| Course Name |
Introduction to Economics
|
|
Code
|
Semester
|
Theory
(hour/week) |
Application/Lab
(hour/week) |
Local Credits
|
ECTS
|
|
MBS 103
|
Fall
|
3
|
0
|
3
|
5
|
| Prerequisites |
None
|
|||||
| Course Language | ||||||
| Course Type |
Required
|
|||||
| Course Level |
Short Cycle
|
|||||
| Mode of Delivery | - | |||||
| Teaching Methods and Techniques of the Course | Q&ALecture / Presentation | |||||
| National Occupation Classification | - | |||||
| Course Coordinator | ||||||
| Course Lecturer(s) | ||||||
| Assistant(s) | - | |||||
| Course Objectives | |
| Learning Outcomes |
The students who succeeded in this course;
|
| Course Description | This course covers basic concepts of economics, supply and demand mechanism, market structures, national income, inflation, unemployment, the banking system, economic policies, and foreign trade. |
| Related Sustainable Development Goals |
|
|
|
Core Courses |
X
|
| Major Area Courses | ||
| Supportive Courses | ||
| Media and Management Skills Courses | ||
| Transferable Skill Courses |
| Week | Subjects | Related Preparation |
| 1 | Introduction to Economics and Basic Concepts | Eğilmez, Mahfi (2022). Güncel Örneklerle Mikro Ekonomi, Remzi Kitabevi. ISBN: 9789751416902. Chapter 1 |
| 2 | Scarcity, Choice, Opportunity Cost, and Economic Systems | Eğilmez, Mahfi (2022). Güncel Örneklerle Mikro Ekonomi, Remzi Kitabevi. ISBN: 9789751416902. Chapter 2 |
| 3 | Supply, Demand, and Market Equilibrium | Eğilmez, Mahfi (2022). Güncel Örneklerle Mikro Ekonomi, Remzi Kitabevi. ISBN: 9789751416902. Chapter 3 |
| 4 | Price Mechanism and Government Interventions | Eğilmez, Mahfi (2022). Güncel Örneklerle Mikro Ekonomi, Remzi Kitabevi. ISBN: 9789751416902. Chapter 4 |
| 5 | Consumer and Producer Behavior | Eğilmez, Mahfi (2022). Güncel Örneklerle Mikro Ekonomi, Remzi Kitabevi. ISBN: 9789751416902. Chapter 5 |
| 6 | Production, Costs, and Types of Firms | Eğilmez, Mahfi (2022). Güncel Örneklerle Mikro Ekonomi, Remzi Kitabevi. ISBN: 9789751416902. Chapter 6 |
| 7 | Market Structures and Competition | Eğilmez, Mahfi (2022). Güncel Örneklerle Mikro Ekonomi, Remzi Kitabevi. ISBN: 9789751416902. Chapter 7 |
| 8 | MIDTERM EXAM | |
| 9 | Introduction to Macroeconomics and Basic Indicators | Eğilmez. M (2018). Makroekonomi: Türkiye’den Örneklerle, Remzi Yayınevi, ISBN: 9789751413666. Chapter 1 |
| 10 | National Income, Economic Growth, and Development | Eğilmez. M (2018). Makroekonomi: Türkiye’den Örneklerle, Remzi Yayınevi, ISBN: 9789751413666. Chapter 2 |
| 11 | Unemployment, Inflation, and Income Distribution | Eğilmez. M (2018). Makroekonomi: Türkiye’den Örneklerle, Remzi Yayınevi, ISBN: 9789751413666. Chapter 5-6 |
| 12 | Money, Banking System, and Financial Structure | Eğilmez. M (2018). Makroekonomi: Türkiye’den Örneklerle, Remzi Yayınevi, ISBN: 9789751413666. Chapter 7 |
| 13 | Fiscal Policy and Monetary Policy | Eğilmez. M (2018). Makroekonomi: Türkiye’den Örneklerle, Remzi Yayınevi, ISBN: 9789751413666. Chapter 8-9 |
| 14 | Foreign Trade, Globalization, and Exchange Rates | Eğilmez. M (2018). Makroekonomi: Türkiye’den Örneklerle, Remzi Yayınevi, ISBN: 9789751413666. Chapter 10 |
| 15 | Turkish Economy and Current Economic Developments | Eğilmez. M (2018). Makroekonomi: Türkiye’den Örneklerle, Remzi Yayınevi, ISBN: 9789751413666. Chapter 11 |
| 16 | FINAL EXAM |
| Course Notes/Textbooks | |
| Suggested Readings/Materials |
| Semester Activities | Number | Weigthing |
| Participation |
1
|
10
|
| Laboratory / Application | ||
| Field Work | ||
