Lesson plan / INTRODUCTION TO ECONOMICS-I

Lesson Information

Course Credit 3.0
Course ECTS Credit 6.0
Teaching Language of Instruction Türkçe
Level of Course Bachelor's Degree, TYYÇ: Level 6, EQF-LLL: Level 6, QF-EHEA: First Cycle
Type of Course Compulsory
Mode of Delivery Face-to-face
Does the course require compulsory or optional work experience? Z
Course Coordinator Assist. Prof. Dr. FELOR EBGHAEI
Instructor (s)
Course Assistant

Purpose and Content

The aim of the course The goal of this fundamental course is to present to students the basic economic concepts. The students comprehend the relations between households, firms and industries.
Course Content The contents of the course is constituted by topics on the principles of economics, markets and how they operate, markets and welfare, economics and the public sector, firm behavior and industrial organization, factors market and consumer preferences.

Weekly Course Subjects

1Introduction and Basic Concepts
2Price Mechanism-Demand
3Supply - Market Equilibrium
4Demand elasticity and varieties, demand shift and marginal utility
5Shift of the supply curve, budget line, indifference curves
6Consumer Balance, Producer Balance, Equal Cost Line
7Production Function
8Short and long term production costs
9Midterm exam
10Firms in Competitive Markets
11Monopoly, Monopolistic Competition
12Oligopoly
13Duapol, Cartel, Trust
14Base and Maximum Prices

Resources

1.) Zeynel DİNLER, İktisada Giriş, Bursa: Ekin Kitapevi, 2016.
2.) Osman Z. ORHAN ve Seyfettin ERDOĞAN, İktisada Giriş, Kocaeli: Umuttepe Yayınları, 2013.
3.) Ali Özgüven, İktisat Bilimine, İstanbul: Filiz Kitapevi, 2012.
4.) Gregory Mankiw, Principles of Economics, Published by South Western, 2007.
5.) Stephen DOBSON, Introduction To Economics, Oxford University Press, 2004.