Language of instruction: |
English |
Type of course: |
Non-Departmental Elective |
Course Level: |
Bachelor’s Degree (First Cycle)
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Mode of Delivery: |
Face to face
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Course Coordinator : |
Prof. Dr. ÇAĞLAR YURTSEVEN |
Course Lecturer(s): |
Prof. Dr. NECİP ÇAKIR
Prof. Dr. ÇAĞLAR YURTSEVEN
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Recommended Optional Program Components: |
None |
Course Objectives: |
Introduction to Economics-I is an introductory level course that covers topics such as relative scarcity, efficiency and welfare, cost of choices, and market structures. Its primary aim is to develop a basic understanding of economic principles and issues. It develops your economic literacy and teaches you how economics relates to the everyday life of individuals, businesses and society in general. |
Week |
Subject |
Related Preparation |
1) |
Orientation |
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2) |
Ten Principles of Economics & Thinking Like an Economist |
MANKIW & TAYLOR 2nd ed., Ch.1, 2
MRU: 1. Introduction |
3) |
The Market Forces of Supply and Demand |
MANKIW & TAYLOR 2nd ed., Ch. 4
MRU: 2. Supply, Demand and Equilibrium |
4) |
Elasticity and Its Application |
MANKIW & TAYLOR 2nd ed., Ch. 5
MRU: 3. Elasticity and Its Application |
5) |
Supply, Demand & Government Policies |
MANKIW & TAYLOR 2nd ed., Ch. 6
MRU: 4. Taxes and Subsidies AND 6. Price Ceilings and Price Floors |
6) |
Review |
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7) |
Consumers, Producers & the Efficiency of the Markets |
MANKIW & TAYLOR 2nd ed., Ch. 7
MRU 2: Supply, Demand and Equilibrium (Subsections Consumer Surplus and Producer Surplus) |
8) |
Midterm Exam |
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9) |
The Costs of Production |
MANKIW & TAYLOR 2nd ed., Ch.13
MRU 9: Costs and Profit Maximization under Competition |
10) |
Firms in Competitive Markets |
MANKIW & TAYLOR 2nd ed., Ch.14
MRU 10: Competition and Invisible Hand |
11) |
Monopoly |
MANKIW & TAYLOR 2nd ed., Ch. 15
MRU 11: Monopoly |
12) |
Monopolistic Competition |
MANKIW & TAYLOR 2nd ed., Ch.16 |
13) |
Oligopoly & Game Theory |
MANKIW & TAYLOR 2nd ed., Ch.17 |
14) |
Final Review |
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Program Outcomes |
Level of Contribution |
1) |
Understands the principles of artistic creation and basic design and applies the art and design objects he creates within this framework. |
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2) |
Conducts the multifaceted research required for textile and fashion design processes and analyzes and interprets the results. |
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3) |
Creates original and applicable fabric, clothing and pattern designs by using elements from different historical periods and cultures in accordance with his purpose. |
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4) |
Recognizes textile raw materials and equipments. |
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5) |
Uses computer programs effectively in the garment and fabric surface design process. |
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6) |
Has professional technical knowledge regarding the implementation of clothing designs and production; In this context, recognizes and uses technological tools and equipment. |
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7) |
Understands the importance of interdisciplinary interaction and communication in textile and clothing design-production-presentation processes and reflects this on the processes. |
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8) |
Works in a programmed and disciplined manner in professional practices. |
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9) |
Realizes the necessity of lifelong learning to maintain his productivity, creativity and professional competence. |
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10) |
Understands, adopts and applies ethical responsibilities in professional practices; Has knowledge of relevant legal regulations. |
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11) |
Establishes effective visual, written and verbal communication in the field of textile and fashion design. |
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12) |
Reflects his knowledge on current and contemporary issues from all fields to his professional theoretical and practical studies on textile and clothing design; Understands the social and universal effects of these issues. |
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13) |
Has sufficient awareness about social justice, environmental awareness, quality culture and protection of cultural values. |
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