Nevşehir Hacı Bektaş Veli University Course Catalogue

Information Of Programmes

FACULTY OF ECONOMICS & ADMINISTRATIVE SCIENCES / İŞL109 - BUSINESS ADMINISTRATION

Code: İŞL109 Course Title: INTRODUCTION TO ECONOMICS I Theoretical+Practice: 3+0 ECTS: 3
Year/Semester of Study 1 / Fall Semester
Level of Course 1st Cycle Degree Programme
Type of Course Compulsory
Department BUSINESS ADMINISTRATION
Pre-requisities and Co-requisites None
Mode of Delivery Face to Face
Teaching Period 14 Weeks
Name of Lecturer İLHAN GÜLLÜ (igullu@nevsehir.edu.tr)
Name of Lecturer(s)
Language of Instruction Turkish
Work Placement(s) None
Objectives of the Course
The aim of this course is to teach the basic concepts and theories of microeconomics.

Learning Outcomes PO MME
The students who succeeded in this course:
LO-1 can explain the determinants of demand and supply. PO-11 Understand and comprehend market research, information systems, consumer behaviors, strategic marketing, global markets, product and service strategies, product life curve, pricing and supply chain in the points of providing continuity of businesses in the process of globalization.
PO-12 become skilful at maths, econometrics and statistics, making more effective decisions with econometric and statistical analysis. Furthermore, they are capable of predicting the outcomes of these decisions and interpreting the cause and effect relation.
Examination
LO-2 can explain the types of elasticities. PO-12 become skilful at maths, econometrics and statistics, making more effective decisions with econometric and statistical analysis. Furthermore, they are capable of predicting the outcomes of these decisions and interpreting the cause and effect relation.
Examination
LO-3 can explain the theories of Cardinal and Ordinal Utility. PO-11 Understand and comprehend market research, information systems, consumer behaviors, strategic marketing, global markets, product and service strategies, product life curve, pricing and supply chain in the points of providing continuity of businesses in the process of globalization.
PO-12 become skilful at maths, econometrics and statistics, making more effective decisions with econometric and statistical analysis. Furthermore, they are capable of predicting the outcomes of these decisions and interpreting the cause and effect relation.
Examination
LO-4 can explain the short and long term production functions. PO-11 Understand and comprehend market research, information systems, consumer behaviors, strategic marketing, global markets, product and service strategies, product life curve, pricing and supply chain in the points of providing continuity of businesses in the process of globalization.
PO-12 become skilful at maths, econometrics and statistics, making more effective decisions with econometric and statistical analysis. Furthermore, they are capable of predicting the outcomes of these decisions and interpreting the cause and effect relation.
PO-14 have knowledge of new approaches used in production, fundamentals of production management, production systems, distribution planning and break-even analysis, installation placement and production planning.
Examination
PO: Programme Outcomes
MME:Method of measurement & Evaluation

Course Contents
Economic Efficiency, Supply, Demand, Market Equilibrium, Price Floor, Price Ceiling, Cardinal Utility Theory, Ordinal Utility Theory, Producer Surplus, Consumer Surplus, Production Function
Weekly Course Content
Week Subject Learning Activities and Teaching Methods
1 Basic Concepts: Economic Issue-Economic Efficiency Lecturing
2 Demand and Determining Factors of Demand Lecturing
3 Supply and Determining Factors of Supply Lecturing
4 Market Equilibrium - Changes in Market Equilibrium Lecturing
5 Elasticities Lecturing
6 Elasticities Lecturing
7 Government Interferences: Price Ceiling - Price Floor Lecturing
8 mid-term exam
9 Efficiency in Perfect Competition : Consumer Surplus - Producer Surplus Lecturing
10 Consumer Theory: Cardinal Utility Theory Lecturing
11 Consumer Theory: Ordinal Utility Theory Lecturing
12 Production Theory: Short Term Lecturing
13 Production Theory: Long Term Lecturing
14 Production Theory: Short Term Lecturing
15 Production Theory: Short Term Lecturing
16 final exam
Recommend Course Book / Supplementary Book/Reading
1 Erdal. M. Ünsal (2016), İktisada Giriş (5. Baskı), BB101.
Required Course instruments and materials
Textbook

Assessment Methods
Type of Assessment Week Hours Weight(%)
mid-term exam 8 1 40
Other assessment methods
1.Oral Examination
2.Quiz
3.Laboratory exam
4.Presentation
5.Report
6.Workshop
7.Performance Project
8.Term Paper
9.Project
final exam 16 1 60

Student Work Load
Type of Work Weekly Hours Number of Weeks Work Load
Weekly Course Hours (Theoretical+Practice) 3 14 42
Outside Class
       a) Reading 1 14 14
       b) Search in internet/Library 0
       c) Performance Project 0
       d) Prepare a workshop/Presentation/Report 0
       e) Term paper/Project 0
Oral Examination 0
Quiz 0
Laboratory exam 0
Own study for mid-term exam 3 6 18
mid-term exam 1 1 1
Own study for final exam 3 6 18
final exam 1 1 1
0
0
Total work load; 94