Information Package / Course Catalogue
Economics and Psychology
Course Code: ECON317
Course Type: Area Elective
Couse Group: First Cycle (Bachelor's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 5
Objectives of the Course

Introduce the basic principles of economics and psychology and to show how these two fields intersect and complement each other. Convey the role and effects of psychological factors in economic decision-making processes.

Course Content

This course covers the basic concepts, history and evolution of economics and psychology, economic psychology, consumer and firm behavior, entrepreneurship, saving, unemployment psychology, emotions, motivation and rewards, tax psychology, behavioral change and evolutionary psychology.

Name of Lecturer(s)
Res. Assist. Sidre Gül Bige GÖCEKLİ
Learning Outcomes
1.Explain the basic principles of economics and psychology and how these two fields intersect.
2.Analyze the psychological fundamentals of consumer and firm behavior and the economic effects of these behaviors.
3.Explain the role and effects of emotions in economic decision-making processes.
4.Discuss the psychological factors in the processes of saving and unemployment and the economic consequences of these factors.
5.Explain the psychological bases of tax paying, borrowing and charitable behavior and the economic consequences of these behaviors.
Recommended or Required Reading
1.Müslüm Basılgan, (2021). İktisadi Psikoloji 1: Mikro İktisadi Davranışların Psikolojik Boyutu. Divan Kitap.
2.Müslüm Basılgan, (2021). İktisadi Psikoloji 1: Mikro İktisadi Davranışların Psikolojik Boyutu. Divan Kitap.
3.Doğan Cüceloğlu, (2023). İnsan ve Davranışı: Psikolojinin Temel Kavramları. Remzi Kitabevi.
4.Kemal Sayar, Mehmet Dinç, (2023). Psikolojiye Giriş. Dem Yayınları
5.Alan Lewis, (2018). The Cambridge Handbook of Psychology and Economic Behaviour. Cambridge University Press
Weekly Detailed Course Contents
Week 1 - Theoretical
Introduction to Economics and Psychology
Week 2 - Theoretical
Human Concept in Economics and Psychology
Week 3 - Theoretical
Theoretical Overview of the Science of Psychology and its Development
Week 4 - Theoretical
Emotions and Motivation
Week 5 - Theoretical
Behavior in Economics and Psychology
Week 6 - Theoretical
Theory and Method in Economics and Psychology
Week 7 - Theoretical
Relationship between Economics and Psychology: A General Review
Week 8 - Theoretical
Consumer Behavior in Economics and Psychology
Week 9 - Theoretical
Firm Behavior in Economics and Psychology
Week 10 - Theoretical
Psychology of Saving
Week 11 - Theoretical
Psychology of Unemployment
Week 12 - Theoretical
Psychology of Inflation
Week 13 - Theoretical
Psychology of Money
Week 14 - Theoretical
Tax Psychology
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%20
Final Examination1%60
Quiz2%20
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory143384
Quiz24110
Midterm Examination110313
Final Examination120323
TOTAL WORKLOAD (hours)130
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
4
4
3
3
3
2
3
2
3
3
OÇ-2
3
4
4
3
4
3
3
2
3
3
OÇ-3
3
3
4
3
4
4
3
2
3
3
OÇ-4
3
3
3
4
4
3
3
2
3
3
OÇ-5
3
3
3
4
4
4
3
3
3
4
Adnan Menderes University - Information Package / Course Catalogue
2026