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| IKT1005 | Introduction to Economics | 3+0+0 | ECTS:5 | | Year / Semester | Fall Semester | | Level of Course | First Cycle | | Status | Compulsory | | Department | DEPARTMENT of PUBLIC FINANCE | | Prerequisites and co-requisites | None | | Mode of Delivery | Face to face | | Contact Hours | 14 weeks - 3 hours of lectures per week | | Lecturer | Dr. Öğr. Üyesi Aykut BAŞOĞLU | | Co-Lecturer | PROF. DR. NEBİYE YAMAK | | Language of instruction | Turkish | | Professional practise ( internship ) | None | | | | The aim of the course: | | The aim of this course is to give students an introduction in micro and market economics and to increase their skill level in analyzing various economic approaches and problems |
| Learning Outcomes | CTPO | TOA | | Upon successful completion of the course, the students will be able to : | | | | LO - 1 : | understand and analyze basic concepts and tools in microeconomics | 1 - 2 - 3 - 4 - 5 - 6 - 7 - 8 | 1 | | LO - 2 : | learn the methods, tools and theories of micro economics | 1 - 2 - 3 - 4 - 5 - 6 - 7 - 8 | 1 | | LO - 3 : | apply the methods, tools and theories of micro economics | 1 - 2 - 3 - 4 - 5 - 6 - 7 - 8 | 1 | | LO - 4 : | analyze the methods, tools and theories of micro economics | 1 - 2 - 3 - 4 - 5 - 6 - 8 | 1 | | LO - 5 : | review and survey the methods, tools and theories of micro economics | 1 - 2 - 3 - 4 - 5 - 6 - 7 - 8 | 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, principle concepts, methods used in economics, circular flow of economic activity, elastisities, market demand-supply and price mechanism, changes in supply and demand, blackmarket, limit price, King's theorem, Cobweb theorem, marginal utility, paradox of diamond, and indifference curves, consumer's equilibrium and changes in consumer's equilibrium. Engel's-price consumption and income consumption curves, Slutsky and Hicks' methods in consumer equilibrium |
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| Course Syllabus | | Week | Subject | Related Notes / Files | | Week 1 | Subject of economics, principle concepts
| | | Week 2 | economic systems
| | | Week 3 | methods and models in economics
| | | Week 4 | circular flow of economic activity
| | | Week 5 | goods and services
| | | Week 6 | Economic laws, market demand-supply and price mechanism
| | | Week 7 | Elastisities
changes in supply and demand, price conrols | | | Week 8 | blackmarket, limit price, maximum price
| | | Week 9 | Mid-term exam | | | Week 10 | King's theorem-Cobweb theorem | | | Week 11 | Marginal utility, paradox of diamond
| | | Week 12 | Ordinal utility and indifference curves
| | | Week 13 | consumer's equilibrium and changes in consumer's equilibrium
| | | Week 14 | Engel's-price consumption and income consumption curves
| | | Week 15 | Slutsky and Hicks' methods in consumer equilibrium
Giffen paradox, inferior goods and consumer equilibrium
| | | Week 16 | End-of-term exam | | | |
| 1 | Begg, David ve Fischer, Stanley (2000) Mikro İktisat, Alkım Yayınları,Terzi, Harun Mikro İktisat, (2012) Celepler Matbaası.Terzi, Harun Mikro İktisat Soru Bankası, (2012) Celepler Matbaası. | | | 2 | Dinler, Zeynel, 2009 Mikro Ekonomi, Ekin Kitabevi | | | |
| 1 | Bulmuş, İsmail, 2008; Mikroiktisat, Okutman Yayıncılık | | | 2 | Sloman, John 2004; Mikro İktisat (Çeviren Ahmet Çakmak), Bilim Teknik Yayınevi | | | 3 | Begg, David ve Fischer, Stanley (2000) Mikro İktisat, Alkım Yayınları | | | |
| Method of Assessment | | Type of assessment | Week No | Date | Duration (hours) | Weight (%) | | Mid-term exam | 9 | 16/11/2013 | 1 | 50 | | End-of-term exam | 16 | 13/01/2014 | 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 | 3 | 14 | 42 | | Arasınav için hazırlık | 3 | 1 | 3 | | Arasınav | 2 | 1 | 2 | | Dönem sonu sınavı için hazırlık | 10 | 1 | 10 | | Dönem sonu sınavı | 1 | 1 | 1 | | Total work load | | | 100 |
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