IKT 101 - Introduction to Economics I

The objective of the course is to teach students the fundamentals of economics. This course introduces basic concepts and tools of microeconomic theory, and provides an understanding of microeconomic analysis and its applications.

In this course, the behavior of individual units of the economy such as individuals, households, firms and industries are analyzed. The course covers demand, supply and the market equilibrium; consumer behavior and decision-making process; and firms, their decisions about optimal production and the influence of different market structures on firm behavior. 

• Begg, Vernasca, Fischer and Dornbush, Economics, 11th Edition, McGraw-Hill Education, 2014.

• Case, Fair and Oster, Principles of Economics, 11th Edition, Pearson, 2014.
• Zeynel Dinler, İktisada Giriş, Ekin Basım Yayın Dağıtım, 2014.

Attendance is considered an essential aspect of this course. The material covered in lectures will be a subject of evaluation, and while some topics are available in the textbook, others are exclusive to the lectures. Hence, students are strongly recommended to attend all class meetings regularly and on time. Your punctuality is not only expected but also appreciated.

This course has a zero-tolerance policy for cheating and plagiarism. Students found engaging in such behavior will face severe consequences, including course failure and disciplinary actions. Cheating involves deceit, fraud, or dishonesty, especially during examinations, while plagiarism is the misrepresentation of someone else’s work as your own.