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| IKT2015 | Economy | 3+0+0 | ECTS:4 | | Year / Semester | Fall Semester | | Level of Course | First Cycle | | Status | Compulsory | | Department | DEPARTMENT of INDUSTRIAL ENGINEERING | | Prerequisites and co-requisites | None | | Mode of Delivery | | | Contact Hours | 14 weeks - 3 hours of lectures per week | | Lecturer | Prof. Dr. Kenan ÇELİK | | Co-Lecturer | none | | Language of instruction | Turkish | | Professional practise ( internship ) | None | | | | The aim of the course: | | The main aim of this course is to give students an introduction to microeconomics macroeconomics and market economics and to increase that their skill level in analyzing various economic approaches. |
| Learning Outcomes | CTPO | TOA | | Upon successful completion of the course, the students will be able to : | | | | LO - 1 : | learn fundamental economics concepts and principles. | 1,3 | 1,4 | | LO - 2 : | participate in debates on economics matters. | 1,3 | 1,5 | | LO - 3 : | translate economic events and issues which are described in daily language to the language of economic literature. | 1,3 | 1,5 | | LO - 4 : | understand and evaluate the assumption and body of macroeconomic theory. | 1,3 | | | LO - 5 : | analyze current economics events and macroeconomic issues. | 1,3 | | | 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, main concepts, market, demand, supply and price mechanism, marginal utility, elasticity, national accounting system, real and nominal GDP, economic growth, inflation and unemployment, exchange rates, money supply and money demand. |
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| Course Syllabus | | Week | Subject | Related Notes / Files | | Week 1 | The scope and method of economics | | | Week 2 | Scarcity, Choice and production possibilities frontier | | | Week 3 | Demand curve, market demand and individual demand, shifts in the demand curve | | | Week 4 | Supply curve, market supply and individual supply, shifts in the supply curve | | | Week 5 | Market equilibrium | | | Week 6 | Elasticity of supply and elasticity of demand | | | Week 7 | General Overview on the markets and government intervention in market equilibrium | | | Week 8 | Measuring national income and national output | | | Week 9 | Mid-term exam | | | Week 10 | Economic growth and unemployment | | | Week 11 | Inflation | | | Week 12 | Money supply and money demand | | | Week 13 | Foreign trade, balance of payments and the foreign exchange market | | | Week 14 | The general review of Turkish economy | | | Week 15 | The general review of Turkish economy | | | Week 16 | End-of-term exam | | | |
| 1 | ÇELİK, K. 2016; Genel Ekonomi, Celepler Yayınevi, Trabzon. (https://kenancelik.net/kitaplarim/) | | | |
| 1 | ÇELİK, K., 2015; Mikro İktisada Giriş, Celepler Yayınevi, Trabzon.(https://kenancelik.net/kitaplarim/) | | | 2 | ÇELİK, K., 2015; Makro İktisada Giriş, Celepler Yayınevi, Trabzon.(https://kenancelik.net/kitaplarim/) | | | |
| Method of Assessment | | Type of assessment | Week No | Date | Duration (hours) | Weight (%) | | Mid-term exam | 9 | 28/11/2023 | 1 | 50 | | End-of-term exam | 16 | 15/01/2024 | 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 | 8 | 14 | 112 | | Arasınav için hazırlık | 10 | 1 | 10 | | Arasınav | 1 | 1 | 1 | | Dönem sonu sınavı için hazırlık | 14 | 1 | 14 | | Dönem sonu sınavı | 1 | 1 | 1 | | Total work load | | | 180 |
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