Course Description
Course | Code | Semester | T+P (Hour) | Credit | ECTS |
---|
INTRODUCTION to ECONOMICS I | BNK1127660 | Fall Semester | 2+0 | 2 | 4 |
Prerequisites Courses | |
Recommended Elective Courses | |
Language of Course | Turkish |
Course Level | Short Cycle (Associate's Degree) |
Course Type | Required |
Course Coordinator | Assist.Prof. İrfan ERSİN |
Name of Lecturer(s) | Assist.Prof. İrfan ERSİN |
Assistant(s) | |
Aim | The aim of this course is to explain the basic principles of economics and the behavior and decision making processes of individuals and institutions in the light of these principles. |
Course Content | This course contains; Introduction to Economics,An Overview of Market Economy,Supply-Demand,Elasticity and Consumer-Producer Surplus,State Intervention in the Market,Consumer Choice,Producer Choice,Competitive Markets,Monopoly,Oligopoly and Monopolistic Competition,Externalities and Market Failure,The Role of Government and Public Goods,The Markets for the Factors of Production,Income Distribution and Poverty. |
Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
1. List the basic principles on which economics is based. | 10, 16, 9 | A |
2. It explain price and quantity formation in the economy. | 10, 16, 9 | A |
3. Analyzes consumer and company behavior | 10, 16, 9 | A |
4. Evaluates the markets. | 10, 16, 9 | A |
5. Interprets income distribution and factor markets. | 10, 16, 9 | A |
6. Gives examples about markets | 10, 12, 13, 16 | A |
Teaching Methods: | 10: Discussion Method, 12: Problem Solving Method, 13: Case Study Method, 16: Question - Answer Technique, 9: Lecture Method |
Assessment Methods: | A: Traditional Written Exam |
Course Outline
Order | Subjects | Preliminary Work |
---|
1 | Introduction to Economics | |
2 | An Overview of Market Economy | |
3 | Supply-Demand | |
4 | Elasticity and Consumer-Producer Surplus | |
5 | State Intervention in the Market | |
6 | Consumer Choice | |
7 | Producer Choice | |
8 | Competitive Markets | |
9 | Monopoly | |
10 | Oligopoly and Monopolistic Competition | |
11 | Externalities and Market Failure | |
12 | The Role of Government and Public Goods | |
13 | The Markets for the Factors of Production | |
14 | Income Distribution and Poverty | |
Resources |
112/5000
General Economics, Dr. Osman Orhan Dr. Seyfettin Erdoğan, Umuttepe publications, 7th edition, Kocaeli, 2013.
Ertek, T. (2017). Basic Economics with Examples from the Press, (5th Edition). Beta Basım Yayin, October, Istanbul. |
Sharon M. Oster et al, Principles of Economics, Palme Publishing, Ankara, 2010.
Dinler, Z. (2023). Introduction to Economics.(28th Edition). Bursa: Ekin Publishing Publishing. |
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications |
No | Program Qualification | Contribution Level |
1 | 2 | 3 | 4 | 5 |
1 | Students identify the basic concepts and gain knowledge related to banking and insurance. | | X | | | |
2 | Students acquire the current knowledge concerning the sector practices. | | | | X | |
3 | Students make a list of fundamental conceptual knowledge in the practical application of International Banking and Finance techniques. | X | | | | |
4 | Gains knowledge about occupational health and safety, environmental awareness and quality processes. | | | | | |
5 | Students explain procedures and principles to follow in banking and insurance transactions. | | | | | |
6 | Students convey knowledge concerning financial markets and institutions. | | | X | | |
7 | Students identify and define transaction types in the banking and insurance sector. | | | | | |
8 | Students rationally determine risks to be faced by the parties in both sectors. | | X | | | |
9 | Students explain risk types to occur in the sector and hedging techniques. | | | X | | |
11 | Follows current developments and practices in banking and insurance and uses them effectively. | | | | | |
12 | Has the ability to independently evaluate professional problems and issues with an analytical and critical approach and propose solutions. | | | | | |
12 | Students apply the acquired knowledge regarding the field of banking and insurance to their studies. | | X | | | |
13 | Students are fully aware that they need to adapt to the changes in the sector considering lifelong learning approach. | X | | | | |
16 | Students benefit from the domain knowledge and acquired skills for informing partners or partner institutions. | | | | X | |
17 | Students set up social responsibility projects related to the field they work in. | X | | | | |
17 | Students effectively apply the acquired knowledge in the field of banking and insurance to their studies or professional lives. | | | | | X |
18 | Students discover asymmetric information problems to occur in the sector and indicate the necessary measures which need to be taken to prevent those kinds of problems. | | | | X | |
18 | Students communicate with their colleagues and customers according to the rules of professional ethics. | X | | | | |
Assessment Methods
Contribution Level | Absolute Evaluation |
Rate of Midterm Exam to Success | | 40 |
Rate of Final Exam to Success | | 60 |
Total | | 100 |
ECTS / Workload Table |
Activities | Number of | Duration(Hour) | Total Workload(Hour) |
Course Hours | 14 | 2 | 28 |
Guided Problem Solving | 1 | 12 | 12 |
Resolution of Homework Problems and Submission as a Report | 12 | 1 | 12 |
Term Project | 12 | 1 | 12 |
Presentation of Project / Seminar | 0 | 0 | 0 |
Quiz | 1 | 10 | 10 |
Midterm Exam | 1 | 20 | 20 |
General Exam | 1 | 25 | 25 |
