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GENERAL ECONOMICS PROGRAMME COURSE DESCRIPTION

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

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
To have theoretical and practical knowledge at law.
0
2
The ability to understand the basic concepts of law and the basic features of principal disciplines of law.
0

KNOWLEDGE

Factual

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.
0

SKILLS

Cognitive

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Ability to think in analytical way.
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.
0

SKILLS

Practical

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.
0
2
To write on Turkish F keyboard with using 10 finger technique
0

OCCUPATIONAL

Autonomy & Responsibility

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.
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.
0
3
The ability to manage activities for the professional development of subordinate individuals within the framework of a project.
0

OCCUPATIONAL

Learning to Learn

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.
1
2
To acquire the awareness of life-long learning.
5

OCCUPATIONAL

Communication & Social

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.
0
2
The ability to share views and suggestions for problems on the field of study, with professional and unprofessional individuals.
1

OCCUPATIONAL

Occupational and/or Vocational

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.
1
2
The ability to institute proceedings.
0
3
To have knowledge about the execution proceeding and bankrupt.
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 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