Course Information


Course Information
Course Title Code Semester L+U Hour Credits ECTS
INTRODUCTION TO ECONOMICS I AETY101 1. Semester 0 + 0 0 7.0

Prerequisites None

Language of Instruction Turkish
Course Level Bachelor's Degree
Course Type Compulsory
Mode of delivery Oral presentation, question and answer, discussion
Course Coordinator
Instructors ANKUZEF ANKUZEF
Assistants
Goals This lecture deals with the micro economics issues. Micro economics investigates how an individual makes decision as a consumer, how a unique firm makes decision as a producer and how their decision effect each other in the market.
Course Content Economics, economic issues and economic analysis related to the basic concepts, the concept of supply-demand and pricing
Learning Outcomes 1) Students define basic concepts on economics, economic problem, and economic analysis.
2) Students know production possibilities curve; specialisation on production; alternative economic systems and the features of these systems.
3) Students explain the operation and equilibrium of the full employment market on the basis of supply and demand rules.
4) Students know intervention in the market mechanism.
5) Students know the efficiency of the full employment market.
6) Students tell the reasons of the market failure.
7) Students explain the consumer's utulity-maksimizing behaviour with different teories.
8) Students explain the short and long run production functions.
9) Students know the costs of the short and long run production functions.
10) Students know the production and pricing decisions in the full employment market.

Weekly Topics (Content)
Week Topics Teaching and Learning Methods and Techniques Study Materials
1. Week Historical Development of Economics Lecture; Question Answer
Brainstorming; Colloquium
Brain Based Learning 		Presentation (Including Preparation Time)
2. Week The basic concepts on economics, economic problem, and economic analysis. Lecture; Question Answer; Discussion
Colloquium
Brain Based Learning 		Presentation (Including Preparation Time)
3. Week Production possibilities curve; specialisation on production; alternative economic systems Lecture; Question Answer; Discussion
Brainstorming
Brain Based Learning 		Presentation (Including Preparation Time)
4. Week Supply, Demand, and Market Equilibrium Lecture; Question Answer; Discussion
Colloquium
Brain Based Learning 		Presentation (Including Preparation Time)
5. Week Government Intervention Lecture; Question Answer; Discussion
Brainstorming
Brain Based Learning 		Presentation (Including Preparation Time)
6. Week Efficiency of Perfectly Competitive Market Lecture; Question Answer; Discussion
Brainstorming
Brain Based Learning 		Presentation (Including Preparation Time)
7. Week Capitalism and Market Failure Lecture; Question Answer; Discussion
Brainstorming
Brain Based Learning 		Presentation (Including Preparation Time)
8. Week International Trade Lecture; Question Answer; Discussion
Brainstorming
Brain Based Learning 		Presentation (Including Preparation Time)
9. Week Consumer equilibrium and demand Lecture; Question Answer; Discussion
Colloquium
Brain Based Learning 		Presentation (Including Preparation Time)
10. Week Elasticities of demand Lecture; Question Answer; Discussion
Brainstorming
Brain Based Learning 		Presentation (Including Preparation Time)
11. Week Production technologies Lecture; Question Answer; Discussion
Brainstorming
Brain Based Learning 		Presentation (Including Preparation Time)
12. Week Production costs Lecture; Question Answer; Discussion
Colloquium
Brain Based Learning 		Presentation (Including Preparation Time)
13. Week Production and pricing in the perfectly competitive market Lecture; Question Answer; Discussion
Brainstorming
Brain Based Learning 		Presentation (Including Preparation Time)
14. Week Production and pricing in the monopoly and oligopoly markets Lecture; Question Answer; Discussion
Brainstorming
Brain Based Learning 		Presentation (Including Preparation Time)

Sources Used in This Course
Recommended Sources
Cahit Talas (1999). Ekonomik Sistemler. İmge Kitabevi. 5. Baskı. Ankara.
Erdal M. Ünsal (2007). İktisada Giriş. İmay Yayıncılık. Ankara
Erdal M.Ünsal (2013). Mikro İktisada Giriş. İmaj Yayınevi. Ankara
Fikret Şenses (2017). İktisada (Farklı Bir) Giriş. İletişim Yayınları, İstanbul.
Sadun Aren (2007). Ekonomi Dersleri. İmge Kitabevi. 2.Baskı. Ankara

Assessment
Measurement and Evaluation Methods and Techniques
Multiple choice questions, true-false questions, short-answered open ended questions, long answered open ended questions, matching questions.
Relations with Education Attainment Program Course Competencies
Program RequirementsContribution LevelDK1DK2DK3DK4DK5DK6DK7DK8DK9DK10
PY155555555555
PY255555555555
PY355555555555
PY455555555555
PY555555555555

*DK = Course's Contrubution.
0 1 2 3 4 5
Level of contribution None Very Low Low Fair High Very High
.

ECTS credits and course workload
Event Quantity Duration (Hour) Total Workload (Hour)
Course Duration (Total weeks*Hours per week) 14 3
Work Hour outside Classroom (Preparation, strengthening) 14 3
Midterm Exam 1 1
Time to prepare for Midterm Exam 7 5
Final Exam 1 2
Time to prepare for Final Exam 6 5
Total Workload
Total Workload / 30 (s)
ECTS Credit of the Course
Quick Access Hızlı Erişim Genişlet
Course Information
  • Course Information
  • Weekly Topics (Content)
  • Sources Used in This Course
  • Relations with Education Attainment Program Course Competencies
  • ECTS credits and course workload