Theory of Economics (ISLE503) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Theory of Economics ISLE503 Area Elective 3 0 0 3 5
Pre-requisite Course(s)
N/A
Course Language Turkish
Course Type Compulsory Departmental Courses
Course Level Social Sciences Master's Degree
Mode of Delivery Distance
Learning and Teaching Strategies Lecture, Discussion, Question and Answer.
Course Coordinator
Course Lecturer(s)
Course Assistants
Course Objectives The aim of this course is to teach system, concept and methodology of economics, to be able to analyze economic system, to be gained skills of analyze and evaluate Turkish economic system
Course Learning Outcomes The students who succeeded in this course;
  • Knowing system, concept of metodology of economics
  • Being able to analyze economics
  • Interpreting basic economic indicators
  • Evaluating local and global economic relations
Course Content Supply and demand, consumer producer surplus, market response, elasticity, taxes, decision making, rational consumer, production decision, market structure.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 Economics: Terms and Definitions Related chapters of the course book
2 Required Analytic and Statistical Methods for Economy The relevant chapters of the course book
3 Demand, Consumer Choice and Information The relevant chapters of the course book
4 Supply, Demand and Elacticity The relevant chapters of the course book
5 Supply, Demand and Elacticity The related chapters of the course book
6 Production, Costs and Firm Behavior Related chapters of the course book
7 Production, Costs and Firm Behavior Related chapters of the course book
8 Mid-Term Exam
9 Goods and Factor Markets Related chapters of the course book
10 Goods and Factor Markets Related chapters of the course book
11 Scope of Macroeconomics and Basic Macroeconomic Variables Related chapters of the course book
12 Calculation of Gross Domestic Product Related chapters of the course book
13 Money and Banking Related chapters of the course book
14 Total Demand-Total Supply Analysis and Policy Applications Related chapters of the course book
15 General Review Before Exam
16 Final Exam

Sources

Course Book 1. Erdal Ünsal (2016) İktisada Giriş
2. İlker Parasız ve Mustafa Özer (2015) İktisadın Temelleri

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation - -
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments 1 25
Presentation - -
Project - -
Report - -
Seminar - -
Midterms Exams/Midterms Jury 1 35
Final Exam/Final Jury 1 40
Toplam 3 100
Percentage of Semester Work
Percentage of Final Work 100
Total 100

Course Category

Core Courses X
Major Area Courses
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

# Program Qualifications / Competencies Level of Contribution
1 2 3 4 5
1 1. To be able to combine and use the knowledge of their own undergraduate program with the knowledge of business administration. X
2 2. To have knowledge about research methods and techniques and to be able to use them X
3 3. To be able to produce creative and constructive solutions in cases of uncertainty and confusion in the field of business X
4 4. To be able to comprehend the basic concepts and basic functions of business administration at the level of expertise. X
5 5. To be able to plan and manage activities for the professional development of employees under his/her responsibility in professional activities and projects in his/her field. X
6 6. To be able to produce innovative and creative ideas and to put these ideas into practice. X
7 7. To be able to carry out a study independently by using the knowledge he has in the field of business administration and to take responsibility as a team member in cooperation with other professional groups working in this field. X
8 8. To have the knowledge of reaching scientific knowledge in the field of business, monitoring, evaluating and applying the current literature. X
9 9. To be able to transfer information about the field of business using effective verbal, written and visual communication methods in the language of learning and professional English. X
10 10. To be aware of professional ethics, environmental awareness, sustainability, social responsibility, cultural, social and universal values. X
11 11. To be able to work effectively with different disciplines or multicultural teams, to take responsibility, to make risk analysis, to keep up with change, to think critically and to use initiative in problem solving. X

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours) 16 3 48
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class 14 2 28
Presentation/Seminar Prepration
Project
Report
Homework Assignments 1 15 15
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury 1 15 15
Prepration of Final Exams/Final Jury 1 20 20
Total Workload 126