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Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS SBÖ 1008 ECONOMICS COMPULSORY 2 0 0 4

Offered By

Social Studies Teacher Education

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASISTANT PROFESSOR CANAN ERKAN

Offered to

Social Studies Teacher Education Social Studies Teacher Education

Course Objective

The purpose of this course is to introduce students to the principles of economics and to provide a basic understanding of how economic actors such as households and firms decide to manage/allocate their available resources in an efficient way. And, this course is intended to introduce the students to some basic macroeconomic concepts, with special emphasis on determinants of the level of national income, prices and employment.

Learning Outcomes of the Course Unit

1   To be able to express what economists mean by the concept of scarcity. 2   To be able to identify the determinants of demand and supply. 3   To be able to explain the concept of market equilibrium. 4   To be able to explain and analyze differences between perfect and imperfect competition. 5   To be able to demonstrate an understanding of economic theories of consumer and producer behaviour. 6   To be able to explain and use the basic concepts of production, profit, and costs. 7   To be able to analyze the basic principles of macroeconomics. 8   To be able to explain key macroeconomic variables and the measurement of such variables.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description 1 The Scope and Method of Economics, The Economic Problem: Scarcity and Choice 2 Demand, Supply, and Market Equilibrium 3 Demand and Supply Applications and Elasticity 4 Household Behavior and Consumer Choice 5 The Production Process: The Behavior of ProfitMaximizing Firms 6 Short Run Costs and Output Decisions 7 Perfect and Imperfect competition. 8 Midterm Exam 9 Introduction to Macroeconomics 10 Measuring National Output and National Income 11 Unemployment, Inflation, and LongRun Growth 12 The Government and Fiscal Policy 13 The Money, The Money Supply and the Central Bank 14 Money Demand, the Equilibrium Interest Rate Development and Economic Growth 15 Final Exam

Recomended or Required Reading

Acar, S. (2000). Genel Iktisat, Izmir: Dokuz Eylül Üniversitesi Yayınları.

Planned Learning Activities and Teaching Methods

Face to face

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA 1 VZ Ara Sınav 2 FN Yarıyılsonu Sınavı 3 BNS BNS VZ * 0.40 + FN * 0.60 4 BUT Bütünleme Notu 5 BBN Bütünleme Sonu Başarı Notu VZ * 0.40 + BUT * 0.60

Further Notes About Assessment Methods

None

Assessment Criteria

To be announced.

Language of Instruction

Turkish

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

selim.sanlisoy@deu.edu.tr

Office Hours

Friday, 13:00-14:00

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours) Lectures 13 2 26 Preparations before/after weekly lectures 13 3 39 Preparation for midterm exam 1 14 14 Preparation for final exam 1 14 14 Final 1 1 1 Midterm 1 1 1 TOTAL WORKLOAD (hours) 95

Contribution of Learning Outcomes to Programme Outcomes

PO/LO PO.1 PO.2 PO.3 PO.4 PO.5 PO.6 PO.7 PO.8 PO.9 PO.10 PO.11 PO.12 PO.13 PO.14 LO.1 5 5 3 LO.2 5 5 3 LO.3 5 5 4 LO.4 3 5 4 LO.5 3 5 3 LO.6 3 5 4 LO.7 3 5 4 LO.8 3 5 4