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GENERAL ECONOMY PROGRAMME COURSE DESCRIPTION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
GSY107 GENERAL ECONOMY 7 3 3 5

GENERAL INFORMATION

Language of Instruction : Turkish
Level of the Course Unit : BACHELOR'S DEGREE, TYY: + 6.Level, EQF-LLL: 6.Level, QF-EHEA: First Cycle
Type of the Course : Elective
Mode of Delivery of the Course Unit -
Coordinator of the Course Unit Assist.Prof. PARVIN HEIDARI
Instructor(s) of the Course Unit
Course Prerequisite No

OBJECTIVES AND CONTENTS

Objectives of the Course Unit: The main object is microeconomic analysis of cases and to give a general paradigm of current issues related to Turkey and the World Economy.
Contents of the Course Unit: Definition of Economics, Comprehension, Key Issues related to the consumer and producer behavior, Market Structures, Equilibrium, Factor Markets

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)

To understand the basic properties of the economy
Analyzing the behaviour of consumers and producers
To analyze the changes in the market equilibrium

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY

Week Preparatory Topics(Subjects) Method
1 İKTİSADA GİRİŞ Prof. Dr. Osman Z. ORHAN – Doç. Dr. Seyfettin ERDOĞAN Definition of Economics, Nature of Economic Activity, Economic Activity Types, Economic Activity Analysis, Major Issues of Economics, Economic Systems, Price Mechanism Ders anlatımı
2 İKTİSADA GİRİŞ Prof. Dr. Osman Z. ORHAN – Doç. Dr. Seyfettin ERDOĞAN Price Elasticity of Demand, Point Elasticity, Arc Elasticity, Cross-Elasticity, Income Elasticity, Supply, Supply Function, Supply Curve Ders anlatımı
3 İKTİSADA GİRİŞ Prof. Dr. Osman Z. ORHAN – Doç. Dr. Seyfettin ERDOĞAN Elasticity of Supply, Equilibrium, Ders anlatımı
4 İKTİSADA GİRİŞ Prof. Dr. Osman Z. ORHAN – Doç. Dr. Seyfettin ERDOĞAN Consumer and Producer Surplus, Black Market Price, King Law, Cobwell Ders anlatımı
5 İKTİSADA GİRİŞ Prof. Dr. Osman Z. ORHAN – Doç. Dr. Seyfettin ERDOĞAN Cardinal Utility, Utility, Total Utility, Marginal Utility, Ordinal Utility, Indifference Curve, Budget Curve Ders anlatımı
6 İKTİSADA GİRİŞ Prof. Dr. Osman Z. ORHAN – Doç. Dr. Seyfettin ERDOĞAN Factor of Production, Production Function, Law of Diminishing Return, Isoproduct Curve, Producer Equilibrium, Ders anlatımı
7 İKTİSADA GİRİŞ Prof. Dr. Osman Z. ORHAN – Doç. Dr. Seyfettin ERDOĞAN Perfect Competition, Perfect Competition Conditions, Firm's Revenues, Short & Long Term Firm Equilibrium, Monopoly Ders anlatımı
8 - MID-TERM EXAM -
9 İKTİSADA GİRİŞ Prof. Dr. Osman Z. ORHAN – Doç. Dr. Seyfettin ERDOĞAN Revenues under Monopoly, Equilibrium under Monopoly, Price under Monopoly, Monopsony, Dual Monopoly, Bilateral Monopoly -
10 İKTİSADA GİRİŞ Prof. Dr. Osman Z. ORHAN – Doç. Dr. Seyfettin ERDOĞAN Duopoly, Oligopoly, Cartels, Monopolistic Competition Ders anlatımı
11 İKTİSADA GİRİŞ Prof. Dr. Osman Z. ORHAN – Doç. Dr. Seyfettin ERDOĞAN Demand of Factor, Factors of Affecting Using Decision, Factor Supply, Price in the Factor Market Ders anlatımı
12 İKTİSADA GİRİŞ Prof. Dr. Osman Z. ORHAN – Doç. Dr. Seyfettin ERDOĞAN Equilibrium under Perfect Competition, Equilibrium under Monopsony, Equilibrium under Monopoly, Equilibrium under Bilateral Monopoly, Wages and Labour Supply Ders anlatımı
13 İKTİSADA GİRİŞ Prof. Dr. Osman Z. ORHAN – Doç. Dr. Seyfettin ERDOĞAN Determination of Wage under Perfect Competition, Monopsony & Bilateral Monopoly in the Labour Market, Hicks Analysis, Causes of Wage Differances, Minimum Wages Ders anlatımı
14 İKTİSADA GİRİŞ Prof. Dr. Osman Z. ORHAN – Doç. Dr. Seyfettin ERDOĞAN Capital, Supply for Capital, Demand for Capital, Capital Accumulation, Interest Rates, Theories of Interest Rates, Determination of Intereset Rates Ders anlatımı
15 İKTİSADA GİRİŞ Prof. Dr. Osman Z. ORHAN – Doç. Dr. Seyfettin ERDOĞAN Rent, Entreprenuer, Theories of Profit, Distribution of Income, Lorenz Curve, Gini Coefficient Ders anlatımı
16 - FINAL EXAM -
17 - FINAL EXAM -

