Course Name Code Semester T+U Hours Credit ECTS
Introduction To Economics Science UTC 101 1 4 + 0 4 5
Precondition Courses
Recommended Optional Courses
Course Language Turkish
Course Level Bachelor's Degree
Course Type Compulsory
Course Coordinator Doç.Dr. AHMET YAĞMUR ERSOY
Course Lecturers Doç.Dr. AHMET YAĞMUR ERSOY,
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 live, 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, Testing, Homework,
2 Define and interpret the demand and supply functions and the determinants of them. Lecture, Testing, Homework,
3 Demonstrate the main effects of the changes in the demand and supply curves in order to analyse the market equilibrium. Lecture, Testing, Homework,
4 Analyse the concept of elasticity, its measurement and economic effects. Lecture, Testing, Homework,
5 Make analysis by using the approaches of marginal utility approach and indifference curves in order to demonstrate how the consumer equilibrium is achieved. Lecture, Testing, Homework,
6 Analyse the concepts of marginal, average and total cost and the relations among them for achieving the firm equilibrium. Lecture, Testing, Homework,
7 Interpret the differences between perfect competition and monopoly for classifying the markets. Lecture, Testing, Homework,
8 Explain and measures national income, unemployment, inflation and growth. Lecture, Testing, Homework,
9 Analyse the emergence and change of the natinal income equilibrium by the help of diagrams. Lecture, Testing, Homework,
10 Explain the concept of multiplier, its measurement, features and limits while the expense items change. Lecture, Testing, Homework,
11 Debate the concept of money, its functions, types and systems. Lecture, Testing, Homework,
12 Analyse the money demand and supply by way of the equlilibrium of the money market. Lecture, Testing, Homework,
Week Course Topics Preliminary Preparation
1 To analyses at collected level the economic life,General consepts, economic activity and Its actors, scarcity law, behavior of homo economicus Salih Şimşek- M Kemal Aydın, İktisat Bilimine Giriş, Değişim Yayınları, İstanbul, 2004 (4.Baskı)
2 Market, demand and elements affecting demand,Supply and elemets affecting supply, market equilibrium, changes in market balance Salih Şimşek- M Kemal Aydın, İktisat Bilimine Giriş, Değişim Yayınları, İstanbul, 2004 (4.Baskı)
3 Elasticity, supply and demand elasticities, calculation forms and Its comments Salih Şimşek- M Kemal Aydın, İktisat Bilimine Giriş, Değişim Yayınları, İstanbul, 2004 (4.Baskı)
4 Consumer balance: Utility analysis, indifference curves, and budget line, determination of consumer balance Salih Şimşek- M Kemal Aydın, İktisat Bilimine Giriş, Değişim Yayınları, İstanbul, 2004 (4.Baskı)
5 Production theory: law of diminishing returns, isoquant curve, cost line, determination of long run production cost Salih Şimşek- M Kemal Aydın, İktisat Bilimine Giriş, Değişim Yayınları, İstanbul, 2004 (4.Baskı)
6 Firm revenues, firm balance, (At short and long run, firm equilibrium analysis in perfect competition market) Salih Şimşek- M Kemal Aydın, İktisat Bilimine Giriş, Değişim Yayınları, İstanbul, 2004 (4.Baskı)
7 Determination of monopoly firm revanue functions and firm equilibrium, Comparing firm equilibrium between in perfect competition market and monopoly market Salih Şimşek- M Kemal Aydın, İktisat Bilimine Giriş, Değişim Yayınları, İstanbul, 2004 (4.Baskı)
8 Midterm Examination
9 To analyses at macro level the economic life GNP, Analyzing of basic determinats of gross national product Salih Şimşek- M Kemal Aydın, İktisat Bilimine Giriş, Değişim Yayınları, İstanbul, 2004 (4.Baskı)
10 Calculating forms of national income and Its comments, determination of national income equilibrium level in terms of aggregate demand and supply, investment and saving Salih Şimşek- M Kemal Aydın, İktisat Bilimine Giriş, Değişim Yayınları, İstanbul, 2004 (4.Baskı)
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 affects on national income Salih Şimşek- M Kemal Aydın, İktisat Bilimine Giriş, Değişim Yayınları, İstanbul, 2004 (4.Baskı)
12 Historical process of Money, Formation process of banking foundation, relations between the supply and value of Money and employment-income Salih Şimşek- M Kemal Aydın, İktisat Bilimine Giriş, Değişim Yayınları, İstanbul, 2004 (4.Baskı)
13 Income distribution and evaluations interested this, Relation between economic growth and economic development Salih Şimşek- M Kemal Aydın, İktisat Bilimine Giriş, Değişim Yayınları, İstanbul, 2004 (4.Baskı)
14 International economic relations Salih Şimşek- M Kemal Aydın, İktisat Bilimine Giriş, Değişim Yayınları, İstanbul, 2004 (4.Baskı)
Resources
Course Notes The above-mentioned books
Course Resources "Introduction to Economics" with the name of all books available
Evaluation System
Semester Studies Contribution Rate
1. Ara Sınav 70
1. Kısa Sınav 10
1. Ödev 10
2. Kısa Sınav 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