BUSINESS ADMINISTRATION (ENGLISH)
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

General Information about the Course

Course Code: BUS101
Course Title: Introduction to Economics
Course Semester: 1. Semester / Fall
Course Credits:
Theoretical Practical Credit ECTS
3 0 3 5
Language of instruction: EN
Prerequisite of the course: No
Type of course: Necessary
Level of course:
Bachelor TR-NQF-HE:6. Master`s Degree QF-EHEA:First Cycle EQF-LLL:6. Master`s Degree
Course Lecturer(s): Dr. Tanju Özdeniz

Purpose and content of the course

Course Objectives: This course presents an overview of the field of Economics for non-Economists. We will learn what Economics is about, and what are the principles of economics. We will deal with topics such as what is supply and demand, what determines consumers’ decisions, why do producers sell goods at certain prices, what is unemployment and what can we do about it, what is inflation, how can we measure the economic performance and what are the variables of macroeconomics.
Course Objective: This course should also help to improve analytical skills, to acquire fundamental knowledge, to prepare students to learn even more complicated economic and business disciplines, to use them in understanding real events, political issues and to apply them into practices.
Mode of Delivery: Face to face

Learning Outcomes

Knowledge (Described as Theoritical and/or Factual Knowledge.)
  1) Students will be able to define the main concepts and describe the models and methods used in economic analysis. Students will be able to formulate real-world issues in the language of economic concepts and models. Students will be able to apply and use economic concepts and models to analyze real-world issues.
Skills (Describe as Cognitive and/or Practical Skills.)
Competences (Described as "Ability of the learner to apply knowledge and skills autonomously with responsibility", "Learning to learn"," Communication and social" and "Field specific" competences.)

Course Topics

Week Subject
Related Preparation Pekiştirme
1) Principles of economics
2) Features of theory and law in economics
3) Introduction to price theory ( Supply & Demand)
4) Introduction to market equilibrium
5) Elasticity and its application
6) Production, cost and firm behavior I
7) Production, cost and firm behavior II
8) Cost and profit maximization
9) The factor and goods market
10) The factor and goods market ( Perfect competition )
11) The factor and goods market ( İmperfect competition )
12) Scope of macroeconomics
13) Measuring economic performance and key macroeconomics variables I
14) Measuring economic performance and key macroeconomics variables II
References: Krugman, P. and Wells, R (2015), Microeconomics, Worth Publishers
Gürlük, S. (2019), Fundamentals of Economics, Dora Basım-Yayın
Dinler, Z. (2020), İktisada Giriş, Ekin Kitapevi
Eğilmez, Mahfi (2021), Mikroekonomi, Remzi Kitapevi

Ders - Program Öğrenme Kazanım İlişkisi

No Effect 1 Lowest 2 Average 3 Highest
       
Ders Öğrenme Kazanımları

1

Program Outcomes
1) Gains knowledge of basic finance principles and rules, analytical finance tools and the importance of finance function within the functional structure of the business.
2) Understands the basic principles of management for motivating employees and coordinating production by leading the employees in line with the strategic goals of the business.
3) Understands the nature of formal and informal relationships between people in business life.
4) Gains practical knowledge of financial and managerial accounting tools and techniques.
5) Gains practical knowledge of the Turkish legal system framed by business and commercial laws.
6) Evaluates a business in terms of all its functional units.
7) Analyzes the cases that may be encountered.
8) Provides solutions to the problems encountered in the business.
9) He/she processes numerical data and makes it meaningful by using mathematical and analytical thinking in decisions to be taken in a business or any part of it.
10) Analyzes the effects of social, economic and legal structures and changes in national and international dimensions on business and economy.
11) Develops marketing strategies for successful marketing, pricing, distribution and customer satisfaction of products and/or services within the current business environment.
12) He/She develops the leadership and decision-making skills necessary to be effective in professional business life.
13) Organizes information processing tools in accordance with their purpose.
14) Have lifelong learning desire and development ability.
15) Works individually and as a team in both within disciplinary and interdisciplinary dimensions.
16) Follows the current and developing trends in business administration with professional English proficiency.
17) Knows and follows the current news and cases in the field of business administration.
18) Knows the legal developments and innovations in the field of business administration and trade.
19) Be aware of innovations related to professional recruitment and self-development.

Course Teaching, Learning Methods

Q & A
Case Problem Solving/ Drama- Role/ Case Management
Laboratory
Quantitative Problem Solving
Fieldwork
Group Study / Assignment
Individual Assignment
WEB-based Learning
Internship
Practice in Field
Project Preparation
Report Writing
Seminar
Supervision
Social Activity
Occupational Activity
Occupational Trip
Application (Modelling, Design, Model, Simulation, Experiment et.)
Reading
Thesis Preparation
Field Study
Student Club and Council Activities
Other
Logbook
Interview and Oral Conversation
Research
Watching a movie
Bibliography preparation
Oral, inscribed and visual knowledge production
Taking photographs
Sketching
Mapping and marking
Reading maps
Copying textures
Creating a library of materials
Presentation

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Attendance % 0
Laboratory % 0
Application % 0
Practice Exam % 0
Quizzes % 0
Homework Assignments % 0
Presentation % 0
Project % 0
Special Course Internship (Work Placement) % 0
Field Study % 0
Article Critical % 0
Article Writing % 0
Module Group Study % 0
Brainstorming % 0
Role Playing + Dramatizing % 0
Out of Class Study % 0
Preliminary Work, Reinforcement % 0
Application Repetition etc. % 0
Homework (reading, writing, watching movies, etc.) % 0
Project Preparation + Presentation % 0
Report Preparation + Presentation % 0
Presentation / Seminar Preparation + Presenting % 0
Oral examination % 0
Midterms % 0
Final % 0
Report Submission % 0
Bütünleme % 0
Kanaat Notu % 0
Committee % 0
Yazma Ödev Dosyası % 0
Portfolio % 0
Take-Home Exam % 0
Logbook % 0
Discussion % 0
Participation % 0
total % 0
PERCENTAGE OF SEMESTER WORK % 0
PERCENTAGE OF FINAL WORK % 0
total % 0

Calculation of Workload and ECTS Credits

Activities Number of Activities Workload
Course Hours 14 42
Laboratory
Application
Practice Exam
Special Course Internship (Work Placement)
Field Work
Study Hours Out of Class 14 28
Article Critical
Article Writing
Module Group Study
Brainstorming
Role Playing + Dramatizing
Out-of-Class Study (Pre-study, Reinforcement, Practice Review, etc.) 14 28
Homework (reading, writing, watching movies, etc.) 14 28
Project Preparation + Presentation
Report Preparation + Presentation
Presentation / Seminar Preparation + Presenting
Oral examination
Preparing for Midterm Exams 7 14
MIDTERM EXAM (Visa) 1 1
Preparing for the General Exam 14 28
GENERAL EXAM (Final) 1 1
Participation
Discussion
Portfolio
Take-Home Exam
Logbook
Total Workload 170
ECTS (30 saat = 1 AKTS ) 5