Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS CreditsLast Updated Date
2İKT102Introduction to Economics II3+0+03517.08.2026
Course Details
Language of Instruction Turkish
Level of Course Unit Bachelor's Degree
Department / Program Banking and Insurance
Type of Program Formal Education
Type of Course Unit Compulsory
Course Delivery Method Face To Face
Objectives of the Course The aim of the course is to equip our students with an infrastructure that will allow them to easily understand the various courses they will study throughout their education, especially the Microeconomics I and Macroeconomics I courses they will study in the 2nd year. In addition, this course is a prerequisite for taking Microeconomics and Macroeconomics. Without learning this course well and establishing a solid foundation, it will be very difficult to learn these courses.
Course Content The course begins by addressing the basic methods of economics along with general economic concepts and terms, and covers the topics specified in the weekly program in a comprehensive manner. In this context, basic economic problems such as scarcity and choice; demand, supply and market equilibrium; demand and supply elasticities; fundamentals of microeconomic analysis such as utility and consumer preference; organization of production and production processes; cost structures of firms such as production and costs; competitive market analyses such as the characteristics and functioning of perfect competition markets; imperfect competition markets such as monopoly, monopolistic competition and oligopoly; distribution of resources in the economy such as production factor markets and income distribution are covered in detail. This course provides students with the basic knowledge and understanding required for economic analysis and decision-making processes.
Course Methods and Techniques Each lesson begins with the instructor introducing the topic of that day. The lesson is taught interactively. Methods such as plain lecture, question-answer, case study, and discussion of research findings are used together. Therefore, students need to prepare thoroughly by reading the topic the week before the lesson.
Prerequisites and co-requisities None
Course Coordinator None
Name of Lecturers Asist Prof.Dr. Fırat Cem DOĞAN
Assistants None
Work Placement(s) No

Recommended or Required Reading
Resources Erdal Ünsal, İktisada Giriş (Genişletilmiş 6. Baskı) BB101 Yayınları, Ankara Zeynel Dinler, İktisada Giriş (29. Basım) Ekin Yayınevi, Bursa.
Course Notes Erdal Ünsal, İktisada Giriş (Genişletilmiş 6. Baskı) BB101 Yayınları, Ankara
Zeynel Dinler, İktisada Giriş (29. Basım) Ekin Yayınevi, Bursa.

Course Category
Social Sciences %70
Field %30

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 14 3 42
Hours for off-the-c.r.stud 14 4 56
Assignments 1 18 18
Mid-terms 1 2 2
Final examination 1 2 2
Total Work Load   Number of ECTS Credits 4 120

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

 
Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 Production Costs, Market Structure and Perfect Competition Market The topics to be covered are read from books and other sources and watched from videos.
2 Imperfectly Competitive Markets and Monopoly The topics covered in the previous week and to be covered this week are read from books and other sources and watched from videos.
3 Monopolistic Competition and Oligopoly Markets The topics covered in the previous week and to be covered this week are read from books and other sources and watched from videos.
4 Factor Markets and Factor Prices The topics covered in the previous week and to be covered this week are read from books and other sources and watched from videos.
5 Income Distribution The topics covered in the previous week and to be covered this week are read from books and other sources and watched from videos.
6 Basic Concepts and Topics of Macroeconomics The topics covered in the previous week and to be covered this week are read from books and other sources and watched from videos.
7 GDP Calculation Methods and Different Income Measures The topics covered in the previous week and to be covered this week are read from books and other sources and watched from videos.
8 MIDTERM EXAM WEEK The topics covered last week and to be covered this week are read from books and other sources, and preliminary research is done on the economic agenda.
9 Fundamentals of Classical and Keynesian Macroeconomics; Aggregate Demand, Aggregate Supply and Macroeconomic Balance The topics covered in the previous week and to be covered this week are read from books and other sources and watched from videos.
10 Determination of National Income and Multiplier Analysis in the Simple Keynesian Model The topics covered in the previous week and to be covered this week are read from books and other sources and watched from videos.
11 The Nature of Money, Its Functions, Money Supply of Central Bank and Banks The topics covered in the previous week and to be covered this week are read from books and other sources and watched from videos.
12 Money Demand, Money Market Equilibrium and the Effects of Money on the Economy The topics covered in the previous week and to be covered this week are read from books and other sources and watched from videos.
13 Inflation, Employment, Unemployment and Inflation The topics covered in the previous week and to be covered this week are read from books and other sources and watched from videos.
14 International Trade Theory and Foreign Trade Policy; Currency, Exchange Rate and Balance of Payments The topics covered in the previous week and to be covered this week are read from books and other sources and watched from videos.

 
Contribution of Learning Outcomes to Programme Outcomes
P1 P2 P3 P4 P5 P6 P7 P8 P9 P10 P11 P12 P13 P14
All 3 4 4 4 3 3 4 5 3 4 2 4 5 4
C1 4 5 4 3 2 3 5 4 3 3 2 3 4 3
C2 3 5 4 4 3 4 5 5 3 3 2 4 5 4
C3 3 4 3 3 2 3 4 4 2 3 1 3 4 3
C4 3 4 3 5 3 4 4 5 3 4 2 4 5 4
C5 3 4 3 4 3 4 4 5 3 4 2 5 5 5
C6 4 4 4 4 3 5 4 5 3 4 2 4 5 5

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