Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
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GEK101 | GENERAL ECONOMICS | 1 | 3 | 3 | 5 |
GENERAL INFORMATION |
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Language of Instruction : | Turkish |
Level of the Course Unit : | ASSOCIATE DEGREE, TYY: + 5.Level, EQF-LLL: 5.Level, QF-EHEA: Short Cycle |
Type of the Course : | Compulsory |
Mode of Delivery of the Course Unit | - |
Coordinator of the Course Unit | Assist.Prof. DUYGU ÇELİK |
Instructor(s) of the Course Unit | Assist.Prof. ESAT DAŞDEMİR |
Course Prerequisite | No |
OBJECTIVES AND CONTENTS |
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Objectives of the Course Unit: | It is aimed to give a general paradigm regarding the World and Turkish Economy and current problems by examining the microeconomic phenomena |
Contents of the Course Unit: | Subject, Scope and History of Economics, Place of Economics among Other Sciences, Purpose of Economics, Basic Concepts of Economy: Needs, Goods and Services, Factors of Production: Nature, Labor, Capital and Entrepreneur,Production Possibilities Curve and Analysis, Utility and Value, Wealth, Income, Demand: Characteristics of Demand, Factors Affecting Demand, Law of Demand, Demand Function, Movements of the Demand Curve, The Concept of Elasticity Supply: Characteristics of Supply, Factors Influencing Supply, Law of Supply, Supply Function, Movements of the Supply Curve Market Equilibrium, Market Equilibrium and Prices in the Market Formation, Market Types, Producer and Consumer Surplus, Government Intervention in Prices, Unemployment Concept, Types of Unemployment, Applied Labor Market Policies in Combating Unemployment, Money and Bank, Concepts and Calculation of National Income, Inflation, Types of Inflation According to Causes. |
KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to) |
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Defines concepts related to economy |
Understands the concepts of supply and demand. |
Evaluates the changes in the market equilibrium. |
Understands monetary and fiscal policies. |
The macro defines variables. |
WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY |
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Week | Preparatory | Topics(Subjects) | Method |
1 | Literature Review | Basic Concepts and Economic Systems | Lecture, Question and Answer |
2 | Literature Review | Supply, Demand, Supply and Demand Applications, Market Equilibrium | Lecture, Question and Answer |
3 | Literature Review | Consumer Theory, Benefit, Value, Price and Revenues | Lecture, Question and Answer |
4 | Literature Review | Producer Theory, Production Function and Cost Analysis | Lecture, Question and Answer |
5 | Literature Review | Elasticity | Lecture, Question and Answer |
6 | Literature Review | Perfect Competition Market and Imperfect Competition Markets | Lecture, Question and Answer |
7 | Literature Review | Repetition | Lecture, Question and Answer |
8 | - | MID-TERM EXAM | - |
9 | Literature Review | National Income and Income Distribution | Lecture, Question and Answer |
10 | Literature Review | Inflation and Money | Lecture, Question and Answer |
11 | Literature Review | Employment and Unemployment | Lecture, Question and Answer |
12 | Literature Review | Foreign Trade Theory and Policy | Lecture, Question and Answer |
13 | Literature Review | Economic Growth, Development and Underdevelopment | Lecture, Question and Answer |
14 | Literature Review | Sustainability and Green Economy | Lecture, Question and Answer |
15 | Literature Review | Repetition | Lecture, Question and Answer |
16 | - | FINAL EXAM | - |
17 | - | FINAL EXAM | - |
SOURCE MATERIALS & RECOMMENDED READING |
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CANAN, A., KELEŞ, N. İ., ÇAKIR, B. (2020), Genel Ekonomi, 1. Baskı, Ankara: Nobel Akademik Yayıncılık. |
DİNLER, Z. (2016), İktisat, 8.Baskı, Bursa: Ekin Basım Yayın. |
ERTEK, T. (2022), Meslek Yüksekokulları İçin İktisada Giriş, 3. Baskı, İstanbul: Beta Basım Yayın. |
Avrupa Yeşil Mutabakatı Kapsamında Yeşil Ekonomi, (2023), 2. Baskı, (Editörler: Funda H. Sezgin, Esra Yüksel Acı, Rana Atabay Kuşçu), Ankara: Nobel Akademik Yayıncılık. |
ASSESSMENT |
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Assessment & Grading of In-Term Activities | Number of Activities | Degree of Contribution (%) | Description |
Level of Contribution | |||||
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0 | 1 | 2 | 3 | 4 | 5 |
KNOWLEDGE |
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Theoretical |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Banking and Insurance Intermediaries and Capital Markets practice in the field of legislation (the Banking Law, Insurance Law) has the basic information.
