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Description of Individual Course UnitsCourse Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | 180400502101 | MICRO ECONOMICS | Compulsory | 1 | 2 | 4 |
| Level of Course Unit | First Cycle | Objectives of the Course | To be able to examine processes of rational behavior of consumers and producers into effective use processes, decision-making and behavior | Name of Lecturer(s) | | Learning Outcomes | 1 | 1 To be able to explain economic phenomena | 2 | 2 Mikro iktisadın oluşturduğu kavramlardan yararlanarak iktisadın diğer alt dallarında analiz yapabilme | 3 | 3 To be able to examine the behavior of individuals within the framework of the theory of production and consumption | 4 | 4 To be able to analyze Perfectly competitive markets firms in equilibrium conditions | 5 | 5 To be able to Discuss different aspects of the firm under imperfect competition | 6 | 6 To be able to evaluate economic decision-making and behavior of consumers and producers in the goods market, as well as to evaluate their behavior in factor markets. | 7 | 7 To be able to analyze the effects of tax policies.on the balance |
| Mode of Delivery | Daytime Class | Prerequisites and co-requisities | None | Recommended Optional Programme Components | Yok | Course Contents | The nature and area of interest of economics, basic economic concepts such as need, resource, scarcity, selection, production possibilities, positive and normative economics distinction, supply and demand, market, supply and demand sides of markets, supply and demand elasticities, market equilibrium, market changing the balance and price controls, consumer preferences and how to distribute its income among goods and services to maximize the benefit of the consumer, the extraction of consumer demand for a good, changes in price and income, and income and substitution effects (Classical Approach, Hicks Approach and Slutsky Approach), The market demand of a good, price elasticity of market demand, income elasticity of demand and cross elasticity of demand are examined with various aspects and it is tried to be transferred to the student. | Weekly Detailed Course Contents | |
1 | 1 Starting Microeconomics Analysis and Introduction, functions and consumption theory, | | | 2 | 2 Consumer equilibrium with respect to Kardinalist and Ordinalist approach | | | 3 | 3 Change in the consumer's income: the income-consumption curve and individual consumption function, the demand flexibility. Changes in prices of goods and services, price-consumption curve, Hicks, Slutsky and Giffen Paradox Approach, the demand function and demand flexibility. | | | 4 | 4 Startup Production theory, production functions, one the balance of the manufacturer according to the production function variables, total product function, short-term action Manufacturer balance, productivity analysis. | | | 5 | 5 Production functions of several variables according to the producer balance ,returns to scale, Co-product curvesanalysis tools to the analysis of the balance of producers: co- product curves and co-charges rather, co-product curves. According to the analysis of the balance of producers, co-product curves Explanation of movement returns to scale | | | 6 | 6 The concept of the market, market characteristics and market classification, Market-perfect competition, perfect competition market equilibrium price, partial equilibrium analysis and consumer surplus, period analysis, cost theory, the total cost, average cost, marginal cost definitions for functions, cost minimization | | | 7 | 7 Total revenue, average revenue and marginal revenue functions of a perfectly competitive market in the short term. According to the total revenue and total cost functions the balance of the company in terms of profit maximization, full competitive market in the short term average and marginal profit maximization motion curves | | | 8 | Midterm exam | | | 9 | 9 Critique of perfect competition, monopoly theory, reasons for the emergence of monopoly, monopolcünün revenue, yield and demand monopolcünün income The flexibility of short-term balance of monopolcünün, monopolcünün long-term balance, the monopoly price discrimination, criticism of monopoly | | | 10 | 10 The balance of monopsonist sold their goods in perfectly competitive market, the chain monopoly, bilateral monopoly, short-term and long-term mark | | | 11 | 11 Oligopoly market; complete and incomplete oligopolistic market oligopolists demand and demand, oligopolistic equilibrium, founded on the existence of competitive behavior oligopoly theory (classical models); Cournot, Bertrand, Edgeworth, and Chamberlin models, Sweezy model of oligopoly theory is based on compromising behavior | | | 12 | 12 Factor Markets: perfect competition, imperfect competition | | | 13 | 13 General Equilibrium Analysis: Welfare Theory | | | 14 | 14 Final | | |
| Recommended or Required Reading | Zeynel Dinler, Mikro İktisat, Bursa.
M. Erdal Ünsal, Mikro İktisat, İmaj Yay., Ankara. | Planned Learning Activities and Teaching Methods | | Assessment Methods and Criteria | |
Midterm Examination | 1 | 100 | SUM | 100 | |
Final Examination | 1 | 100 | SUM | 100 | Term (or Year) Learning Activities | 40 | End Of Term (or Year) Learning Activities | 60 | SUM | 100 |
| Language of Instruction | Turkish | Work Placement(s) | None |
| Workload Calculation | |
Midterm Examination | 1 | 1 | 1 | Final Examination | 1 | 1 | 1 | Self Study | 1 | 8 | 8 | Individual Study for Mid term Examination | 4 | 10 | 40 | Individual Study for Final Examination | 8 | 10 | 80 | |
Contribution of Learning Outcomes to Programme Outcomes | LO1 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | 3 | 4 | 4 | 4 | 4 | LO2 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 4 | 5 | 4 | 4 | 4 | LO3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 4 | 4 | LO4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | LO5 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | LO6 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | LO7 | 4 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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Iğdır University, Iğdır / TURKEY • Tel (pbx): +90 476
226 13 14 • e-mail: info@igdir.edu.tr
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