Islamic Economics and Finance
Course Details
KTO KARATAY UNIVERSITY
İktisadi, İdari ve Sosyal Bilimler Fakültesi
Programme of Islamic Economics and Finance
Course Details
İktisadi, İdari ve Sosyal Bilimler Fakültesi
Programme of Islamic Economics and Finance
Course Details
| Course Code | Course Name | Year | Period | Semester | T+A+L | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| 99700002 | Microeconomics | 1 | Autumn | 1 | 3+0+0 | 5 | 5 |
| Course Type | Compulsory |
| Course Cycle | Bachelor's (First Cycle) (TQF-HE: Level 6 / QF-EHEA: Level 1 / EQF-LLL: Level 6) |
| Course Language | Turkish |
| Methods and Techniques | - |
| Mode of Delivery | Face to Face |
| Prerequisites | - |
| Coordinator | - |
| Instructor(s) | Asst. Prof. Selahattin BEKTAŞ |
| Instructor Assistant(s) | - |
Course Instructor(s)
| Name and Surname | Room | E-Mail Address | Internal | Meeting Hours |
|---|---|---|---|---|
| Asst. Prof. Selahattin BEKTAŞ | C-Z10 | [email protected] | 7339 |
Course Content
This course covers fundamental concepts of microeconomics. Topics include demand and supply, consumer and producer theory, market equilibrium, elasticities, production and cost functions, and the analysis of different market structures (perfect competition, monopoly, monopolistic competition, and oligopoly). Additionally, the course addresses welfare economics, externalities, and government intervention.
Objectives of the Course
The aim of this course is to introduce students to the tools of microeconomic analysis and help them understand the behavior of individual consumers, producers, and markets. Students will learn fundamental microeconomic concepts such as demand and supply, market equilibrium, cost theory, production theory, and market structures. Additionally, decision-making processes, the efficient allocation of resources, and the impact of price mechanisms on the economy will be analyzed.
Contribution of the Course to Field Teaching
| Basic Vocational Courses | X |
| Specialization / Field Courses | X |
| Support Courses | |
| Transferable Skills Courses | |
| Humanities, Communication and Management Skills Courses |
Relationships between Course Learning Outcomes and Program Outcomes
| Relationship Levels | ||||
| Lowest | Low | Medium | High | Highest |
| 1 | 2 | 3 | 4 | 5 |
| # | Program Learning Outcomes | Level |
|---|---|---|
| P1 | İslam İktisadı ve Finans alanında kuramsal ve uygulamalı bilgilere sahip olma, sahip olduğu bilgileri kullanabilme | 4 |
| P2 | İslam İktisadı ve Finans alanında edindiği bilgi, beceri ve yetkinlikleri kullanarak meseleleri tanımlama, veri toplama, değerlendirme, analiz etme, yorumlama ve çözüm önerisi geliştirebilme | 2 |
| P3 | İslam İktisadı ve Finans alanıyla ilgili farklı bilgi kaynaklarına erişip sayısal analiz ve araştırma yapabilme | 2 |
| P4 | Disiplin içi, çok disiplinli veya çok kültürlü gruplarda ve bireysel çalışabilme | 3 |
| P5 | Ahlaki değerler ve mesleki sorumluluk bilinci ile hareket edebilme | 2 |
| P6 | Alan uygulamalarının, evrensel ve toplumsal etkileri ile hukuki sonuçlarını bilme | 3 |
| P7 | Öğrenim dilinde yazılı ve sözlü iletişim kurabilme, en az bir yabancı dil bilgisine sahip olabilme | 5 |
Course Learning Outcomes
| Upon the successful completion of this course, students will be able to: | |||
|---|---|---|---|
| No | Learning Outcomes | Outcome Relationship | Measurement Method ** |
