Information Package / Course Catalogue
Introduction to Economy
Course Code: REM309
Course Type: Required
Couse Group: First Cycle (Bachelor's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 4
Objectives of the Course

The aim of this course is to understand the concept and content of the economy, to define the production and consumption and to understand the effects of the structure and power of the countries, to understand the general types of markets, to explain the basic concepts, supply and demand, concepts, the factors affecting supply and demand.

Course Content

General knowledge on economy, production and consumption, demand and supply

Name of Lecturer(s)
Prof. Berrin GÜZEL
Learning Outcomes
1.To contribute to the understanding of supply-demand concept and affecting factors
2.Understanding how markets work
3.Understanding the functioning of perfect competition, monopoly and oligopoly markets and developing the ability to compare.
4.Having information about how the price is formed in the markets
5.To be able to understand information about how the problems in the markets can be solved.
Recommended or Required Reading
1.Dinler, Z. (2019). İktisada Giriş
2.Ertek, T. (2019). Temel Ekonomi
3.Parasız, İ. (2018). İktisadın ABC’si
Weekly Detailed Course Contents
Week 1 - Theoretical
General concepts on economy and scarcity
Week 2 - Theoretical
Production and consumption
Week 3 - Theoretical
Supply factors
Week 4 - Theoretical
Demand factors
Week 5 - Theoretical
Demand and supply elasticity
Week 6 - Theoretical
Consumption
Week 7 - Theoretical
Production
Week 8 - Theoretical
Costs and business
Week 9 - Theoretical
Markets and types
Week 10 - Theoretical
Markets and types
Week 11 - Theoretical
Perfect competition market
Week 12 - Theoretical
Monopoly market
Week 13 - Theoretical
Oligopoly market
Week 14 - Theoretical
Monopolistically competitive market
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory141356
Midterm Examination116117
Final Examination120121
TOTAL WORKLOAD (hours)94
Contribution of Learning Outcomes to Programme Outcomes
PÇ-1
PÇ-2
PÇ-3
PÇ-4
PÇ-5
OÇ-1
5
5
2
1
1
OÇ-2
5
5
2
1
1
OÇ-3
5
5
2
1
1
OÇ-4
5
5
2
1
1
OÇ-5
5
5
2
1
1
Adnan Menderes University - Information Package / Course Catalogue
2026