Course Name Code Semester T+U Hours Credit ECTS
Economics SAU 104 0 2 + 0 2 5
Precondition Courses
Recommended Optional Courses
Course Language Turkish
Course Level Bachelor's Degree
Course Type Optional
Course Coordinator Doç.Dr. MEHMET ZEKİ AK
Course Lecturers
Course Assistants
Course Category General Education
Course Objective

Comprehension of economic life, being understood of economic concepts 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; economic life, economic activity, actors of economic activity, behaviour forms of these actors, utility and profit maximization, formation of national income , Money and Its functions, economic growth and economic systems will be taught at initial level 

# Course Learning Outcomes Teaching Methods Assessment Methods
1 Define the basic concepts and principles, which are required for economic analysis. Self Study, Question-Answer, Discussion, Brain Storming, Oral Exam, Homework, Testing,
2 Define and interpret the demand and supply functions and the determinants of them. Brain Storming, Discussion, Question-Answer, Lecture, Self Study, Homework, Oral Exam, Testing,
3 Demonstrate the main effects of the changes in the demand and supply curves in order to analyse the market equilibrium. Brain Storming, Discussion, Question-Answer, Lecture, Self Study, Testing, Homework, Oral Exam,
4 Demonstrate the main effects of the changes in the demand and supply curves in order to analyse the market equilibrium. Brain Storming, Discussion, Question-Answer, Lecture, Self Study, Testing, Homework, Oral Exam,
5 Make analyses by using the approaches of marginal utility approach and indifference curves in order to demonstrate how the consumer equilibrium is achieved. Brain Storming, Discussion, Question-Answer, Lecture, Testing, Homework, Oral Exam,
6 Analyse the concepts of marginal, average and total cost and the relations among them for achieving the firm equilibrium. Brain Storming, Discussion, Question-Answer, Lecture, Self Study, Testing, Homework, Oral Exam,
7 Interpret the differences between perfect competition and monopoly for classifying the markets. Brain Storming, Discussion, Question-Answer, Lecture, Self Study, Testing, Homework, Oral Exam,
8 Explain and measure national income, unemployment, inflation and growth. Brain Storming, Discussion, Question-Answer, Lecture, Self Study, Testing, Homework, Oral Exam,
9 Analyse the emergence and change of the national income equilibrium by the help of diagrams. Brain Storming, Discussion, Question-Answer, Lecture, Self Study, Testing, Homework, Oral Exam,
10 Explain the concept of multiplier, its measurement, features and limits while the expense items change Brain Storming, Discussion, Question-Answer, Lecture, Self Study, Testing, Homework, Oral Exam,
11 nalyse the money demand and supply by way of the equlilibrium of the money market. Lecture, Question-Answer, Discussion, Brain Storming, Self Study, Testing, Oral Exam, Homework,
12 Analyse the models of AS and AD. Brain Storming, Discussion, Lecture, Self Study, Testing, Homework, Oral Exam,
13 Analyse income distribution Brain Storming, Discussion, Question-Answer, Lecture, Self Study, Testing, Oral Exam,
14 Define the basic concepts of growth and international economics . Brain Storming, Discussion, Question-Answer, Lecture, Self Study, Testing, Homework, Oral Exam,
Week Course Topics Preliminary Preparation
1 To analysis at collected level the economic life,general concepts, economic activity and its actors, scarcity law, behavior of homoeconomicus, S.Simsek, M.Kemal Aydın. Mehmet Zeli Ak , İktisat Bilimine Giriş, Değişim Yayınları, 2021
2 Market, demand and elements affecting demand,Supply and elemets affecting supply, market equilibrium, changes in market balance S.Simsek, M.Kemal Aydın. Mehmet Zeli Ak , İktisat Bilimine Giriş, Değişim Yayınları, 2021
3 Elasticity, supply and demand elasticities, calculation forms and Its comments S.Simsek, M.Kemal Aydın. Mehmet Zeli Ak , İktisat Bilimine Giriş, Değişim Yayınları, 2021
4 Market Analyses: Taxes, Subsidies, Price Flooring and Price Ceilings S.Simsek, M.Kemal Aydın. Mehmet Zeli Ak , İktisat Bilimine Giriş, Değişim Yayınları, 2021
5 Consumers Optimal Choice: Utility analysis, indifference curves, and budget line, determination of consumer balance S.Simsek, M.Kemal Aydın. Mehmet Zeli Ak , İktisat Bilimine Giriş, Değişim Yayınları, 2021
6 Production theory: law of diminishing returns, isoquant curve, cost line, determination of long run production cost S.Simsek, M.Kemal Aydın. Mehmet Zeli Ak , İktisat Bilimine Giriş, Değişim Yayınları, 2021
7 Markets: Perfect Competition and Imperfect Competition. S.Simsek, M.Kemal Aydın. Mehmet Zeli Ak , İktisat Bilimine Giriş, Değişim Yayınları, 2021
8 Mid-Term Exams S.Simsek, M.Kemal Aydın. Mehmet Zeli Ak , İktisat Bilimine Giriş, Değişim Yayınları, 2021
9 Macroeconomics: GDP, Growth, Unemployment and Inflation calculations and their implications S.Simsek, M.Kemal Aydın. Mehmet Zeli Ak , İktisat Bilimine Giriş, Değişim Yayınları, 2021
10 Keynesian Macroeconomics: GDP Multiplier S.Simsek, M.Kemal Aydın. Mehmet Zeli Ak , İktisat Bilimine Giriş, Değişim Yayınları, 2021
11 Fiscal Policy in Open and Closed Economies S.Simsek, M.Kemal Aydın. Mehmet Zeli Ak , İktisat Bilimine Giriş, Değişim Yayınları, 2021
12 Money , Banking System, Monetary Theory and Policy S.Simsek, M.Kemal Aydın. Mehmet Zeli Ak , İktisat Bilimine Giriş, Değişim Yayınları, 2021
13 Money , Banking System, Monetary Theory and Policy S.Simsek, M.Kemal Aydın. Mehmet Zeli Ak , İktisat Bilimine Giriş, Değişim Yayınları, 2021
14 nternational Economics: Trade Theory and Policy S.Simsek, M.Kemal Aydın. Mehmet Zeli Ak , İktisat Bilimine Giriş, Değişim Yayınları, 2021
Resources
Course Notes
Course Resources

