Utility, Choice: The Consumer's Maximization Problem
Oral Presentation
4. Week
Demand and Supply
Oral Presentation
5. Week
Elasticity
Oral Presentation
6. Week
Market Equilibrium
Oral Presentation
7. Week
Production Theory
Oral Presentation
8. Week
Production Theory
Oral Presentation
9. Week
Production Theory
Oral Presentation
10. Week
Cost Theory
Oral Presentation
11. Week
Production and Pricing in a Perfect Competition Market
Oral Presentation
12. Week
Production and Pricing in the Monopoly Market
Oral Presentation
13. Week
Oligopoly and Duopoly
Oral Presentation
14. Week
Equilibrium in the Labor Market
Discussion, Applying and Practice
15. Week
Final
Assessment
16. Week
Final
Assessment
17. Week
Final
Assessment
Assessments
Evaluation tools
Quantity
Weight(%)
Midterm(s)
1
30
Quizzes
1
10
Final Exam
1
60
Program Outcomes
PO-1
Demonstrates a basic level of understanding in related disciplines (such as economics, sociology, psychology, quantitative sciences, etc.) that form a foundation for business administration, and makes use of and applies them to the field of business.
PO-2
Applies mathematical, scientific, and social knowledge to business problems.
PO-3
Demonstrates a basic level of understanding in business functions and management (such as management, production, marketing, accounting, finance, human resources, behavioral sciences, etc.) and interprets the theoretical arguments focusing on interactions between the actors and the cultures in the field.
PO-4
Determines how to use acquired theoretical and practical knowledge and skills related to business in application and field analysis and applies them.
PO-5
Identifies and evaluates the relations in the field of business; describes the problems and presents analytical solutions through modeling and interpreting (critical thinking).
PO-6
Designs a business process in any functional stage that complies with identified objectives.
PO-7
Develop effective business communication skills (written-verbal/formal-informal).
PO-8
Owns effective working skills individually or on a team in business and multidisciplinary fields.
PO-9
Acts with a sense of professional and ethical responsibility.
PO-10
Improves effective verbal and written communication skills in English, and acquires competence in a minimum of one foreign language.
PO-11
Acquires basic knowledge about sustainable business understanding, sustainable business functions, and the concept of sustainability.
PO-12
In line with the requirements of the digital age, they gain experience and knowledge to see and analyze the business as a whole, analyze market behavior, sales, and planning, budget management, financing, create a strategy, read competitor strategies, construct scenarios and performance evaluation skills through teamwork on a virtual simulation program.
PO-13
Having both basic computer usage knowledge and advanced Excel usage knowledge required by the business world for writing formulas, data analysis, modeling, and using macros.
PO-14
Acquires knowledge and skills about current information systems and how to use these systems in business problems.
PO-15
Gains the competence to use an ERP-based computer software in the field of accounting and to apply financial accounting transactions digitally on this software.
Learning Outcomes
LO-1
Discuss micro economical concepts
LO-2
Identify micro and macro ecomomics
LO-3
Examine the opportunity cost, production possibilities curve and economic profit