ANTALYA BILIM UNIVERSITY

ECONOMICS

COURSE DESCRIPTIONS

ECON 1XXX

ECON 1315 Labor Economics

This course explains firm and household behavior under various factor market types, introduces effects of various government support and subsidy policies on labor demand and supply and explains importance of gender and various frictions on wage differentials and unemployment. İt also introduces and analyzes the decision dynamics of firms behind labor demand and of households behind labor supply in factor markets.

 

Theory: 3

Practice: 0

Credits: 3

ECTS: 4

 

ECON 1XXX

ECON 1401-1402 Turkish Economy I-II

The course evaluates the Turkish economy in a historical perspective. Moreover, the course focuses on current and the last decade of the economy. The economy is approached in a global scale. Every aspect of the economy is evaluated by doing comparison by other countries or country groups. Per capita income level, growth rate, unemployment rate, employment level, labor market participation rate, sectoral structure of production, share of public sector in the economy, expenditure structure, saving rate, public economy, structure of taxes systems, public debt and its structure, balance of payments and its structures are the major aspects to be studied and problems to be identified. The macroeconomic policies and reforms implemented during this period are investigated and evaluated. Hence, areas requiring reforms are revealed.

 

Theory: 3

Practice: 0

Credits: 3

ECTS: 4

 

ECON 1XXX

ECON 1101 Introduction to Economics I

The course will acquaint students with the notions of demand and supply, rational decision making, resource allocation, markets as mechanisms of allocation and coordination, the concept of externalities and, finally, the role of competition as a driving force of free-market economies. After completing this course, students will be able to identify and analyze the driving forces in free-market economies and predict, evaluate and criticize the outcomes and allocations in basic economic situations involving supply and demand.

 

Theory: 3

Practice: 0

Credits: 3

ECTS: 6

 

ECON 1XXX

ECON 1102 Introduction to Economics II

The course will help students to learn the reason of main macroeconomic problems and tools to overcome these problems: What causes Inflation? How economists and government may deal with inflation? Why Unemployment rate is so high in some countries? What can be done to reduce high unemployment rate? How can we measure if an economy is doing good or bad? How can we reach a sustainable Long-run Growth and what kind of fiscal or monetary policy can be applied for a sustainable growth?

 

Theory: 3

Practice: 0

Credits: 3

ECTS: 6

 

ECON 11XX

ECON 1103 Research Methods in Economics

In this course, students will learn how to make inferences and draw conclusions from sample data and observations.  After completing this course, students will know the difference between scientific and non-scientific statements, they will be able to formulate adequate scientific research questions, to collect data and to critically analyze and review the latter with the help of standard statistical techniques and tests such as the central limit theorem, confidence intervals, p-values and t-tests.

Theory: 3

Practice: 0

Credits: 3

ECTS: 4

 

ECON 1XXX

ECON 1201-1202 Microeconomics I&II

İn this course conditions of goods and services demand, labor supply, production and cost theories in short and long run, factor demand of the firm, production decision and determination of supply, behavior of producers under different market types are analyzed and discussed.

 

Theory: 4

Practice: 0

Credits: 4

ECTS: 5

 

ECON 2XX

ECON 1203-1204 Macroeconomics I&II

The course will help students to learn the reason of main macroeconomic problems and tools to overcome these problems: What causes Inflation?  How economists and government may deal with inflation? Why Unemployment rate is so high in some countries? What can be done to reduce high unemployment rate? How can we measure if an economy is doing good or bad? How the Labor market get into equilibrium level?  How can we reach a sustainable Long-run Growth and what kind of fiscal or monetary policy can be applied for a sustainable growth? How demand for labor and supply for labor determines the real wages?

 

Theory: 4

Practice: 0

Credits: 4

ECTS: 5

 

ECON 1XXX

ECON 1303-1304 Mathematical Economics I&II

The course help students to learn how economic analyses can be formulated and solved by using mathematical rules such that: How profits of firms can be maximized with given price constraints? How cost of firms can be minimized with given cost constraints? How first order and second order derivatives can be employed for optimization problems? How general market equilibrium and partial market equilibrium can be calculated by using mathematical rules? etc.

 

Theory: 4

Practice: 0

Credits: 4

ECTS: 5

 

ECON 1XXX

ECON 1417 Industrial Organization

This course is primarily designed for upper-undergraduate students. It introduces students to the field of industrial organization, which deals with the structure, management and performance of firms, industries and markets. Emphasis is taken on firm behavior and its implications on economic welfare and efficiency.

 

Theory: 3

Practice: 0

Credits: 3

ECTS: 4

 

ECON 1XXX

ECON 1301 Econometrics I

This course aims to equip students with the core methodological tools of analyzing the relationships among economic variables using real life data. The objective is to provide students with a solid understanding of correctly formulating, estimating, and drawing inferences from a linear regression model. More specific topics include model specification, heteroscedasticity, serial correlation, multicollinearity, dummy variables, and associated diagnostic tests.

 

Theory: 4

Practice: 0

Credits: 4

ECTS: 5

 

ECON 1XXX

ECON 1302 Econometrics II

This course aims to provide a thorough grounding of the modern theory of econometrics and covers some of the more advanced topics in econometric estimation and inference: time series data, models involving simultaneous equations, generalized least squares, two-stage least squares, the binomial probit and the multinomial logit model.

