COURSE SYLLABUS

ECONOMICS I

1	Course Title:	ECONOMICS I
2	Course Code:	IKT1201
3	Type of Course:	Compulsory
4	Level of Course:	First Cycle
5	Year of Study:	1
6	Semester:	1
7	ECTS Credits Allocated:	5
8	Theoretical (hour/week):	3
9	Practice (hour/week) :	0
10	Laboratory (hour/week) :	0
11	Prerequisites:	No prerequisites
12	Recommended optional programme components:	None
13	Language:	Turkish
14	Mode of Delivery:	Face to face
15	Course Coordinator:	Prof. Dr. NALAN ÖLMEZOĞULLARI
16	Course Lecturers:	Prof. Dr. Nalân ÖLMEZOĞULLARI Prof. Dr. Mehmet ASLANOĞLU Prof. Dr. Feridun YILMAZ
17	Contactinformation of the Course Coordinator:	nalano@uludag.edu.tr, Tel: 0224 2941099 Uludağ Üniversitesi, İİBF İktisat Bölümü, 16059 Görükle/BURSA
18	Website:
19	Objective of the Course:	The purpose of this course is to introduce students to the basic concepts of economics and to provide a basic understanding of individual economic decisions.
20	Contribution of the Course to Professional Development

Learning Outcomes:

1	Students will learn subject of economics and basic concepts of microeconomics;
2	Students will be able to identify economic phenomena;
3	Students will understand the necessity of making choices because of scarcity;
4	Students will learn consumers’ economic decision-making process;
5	Students will be able to analyze the role of market in resource allocation;
6	Students will be able to identify market structure of goods and services;
7	Students will be able to explain equilibrium of the firm under different market categories;
8	Students will achieve a level of knowledge needed to analyze the economic decisions of individuals using quantitative techniques;

22	Course Content:

Week	Theoretical	Practical
1	Subject, Methodology and Principles of Economics
2	Economic Problem: Needs, Resources and Problem of Choice
3	Utility and Consumer Preferences
4	Production Function and Law of Diminishing Returns
5	Demand Function and Demand Elasticity
6	Supply Function and Supply Elasticity
7	Market Equilibrium and Government Intervention in Markets - Midterm Exam
8	The Costs of Production
9	Perfectly Competitive Markets
10	Monopoly
11	Imperfect Competition: Monopolistic Competition and Oligopoly
12	Factor Markets and Demand for Inputs
13	Equilibrium in Factor Markets
14	Income Distribution

23	Textbooks, References and/or Other Materials:	ŞAHİN, Hüseyin (2010) Introduction to Economics, Ezgi Publishing, Bursa (in Turkish) DİNLER, Zeynel (2008) Introduction to Economics, Ekin Publishing, Bursa (in Turkish)
24	Assesment

TERM LEARNING ACTIVITIES	NUMBER	PERCENT
Midterm Exam	1	40
Quiz	0	0
Homeworks, Performances	0	0
Final Exam	1	60
Total	2	100
Contribution of Term (Year) Learning Activities to Success Grade		40
Contribution of Final Exam to Success Grade		60
Total		100
Measurement and Evaluation Techniques Used in the Course
Information

ECTS / WORK LOAD TABLE

CONTRIBUTION OF LEARNING OUTCOMES TO PROGRAMME QUALIFICATIONS

LO: Learning Objectives

PQ: Program Qualifications

Contribution Level:

1 Very Low

2 Low

3 Medium

4 High

5 Very High