| Language of Instruction |
Türkçe |
| Course Type |
Area Elective Courses |
| Course Instructor(s) |
DR. ÖĞR. ÜYESİ YUSUF ÜNSAL |
| 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 |
Introduction to Economics II |
| Recommended Reading List |
|
| Assessment methods and criteria |
1 Midterm Exam and 1 Final Exam |
| Work Placement |
None |
| 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. |