Information Package / Course Catalogue
Economics
Course Code: REH301
Course Type: Area Elective
Couse Group: First Cycle (Bachelor's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 2
Prt.: 0
Credit: 2
Lab: 0
ECTS: 4
Objectives of the Course

The aim of the lesson is to build up the students’ abilities of understanding and making analysis about the subjects of macroeconomy and microeconomy at the undergraduate degree.

Course Content

The content of the course comprises basic concepts, such microeconomic subjects as price theory, markets and such macroeconomic subjects as national income, inflation, economic growth, monetary policy, balance of international payments.

Name of Lecturer(s)
Res. Assist. Hüseyin Erhan ALTUN
Learning Outcomes
1.To be able to recognize the basic economical concepts and principles,
2.To be able to debate on economical subjects,
3.To be able to analyse the process of market mechanism,
4.To be able to explain the economical cases and problems narrated at daily speeches in economical literature language
5.Be able to understand and evaluate the structure and principle of theory macroeconomy
Recommended or Required Reading
1.Dinler, Z. (2011). İktisada Giriş, Ekin Kitapevi Yayınları, Bursa.
2.Ünlüönen, K ve Tayfun, A (2005), Ekonomi, Nobel Yayın Dağıtım, Ankara.
3.Ertek, T., (2005), Makro Ekonomiye Giriş, Beta Basım Yayım Dağıtım A,Ş. Istanbul.
Weekly Detailed Course Contents
Week 1 - Theoretical
Definition and Importance of Science in Economics, basic concepts
Week 2 - Theoretical
Targets of Each economy, Full Use Problem, Effective Usage Problem, increase the amount of goods and services produced, Economic Systems
Week 3 - Theoretical
Demand, Law of Demand, Price Elasticity of Demand, Income Elasticity of Demand, Factors Affecting the Price Elasticity of Demand
Week 4 - Theoretical
Supply, Supply Act, Supply Flexibility, Factors Affecting Supply Flexibility, Market, Market Types, Perfect Competition Market, Perfectly Competitive Market Properties, Fully Competitive Market Equilibrium
Week 5 - Theoretical
Producer Theory and Costs, Production, Production Function And Features, Law of Diminishing Returns and the reasons of arise, Costs, Short-Term Costs, Long -Term Costs, Economies of Scale
Week 6 - Theoretical
Price Theory, Company Balance Profit or Maximization, Perfect Competition Market and Company Balance
Week 7 - Theoretical
Monopoly Market, Monopoly Firm's Short-and Long-Run Equilibrium
Week 8 - Theoretical
Monopolistic Competitive Market, Oligopol market
Week 9 - Theoretical
Internal and External Debt, Budget deficits and public debts Balance
Week 10 - Theoretical
National Income and Calculation Methods, Money Theory, Definition and functions of money, Types of Money
Week 11 - Theoretical
Balance of Payments, causes of the Balance of Payments deficits, Foreign Exchange Market, Exchange Rate Systems, Devaluation
Week 12 - Theoretical
Economic growth, Measurement of Economic Growth, Inflation, Definition and types of inflation, Measurement of inflation (PPI, CPI), The effects of inflation on the economy, The fight against inflation
Week 13 - Theoretical
Employment and Unemployment
Week 14 - Theoretical
Introduction to behavioral economics
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory141356
Reading141128
Midterm Examination19110
Final Examination19110
TOTAL WORKLOAD (hours)104
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
PÇ-15
PÇ-16
OÇ-1
5
5
5
3
3
5
2
5
2
4
3
5
5
4
5
3
OÇ-2
5
5
5
3
3
5
2
5
2
4
3
5
5
4
5
3
OÇ-3
5
5
5
3
3
5
2
5
2
4
3
5
5
4
5
3
OÇ-4
5
5
5
3
3
5
2
5
2
4
3
5
5
4
5
3
OÇ-5
5
5
5
3
3
3
2
5
2
2
3
5
5
5
5
3
Adnan Menderes University - Information Package / Course Catalogue
2026