BAHÇEŞEHİR UNIVERSITY BİLGİ PAKETİ / DERS KATALOĞU
| BUSINESS ADMINISTRATION | |||||
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
Course Introduction and Application Information
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| ENM1002 | Economics for Engineers | Spring Fall |
3 | 0 | 3 | 8 |
| This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester. |
Basic information
| Language of instruction: | English |
| Type of course: | Non-Departmental Elective |
| Course Level: | Bachelor’s Degree (First Cycle) |
| Mode of Delivery: | Face to face |
| Course Coordinator : | Prof. Dr. YAMAN ÖMER ERZURUMLU |
| Course Lecturer(s): |
Prof. Dr. YAMAN ÖMER ERZURUMLU |
| Course Objectives: | To present theory and policy clearly, to give an enjoyable introduction to the economist’s world and equip students with the tools to understand and criticize the economic policies. CONTENT: Essentials of microeconomics and macroeconomics: the economic problem; demand, supply, and price determination; theory of consumer behaviour; theory of the firm; market structures; national income and its determination; problems of economic growth, unemployment, and inflation; macroeconomic policy tools. TARGETS: To make students familiar with the main technical terms of the economic life. |
Learning Outcomes
|
The students who have succeeded in this course; 1. Gain knowledge on the fundamentals of economics. 2. Understand the dynamics behind market, supply and demand etc. 3. Understand the structure and fundamentals of different types of market structures. 4. Gain knowledge on the macroeconomic concepts 5. Gain capability to read understand and interpret non academic press. 6. To learn where economic data could be collected from. |
Course Content
| Essentials of microeconomics and macroeconomics: the economic problem; demand, supply, and price determination; theory of consumer behaviour; theory of the firm; market structures; national income and its determination; problems of economic growth, unemployment, and inflation; macroeconomic policy tools. |
Weekly Detailed Course Contents
| Week | Subject | Related Preparation |
| 1) | The Scope of Method of Economics Introduction to Macroeconomics Measuring National Output and National Income | the main textbook of the course |
| 2) | Unemployment, Inflation, and Long Run Growth Aggregate Expenditure and Equilibrium Output | the main textbook of the course |
| 3) | The Money Supply and The Central Bank System | the main textbook of the course |
| 4) | Money Demand and The Equilibrium Interest Rate | the main textbook of the course |
| 5) | 1st MidTerm | |
| 6) | International Trade, Comparative Advantage and Protectionism | the main textbook of the course |
| 7) | Open Economy Macroeconomics: The Balance of Payments and The Exchange Rates | the main textbook of the course |
| 8) | The Economic Problem: Scarcity and Choice Demand Supply and Market Equilibrium Demand and Supply Applications | the main textbook of the course |
| 9) | Demand and Supply Applications Elasticity | the main textbook of the course |
| 10) | 2nd Mid Term | |
| 11) | Household Behavior and Consumer Choice Production Process: The Behavior of Profit-Maximizing Firms | the main textbook of the course |
| 12) | Short Run Costs and Output Decisions Long Run Cost and Output Decisions | the main textbook of the course |
| 13) | Input Demand: The Capital Market and Investment Decision | the main textbook of the course |
| 14) | Perfect Competition, Monopoly, Oligopoly | the main textbook of the course |
Sources
| Course Notes / Textbooks: | MAIN TEXT : Case, Fair; Oster; Principles of Economics 11th ed. Pearson SUPPLEMENTARY MATERIALS: Ekonomik Göstergeler ve İstatistikler Rehberi, Seçkin Yayıncılık AŞ, Beşinci Baskı, 2012. |
| References: |
Evaluation System
| Semester Requirements | Number of Activities | Level of Contribution |
| Attendance | 1 | % 5 |
| Homework Assignments | 8 | % 25 |
| Midterms | 2 | % 30 |
| Final | 1 | % 40 |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 60 | |
| PERCENTAGE OF FINAL WORK | % 40 | |
| Total | % 100 | |
ECTS / Workload Table
| Activities | Number of Activities | Duration (Hours) | Workload |
| Course Hours | 14 | 3 | 42 |
| Study Hours Out of Class | 12 | 2 | 24 |
| Homework Assignments | 14 | 4 | 56 |
| Quizzes | 4 | 1 | 4 |
| Midterms | 2 | 24 | 48 |
| Final | 1 | 24 | 24 |
| Total Workload | 198 | ||
Contribution of Learning Outcomes to Programme Outcomes
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | Being able to identify problems and ask right questions | |
| 2) | Having problem solving skills and developing necessary analytical attitude | |
| 3) | Comprehending theoretical arguments along with counter arguments in detail | |
| 4) | Gaining awareness of lifelong learning and being qualified for pursuing graduate education | |
| 5) | Applying theoretical concepts in project planning | |
| 6) | Communicating efficiently by accepting differences and carrying out compatible teamwork | |
| 7) | Increasing efficiency rate in business environment | |
| 8) | Developing innovative and creative solutions in face of uncertainty | |
| 9) | Researching to gather information for understanding current threats and opportunities in business | |
| 10) | Being aware of the effects of globalization on society and business while deciding | |
| 11) | Possessing digital competence and utilizing necessary technology | |
| 12) | Communicating in at least one foreign language in academic and daily life | |
| 13) | Possessing managing skills and competence | |
| 14) | Deciding with the awareness of the legal and ethical consequences of business operations | |
| 15) | Expressing opinions that are built through critical thinking process in business and academic environment |