PAÜ .:. Eğitim Öğretim Bilgi Sistemi

COURSE INFORMATION

Course Code	Course Title	L+P Hour	Semester	ECTS
IENG 104	GENERAL ECONOMICS FOR ENGINEERS	2 + 0	7th Semester	3

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 the prerequisite of lesson.
Corequisite	No the corequisite of lesson.
Mode of Delivery	Face to Face

COURSE LEARNING OUTCOMES

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

COURSE'S CONTRIBUTION TO PROGRAM

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION

Activities	Quantity	Duration (Hour)	Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)	14	2	28
Hours for off-the-classroom study (Pre-study, practice)	12	3	36
Mid-terms	1	4	4
Final examination	1	10	10
Total Work Load ECTS Credit of the Course			78 3

COURSE DETAILS

Select Year

Course Details

Course Code	Course Title	L+P Hour	Course Code	Language Of Instruction	Course Semester
IENG 104	GENERAL ECONOMICS FOR ENGINEERS	2 + 0	2	Turkish	2020-2021 Spring

Course Coordinator	E-Mail	Phone Number	Course Location	Attendance
Lecturer BEYTULLAH YILMAZ	byilmaz@pau.edu.tr		MUH A0197 MUH A0233	%60

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.

Topics

Weeks	Topics
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

Resources	Resources 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 PPT	Türkçe

Course Assessment

Assesment Methods	Percentage (%)	Assesment Methods Title
Final Exam	50	Final Exam
Midterm Exam	50	Midterm Exam

L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes

Prospective Student