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| IKT1003 | Introduction to Economics - I | 3+0+0 | ECTS:6 | | Year / Semester | Fall Semester | | Level of Course | First Cycle | | Status | Compulsory | | Department | DEPARTMENT of ECONOMICS | | Prerequisites and co-requisites | None | | Mode of Delivery | | | Contact Hours | 14 weeks - 3 hours of lectures per week | | Lecturer | Prof. Dr. Adem KALÇA | | Co-Lecturer | Dr. Lecturer Yeşim DİNDAROĞLU | | Language of instruction | Turkish | | Professional practise ( internship ) | None | | | | The aim of the course: | | The aim of this course is to give students an introduction to micro and market economics and to increase their skill level in analyzing various economic approaches. |
| Learning Outcomes | CTPO | TOA | | Upon successful completion of the course, the students will be able to : | | | | LO - 1 : | learn fundamental economic concepts and principles.
| 1,2,3 | 1, | | LO - 2 : | participate in debates on economic matters.
| 1,2,3 | 1, | | LO - 3 : | analyze roles of the market mechanism in allocating resources.
| 1,2,3 | 1, | | LO - 4 : | translate economic events and issues which are described in daily language to the language of economic literature. | 1,2,3 | 1, | | LO - 5 : | apply reasoning to better understand real world issues.
| 1,2,3 | 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 | | |
| Subject of economics, definition of economics, economic systems, main concepts, methods used in economics, circular flow of economic activity, market, demand, supply and price mechanism, King theorem, Cobweb theorem, marginal utility and indifference curves, consumer's equilibrium and changes in consumer's equilibrium.
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| Course Syllabus | | Week | Subject | Related Notes / Files | | Week 1 | The scope and method of economics | | | Week 2 | Scarcity, Choice and production possibilities frontier | | | Week 3 | Demand curve,market demand and individual demand,shifts in the demand curve | | | Week 4 | Supply,market supply and individual supply, shifts in the supply curve | | | Week 5 | Market equilibrium | | | Week 6 | Elasticity of demand | | | Week 7 | Elasticity of supply | | | Week 8 | Applications of supply, demand and elasticity | | | Week 9 | Mid-term exam | | | Week 10 | Supply, demand and government policies | | | Week 11 | Consumer behavior and utility maximization | | | Week 12 | Consumer behavior and utility maximization | | | Week 13 | Theory of production | | | Week 14 | The market system | | | Week 15 | Perfect competition and monopoly | | | Week 16 | End-of-term exam | | | |
| 1 | Yalta, Y. ve Yalta T. 2020; Modern Mikro Ekonomiye Giriş, Adres Yayınları
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| 1 | Ünsal, E.M.2004;Mikro İktisada Giriş, Turhan Kitabevi, Ankara | | | 2 | Dinler, Z.2016;İktisada Giriş, Ekin Kitabevi Yayınları, Bursa | | | |
| Method of Assessment | | Type of assessment | Week No | Date | Duration (hours) | Weight (%) | | Mid-term exam | 9 | 04/2023 | 1 | 50 | | End-of-term exam | 16 | 06/2023 | 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 | 6 | 14 | 84 | | Laboratuar çalışması | 0 | 0 | 0 | | Arasınav için hazırlık | 11 | 2 | 22 | | Arasınav | 1 | 1 | 1 | | Uygulama | 0 | 0 | 0 | | Klinik Uygulama | 0 | 0 | 0 | | Ödev | 0 | 0 | 0 | | Proje | 0 | 0 | 0 | | Kısa sınav | 0 | 0 | 0 | | Dönem sonu sınavı için hazırlık | 10 | 3 | 30 | | Dönem sonu sınavı | 1 | 1 | 1 | | Diğer 1 | 0 | 0 | 0 | | Diğer 2 | 0 | 0 | 0 | | Total work load | | | 180 |
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