Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
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GEK101 | GENERAL ECONOMICS | 4 | 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 : | Elective |
Mode of Delivery of the Course Unit | - |
Coordinator of the Course Unit | Lecturer ÇİĞDEM ÇAĞLAR |
Instructor(s) of the Course Unit | Lecturer DUYGU HOBAN |
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 |
Ability to teamwork
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2 |
Identify vocational problems and resolve them effectively
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KNOWLEDGE |
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Factual |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Comply with occupational ethics and sense of responsibility
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2 |
Utilize the theoretical information they have acquired in applications and practices
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SKILLS |
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Cognitive |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Comprehend, appreciate and comply with cultural and social responsibilities
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2 |
Manage a process effectively to meet the demands.
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SKILLS |
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Practical |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Develop an awareness for life long learning
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2 |
Access and assess sectoral problems
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OCCUPATIONAL |
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Autonomy & Responsibility |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Be aware of legal regulations, and comply with them
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2 |
Communicate in an at least one foreign language
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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 |
Utilize communication and information technologies, as well as other technologies and equipment.
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2 |
Plan and carry out vocational processes
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OCCUPATIONAL |
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Communication & Social |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Communicate effectively in writing and orally
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2 |
Display their vocational self-confidence at work place
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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 |
Develop an entrepreneur spirite
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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 |