MATHEMATICS (TURKISH, PHD)
PhD TR-NQF-HE: Level 8 QF-EHEA: Third Cycle EQF-LLL: Level 8

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
AKB5100 Economics Fall 3 0 3 12
The course opens with the approval of the Department at the beginning of each semester

Basic information

Language of instruction: Tr
Type of course: Departmental Elective
Course Level:
Mode of Delivery: Face to face
Course Coordinator : Dr. Öğr. Üyesi BAHAR KÖSEOĞLU
Course Objectives: The aim of this course is to give the actuarial student a general idea about the basic subjects under macro and micro economics so as to meet the requirements of the national exams.

Learning Outputs

The students who have succeeded in this course;
Students will develop an understanding of macroeconomic analysis and interpret the economic environment with regard to inflation, investment returns, stock market behaviour, exchange rates and economic growth.This module will also give students the ability to understand the key aspects of the operation of markets, consumer demand, the production decisions of a firm, the determinants of market structure, and the effects of market structure on a firm's supply and pricing decisions.

Course Content

Macro economics: suuply and demand, macro economic policies,unemployment and income distribution, monetary and fiscal policies, economic growth and development, international trafe, inflation and stabilization.

Micro economics: Consumer and supplier behavior, utility theory, production cost, market equilibrium and price theory, behavior of the firm and market competition.

Weekly Detailed Course Contents

Week Subject Related Preparation
1) Tıtal demand, total supply and macro economic policies.
2) Employment and unemployment analysis, salaries and income distribution.
3) Money and monetary policies, fiscal policies.
4) Economic growth.
5) Growth analysis and economic development.
6) Measuring macro economic activities.
7) International trade, inflation and stabilization policies.
8) Consumer behavior and utility.
9) Utility theory and consumer equilibrium.
10) Supplier behavior and supplier equilibrium.
11) Production and production cost.
12) Market equilibrium and price theory.
13) Behavior of the firm.
14) Competitive markets.
15) Final exam.
16) Final exam.

Sources

Course Notes: Dornbush, R., Fischer S., 1998, Macro Economics (Turkish translation). Lipsey, R.g., Courant, P.N., Ragan, C.T.S., (1999), Economics, Edison Wisley.
References:

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Attendance % 0
Laboratory % 0
Application % 0
Field Work % 0
Special Course Internship (Work Placement) % 0
Quizzes % 0
Homework Assignments 4 % 15
Presentation % 0
Project % 0
Seminar % 0
Midterms 2 % 50
Preliminary Jury % 0
Final 1 % 35
Paper Submission % 0
Jury % 0
Bütünleme % 0
Total % 100
PERCENTAGE OF SEMESTER WORK % 65
PERCENTAGE OF FINAL WORK % 35
Total % 100

ECTS / Workload Table

Activities Number of Activities Duration (Hours) Workload
Course Hours 14 3 42
Laboratory 0 0 0
Application 0 0 0
Special Course Internship (Work Placement) 0 0 0
Field Work 0 0 0
Study Hours Out of Class 14 2 28
Presentations / Seminar 0 0 0
Project 0 0 0
Homework Assignments 4 8 32
Quizzes 0 0 0
Preliminary Jury 0
Midterms 2 12 24
Paper Submission 0
Jury 0
Final 1 20 20
Total Workload 146

Contribution of Learning Outcomes to Programme Outcomes

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution