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Course Description Course Name : Economics I Course Code : HK 109 Course Type : Optional Level of Course : First Cycle Year of Study : 1 Course Semester : Fall (16 Weeks) ECTS : 3 Name of Lecturer(s) : Asst.Prof.Dr. HAKKI ÇİFTÇİ Learning Outcomes of the Course : Recognizes of the main concepts and key issues related to the science of economics Knows the main fields of activity and learning methodology of economics Learns the basic branches of economics, macro-micro level Understands the Price theory, characteristics and properties of supply and demand law Has a comprehensive understanding of consumer theory and producer theory Mode of Delivery : Face-to-Face Prerequisites and Co-Prerequisites : None Recommended Optional Programme Components : None Aim(s) of Course : This is a two-term cource in economics. We will try to understand the basic concepts and definations in economics, its relations with other sciences such as sociology, law, mathematics,… Its two basic subjects are microeconomics and macroeconomics. We shall begin with microeconomics in the fall term. Course Contents : It deals with "micro" units in economics such as individual or households, firms (big or small), and the relationships between them. As we learned about supply, demand, scarcity, efficiency and productivity, the price system, households, firms, markets (perfectly competitive or imperfectly competitive or factors of production) , we will understand the way we get rational decisions, and rational choice. Language of Instruction : Turkish Work Place : Classrooms   Course Outline /Schedule (Weekly) Planned Learning Activities Week Subject Student's Preliminary Work Learning Activities and Teaching Methods 1 Introduction to Main Concepts and Price Theory Reading course books Lecture, problem session, and case studies 2 Supply and Demand Reading course books Lecture, problem session, and case studies 3 Partial Market Equilibrium, Factors Affecting Supply and Demand Reading course books Lecture, problem session, and case studies 4 Elasticity Practices and Consumer Theory Reading course books Lecture, problem session, and case studies 5 Utility (Cardinal Approach), Utility (Ordinal Approach) Reading course books Lecture, problem session, and case studies 6 Consumer Equilibrium, Producer Theory and Production Function Reading course books Lecture, problem session, and case studies 7 Optimal Factor Composition, Cost Analysis and Price Theory Reading course books Lecture, problem session, and case studies 8 Mid-term week Reading course books Lecture, problem session, and case studies 9 Profit Maximization, Perfect Competition Market and Imperfect Competitive Market Reading course books Lecture, problem session, and case studies 10 Monopoly, Monopsony, Bilateral Monopoly, Monopolistic Competition and Oligopoly Reading course books Lecture, problem session, and case studies 11 Production Factors Price Analysis and Pricing of Production Factors Reading course books Lecture, problem session, and case studies 12 Labor and Wages; Land and Rant Reading course books Lecture, problem session, and case studies 13 Capital and Interest Rate; Enterprise and Profit Reading course books Lecture, problem session, and case studies 14 Distribution of Income, Urbanization and Environmental Economics Reading course books Lecture, problem session, and case studies 15 Revision Reading course books Lecture, problem session, and case studies 16/17 Final Exam Week   Required Course Resources Resource Type Resource Name Recommended Course Material(s)  ÜNSAL Erdal M., 2005, Mikro İktisat, İmaj Yayıncılık, Ankara-ÜNSAL Erdal M.,2005, Makro İktisat, İmaj Yayıncılık, Ankara Required Course Material(s)  1.ÜNLÜÖNEN K. Tayfun A.,2005, Ekonomi, Nobel Yayınevi, Ankara. 2.DİNLER, Z., 2006, Mikro Ekonomi, Ekin Kitabevi Yayınları, Bursa. 3.PARASIZ İ., 2008, İktisada Giriş, Ezgi Kitabevi, Ankara. 4.ULUATAM, Ö. 1998, Makro İktisat, 9.Baskı, Savaş Yayınları, Ankara. 5.ALKİN E. ve diğerleri, 2008, İktisada Giriş, Anadolu Üniversitesi, Eskişehir.   Assessment Methods and Assessment Criteria Semester/Year Assessments Number Contribution Percentage     Mid-term Exams (Written, Oral, etc.) 1 100     Homeworks/Projects/Others 2 0 Total 100 Rate of Semester/Year Assessments to Success 40   Final Assessments 100 Rate of Final Assessments to Success 60 Total 100   Contribution of the Course to Key Learning Outcomes # Key Learning Outcome Contribution* 1 Communicates with colleagues in a foreign language and keeps up with international developments in the field of law. 2 2 Conducts scientific studies in the field. 2 3 Has general legal knowledge in the field of information systems and demonstrates the ability to use required soft wares 2 4 Has a basic knowledge of the codification process and how to use newly gained legal knowledge in their work environment. 3 5 Knows the rules regulating the relationship between the state and society,and between the estate and the individual, and can interpret these rules. 2 6 Takes on tasks; the administrative organization of the country´s governor, the governor, the chief of police, inspectors, also in areas such as banking and finance senior positions and so on. 2 7 Has theoretical information of legal systems, rules, and review methods 4 8 Knows the historical and sociological development process of law and legal norms 2 9 Has knowledge of the relevant regulations, decisions of judicial bodies, their development and the relevant scientific assessments. 3 10 Knows how to access and use local and international law sources. 2 11 Has the skills needed to work as a judge, prosecutor, lawyer, notaryor legal counsel after graduating from the School of law. 2 12 Has sufficient knowledge of the common laws that govern the use of skilled workers in the public and private sector 2 13 Understands and uses the basic concepts of law; has the ability to conduct legal and normative research, predicts outcomes of decisions taken, develops strategical solutions while taking into account cause and effect relationships. 2 14 Is legally objective and has an impartial attitude towards daily events, is honest and morally ethical; all of which are characteristics or equired of lawyers. 2 15 Develops critical thinking skills in order to re-interpret laws according to the needs of humanity 2 16 Has written and oral communication skills, can convey ideas to other using persuasive speech, is capable of producing alternative solutions and can analyze information. 2 * Contribution levels are between 0 (not) and 5 (maximum).   Student Workload - ECTS Works Number Time (Hour) Total Workload (Hour) Course Related Works     Class Time (Exam weeks are excluded) 14 2 28     Out of Class Study (Preliminary Work, Practice) 14 2 28 Assesment Related Works     Homeworks, Projects, Others 2 3 6     Mid-term Exams (Written, Oral, etc.) 1 1 1     Final Exam 1 1 1 Total Workload: 64 Total Workload / 25 (h): 2.56 ECTS Credit: 3