic branches of economics, macro-micro level
LO04 Understands the Price theory, characteristics and properties of supply and demand law
LO05 Has a comprehensive understanding of consumer theory and producer theory


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 Bilgi - Kuramsal, Olgusal Knows the theoretical approaches in the field of media and communication.
PLO02 Bilgi - Kuramsal, Olgusal Understands developing news production models and new approaches.
PLO03 Bilgi - Kuramsal, Olgusal Learns the concepts of communication and mass communication systems, especially journalism. 2
PLO04 Bilgi - Kuramsal, Olgusal By gaining the ability to communicate effectively, knows the basic dynamics of communication processes.
PLO05 Bilgi - Kuramsal, Olgusal Learns communication models together with sociological, psychological and economic conditions. 5
PLO06 Beceriler - Bilişsel, Uygulamalı Produces, edits and manages news for all kinds of media (newspaper, magazine, website, radio, television, etc.) organizations
PLO07 Beceriler - Bilişsel, Uygulamalı It deals with events with a professional approach, and tries to solve problems or situations scientifically, taking into account rational reason and knowledge in critical situations.
PLO08 Beceriler - Bilişsel, Uygulamalı Shoots photographs in many photography fields, especially in press photography.(e
PLO09 Beceriler - Bilişsel, Uygulamalı It evaluates the contents of media organizations, identifies existing problems and deficiencies, and takes an active role in eliminating such problems. 2
PLO10 Beceriler - Bilişsel, Uygulamalı Undertakes duties such as press consultant, communication coordinator, communication manager in various institutions and organizations.(eril)
PLO11 Beceriler - Bilişsel, Uygulamalı Works in all kinds of national and international media (newspaper, magazine, website, radio, television, etc.) organizations.
PLO12 Beceriler - Bilişsel, Uygulamalı Easily grasps new jobs and tasks; easily adapts to new formations and trends in the developing and changing world and professional life. 3
PLO13 Beceriler - Bilişsel, Uygulamalı Acquires the ability to produce content suitable for developing new communication technologies.
PLO14 Yetkinlikler - Öğrenme Yetkinliği Gains the ability of empathy to comprehend both individual and social processes.
PLO15 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Decision-making becomes self-confident in participating in decision-making processes and assumes responsibility for situations that may arise in such situations. 2
PLO16 Yetkinlikler - İletişim ve Sosyal Yetkinlik Along with acquiring the ability to work independently / individually, she can also take part in collective work and is successful in adapting to new environments and groups.(dişil)
PLO17 Yetkinlikler - İletişim ve Sosyal Yetkinlik It supports social reconciliation and peace; By acting as an intermediary mechanism in all kinds of conflict situations, it prioritizes the right of communication and tries to resolve the problems in peaceful and humane ways.
PLO18 Yetkinlikler - İletişim ve Sosyal Yetkinlik Reaches the consciousness to synthesize the concepts of society, culture and communication with each other.
PLO19 Yetkinlikler - Alana Özgü Yetkinlik The awareness of society and collectivism will be high, as well as being successful in individual life, they will also fulfill their duties in the social system.
PLO20 Yetkinlikler - Alana Özgü Yetkinlik Gains competence in various branches of science, especially in social and human sciences, and conducts interdisciplinary studies and analyzes such studies. 4


Week Plan

Week Topic Preparation Methods
1 Fundamental Concepts about the Economics Reading course book Öğretim Yöntemleri:
Anlatım, Problem Çözme
2 Supply and Demand Reading course book Öğretim Yöntemleri:
Anlatım, Problem Çözme
3 Partial Market Equilibrium, Factors Affecting Supply and Demand Reading course book Öğretim Yöntemleri:
Anlatım, Tartışma, Problem Çözme
4 Elasticity Practices and Consumer Theory Reading course book Öğretim Yöntemleri:
Anlatım, Tartışma, Problem Çözme
5 Utility (Cardinal Approach), Utility (Ordinal Approach) Reading course book Öğretim Yöntemleri:
Anlatım, Tartışma, Problem Çözme
6 Consumer Equilibrium, Producer Theory and Production Function Reading course book Öğretim Yöntemleri:
Anlatım, Tartışma, Problem Çözme
7 Optimal Factor Composition, Cost Analysis and Price Theory Reading course book Öğretim Yöntemleri:
Anlatım, Tartışma, Problem Çözme
8 Mid-Term Exam Reading course book Ölçme Yöntemleri:
Yazılı Sınav
9 Profit Maximization, Perfect Competition Market and Imperfect Competitive Market Reading course book Öğretim Yöntemleri:
Anlatım, Tartışma, Problem Çözme
10 Monopoly, Monopsony, Bilateral Monopoly, Monopolistic Competition and Oligopoly Reading course book Öğretim Yöntemleri:
Anlatım, Tartışma, Problem Çözme
11 Production Factors Price Analysis and Pricing of Production Factors Reading course book Öğretim Yöntemleri:
Anlatım, Tartışma, Problem Çözme
12 Labor and Wages; Land and Rant Reading course book Öğretim Yöntemleri:
Anlatım, Tartışma, Problem Çözme
13 Capital and Interest Rate; Enterprise and Profit Reading course book Öğretim Yöntemleri:
Anlatım, Tartışma, Problem Çözme
14 Contemporary Topics, Case Studies Reading course book Öğretim Yöntemleri:
Anlatım, Tartışma, Problem Çözme
15 Revision Reading course book Öğretim Yöntemleri:
Anlatım, Tartışma, Problem Çözme
16 Term Exams Reading course book Ölçme Yöntemleri:
Yazılı Sınav
17 Term Exams Reading course book 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 2 28
Assesment Related Works
Homeworks, Projects, Others 1 0 0
Mid-term Exams (Written, Oral, etc.) 1 8 8
Final Exam 1 24 24
Total Workload (Hour) 88
Total Workload / 25 (h) 3,52
ECTS 4 ECTS