| Quizzes / Studio Critiques |
1
|
15
|
| Portfolio | ||
| Homework / Assignments | ||
| Presentation / Jury | ||
| Project | ||
| Seminar / Workshop | ||
| Oral Exams | ||
| Midterm |
1
|
35
|
| Final Exam |
1
|
40
|
| Total |
| Weighting of Semester Activities on the Final Grade |
3
|
60
|
| Weighting of End-of-Semester Activities on the Final Grade |
1
|
40
|
| Total |
| Semester Activities | Number | Duration (Hours) | Workload |
|---|---|---|---|
| Theoretical Course Hours (Including exam week: 16 x total hours) |
16
|
3
|
48
|
| Laboratory / Application Hours (Including exam week: '.16.' x total hours) |
16
|
0
|
|
| Study Hours Out of Class |
14
|
3
|
42
|
| Field Work |
0
|
||
| Quizzes / Studio Critiques |
1
|
10
|
10
|
| Portfolio |
0
|
||
| Homework / Assignments |
0
|
||
| Presentation / Jury |
0
|
||
| Project |
0
|
||
| Seminar / Workshop |
0
|
||
| Oral Exam |
0
|
||
| Midterms |
1
|
22
|
22
|
| Final Exam |
1
|
28
|
28
|
| Total |
150
|
|
#
|
Program Competencies/Outcomes |
* Contribution Level
|
|||||
|
1
|
2
|
3
|
4
|
5
|
|||
| 1 |
To be able to develop themselves in the subjects of obtaining the financial resources necessary for the activities of individuals and enterprises under the most favorable conditions and examining the use of the accumulated funds. |
-
|
-
|
X
|
-
|
-
|
|
| 2 |
To be able to discuss the role, importance and functions of the institutions providing banking and insurance services in the economic system |
-
|
-
|
X
|
-
|
-
|
|
| 3 |
To be able to evaluate the organizational structure, business processes, and service portfolios of banks, insurance companies, and other financial institutions operating in the sector. |
-
|
-
|
-
|
-
|
-
|
|
| 4 |
To be able to develop skills in identifying, measuring, and assessing financial and operational risks, and to acquire fundamental knowledge to understand and apply insurance products against these risks. |
-
|
-
|
-
|
-
|
-
|
|
| 5 |
To be able to recognize financial products offered in the banking and insurance sector, and to gain skills in effective marketing and sales, as well as managing long-term customer relationships. |
-
|
-
|
-
|
-
|
-
|
|
| 6 |
To be able to possess basic legal knowledge and closely monitor legislative changes relevant to the field. |
-
|
-
|
-
|
-
|
-
|
|
| 7 |
To be able to possess basic knowledge of accounting and analyze financial statements to evaluate the financial status of businesses. |
-
|
-
|
-
|
-
|
-
|
|
| 8 |
To be able to follow technological innovations in the financial sector and acquire knowledge about the role of blockchain and artificial intelligence applications in the industry. |
-
|
-
|
-
|
-
|
-
|
|
| 9 |
To be able to make decisions based on the principles of professional ethics, accountability and responsibility |
-
|
-
|
-
|
-
|
-
|
|
| 10 |
To be able to follow international financial markets and global economic indicators by using English at least at the A2 level of the "European Language Portfolio" |
-
|
-
|
-
|
-
|
-
|
|
| 11 |
To be able to analyze and interpret banking and insurance data, and to develop data-driven strategies for financial decision-making. |
-
|
-
|
-
|
-
|
-
|
|
| 12 |
To be able to acquire knowledge about the components of national and international systems and the implementation of sector policies. |
-
|
-
|
-
|
-
|
-
|
|
| 13 |
To be able to direct his/her education to a further level of education |
-
|
-
|
X
|
-
|
-
|
|
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest
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