Download Economics

ÇAĞ UNIVERSITY
FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES
Code
Course Title
Credit
ECO 105
Economics
3 (3-0-0)
Prerequisites
None
Language of Instruction
Mode of Delivery
English
Face to face
Type and Level of Course
Compulsory/First Year/Fall Semester
Lecturers
Name(s)
Lecture Hours
Office Hours
Contacts
ECTS
7
Assoc. Prof. Dr. Soner Öğüt
Wed. 09-12
Monday 10-12 [email protected]
Provide students with a thorough understanding of elementary microeconomics.
Relationship
Students who have completed the course successfully should be able to
Prog.
Net
Output
Effect
1
Define economics and distinguish between microeconomics and macroeconomics.
5
4
2
Define the production possibilities and calculate opportunity cost.
5
4
3
Describe a competitive market; the influences on demand and supply.
7
4
4
Explain how demand and supply determine prices and quantities bought and sold.
8
4
5
Define, calculate, and explain the factors that influence the price elasticities of
7
3
demand and supply.
6
Describe preferences using the concept of utility; distinguish between total utility and
5
4
marginal utility.
7
Describe a household’s budget line and show how it changes when prices or income
5
3
changes.
8
Use indifference curves to map preferences and explain the principle of diminishing
5
4
marginal rate of substitution.
Course Description: The course is designed to provide the students with basic concepts of microeconomics. Define
economics and economic problems faced in everyday life ;covering scarcity and making choices; supply and demand; price
determination and market equilibrium; elasticity; production and cost concepts; market structures.
Course Contents:( Weekly Lecture Plan )
Weeks
Topics
Preparation
Teaching Methods
1
INTRODUCTION
…….
Lecture and Discussion
2
What is Economics?
Ch 1
Power Point Presentation
3
The Economic Problem
Ch 2
Lecture and Discussion
4
Demand and Supply
Ch 3
Power Point Presentation
5
Utility and Demand
Ch 8
Power Point Presentation
6
Output and Costs
Ch 11
Lecture and Discussion
7
Perfect Competition
Ch 12
Power Point Presentation
8
Monopoly,Monp.Competition,Oligopoly
Ch 13.14,15
Lecture and Discussion
9
Review
……..
Lecture and Discussion
10
Measuring GDP and Economic Growth
Ch.21
Power Point Presentation
11
Monitoring Jobs and Inflation
Ch.22
Lecture and Discussion
12
Economic Growth
Ch.23
Power Point Presentation
13
Money, the Price Level, and Inflation
Ch.25
Lecture and Discussion
14
Review
……..
REFERENCES
Textbook
Economics, Michael PARKIN, Pearson-Addison Wesley, 9th ed.,2010.
Course Notes
The textbook
Recommended Reading
Subscription to a weekly economics periodical
Material Sharing
Solving of Chapterr-End Problems and Presentation Slides
ASSESSMENT METHODS
Activities
Number
Effect
Notes
Midterm Exam
1
40%
Effect of The Final Exam
60%
ECTS TABLE
Contents
Number
Hours
Total
Hours in Classroom
14
3
42
Hours out Classroom
14
3
42
Homeworks
2
8
16
Project
1
20
20
Implementation
4
4
16
Quizzes
4
1
4
Midterm Exam
1
25
25
Final Exam
1
35
35
Total
200
Total / 30
=200/30=6,66
ECTS Credit
7
Learning Outcomes of the Course
Course Coordinator
Course Objective
RECENT PERFORMANCE