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Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS TUR 1001 ECONOMICS I COMPULSORY 3 0 0 4

Offered By

Tourism and Hotel Management

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR AYŞE DILEK SEYMEN

Offered to

Tourism and Hotel Management

Course Objective

It is aimed for students to learn basic concepts and assumptions in economics. In addition to that, methods and tools used in analyzing economies and economic activities, theories for supply and demand, elasticity, consumption and production decisions, market analyses, factor markets, price determination in perfectly competitive and imperfectly competitive markets are examined.

Learning Outcomes of the Course Unit

1   To be able to explain basic concepts in economics 2   To be able to summarize main theories in economics 3   To be able to understand the methods of national income accounting 4   To be able to criticize the causes and effects of inflation and policies against inflation 5   To be able to evaluate policy implications and the current situation in national economy in the light of the knowledge attained

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description 1 Basic Concepts 2 Types of Markets 3 Supply 4 Demand 5 Price Determination in Perfect Competition 6 Consumption Theory, Production Theory 7 Mid-term Exam 8 Mid-term Exam 9 Monopoly, Monopolistic Competition 10 Short and Long Run Equilibrium in Oligopoly 11 National Income, Related Issues 12 Methods of National Income Accounting 13 Money, Monetary Theory 14 Inflation, Causes and Effects of Inflation, Policies against Inflation 15 Final Exam 16 Final Exam

Recomended or Required Reading

Main Sources: Zeynel Dinler, Iktisada Giris, Ekin Yayinevi, 2011. Auxiliaries: Ilker Parasiz, Iktisada Giris, Ezgi Kitabevi, 2010. References: Other Sources: Omer Faruk Colak (Ed.), Iktisada Giris, Gazi Kitabevi, 2007.

Planned Learning Activities and Teaching Methods

Giving lecture and case studies.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA 1 MTE MIDTERM EXAM 2 FIN FINAL EXAM 3 FCGR FINAL COURSE GRADE MTE*0.40+FIN * 0.60 4 RST RESIT 5 FCG FINAL COURSE GRADE MTE*0.40+RST * 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)

firat.gundem@deu.edu.tr

Office Hours

Monday 12.30-13.00

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours) Lectures 13 3 39 Preparations before/after weekly lectures 13 3 39 Preparation for midterm exam 1 10 10 Preparation for final exam 1 10 10 Final 1 2 2 Midterm 1 2 2 TOTAL WORKLOAD (hours) 102

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 LO.1 5 LO.2 5 LO.3 5 LO.4 5 LO.5 5 5