Economic reasoning; basic concepts and processes in microeconomics and macroeconomics; identification and discussion of current economic issues covered in popular economics publications. The students who completed ECON 101, 102 can not earn credits from ECON 100.

Human behavior and rationality; introduction to the principles of individual decision making in the presence of resource constraints; functioning of the market economy: demand, supply, and equilibrium; price mechanism and the allocation of resources; economic efficiency, types of market competition, and government intervention.

Human behavior and rationality; introduction to the principles of individual decision making in the presence of resource constraints; functioning of the market economy: demand, supply, and equilibrium; price mechanism and the allocation of resources; economic efficiency, types of market competition, and government intervention.

Human behavior and rationality; introduction to the principles of individual decision making in the presence of resource constraints; functioning of the market economy: demand, supply, and equilibrium; price mechanism and the allocation of resources; economic efficiency, types of market competition, and government intervention.

An introduction to the analysis of the economy as a whole; overview of macroeconomic issues, such as the determination of output, unemployment, inflation, and interest rates; basic models of macroeconomics and illustration of basic principles with examples from Türkiye and other countries; economic fluctuations and stabilization policies; long-run economic growth; money and monetary policy; government spending, taxes, and fiscal policy.

An introduction to the analysis of the economy as a whole; overview of macroeconomic issues, such as the determination of output, unemployment, inflation, and interest rates; basic models of macroeconomics and illustration of basic principles with examples from Türkiye and other countries; economic fluctuations and stabilization policies; long-run economic growth; money and monetary policy; government spending, taxes, and fiscal policy.

An introduction to the analysis of the economy as a whole; overview of macroeconomic issues, such as the determination of output, unemployment, inflation, and interest rates; basic models of macroeconomics and illustration of basic principles with examples from Türkiye and other countries; economic fluctuations and stabilization policies; long-run economic growth; money and monetary policy; government spending, taxes, and fiscal policy.

Conceptual foundations and modeling tools towards an understanding of economic decisions and interactions; theory of the consumer: preferences and utility maximization, with application to different choice contexts; theory of the firm: profit maximization, cost minimization; market equilibrium with perfect competition, monopoly, and oligopoly; markets for factor of production; introduction to general equilibrium and welfare; public goods and externalities; basic concepts of game theory and strategic interaction; information and market failure.

Conceptual foundations and modeling tools towards an understanding of economic decisions and interactions; theory of the consumer: preferences and utility maximization, with application to different choice contexts; theory of the firm: profit maximization, cost minimization; market equilibrium with perfect competition, monopoly, and oligopoly; markets for factor of production; introduction to general equilibrium and welfare; public goods and externalities; basic concepts of game theory and strategic interaction; information and market failure.

Real and financial sides of the aggregate economy; determinants of long-term economic growth and the Solow growth model; the business cycle and the behavior of aggregate consumption, savings, investment , and unemployment; aggregate price dynamics and inflation; monetary and fiscal policies in the context of IS-LM framework; open economy: real exchange rate and balance of payments. Impact of financial crises and macroeconomic policy response.

Real and financial sides of the aggregate economy; determinants of long-term economic growth and the Solow growth model; the business cycle and the behavior of aggregate consumption, savings, investment , and unemployment; aggregate price dynamics and inflation; monetary and fiscal policies in the context of IS-LM framework; open economy: real exchange rate and balance of payments. Impact of financial crises and macroeconomic policy response.

Methods used for empirical examination of economic phenomena. Linear regression: least squares, goodness of fit, prediction; classical regression model; properties of estimators; links between models and economic theory; functional form; interpretation of regression results. Inference; confidence intervals and hypothesis testing; introduction to econometric packages and applications using data from economics and business; implications of relaxing the assumptions of the classical regression model.

Methods used for empirical examination of economic phenomena. Linear regression: least squares, goodness of fit, prediction; classical regression model; properties of estimators; links between models and economic theory; functional form; interpretation of regression results. Inference; confidence intervals and hypothesis testing; introduction to econometric packages and applications using data from economics and business; implications of relaxing the assumptions of the classical regression model.

Theoretical and empirical examination of the labor market: labor supply, demand for labor, and market equilibrium. Links between demographics (gender, race and ethnicity, marital status, age...) and labor market outcomes. Investments in human capital; household production and division of labor, fertility; job mobility and migration. Real and money wage determination; compensation schemes; compensating wage differentials; unions, public versus private sector employment, informal sector, and labor market segmentation; unemployment and poverty; discrimination and segregation. Selected aspects of the labor market in Türkiye.

Analysis of strategic interactions that commonly arise in economic, business, political, and judicial arenas. A systematic introduction to game theory and some of its applications, such as market competition, technological races, auctions, party competition for votes, and bargaining.

Principles of taxation and the role of government: excess burden and optimal taxation; voting and its relevance for public finance; redistribution of income and wealth; inflation and public finance. Welfare economics. Analysis of public sector decision making and privatization. Project evaluation and cost-benefit analysis.

Topics will be announced when offered.

Theoretical and empirical examination of commercial bank operations with specific reference to the Turkish Banking industry. Money supply and demand; the role of commercial banks in the economy and their regulation by monetary authorities; stability of the financial system; bank contracts and their pricing and management with respect to interest rates; inflation and credit risk; securitization of bank assets; factors behind the rapidly growing non-bank sources of corporate funds; the future of banking.

Theoretical and empirical examination of commercial bank operations with specific reference to the Turkish Banking industry. Money supply and demand; the role of commercial banks in the economy and their regulation by monetary authorities; stability of the financial system; bank contracts and their pricing and management with respect to interest rates; inflation and credit risk; securitization of bank assets; factors behind the rapidly growing non-bank sources of corporate funds; the future of banking.

Key issues in bank management and the role of commercial banks in the financial system. Major risks faced by banks, spot lending and asymmetric information, credit rationing, syndicated loans, off–balance sheet banking, risk management techniques used by banks, financial fragility, bankruns, and bank regulation (capital adequacy regulation, Basel regulation rules, liquidity regulation, resolution of failed banks). Financial crisis and its consequences.

Key issues in bank management and the role of commercial banks in the financial system. Major risks faced by banks, spot lending and asymmetric information, credit rationing, syndicated loans, off–balance sheet banking, risk management techniques used by banks, financial fragility, bankruns, and bank regulation (capital adequacy regulation, Basel regulation rules, liquidity regulation, resolution of failed banks). Financial crisis and its consequences.

Topics will be announced when offered.

Topics will be announced when offered.

Topics will be announced when offered.