Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS CreditsLast Updated Date
1ISL111Introduction to Economics3+0+03531.07.2026

 
Course Details
Language of Instruction Turkish
Level of Course Unit Bachelor's Degree
Department / Program Management Information Systems
Type of Program Formal Education
Type of Course Unit Compulsory
Course Delivery Method Face To Face
Objectives of the Course The objective of this course is to introduce Management Information Systems students to the fundamental concepts, principles, and problems of economics and to provide them with basic analytical tools from microeconomics and macroeconomics. Topics include supply and demand, market structures, cost analysis, national income, inflation, unemployment, monetary and fiscal policy, and the balance of payments.
Course Content Fundamental economic principles and concepts; economic models; the production possibilities frontier; demand, supply, and market equilibrium; elasticity; government intervention; production and costs; market structures; national income and methods of calculating GDP; saving and consumption functions; inflation and unemployment; monetary policy; fiscal policy; the balance of payments; and international trade.
Course Methods and Techniques 1. Teaching Method, 2. Discussion Method, 3. Problem Solving Method, 4. Case Study Method, 7. Individual Study Method, 8. Question-Answer Method, 10. Brainstorming Technique
Prerequisites and co-requisities None
Course Coordinator Asist Prof. Ümit Bozoklu
Name of Lecturers Asist Prof. Ümit Bozoklu
Assistants None
Work Placement(s) No

Recommended or Required Reading
Resources 1. Zeynel Dinler, İktisada Giriş, Ekin Kitabevi, 2024.
2. Serkan Çiçek, Mikro İktisat, Efil Yayınevi, 2017.
3. Mikro İktisat (Erdal M. Ünsal; Murat Yayınları; 11th ed.; 2017)
4. Yılmaz Kılıçaslan, Anadolu Üniversitesi Yayınları, AÖF İktisada Giriş.
5. A. Talha Yalta; A. Yasemin Talha, Modern Makroekonomiye Giriş, Adres Yayınları, 2019.
Course Notes Lecture notes shared by the instructor throughout the course
Assignments 1 ödev
Exams Ara Sınav: 1 (%30). Yarıyıl Sonu Sınavı: 1 (%60).

Course Category
Social Sciences %100

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
Assignment 1 % 10
Final examination 1 % 60
Total
3
% 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
Assignments 1 15 15
Mid-terms 1 20 20
Final examination 1 25 25
Total Work Load   Number of ECTS Credits 5 130

 
Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
NoLearning Outcomes
1 Explain the fundamental concepts and principles of economics.
2 Analyze supply, demand, and market equilibrium graphically and numerically.
3 Calculate elasticities and evaluate producer and consumer behavior, cost structures, and market types.
4 Calculate and graph fundamental macroeconomic indicators such as GDP, inflation, and unemployment and interpret them in the context of the Turkish economy.
5 Identify monetary policy, fiscal policy, and balance-of-payments instruments and explain their effects.

 
Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 Fundamental Principles and Concepts of Economics (1. Teaching, 2. Discussion, 8. Question-Answer) Dinler; Yaylalı; Çiçek; AÖF
2 How Economics Works: Models, the Production Possibilities Frontier, the Circular-Flow Model, Demand, and Supply (1. Teaching, 3. Problem Solving, 8. Question-Answer) Dinler; Yaylalı; Çiçek; AÖF
3 Market Equilibrium: Excess Demand, Excess Supply, Adjustment, and Shifts in Equilibrium (1. Teaching, 3. Problem Solving, 8. Question-Answer) Dinler; Yaylalı; Çiçek; AÖF
4 Elasticity: Price, Income, and Cross Elasticity; Normal and Inferior Goods; Substitutes and Complements (1. Teaching, 3. Problem Solving, 7. Individual Study) Dinler; Yaylalı; Çiçek; AÖF
5 Government Intervention I: Price Ceilings, Price Floors, Taxation, Tax Burden, and Tax Incidence (1. Teaching, 2. Discussion, 4. Case Study) Dinler; Yaylalı; Çiçek; AÖF
6 Production and Costs: Production Functions, Cost Curves, and Types of Costs (1. Teaching, 3. Problem Solving, 7. Individual Study) Dinler; Yaylalı; Çiçek; AÖF
7 Markets: Perfect Competition, Monopoly, and Monopolistic Competition (1. Teaching, 2. Discussion, 4. Case Study) Dinler; Yaylalı; Çiçek; AÖF
8 Midterm Examination (7. Individual Study) Dinler; Yaylalı; Çiçek; AÖF
9 National Income: Definition and Measurement; Methods of Calculating GDP (1. Teaching, 3. Problem Solving, 8. Question-Answer) Dinler; Yaylalı; Çiçek; AÖF; Talha; Modern Makroekonomiye Giriş
10 Saving and Consumption Functions (1. Teaching, 3. Problem Solving, 8. Question-Answer) Dinler; Yaylalı; Çiçek; AÖF; Talha; Modern Makroekonomiye Giriş
11 Inflation and Unemployment; Applications from Türkiye (1. Teaching, 2. Discussion, 4. Case Study) Dinler; Yaylalı; Çiçek; AÖF; Talha; Modern Makroekonomiye Giriş
12 Monetary Policy (1. Teaching, 3. Problem Solving, 8. Question-Answer) Dinler; Yaylalı; Çiçek; AÖF; Talha; Modern Makroekonomiye Giriş
13 Fiscal Policy (1. Teaching, 2. Discussion, 4. Case Study) Dinler; Yaylalı; Çiçek; AÖF; Talha; Modern Makroekonomiye Giriş
14 Balance of Payments and International Trade (1. Teaching, 4. Case Study, 10. Brainstorming) Dinler; Yaylalı; Çiçek; AÖF; Talha; Modern Makroekonomiye Giriş

 
Contribution of Learning Outcomes to Programme Outcomes
P1 P2 P3 P4 P5 P6 P7 P8
All 4 3 2 3 4 4 3 2
C1 4 3 2 3 3 3 2 3
C2 4 4 3 3 3 4 3 2
C3 4 4 3 3 4 3 3 2
C4 4 3 2 3 4 4 3 2
C5 4 3 2 3 4 4 3 3

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