Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS CreditsLast Updated Date
1İKT101Introduction to Economics I3+0+03517.08.2026
Course Details
Language of Instruction English
Level of Course Unit Bachelor's Degree
Department / Program Business Administration
Type of Program Formal Education
Type of Course Unit Compulsory
Course Delivery Method Face To Face
Objectives of the Course It is to transfer the subjects that will form the basis of basic economic events to the students at the academic level and to teach the science of economics at the microeconomic perspective at the basic level.
Course Content Lesson; It covers the basic concepts of economics, supply-demand laws, graphics and flexibility, Consumer and Producer Equilibrium Analysis, Production Cost Analysis, Markets (Perfect Competition, Monopoly, Monopoly Competition, Oligopoly) and Factor Markets.
Course Methods and Techniques
Prerequisites and co-requisities None
Course Coordinator None
Name of Lecturers Associate Prof.Dr. İbrahim ÇÜTCÜ
Assistants None
Work Placement(s) No

Recommended or Required Reading
Resources Bocutoğlu, Ersan, Metin Berber. Genel İktisada Giriş. Bursa: Ekin, 2013.
Metin BERBER – Ersan BOCUTOĞLU: Mikro İktisada Giriş Zeynel Dinler: İktisada Giriş Ders Notları
Course Notes There are no prerequisites for the course.

Course Category
Social Sciences %100

Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"

Assessment Methods and Criteria
In-Term Studies Quantity Percentage
Mid-terms 1 % 40
Final examination 1 % 60
Total
2
% 100

 
ECTS Allocated Based on Student Workload
Activities Quantity Duration Total Work Load
Course Duration 15 4 60
Hours for off-the-c.r.stud 15 6 90
Mid-terms 1 2 2
Practice 15 2 30
Final examination 1 2 2
Total Work Load   Number of ECTS Credits 6 184

 
Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
NoLearning Outcomes
1 Understanding the basic concepts and laws of economics is provided.
2 Market equilibrium, price formation and risk analysis and future projections can be made through the laws of supply and demand.
3 It is taught how the consumer will get the maximum benefit with her/his current income
4 Firms and producers are told how to achieve maximum output with their available resources and the level of optimum production level.
5 Perfect competition market, Monopoly, Monopolistic competition and oligopoly markets are learned. Thus, the measures to be taken by the decision maker for each market period and the policies to be implemented are determined.
6 By explaining factor markets and factor incomes, optimum policies to be applied especially about the labor market are learned.

 
Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 Basic concepts of economics and Economic Science The topics that were covered last week and that will be covered this week are read from books and other sources, and a preliminary research is made on the economic agenda.
2 Fundamental Problems in the Economy and the Flow of Economic Activities The topics that were covered last week and that will be covered this week are read from books and other sources, and a preliminary research is made on the economic agenda.
3 Demand-Supply-Market Balance The topics that were covered last week and that will be covered this week are read from books and other sources, and a preliminary research is made on the economic agenda.
4 Demand-Supply-Market Balance The topics that were covered last week and that will be covered this week are read from books and other sources, and a preliminary research is made on the economic agenda.
5 Demand-Supply-Market Balance The topics that were covered last week and that will be covered this week are read from books and other sources, and a preliminary research is made on the economic agenda.
6 Supply-Demand Elasticity The topics that were covered last week and that will be covered this week are read from books and other sources, and a preliminary research is made on the economic agenda.
7 Consumer Balance Analysis The topics that were covered last week and that will be covered this week are read from books and other sources, and a preliminary research is made on the economic agenda.
8 Midterm Exam Preperation for the exam
9 Producer Balance Analysis / Cost Analysis The topics that were covered last week and that will be covered this week are read from books and other sources, and a preliminary research is made on the economic agenda.
10 Perfect Competition Market The topics that were covered last week and that will be covered this week are read from books and other sources, and a preliminary research is made on the economic agenda.
11 Perfect Competition Market The topics that were covered last week and that will be covered this week are read from books and other sources, and a preliminary research is made on the economic agenda.
12 Monopoly Market The topics that were covered last week and that will be covered this week are read from books and other sources, and a preliminary research is made on the economic agenda.
13 Monopolistic Competition and Oligopoly Markets Geçen hafta işlenen ve bu hafta işlenecek konular kitap ve diğer kaynaklardan okunur, ekonomik gündeme ilişkin ön araştırma yapılır.
14 Factor Markets The topics that were covered last week and that will be covered this week are read from books and other sources, and a preliminary research is made on the economic agenda.
15 Final exam Preperation for the exam

 
Contribution of Learning Outcomes to Programme Outcomes
P1 P2 P3 P4 P5 P6 P7 P8
C1 5 5 3 4 4 4 4 4
C2 4 4 3 4 4 3 4 4
C3 4 4 3 4 5 4 3 4
C4 3 4 4 4 3 4 3 4
C5 3 4 4 4 3 3 4 4
C6 4 4 3 4 3 4 3 3

  Contribution: 1: Very Slight 2:Slight 3:Moderate 4:Significant 5:Very Significant