Credit Structure: (3-0)3

Textbook :

R.G. Lipsey, P.N. Courant, 1999, Economics,12^th Edition, Harper Collins College. Available in the library (HB 171.5 L733 1999).

Syllabus :

• Economic Problem

• The Differences Between Micro- and Macro-economics

• Demand, Supply and Price

• Elasticity

• Marginal Utility Theory

• Organization of Production

• Cost – Supply (short run – long run)

• Competitive Market

• Monopoly

 

Homeworks, Quizzes, Projects:

There will be one midterm exam and a final exam. Exams will cover all the topics studied in lecture hours. Moreover, you have to prepare a term project in groups of 5.

Term Project Subjects:

•  National Income (Determination & Distribution)

•  Labor Unions, Collective Bargaining

•  Inflation, Deflation, Stagflation & Unemployment

•  Traditional & Keynesian Theory (basic differences between them)

•  Banking & Central Bank

•  Privatization

•  Exchange Rates

•  Growth & Development of Economies

•  Government Taxation

 

Grading:

Midterm                25%  

Final                     40%   

Term Project          30%

Attendance             5%

Examinations and quizzes will be closed book and notes.

 

Coordinator:

Esra EKİNCİ