Course Code : EKON 101

Course Title : Introduction to Economics I

Weekly Course and application hours of the course: 3-0

Brief Course Description: General principles of economics and mainly microeconomics are examined. In this context: Audience, cost and preferences, supply and demand, flexibility, producer and consumer behaviour, marginal analysis, price formation in the free (competitive) market and other issues are examined.

Textbooks and supplementary books:

  1. Managerial Economics and Business Strategy Global Edition, Michael Baye, McGraw Hill

  1. Economics of Money, Banking and Financial Markets, Frederic S. Mishkin, Pearson

Education Books.

Course Evaluation:

Participation / Attendance : 10%,

Mid-Term Exam : 30%,

Homework : 10%,

Final Exam : 50%,

Attendance is at least 95 % mandatory.