Nevşehir Hacı Bektaş Veli University Course Catalogue

Information Of Programmes

GULSEHIR VOCATIONAL SCHOOL OF SOCIAL SCIENCES / GDT 111 - FOREING TRADE

Code: GDT 111 Course Title: MICROECONOMICS Theoretical+Practice: 3+0 ECTS: 3
Year/Semester of Study 1 / Fall Semester
Level of Course Short Cycle Degree Programme
Type of Course Compulsory
Department FOREING TRADE
Pre-requisities and Co-requisites None
Mode of Delivery Face to Face
Teaching Period 14 Weeks
Name of Lecturer HACI İSA ERTAY (isaertay@nevsehir.edu.tr)
Name of Lecturer(s) MERT ANIL ATAMER, HACI İSA ERTAY,
Language of Instruction Turkish
Work Placement(s) None
Objectives of the Course
The aim of the course is to introduce the Economics to students and teach them the basic concepts that are necessary in understanding the work of economy

Learning Outcomes PO MME
The students who succeeded in this course:
LO-1 Can Learn about the birth of economic science and stages of economic science to the present PO-1 Apply the basic skills and concepts of foreign trade, economics, business management, marketing, customs and accounting techniques .
Examination
LO-2 Can Make an assessment of economic issues in all cases and seperatly in a systematic manner PO-1 Apply the basic skills and concepts of foreign trade, economics, business management, marketing, customs and accounting techniques .
Examination
LO-3 Can Make comments about the general economic situation PO-1 Apply the basic skills and concepts of foreign trade, economics, business management, marketing, customs and accounting techniques .
PO-5 Evaluate customs union agreements, customs regulations, foreign exchange regulations, import and export legistation.
Examination
LO-4 Can Reach the level of explanation economics with current examples PO-1 Apply the basic skills and concepts of foreign trade, economics, business management, marketing, customs and accounting techniques .
PO-2 Identify foreign trade-related problems, consider alternatives, and reach a conclusion based on logical analysis.
PO-3 Operate foreign trade transactions,and conduct import and export operations.
PO-5 Evaluate customs union agreements, customs regulations, foreign exchange regulations, import and export legistation.
Examination
PO: Programme Outcomes
MME:Method of measurement & Evaluation

Course Contents
Economy, Basic Objectives of Economic Policy, Market Economy, Price Mechanism, Elasticity, State Price Control, The Theory of Consumer Behavior, Market Types
Weekly Course Content
Week Subject Learning Activities and Teaching Methods
1 What is the economy ? Questions and Answers
2 Basic Objectives of Economic Policy - Beginning of the economy as a science Questions and Answers.
3 Market Economy Questions and Answers.
4 Price Mechanism (Demand-Supply, Market Equilibrium ) Questions and Answers.
5 Elasticity (The Price Elasticity of Demand and Supply ) Questions and Answers.
6 State Price Control (Ceiling - Base Price Applications) Questions and Answers.
7 The Theory of Consumer Behavior Questions and Answers.
8 mid-term exam
9 Production and Costs ( Short run – Long run production ) Questions and Answers.
10 Production and Costs ( Short run – Long run production ) Questions and Answers.
11 Perfect Competition Market ( Properties , Short Term -Long Term Equilibrium ) Questions and Answers.
12 Monopoly Market (Properties , Short Term - Long Term Equilibrium – Criticism ) Questions and Answers, Speaking Skills
13 Monopolistic Competitive Market (Properties , Short Term - Long Term Equilibrium – Criticism ) Questions and Answers.
14 Oligopoly Market (Properties , Competition, Scale Economies, Efficiency and Profitability) Questions and Answers.
15 Factor Markets and Income Distribution (Labour, Wage, Capital, Interest - Income Distribution ) Questions and Answers.
16 final exam
Recommend Course Book / Supplementary Book/Reading
1 Türkay, O. (2003). İktisat Teorisine Giriş-Mikroiktisat. 16. Baskı. Ankara: İmaj Yayınları.
2 Dinler, Z. (2013). İktisada Giriş.(19. Baskı). Bursa: Ekin Basım Yayın Dağıtım.
Required Course instruments and materials

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 2 10 20
       b) Search in internet/Library 2 10 20
       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 2 1 2
mid-term exam 2 1 2
Own study for final exam 2 1 2
final exam 2 1 2
0
0
Total work load; 90