| Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | | İKT1212013202 | INTRODUCTION TO ECONOMICS | Compulsory | 1 | 1 | 4 |
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| Level of Course Unit |
| First Cycle |
| Objectives of the Course |
| This course introduces the concepts of economic theory. It is a subject of “principles” of economics where students are initiated into the basics that will be used later in other subjects with economic content. Specifically, the course describes the essential elements of microeconomics and macroeconomics from a theoretical and analytical point of view. |
| Name of Lecturer(s) |
| Dr. Öğr. Üyesi Oğuz Tümtürk |
| Learning Outcomes |
| 1 | to distinguish it from the foundations of the economy | | 2 | determine the consumer preferences | | 3 | determine the preferences of the manufacturer | | 4 | to distinguish between the types of market | | 5 | |
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| Mode of Delivery |
| Formal Education |
| Prerequisites and co-requisities |
| None |
| Recommended Optional Programme Components |
| None |
| Course Contents |
| Basics of Microeconomics and Macroeconomics, Consumer and Producer Theory, Prices, Monopoly versus Competitive Markets, National İncome, Inflation and Money, Employment, IS-LM Curves and Equilibrium |
| Weekly Detailed Course Contents |
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| 1 | Basic Concepts of Macroeconomics and the Microeconomics | | | | 2 | Consumer Theory | | | | 3 | Consumer Theory | | | | 4 | Producer Theory | | | | 5 | Producer Theory | | | | 6 | Price Mechanism: Demand, Supply and Price, Market Equilibrium, Market Equilibrium, Changes in the equilibrium price and quantity | | | | 7 | Elasticities, Price Elasticity of Demand, Price Elasticity of Supply, Demand and Supply Determinants of Price Elasticity | | | | 8 | Monopoly versus Perfect Competition | | | | 9 | Midterm Exam | | | | 10 | Measuring the national income | | | | 11 | Money and Inflation | | | | 12 | Employment | | | | 13 | IS-LM Curves | | | | 14 | IS-LM Curved and Equilibrium | | |
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| Recommended or Required Reading |
| DİNLER, Z. 2015, İKTİSADA GİRİŞ |
| Planned Learning Activities and Teaching Methods |
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| 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) | | None |
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| Workload Calculation |
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| Midterm Examination | 1 | 1 | 1 |
| Final Examination | 1 | 1 | 1 |
| Attending Lectures | 14 | 3 | 42 |
| Self Study | 14 | 2 | 28 |
| Individual Study for Mid term Examination | 1 | 7 | 7 |
| Individual Study for Final Examination | 1 | 10 | 10 |
| Reading | 14 | 2 | 28 |
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| Contribution of Learning Outcomes to Programme Outcomes |
| LO1 | | | 5 | | | | | | | | | | | | | 4 | | | | | | | | | LO2 | | | 5 | | | | | | | | | | | | | 3 | | | | | | | | | LO3 | | | 3 | | | | | | | | | | | | | 4 | | | | | | | | | LO4 | | | 5 | | | | | | | | | | | | | 5 | | | | | | | | | LO5 | | | 5 | | | | | | | | | | | | | 4 | | | | | | | |
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| * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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