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5 | |||||
2 |
International financing strategy in the field of Banking and Insurance application knowledge is the explanation.
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4 | |||||
3 |
Banking and Insurance products and financial institutions have the ability to recognize.
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5 | |||||
4 |
Banking and Insurance in the field of management and organization gains the ability to practice on.
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4 |
KNOWLEDGE |
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Factual |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Gains practical skills in management in the field of Finance, Banking and Insurance.
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5 |
SKILLS |
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Cognitive |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Located in the area of Banking and Insurance operations (finance, insurance, accounting, financial statements, tax) has the ability to play in the intended manner.
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5 |
SKILLS |
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Practical |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Banking and Insurance has the ability to interpret information in the field.
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5 | |||||
2 |
Related to the field of Banking and Insurance has the ability to analyze and evaluate information.
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5 |
OCCUPATIONAL |
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Autonomy & Responsibility |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Banking and Insurance in applications related to the field to work in study groups and individual has the ability to take responsibility.
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5 | |||||
2 |
Banking and Insurance related matters fulfills the duties and powers given to him.
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4 | |||||
3 |
Bringing innovation in the field of Banking and Insurance information, ideas, practices or technologies in the implementation of the risks and take responsibility.
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4 |
OCCUPATIONAL |
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Learning to Learn |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Banking and Insurance on effective oral and written communication uses.
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4 | |||||
2 |
Techniques are needed for applications in the field of Banking and Insurance, tools and informatics technologies by setting has the ability to use effectively.
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5 |
OCCUPATIONAL |
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Communication & Social |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
A foreign language (English) at least at the level of European Language Portfolio A2 to follow in the field using information and communicate with colleagues.
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3 | |||||
2 |
European Computer Driving Licence Foundation with computer software information and communication technologies have the ability to use and to the extent required by the field of information and communication technologies
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3 |
OCCUPATIONAL |
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Occupational and/or Vocational |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Log in finding practical solutions towards problems in commercial activities and decision-making skills to win.
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5 | |||||
2 |
Finance and Insurance sector to take responsibility and legal procedures after providing the entrepreneur to open and run their own workplace grows qualified manpower.
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4 | |||||
3 |
In applications for banking and insurance customer satisfaction principle solution to the problems faced by the ability to produce wins.
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4 | |||||
4 |
The universality of social rights in the field of Banking and Insurance, quality and cultural values, environmental protection issues are conscious enough.
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5 |
WORKLOAD & ECTS CREDITS OF THE COURSE UNIT |
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Workload for Learning & Teaching Activities |
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Type of the Learning Activites | Learning Activities (# of week) | Duration (hours, h) | Workload (h) |
Lecture & In-Class Activities | 14 | 3 | 42 |
Preliminary & Further Study | 13 | 2 | 26 |
Land Surveying | 0 | 0 | 0 |
Group Work | 1 | 10 | 10 |
Laboratory | 0 | 0 | 0 |
Reading | 13 | 2 | 26 |
Assignment (Homework) | 1 | 5 | 5 |
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 | 4 | 2 | 8 |
Mid-Term Exam | 1 | 1 | 1 |
Preparation for the Mid-Term Exam | 4 | 1 | 4 |
Short Exam | 0 | 0 | 0 |
Preparation for the Short Exam | 0 | 0 | 0 |
TOTAL | 52 | 0 | 123 |
Total Workload of the Course Unit | 123 | ||
Workload (h) / 25.5 | 4,8 | ||
ECTS Credits allocated for the Course Unit | 5,0 |