Information Package / Course Catalogue
| Course Code | : UTIF202 |
| 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 |
The course aims to introduce students to the fundamental concepts in economics and to provide a way of understanding how the economic units such as firms and households decide to allocate their limited resources among alternatives uses to maximize their profits and utilities.
Demand, Supply, Price and Income, Cost and Production, Competitive Markets, Monopoly, Imperfect Markets, Production Factor Markets, Welfare Economics, General Equilibrium topics are explained. .
| 1. | By using basic economic concepts such as production, cost, revenue, marginal utility, budged constraint it explains and interprets utility and profit maximization |
| 2. | Identify causes for changes in supply and demand for goods and predict the consequences of the changes on market outcomes. |
| 3. | Demonstrate an understanding of economic theories of households and firms behavior, which it is a necessary for understanding of a society. |
| 4. | Identify different markets such as perfect competitive , oligopoly, monopoly markets and the behavior of firms in those markets. |
| 5. | Recognize and analyze the society choices. |
| Type of Assessment | Count | Percent |
|---|---|---|
| Quiz | 1 | %10 |
| Assignment Examination | 1 | %10 |
| Midterm Examination | 1 | %20 |
| Final Examination | 1 | %60 |
| Activities | Count | Preparation | Time | Total Work Load (hours) |
|---|---|---|---|---|
| Lecture - Theory | 14 | 2 | 3 | 70 |
| Midterm Examination | 1 | 25 | 1 | 26 |
| Final Examination | 1 | 25 | 1 | 26 |
| TOTAL WORKLOAD (hours) | 122 | |||