Economic Theory (ECON501) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Economic Theory ECON501 Area Elective 3 0 0 3 5
Pre-requisite Course(s)
N/A
Course Language Turkish
Course Type Elective Courses
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

Sources

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 X
Major Area Courses
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 Have advanced level of knowledge about the field of Public Finance-Tax in order to gain practical gains.
2 He/she can identify the issues related to Finance-Tax area by considering them within the framework of a method and report and evaluate them from an analytical point of view.
3 Able to understand, interpret and analyze economic and financial events, equipped with knowledge of certain disciplines, especially economics, business and law
4 Develops policies and strategies for the solution of problems by establishing the cause-effect relationship related to financial and economic problems through theoretical information and current discussions, by making financial analyzes.
5 By establishing the relationship of public financial management and budget theory with public policies, he/she makes strong budget analysis, develops analyzes on public finance and establishes the policy implementation relationship.
6 Understanding tax theory, learning the legal background, following the developments and gaining a professional competence in tax matters effectively develop it.
7 Have knowledge of accounting systems in private and public institutions and businesses, analyze and interpret the financial and financial structure of businesses with the knowledge and competence gained.
8 Gain knowledge of macroeconomic structure and growth theory, including theoretical and country examples, and evaluate economic developments from a theoretical perspective.
9 Can use foreign language in financial and economic fields, follow international literature, communicate on professional issues.
10 By using information technologies, digital developments and common software, it benefits from technological developments in studies specific to its field.
11 It uses qualitative and quantitative methods necessary for the analysis of economic, financial, social and institutional events.
12 While fulfilling its academic and professional responsibilities, the United Nations develops an approach that respects sustainable development goals, fundamental freedoms, disadvantaged groups, the environment, cultural and moral values.

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours)
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class 14 4 56
Presentation/Seminar Prepration
Project
Report
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