GENERAL ECONOMICS PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
GEK101	GENERAL ECONOMICS	4	3	3	5

GENERAL INFORMATION
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 :	Elective
Mode of Delivery of the Course Unit	-
Coordinator of the Course Unit	Assist.Prof. SERCAN YILDIZ
Instructor(s) of the Course Unit
Course Prerequisite	No

OBJECTIVES AND CONTENTS
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)
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
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
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
Assessment & Grading of In-Term Activities	Number of Activities	Degree of Contribution (%)	Description

Level of Contribution
0	1	2	3	4	5

KNOWLEDGE
Theoretical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Possess theoretical and prachiptirtical knowledge supported by textbooks with updated information, practice equipments and other resource on basic level based on qualifications gained at secondary education level.			2

KNOWLEDGE
Factual
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Possess theoretical and prachiptirtical knowledge supported by textbooks with updated information, practice equipments and other resource on basic level based on qualifications gained at secondary education level.			2

SKILLS
Cognitive
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Gain the skills to use basic level theoretical and practical knowledge acquired within the field in the same field of a higher education level or in a field of same level.				3
2	Interpret and evaluate data, define problems, do analysis, produce solutions based on proof with using basic level knowledge and practices gained within the field.				3

SKILLS
Practical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Can use the theoretical and applied knowledge gained in the field as the basis of a further education level.			2
2	By using the acquired knowledge and skills, gains the ability to analyze problems, solve them, see and eliminate situations that may pose problems before they occur.				3

OCCUPATIONAL
Autonomy & Responsibility
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Conduct studies at basic level within the field independently.			2
2	Take responsibility as a team member in order to solve unexpected complex problems faced in the implementations within the field.			2
3	Conduct activities towards the development of subordinates within a project.				3

OCCUPATIONAL
Learning to Learn
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Evaluate the acquired knowledge and skills at basic level within the field with a critical approach, determine and respond to learning needs.				3
2	Direct the education received to a higher education level in the same field or to an occupation in the same level.			2
3	Gain awareness of lifelong learning.			2

OCCUPATIONAL
Communication & Social
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Transfer the ideas based on the basic knowledge and skills acquired within the field through written and oral communication.			2
2	Share the ideas and solution proposals to problems about issues within the field with professionals and non-professionals.			2
3	Monitor the developments in the field and communicate with peers by using a foreign language at least at a level of European Language Portfolio A2 General Level.				3
4	Use informatics and communication technologies with at least a minimum level of European Computer Driving License Basic Level software knowledge.			2

OCCUPATIONAL
Occupational and/or Vocational
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Possess social, scientific, cultural and ethic values on the stages of gathering, implementation and release of the results of data related to the field.			2
2	Possess sufficient consciousness about the issues of universality of social rights, social justice, quality, cultural values and also, environmental protection, worker s health and security.				3

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	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