|
IKT1000 | Microeconomics | 3+0+0 | ECTS:5 | Year / Semester | Spring Semester | Level of Course | First Cycle | Status | Compulsory | Department | DEPARTMENT of FINANCE | Prerequisites and co-requisites | None | Mode of Delivery | | Contact Hours | 14 weeks - 3 hours of lectures per week | Lecturer | Doç. Dr. İbrahim AL | Co-Lecturer | Prof. Dr. Nebiye YAMAK | Language of instruction | Turkish | Professional practise ( internship ) | None | | The aim of the course: | The aim of this course is to develop skills of the students in understanding and analyzing undergraduate topics on microeconomics |
Learning Outcomes | CTPO | TOA | Upon successful completion of the course, the students will be able to : | | | LO - 1 : | learn the terminology of microeconomics. | 1,2,4,8 | 1, | LO - 2 : | apply the theory of maximizing agents to firms and consumer. | 1,2,4,8 | 1, | LO - 3 : | use several solution techniques for microeconomics problems. | 1,2,4,8 | 1, | LO - 4 : | integrate economic models with real world applications. | 1,2,4,8 | 1, | LO - 5 : | understand how markets operate and identify welfare outcomes for consumer and firms. | 1,2,4,8 | 1, | CTPO : Contribution to programme outcomes, TOA :Type of assessment (1: written exam, 2: Oral exam, 3: Homework assignment, 4: Laboratory exercise/exam, 5: Seminar / presentation, 6: Term paper), LO : Learning Outcome | |
Production function and law of diminishing returns, producer equilibrium, changes in equilibrium, costs of production, equilibrium in perfect competition, monopoly, monopsony, oligopoly, monopolistic competition, and the other markets, the market for the factors of production, welfare economic and general equilibrium, externalities and public goods |
|
Course Syllabus | Week | Subject | Related Notes / Files | Week 1 | Economic systems, models and laws
| | Week 2 | Ordinal ve cardinal utility, supply, demand and elasticity
| | Week 3 | Consumer theory
| | Week 4 | Producer theory
| | Week 5 | Markets and cost theories
| | Week 6 | Competitive markets
| | Week 7 | Uncompetitive markets, Monopoly
| | Week 8 | Monopolistic competition | | Week 9 | Mid-term exam
| | Week 10 | Oligopoly
| | Week 11 | Monopson and oligopson
| | Week 12 | Factor markets
| | Week 13 | Competitive and monopolistic factor markets
| | Week 14 | General equilibrium
| | Week 15 | Welfare teories, Externalities | | Week 16 | End-of-term exam | | |
1 | Ünsal, E.M. 2020; Mikro İktisat, Murat Yayıncılık, 11.Baskı, Ankara | | 2 | Dinler, Z. 2020; Mikro İktisat, Ekin Kitabevi, 30. Baskı, Bursa | | 3 | Yalta, A. Y. ve Yalta A.T. 2021; Genişletilmiş 4. Baskı, Modern Mikro Ekonomiye Giriş, Adres Yayınları, Ankara | | |
Method of Assessment | Type of assessment | Week No | Date | Duration (hours) | Weight (%) | Mid-term exam | 9 | | 1 | 50 | End-of-term exam | 16 | | 1 | 50 | |
Student Work Load and its Distribution | Type of work | Duration (hours pw) | No of weeks / Number of activity | Hours in total per term | Yüz yüze eğitim | 3 | 14 | 42 | Sınıf dışı çalışma | 4 | 14 | 56 | Arasınav için hazırlık | 8 | 2 | 16 | Arasınav | 1 | 1 | 1 | Dönem sonu sınavı için hazırlık | 11 | 3 | 33 | Dönem sonu sınavı | 2 | 1 | 2 | Total work load | | | 150 |
|