Language of Instruction |
Türkçe |
Course Type |
Required Courses |
Course Instructor(s) |
|
Mode of Delivery |
The mode of delivery of this course is Face to face |
Prerequisites |
There is no prerequisite or co-requisite for this course. |
Courses Recomended |
There is no recommended optional programme component for this course. |
Recommended Reading List |
Any Economics book could be applicable |
Assessment methods and criteria |
1 midterm (test), 1 final (test) |
Work Placement |
N/A |
Catalog Content |
Basic Concepts: Economic activity, Economics as a science; Methodology and Systematic; Production Process: Factors of production; Productivity laws, Types of enterprises; Introduction to Price Theory: Value and utility, Optimal consumer behavior, Demand functions, Various types of demand elasticity; Supply: Cost and revenue functions, Market equilibrium, Determination of the supply curve; Demand and supply; Equilibrium Price and its Functions; Pricing Policies and Market Types; Determination of Equilibrium Price in Perfect Competition; Equilibrium in Monopoly; Imperfect Competition and Price Determination: Rent, Wages, Interest and entrepreneurial income. |