Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS Credits
1EKO101Introduction To Economics3+0+036

Course Details
Language of Instruction Turkish
Level of Course Unit Associate Degree
Department / Program Banking and Insurance Business
Mode of Delivery Face to Face
Type of Course Unit Compulsory
Objectives of the Course This course provides basic knowledge of micro and macro economics. The aim of the course is to teach students the basic concepts and processes related to micro and macro economics, to enable them to develop economic literacy about the economic events they encounter in daily life.
Course Content Definition of economics, scarcity law, demand, supply, elasticities, diminishing marginal utility law, law of diminishing returns, perfectly competitive and imperfect competition markets, concepts related to national income, consumption and savings functions, unemployment, money, inflation, monetary and fiscal policies.
Course Methods and Techniques The final exam also includes the topics covered before the midterm exam.
Prerequisites and co-requisities None
Course Coordinator Asist Prof. Ergül Ballı ergul.balli@gedik.edu.tr
Name of Lecturers Asist Prof. Ergül Ballı ergul.balli@gedik.edu.tr
Assistants None
Work Placement(s) No

Recommended or Required Reading
Resources Dinler, Zeynel (2020). İktisat, Bursa: Ekin Yayınevi.
Ertek, Tümay (2017), İktisada Giriş, İstanbul: Beta Basım Yayın.
Şenses, Fikret (2021), İktisada (Farklı Bir) Giriş, İstanbul: İletişim Yayınları.
Classical lectures, asking questions, encouraging students to think analytically and mutual discussion
ara sınav, yarıyıl sonu sınavı

Course Category
Mathematics and Basic Sciences %20
Social Sciences %60
Field %20

Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"

Assessment Methods and Criteria
In-Term Studies Quantity Percentage
Mid-terms 1 % 40
Final examination 1 % 60
Total
2
% 100

 
ECTS Allocated Based on Student Workload
Activities Quantity Duration Total Work Load
Course Duration 14 3 42
Hours for off-the-c.r.stud 14 2 28
Mid-terms 1 35 35
Final examination 1 45 45
Total Work Load   Number of ECTS Credits 6 150

Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
NoLearning Outcomes
1 Using economic concepts and charts to analyze real events
2 Learning basic microeconomic concepts
3 Learning the basic models that can explain the market economy
4 Explaining different types of markets with examples
5 Learning basic macroeconomic concepts
6 Interpreting macroeconomic indicators


Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 Basic Concepts of Economics Dinler, 2020: 3-12. Dinler, Zeynel (2020). İktisat, Bursa: Ekin Yayınevi.
2 Basic Concepts of Economics Dinler, 2020: 12-24. Dinler, Zeynel (2020). İktisat, Bursa: Ekin Yayınevi.
3 How to Interpret Economic Charts? Lecture notes to be distributed in the relevant week Dinler, Zeynel (2020). İktisat, Bursa: Ekin Yayınevi.
4 Introduction to Price Theory: Demand Dinler, 2020: 27-31 ve 39-40. Dinler, Zeynel (2020). İktisat, Bursa: Ekin Yayınevi.
5 Introduction to Price Theory: Supply Dinler, 2020: 45-47, 50-52. Dinler, Zeynel (2020). İktisat, Bursa: Ekin Yayınevi.
6 Formation of Equilibrium Price in a Perfect Competition Market Dinler, 2020: 53-59. Dinler, Zeynel (2020). İktisat, Bursa: Ekin Yayınevi.
7 Floor and Ceiling Price Policy Dinler, 2020: 61-64. Dinler, Zeynel (2020). İktisat, Bursa: Ekin Yayınevi.
8 Market Types Dinler, 2020: 99-132. Dinler, Zeynel (2020). İktisat, Bursa: Ekin Yayınevi.
9 Introduction to Macroeconomics Dinler, 2020, 163-170. Dinler, Zeynel (2020). İktisat, Bursa: Ekin Yayınevi.
10 Concepts Related to National Income Dinler, 2020: 171-179. Dinler, Zeynel (2020). İktisat, Bursa: Ekin Yayınevi.
11 Concepts Related to National Income Dinler, 2020: 179-184. Dinler, Zeynel (2020). İktisat, Bursa: Ekin Yayınevi.
12 Factors Determining National Income: Consumption, Saving and Investment Functions Dinler, 2020: 185-191. Dinler, Zeynel (2020). İktisat, Bursa: Ekin Yayınevi.
13 Inflation Dinler, 2020: 237-246. Dinler, Zeynel (2020). İktisat, Bursa: Ekin Yayınevi.
14 Employment and Unemployment Dinler, 2020: 247-252. Dinler, Zeynel (2020). İktisat, Bursa: Ekin Yayınevi.


Contribution of Learning Outcomes to Programme Outcomes
P1 P2 P3 P4 P5 P6 P7 P8 P9 P10 P11 P12 P13 P14
All 2 2 5 2 2 3 2 3 3 5
C1 2 2 5 2 4 2 2 3 5
C2 2 2 5 2 3 2 2 3 5
C3 2 2 5 2 3 2 3 3 5
C4 2 2 5 2 3 3 2 3 3 5
C5 3 2 2 5 2 3 4 2 3 3 5
C6 3 3 5 2 3 5 2 3 3 5

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