TÜRKÇE
ENGLISH
Information
| Code | EEE219 |
| Name | Economics |
| Term | 2024-2025 Academic Year |
| Semester | 3. Semester |
| Duration (T+A) | 2-0 (T-A) (17 Week) |
| ECTS | 3 ECTS |
| National Credit | 2 National Credit |
| Teaching Language | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Öğr. Gör.Dr. MURAT PÜTÜN |
| Course Instructor |
Doç. Dr. ERHAN İŞCAN
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
To explain the main issues of microeconomics with a introductory level.
Course Content
Economics as a social science and method in economics, basic concepts of economics, basic concepts of microeconomics, market, demand and supply, demand and supply elasticities, consumer theory, production theory, cost theory, consumer and producer balance, different market types, perfect competition market , monopoly, oligopoly, monopolistic competition, game theory and economic applications, externalities, public goods and taxation, market regulations, factor markets.
Course Precondition
The course has no prerequisites.
Resources
Parkin, Michael. Economics, Global edition, Pearson Education.
Notes
Case, Karl E.; Fair, Ray C. and Oster, Sharon M. (2020). Principles of Economics, Thirteenth (Global) Edition, Pearson Education. Mankiw, G. (2018). Principles of Economics, Eighth Edition, Cengage Learning.
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Recognizes the main concepts and basic problems of economics |
| LO02 | Learns the main fields of interest and methodology of economics. |
| LO03 | Learns the basic branches of economics at macro-micro level. |
| LO04 | Understands the theory of price, the law of demand and its properties, and the law of supply and its properties. |
| LO05 | Comprehensive understanding of consumer theory and producer theory. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Adequate knowledge in mathematics, science and engineering subjects pertaining to the relevant discipline; ability to use theoretical and applied knowledge in these areas in complex engineering problems. | |
| PLO02 | Bilgi - Kuramsal, Olgusal | Ability to identify, formulate, and solve complex engineering problems; ability to select and apply proper analysis and modeling methods for this purpose. | |
| PLO03 | Bilgi - Kuramsal, Olgusal | Ability to design a complex system, process, device or product under realistic constraints and conditions, in such a way as to meet the desired result; ability to apply modern design methods for this purpose. | |
| PLO04 | Bilgi - Kuramsal, Olgusal | Ability to devise, select, and use modern techniques and tools needed for analyzing and solving complex problems encountered in engineering practice; ability to employ computer programming techniques, and information technologies effectively. | |
| PLO05 | Bilgi - Kuramsal, Olgusal | Ability to design and conduct experiments, gather data, analyze and interpret results for investigating complex engineering problems or discipline specific research questions. | |
| PLO06 | Bilgi - Kuramsal, Olgusal | Ability to work efficiently in intra-disciplinary and multi-disciplinary teams; ability to work individually. | 3 |
| PLO07 | Bilgi - Kuramsal, Olgusal | Ability to communicate effectively, both orally and in writing; knowledge of a minimum of one foreign language; ability to write effective reports and comprehend written reports, prepare design and production reports, make effective presentations, | 4 |
| PLO08 | Bilgi - Kuramsal, Olgusal | Recognition of the need for lifelong learning; ability to access information, to follow developments in science and technology, and to continue to educate him/herself. | 3 |
| PLO09 | Bilgi - Kuramsal, Olgusal | Consciousness to behave according to ethical principles and professional and ethical responsibility; knowledge on standards used in engineering practice. | |
| PLO10 | Bilgi - Kuramsal, Olgusal | Knowledge about business life practices such as project management, risk management, and change management; awareness in entrepreneurship, innovation; knowledge about sustainable development. | |
| PLO11 | Bilgi - Kuramsal, Olgusal | Knowledge about the global and social effects of engineering practices on health, environment, and safety, and contemporary issues of the century reflected into the field of engineering; awareness of the legal consequences of engineering solutions. | |
| PLO12 | Bilgi - Kuramsal, Olgusal | Ability to apply the knowledge of electrical-electronics engineering to profession-specific tools and devices. | |
| PLO13 | Bilgi - Kuramsal, Olgusal | Having consciousness about the scientific, social, historical, economical and political facts of the society, world and age lived in. | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Introduction to the Course | Reading | Öğretim Yöntemleri: Anlatım, Tartışma, Problem Çözme |
| 2 | Market: Demand and Supply | Reading | Öğretim Yöntemleri: Anlatım, Tartışma, Problem Çözme |
| 3 | Theory of Demand | Reading | Öğretim Yöntemleri: Anlatım, Tartışma, Problem Çözme |
| 4 | Demand Elasticities | Reading | Öğretim Yöntemleri: Anlatım, Tartışma, Problem Çözme |
| 5 | Supply Elasticities | Reading | Öğretim Yöntemleri: Anlatım, Tartışma, Problem Çözme |
| 6 | Consumer Behaviour Theory | Reading | Öğretim Yöntemleri: Anlatım, Tartışma, Problem Çözme |
| 7 | Revealed Preferences | Reading | Öğretim Yöntemleri: Anlatım, Tartışma, Problem Çözme |
| 8 | Mid-Term Exam | prepare to exam | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Firm Supply | Reading | Öğretim Yöntemleri: Anlatım, Problem Çözme |
| 10 | Production Function | Reading | Öğretim Yöntemleri: Anlatım, Tartışma, Problem Çözme |
| 11 | Production Theory | Reading | Öğretim Yöntemleri: Anlatım, Tartışma, Problem Çözme |
| 12 | Cost Theory | Reading | Öğretim Yöntemleri: Anlatım, Tartışma, Problem Çözme |
| 13 | Perfectly Competitive Markets | Reading | Öğretim Yöntemleri: Anlatım, Tartışma, Problem Çözme |
| 14 | Imperfect Markets | Reading | Öğretim Yöntemleri: Anlatım, Tartışma, Problem Çözme |
| 15 | Imperfect Markets 2 | Reading | Öğretim Yöntemleri: Anlatım, Tartışma, Problem Çözme |
| 16 | Term Exams | prepare to exam | Öğretim Yöntemleri: Tartışma, Problem Çözme |
| 17 | Term Exams | 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 | 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 | 6 | 6 |
| Final Exam | 1 | 16 | 16 |
| Total Workload (Hour) | 78 | ||
| Total Workload / 25 (h) | 3,12 | ||
| ECTS | 3 ECTS | ||