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FACULTY OF FORESTRY / DEPARTMENT of FOREST INDUSTRY ENGINEERING

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ORF
FACULTY OF FORESTRY / DEPARTMENT of FOREST INDUSTRY ENGINEERING /
Katalog Ana Sayfa
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OREN2006Economics2+0+0ECTS:3
Year / SemesterSpring Semester
Level of CourseFirst Cycle
Status Compulsory
DepartmentDEPARTMENT of FOREST INDUSTRY ENGINEERING
Prerequisites and co-requisitesNone
Mode of DeliveryFace to face
Contact Hours14 weeks - 2 hours of lectures per week
LecturerProf. Dr. Kadri Cemil AKYÜZ
Co-LecturerNone
Language of instructionTurkish
Professional practise ( internship ) None
 
The aim of the course:
To give students a solid grasp of main issues in microeconomics at introductory level using both graphical and algebraic techniques. To ensure students can apply main tools and concepts to the study of contemporary economic problems.
 
Learning OutcomesCTPOTOA
Upon successful completion of the course, the students will be able to :
LO - 1 : describe economy and its resources.7,8,101
LO - 2 : learn demand, supply and market price and count their coefficient of elasticity.7,8,101
LO - 3 : determine and compute production costs.7,8,101
LO - 4 : have information about markets, perfect markets and imperfect markets are evaluated by them.7,8,101
LO - 5 : have information about money, monetary associations, Central Bank and the other associations.7,8,101
LO - 6 : compute level of economic growth and development and evaluate national income.7,8,101
LO - 7 : learn basics of international trade and its needs.7,8,101
LO - 8 : evaluate consumer behavior.7,8,101
LO - 9 : compute inflation and know its types.7,8,101
CTPO : Contribution to programme outcomes, TOA :Type of assessment (1: written exam, 2: Oral exam, 3: Homework assignment, 4: Laboratory exercise/exam, 5: Seminar / presentation, 6: Term paper), LO : Learning Outcome

 
Contents of the Course
The main objective of economy lesson is investigating of economy existence depends on what and of solution for imbalance between sources and requirements. Descriptions of demand and supply, effecting factors, computing and evaluating coefficients of elasticity, consumer?s and producer?s rent, consumer election, indifference curvesMarket price formation, equilibrium price, black-market price, utility, production, costs, market structures, perfect and imperfect markets, national product, employment, economic growth, inflation, types and resultsConsumer behaviors
 
Course Syllabus
 WeekSubjectRelated Notes / Files
 Week 1Definition of Economy and Basic Subjects
 Week 2Shortage, Preference, Utility
 Week 3Supply and demand
 Week 4Elasticity
 Week 5Supply and Demand Applications
 Week 6Production and cost
 Week 7Perfect Competition Market
 Week 8Imperfect Markets
 Week 9Mid-term exam
 Week 10Public goods and externality
 Week 11National Income Accounting
 Week 12Quiz
 Week 13National Income Accounting
 Week 14Money, theory of money and monetary policy
 Week 15Aggregation demand, aggregation supply and inflitation
 Week 16End of term exam
 
Textbook / Material
1Ekonomi, Derek Lobley, Özgün Matbaacılık A.Ş., Ankara, 1995.
 
Recommended Reading
1İktisat Bilimine Giriş, Prof. Dr. Zeyyat Hatipoğlu, İstanbul İşletme Fakültesi Yayın No: 220, İstanbul 1989.
2İktisat, Prof. Dr. Cem Alpar, Beta Basım Yayım Dağıtım A.Ş., İstanbul 1986.
 
Method of Assessment
Type of assessmentWeek NoDate

Duration (hours)Weight (%)
Mid-term exam 9 11/04/2019 2 35
Quiz 12 30/04/2019 2 15
End-of-term exam 16 23/05/2019 2 50
 
Student Work Load and its Distribution
Type of workDuration (hours pw)

No of weeks / Number of activity

Hours in total per term
Yüz yüze eğitim 2 14 28
Sınıf dışı çalışma 3 9 27
Laboratuar çalışması 0 0 0
Arasınav için hazırlık 3 6 18
Arasınav 2 1 2
Uygulama 0 0 0
Klinik Uygulama 0 0 0
Ödev 0 0 0
Proje 0 0 0
Kısa sınav 2 1 2
Dönem sonu sınavı için hazırlık 4 3 12
Dönem sonu sınavı 2 1 2
Diğer 1 0 0 0
Diğer 2 0 0 0
Total work load91