| Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | | 20150102003106 | INTRODUCTION TO ECONOMICS | Elective | 2 | 3 | 4 |
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| Level of Course Unit |
| First Cycle |
| Objectives of the Course |
| The course aims to provide students a basic economic understanding on microeconomic concepts and the relation between households, firms and the government. The students will learn how to make analysis and conclusions about the economic behaviour. |
| Name of Lecturer(s) |
| İlgili Öğretim Üyesi |
| Learning Outcomes |
| 1 | Student is able use basic economical concepts | | 2 | Student is able to analyze economical deciding process of consumers | | 3 | Student is able to critisize market concept in real life | | 4 | Student is able to analyze the rational deciding process of enterprises | | 5 | Student will be able to categorize market types | | 6 | Student critizise consumer equilibrium level of national income formation | | 7 | Student able to use money, for economic growth and basic elements of the systems. |
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| Mode of Delivery |
| Daytime Class |
| Prerequisites and co-requisities |
| None |
| Recommended Optional Programme Components |
| None |
| Course Contents |
| The course includes the definitions, terminology and principles of economics, schools, interdependence and trade, markets, supply and demand, elasticity, government policies and control mechanisms, efficiency of markets, the economics of public sector, firm behaviour and organisation of industry, the theory of consumer choice, monetary system, growth and inflation. |
| Weekly Detailed Course Contents |
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| 1 | Introduction to Economics | | | | 2 | Economic Models | | | | 3 | Interdependence and Trade | | | | 4 | Supply and Demand | | | | 5 | Elasticity and Its Applications | | | | 6 | Markets and Welfare | | | | 7 | International Trade | | | | 8 | Midterm exam | | | | 9 | Competitive Markets | | | | 10 | Monopoly & Oligopoly | | | | 11 | Markets for Production Factors | | | | 12 | The Theory of Consumer Choice | | | | 13 | Homework presentations | | | | 14 | Homework presentations | | |
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| Recommended or Required Reading |
| Mankiw, N. G., Principles of Macroeconomics, Harcourt College Publishers, Sixth Edition,2012.
Welch and Welch, ECONOMICS Theory and Practice, John Wiley and Sons, Inc., Ninth Edition, 2010 |
| Planned Learning Activities and Teaching Methods |
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| Assessment Methods and Criteria | |
| Midterm Examination | 1 | 100 | | SUM | 100 | |
| Final Examination | 1 | 100 | | SUM | 100 | | Term (or Year) Learning Activities | 40 | | End Of Term (or Year) Learning Activities | 60 | | SUM | 100 |
| | Language of Instruction | | Turkish | | Work Placement(s) | | None |
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| Workload Calculation |
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| Midterm Examination | 1 | 1 | 1 |
| Final Examination | 1 | 2 | 2 |
| Self Study | 14 | 7 | 98 |
| Individual Study for Mid term Examination | 1 | 8 | 8 |
| Individual Study for Final Examination | 1 | 11 | 11 |
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| Contribution of Learning Outcomes to Programme Outcomes |
| LO1 | 5 | 4 | 3 | 5 | 3 | 4 | 5 | 4 | 3 | 4 | 5 | | LO2 | 3 | 3 | 5 | 4 | 5 | 3 | 3 | 5 | 5 | 3 | 5 | | LO3 | 4 | 5 | 4 | 3 | 5 | 4 | 3 | 4 | 4 | 4 | 4 | | LO4 | 3 | 3 | 4 | 4 | 3 | 5 | 4 | 3 | 5 | 4 | 4 | | LO5 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 5 | 3 | 5 | 3 | | LO6 | 4 | 5 | 5 | 4 | 3 | 5 | 3 | 3 | 4 | 5 | 3 | | LO7 | 3 | 3 | 3 | 5 | 5 | 4 | 4 | 4 | 3 | 4 | 5 |
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| * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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Iğdır University, Iğdır / TURKEY • Tel (pbx): +90 476
226 13 14 • e-mail: info@igdir.edu.tr
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