TÜRKÇE
ENGLISH
Information
| Code | EKO721 |
| Name | Principle of Economics 1 |
| Term | 2024-2025 Academic Year |
| Term | Spring |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 8 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Yüksek Lisans Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Doç. Dr. SANLI ATEŞ |
| Course Instructor |
1 |
Course Goal / Objective
Using the concepts of demand, supply and market, to be able to reveal the reasons for price and quantity changes at the microeconomic level, to analyze consumer and producer behavior.
Course Content
Introducing the basic concepts of economics, examining the determinants of demand and supply, examining market equilibrium, examining production theory and production costs, examining perfectly competitive, monopoly and oligopoly markets.
Course Precondition
Basic knowledge of mathematics is required.
Resources
Ekonominin İlkeleri (Karl E. Case, Ray C. Fair, Sharon M. Oster, Palme Yayıncılık, 2019)
Notes
İktisada Giriş (Erdal M. Ünsal, İmaj Yayınevi, 2010)
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Understands the basics of economics. |
| LO02 | The student questions the reasons for the changes in the markets. |
| LO03 | Students question and interpret the reasons for consumer behavior. |
| LO04 | Students question and interpret the reasons for productive behaviors. |
| LO05 | Comprehends the reasons for government interventions in the markets in the case of negative and positive economies. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explains the importance of demand and supply and the conditions of the market economy to work better | 5 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Specifies the role of the market economy, the price advantage of the event. | 5 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Specifies the role of the price advantage in market economy | 5 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Faces with challenges, produces a numerical and policy options. | |
| PLO05 | Bilgi - Kuramsal, Olgusal | Applies the methods of economic analysis. | |
| PLO06 | Bilgi - Kuramsal, Olgusal | Acquires the ability of analyzing in the conceptual level ,compares interprets, evaluates and synthesizes ideas in order to develop solutions to the problems. | |
| PLO07 | Bilgi - Kuramsal, Olgusal | Uses the theory of economics in analyzing the economic events | 4 |
| PLO08 | Bilgi - Kuramsal, Olgusal | Explains economic issues such as determinants of economic growth, causes and costs of unemployment, globalization and economic interdependence of nations. | |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Evaluates academic writings related to the field of economics. | |
| PLO10 | Bilgi - Kuramsal, Olgusal | Takes responsibility individually and / or in a team,leads a team and works effectively | |
| PLO11 | Bilgi - Kuramsal, Olgusal | With the awareness of the necessity of life-long learning, follows the latest developments about his field and improves himself | |
| PLO12 | Yetkinlikler - Alana Özgü Yetkinlik | Recognize and apply social, scientific and professional ethical values. | |
| PLO13 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Expresses himself/herself accurately, both orally and in writing. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Basic concepts of economics-1 | Lecture, Problem Solving | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 2 | Basic concepts of economics-2 | Lecture, Problem Solving | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 3 | Demand and its determinants-1 | Lecture, Problem Solving | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 4 | Demand and its determinants-2 | Lecture, Problem Solving | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 5 | Supply and determinants of supply-1 | Lecture, Problem Solving | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 6 | Supply and determinants of supply-2 | Lecture, Problem Solving | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 7 | Market Equilibrium | Lecture, Problem Solving | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 8 | Mid-Term Exam | Ölçme Yöntemleri: Yazılı Sınav |
|
| 9 | perfectly competitive market-1 | Lecture, Problem Solving | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 10 | perfectly competitive market-2 | Lecture, Problem Solving | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 11 | Monopoly-1 | Lecture, Problem Solving | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 12 | Monopoly-2 | Lecture, Problem Solving | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 13 | Oligopoly | Lecture, Problem Solving | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 14 | Negative and Positive Economies | Lecture, Problem Solving | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 15 | Public intervention in markets | Lecture, Problem Solving | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 16 | Term Exams | Term Exams | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | Term Exams | 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 | 9 | 126 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 1 | 2 | 2 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 12 | 12 |
| Final Exam | 1 | 18 | 18 |
| Total Workload (Hour) | 200 | ||
| Total Workload / 25 (h) | 8,00 | ||
| ECTS | 8 ECTS | ||