Theory of Economics (ISLE503) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Theory of Economics ISLE503 General 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 Distance
Learning and Teaching Strategies Lecture, Discussion, Question and Answer.
Course Coordinator
Course Lecturer(s)
Course Assistants
Course Objectives The aim of this course is to teach system, concept and methodology of economics, to be able to analyze economic system, to be gained skills of analyze and evaluate Turkish economic system
Course Learning Outcomes The students who succeeded in this course;
  • Knowing system, concept of metodology of economics
  • Being able to analyze economics
  • Interpreting basic economic indicators
  • Evaluating local and global economic relations
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 Economics: Terms and Definitions Related chapters of the course book
2 Required Analytic and Statistical Methods for Economy The relevant chapters of the course book
3 Demand, Consumer Choice and Information The relevant chapters of the course book
4 Supply, Demand and Elacticity The relevant chapters of the course book
5 Supply, Demand and Elacticity The related chapters of the course book
6 Production, Costs and Firm Behavior Related chapters of the course book
7 Production, Costs and Firm Behavior Related chapters of the course book
8 Mid-Term Exam
9 Goods and Factor Markets Related chapters of the course book
10 Goods and Factor Markets Related chapters of the course book
11 Scope of Macroeconomics and Basic Macroeconomic Variables Related chapters of the course book
12 Calculation of Gross Domestic Product Related chapters of the course book
13 Money and Banking Related chapters of the course book
14 Total Demand-Total Supply Analysis and Policy Applications Related chapters of the course book
15 General Review Before Exam
16 Final Exam

Sources

Course Book 1. Erdal Ünsal (2016) İktisada Giriş
2. İlker Parasız ve Mustafa Özer (2015) İktisadın Temelleri

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation - -
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments 1 25
Presentation - -
Project - -
Report - -
Seminar - -
Midterms Exams/Midterms Jury 1 35
Final Exam/Final Jury 1 40
Toplam 3 100
Percentage of Semester Work
Percentage of Final Work 100
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 Combines and applies the knowledge of their undergraduate field with business administration knowledge.
2 Acquires knowledge about the structure and functioning of the financial system and each financial institution.
3 Possesses knowledge of regulations and legislation related to financial institutions.
4 Identifies the risks faced by different financial institutions and acquires the ability to develop basic solutions.
5 Acquires knowledge of basic investment strategies.
6 Gains knowledge of research methods and techniques and applies them.
7 Acquires knowledge about the institutional characteristics of emerging and developed markets, as well as investment strategies for bonds, stocks, and derivative products in these markets.
8 Acquires knowledge about the fundamentals, processes, and contributions of capital and securities markets to the financial system.
9 Conveys business-related information using effective verbal, written, and visual communication methods.
10 Develops awareness of professional ethics, environmental sensitivity, sustainability, social responsibility, and cultural, social, and universal values.
11 Works effectively with different disciplines or multicultural teams, takes responsibility, conducts risk analysis, adapts to change, thinks critically, and takes initiative in problem-solving.
12 Conducts the necessary literature review, identifies the research problem, develops hypotheses, designs the research, reaches conclusions using qualitative and quantitative methods, and as a result, possesses the ability to produce academic publications.

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours) 16 3 48
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class 14 2 28
Presentation/Seminar Prepration
Project
Report
Homework Assignments 1 15 15
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury 1 15 15
Prepration of Final Exams/Final Jury 1 20 20
Total Workload 126