COURSE INFORMATION
Course CodeCourse TitleL+P HourSemesterECTS
EKON 101INTRUDUCTION TO ECONOMICS - I3 + 01st Semester5

COURSE DESCRIPTION
Course Level Bachelor's Degree
Course Type Compulsory
Course Objective The course aims to introduce students to the fundamental concepts in economics and to provide a way of understanding how the economic units such as firms and households decide to allocate their limited resources among alternatives uses to maximize their profits and utilities.
Course Content Demand, Supply, Price and Income, Cost and Production, Competitive Markets, Monopoly, Imperfect Markets, Production Factor Markets, Welfare Economics, General Equilibrium topics are explained. .
Prerequisites No the prerequisite of lesson.
Corequisite No the corequisite of lesson.
Mode of Delivery Face to face

COURSE LEARNING OUTCOMES
1By using basic economic concepts such as production, cost, revenue, marginal utility, budged constraint it explains and interprets utility and profit maximization
2Identify causes for changes in supply and demand for goods and predict the consequences of the changes on market outcomes.
3Demonstrate an understanding of economic theories of households and firms behavior, which it is a necessary for understanding of a society.
4Identify different markets such as perfect competitive , oligopoly, monopoly markets and the behavior of firms in those markets.
5Recognize and analyze the society choices.
6Locate, use and interpret economic data for industry analyzes.
7Identify the optimal time for a firm to enter and to exist the industry.
8Use the knowledge of microeconomic concepts to maximize profit and/or minimize cost.

COURSE'S CONTRIBUTION TO PROGRAM
PO 01PO 02PO 03PO 04PO 05PO 06
LO 01454344
LO 02455354
LO 03455234
Sub Total12151481212
Contribution222122

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
ActivitiesQuantityDuration (Hour)Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)14342
Hours for off-the-classroom study (Pre-study, practice)14570
Assignments155
Mid-terms155
Final examination188
Total Work Load

ECTS Credit of the Course






130

5

COURSE DETAILS
 Select Year   


 Course TermNoInstructors
Details 2020-2021 Fall15FİLİZ YEŞİLYURT

Course Details
Course Code:  EKON 101 Course Title:  INTRUDUCTION TO ECONOMICS - I
L+P Hour : 3 + 0   Course Code : 15   Language Of Instruction: Turkish Course Semester :  2020-2021 Fall
Course Coordinator :  PROFESSOR FİLİZ YEŞİLYURT E-Mail:  afiliz@pau.edu.tr Phone Number : 
Course Location İİBF AB116,
Goals : The course aims to introduce students to the fundamental concepts in economics and to provide a way of understanding how the economic units such as firms and households decide to allocate their limited resources among alternatives uses to maximize their profits and utilities.
Content : Demand, Supply, Price and Income, Cost and Production, Competitive Markets, Monopoly, Imperfect Markets, Production Factor Markets, Welfare Economics, General Equilibrium topics are explained. .
Attendance : %60
Topics
WeeksTopics
1 The tools of economics analysis,
2 Market Equilibrium: Demand, supply
3 Market Equilibrium: Demand, supply
4 The price elasticity of supply and demand
5 Economic Efficiency and the role of the Government
6 The theory of consumer choice
7 The theory of producer choice
8 Cost and production
9 Perfectly competitive market
10 Midterm
11 Monopoly market and the other imperfect competition markets
12 Monopoly market and the other imperfect competition markets
13 Market structure and imperfect competition
14 Income distribution
Materials
Materials are not specified.
Resources
ResourcesResources Language
Modern Mikroekonomiye Giriş , A. Yasemin Yalta, A. Talha YaltaTürkçe
Course Assessment
Assesment MethodsPercentage (%)Assesment Methods Title
Final Exam60Final Exam
Midterm Exam40Midterm Exam
L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes
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