COURSE INFORMATION
Course CodeCourse TitleL+P HourSemesterECTS
IENG 104GENERAL ECONOMICS FOR ENGINEERS2 + 08th Semester3

COURSE DESCRIPTION
Course Level Bachelor's Degree
Course Type Elective
Course Objective The goal of this course is to provide the student with a balanced introduction to economics which will be used as a foundation for further work. The course is divided in two parts: Microeconomics and Macroeconomics. In the first part, students will increase their knowledge in Microeconomics and will be able to make formal analysis of consumer and company behaviors. In the second part, student will better understand Macroeconomic behaviors and become familiar with various common macroeconomic variables such as GNP, inflation rate, unemployment rate.
Course Content Microeconomics: Markets, the concepts of Demand and Supply, Elasticity, Market Equilibrium, Cost Analysis, Break Even Analysis Macroeconomics: Gross National Products, National Income, Economic Growth, Inflation, Unemployment, Money and Money Supply.
Prerequisites No prerequisites.
Corequisite No corequisites.
Mode of Delivery Face to face

COURSE LEARNING OUTCOMES
1Introduction to economics
2The concepts of demand and supply and market equilibrium
3Learning to calculate the elasticity of demand and supply
4The concepts of marginal utility and consumer equilibrium
5Introduction to cost analysis of manufacturing
6Learning types of markets and their structures
7Become familiar with various common macroeconomic variables
8Become familiar with main macroeconomic problems

COURSE'S CONTRIBUTION TO PROGRAM
PO 01PO 02PO 03PO 04PO 05PO 06PO 07PO 08PO 09PO 10PO 11
LO 0143544432543
LO 0215434544355
LO 0343544432543
LO 0443544432543
LO 0543544432543
LO 0643544432543
LO 0743544432543
LO 0843544432543
Sub Total2926393132332518383326
Contribution43544432543

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
ActivitiesQuantityDuration (Hour)Total Work Load (Hour)
Course Duration14228
Hours for off-the-classroom study (Pre-study, practice)14228
Assignments428
Mid-terms177
Final examination177
Total Work Load

ECTS Credit of the Course






78

3

COURSE DETAILS
 Select Year   


 Course TermNoInstructors
Details 2020-2021 Fall1BEYTULLAH YILMAZ

Course Details
Course Code:  IENG 104 Course Title:  GENERAL ECONOMICS FOR ENGINEERS
L+P Hour : 2 + 0   Course Code : 1   Language Of Instruction: Turkish Course Semester :  2020-2021 Fall
Course Coordinator :  LECTURER BEYTULLAH YILMAZ E-Mail:  byilmaz@pau.edu.tr, Phone Number :  7138600 153, 2123788 1207,
Course Location TEK A0006,
Goals : The goal of this course is to provide the student with a balanced introduction to economics which will be used as a foundation for further work. The course is divided in two parts: Microeconomics and Macroeconomics. In the first part, students will increase their knowledge in Microeconomics and will be able to make formal analysis of consumer and company behaviors. In the second part, student will better understand Macroeconomic behaviors and become familiar with various common macroeconomic variables such as GNP, inflation rate, unemployment rate.
Content : Microeconomics: Markets, the concepts of Demand and Supply, Elasticity, Market Equilibrium, Cost Analysis, Break Even Analysis Macroeconomics: Gross National Products, National Income, Economic Growth, Inflation, Unemployment, Money and Money Supply.
Attendance : %60
Topics
WeeksTopics
1 Basic economic concepts will be explained.
2 Basic economic concepts will be explained.
3 Production factors, Consumption, Benefit (Total and Marginal Utility) and Value will be explained.
4 Supply, Demand and Market Equilibrium will be explained.
5 Supply and Demand Practices (Rent, King's Law etc.) will be explained.
6 Flexibility and reflection of taxes will be explained.
7 Supply and Demand elasticities will be explained.
8 Consumer and Producer balance will be explained.
9 Production Costs and economies of scale will be explained in the short term.
10 Market Types and Perfect Competition Market will be explained.
11 Concepts related to macroeconomics (GNP, GDP, National Income, Real and Nominal Income etc.) will be explained.
12 Unemployment, types of unemployment and problems (Phillips Curve, Law of the Arrow, etc.) will be explained.
13 Inflation, Inflation Types and Types, Deflation, Stangflation, Money and Banking issues will be explained.
14 Turkey's national and international macro-economic data (export, import, growth, health, tourism, transport, education, defense, agriculture, etc.) issues will be discussed.
Materials
Materials are not specified.
Resources
ResourcesResources Language
Mikro Ekonomi, Beytullah YILMAZ, Denizli, 2010.Türkçe
Makro Ekonomi, Beytullah YILMAZ, Denizli, 2010.Türkçe
2020 yılı verilerine göre Türkiye'nin Ulusal ve Uluslararası Makro Ekonomi verileriyle ilgili 400 sayfa PPTTürkçe
Course Assessment
Assesment MethodsPercentage (%)Assesment Methods Title
Final Exam50Final Exam
Midterm Exam50Midterm Exam
L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes
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