| O1 | Explains the fundamental principles and historical development of Islamic economics. | P.1.1 | 1 |
| O2 | Conducts financial analyses using Islamic finance instruments and products. | P.1.2 | 1 |
| O3 | Applies Islamic finance and economic principles to solve current economic problems. | P.1.3 | 1 |
| O4 | Develops critical thinking and problem-solving skills in Islamic economics and finance. | P.1.4 | 1 |
| O5 | Acts in accordance with ethical rules in the field of Islamic economics and finance. | P.1.5 | 1 |
| O6 | Effectively communicates knowledge in Islamic economics and finance both orally and in writing. | P.1.6 | 1 |
| O7 | Identifies problems related to Islamic economics and finance. | P.2.1 | 1 |
| O8 | Collects necessary data in the field of Islamic finance and economics. | P.2.2 | 1 |
| O9 | Evaluates and classifies collected data using appropriate methods. | P.2.3 | 1 |
| O10 | Conducts independent research on Islamic economics and finance topics. | P.3.3 | 1 |
| O11 | Collects and manages data related to Islamic economics and finance. | P.3.4 | 1 |
| O12 | Critically evaluates the results of numerical analyses. | P.3.5 | 1 |
| O13 | Shares research results in the form of scientific articles, reports, and presentations. | P.3.6 | 1 |
| O14 | Communicates effectively with individuals from diverse cultural backgrounds. | P.4.3 | 1 |
| O15 | Communicates effectively in disciplinary and multidisciplinary environments. | P.4.5 | 1 |
| O16 | Acts in accordance with the ethical rules of Islamic financial institutions. | P.5.2 | 1 |
| O17 | Conducts business and operations in line with the principles of Islamic economics and finance. | P.5.3 | 1 |
| O18 | Continuously updates professional knowledge and skills. | P.5.5 | 1 |
| O19 | Analyzes the societal impacts of Islamic economics and finance practices. | P.6.2 | 1 |
| O20 | Understands the compliance of Islamic economics and finance practices with legal regulations. | P.6.3 | 1 |
| O21 | Analyzes the impacts of Islamic economics and finance on economic development. | P.6.5 | 1 |
| O22 | Expresses topics related to the field in written form in the language of instruction. | P.7.1 | 1 |
| O23 | Communicates effectively in academic and professional settings. | P.7.5 | 1 |
| O24 | Communicates effectively in different cultural contexts. | P.7.6 | 1 |
| ** Written Exam: 1, Oral Exam: 2, Homework: 3, Lab./Exam: 4, Seminar/Presentation: 5, Term Paper: 6, Application: 7 | |||
Weekly Detailed Course Contents
| Week | Topics |
|---|---|
| 1 | Ekonomiye Biliminin Temel Kavramları |
| 2 | Ekonomiye Biliminin Temel Kavramları |
| 3 | İktisadi Sistemler |
| 4 | Temel İktisadi Sorunlar |
| 6 | Talep, Arz, Piyasa ve Esneklik Kavramları |
| 7 | Talep, Arz, Piyasa ve Esneklik Kavramları |
| 8 | Piyasa Mekanizması |
| 9 | Piyasa Mekanizması |
| 10 | Piyasa Mekanizması |
| 11 | Tüketici, Üretici ve Maliyet Teorileri |
| 12 | Piyasa Yapıları |
| 13 | Tüketici Davranışları ve Tam Rekabet |
| 14 | Faktör Piyasaları |
Textbook or Material
| Resources | Temel Ekonomi, Tümay Ertek, 2005 |
Evaluation Method and Passing Criteria
| In-Term Studies | Quantity | Percentage |
|---|---|---|
| Attendance | - | - |
| Course Specific Internship (If Any) | - | - |
| Homework | - | - |
| Presentation | - | - |
| Projects | - | - |
| Midterms | 1 | 40 (%) |
| Final Exam | 1 | 60 (%) |
| Total | 100 (%) | |
ECTS / Working Load Table
| Quantity | Duration | Total Work Load | |
|---|---|---|---|
| Course Week Number and Time | 14 | 3 | 42 |
