Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
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GEK101 | GENERAL ECONOMICS | 3 | 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 BUĞRAHAN ERGÜN |
Instructor(s) of the Course Unit | |
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 |
To have theoretical and practical knowledge at law.
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0 | |||||
2 |
The ability to understand the basic concepts of law and the basic features of principal disciplines of law.
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0 |
KNOWLEDGE |
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Factual |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
To have theoretical and practical knowledge at basic level which are supported by course books, practical equipment and other scientific sources that contains up-to-date information in the field of study based on the competencies acquired in secondary school level.
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0 |
SKILLS |
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Cognitive |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Ability to think in analytical way.
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0 | |||||
2 |
To get competence in using the acquired basic-level theoretical and practical knowledge in the next level of education in the same field or in another field at the same level.
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0 |
SKILLS |
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Practical |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
The ability to analyse and evaluate the data, to identify and analyse problems, and to produce solutions based on proofs by using the acquired basic-level knowledge and skills.
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0 | |||||
2 |
To write on Turkish F keyboard with using 10 finger technique
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0 |
OCCUPATIONAL |
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Autonomy & Responsibility |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
The ability to carry out independently a basic-level work project in the field of study.
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0 | |||||
2 |
The ability to take responsibility as a member of a team for solving unpredictable complex problems that arise in practice in the field of study.
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0 | |||||
3 |
The ability to manage activities for the professional development of subordinate individuals within the framework of a project.
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0 |
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 |
The ability to evaluate in a critical manner the acquired basic-level knowledge and skills, and to decide upon and meet learning needs.
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1 | |||||
2 |
To acquire the awareness of life-long learning.
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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 |
The ability to express opinions on the field-related in written and verbal form.
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0 | |||||
2 |
The ability to share views and suggestions for problems on the field of study, with professional and unprofessional individuals.
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1 |
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 |
To have scientific, cultural and ethical values concerning the procedures of gathering, analysing and evaluating of the data in the field of study.
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1 | |||||
2 |
The ability to institute proceedings.
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0 | |||||
3 |
To have knowledge about the execution proceeding and bankrupt.
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0 |
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 |