Nevşehir Hacı Bektaş Veli University Course Catalogue
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| Year/Semester of Study | 1 / Fall Semester | ||||
| Level of Course | 1st Cycle Degree Programme | ||||
| Type of Course | Compulsory | ||||
| Department | TOURISM AND HOTEL MANAGEMENT | ||||
| Pre-requisities and Co-requisites | None | ||||
| Mode of Delivery | Face to Face | ||||
| Teaching Period | 14 Weeks | ||||
| Name of Lecturer | OĞUZ ÖCAL (oguzocal@nevsehir.edu.tr) | ||||
| Name of Lecturer(s) | ALPER ASLAN, | ||||
| Language of Instruction | Turkish | ||||
| Work Placement(s) | None | ||||
| Objectives of the Course | |||||
| The subject of economics is ideally suited to an experimental approach. By participating in economic experiments, students will be able to observe economic principles in action. After students have participated in an experiment and recorded the results, instructor will present economic theories designed to explain what happened in the laboratory. With the data collected from the classroom experiments, students can discover how well or how badly each theory works in predicting the experimental outcome. With this motivation, theories come to life and once they seem real, they become interesting. I expect that in the process, students will come to appreciate the great power and some of the shortcomings of economic theory in explaining the economic world in which we live adn also in Turkey. | |||||
| Learning Outcomes | PO | MME | |
| The students who succeeded in this course: | |||
| LO-1 | Explain consumer behavior and hence the demand side of the market fully so that s/he can understand and evaluate why people behave the way they do when they are purchasing goods and services. |
PO-1 To have detailed knowledge about a specific profession related to the field of Tourism and to have comprehensive and systematic knowledge about concepts, theories, principles and facts in close disciplines. To use and interpret this knowledge, theories, models generally in business environment |
Examination |
| LO-2 | Identify different consumer preferences. |
PO-4 To have knowledge about internal and external environmental factors of organizations, relationships, interactions, management, policies and strategies of parts of the organization in the field. To use service delivery policies and strategies related to the field. To perform, review, improve and evaluate the service processes on the satisfaction basis of the customer, to find solutions for problems that affect the service process, to develop and use consumer satisfaction measurement tool. |
Examination |
| LO-3 | Explain concept of utility by using indifference curves. |
PO-6 To have a basic level of knowledge about important issues, alternative solutions and field-specific research methods in the field and relevant fields. To analyze knowledge related to the field concerning topics and issues, to evaluate different options in solving problems with a critical approach, to plan and realize projects and research using appropriate research methods. To present the results in a clear and understandable way, to be unique and autonomous in solving problems in complex and unpredictable situations and to decide himself/herself. |
Examination |
| LO-4 | Identify the optimal choice of the consumer that maximizes consumer utility. |
PO-12 To follow current developments and applications at national and international level related to his/her profession on the field and use in practice in order. To get more responsibility, update the knowledge, skills and competencies with awareness of lifelong learning as a self-learning through personal and professional knowledge, skills and competencies by increasing and continuously improves himself/herself. |
Presentation |
| PO: Programme Outcomes MME:Method of measurement & Evaluation |
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| Course Contents | ||
| Coverage includes economics of households, business firms, and markets; consumer behavior and the demand for commodities; production, costs, and the supply of commodities; price determination; competition and monopoly; efficiency of resource allocation; governmental regulation; income distribution; and poverty | ||
| Weekly Course Content | ||
| Week | Subject | Learning Activities and Teaching Methods |
| 1 | Price floor | Given a presentation and then lead discussion |
| 2 | Tax application | Given a presentation and then lead discussion |
| 3 | Shift in supply and demand curve | Given a presentation and then lead discussion |
| 4 | Elasticity I | Given a presentation and then lead discussion |
| 5 | Elasticity II | Given a presentation and then lead discussion |
| 6 | Supply elasticity | Given a presentation and then lead discussion |
| 7 | Demand elasticity | Given a presentation and then lead discussion |
| 8 | mid-term exam | |
| 9 | Full Competition I | Given a presentation and then lead discussion |
| 10 | Full Competition II | Given a presentation and then lead discussion |
| 11 | Monopol I | Given a presentation and then lead discussion |
| 12 | Monopol II | Given a presentation and then lead discussion |
| 13 | Oligopol I | Given a presentation and then lead discussion |
| 14 | Oligopol II | Given a presentation and then lead discussion |
| 15 | Game Theory | Given a presentation and then lead discussion |
| 16 | final exam | |
| Recommend Course Book / Supplementary Book/Reading | ||
| 1 | D. Begg, S. Fisher, R. Dornbush, İktisat, Alkım, 2001 | |
| Required Course instruments and materials | ||
| Book, course documents | ||
| 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 | 5 | 5 |
| 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 | 2 | 3 | 6 |
| mid-term exam | 1 | 1 | 1 |
| Own study for final exam | 1 | 5 | 5 |
| final exam | 1 | 1 | 1 |
| 0 | |||
| 0 | |||
| Total work load; | 60 | ||