IKZ101 Introduction to Economics I

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

Information

Code IKZ101
Name Introduction to Economics I
Term 2024-2025 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
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Prof. Dr. HARUN BAL
Course Instructor Prof. Dr. HAKKI ÇİFTÇİ (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

There are no prerequisites.

Resources

Zeynel Dinler Introduction to Economics

Notes

Zeynel Dinler Introduction to Economics


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 Bilgi - Kuramsal, Olgusal Explains basic conceptual information about economy and finance 5
PLO02 Bilgi - Kuramsal, Olgusal interprets data from different sources using contemporary communication tools, methods and processes.
PLO03 Bilgi - Kuramsal, Olgusal Having basic computer knowledge and skills, she uses this knowledge in the professional field 3
PLO04 Bilgi - Kuramsal, Olgusal explain the duties and authorities of Public Financial Institutions.
PLO05 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Works effectively individually and/or in a team.
PLO06 Beceriler - Bilişsel, Uygulamalı Synthesizes and effectively presents the information obtained from different sources within the framework of academic rules in the field of research. 4
PLO07 Beceriler - Bilişsel, Uygulamalı Being aware of the necessity of lifelong learning, she follows the current developments in her field.
PLO08 Beceriler - Bilişsel, Uygulamalı Synthesizes the information obtained from different sources within the framework of academic rules.
PLO09 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Turkish and at least one foreign language is used in accordance with the needs of academic life and business life 4
PLO10 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği explain the job descriptions of professional people.
PLO11 Yetkinlikler - Öğrenme Yetkinliği Have social, scientific and ethical values. 5
PLO12 Yetkinlikler - Öğrenme Yetkinliği Apart from the traditional approach, it develops new working methods when it deems necessary.
PLO13 Yetkinlikler - İletişim ve Sosyal Yetkinlik Expresses herself orally and in writing


Week Plan

Week Topic Preparation Methods
1 Introduction to Main Concepts and Price Theory Reading course books Öğretim Yöntemleri:
Anlatım
2 Supply and Demand Reading course books Öğretim Yöntemleri:
Anlatım
3 Partial Market Equilibrium, Factors Affecting Supply and Demand Reading course books Öğretim Yöntemleri:
Anlatım
4 Elasticity Practices and Consumer Theory Reading course books Öğretim Yöntemleri:
Anlatım
5 Utility (Cardinal Approach), Utility (Ordinal Approach) Reading course books Öğretim Yöntemleri:
Anlatım
6 Consumer Equilibrium, Producer Theory and Production Function Reading course books Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma
7 Optimal Factor Composition, Cost Analysis and Price Theory Reading course books Öğretim Yöntemleri:
Anlatım
8 Mid-term week prepare to exam Ölçme Yöntemleri:
Yazılı Sınav
9 Profit Maximization, Perfect Competition Market and Imperfect Competitive Market Reading course books Öğretim Yöntemleri:
Anlatım
10 Monopoly, Monopsony, Bilateral Monopoly, Monopolistic Competition and Oligopoly Reading course books Öğretim Yöntemleri:
Anlatım
11 Production Factors Price Analysis and Pricing of Production Factors Reading course books Öğretim Yöntemleri:
Anlatım
12 Labor and Wages; Land and Rant Reading course books Öğretim Yöntemleri:
Anlatım
13 Capital and Interest Rate; Enterprise and Profit Reading course books Öğretim Yöntemleri:
Anlatım
14 Distribution of Income, Urbanization and Environmental Economics Reading course books Öğretim Yöntemleri:
Anlatım
15 Revision Reading course books Öğretim Yöntemleri:
Anlatım
16 Final exam prepare to exam Ölçme Yöntemleri:
Yazılı Sınav
17 Final exam-2 prepare to exam 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 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: 08.05.2024 10:48