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Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS EKO 4000 ECONOMICS COMPULSORY 3 0 0 4

Offered By

Izmir Vocational School

Level of Course Unit

Short Cycle Programmes (Associate's Degree)

Course Coordinator

ASSISTANT PROFESSOR MELTEM ARAT

Offered to

ACCOUNTING AND TAX APPLICATIONS Marketing HEALTH INSTITUTIONS MANAGEMENT (Evening) LOCAL ADMINISTRATIONS (Evening) HEALTH INSTITUTIONS MANAGEMENT Izmir Vocational School Marketing LOCAL ADMINISTRATIONS ACCOUNTING AND TAX APPLICATIONS (Evening)

Course Objective

The aim of this course is to provide students with a basic understanding of economics.

Learning Outcomes of the Course Unit

1   Being able to identify the determinants of demand. 2   Being able to identify the determinants of supply 3   Being able to compare the perfect competition markets with imperfect competition markets 4   Being able to explain the national income equation. 5   Being able to explain monetary, fiscal and foreign trade policies.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description 1 The fundamental concepts of economics 2 The determinants of demand and demand elasticity 3 The determinants of supply and supply elasticity 4 Formation of price in commodity markets, market balance and changes in market balance, comparison of perfect competition markets with imperfect competition market 5 The concept of utility and consumer balance 6 The Fundamental concepts of production costs and producer balance 7 Mid-term exam 8 Mid-term exam 9 The Concept of gross, reel and potential national income and calculation of national income 10 The determinants of total demand and total supply 11 Market balance and changes in market balance 12 Main macroeconomic problems; economic growth, inflation, unemployment, domestic and external debt 13 Concept of money demand and money supply, foreign exchange market and determination of foreign exchange rate 14 Concept of monetary, fiscal, foreign trade and foreign exchange policies

Recomended or Required Reading

Tümay ERTEK, Makro Ekonomi (Macro Economics), Beta Basım Yayın, 2009 Tevfik PEKIN, Makro Ekonomi (Macro Economics), Zeus Kitabevi 2010 Supplementary Textbook: Ilker PARASIZ, Iktisadın ABC si (Introduction to Economics), Ezgi Kitabevi, 2010. Other materials: Lecture notes and presentations

Planned Learning Activities and Teaching Methods

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA 1 MTE MIDTERM EXAM 2 FN Final 3 FCG FINAL COURSE GRADE VZ*0.40 + FN* 0.60 4 RST RESIT 5 FCGR FINAL COURSE GRADE (RESIT) VZ*0.40 + BUT* 0.60 *** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

mid-term aand final exam

Language of Instruction

Turkish

Course Policies and Rules

Students have to attend at least 70% of the courses.

Contact Details for the Lecturer(s)

e-mail: esin.candan@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours) Lectures 12 3 36 Preparation before/after weekly lectures 12 1 12 Preparation to Mid-term Exam 1 16 16 Preparation to Final Exam 1 26 26 Final 1 1 1 Mid-term exam 1 1 1 TOTAL WORKLOAD (hours) 92

Contribution of Learning Outcomes to Programme Outcomes

PO/LO PO.1 PO.2 PO.3 PO.4 PO.5 PO.6 PO.7 PO.8 PO.9 PO.10 PO.11 PO.12 PO.13 PO.14 PO.15 PO.16 PO.17 PO.18 LO.1 1 LO.2 1 LO.3 1 LO.4 1 LO.5 1