Information Package / Course Catalogue
| Course Code | : MUH001 |
| 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 | : 4 |
Understanding the equilibrium conditions relating to individual economic units and the economy as a whole, comprehending the economic process, explaining the causes and consequences of international trade relations, and examining the dynamics of the economic growth process.
Basic Concepts in Microeconomics: needs, goods and services, consumption, production, factors of production, and economic units. Price Theory: Supply and demand. Consumer Theory: Indifference curves, budget line, marginal rate of substitution, consumer equilibrium, and changes in consumer equilibrium. Producer Theory: Iso-product curves, iso-cost line, marginal technical rate of substitution, producer equilibrium, and changes in producer equilibrium. Firm equilibrium in perfectly competitive and imperfectly competitive markets.
| 1. | They can explain how the price of any good or service is determined and why that price changes. |
| 2. | It can explain the flow of basic goods, services, and funds in the economy. |
| 3. | This can provide explanatory information about economics being the science of choices, in light of rational choices. |
| 4. | Price theory can also be explained graphically, illustrating how prices change under different supply and demand conditions. |
| 5. | They can make a statement about market equilibrium. |
| 1. | Eğilmez, Mahfi. Easy Economics with Examples, Remzi Kitabevi, Ankara, 2012. |
| 2. | Eğilmez, Mahfi. Türkiye in the Process of Change: A Socio-Economic Assessment from the Ottoman Empire to the Republic, Remzi Kitabevi, Ankara, 2018. |
| 3. | Kalaycıoğlu, Ersin and Ali Yaşar Sarıbay. Political Change and Modernization in Turkey, Dora Publishing, Bursa, 2009. |
| Type of Assessment | Count | Percent |
|---|---|---|
| Presentation | 1 | %5 |
| Term Assignment | 1 | %5 |
| Midterm Examination | 1 | %30 |
| Final Examination | 1 | %60 |
| Activities | Count | Preparation | Time | Total Work Load (hours) |
|---|---|---|---|---|
| Lecture - Theory | 14 | 2 | 2 | 56 |
| Term Project | 1 | 4 | 4 | 8 |
| Presentation | 1 | 2 | 5 | 7 |
| Midterm Examination | 1 | 8 | 8 | 16 |
| Final Examination | 1 | 8 | 5 | 13 |
| TOTAL WORKLOAD (hours) | 100 | |||
PÇ-1 | PÇ-2 | PÇ-3 | PÇ-4 | PÇ-5 | PÇ-6 | PÇ-7 | PÇ-8 | PÇ-9 | PÇ-10 | |
OÇ-1 | 4 | 2 | 2 | 3 | ||||||
OÇ-2 | 1 | 3 | 2 | 3 | ||||||
OÇ-3 | 4 | 2 | 1 | 2 | ||||||
OÇ-4 | 3 | |||||||||
OÇ-5 | 4 | 2 | 3 | |||||||