ECTS - Theory of Economics
Theory of Economics (ISLE503) Course Detail
| Course Name | Course Code | Season | Lecture Hours | Application Hours | Lab Hours | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| Theory of Economics | ISLE503 | General Elective | 3 | 0 | 0 | 3 | 5 |
| Pre-requisite Course(s) |
|---|
| N/A |
| Course Language | Turkish |
|---|---|
| Course Type | Elective Courses |
| Course Level | Social Sciences Master's Degree |
| Mode of Delivery | Distance |
| Learning and Teaching Strategies | Lecture, Discussion, Question and Answer. |
| Course Lecturer(s) |
|
| 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;
|
| 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 area with the knowledge of business administration. | |||||
| 2 | 2. To have information about the structure and functioning of the financial system and each financial institution. | |||||
| 3 | 3. To have information about regulations and legislation related to financial institutions | |||||
| 4 | 4. To be able to see the risks that different financial institutions are exposed to and gain the ability to produce basic solutions. | |||||
| 5 | 5. To have knowledge about basic investment strategies. | |||||
| 6 | 6. Having knowledge about research methods and techniques and being able to use them. | |||||
| 7 | 7. To have information about the institutional characteristics of emerging and developed markets and investment strategies for bonds, stocks and derivatives in these markets. | |||||
| 8 | 8. To have the ability to reach scientific knowledge in the field of business, to monitor, evaluate and apply the current literature | |||||
| 9 | 9. To be able to transfer information about the business area by using effective verbal, written and visual communication methods. | |||||
| 10 | 10. To be aware of professional ethics, environmental awareness, sustainability, social responsibility, cultural, social and universal values | |||||
| 11 | 10. To be aware of professional ethics, environmental awareness, sustainability, social responsibility, cultural, social and universal values | |||||
| 12 | 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. | |||||
| 13 | 12. To have the ability to present a research problem, to develop hypotheses, to design research and to reach a conclusion by using qualitative/quantitative methods, by making the necessary literature review, and to have the ability to publish an academic publication as a result. | |||||
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 | ||