Description of Individual Course Units
Course Unit CodeCourse Unit TitleType of Course UnitYear of StudySemesterNumber of ECTS Credits
180400502101MICRO ECONOMICSCompulsory124
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
11 To be able to explain economic phenomena
22 Mikro iktisadın oluşturduğu kavramlardan yararlanarak iktisadın diğer alt dallarında analiz yapabilme
33 To be able to examine the behavior of individuals within the framework of the theory of production and consumption
44 To be able to analyze Perfectly competitive markets firms in equilibrium conditions
55 To be able to Discuss different aspects of the firm under imperfect competition
66 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.
77 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
WeekTheoreticalPracticeLaboratory
11 Starting Microeconomics Analysis and Introduction, functions and consumption theory,
22 Consumer equilibrium with respect to Kardinalist and Ordinalist approach
33 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.
44 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.
55 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
66 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
77 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
8Midterm exam
99 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
1010 The balance of monopsonist sold their goods in perfectly competitive market, the chain monopoly, bilateral monopoly, short-term and long-term mark
1111 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
1212 Factor Markets: perfect competition, imperfect competition
1313 General Equilibrium Analysis: Welfare Theory
1414 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
Term (or Year) Learning ActivitiesQuantityWeight
Midterm Examination1100
SUM100
End Of Term (or Year) Learning ActivitiesQuantityWeight
Final Examination1100
SUM100
Term (or Year) Learning Activities40
End Of Term (or Year) Learning Activities60
SUM100
Language of Instruction
Turkish
Work Placement(s)
None
Workload Calculation
ActivitiesNumberTime (hours)Total Work Load (hours)
Midterm Examination111
Final Examination111
Self Study188
Individual Study for Mid term Examination41040
Individual Study for Final Examination81080
TOTAL WORKLOAD (hours)130
Contribution of Learning Outcomes to Programme Outcomes
PO
1
PO
2
PO
3
PO
4
PO
5
PO
6
PO
7
PO
8
PO
9
PO
10
PO
11
PO
12
PO
13
PO
14
LO144444443434444
LO243444444545444
LO344444444544444
LO443444444444444
LO543444444444444
LO644444444444444
LO744434444444444
* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High
 
Iğdır University, Iğdır / TURKEY • Tel (pbx): +90 476 226 13 14 • e-mail: info@igdir.edu.tr