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COURSE INFORMATION
Course CodeCourse TitleL+P HourSemesterECTS
SER 104INTRODUCTION TO ECONOMICS I4 + 01st Semester5

COURSE DESCRIPTION
Course Level Bachelor's Degree
Course Type Compulsory
Course Objective To develop basic economical knowledge, concepts and analysis capabilities in the financial fields like Banking, Insurence, Capital Markets and Actuary
Course Content The main aim of this lesson is the need for determining the distribution of economic resources, goods and services, especially a choice for which ones, how and in which quantity they will be produced and distributed to. In this concept, this lesson considers to teach most important concepts of economy as an intoduction, the basics of theories and some application examples. And also in this lesson, stutents will also learn in what ways the society maximizes their utility. Economics Concept, Economic Activities, Economic Analysis, Goods Market, Demand Concepts Market Demand, The Supply Concept, Market Supply, Market Equilibrium, Demand Elasticity Supply Elasticity, Producer and Consumer Surplus, Black Market Surplus King Rule, Cobweb Theorem, Demand Analysis Supply Analysis, Supply Analysis, The Change in The Producer Budget and Expansion Paths, Production Costs, Short Run and Long Run Cost Curves, Economies of Scale, Market Equilibrium, Market Forms, Perfect Competition Market Conditions, Monopoly Market Conditions, Price Discrimination in Monopoly, Imperfect Competition Markets, Oligopoly Markets and Monopolist Competititon Markets will be discussed as the main topics during the semester
Prerequisites No the prerequisite of lesson.
Corequisite No the corequisite of lesson.
Mode of Delivery Face to Face

COURSE LEARNING OUTCOMES
1Explains theoretical knowledge by numerical examples and empower analytic thinking structure
2By the help of the lesson, the students that obtained basic theoretical knowledge in economic dimension can observe national and international general economic developments, evaluate indicators and inference
3Gives opportunity to decide insufficient resources which are used to fill infinite needs of community and raise the level of welfare rationally
4Helps to apply the basic knowledge of economy which was learned in business life by associating them
5Gives opportunity to have a job in areas which require economic knowledge specialization

COURSE'S CONTRIBUTION TO PROGRAM
PO 01PO 02PO 03PO 04PO 05PO 06PO 07PO 08PO 09PO 10
LO 00123455 5 33
LO 00232355 3 33
LO 003 1 25     
LO 00434325 1  4
LO 005545       
Sub Total1314151420 9 610
Contribution3333402012

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
ActivitiesQuantityDuration (Hour)Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)14456
Hours for off-the-classroom study (Pre-study, practice)14456
Mid-terms188
Final examination11010
Total Work Load

ECTS Credit of the Course






130

5
COURSE DETAILS
 Select Year   


 Course TermNoInstructors
Details 2020-2021 Fall1ERTÜRK ALPTEKİN


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Course Details
Course Code Course Title L+P Hour Course Code Language Of Instruction Course Semester
SER 104 INTRODUCTION TO ECONOMICS I 4 + 0 1 Turkish 2020-2021 Fall
Course Coordinator  E-Mail  Phone Number  Course Location Attendance
UBYO A0018 %70
Goals To develop basic economical knowledge, concepts and analysis capabilities in the financial fields like Banking, Insurence, Capital Markets and Actuary
Content The main aim of this lesson is the need for determining the distribution of economic resources, goods and services, especially a choice for which ones, how and in which quantity they will be produced and distributed to. In this concept, this lesson considers to teach most important concepts of economy as an intoduction, the basics of theories and some application examples. And also in this lesson, stutents will also learn in what ways the society maximizes their utility. Economics Concept, Economic Activities, Economic Analysis, Goods Market, Demand Concepts Market Demand, The Supply Concept, Market Supply, Market Equilibrium, Demand Elasticity Supply Elasticity, Producer and Consumer Surplus, Black Market Surplus King Rule, Cobweb Theorem, Demand Analysis Supply Analysis, Supply Analysis, The Change in The Producer Budget and Expansion Paths, Production Costs, Short Run and Long Run Cost Curves, Economies of Scale, Market Equilibrium, Market Forms, Perfect Competition Market Conditions, Monopoly Market Conditions, Price Discrimination in Monopoly, Imperfect Competition Markets, Oligopoly Markets and Monopolist Competititon Markets will be discussed as the main topics during the semester
Topics
WeeksTopics
1 Basic concepts of economics
2 Economics systems
3 Market and price
4 Demand
5 Supply
6 Markets
7 Equilibrium price
8 Elasticity of demand and supply
9 mid-term exam
10 Incidence of tax
11 Consumer behavior
12 Producer behavior
13 Firm theories
14 Factors' price
Materials
Materials are not specified.
Resources
ResourcesResources Language
Genel Ekonomi; Kenan ÇELİKTürkçe
Course Assessment
Assesment MethodsPercentage (%)Assesment Methods Title
Final Exam60Final Exam
Midterm Exam40Midterm Exam
L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes