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INTRODUCTION TO ECONOMICS COURSE IDENTIFICATION AND APPLICATION INFORMATION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
UTI101 INTRODUCTION TO ECONOMICS 3 3 3 5

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY

Week Preparatory Topics(Subjects) Method
1 Literature Review Definition of economics, supply and demand relation, the factors affecting supply and demand Lecture
2 Literature Review Production Possibilities Frontier and Economic Systems Lecture
3 Literature Review Supply, Demand and Market Equilibrium Lecture
4 Literature Review Economic Efficiency in Perfectly Competitive Market Lecture
5 Literature Review Consumer Equilibrium and Demand Lecture
6 Literature Review Demand Elasticities Lecture
7 Literature Review Production Technology Lecture
8 - MID-TERM EXAM -
9 Literature Review Production Costs; Production and Pricing in Perfect Competition Lecture
10 Literature Review Measuring the Output; Inflation; Unemployment Lecture
11 Literature Review Planned Expenditure and Equilibrium in Goods Market Lecture
12 Literature Review Equilibrium in Goods and Money Markets: IS-LM Model Lecture
13 Literature Review Aggregate Demand and Aggregate Supply: Macroeconomic Equilibrium Lecture
14 Literature Review Macroeconomy in Open Economy Lecture
15 Literature Review The Level of Output and Price in the Long-run: Classical Macroeconomic Model Lecture
16 - FINAL EXAM -
17 - FINAL EXAM -