| Week |
Subject |
Related Preparation |
| 1) |
• Examines the course content.
• Examines the concept of microeconomics.
• Examines the course.
• Discusses the basic microeconomics concept.
• Discuss the emergence of microeconomics. |
NONE |
| 2) |
• Examines the basic concepts of taking economic decisions.
• Deines the factors of production.
• Depicts the economic variables on graphs.
• Discuss the model concept.
• Define individual decisions.
• Define the concept of scarcity.
• Evaluates the Production Possibilities Model
• Identify positive economics. |
|
| 3) |
PRICE MECHANISM
• Evaluates demand function.
•Discuss price and consumer behaviors.
• Evaluates supply function.
• Discuss price and producer behavior.
• Define equilibrium price and quantity.
• Formulate the demand and supply model by numerical examples. |
|
| 4) |
DEMAND and SUPPLY MODEL(cont'd) |
|
| 5) |
• Evaluates firm concept.
• Explains the production decisions .
• Evaluates the the short-run and long-run concepts.
• Evaluates the goal of the traditional firm.
• Discuss production decision of a firm. |
|
| 6) |
• Define cost variables.
• Discuss the relationship of production and cost in the SR and LR.
• Defines the shapes of the production and cost functions and draw them.
• Analyze examples of individual firms. |
|
| 7) |
• Defines production in the context of the Neoclassical model.
• Explain perfectly competitive firm.
• Explain the equilibrium under competition.
• Explains the static/dynamic analysis difference in relation to equilibrium.
•Verifies his/her knowledge by the help of examples from life. |
|
| 8) |
Students are assessed by midterm exam.
|
|
| 9) |
• List imperfect competion markets .
• Discuss the differences of imperfectly competitive markets.
• Explain the equilibrium under monopoly.
• Explain the examples of monopoly from daily lives.
|
|
| 10) |
• Defines the types of imperfectly competitive firms.
• Classifies the types in relation to causes.
• Examines the different markets. |
|
| 11) |
• Recognize the concept of labour market.
• Discuss decisions of workers to work or not.
• Discuss and explain the equilibrium in the labour market.
• Explain the theory of absolute superiority.
• Defines the relationship between the labour and output markets.. |
|
| 12) |
• Explains capital as a factor of production.
• Examines the difference between fixed capital and financial capital.
• Examines how capital market works as a market of a resource.
• Investigates the examples from different countries around the globe. |
|
| 13) |
• Defines and recognize choices of individual firms and markets .
• Evaluates firms behaviours .
• Evaluates the relationship between firm and the market structure.
• Evaluates the current examples of firms,markets and problems on the basis of the knowledge experienced in the course. |
|
| 14) |
•Review |
|
| 15) |
• Students are evaluated with the final exam. |
Study for final exam |
| |
Program Outcomes |
Level of Contribution |
| 1) |
explain the essential body of knowledge in the area of international trade, including evolution of the discipline, the state-of-the-art concepts, scientific methodology, theories and models. |
4 |
| 2) |
employ the appropriate tools and analytical techniques to collect and analyze quantitative and qualitative data in the related areas, interpret results and propose solutions. |
4 |
| 3) |
integrate the theories of international trade with the real life functions in changing global business world and interpret the major recent developments in the world trading system and also be able to evaluate interaction between economic development and foreign trade. |
3 |
| 4) |
have the vision of international business and trade system, and also have knowledge of the logistics management associated with foreign trade and also explain foreign trade financing products and services that are issue of foreign trade, insurance and risks |
3 |
| 5) |
discover and create entrepreneurial opportunities and expertise to successfully establish and develop their own ventures. |
3 |
| 6) |
define the features and property of products and services that are the subjects of foreign trade, quality and standards in national and international level. |
2 |
| 7) |
communicate in written and oral English with people from diverse backgrounds, and have the English proficiency to follow and interpret the global dynamics in the areas of international trade |
2 |
| 8) |
recognize the major instruments of trade policy such as tariffs, non-tariff barriers, state aids, international agreements, international organizations and institutions, e-trade, and their effects on foreign trade policy. |
4 |
| 9) |
identify standards of personal, professional, social and business ethics, evaluate the ethical implications of various practices in the related areas, and be aware the importance of ethical behavior in adding value to the society
|
4 |
ISTANBUL OKAN UNIVERSITY INFORMATION PACKAGE / COURSE CATALOGUE