SOURCE MATERIALS & RECOMMENDED READING

Düzgün, R. (2015). Genel Ekonomi. İstanbul: Seçkin Publishing.
Erdoğan, S. ve Osman Z. Orhan. (2015). İktisada Giriş. İstanbul: Umuttepe Publications.

ASSESSMENT

Assessment & Grading of In-Term Activities Number of Activities Degree of Contribution (%) Description
Level of Contribution
0 1 2 3 4 5

CONTRIBUTION OF THE COURSE UNIT TO THE PROGRAMME LEARNING OUTCOMES

KNOWLEDGE

Theoretical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Students will be able to use the knowledge about subjects like art, environment and cultural history in their professional life and daily life
0

KNOWLEDGE

Factual

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Students will be able to define the basic concepts of design principles in interior architecture and environmental design
0

SKILLS

Cognitive

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Students will be able to analyze by leading national and international project and cost management and processes in interdisciplinary work with internal and external labor market (public private sector and voluntary organizations)
3

SKILLS

Practical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Students will be able to use drawing methods and techniques (CAD, 3D max and visual expression programs and freehand drawing) in their design work.
0
2
By taking responsibility within individual or group, students will be able to apply interior design principles and skills learned in the interior and surroundings.
0

OCCUPATIONAL

Autonomy & Responsibility

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Students will be able to organize interior architecture and exterior design application and technical equipment projects in interdisciplinary cooperation with different professional fields.
0

OCCUPATIONAL

Learning to Learn

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Students will be able to analyze possible problems and different regulations in interior and nearby environmental planning areas, by adopting the principle of lifelong learning, with social, cultural, innovative, sustainable and open to be develop ideas and solutions.
2

OCCUPATIONAL

Communication & Social

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
The Interior Architecture and Environmental design program graduates will be able to organize enviromental , sustainable projects and activities in the social dimension within the scope of their social responsibilities in their field studies.
0
2
Students will be able to explain himself/herself in writing and speaking in Turkish and at least one foreign language in order to cooperate with related persons and institutions.
0

OCCUPATIONAL

Occupational and/or Vocational

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
The graduates of Interior Architecture and Environmental Design program will be able to design, application oriented sustainable, interchangeable and innovative interior architecture and environmental design projects in their professional lives by considering the life of the community.
1
2
Interior Architecture and Environmental Design graduates will be able to develop recommendations on the design-application projects of interiors social and nearby environments and project-cost management by using professional code of conduct, criteria and standards in accordance with legal frameworks.
1
3
Students will be able to organize interior architecture and environmental design projects with local, regional, national and cultural sensitivity and ethical values interdisciplinary studies in cooperation.
0

WORKLOAD & ECTS CREDITS OF THE COURSE UNIT

Workload for Learning & Teaching Activities

Type of the Learning Activites Learning Activities (# of week) Duration (hours, h) Workload (h)
Lecture & In-Class Activities 14 3 42
Preliminary & Further Study 10 4 40
Land Surveying 0 0 0
Group Work 0 0 0
Laboratory 0 0 0
Reading 8 3 24
Assignment (Homework) 1 10 10
Project Work 0 0 0
Seminar 0 0 0
Internship 0 0 0
Technical Visit 0 0 0
Web Based Learning 0 0 0
Implementation/Application/Practice 0 0 0
Practice at a workplace 0 0 0
Occupational Activity 0 0 0
Social Activity 0 0 0
Thesis Work 0 0 0
Field Study 0 0 0
Report Writing 0 0 0
Final Exam 1 1 1
Preparation for the Final Exam 6 4 24
Mid-Term Exam 1 1 1
Preparation for the Mid-Term Exam 6 2 12
Short Exam 0 0 0
Preparation for the Short Exam 0 0 0
TOTAL 47 0 154
Total Workload of the Course Unit 154
Workload (h) / 25.5 6
ECTS Credits allocated for the Course Unit 6,0