Performance Task, Maintenance Plan | 0 | 0 | 0 |
Total Workload(Hour) | 119 |
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(119/30) | 4 |
ECTS of the course: 30 hours of work is counted as 1 ECTS credit. |
Detail Informations of the Course
Course Description
Course | Code | Semester | T+P (Hour) | Credit | ECTS |
---|
INTRODUCTION to ECONOMICS I | BNK1127660 | Fall Semester | 2+0 | 2 | 4 |
Prerequisites Courses | |
Recommended Elective Courses | |
Language of Course | Turkish |
Course Level | Short Cycle (Associate's Degree) |
Course Type | Required |
Course Coordinator | Assist.Prof. İrfan ERSİN |
Name of Lecturer(s) | Assist.Prof. İrfan ERSİN |
Assistant(s) | |
Aim | The aim of this course is to explain the basic principles of economics and the behavior and decision making processes of individuals and institutions in the light of these principles. |
Course Content | This course contains; Introduction to Economics,An Overview of Market Economy,Supply-Demand,Elasticity and Consumer-Producer Surplus,State Intervention in the Market,Consumer Choice,Producer Choice,Competitive Markets,Monopoly,Oligopoly and Monopolistic Competition,Externalities and Market Failure,The Role of Government and Public Goods,The Markets for the Factors of Production,Income Distribution and Poverty. |
Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
1. List the basic principles on which economics is based. | 10, 16, 9 | A |
2. It explain price and quantity formation in the economy. | 10, 16, 9 | A |
3. Analyzes consumer and company behavior | 10, 16, 9 | A |
4. Evaluates the markets. | 10, 16, 9 | A |
5. Interprets income distribution and factor markets. | 10, 16, 9 | A |
6. Gives examples about markets | 10, 12, 13, 16 | A |
Teaching Methods: | 10: Discussion Method, 12: Problem Solving Method, 13: Case Study Method, 16: Question - Answer Technique, 9: Lecture Method |
Assessment Methods: | A: Traditional Written Exam |
Course Outline
Order | Subjects | Preliminary Work |
---|
1 | Introduction to Economics | |
2 | An Overview of Market Economy | |
3 | Supply-Demand | |
4 | Elasticity and Consumer-Producer Surplus | |
5 | State Intervention in the Market | |
6 | Consumer Choice | |
7 | Producer Choice | |
8 | Competitive Markets | |
9 | Monopoly | |
10 | Oligopoly and Monopolistic Competition | |
11 | Externalities and Market Failure | |
12 | The Role of Government and Public Goods | |
13 | The Markets for the Factors of Production | |
14 | Income Distribution and Poverty | |
Resources |
112/5000
General Economics, Dr. Osman Orhan Dr. Seyfettin Erdoğan, Umuttepe publications, 7th edition, Kocaeli, 2013.
Ertek, T. (2017). Basic Economics with Examples from the Press, (5th Edition). Beta Basım Yayin, October, Istanbul. |
Sharon M. Oster et al, Principles of Economics, Palme Publishing, Ankara, 2010.
Dinler, Z. (2023). Introduction to Economics.(28th Edition). Bursa: Ekin Publishing Publishing. |
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications |
No | Program Qualification | Contribution Level |
1 | 2 | 3 | 4 | 5 |
1 | Students identify the basic concepts and gain knowledge related to banking and insurance. | | X | | | |
2 | Students acquire the current knowledge concerning the sector practices. | | | | X | |
3 | Students make a list of fundamental conceptual knowledge in the practical application of International Banking and Finance techniques. | X | | | | |
4 | Gains knowledge about occupational health and safety, environmental awareness and quality processes. | | | | | |
5 | Students explain procedures and principles to follow in banking and insurance transactions. | | | | | |
6 | Students convey knowledge concerning financial markets and institutions. | | | X | | |
7 | Students identify and define transaction types in the banking and insurance sector. | | | | | |
8 | Students rationally determine risks to be faced by the parties in both sectors. | | X | | | |
9 | Students explain risk types to occur in the sector and hedging techniques. | | | X | | |
11 | Follows current developments and practices in banking and insurance and uses them effectively. | | | | | |
12 | Has the ability to independently evaluate professional problems and issues with an analytical and critical approach and propose solutions. | | | | | |
12 | Students apply the acquired knowledge regarding the field of banking and insurance to their studies. | | X | | | |
13 | Students are fully aware that they need to adapt to the changes in the sector considering lifelong learning approach. | X | | | | |
16 | Students benefit from the domain knowledge and acquired skills for informing partners or partner institutions. | | | | X | |
17 | Students set up social responsibility projects related to the field they work in. | X | | | | |
17 | Students effectively apply the acquired knowledge in the field of banking and insurance to their studies or professional lives. | | | | | X |
18 | Students discover asymmetric information problems to occur in the sector and indicate the necessary measures which need to be taken to prevent those kinds of problems. | | | | X | |
18 | Students communicate with their colleagues and customers according to the rules of professional ethics. | X | | | | |
Assessment Methods
Contribution Level | Absolute Evaluation |
Rate of Midterm Exam to Success | | 40 |
Rate of Final Exam to Success | | 60 |
Total | | 100 |
Numerical Data
Ekleme Tarihi: 11/11/2023 - 23:58Son Güncelleme Tarihi: 11/11/2023 - 23:58
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