ANTALYA BİLİM
UNIVERSITY
Course Information Package
| Code | Description |
|---|---|
| LO1 | Students will be able to define the fundamental principles and concepts of economics, and explain the functioning of the supply-demand mechanism. |
| LO2 | Students will be able to analyse the concept of elasticity and the effects of government policies on market equilibrium, and evaluate market efficiency by calculating consumer and producer surplus. |
| LO3 | Students will be able to draw graphs used in microeconomic theory and models, and interpret economic data graphically. |
| LO4 | Students will be able to analyse production costs and comparatively evaluate different market structures (perfect competition, monopoly, monopolistic competition, oligopoly). |
| LO5 | Students will be able to analyse markets for factors of production and the theory of consumer choice, and evaluate economic decision-making processes. |
| Week | Content |
|---|---|
| 1 | Ten Principles of Economics |
| 2 | Thinking Like an Economist |
| 3 | Interdependence and the Gains from Trade |
| 4 | The Market Forces of Supply and Demand |
| 5 | Elasticity and Its Application |
| 6 | Supply, Demand, and Government Policies |
| 7 | Consumers, Producers, and the Efficiency of Markets |
| 8 | Midterm Exam |
| 9 | The Costs of Production |
| 10 | Firms in Competitive Markets |
| 11 | Monopoly |
| 12 | Monopolistic Competition |
| 13 | Oligopoly |
| 14 | The Markets for the Factors of Production |
| 15 | The Theory of Consumer Choice |
| Activity | Count | Duration (Hours) | Total |
|---|---|---|---|
| Attendance | 15 | 3.00 | 45.00 |
| Pre-Class Individual Study | 15 | 2.00 | 30.00 |
| Midterm Exam/Preparation | 1 | 15.00 | 15.00 |
| Final Exam/Preparation | 1 | 30.00 | 30.00 |
| Homework | 1 | 15.00 | 15.00 |
| Total Workload (Hours) | 135 | ||
| ECTS Credit (Workload / 25) | 5 | ||
| PO \ LO |
LO1
|
LO2
|
LO3
|
LO4
|
LO5
|
|---|---|---|---|---|---|
| PO-1 | |||||
| PO-2 | |||||
| PO-3 | |||||
| PO-4 | |||||
| PO-5 | |||||
| PO-6 | |||||
| PO-7 |
| # | Method Name | Description | Tools |
|---|---|---|---|
| 1 | Lecture (expository teaching), interactive discussion | Listening and taking notes. | Standard classroom technologies, multimedia tools (projector, computer, digital presentations) |
| 2 | Controversial Course | Listening and comprehension, critical thinking | Standard classroom technologies, multimedia tools, projector, computer, overhead projector |
| 3 | Small Group Discussion | Listening and comprehension, processing observations/situations, critical thinking, question development | Standard classroom technologies, multimedia tools, projector, computer, overhead projector |
| 4 | Homework | Solving and analyzing homework questions using a computer and Excel. | Computer |
