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. GÜFTE CANER AKIN
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	Completion of all the courses designated within the curriculum of the programme, having a total of 120 ECTS Credits, with passing grades, and
2	Achievement of a cumulative grade point average (CGPA) of at least 2.00 out of 4.00.

KNOWLEDGE
Factual
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Have theoretical and practical knowledge in the basic level supported by tools and other sources

SKILLS
Cognitive
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Have general and numeracy skills
2	Related to field of science
3	Can detect details

SKILLS
Practical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Watchful, can operate under strong stress
2	Can decide quickly and accurately
3	can work regularly and organized
4	Circumspect
5	followor of instructions
6	Responsible

OCCUPATIONAL
Autonomy & Responsibility
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Conduct a study in the field of advanced independent
2	Take responsibility as individuals and team members to solve complex and unpredictable problems encountered in applications related to the field
3	Plan activities for the development of a project framework and manage the staff under responsibility.

OCCUPATIONAL
Learning to Learn
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Meets basic level of knowledge and skills gained in the field to evaluate critically, identify their learning needs
2	directs the education of a profession at the same or a higher level of education in the same field

OCCUPATIONAL
Communication & Social
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Have ability to inform individuals and institutions on issues related to the field; to transfer their thoughts and suggestions for solutions to problems orally and in writing
2	Have ability to share their thoughts on topics related to the field and proposals for solutions to the problems of quantitative and qualitative data to support the experts and people who do not
3	Can organize projects and activities for the social environment with social responsibility and to apply them

OCCUPATIONAL
Occupational and/or Vocational
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Can comply with scientific, cultural and ethical values in announcing collection of data related to the field, interpretation, implementation and results

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