Istanbul Health and Technology University INFORMATION PACKAGE / COURSE CATALOGUE
| Business (English) | |||||
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
Course General Introduction Information
| Course Code: | BUS101 | ||||
| Course Name: | Introduction to Economics | ||||
| Course Semester: | Fall | ||||
| Course Credits: |
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| Language of instruction: | EN | ||||
| Course Requirement: | |||||
| Does the Course Require Work Experience?: | No | ||||
| Type of course: | Necessary | ||||
| Course Level: |
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| Mode of Delivery: | |||||
| Course Coordinator : | Assoc. Prof. FATMA ŞENSOY | ||||
| Course Lecturer(s): | Doç. Dr. Fatma Şensoy | ||||
| Course Assistants: |
Course Purpose and Content
| Course Objectives: | This course deals with basic economic principles that help us understand the process of decision making by consumers, firms and society. |
| Course Content: | In this course, as an introduction, basic topics such as economic event, the parties of the economic event, their behavior patterns, utility and profit maximization, formation and calculation of national income, money and its functions, economic growth and economic systems will be covered. |
Learning Outcomes
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The students who have succeeded in this course;
1) To be able to explain the basic concepts and assumptions in economic theory as an introduction to economics and develop the ability to work with graphics 2) 2. Should be able to analyze consumer balance. 3) Should be able to perform producer balance analysis. 4) Market equilibrium analysis and different markets should be able to express how different equilibria occur. 5) Should be able to explain and comment on the factor market, factors of production and their share of production. 6) Should be able to explain basic issues such as the formation of general balance and national income, money and its functions, economic growth and economic systems |
Course Flow Plan
| Week | Subject | Related Preparation |
| 1) | Economics and the economy | Begg,Fischer, Dornbusch (2000); Mankiw (2021) |
| 2) | The tools of economic analysis | Mankiw, 2021. |
| 3) | Demand, supply, and the market | Mankiw, 2021 |
| 3) | Demand, supply, and the market | Mankiw, 2021 |
| 4) | The theory of consumer choice, business organization and behaviour | Mankiw, 2021 |
| 5) | Developing the theory of supply:cost and production | Mankiw, 2021 |
| 6) | Perfect competition, the limiting cases of market structure. Imperfect competition | Mankiw, 2021; Begg,Fischer, Dornbusch, 2000. |
| 6) | Perfect competition, the limiting cases of market structure. Imperfect competition | Mankiw, 2021; Begg,Fischer, Dornbusch, 2000. |
| 7) | The analysis of factor markets | Mankiw, 2021 |
| 7) | The analysis of factor markets | Mankiw, 2021 |
| 7) | The analysis of factor markets | Mankiw, 2021 |
| 8) | Introduction to macroeconomics and national income accounting | Begg,Fischer, Dornbusch (2000) |
| 9) | Aggregate demand, fiscal policy, and foreign trade | Mankiw, 2021; Begg,Fischer, Dornbusch (2000) |
| 10) | Money, modern banking, central banking and the monetary system | Mankiw, 2021; Begg,Fischer, Dornbusch, 2000. |
| 11) | Aggregate supply, the price level, and the speed of adjustment | Mankiw, 2021; Begg,Fischer, Dornbusch, 2000. |
| 12) | Unemployment | Mankiw, 2021; Begg,Fischer, Dornbusch,2000. |
| 13) | Inflation | Mankiw, 2021; Begg,Fischer, Dornbusch, 2000. |
| 14) | Economic growth | Mankiw, 2021; Begg,Fischer, Dornbusch, 2000. |
Sources
| Course Notes / Textbooks: | Mankiw, N. Gregory.(2021) Economics, Cengage Learning, 5th Edition |
| References: | Mankiw, N. Gregory.(2021) Economics, Cengage Learning, 5th Edition |
Course - Learning Outcome Relationship
| No Effect | 1 Lowest | 2 Medium | 3 Highest |
| Program Outcomes | Level of Contribution |
Learning Activity and Teaching Methods
Measurement and Evaluation Methods and Criteria
| Yazılı Sınav (Açık uçlu sorular, çoktan seçmeli, doğru yanlış, eşleştirme, boşluk doldurma, sıralama) | |
| Homework | |
| Bilgisayar Destekli Sunum |
Assessment & Grading
| Semester Requirements | Number of Activities | Level of Contribution |
| Midterms | 1 | % 40 |
| Final | 1 | % 60 |
| total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 40 | |
| PERCENTAGE OF FINAL WORK | % 60 | |
| total | % 100 | |
İş Yükü ve AKTS Kredisi Hesaplaması
| Activities | Number of Activities | Aktiviteye Hazırlık | Aktivitede Harçanan Süre | Aktivite Gereksinimi İçin Süre | Workload | ||
| Course Hours | 14 | 3 | 42 | ||||
| Study Hours Out of Class | 14 | 3 | 42 | ||||
| Homework Assignments | 1 | 4 | 4 | ||||
| Midterms | 1 | 14 | 14 | ||||
| Final | 1 | 14 | 14 | ||||
| Total Workload | 116 | ||||||