Information Package / Course Catalogue
Economics
Course Code: BYP211
Course Type: Required
Couse Group: Short Cycle (Associate's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 2
Prt.: 1
Credit: 3
Lab: 0
ECTS: 3
Objectives of the Course

The aim of this course is to enable students to understand the fundamental concepts of economics, economic systems, market mechanisms, macroeconomic indicators, and national economic developments, thereby equipping them with the skills to interpret economic events.

Course Content

Basic concepts of economics• Fundamental economical problems faced by all societies and economic systems • Market concept and types of markets • Price theory • Consumption theory • Production theory • Costs of production • Market equilibrium under prefect competition

Name of Lecturer(s)
Learning Outcomes
1.Explain the fundamental concepts and principles of economics.
2.Analyze the relationship between supply, demand, and market equilibrium.
3.Evaluate consumer and producer behavior.
4.Compare different market structures.
5.Interpret key macroeconomic indicators.
6.Analyze economic issues such as inflation, unemployment, and economic growth.
7.Explain the role of money, banking, and international trade in the economy.
8.Evaluate current economic developments using economic principles.
Recommended or Required Reading
1.Tümay Ertek, Introduction to Microeconomics
2.Tümay ERTEK, Introduction to Macroeconomics
Weekly Detailed Course Contents
Week 1 - Theoretical & Practice
Introduction to Economics: Basic Concepts and Economic Problems
Week 2 - Theoretical & Practice
Economic Systems and Economic Decision-Making Units
Week 3 - Theoretical & Practice
Demand, the Law of Demand, and Determinants of Demand
Week 4 - Theoretical & Practice
Supply, the Law of Supply, and Determinants of Supply
Week 5 - Theoretical & Practice
Market Equilibrium and Price Formation
Week 6 - Theoretical & Practice
Consumer Behavior and Utility Theory
Week 7 - Theoretical & Practice
Production, Costs, and Revenue Concepts
Week 8 - Theoretical & Practice
General Review + Midterm Exam
Week 9 - Theoretical & Practice
Market Structures: Perfect Competition, Monopoly, Oligopoly, and Monopolistic Competition
Week 10 - Theoretical & Practice
National Income and Methods of National Income Accounting
Week 11 - Theoretical & Practice
Inflation, Unemployment, and Economic Growth
Week 12 - Theoretical & Practice
Money, Banking System, and Monetary Policy
Week 13 - Theoretical & Practice
International Trade, Exchange Rates, and Globalization
Week 14 - Theoretical & Practice
Overview of the Turkish Economy and Course Evaluation
Assessment Methods and Criteria
Type of AssessmentCountPercent
Practice1%15
Term Assignment1%5
Midterm Examination1%20
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory140228
Lecture - Practice140114
Assignment1505
Individual Work14007
Practice Examination3116
Midterm Examination1606
Final Examination1819
TOTAL WORKLOAD (hours)75
Contribution of Learning Outcomes to Programme Outcomes
PÇ-1
PÇ-2
PÇ-3
PÇ-4
PÇ-5
PÇ-6
OÇ-1
5
2
2
2
3
4
OÇ-2
5
3
3
3
4
4
OÇ-3
5
3
3
3
3
4
OÇ-4
4
3
3
3
3
4
OÇ-5
5
3
3
3
3
4
OÇ-6
5
3
3
3
3
4
OÇ-7
5
3
3
3
3
4
OÇ-8
5
3
3
3
3
4
Adnan Menderes University - Information Package / Course Catalogue
2026