 

Theory: 4

Practice: 0

Credits: 4

ECTS: 5

 

ECON 1XXX

ECON 1307-1308 Monetary Economics I&II

The course will help students to learn every aspects of financial market operations such that: What kind of financial institutions operate in financial market? How payment system works out? How interest rates are determined in the financial market? What is compounding or discounting? How bonds and stocks prices are determined in the bond and stock market? How derivative (futures, contracts, options, swaps) market operate? Why there is an inverse relationship between bond price and bond yields? How exchange rate risk can be eliminated by using derivatives?

 

Theory: 3

Practice: 0

Credits: 3

ECTS: 4

 

ECON 1XXX

ECON 1305-1306 International Economics I&II

The course help students to learn all aspects of international trade such that: Why countries getting more open to the rest of the world? How international trade cause a redistribution of resources, income and jobs? How open economies gain from international trade? Should there be a control over international trade by imposing tariffs or quotas or other barriers? What kind of goods should be traded by nations? Do labor or capital movements affect the redistribution of resources or income level? etc.

Theory: 3

Practice: 0

Credits: 3

ECTS: 4

 

ECON 1XXX

ECON 1405 Economic Growth

 This course introduces students to the field of development economics: the history of economic development and industrialization and the study of the living conditions, poverty and distribution of welfare in emerging countries and communities. It covers the major debates related to poverty, its causes and consequences and the policy tools used to evaluate and address the latter.

 

Theory: 3

Practice: 0

Credits: 3

ECTS: 4

 

ECON 1XXX

ECON 1206 Public Finance

This course forms a broad introduction to the economic analysis of the public sector.  It provides students with analytical tools needed to understand the role the government plays in the economy and policy issues regarding public spending and budget deficits, fiscal policy, supply of public goods, public choice, equity and economic efficiency.

 

Theory: 4

Practice: 0

Credits: 4

ECTS: 5

 

ECON 1XXX

ECON 1414 Game Theory

This course is primarily designed for upper-undergraduate students. It introduces students to the basic concepts of game theory, which studies the strategic decisions of and interactions between individuals who can have opposed, mixed or similar interests, preferences and strategies. The interacting individuals can be groups of firms, political parties, countries or pairs such as employer and employee. Strategic interactions span a plethora of situations in everyday life and may include competition and cooperation in markets, bidding in auctions, negotiations between countries, party competition for votes or job-market signaling.

 

Theory: 3

Practice: 0

Credits: 3

ECTS: 4

 

ECON 1XXX

ECON 1411 Time Series Analysis and Forecasting

This course explains time series analysis  and forecasting techniques by using computer applications.

 

Theory: 3

Practice: 0

Credits: 3

ECTS: 4

 

ECON 1XXX

ECON 1407-1408 Special Topics in Economics I&II

İn this course, important and up-to-date global and country based economical developments will be discussed and analyzed.

 

Theory: 2

Practice: 0

Credits: 2

ECTS: 4

 

ECON 1XXX

ECON 1403-1404 Applied Econometrics I&II

The aim of this course is to endow students with data analysis skills to be used not only in the public and private sector, but also in a graduate career in economics. This course builds on ECON 301 and ECON 302 . It goes beyond the OLS regression models to estimate simple associations between variables and covers those modern econometric methods and techniques most frequently used to analyze cross-sectional and panel data. Topics discussed and reviewed include both the necessay theoretical background and the practical aspects of microeconomic data analysis using modern software packages.

 

Theory: 3

Practice: 0

Credits: 3

ECTS: 6

 

ECON 1XXX

ECON 1317 Computational Economics

This course provides students with a strong mathematical and analytical background for a graduate career in economics. It gives a comprehensive overview and treatment of the most common mathematical methods and techniques and their practical applications in dynamical economics. Specific topics covered include linear and nonlinear difference equations, nonlinear oscillations,  bifurcation theory and chaos and hysteresis in dynamical systems.

 

Theory: 3

Practice: 0

Credits: 3

ECTS: 4

 

ECON 1XXX

ECON 1111 (Mathematics-I)

This course is planned to provide a fundamental basis of Mathematics for Economics students Functions and their graphs, composite and inverse functions, limits, continuity, derivatives and their properties, interactions and applications and optimization will be discussed in this course.

Theory: 3

Practice: 1

Credits: 4

ECTS: 6

 

ECON 1XXX

ECON 1112 (Mathematics-II)

This course is planned to provide a fundamental basis of Mathematics for Economics students. Integration, differential equations, area between curves, functions of several variables, partial derivatives, maxima and minima, lagrange multipliers, method of least squares and double integrals are the discussion topics of the course.

Theory: 3

Practice: 1

Credits: 4

ECTS: 6

 

STAT 1XXX

STAT 1201 (Statistics-I)

This course is planned to provide a fundamental basis of Statistics for economics students. Data analysis, probability theory, random variables and probability distributions will be the topics to be discussed.

Theory: 3

Practice: 1

Credits: 4

ECTS: 5

 

STAT 1XXX

STAT 1202 (Statistics-II)

This course is planned to provide a fundamental basis of Statistics for Economics students. Sampling, estimation, hypothesis testing and regression are the core topics of the course.

 

Theory: 3

Practice: 1

Credits: 4

ECTS: 5