Nevşehir Hacı Bektaş Veli University Course Catalogue

Information Of Programmes

FACULTY OF ECONOMICS & ADMINISTRATIVE SCIENCES / İKT109 - ECONOMICS

Code: İKT109 Course Title: INTRODUCTION TO ECONOMICS I Theoretical+Practice: 3+0 ECTS: 5
Year/Semester of Study 1 / Fall Semester
Level of Course 1st Cycle Degree Programme
Type of Course Compulsory
Department ECONOMICS
Pre-requisities and Co-requisites None
Mode of Delivery Face to Face
Teaching Period 14 Weeks
Name of Lecturer EBRU TOPCU (ebruerdogan@nevsehir.edu.tr)
Name of Lecturer(s)
Language of Instruction Turkish
Work Placement(s) None
Objectives of the Course
The aim of this course is to teach the basic concepts and theories of microeconomics.

Learning Outcomes PO MME
The students who succeeded in this course:
LO-1 can explain the determinants of demand and supply. PO-1 have information about basic economic topics and indicators.
PO-4 have theoretical and empirical information to analyze how to authorities, consumers and firms effect each other and how to make decision.
PO-11 have ability on defining economic variables and comment on the relationships between these variables.
Examination
LO-2 can explain the types of elasticities. PO-1 have information about basic economic topics and indicators.
PO-11 have ability on defining economic variables and comment on the relationships between these variables.
Examination
LO-3 can explain the theories of Cardinal and Ordinal Utility. PO-1 have information about basic economic topics and indicators.
PO-11 have ability on defining economic variables and comment on the relationships between these variables.
Examination
LO-4 can explain the short and long term production functions. PO-1 have information about basic economic topics and indicators.
PO-2 have basic information about treatment rules between individuals, markets and countries.
PO-4 have theoretical and empirical information to analyze how to authorities, consumers and firms effect each other and how to make decision.
PO-11 have ability on defining economic variables and comment on the relationships between these variables.
Examination
PO: Programme Outcomes
MME:Method of measurement & Evaluation

Course Contents
Economic Efficiency, Supply, Demand, Market Equilibrium, Price Floor, Price Ceiling, Cardinal Utility Theory, Ordinal Utility Theory, Producer Surplus, Consumer Surplus, Production Function
Weekly Course Content
Week Subject Learning Activities and Teaching Methods
1 Basic Concepts: Economics, Scarcity, Goods and Services, Production Factors, Microeconomics-Macroeconomics Distinction, Normative Economics-Positive Economics Distinction Lecturing
2 Basic Concepts: Economic Decision Units, Production Possibilities Curve -Demand and Determining Factors of Demand Lecturing-Drawing Graph-Solving Problem
3 Demand and Determining Factors of Demand Lecturing-Drawing Graph-Solving Problem
4 Supply and Determining Factors of Supply Lecturing-Drawing Graph-Solving Problem
5 Market Equilibrium - Changes in Market Equilibrium Lecturing-Drawing Graph-Solving Problem
6 Elasticities Lecturing-Drawing Graph-Solving Problem
7 Government Interferences: Price Ceiling-Price Floor Lecturing-Drawing Graph-Solving Problem
8 mid-term exam
9 Economic Efficiency: Consumer Surplus- Producer Surplus Lecturing-Drawing Graph-Solving Problem
10 Consumer Theory: Cardinal Utility Theory Lecturing-Drawing Graph-Solving Problem
11 Consumer Theory: Ordinal Utility Theory Lecturing-Drawing Graph-Solving Problem
12 Production Theory: Short Term Lecturing-Drawing Graph-Solving Problem
13 Production Theory: Long Term Lecturing-Drawing Graph-Solving Problem
14 Production Costs Lecturing-Drawing Graph-Solving Problem
15 Markets Overview Lecturing-Drawing Graph-Solving Problem
16 final exam
Recommend Course Book / Supplementary Book/Reading
1 Erdal. M. Ünsal (2016), İktisada Giriş (5. Baskı), BB101.
2 A. Yasemin Yalta-A. Talha Yalta (2019), Modern Mikroekonomiye Giriş (2. Baskı), Adres Yayınları.
3 Ders Notları
Required Course instruments and materials
Textbook-Course Notes

Assessment Methods
Type of Assessment Week Hours Weight(%)
mid-term exam 8 1 40
Other assessment methods
1.Oral Examination
2.Quiz
3.Laboratory exam
4.Presentation
5.Report
6.Workshop
7.Performance Project
8.Term Paper
9.Project
final exam 16 1 60

Student Work Load
Type of Work Weekly Hours Number of Weeks Work Load
Weekly Course Hours (Theoretical+Practice) 3 14 42
Outside Class
       a) Reading 5 14 70
       b) Search in internet/Library 0
       c) Performance Project 0
       d) Prepare a workshop/Presentation/Report 0
       e) Term paper/Project 0
Oral Examination 0
Quiz 0
Laboratory exam 0
Own study for mid-term exam 2 7 14
mid-term exam 1 1 1
Own study for final exam 4 7 28
final exam 1 1 1
0
0
Total work load; 156