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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) : Prof.Dr. NEJAT ERK Asst.Prof.Dr. ERHAN İŞCAN Assoc.Prof.Dr. M.FATİH CİN Prof.Dr. HÜSEYİN MAHİR FİSUNOĞLU Learning Outcomes of the Course : Recognition of the main concepts and key issues related to the science of economics The main fields of activity and learning methodology of economics Learning the basic branches of economics, macro-micro level Understanding the Price theory, characteristics and properties of supply and demand law A comprehensive understanding of consumer theory and producer theory Mode of Delivery : Face-to-Face Prerequisites and Co-Prerequisites : EAS101 Introduction To Economics I 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 of 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 9 Profit Maximization, Perfect Competition Market and Imperfect Competitive Market Reading course book Lecture, problem session, and case studies 10 Monopoly, Monopsony, Bilateral Monopoly, Monopolistic Competition and Oligopoly 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 Capital and Interest Rate; Enterprise and Profit Reading course book Lecture, problem session, and case studies 15 Revision Reading course book Lecture, problem session, and case studies 16/17 Final Exam   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 60     Homeworks/Projects/Others 2 40 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 uses modern communication tools, methods and processes, collects and interprets data from different sources using 3 2 understands and explains the role of the public and private sector in the economy, the market economy and the function of the public sector 3 3 uses the information of profesional field about basic computer knowledge and skills 5 4 Collect quantitative and statistical data, makes analysis and interpretation 2 5 understands and interprets corecctly the feelenings, thoughts and behaviors of other people, express Themselves in written and oral form. 4 6 Aware of the social, scientific and ethical values ??and acts accordingly 4 7 Questions the traditional approach and methods of application,and he to develops and implements new ways of working if he considers it is necesaary 3 8 Individually and / or in a team, take responsibility, leadership, and effectively works 2 9 In recognition of the need for lifelong learning and constantly renews itself keeps track of the latest developments. 1 10 2 11 UseTurkish in academic life and work in accordance with the requirements of the uses of life. 3 12 Use different resources in accordance with the academic rules, synthesize the information gathered, and present them effectively in an area which has not been studied 2 13 Use Turkish and at least one foreign language in accordance with the prerequisities of academic and business context 2 14 Develop scientific and ethical values in the fields of statistics-and scientific data collection 5 * 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 2 2 4     Mid-term Exams (Written, Oral, etc.) 1 1 1     Final Exam 1 2 2 Total Workload: 91 Total Workload / 25 (h): 3.64 ECTS Credit: 4