Information Package / Course Catalogue
General Economy
Course Code: BSS117
Course Type: Required
Couse Group: Short Cycle (Associate's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 3
Objectives of the Course

The aim of this course is to enable students to understand economic events by learning the basic concepts of micro and macro economics. To ensure that they gain the ability to analyze and interpret current economic developments.

Course Content

In this course, economic systems, demand and supply, market equilibrium, consumer and producer behavior and national income, basic economic issues such as inflation, unemployment, monetary policy and international trade are examined.

Name of Lecturer(s)
Learning Outcomes
1.Can explain the basic concepts of economics, economic systems and economic decision-making processes.
2.Analyzes the price formation mechanism by analyzing the relationships between demand, supply, market balance and consumer behavior can interpret.
3.Can evaluate the economic decisions of businesses by comparing production, costs and different market types.
4.Economics by explaining basic macroeconomic indicators such as national income, inflation, unemployment, economic growth and development. can interpret the developments
5.Can analyze the effects of monetary policy, banking system, international trade and foreign exchange markets on the economy.
Recommended or Required Reading
1.Tümay Ertek, Macroeconomics for Vocational Schools, Beta Basım Publishing.
2.Zeynel Dinler, Introduction to Economics, Ekin Publishing
3.Tümay Ertek, Introduction to Microeconomics, Beta Publishing House.
Weekly Detailed Course Contents
Week 1 - Theoretical
Basic Concepts of Economics, Basic Problems of Economics, Scarcity and Choice
Week 2 - Theoretical
Economic Systems, Economic Units and Circular Flow Model
Week 3 - Theoretical
Opportunity Cost, Production Possibility Curve and Economic Decision Making
Week 4 - Theoretical
Theory of Demand, Law of Demand and Elasticity of Demand
Week 5 - Theoretical
Supply Theory, Law of Supply and Elasticity of Supply
Week 6 - Theoretical
Market Equilibrium, Price Formation and Government Interventions
Week 7 - Theoretical
Consumer Behavior, Utility Theory and Consumer Equilibrium
Week 8 - Theoretical
Producer Theory, Cost and Market Types (Perfect Competition, Monopoly, Oligopoly)
Week 9 - Theoretical
Introduction to Macroeconomics, Concept of National Income and Measurement of National Income
Week 10 - Theoretical
Consumption, Savings, Investment and Total Demand Analysis
Week 11 - Theoretical
Total Supply Analysis, Macroeconomic Balance, Economic Fluctuations
Week 12 - Theoretical
Para, Bankacılık Sistemi, Merkez Bankası ve Para Politikası
Week 13 - Theoretical
Inflation, Unemployment, Economic Growth and Development
Week 14 - Theoretical
International Trade, Foreign Exchange Markets, Balance of Payments
Assessment Methods and Criteria
Type of AssessmentCountPercent
Attending Lectures1%5
Quiz1%5
Midterm Examination1%30
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory141242
Individual Work101120
Quiz1213
Midterm Examination1415
Final Examination1415
TOTAL WORKLOAD (hours)75
Contribution of Learning Outcomes to Programme Outcomes
PÇ-1
PÇ-2
PÇ-3
PÇ-4
PÇ-5
PÇ-6
PÇ-7
PÇ-8
PÇ-9
PÇ-10
PÇ-11
PÇ-12
PÇ-13
PÇ-14
OÇ-1
5
3
2
3
2
OÇ-2
5
4
4
4
2
OÇ-3
5
3
4
5
2
OÇ-4
5
4
4
3
3
OÇ-5
5
5
4
3
4
Adnan Menderes University - Information Package / Course Catalogue
2026