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. |
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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. |
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4) |
DEMAND and SUPPLY MODEL(cont'd) |
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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. |
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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. |
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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. |
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8) |
Students are assessed by midterm exam.
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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.
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10) |
• Defines the types of imperfectly competitive firms.
• Classifies the types in relation to causes.
• Examines the different markets. |
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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.. |
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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. |
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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. |
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14) |
•Review |
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15) |
• Students are evaluated with the final exam. |
Study for final exam |
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Program Outcomes |
Level of Contribution |
1) |
Learning the facts, concepts and principles related to tourism and hotel management |
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2) |
Having a theoretical and practical knowledge at the basic level related to the field |
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3) |
To be able to make analytical evaluations for tourism and travel sector |
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4) |
Learning the basic laws and regulations and professional standarts that apply regarding the tourism sector in Turkey and physical environment associated with hotel management space, tools, and use acquainted with the technology, applying the ethical values, protecting the natural environment |
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5) |
To be able to work efficiently in the tourism sector |
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6) |
Learning the characteristics of the major tourist destinations to apply this knowledge in the tourism sector for Turkey and worldwide |
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7) |
Organizing, coordinating and developing departments in accommodation organizations |
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8) |
To be able to define and develop sales techniques and income management practices applied in accommodation and food and beverage companies |
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9) |
Demonstrating the ability to apply professional working techniques in food and beverage establishments |
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