Ders Planı

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	Distance Learning
Does the course require compulsory or optional work experience?	Z
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Purpose and Content

The aim of the course	This course examines the use of economic information and analysis in making business decisions. Topics include: modeling concepts, demand analysis and forecasting, production and cost analysis, pricing, and uncertainty.
Course Content	This course examines the use of economic information and analysis in making business decisions. Students will further develop their understanding of microeconomic analysis and its relevance to real business and develop an understanding of the scope and limitations of economic analysis in solving business problems.Topics include: modeling concepts, demand analysis and forecasting, production and cost analysis, pricing, competitive markets, imperfect competition, monopoly, monopsony, oligopolies, and uncertainty.

The aim of the course

This course examines the use of economic information and analysis in making business decisions. Topics include: modeling concepts, demand analysis and forecasting, production and cost analysis, pricing, and uncertainty.

Course Content

This course examines the use of economic information and analysis in making business decisions. Students will further develop their understanding of microeconomic analysis and its relevance to real business and develop an understanding of the scope and limitations of economic analysis in solving business problems.Topics include: modeling concepts, demand analysis and forecasting, production and cost analysis, pricing, competitive markets, imperfect competition, monopoly, monopsony, oligopolies, and uncertainty.

Learning Outcomes

Comprehend the fundamental concepts and theories of business administration science.
Comprehend the relationships between fundamental concepts and theories of business administration science.
Illustrate the theoretical frame drawn from business operations.
Comprehend the context of the underlying cases of national and international business administration.
Describe cause-effect relationships in the context of cases covered by national and international business administration cases.
Synthesize information on popular issues related to business administration.
Comprehend the role of business in the operation of global and national economic systems.
Analyze the effect and the contributions of external stakeholders to the relationships between business organizations.
Analyze comments the power and benefit relationship between internal stakeholders.
Synthesize social and technical dimensions based on the integration between business operations.
Use creative, innovative and analytical thinking skills to solve business administration problem.
Use modern methods and technologies of business administration in the business environment.
Behave as a leader or follower when necessary.
Act as a team player to operate and to make a decision in business organizations.
Analyze data about business administration issues by qualitative and quantitative techniques.
Organise the business operations with an entrepreneurial spirit.
Solve business problems quickly and effectively in the national and global competition environment and uses initiative.
Develop innovative and creative projects for industry by using the accumulation of knowledge and skills.
Keep up to date the accumulation of knowledge and skill by following developments in the economics and business administration issues.
Closely follow the developments that may occur in the business profession.
Develop the planning, organisation, operation, coordination and auditing functions of the business management.
Develop the operations to comply with the structure of a business organization.
Adopt their way of behavior that will ensure compliance with the new conditions as parallel to changes in business administration.
Communicate actively and constantly with other stakeholders in business administration profession.
Solve problems by using advanced level of information technology.
Use English language to communicate effectively and fluently.
Act in accordance with moral and ethical concepts related to business administration.
Analyze the relationships between business organization and stakeholders.
Apply the innovative and creative thinking in the business administration fields.
Become conscious intended for the universality of democracy and human rights of the business environment, organizational justice, socio-cultural values in the way of business administration, and the environmental issues.

Weekly Course Subjects

1	Course Introduction
2	Economic Decision Making
3	Economic Optimization
4	Demand and Supply
5	Consumer Demand
6	Consumer Demand
7	Demand Estimation
8	MidTerm Exam
9	Production Analysis
10	Cost Analysis
11	Cost Estimation
12	Competitive Markets Performance & Strategy in Competitive Markets
13	Monopoly and Monopsony Monopolistic Competition and Oligopoly
14	Game Theory

Resources

1.Mark Hirschey,Managerial Economics, 11th Edition, Dryden Press, 2005,

2.Alan Griffiths, Economics for Business and Management, London, Pearson, 2011.

3.Özer Öztuna, Yönetim Ekonomisi, İstanbul, Okan Üniversitesi, 2014

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Lesson Information

Purpose and Content

Learning Outcomes

Weekly Course Subjects

Resources

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