COURSE UNIT TITLE

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASSOCIATE PROFESSOR ISTEMI BERK

Offered to

Economics
International Business and Trade
International Relations
BUSINESS ADMINISTRATION
Political Science and International Relations
International Trade and Business (English)
Tourism Management

Course Objective

The purpose of the course is to provide a basic understanding of how economic actors decide to allocate their available resources in an efficient way. The course introduces basic microeconomic topics such as market structures, supply and demand, consumer behaviour, firm behaviour in output markets, the production process, input markets, decisions in regards to market power and market failures in capitalist economies.

Learning Outcomes of the Course Unit

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Recomended or Required Reading

Karl E. CASE, Ray C. FAIR and Sharon E. OSTER, Principles of Economics (Global Edition), Pearson Prentice Hall, New Jersey, 13th Edition

Planned Learning Activities and Teaching Methods

1. Lectures
2. Problem Sets
3. Readings

Assessment Methods

Further Notes About Assessment Methods

Midterm(40%)+Final(40%)

Assessment Criteria

1. The learner will clearly define economic concepts in any economic news on economic units.
2. The learner will use necessary economic concepts to explain the decision-making processes of consumers and firms.
3. The learner will identify the market structure in which a specific product is produced and sold.
4. The learner will recognize how a market reaches equilibrium through demand and supply forces.
5. The learner will recognize economic issues that are defined in reserved books and resources at the library.

Language of Instruction

English

Course Policies and Rules

1. Attending at least 70 percent of lectures is mandatory.
2. Plagiarism of any type will result in disciplinary action.

Contact Details for the Lecturer(s)

istemi.berk@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Contribution of Learning Outcomes to Programme Outcomes