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  1. Course Structure Diagram with Credits
  2. Introduction to Economics I
  3. Description
  • Description
  • Learning Outcomes
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Last Updated: 27/03/2015

Code - Course Title Course Type Laboratory + Practice ECTS
İKT107 - Introduction to Economics I III. SEMESTER 4 +0 6.0
Language of Instruction Türkçe
Course Type Elective Courses
Course Instructor(s) PROF. DR. BURHAN DOĞAN
Mode of Delivery The mode of delivery of this course is Face to face
Place of Delivery
Used Educational Platforms
Prerequisites There is no prerequisite or co-requisite for this course.
Courses Recomended None
Recommended Resources The instructor will provide a course pack(bulk pack) with all suggested readings
Work Placement N/A
Aims of the Course

Weeks Learning Outcomes Topics Teaching Methods
Week - 1 What is economics?, The science of economics, Departments of economics, The basic method of economics, the economic problem
Week - 2 Scarcity, Choice and Utility, Alternative cost, Alternative economic systems
Week - 3 Demand, Supply and Price, Demand curve, Supply curve, Determination of price by demand and supply
Week - 4 Elasticity, Price elasticity of demand, other demand elasticities, Elasticity of supply, Determinants of supply and demand elasticity
Week - 5 Elasticity, Price elasticity of demand, other demand elasticities, Elasticity of supply, Determinants of supply and demand elasticity (continued from last week)
Week - 6 Production and costs, Production in short run, Production in long run, Costs in the short, long and very long run, Cost curves
Week - 7 Markets and pricing, Competitive markets, The theory of perfect competition, Short run and long run equilibrium
Week - 8 Monoply, A single price monopolist and short-long run monopoly equilibrium, Multiprice monopolist, Price discrimination
Week - 9 Monoply, A single price monopolist and short-long run monopoly equilibrium, Multiprice monopolist, Price discrimination (continued from last week)
Week - 10 Imperfect competition, The theory of monopolistic competition, Charasteristics of oligopoly
Week - 11 Factor markets, Labor markets, Lbor demand, Labor supply, Labor market equilibrium, Land, Capital and Enterpreneurship.
Week - 12 Knowledge economics, Research economics, Public goods, Externalities
Week - 13 Knowledge economics, Research economics, Public goods, Externalities (continued from last week)

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Assessment Method and Passing Requirements
Quamtity Percentage (%)
1.Midterm Exam 1 25
Final Exam 1 50
2.Midterm Exam 1 25
Toplam (%) 100

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