Application of General Economics

INDIVIDUAL COURSE DESCRIPTION
Course Unit Title
Applications of General Economics
Course Unit Code
ECO 720
Type of Course Unit
(Compulsory, Optional)
Optional
Level of Course Unit (Short
Cyle, First Cycle, Second
Cycle, Third Cycle)
First Cycle
Number of ECTS Credits
Allocated
5
Theoretical (hour/week)
2
Practice (hour/week)
1
Laboratory (hour/week)
---
Year of Study
4th year
Semester when the course
unit is delivered
7th semester / (Fall)
Name of Lecturer(s)
Mode of Delivery (Face-ToFace, Distance Learning)
Face-To-Face
Language of Instruction
(Turkish, English, German)
Turkish
Prerequisities and corequisities (Ön Koşul olan
dersler ya da bu dersi
başarmak için alınmış olması
önerilen dersler varsa
yazılması gerekir. Ön koşul
dersi yoksa “None” diye
belirtilmesi gerekir.)
None
Recommended Optional
Programme Components
(Ders için önerilen konular
varsa yazılması, yoksa “None”
diye belirtilmesi gerekir.)
None
Work Placement(s) (Bu dersle
ilgili herhangi bir staj
uygulaması varsa yazılması,
yoksa “None” diye belirtilmesi
gerekir.)
None
Objectives of the Course
The main objective of this course is to provide students understand the basic
economic concepts, theories and markets and analyze economic events by using
the methods and economic data. Depending on this, the important aim of this
course is to be able to implement the economic information and use all of them in
daily experience
Learning Outcomes
- To be able to define the basic economics concepts
- To be able to explain the economic agents behaviour and choice
- To be able to define problems, systems, decision mechanisms and politics for
economics (macro economics)
- To be able to follow national and international economic data and events
- To be able to develope policy recommendation for economic problems
- To be able to work interdisciplinary team
- To be able to create employment opportunities
- To be able to implement the economic information and use all of them in daily
experience
Course Contents
Weekly Detailed Course
Contents (yarıyıllık dersler
için arasınav ve final sınavları
dahil edilerek 16 haftalık,
yıllık dersler için arasınav ve
final sınavları dahil edilerek
30 haftalık)
Recommended or Required
Reading
Rewiev of basic economic concepts, demand, supply, equilibrium (market) price,
consumption and production theory, national income, inflation, unemployment,
money, foreign trade, privatization, informal economy, budget deficit, economic
crises, applied general economics and discussion on general economics.
TOPIC
Week
Theoretical Course Content
Application
Introduction
Reading
2
Demand, Supply
Reading
[
3
Market Equlibrium, Changes in Equilibrium, Reading
Consumption Theory and Utility Maximizing
Rule
4
Production Theory and the Behaviour of ProfitMaximizing Firms
5
Implementations
Practice
6
Implementations
Practice
7
Midterm Exam
8
Measuring National Output and National Income
Inflation
Unemployment
9
Implementations
10
Monetary Policy, Foreign Trade Theory
11
Implementations
Practice
12
Informal Economy and Privatization, The
Government and Fiscal Policy
Reading
13
Implementations
Practice
14
Economic and Finacial Crises
15
Discussion on general economics
16
Final Exam
1
Reading
Reading
Practice
Reading
Reading
Discussion
Zeynel DİNLER, İktisada Giriş, Ekin Kitabevi Yayınları, Bursa, 2005.
Erdal ÜNSAL, Mikro İktit, İmaj Yayınevi, 7. Baskı, Ankara, 2007.
Tümay ERTEK, Mikroekonomiye Giriş, Beta Basım Yayım Dağıtım, 3.Baskı,
İstanbul,2005.
Orhan TÜRKAY, İktisat Teorisine Giriş Mikroiktisat, İmaj Yayınevi, 18.Baskı,
Ankara, 2008.
Ahmet Şahinöz, Türkiye Ekonomisi Sektörel Analiz, İmaj Yayıncılık, Ankara,
2001.
Nazende Özkaramete Coşkun, Türkiye Ekonomisi Yeni Yapı (2000-2008), İmaj
Yayınevi, 2009, Ankara.
James HENDERSON, Richard QUANT, Mikro İktisat Matematiksel Bir Yaklaşım,
Gazi Kitabevi, Ankara, 1998.
Karl CASE, Ray FAIR, Principles of Economics, Prentice Hall Int., 2005.
ASSESSMENT
Term (or Year) Learning Activities
Weight, %
Midterm Exam
100
TOTAL
100
Contribution of Term (Year) Learning Activities to Success Grade
40
Contribution of Final Exam to Success Grade
60
100
TOTAL
Planned Learning Activities, Teaching Methods, Evaluation Methods and Student Workload
Activities
Quantity
Duration
(hour)
Total Work Load
(hour)
16
3
48
8
3
24
7
1
7
Homework Assignments
7
1
7
Mid-Terms
a)Exam
b) Student’s preparation
1
10
2
2
2
20
Final
a)Exam
b) Student’s preparation
1
20
2
2
2
40
TOTAL
70
16
150
Course hours
Lab
Application
Special Course Internship
Field Work
Study hours out of class
Presentations/ Seminar
Project
ECTS Credits
150/30=5 ECTS
Contribution of Learning Outcomes to Programme Outcomes*
Programme Outcomes
Learning
Outcomes
PO
1
LO1
5
LO2
4
LO3
PO
2
PO
3
PO
4
4
PO
6
PO
7
PO
8
2
5
5
4
5
4
4
5
LO4
PO
5
PO
9
PO
10
PO
11
PO
12
PO
13
PO
14
PO
15
PO
16
PO
17
PO
18
4
4
5
LO5
5
LO6
LO7
LO8
PO
19
5
4
4
4
4
*Contribution Level:
3
3
3
1 Very Low
4
2 Low
4
3 Medium
3
4 High
3
5 Very High