Course Name Code Semester T+U Hours Credit ECTS
Introduction To Economics IKT 101 1 4 + 0 4 5
Precondition Courses
Recommended Optional Courses
Course Language Turkish
Course Level Bachelor's Degree
Course Type Compulsory
Course Coordinator Prof.Dr. SELİM İNANÇLI
Course Lecturers Prof.Dr. SELİM İNANÇLI,
Course Assistants
Course Category
Course Objective Comprehending of economic life, understanding of economic consept used in actual life and learning of rationality in economic decision processes…. Getting general knowledge about Gross National Product, Money, International Economic Activities, Economic Growth, Economic Thought and Systems
Course Content In this course It will be taught as economic life, economic activity, actors of economic activity, behaviour forms of these, utility and profit maximization, formation of national income , Money and Its functions, economic growth and economic systems at initial level
# Course Learning Outcomes Teaching Methods Assessment Methods
1 Define the basic concepts and principles, which are required for economic analysis. Lecture, Question-Answer, Discussion, Drilland Practice, Testing, Homework,
2 Define and interpret the demand and supply functions and the determinants of them. Lecture, Question-Answer, Discussion, Drilland Practice, Testing, Homework,
3 Demonstrate the main effects of the changes in the demand and supply curves in order to analyse the market equilibrium. Lecture, Question-Answer, Discussion, Drilland Practice, Testing, Homework,
4 Analyse the concept of elasticity, its measurement and economic effects. Lecture, Question-Answer, Discussion, Drilland Practice, Testing, Homework,
5 Make analyses by using the approaches of marginal utility approach and indifference curves in order to demonstrate how the consumer equilibrium is achieved. Lecture, Question-Answer, Discussion, Drilland Practice, Testing, Homework,
6 Analyse the concepts of marginal, average and total cost and the relations among them for achieving the firm equilibrium. Lecture, Question-Answer, Discussion, Drilland Practice, Testing, Homework,
7 Interpret the differences between perfect competition and monopoly for classifying the markets. Lecture, Question-Answer, Discussion, Drilland Practice, Testing, Homework,
8 Explain and measures national income, unemployment, inflation and growth. Lecture, Question-Answer, Discussion, Drilland Practice, Testing, Homework,
9 Analyse the emergence and change of the natinal income equilibrium by the help of diagrams. Lecture, Question-Answer, Discussion, Drilland Practice, Testing, Homework,
10 Explain the concept of multiplier, its measurement, features and limits while the expense items change. Lecture, Question-Answer, Discussion, Drilland Practice, Testing, Homework,
11 Debate the concept of money, its functions, types and systems. Lecture, Question-Answer, Discussion, Drilland Practice, Testing, Homework,
12 Analyse the money demand and supply by way of the equlilibrium of the money market. Lecture, Question-Answer, Discussion, Drilland Practice, Testing, Homework,
Week Course Topics Preliminary Preparation
1 To analysis at collected level the economic life,General consepts, economic activity and Its actors, scarcity law, behavior of homo economicus,
2 Market, demand and elements affecting demand,Supply and elemets affecting supply, market equilibrium, changes in market balance
3 Elasticity, supply and demand elasticities, calculation forms and Its comments
4 Consumer balance: Utility analysis, indifference curves, and budget line, determination of consumer balance
5 Production theory: law of diminishing returns, isoquant curve, cost line, determination of long run production cost
6 Firm revanues, firm balance, (At short and long run, firm equilibrium analysis in perfect competition market)
7 term examination
8 Determination of monopoly firm’s revanue functions and firm equilibrium, Comparing firm’s equilibrium between in perfect competition market and monopoly market
9 To analysis at macro level the economic life
10 Calculating forms of national income and Its comments, determination of national income’s equilibrium level in terms of aggregate demand and supply, investment and saving
11 Explanation of accelerator and multiplier mechanisms in form of geometrical and algebraic, the forms and rationales of government intervenes to economic life and this stuation’s affects on national income
12 Historical process of Money, Formation process of banking foundation, relations between the supply and value of Money and employment-income
13 Income distribution and evaluations interested this, Relation between economic growth and economic development
14 International economic relations
Resources
Course Notes
Course Resources
Order Program Outcomes Level of Contribution
1 2 3 4 5
1 Our students will have fundamental knowledge in business administration. X
2 Our students will be able to work in teams, and share information with team members in tasks of business administration X
3 Our students will identify and analyse problems to offer solutions in tasks of business administration. X
4 Our students will participate in projects about business administration process and tasks. X
5 Our students will accept responsibility in order to conclude tasks of business administration. X
6 Our students will define ethical problems in work environment and generate solutions. X
7 Our students can transfer their knowledge and suggestions with technology supported tools and written communication skills. X
8 Our students can transfer their knowledge and suggestions by written and verbal communication skills. X
Evaluation System
Semester Studies Contribution Rate
1. Ara Sınav 70
1. Kısa Sınav 10
2. Kısa Sınav 10
1. Ödev 10
Total 100
1. Yıl İçinin Başarıya 50
1. Final 50
Total 100
ECTS - Workload Activity Quantity Time (Hours) Total Workload (Hours)
Course Duration (Including the exam week: 16x Total course hours) 16 4 64
Hours for off-the-classroom study (Pre-study, practice) 16 2 32
Mid-terms 1 6 6
Quiz 2 5 10
Assignment 1 5 5
Final examination 1 8 8
Total Workload 125
Total Workload / 25 (Hours) 5
dersAKTSKredisi 5