Information Package / Course Catalogue
Economics I
Course Code: BYY103
Course Type: Required
Couse Group: Short Cycle (Associate's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 2
Prt.: 0
Credit: 2
Lab: 0
ECTS: 3
Objectives of the Course

To emphasize the importance of the economy, to explain the basic economic concepts, to explain and discuss the current economic issues.

Course Content

Basic Concepts Related to the Economy -The Basic Problems and Economical Systems Compared to Every Economy -Politics Concept and Market Varieties -Price Theory -The Consumption Theory -Production Theory -Production Costs -The Equilibrium in Perfect Competition Market -The Balance in the Monopoly Market

Name of Lecturer(s)
Ins. Gültekin BAYSAL
Learning Outcomes
1. To recognize economic problems.
2. To gain the ability to analyze economic problems.
3. To be able to analyze graphically, numerically and verbally the relations between economic variables.
4.To be able to interpret daily economic events.
5.To have knowledge about basic concepts of economy.
Recommended or Required Reading
1.Economics, Kurban Ünlüonen, Ahmet Tayfun, Nobel Publishing House.
Weekly Detailed Course Contents
Week 1 - Theoretical
The scope and the reason of the course, description of resources that can be utilized
Week 2 - Theoretical
The main concept of economic science
Week 3 - Theoretical
The problems of all of the economics, production facilities, opportunity cost and the economy sytems
Week 4 - Theoretical
The concept of market and types of market
Week 5 - Theoretical
The concept of supply and demand, changes in supply and demand
Week 6 - Theoretical
Market equilibrium and price formation, a change in the equilibrium price, market equilibrium and time
Week 7 - Theoretical
Market equilibrium and price formation, a change in the equilibrium price, market equilibrium and time
Week 8 - Theoretical
Market equilibrium and price formation, a change in the equilibrium price, market equilibrium and time, (Midterm exam evaluation)
Week 9 - Theoretical
Demand and supply elasticities
Week 10 - Theoretical
Consumer preferences, utility, consumer equilibrium and utility maximization
Week 11 - Theoretical
The production and the cost
Week 12 - Theoretical
The concept of cost, short and long-term costs
Week 13 - Theoretical
The function of production in long term, the scale economy
Week 14 - Theoretical
Factor Markets and Income Distribution
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory140228
Assignment100220
Individual Work150115
Midterm Examination1516
Final Examination1516
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
OÇ-1
5
3
4
2
2
2
2
1
1
OÇ-2
5
3
3
1
3
2
1
1
1
OÇ-3
5
3
4
2
3
3
1
1
1
OÇ-4
5
4
4
5
5
4
3
2
1
OÇ-5
5
4
4
5
5
4
3
2
1
Adnan Menderes University - Information Package / Course Catalogue
2026