Economic Theory (ECON501) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Economic Theory ECON501 3 0 0 3 5
Pre-requisite Course(s)
Course Language Turkish
Course Type N/A
Course Level Social Sciences Master's Degree
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Discussion, Question and Answer.
Course Coordinator
Course Lecturer(s)
  • Asst. Prof. Dr. Salih Ak
Course Assistants
Course Objectives To introduce students microeconomic and macroeconomic perspective.
Course Learning Outcomes The students who succeeded in this course;
  • To present students with the fundamental concepts and relations of micro and macro economics.
  • To provide students with analytic instruments to assess national and global economic issues.
  • To prepare students for further studies.
Course Content Supply and demand, consumer producer surplus, market response, elasticity, taxes, decision making, rational consumer, production decision, market structure.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 Introduction to Economics Krugman&Wells, Introduction
2 Basic Principles of Ecomics Ch:1 Krugman&Wells
3 Economics Models and Charts Ch: 2, Krugman&Wells,
4 Demand and Suply Ch:3, Krugman&Wells
5 Consumer and Producer Surplas Ch: 4 Krugman&Wells,
6 Market Response Ch:5, Krugman&Wells
7 Elasticity Ch:6, Krugman&Wells
8 Taxes Ch: 7, Krugman&Wells
9 Midterm
10 International Trade Ch: 8, Krugman&Wells
11 Decision Making Ch: 8, Krugman&Wells
12 Consumer Ch: 10-11, Krugman&Wells
13 Production Decision Ch: 12-13, Krugman&Wells
14 Macro Issues Ch: 1-2, Dornbusch&Fischer
15 Macro Concepts Ch:1-2. Dornbusch&Fischer
16 Final Exam


Course Book 1. Krugman, Paul ve Robin Wells; Mikro İktisat; Palme Yayıncılık; Ankara, 2010
2. Dornbusch, Rudiger, Stanley Fischer ve Richard Startz; Makroekonomi, Gazi Kitapevi, Ankara, 2007

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation - -
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments 4 20
Presentation - -
Project - -
Report - -
Seminar - -
Midterms Exams/Midterms Jury 1 40
Final Exam/Final Jury 1 40
Toplam 6 100
Percentage of Semester Work 60
Percentage of Final Work 40
Total 100

Course Category

Core Courses
Major Area Courses X
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

# Program Qualifications / Competencies Level of Contribution
1 2 3 4 5
1 He/she will be competent in evaluating basic concepts and the conceptual interrelations as well as their reflections on theoretical and practical levels. X
2 He/she will have the knowledge of the basic methodological approaches, methods and research technics and their implementations. X
3 Evaluating the contribution of public relation and advertising theories and applications to the existing/potential occasions and problems in the national and international area. X
4 Being aware of the ethics of public relations occupation and having the consciousness of occupational responsibility. X
5 Being able to plan and apply strategic communication processes in the fields of public communications, public opinion building, agenda determination, setting, orientation and managing. X
6 Creating the sustainable development and quality insight oriented to concepts such as; corporate communication, corporate identity, corporate culture, corporate citizenship, corporate loyalty, reputation, value, social responsibility, image management, relationship management, perception management, emotional intelligence, human resource, etc. X
7 To have a through knowledge of the communication methodology directed to private sector, public sector and civil society X
8 Having theoretical knowledge on information communication technologies, understanding its reflections in the society and using this knowledge both in theoretical and application. X
9 Come to conclusions by connecting and analyzing data on social sciences and using these conclusions in the field of public relations X
10 Reaching current information about the discipline by researching the national and international literature in the field of public relations and publicity. X
11 Reaching scientific results by defining the right method/techniques directed to the purpose of the research. X
12 Come to conclusions by connecting and analyzing data on social sciences and using these conclusions in the field of public relations.

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours)
Special Course Internship
Field Work
Study Hours Out of Class 14 4 56
Presentation/Seminar Prepration
Homework Assignments 4 10 40
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury 1 30 30
Prepration of Final Exams/Final Jury 1 50 50
Total Workload 176