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Course Description Course Name : Introduction To Economics I Course Code : EAS101 Course Type : Compulsory Level of Course : First Cycle Year of Study : 1 Course Semester : Fall (16 Weeks) ECTS : 4 Name of Lecturer(s) : Assoc.Prof.Dr. M.FATİH CİN Prof.Dr. NEJAT ERK Prof.Dr. HÜSEYİN MAHİR FİSUNOĞLU Asst.Prof.Dr. ERHAN İŞCAN Learning Outcomes of the Course : Recognizes the main concepts and key issues related to the science of economics. Learns the main fields of activity and methodology of economics. Learns the basic branches of economics, macro-micro level. Understands the Price theory, characteristics and properties of supply and demand law. Understands 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 course 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 be understand the way we get rational decisions, and rational choice. Language of Instruction : Turkish Work Place : Faculty Classroom   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 book Lecture 2 Supply and Demand Reading course book Lecture 3 Partial Market Equilibrium, Factors Affecting Supply and Demand Reading course book Lecture, problem session, and case studies 4 Elasticity Practices and Consumer Theory Reading course book Lecture, problem session, and case studies 5 Utility (Cardinal Approach), Utility (Ordinal Approach) Reading course book Lecture, problem session, and case studies 6 Consumer Equilibrium, Producer Theory and Production Function Reading course book Lecture, problem session, and case studies 7 Optimal Factor Composition, Cost Analysis and Price Theory Reading course book Lecture, problem session, and case studies 8 Mid-term week Studying for exam Question and answer 9 Profit Maximization, Perfect Competition Market and Imperfect Competitive Market Reading course book Lecture, problem session, and case studies 10 Profit Maximization, Perfect Competition Market and Imperfect Competitive Market Reading course book Lecture, problem session, and case studies 11 Production Factors Price Analysis and Pricing of Production Factors Reading course book Lecture, problem session, and case studies 12 Labor and Wages; Land and Rant Reading course book Lecture, problem session, and case studies 13 Capital and Interest Rate; Enterprise and Profit Reading course book Lecture, problem session, and case studies 14 Distribution of Income, Urbanization and Environmental Economics Reading course book Lecture, problem session, and case studies 15 Revision Reading course book Lecture, problem session, and case studies 16/17 Final Exam Studying for exam Question and answer   Required Course Resources Resource Type Resource Name Recommended Course Material(s)  Prof. Dr. Zeynel DİNLER, İktisada Giriş Ekin Kitabevi Yayınları 2009. Required Course Material(s)   Assessment Methods and Assessment Criteria Semester/Year Assessments Number Contribution Percentage     Mid-term Exams (Written, Oral, etc.) 1 100     Homeworks/Projects/Others 0 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 Develops skills of defining and analyzing the international, regional and national oriented issues, producing appropriate conflict-resolution techniques and negotiation skills. 2 2 Becomes skilful at following and interpreting different social areas in international and national levels and also applies the problem-solving oriented practices. 2 3 Uses Turkish, and at least one more foreign language, in accordance with the requirements of academic and work life. 2 4 Understands and interprets the feelings, thoughts and behaviors of related persons correctly; and expresses himself/herself in written and oral forms accurately. 3 5 Questions traditional approaches, practices and methods; and develops and applies new study methods if necessary. 2 6 Recognizes and implements social, scientific and professional ethical values. 5 7 Has the conceptual and theoretical competence to explain the phenomena in the disciplines of Political Science and International Relations. 2 8 Collects, reviews and analyzes the data obtained which necessary for modelling applications in the Social Science. 3 9 Improves his/herself constantly by defining educational requirements considering interests and talents in scientific, cultural, art and social fields besides career development. 3 10 Develops critical thinking skills. 5 11 In recognition of the need for lifelong learning, follows the latest developments in the field and improves himself/herself. 4 12 Individually and/or in a team, takes responsibility, leadership, and works effectively. 4 13 Identifies the international and national issues by methodologies used in the disciplines of Political Science and International Relations; chooses the appropriate analysis techniques across the issues and applies the appropriate empirical studies. 1 * 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 3 42     Out of Class Study (Preliminary Work, Practice) 14 3 42 Assesment Related Works     Homeworks, Projects, Others 0 0 0     Mid-term Exams (Written, Oral, etc.) 1 2 2     Final Exam 1 2 2 Total Workload: 88 Total Workload / 25 (h): 3.52 ECTS Credit: 4