| Out-of-Class Study Time (Pre-study, Library, Reinforcement) | 14 | 2 | 28 |
| Midterms | 1 | 35 | 35 |
| Quiz | 0 | 0 | 0 |
| Homework | 0 | 0 | 0 |
| Practice | 0 | 0 | 0 |
| Laboratory | 0 | 0 | 0 |
| Project | 0 | 0 | 0 |
| Workshop | 0 | 0 | 0 |
| Presentation/Seminar Preparation | 0 | 0 | 0 |
| Fieldwork | 0 | 0 | 0 |
| Final Exam | 1 | 45 | 45 |
| Other | 0 | 0 | 0 |
| Total Work Load: | 150 | ||
| Total Work Load / 30 | 5 | ||
| Course ECTS Credits: | 5 | ||
Course - Learning Outcomes Matrix
| Relationship Levels | ||||
| Lowest | Low | Medium | High | Highest |
| 1 | 2 | 3 | 4 | 5 |
| # | Learning Outcomes | P1 | P2 | P3 | P4 | P5 | P6 | P7 |
|---|---|---|---|---|---|---|---|---|
| O1 | Explains the fundamental principles and historical development of Islamic economics. | 2 | 4 | 3 | 3 | 4 | 5 | 5 |
| O2 | Conducts financial analyses using Islamic finance instruments and products. | 4 | 3 | 3 | 4 | 4 | 5 | 4 |
| O3 | Applies Islamic finance and economic principles to solve current economic problems. | 5 | 4 | 2 | 4 | 3 | 4 | 3 |
| O4 | Develops critical thinking and problem-solving skills in Islamic economics and finance. | 3 | 4 | 4 | 3 | 4 | 3 | 4 |
| O5 | Acts in accordance with ethical rules in the field of Islamic economics and finance. | 2 | 4 | 3 | 4 | 5 | 5 | 4 |
| O6 | Effectively communicates knowledge in Islamic economics and finance both orally and in writing. | 3 | 3 | 2 | 2 | 2 | 4 | 4 |
| O7 | Identifies problems related to Islamic economics and finance. | 2 | 4 | 4 | 2 | 4 | 3 | 4 |
| O8 | Collects necessary data in the field of Islamic finance and economics. | 4 | 4 | 2 | 3 | 3 | 3 | 2 |
| O9 | Evaluates and classifies collected data using appropriate methods. | 4 | 1 | 3 | 2 | 2 | 2 | 2 |
| O10 | Conducts independent research on Islamic economics and finance topics. | 2 | 4 | 3 | 2 | 4 | 2 | 2 |
| O11 | Collects and manages data related to Islamic economics and finance. | 3 | 3 | 2 | 3 | 3 | 4 | 2 |
| O12 | Critically evaluates the results of numerical analyses. | 4 | 3 | 5 | 2 | 2 | 3 | 2 |
| O13 | Shares research results in the form of scientific articles, reports, and presentations. | 2 | 2 | 3 | 4 | 5 | 4 | 3 |
| O14 | Communicates effectively with individuals from diverse cultural backgrounds. | 4 | 3 | 2 | 1 | 4 | 4 | 3 |
| O15 | Communicates effectively in disciplinary and multidisciplinary environments. | 2 | 3 | 3 | 4 | 1 | 3 | 2 |
| O16 | Acts in accordance with the ethical rules of Islamic financial institutions. | 4 | 3 | 2 | 2 | 2 | 3 | 2 |
| O17 | Conducts business and operations in line with the principles of Islamic economics and finance. | 3 | 3 | 2 | 1 | 3 | 2 | 2 |
| O18 | Continuously updates professional knowledge and skills. | 3 | 3 | 3 | 4 | 2 | 3 | 4 |
| O19 | Analyzes the societal impacts of Islamic economics and finance practices. | 2 | 4 | 3 | 1 | 3 | 3 | 4 |
| O20 | Understands the compliance of Islamic economics and finance practices with legal regulations. | 3 | 3 | 2 | 1 | 2 | 2 | 2 |
| O21 | Analyzes the impacts of Islamic economics and finance on economic development. | 3 | 3 | 4 | 3 | 2 | 2 | 3 |
| O22 | Expresses topics related to the field in written form in the language of instruction. | 2 | 2 | 2 | 3 | 3 | 2 | 2 |
| O23 | Communicates effectively in academic and professional settings. | 3 | 3 | 5 | 3 | 3 | 2 | 3 |
| O24 | Communicates effectively in different cultural contexts. | 4 | 3 | 4 | 4 | 3 | 3 | 4 |