| Language of Instruction |
İngilizce |
| Course Type |
Required Courses |
| Course Instructor(s) |
ASSIST. PROF. DR. ALİ BENLİ |
| Mode of Delivery |
Distance Education |
| 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 |
There is no additional reading list for this course apart from the textbook. |
| Assessment methods and criteria |
1 Midterm and 1 Final Exam. |
| Work Placement |
Not Applicable |
| Catalog Content |
Basic Concepts of Economics, What is Economics?; Balancing Choices and Scarcity, How Markets Work?; Market Forces and Competition, Demand and Supply, Changes in Market Equilibrium; Prices and Allocation of Resources; The Theory of Consumer Choice, Budget Constraint and Optimal Choices for Individual Consumers, Elasticity; Production, Cost and Profit, in The Short Run and the Long Run; Market Structures; Revenues and Revenue Curves of Competitive Firms; Monopoly and Imperfect Competition; The Welfare Cost of Monopolies; Factor Markets; Government Policies and Market Efficiency. |