S.Simsek, M.Kemal Aydın. Mehmet Zeli Ak , İktisat Bilimine Giriş, Değişim Yayınları, 2021

Order Program Outcomes Level of Contribution
1 2 3 4 5
1 The students are gained the ability to look at the problems of daily life from a broader perspective. They gain the needed skills not only to understand the economic problems but also to construct a model and defend in meaningful way. X
2 They have knowledge about the microeconomic theory. X
3 They have knowledge about the macroeconomic theory. X
4 They have knowledge about the international economic theory. X
5 They have ability to use mathematical and statistical methods. X
6 They have ability to utilize fundamental econometric theories to provide economic problems. X
7 They are intended to be expert in one of non departmental fields that they choose from the list of marketing, management, human resources management, corporate finance, public administration, and tourism management. X
8 They are intended to be expert in one of departmental fields that they choose from the list of public finance, agricultural, environmental, natural resources, labor economics, economics of industrial organization, economics of property rights, international finance, money and banking, economic growth and development. X
9 They have necessary knowledge of law and related skills that needed in both public and private sector. X
10 They have necessary accountancy skills that needed in both public and private sector. X
11 They have written and oral communication skills in a foreign language as well as in their native language. X
12 They know how to use computer programs in both daily office usage and statistical data evaluations. X
Evaluation System
Semester Studies Contribution Rate
Total 0
Total 0
ECTS - Workload Activity Quantity Time (Hours) Total Workload (Hours)
Mid-terms 1 10 10
Assignment 1 6 6
Oral Examination 1 8 8
Quiz 2 6 12
Hours for off-the-classroom study (Pre-study, practice) 1 32 32
Course Duration (Including the exam week: 16x Total course hours) 16 2 32
Final examination 1 16 16
Total Workload 116
Total Workload / 25 (Hours) 4.64
dersAKTSKredisi 5