Izlence
Course Code & Number:
ECON 101-O
Course Title:
Economics I
Level:
BS
Credit Hours/ ECTS Credits:
(3+1+0) 4 TEDU Credits, 6 ECTS Credits
Academic Year
2022
Semester
Spring
Catalog Description:
Introduction to the principles of economics. Economic actors. Gains from trade. Supply and demand. Government intervention. Firm behavior in output markets. Market structures.
Pre-requisite / Co-requisite
Pre-requisites:
NONE
Co-requisites:
NONE
Instructor:
Sap Event ID:
50180537
Learning Outcomes:
Upon succesful completion of this course, a student will be able to
1. Demonstrate their understanding of how markets clear through the interaction of supply and demand.
2. Describe different market structures, their similarities and differences.
3. Show graphically and algebraically how firms respond to changing demand and costs.
4. Explain gains from trade by using comparative advantage concept.
5. Explain graphically and algebraically the consequences of government intervention in the form of price controls and indirect taxes.
6. Use economic analysis to evaluate current social and political issues and policies
Learning Activities and Teaching Methods:
Telling/Explaining
Discussion/Debate
Questioning
Reading
Demonstrating
Problem Solving
Case Study/Scenarion Analysis
Video Presentations
Oral Presentation
Web Searching
Experiments
Assessment Methods and Criteria:
Test / Exam
Quiz/Homework
Oral Project
Written Project
Presentation (Oral/Poster)