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COURSE INFORMATION
Course CodeCourse TitleL+P HourSemesterECTS
EKON 101INTRUDUCTION TO ECONOMICS - I3 + 01st Semester4

COURSE DESCRIPTION
Course Level Bachelor's Degree
Course Type Compulsory
Course Objective The course aims to introduce students to the fundamental concepts in economics and to provide a way of understanding how the economic units such as firms and households decide to allocate their limited resources among alternatives uses to maximize their profits and utilities.
Course Content Demand, Supply, Price and Income, Cost and Production, Competitive Markets, Monopoly, Imperfect Markets, Production Factor Markets, Welfare Economics, General Equilibrium topics are explained. .
Prerequisites No the prerequisite of lesson.
Corequisite No the corequisite of lesson.
Mode of Delivery Face to Face

COURSE LEARNING OUTCOMES
1By using basic economic concepts such as production, cost, revenue, marginal utility, budged constraint it explains and interprets utility and profit maximization
2Identify causes for changes in supply and demand for goods and predict the consequences of the changes on market outcomes.
3Demonstrate an understanding of economic theories of households and firms behavior, which it is a necessary for understanding of a society.
4Identify different markets such as perfect competitive , oligopoly, monopoly markets and the behavior of firms in those markets.
5Recognize and analyze the society choices.
6Locate, use and interpret economic data for industry analyzes.
7Identify the optimal time for a firm to enter and to exist the industry.
8Use the knowledge of microeconomic concepts to maximize profit and/or minimize cost.

COURSE'S CONTRIBUTION TO PROGRAM
PO 01PO 02PO 03PO 04PO 05PO 06PO 07PO 08PO 09PO 10PO 11PO 12PO 13PO 14
LO 001   333    33  
LO 002   333    33  
LO 003   333    33  
LO 004   333    33  
LO 005   333    33  
LO 006   333    33  
LO 007   333    33  
LO 008   333    33  
Sub Total   242424    2424  
Contribution00033300003300

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
ActivitiesQuantityDuration (Hour)Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)13226
Hours for off-the-classroom study (Pre-study, practice)13226
Mid-terms21326
Final examination21326
Total Work Load

ECTS Credit of the Course






104

4
COURSE DETAILS
 Select Year   


 Course TermNoInstructors
Details 2019-2020 Fall14CEMİL ÇİFTÇİ


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Course Details
Course Code Course Title L+P Hour Course Code Language Of Instruction Course Semester
EKON 101 INTRUDUCTION TO ECONOMICS - I 3 + 0 14 Turkish 2019-2020 Fall
Course Coordinator  E-Mail  Phone Number  Course Location Attendance
Prof. Dr. CEMİL ÇİFTÇİ cemilc@pau.edu.tr İİBF C0105 %70
Goals The course aims to introduce students to the fundamental concepts in economics and to provide a way of understanding how the economic units such as firms and households decide to allocate their limited resources among alternatives uses to maximize their profits and utilities.
Content Demand, Supply, Price and Income, Cost and Production, Competitive Markets, Monopoly, Imperfect Markets, Production Factor Markets, Welfare Economics, General Equilibrium topics are explained. .
Topics
WeeksTopics
1 Method and Scope of Economics
2 Economics Problem:Scarcity and Choice
3 Supply and Demand Equilibrium
4 Supply and Demand implementing and elasticity
5 Household behavior and consumer choice
6 Production Process: Firms' behavior of profit maximization
7 Short run cost and production decision
8 Midterm
9 Long run cost and production decision
10 Input Demand
11 General Equilibrium, Icome Distribution and Asymteric information
12 Monopoly and Antitrust policy
13 Oligopoly and Monopolistic Competition
14 Externalities, Public Goods and Social Choices
Materials
Materials are not specified.
Resources
ResourcesResources Language
Zeynel Dinler, İktisada Giriş, Ekin Kitapevi, 2013Türkçe
Ertek, Tümay (2008), Temel Ekonomi, Beta yay. Türkçe
Parasız, İlker, İktisada Giriş, Ezgi yayTürkçe
Zeynel Dinler, İktisada Giriş, Ekin Kitapevi, 2013Türkçe
Ertek, Tümay (2008), Temel Ekonomi, Beta yay. Türkçe
Parasız, İlker, İktisada Giriş, Ezgi yayTürkçe
Ekonominin İlkeleri Case&Fair&OsterTürkçe
İktisada Giriş Zeynel DinlerTürkçe
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