Computer Engineering
Bachelor	Length of the Programme: 4	Number of Credits: 240	TR-NQF-HE: Level 6	QF-EHEA: First Cycle	EQF: Level 6

Ders Genel Tanıtım Bilgileri

School/Faculty/Institute

Faculty of Engineering

Course Code

ECON 112

Course Title in English

Economics for Engineering

Course Title in Turkish

Mühendislik için Ekonomi

Language of Instruction

Type of Course

Lecture

Level of Course

Introductory

Semester

Fall

Contact Hours per Week

Lecture: 2

Recitation: -

Lab: -

Other: -

Estimated Student Workload

126 hours per semester

Number of Credits

5 ECTS

Grading Mode

Standard Letter Grade

Pre-requisites

None

Expected Prior Knowledge

None

Co-requisites

None

Registration Restrictions

None

Overall Educational Objective

To learn the economic system and obtain profound skills to analyze economic situations which are relevant for an engineer’s professional practice.

Course Description

The course introduces to basic concepts of economics. The course content begins with the analyses of market mechanisms, which are perceived as the elementary organization form of the economy. Subsequently, the role of governmental policies and regularizations are incorporated into the analyses. Firm behavior and the organization of the industry are described in further details. Long-run and short-run dynamics of macroeconomic variables are investigated. The analyzed theoretical concepts are critically reviewed by the help of empirical data. The course ends with applications of presented methods on selected special topics.

Course Description in Turkish

Bu ders, ekonominin temel kavramlarını tanıtır. Dersin içeriği ekonominin asıl organizasyon biçimi olarak algılanan pazar mekanizmalarının analizleri ile başlar. Daha sonra kamu politikalarının ve düzenlemelerinin rolü analizlere dâhil edilir. Şirket davranışları ve endüstri kuruluşları ayrıntılı tanımlanır. Makro ekonomik değişkenlerin uzun ve kısa vadede dinamikleri incelenir. Analiz edilen teorik kavramlar, ampirik veri yardımıyla eleştirel olarak gözden geçirilir. Ders, seçili özel başlıklar altında sunulan yöntemlerin uygulamalarıyla sona erer.

Course Learning Outcomes and Competences

Upon successful completion of the course, the learner is expected to be able to:
1) Analyze market mechanisms, which are perceived as the elementary organization form of the economy
2) Incorporate the role of governmental policies and regularizations into the analyses
3) Describe firm behavior and the organization of the industry
4) Use tools for better understanding of both, the potentials and the limits of economic policy
5) Use computer software to make basic calculations for analyzing economic situations

Program Learning Outcomes/Course Learning Outcomes	1	2	3	4	5
1) An ability to identify, formulate, and solve complex engineering problems by applying principles of engineering, science, and mathematics
2) An ability to apply engineering design to produce solutions that meet specified needs with consideration of public health, safety, and welfare, as well as global, cultural, social, environmental, and economic factors
3) An ability to communicate effectively with a range of audiences
4) An ability to recognize ethical and professional responsibilities in engineering situations and make informed judgments, which must consider the impact of engineering solutions in global, economic, environmental, and societal contexts
5) An ability to function effectively on a team whose members together provide leadership, create a collaborative and inclusive environment, establish goals, plan tasks, and meet objectives
6) An ability to develop and conduct appropriate experimentation, analyze and interpret data, and use engineering judgment to draw conclusions
7) An ability to acquire and apply new knowledge as needed, using appropriate learning strategies.

Relation to Program Outcomes and Competences

N None	S Supportive	H Highly Related

	Program Outcomes and Competences	Level	Assessed by
1)	An ability to identify, formulate, and solve complex engineering problems by applying principles of engineering, science, and mathematics	N
2)	An ability to apply engineering design to produce solutions that meet specified needs with consideration of public health, safety, and welfare, as well as global, cultural, social, environmental, and economic factors	N
3)	An ability to communicate effectively with a range of audiences	N
4)	An ability to recognize ethical and professional responsibilities in engineering situations and make informed judgments, which must consider the impact of engineering solutions in global, economic, environmental, and societal contexts	H	Exam
5)	An ability to function effectively on a team whose members together provide leadership, create a collaborative and inclusive environment, establish goals, plan tasks, and meet objectives	N
6)	An ability to develop and conduct appropriate experimentation, analyze and interpret data, and use engineering judgment to draw conclusions	N
7)	An ability to acquire and apply new knowledge as needed, using appropriate learning strategies.	N

Prepared by and Date	UTKU KOÇ , December 2018
Course Coordinator	MEHMET FEVZİ ÜNAL
Semester	Fall
Name of Instructor	Prof. Dr. MURAT DONDURAN

Course Contents

Week	Subject
1)	Introduction and Principles
2)	Trade and Market Mechanisms
3)	Elasticity, Market Mechanisms and Government Policies
4)	Markets and Welfare
5)	Economics of the Public Sector
6)	Firm Behavior and Industrial Organization
7)	Economics and Information
8)	Data and Empirical Evidence
9)	Production, Growth, Saving and Investments
10)	Financial Economics
11)	Monetary System
12)	Short-Run Economic Fluctuations
13)	International Economics and Macroeconomic Policy
14)	Applications for International Economics
15)	Final examination period
16)	Final examination period

Required/Recommended Readings

Required N. Gregory Mankiw. “Essentials of Economics”, South-Western Cengage Learning, 6th or 7th edition. Frank, Bernanke. “Principles of Economics”, McGraw-Hill, 5th edition. Recommended Tim Harford, “The Undercover Economist”, Random House Trade Paperbacks, 2010. Miller, Benjamin, North. “The Economics of Public Issues”, Pearson Series in Economics, 18th Edition, Paperback, 2013.

Teaching Methods

Lectures and class discussions

Homework and Projects

None

Laboratory Work

None

Computer Use

None

Other Activities

None

Assessment Methods

Assessment Tools	Count	Weight
Quiz(zes)	8	% 20
Midterm(s)	2	% 40
Final Examination	1	% 40
TOTAL		% 100

Course Administration

Instructor’s office and phone number: office hours: email address: Rules for attendance: Attendance is not mandatory, though highly necessary Missing a quiz: Provided that proper documents of excuse are presented, each missed quiz by the student will be given a grade by taking the average of all of the other quizzes. No make-up will be given. Missing a project: Project deadlines are always extendable up to 72 hours, with submissions late for (0,24] hours receive 70% of the credit they get, (24,48] hours receive 35% , and (48,72] receive 10%. Missing a midterm: Provided that proper documents of excuse are presented, each missed midterm by the student will be given the grade of the final exam. No make-up will be given. Missing a final: Faculty regulations. A reminder of proper classroom behavior, code of student conduct: YÖK Regulations Statement on plagiarism: YÖK Regulations (http://3fcampus.mef.edu.tr/uploads/cms/webadmin.mef.edu.tr/4833_2.pdf ) Plagiarism and cheating will be treated according to the university’s regulations and legal administration. Dean’s office will be informed in case of cheating during the exams.

ECTS Student Workload Estimation

Activity	No/Weeks	Hours			Calculation
	No/Weeks per Semester	Preparing for the Activity	Spent in the Activity Itself	Completing the Activity Requirements
Course Hours	14	1	3		56
Quiz(zes)	8	3	1		32
Midterm(s)	2	10	2		24
Final Examination	1	12	2		14
Total Workload					126
Total Workload/25					5.0
ECTS					5