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| ALOJ1011 | Basic Economics | 3+0+0 | ECTS:5 | | Year / Semester | Fall Semester | | Level of Course | Short Cycle | | Status | Compulsory | | Department | DEPARTMENT of MANAGEMENT and ORGANIZATION | | Prerequisites and co-requisites | None | | Mode of Delivery | | | Contact Hours | 14 weeks - 3 hours of lectures per week | | Lecturer | Öğretim Görevlisi Çisil ERKAN BAL | | Co-Lecturer | | | Language of instruction | Turkish | | Professional practise ( internship ) | None | | | | The aim of the course: | | Basic concepts, problems and economic systems, basic concepts in economics, demand and supply, market equilibrium and elasticities, consumer equilibrium analysis, producer equilibrium and cost analysis, market varieties and firm equilibrium analyzes, factor markets and factor income, , unemployment, inflation, money, economic growth and development are taught. |
| Learning Outcomes | CTPO | TOA | | Upon successful completion of the course, the students will be able to : | | | | LO - 1 : | The student learns the basics of economy. | 4,8 | 1, | | LO - 2 : | The student determines the consumer's preferences. | 4,8 | 1, | | LO - 3 : | The student determines the producer preferences. | 4,8 | 1, | | LO - 4 : | The student distinguishes market types. | 4,8 | 1, | | LO - 5 : | the student knows the discipline of economics and understands how economies operate. | 4,8 | 1, | | 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 | | |
| The aim of this course is to enable the student to analyze and comment on economic situations and events. |
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| Course Syllabus | | Week | Subject | Related Notes / Files | | Week 1 | Some basic concepts in economics, scarcity, basic problems in economics, economic systems | | | Week 2 | Demand, supply, market balance, demand elasticity, supply elasticity | | | Week 3 | Cardinal approach, ordinal approach, indifference curves, budget line, consumer equilibrium | | | Week 4 | Manufacturer balance analysis, cost analysis | | | Week 5 | Full competition market, monopoly market, monopoly competition and oligopoly markets | | | Week 6 | Factor markets and basic characteristics, labor and labor market | | | Week 7 | Capital and capital market, land and rent | | | Week 8 |
National income analysis, basic concepts, national income calculation methods | | | Week 9 | MİDTERM | | | Week 10 | Equilibrium level of prices and national income | | | Week 11 |
Employment and unemployment, inflation | | | Week 12 |
Functions of money, types, money supply, money demand, money market and politics | | | Week 13 | Economic growth | | | Week 14 | Economic development | | | Week 15 | An overview | | | Week 16 | Final Exam | | | |
| 1 | Berber, Metin; Bocutoğlu, Ersan. 2013; Ekin Yayınları, Bursa. | | | |
| Method of Assessment | | Type of assessment | Week No | Date | Duration (hours) | Weight (%) | | Mid-term exam | 9 | 27/11/2023 | 1 | 50 | | End-of-term exam | 16 | 19/01/2024 | 1 | 50 | | |
| Student Work Load and its Distribution | | Type of work | Duration (hours pw) | No of weeks / Number of activity | Hours in total per term | | Yüz yüze eğitim | 3 | 14 | 42 | | Sınıf dışı çalışma | 3 | 14 | 42 | | Laboratuar çalışması | 0 | 0 | 0 | | Arasınav için hazırlık | 2 | 8 | 16 | | Arasınav | 1 | 1 | 1 | | Uygulama | 0 | 0 | 0 | | Klinik Uygulama | 0 | 0 | 0 | | Ödev | 1 | 14 | 14 | | Proje | 0 | 0 | 0 | | Dönem sonu sınavı için hazırlık | 2 | 14 | 28 | | Dönem sonu sınavı | 1 | 1 | 1 | | Diğer 1 | 0 | 0 | 0 | | Diğer 2 | 0 | 0 | 0 | | Total work load | | | 144 |
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