Description of Individual Course Units
Course Unit CodeCourse Unit TitleType of Course UnitYear of StudySemesterNumber of ECTS Credits
170500102101GENERAL ECONOMYCompulsory125
Level of Course Unit
First Cycle
Objectives of the Course
The aim of this course is to learn general economic information in organic agriculture.
Name of Lecturer(s)
Dr. Arş. Gör. İbrahim Hakkı KADİRHANOĞULLARI
Learning Outcomes
1Will be able to define and analyze basic economic concepts.
2"What will be produced, how and for whom?" will be able to explain the decision mechanisms required to answer the economic questions summarized as follows.
3Will be able to analyze the markets.
4Will be able to explain the differences between macroeconomics and microeconomics.
Mode of Delivery
Daytime Class
Prerequisites and co-requisities
None
Recommended Optional Programme Components
None
Course Contents
Basic concepts, Demand, supply, and price formation in a perfectly competitive market, Supply and Demand elasticities, Consumer behavior, markets and firm balances, Production theory. Definition, formation, calculation and division of national income, money, its types, functions, money supply and demand, registered money, banks, Inflation, deflation, stagflation and devaluation, Foreign trade and balance of payments, Economic systems. .
Weekly Detailed Course Contents
WeekTheoreticalPracticeLaboratory
1Subject of Economics and Basic Concepts of Economics: Scarcity, Choice, Benefit, Need, Income and Production
2Demand, Supply and Market Equilibrium
3Flexibility
4Consumer Behavior
5Firm Behavior and Production Function
6midterm
7Firm Costs, Firm Revenues, and Firm Equilibrium in a Perfect Competition Market
8Imperfect Competition Markets: Monopoly, Duopoly, Oligopoly and Monopolistic Competition Markets
9Income Distribution and Factor Markets
10Concept of National Income, National Income Calculations, Economic Growth and Cyclical Fluctuations
11Unemployment
12Unemployment
13Money and Banking System
14Inflation and Devaluation
Recommended or Required Reading
• Presentations • PDF lecture notes
Planned Learning Activities and Teaching Methods
Assessment Methods and Criteria
Term (or Year) Learning ActivitiesQuantityWeight
Midterm Examination1100
SUM100
End Of Term (or Year) Learning ActivitiesQuantityWeight
SUM0
Term (or Year) Learning Activities40
End Of Term (or Year) Learning Activities60
SUM100
Language of Instruction
Turkish
Work Placement(s)
Non
Workload Calculation
ActivitiesNumberTime (hours)Total Work Load (hours)
Midterm Examination111
Final Examination111
Attending Lectures14342
Self Study14570
Individual Study for Mid term Examination12020
Individual Study for Final Examination12020
Homework428
TOTAL WORKLOAD (hours)162
Contribution of Learning Outcomes to Programme Outcomes
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* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High
 
Iğdır University, Iğdır / TURKEY • Tel (pbx): +90 476 226 13 14 • e-mail: info@igdir.edu.tr