Course Information
Course Title Code Semester T + P ECTS
Introduction to Economics IKT105 1 3 + 0 4

Prerequisites none

Language Turkish
Level Bachelor's Degree
Type Compulsory
Coordinator Assist.Prof. FERDİ KESİKOĞLU
Instructors
Goals To introduce the scope and basic concepts of economics and to teach the basic concepts such as supply, demand, consumer behaviour, economic facts and systematical relations between them.
Contents Supply, Demand, Market, Market Equilibrium, consumer behavior and production theory.
Work Placement(s) Absent

Number Learning Outcomes
No Records.

Mode of Delivery Face-to-Face
Planned Learning Activities & Teaching Methods Lecture, questions and answers, discussion
Assessment Methods Exam



Course Content
Week Topics Study Materials
1 Explanation of economic concepts and cases
2 Examination of the concepts of supply and demand
3 Analysis of balance and imbalance of market
4 Government intervetion and its effect on market balance
5 Efficiency in perfect competition
6 Consumer balance (Cardinal approach)
7 Consumer balance (ordinal approach)
8 Price elasticity of demand
9 Income elasticity and cross-elasticity of demand
10 Short-term production function and diminishing returns
11 Long-term production function and economies of scale
12 Short-term cost of production
13 Long-term cost of production
14 Production possibilities curve



Sources
Textbook Erdal Ünsal, İktisada Giriş, İmaj Yayınevi. Orhan Türkay, Mikro İktisat Teorisi, İmaj Yayınevi. Ersan Bocutoğlu, Metin Berber, Kenana Çelik, İktisada Giriş, Derya Kitabevi
Additional Resources



Assessment System Quantity Percentage
In-Term Studies
Mid-terms 1 40
In-Term Total 1 40
Contribution of In-Term Studies to Overall 40
Contribution of Final Exam to Overall 60
Total 100





Course's Contribution to PLO
No Key Learning Outcomes Level
1 2 3 4 5
1 Have advanced knowledge in the field of working life x
2 Information in the field of working life has the ability to transfer employees and colleagues. x
3 The decision on the application and the behavior of his working life to interpret the information acquired through the use of the data, to analyze, to bring the has the ability to define problems and solutions. x
4 Do research and work on issues related to working life. x
5 The project meets the objectives of the Project Coordinator or the participant takes responsibility. x
6 Organization / Institution determines the objectives. x
7 Employee-employer relations, critically evaluates the acquired knowledge and skills. x
8 Indicates that the comprehension of the need for continuity of learning x
9 The level of knowledge and skills related to the field of Labor Economics thoughts and pass the written and oral proposals concerned. x
10 Effective stake holders in the field of professional communication. x
11 Working relationships required by the European Computer Driving Licence Advanced Level at least with computer software uses information and communication technologies. x
12 At least one foreign language knowledge in the field using the European Language Portfolio B1 General level monitors and communicates with colleagues. x
13 Employee-employer relations, the organization / institution, business, and act in accordance with social ethics. x
14 Analyze and executes effective working relationships within the organization. x
15 Has the ability to be able to encourage innovations in working life. x
16 Working relationships to the organization / institution for the critical thinker. x
17 Social rights, social justice, quality and cultural values, environmental protection, occupational health and safety issues are conscious. x



ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
Activities Quantity Duration (Hour) Total Work Load (h)
Course Duration 14 3 42
Hours for off-the-classroom study (Pre-study, practice) 14 3 42
Mid-terms 1 16 16
Final examination 1 22 22
Total Work Load (h) 122
Total Work Load / 30 (h) 4.07
ECTS Credit of the Course 4