Lesson plan / INTRODUCTION TO ECONOMICS

Lesson Information

Course Credit 2.0
Course ECTS Credit 5.0
Teaching Language of Instruction İngilizce
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
Instructor (s) Prof. Dr. MUSTAFA NAFİZ DURU
Course Assistant

Purpose and Content

The aim of the course Provide students with a basic understanding of economic reasoning; basic concepts and processes in microeconomics. The students will learn the behavior of individual households, firms and industries and how these entities interact.
Course Content Cover topics on basic principles of economics, how markets work, markets and welfare, the economics of the public sector, firm behavior and organization of the industry, the factors market and consumer choice.

Weekly Course Subjects

1Fundamentals of Economics
2Markets and Government in a Modern Economy
3Supply and Demand
4Demand and Consumer Behaviour
5Production and Business Organization
6Analysis of Perfectly Competitive Markets
7Imperfect Competition and Monopoly
8Oligopoly and Monopolistic Competition
9Midterm exam
10Labor and Capital Markets
11Comparative Advantage of Protectionism
12Government Taxation and Expenditure
13Protecting Environment
14Efficiency and equality

Resources

Principles of Economics, Gregory Mankiw, Published by South Western, 2007.