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Description of Individual Course Units| Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | | HIT1142018835 | GENERAL ECONOMY | Compulsory | 1 | 2 | 2 |
| | Level of Course Unit | | Short Cycle | | Objectives of the Course | | Develop students' ability to understand the micro-economic and macro-economic issues | | Name of Lecturer(s) | | Yrd.Doç.Dr. Adem KULAÇ | | Learning Outcomes | | 1 | Can understand the basic features of the economy | | 2 | Can analyze the behavior of consumers and producers | | 3 | Can analyze changes in the balance of the market | | 4 | Can analyze macro-economic indicators | | 5 | Can follow onetary and fiscal policies |
| | Mode of Delivery | | Formal Education | | Prerequisites and co-requisities | | | Recommended Optional Programme Components | | | Course Contents | | Economic concepts, economic analysis, supply and demand analysis, market equilibrium, unemployment, inflation, monetary policy, fiscal policy
| | Weekly Detailed Course Contents | |
| 1 | Economy; the basic concepts of economics, scarcity of production factors, production possibilities curve | | | | 2 | Economic analysis, economic systems, basic economic problems | | | | 3 | Demand, demand curve, factors affecting demand, demand elasticity, utility, utility approaches | | | | 4 | Consumer and analysis, supply, the factors affecting the supply | | | | 5 | Supply flexibility, the different types of flexibility, balance, analysis of producer, co-product curves,
| | | | 6 | Cost, short-and long-term costs, change cost, fixed cost, marginal cost concepts | | | | 7 | Market equilibrium, the formation of equilibrium, changes in equilibrium | | | | 8 | Midterm exam | | | | 9 | Market equilibrium, the formation of equilibrium, balance, changes | | | | 10 | Employment, unemployment, labor force, types of unemployment, unemployment prevention policies | | | | 11 | Inflation, inflation measure, types of inflation, disinflation policies | | | | 12 | Economic growth and economic development, separation, measurement of economic growth, economic development indicators | | | | 13 | Money market, money supply, money demand, monetary systems, money market equilibrium, money | | | | 14 | The monetary policy tools, strategies, contractionary monetary policy, expansionary monetary policy, monetary policy effectiveness | | | | 15 | Finance policy, tools, contractionary fiscal policy, expansionary fiscal policy, fiscal policy effectiveness | | | | 16 | Final exam
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| | Recommended or Required Reading | | Çelik, K, 2012; Genel Ekonomi, Derya Kitabevi, Trabzon
Dinler, Z. 2006; İktisada Giriş, Ekin Kitabevi Yayınları, Bursa
| | Planned Learning Activities and Teaching Methods | | | Assessment Methods and Criteria | |
| SUM | 0 | |
| SUM | 0 | | Yarıyıl (Yıl) İçi Etkinlikleri | 40 | | Yarıyıl (Yıl) Sonu Etkinlikleri | 60 | | SUM | 100 |
| | Language of Instruction | | Turkish | | Work Placement(s) | |
| | Workload Calculation | |
| Midterm Examination | 1 | 1 | 1 | | Final Examination | 1 | 1 | 1 | | Attending Lectures | 14 | 2 | 28 | | Individual Study for Mid term Examination | 8 | 2 | 16 | | Individual Study for Final Examination | 6 | 3 | 18 | |
| Contribution of Learning Outcomes to Programme Outcomes | | LO1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | | LO2 | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 2 | 1 | 1 | | LO3 | 1 | 2 | 1 | 2 | 2 | 1 | 1 | 2 | 1 | 1 | | LO4 | 1 | 3 | 2 | 2 | 2 | 1 | 1 | 2 | 1 | 1 | | LO5 | 1 | 3 | 2 | 2 | 2 | 1 | 1 | 2 | 1 | 1 |
| | * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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