MEKO 101 | Course Introduction and Application Information

Course Name
Microeconomics
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
MEKO 101
Fall
3
0
3
4

Prerequisites
None
Course Language
Turkish
Course Type
Required
Course Level
Short Cycle
Course Coordinator -
Course Lecturer(s)
Assistant(s) -
Course Objectives This course aims to provide students with the basic knowledge of micro and market economics nd to improve their ability to analyze various economic approaches.
Learning Outcomes The students who succeeded in this course;
  • will be able to explain the basic features of economy,
  • will be able to analyze consumer behavior,
  • will be able to analyze the behaviors of producers,
  • will be able to explain the changes in the market equilibrium,
  • will be able to distinguish the differences in market structure.
Course Description The student will be able to express the basic concepts of economics, apply economic analysis methods and analyze the features of economic systems.

 



Course Category

Core Courses
Major Area Courses
X
Supportive Courses
Media and Management Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Related Preparation
1 Course Description, Introduction, Course Content and the meaning of the economy. Chapter 1: Güncel Örneklerle Mikro Ekonomi, Mahfi Eğilmez, 2017, ISBN: 9751416902.
2 Overview of the Market Economy Chapter 1-2: Güncel Örneklerle Mikro Ekonomi, Mahfi Eğilmez, 2017, ISBN: 9751416902.
3 Price Mechanism: Demand, Supply and Price Chapter 1: Güncel Örneklerle Mikro Ekonomi, Mahfi Eğilmez, 2017, ISBN: 9751416902.
4 Elasticities, Government Controls on Prices Chapter 3: Güncel Örneklerle Mikro Ekonomi, Mahfi Eğilmez, 2017, ISBN: 9751416902.
5 Consumer Behavior Theory Chapter 3: Güncel Örneklerle Mikro Ekonomi, Mahfi Eğilmez, 2017, ISBN: 9751416902.
6 Production and Costs Chapter 4: Güncel Örneklerle Mikro Ekonomi, Mahfi Eğilmez, 2017, ISBN: 9751416902.
7 Production and Costs Chapter 5: Güncel Örneklerle Mikro Ekonomi, Mahfi Eğilmez, 2017, ISBN: 9751416902.
8 Equilibriums - MID TERM Chapter 5: Güncel Örneklerle Mikro Ekonomi, Mahfi Eğilmez, 2017, ISBN: 9751416902.
9 Perfect Competition and Invisible Hand Chapter 6: Güncel Örneklerle Mikro Ekonomi, Mahfi Eğilmez, 2017, ISBN: 9751416902.
10 Monopolistic Markets Chapter 7: Güncel Örneklerle Mikro Ekonomi, Mahfi Eğilmez, 2017, ISBN: 9751416902.
11 Monopolistic Competition - Oligopoly Market Chapter 7: Güncel Örneklerle Mikro Ekonomi, Mahfi Eğilmez, 2017, ISBN: 9751416902.
12 Factor Markets and Income Distribution Chapter 7: Güncel Örneklerle Mikro Ekonomi, Mahfi Eğilmez, 2017, ISBN: 9751416902.
13 Factor Markets and Income Distribution Chapter 8: Güncel Örneklerle Mikro Ekonomi, Mahfi Eğilmez, 2017, ISBN: 9751416902.
14 Government Intervention and Taxation Chapter 8: Güncel Örneklerle Mikro Ekonomi, Mahfi Eğilmez, 2017, ISBN: 9751416902.
15 Government Intervention and Taxation Chapter 8: Güncel Örneklerle Mikro Ekonomi, Mahfi Eğilmez, 2017, ISBN: 9751416902.
16 FINAL

 

Course Notes/Textbooks

Coursebook: Güncel Örneklerle Mikroekonomi – Dr.Mahfi Eğilmez, 2017, ISBN: 9751416902.

Additional Resource: Örneklerle Kolay Ekonomi – Dr.Mahfi Eğilmez, 2018, ISBN: 978-9751416117.

Suggested Readings/Materials

Presentations and Notes of Instructor

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
14
10
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Homework / Assignments
Presentation / Jury
Project
Seminar / Workshop
Oral Exams
Midterm
1
40
Final Exam
1
50
Total

Weighting of Semester Activities on the Final Grade
16
60
Weighting of End-of-Semester Activities on the Final Grade
1
40
Total

ECTS / WORKLOAD TABLE

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
2
Study Hours Out of Class
Field Work
Quizzes / Studio Critiques
Homework / Assignments
Presentation / Jury
Project
Seminar / Workshop
Oral Exam
Midterms
1
10
Final Exam
1
15
    Total
105

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1

To be able to explain the economic situations by analyzing the concepts of the economic, the general functioning of the system and the relationship between the elements of the system and the economic phenomena

X
2

To be able to discuss the role, importance and functions of the institutions providing banking and insurance services in the economic system

3

To be able to apply the principles and methods related to the services and products offered by banking and insurance companies considering the types of these companies

4

To be able to define the risk factor which is an important element of the financial system and  to use the financial instruments to manage the risk and benefit form the opportunities

5

To be able to develop the skills necessary for marketing and sales of financial products

X
6

To have the general knowledge about laws and specific legislation about bank, insurance, capital markets and foreign exchange

7

To be able to analyze financial statements like balance sheet and income statement and to be able to register, correct and close the financial transactions in the related accounting records within the accounting cycle

8

To be able to develop the analytical thinking skills required for the solution of professional problems and applies the rules of mathematics and logic

9

To be able to make decisions based on the principles of professional ethics, accountability and responsibility

10

To be able to use the english at the general level of European Language Portfolio A2 to communicate effectively with his / her colleagues and to follow up necessary professional sources in his/her field

11

To have the ability to work effectively in individual and multi-disciplinary teams and to use them in their work environment

12

To have a broad perspective on social and academic aspects by closely following the developments in various different subjects in or out of the scope of his/her profession

X
13

To be able to direct his/her education to a further level of education

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest