Description of Individual Course Units
Course Unit CodeCourse Unit TitleType of Course UnitYear of StudySemesterNumber of ECTS Credits
0701405107MICRO ECONOMICSElective353
Level of Course Unit
First Cycle
Objectives of the Course
The aim of the course is to teach the basic concepts of microeconomics and economic analysis methods. It is expected that students will be able to analyze and comment on microeconomic problems by determining the optimum utilization level and the distribution within the market mechanism among the alternative uses of scarce resources.
Name of Lecturer(s)
Dr. Öğr. Üyesi Emine AŞKAN
Learning Outcomes
1Understands the basic concepts and theories of microeconomics
2To be able to interpret microeconomic problems with analytical solutions
3Explains what is effective in consumption decisions and production decisions
4
5
6
7
8
Mode of Delivery
Daytime Class
Prerequisites and co-requisities
None
Recommended Optional Programme Components
None
Course Contents
Weekly Detailed Course Contents
WeekTheoreticalPracticeLaboratory
1Basic Economic Problems, Economic Order and Theoretical Framework: Full and effective use problems, expansion of production capacity, capitalist order and market mechanism, socialist order and central planning, theoretical framework of economic science are explained.
2Basic Economic Problems, Economic Order and Theoretical Framework: Full and effective use problems, expansion of production capacity, capitalist order and market mechanism, socialist order and central planning, theoretical framework of economic science are explained.
3Consumer Theory: Consumer income, price, change in preferences and consumer equilibrium, market demand analysis, the effect of factors that affect the price of the goods in question, change in terms of income and replacement elasticities are explained with examples. (Homework)
4Consumer Theory: Consumer income, price, change in preferences and consumer equilibrium, market demand analysis, the effect of factors that affect the price of the goods in question, change in terms of income and replacement elasticities are explained with examples. (Homework)...
5Producer Theory: Cost theory and supply analysis are explained. (Homework II)
6Price Theory: Market equilibrium theory or partial equilibrium in full competition
7Price Theory: Firm equilibrium or profit maximization condition, firm equilibrium in full competition market is explained.
8Fiyat Teorisi:Eksik rekabet piyasasının ortaya çıkış nedenleri ve türleri, monopol piyasası hakkında temel bilgiler verilmektedir.
9Price Theory: Monopson and double monopoly, two-sided monopoly, monopolistic competition market is explained.
10MIDTERM
11Price Theory: Oligopoly market is explained and price theory is criticized and firm decisions are given about price based on full cost.
12Factors of Production Price Analysis: Demand for production factors: marginal productivity theory is explained and examined with examples.
13Production Factors Price Analysis: Basic information about labor and wages, natural resources and rent are given.
14Production Factors Price Analysis: Capital and interest, enterprise and profit are examined.
15General Equilibrium, Welfare Economics and Microeconomic Market Failures: General equilibrium and welfare economics, microeconomic market failures are explained and their reasons are explained.
16Final
Recommended or Required Reading
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 Examination122
Self Study15345
Individual Study for Mid term Examination6742
Individual Study for Final Examination122
TOTAL WORKLOAD (hours)92
Contribution of Learning Outcomes to Programme Outcomes
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1
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2
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3
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4
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5
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6
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LO131                
LO21 4               
LO32 2               
LO454                
LO5  4               
LO643                
LO7 23               
LO84 1               
* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High
 
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