1	Course Title:	PRINCIPLES OF ECONOMICS
2	Course Code:	ISL5319
3	Type of Course:	Optional
4	Level of Course:	Second Cycle
5	Year of Study:	1
6	Semester:	1
7	ECTS Credits Allocated:	6
8	Theoretical (hour/week):	3
9	Practice (hour/week) :	0
10	Laboratory (hour/week) :	0
11	Prerequisites:	None
12	Recommended optional programme components:	None
13	Language:	Turkish
14	Mode of Delivery:	Face to face
15	Course Coordinator:	Dr. Ögr. Üyesi Bahar BAYSAL
16	Course Lecturers:	Doç. Dr. Adem Levent
17	Contactinformation of the Course Coordinator:	Doç. Dr. Adem Levent ademlevent@uludag.edu.tr
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 economic theories.
20	Contribution of the Course to Professional Development	The student who takes the course gains knowledge about economic concepts and issues and gains an economic perspective.

21

Learning Outcomes:

1 Students will learn subject and basic concepts of economics; 2 Students will understand the necessity of making choices because of scarcity; 3 Students will learn consumers’ economic decision-making process; 4 Students will be able to analyze the role of market in resource allocation; 5 Students will be able to explain equilibrium of the firm under different market categories; 6 Students will be able to identify national economic problems; 7 Students will be able to explain the relationship between money and economic activities.; 8 Students will be able evaluate the impact of government's economic policy on national income.; 9 Students will be able to evaluate the effects of foreign trade on the country's economy.; 10 Students will be able to understand and compare the features of the basic macroeconomic models.;

22	Course Content:

Week	Theoretical	Practical
1	Basic Concepts of Economics
2	Supply and Demand
3	Production Function and Cost Functions
4	Defining the market and Degrees of Competition
5	Perfect Competition
6	Equilibrium of the Firm under Perfect Competition
7	Monopoly and Imperfect Competition
8	Markets for Inputs
9	Measuring Income; GDP and National Income
10	Aggregate Demand and Aggregate Supply
11	Employment and Unemployment
12	Public Finance
13	Money and Inflation
14	Foreign Trade, Financial Flows and Exchange Rates

23	Textbooks, References and/or Other Materials:	ŞAHİN, Hüseyin (2010) İktisada Giriş, Ezgi Kitabevi, Bursa. DİNLER, Zeynel (2020) İktisada Giriş, Ekin Kitabevi, Bursa.
24	Assesment

TERM LEARNING ACTIVITIES	NUMBER	PERCENT
Midterm Exam	0	0
Quiz	0	0
Homeworks, Performances	1	40
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	Measurement and evaluation are carried out with multiple choice test exam questions.
Information	This course is evaluated with an absolute evaluation system.

25

ECTS / WORK LOAD TABLE

Activites	NUMBER	TIME [Hour]	Total WorkLoad [Hour]
Theoretical	14	3	42
Practicals/Labs	0	0	0
Self Study and Preparation	14	5	70
Homeworks, Performances	1	15	30
Projects	0	0	0
Field Studies	0	0	0
Midtermexams	0	0	0
Others	2	15	30
Final Exams	1	1	1
Total WorkLoad			173
Total workload/ 30 hr			5,77
ECTS Credit of the Course			6

26	CONTRIBUTION OF LEARNING OUTCOMES TO PROGRAMME QUALIFICATIONS
PQ1 PQ2 PQ3 PQ4 PQ5 PQ6 PQ7 PQ8 PQ9 PQ10 PQ11 PQ12 LO1 5 5 4 4 4 4 3 3 4 4 3 3 LO2 5 5 4 4 4 4 3 3 4 4 3 3 LO3 5 5 4 4 4 4 3 3 4 4 3 3 LO4 5 5 4 4 4 4 3 3 4 4 3 3 LO5 5 5 4 4 4 4 3 3 4 4 3 3 LO6 5 5 4 4 4 4 3 3 4 4 3 3 LO7 5 5 4 4 4 4 3 3 4 4 3 3 LO8 5 5 4 4 4 4 3 3 4 4 3 3 LO9 5 5 4 4 4 4 3 3 4 4 3 3 LO10 4 5 4 4 4 4 3 3 4 4 3 3

LO: Learning Objectives

PQ: Program Qualifications

Contribution Level:

1 Very Low

2 Low

3 Medium

4 High

5 Very High