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

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 06PO 07PO 08PO 09PO 10PO 11PO 12PO 13PO 14
LO 00121211212121212
LO 00221212121212121
LO 00312211111111111
Sub Total54634444444444
Contribution11101111111111

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
ActivitiesQuantityDuration (Hour)Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)14342
Mid-terms133
Final examination177
Presentation / Seminar Preparation326
Report / Project21020
Total Work Load

ECTS Credit of the Course






78

COURSE DETAILS
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L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes