COURSE UNIT TITLE

: INTRODUCTION TO ECONOMICS

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
UBY 1001 INTRODUCTION TO ECONOMICS COMPULSORY 3 0 0 4

Offered By

School of Applied Sciences

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR DOCTOR ILYAS SÖZEN

Offered to

Tourism and Hotel Management
International Trade
School of Applied Sciences
Tourism Management

Course Objective

The aim of the course; to gain knowledge about basic concepts and assumptions in economics and to increase the capacity of interpretation in the face of current problems by learning the theoretical and applications of economic markets.

Learning Outcomes of the Course Unit

1   To be able to explain charging good and service prices in economics.
2   To be able to determine the principles of consumers utility maximization.
3   To be able to determine the principles of producers profit maximization.
4   To be able to analyse the mechanisms of charging price comparatively in the different markets.
5   To be able to interpret the applications and developments in the economy in the light of the knowledge gained.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Main Concepts
2 Economic Systems
3 Supply and Demand
4 Supply and Demand Elasticity
5 Consumption Theory
6 Production Theory
7 Perfect Competition Market
8 Monopoly, Monopoly Competition Market
9 Oligopoly Market
10 National Income
11 Government Consumption and Fiscal Policy
12 Money, Monetary Theory
13 Inflation and unemplyment I
14 Inflation and unemployment II

Recomended or Required Reading

Zeynel Dinler, Iktisada Giriş, Ekin Yayınevi, 2011.
Ilker Parasız, Iktisada Giriş, Ezgi Kitapevi, 2010.
Ömer Faruk Çolak (Ed.), Iktisada Giriş, Gazi Kitabevi, 2007.

Planned Learning Activities and Teaching Methods

Lecture by instructor, class discussion conducted by instructor, problem solving or case studies, question and answer teaching method.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 FIN FINAL EXAM
3 FCG FINAL COURSE GRADE MTE * 0.40 + FIN * 0.60
4 RST RESIT
5 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.40 + RST * 0.60


Further Notes About Assessment Methods

None

Assessment Criteria

Skill in analysis, synthesis and critical thinking; skill in problem solving; skill in application via midterm and final exams.

Language of Instruction

Turkish

Course Policies and Rules

1. Attending at least 70 percent of lectures is mandatory.
2. Participation in class is compulsory.

Contact Details for the Lecturer(s)

mail: ilyas.sozen@deu.edu.tr

Office Hours

Lectural Day: 16:00-17:00

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 12 3 36
Preparations before/after weekly lectures 12 3 36
Preparation for midterm exam 1 12 12
Preparation for final exam 1 12 12
Final 1 2 2
Midterm 1 2 2
TOTAL WORKLOAD (hours) 100

Contribution of Learning Outcomes to Programme Outcomes

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