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Course Code: 
ECON 291
Course Period: 
Spring
Course Type: 
Core
P: 
3
Lab: 
0
Credits: 
3
ECTS: 
6
Course Language: 
English
Course Objectives: 
The main aim of the course is to provide the student with a basic understanding of the economic and financial environment in which the firm exists and operates.
Course Content: 

The inter-relation among product-markets, factor-markets, and financial-markets, Debt-financing, equity-financing, and retained- earnings, The balance between debt-financing and equity-financing, and the effect  on the value of the firm, The time-value-of-money and applications: Capital budgeting: Net present value (NPV) and project evaluation, Present-value and future-value concepts, and deriving the time value of money equations, Four major Market-structures and determinants of firm Market-power

Course Methodology: 
1: Lecture, 2: Interactive Lecture, 3: Special Support / Structural Examples, 6: Case Study
Course Evaluation Methods: 
A: Testing, C:Homework

Vertical Tabs

Course Learning Outcomes

 

 

Learning Outcomes 

Program Outcomes

Teaching Methods 

Assessment Methods 

1) Provides the student with a basic understanding of the economic and financial environment in which the firm exists and operates.

1,6,7,8

1,2,3,6

A,C

2) Prepares and equips the student to better participate in the various economic and financial processes of the firm.

1,6,7,8

1,2,3,6

A,C

3) Increases student’s potential for success for future employment; and increases the student’s potential for success in managing a business.

1,6,7,8

1,2,3,6

A,C

4) Enhances the skills regarding analytical-reasoning and practical-applications that can be of use in professional decision-making in business,

1,6,7,8

1,2,3,6

A,C

 

Course Flow

 

 

COURSE CONTENT

Week

Topics

Study Materials

1

Introduction: How the economy works: The concept of scarcity and economy

 

2

Introduction: Economic thinking method, economic cycle

 

3

Supply and Demand 

 

4

Supply and Demand 

 

5

Consumer balance and benefits maximization

 

6

Producer balance and profit maximization

 

7

Market types

 

8

Midterm

 

9

GSMH and life standarts

 

10

TÜFE-TEFE

 

11

Economic growth sources and theories

 

12

Investment, savings and interest rates

 

13

Fiscal policy

 

14

Monetary policy

 

15

International economic system

 

16

Final Exam

 
 

Recommended Sources

 

 

RECOMMENDED SOURCES

Textbook

Foundations of Economics; R.Bade&M.Parkin ,Pearson

Additional Resources

Daily economic news, newspapers, economy blogs

 

Material Sharing

 

 

MATERIAL SHARING

Documents

Documents, slides containing up-to-date information on macro economy

Assignments

 

Exams

 
 

Assessment

 

 

ASSESSMENT

IN-TERM STUDIES

NUMBER

PERCENTAGE

Midterm

1

80

Quiz

1

20

Totall

 

100

Contribution of Final Examination to Overall Grade

 

50

Contribution of In-Term Studies to Overall Grade

 

50

Totall

 

100

 

Course’s Contribution to Program

 

COURSE'S CONTRIBUTION TO PROGRAM

No

Program Learning Outcomes

Contribution

1

2

3

4

5

 

1

S/he has theoretical knowledge about the field of public relations

       

x

 

2

S/he knows the research methods and techniques that are related to the field of public relations.

   

x

     

3

S/he has knowledge and awareness about the interdisciplinary issues that are required by the field. S/he comprehends the relation of those issues with public relations.

   

x

     

4

S/he is able to make oral presentations in English about her/his field.

     

x

   

5

S/he has the digital competencies that are required by the field.

   

x

     

6

S/he has the ability of creative thinking that is required by the field of public relations.

     

x

   

7

S/he has the abilities of research, planning, implementation, measurement and assessment that are necessary for a successful public relations practice.

     

x

   

8

S/he evaluates and applies the knowledge and abilities she/he has acquired in her/his field to partner organizations in the sector through teamwork. 

   

x

     

9

S/he is able to evaluate the knowledge and abilities she/he has acquired in her/his field from an analytical and critical perspective.

     

x

   

10

S/he has the awareness of practicing and developing the profession of public relations by adhering to ethical rules.

     

x

   
 

ECTS

 

 

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION

Activities

Quantity

Duration
(Hour)

Total
Workload
(Hour)

Course Duration

14

3

42

Hours for off-the-classroom study (Pre-study, practice)

15

6

90

Quiz

1

3

3

Mid-terms

1

3

3

Final examination

1

3

3

Total Work Load

   

141

Total Work Load / 25 (h)

   

5,64

ECTS Credit of the Course

   

6