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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
UTI101E INTRODUCTION TO ECONOMICS 4 3 3 6

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY

Week Preparatory Topics(Subjects) Method
1 - Definition of economics, supply and demand relation, the factors affecting supply and demand -
2 - Demand elasticity and its kinds, demand shift -
3 - Marginal utility -
4 - Supply shift, budget line, indifference curves -
5 - Consumer equilibrium, producer equilibrium, isocost lines -
6 - Production function -
7 - Short and long term production costs -
8 - MID-TERM EXAM -
9 - Perfect competitive markets -
10 - Monopoly and monopoly competition -
11 - Oligopoly -
12 - Duopoly, Cartel, Trusts -
13 - Ceiling and lowest prices -
14 - Game Theory -
15 - General equilibrium -
16 - FINAL EXAM -
17 - FINAL EXAM -