Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS Credits
1VFT105Introduction To Economics3+0+036

Course Details
Language of Instruction English
Level of Course Unit Associate Degree
Department / Program Foreign Trade (English)
Mode of Delivery Face to Face
Type of Course Unit Compulsory
Objectives of the Course This course aims to teach the basic concepts of micro and macro economics at the beginner level.
Course Content To provide basic information about economic problems and the nature of the economy.
Course Methods and Techniques
Prerequisites and co-requisities None
Course Coordinator None
Name of Lecturers Instructor Janberk Okan
Assistants None
Work Placement(s) No

Recommended or Required Reading
Resources N. Gregory Mankiw, Mark P. Taylor (2019), Economics, (Cengage Learning)
Parkin, M., (2017), Economics, (Pearson)
The Core Project, The Economy
Ertek, Tümay, Meslek Yüksekokulları İçin İktisada Giriş, Beta Yayınları, 2014 Aren, Sadun, 100 soruda Ekonomi ElKitabı, İmge Kitabevi, 2009 Aren, Sadun, Ekonomi Dersleri, 4.Bs., İmge Kitabevi, 2014
N. Gregory Mankiw, Mark P. Taylor (2019), Economics, (Cengage Learning)
Ertek, Tümay, Meslek Yüksekokulları İçin İktisada Giriş, Beta Yayınları, 2014
Aren, Sadun, 100 soruda Ekonomi ElKitabı, İmge Kitabevi, 2009
Aren, Sadun, Ekonomi Dersleri, 4.Bs., İmge Kitabevi, 2014

Course Category
Social Sciences %70
Education %3
Field %30

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 % 30
Quizzes 2 % 10
Assignment 2 % 10
Final examination 1 % 50
Total
6
% 100

 
ECTS Allocated Based on Student Workload
Activities Quantity Duration Total Work Load
Course Duration 15 3 45
Hours for off-the-c.r.stud 1 90 90
Assignments 15 3 45
Mid-terms 1 1 1
Final examination 1 1 1
Total Work Load   Number of ECTS Credits 6 182

Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
NoLearning Outcomes
1 Using economic concepts and theories to analyze numerical data and real events.
2 Explain the basic models and theories that can explain the market economy.
3 Explaining different types of markets with examples
4 Analyzing the relationships among economic variables
5 Defining key economic concepts


Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 Definition and Basic Objectives of Economics Read on Related Part Mankiw, 2019: Part 1
2 Competitive Market Theory Read on Related Part Mankiw, 2019: Part 2
3 Intervention in Markets Read on Related Part Mankiw, 2019: Part 3
4 Firm Behaviors Read on Related Part Mankiw, 2019: Part 4
5 Market Structures Read on Related Part Mankiw, 2019: Part 4
6 Factor Markets Read on Related Part Mankiw, 2019: Part 5
7 Inequality Read on Related Part Mankiw, 2019: Part 6
8 Midterm Exam
9 International Trade Read on Related Part Mankiw, 2019: Part 7
10 Information and Uncertainty Read on Related Part Mankiw, 2019: Part 8
11 The Data of Macroeconomics Read on Related Part Mankiw, 2019: Part 9
12 The Real Economy In The Long Run Read on Related Part Mankiw, 2019: Part 10
13 The Long Run Macroeconomics Read on Related Part Mankiw, 2019: Part 11
14 Short Run Economic Fluctuations Read on Related Part Mankiw, 2019: Part 12
15 International Macroeconomisc Read on Related Part Mankiw, 2019: Part 13


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

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