Description of Individual Course Units
Course Unit CodeCourse Unit TitleType of Course UnitYear of StudySemesterNumber of ECTS Credits
İKT-23-112MICRO ECONOMIC ANALYSIS - IElective116
Level of Course Unit
Second Cycle
Objectives of the Course
The main objective of the Economics master program is to raise experts in economics. Our graduates who have the skills to follow global developments and offer global or regional solutions to problems they encounter will be candidates for top level management positions in the coming years as well as for graduate study in economics.
Name of Lecturer(s)
SERKAN KÜNÜ
Learning Outcomes
11 Should define the basic concepts about microeconomics. 2 Should understand and explain price mechanism. 3 Should interpret the elasticity concept elaborately. 4 Should analyze the economic behavior of consumers. 5 Should explain income and substitution effects elaborately. 6 Should detect microeconomic problems and produce alternative solutions to these problems. 7 Should paraphrase microeconomic cases by the language of economic literature. 8 Should participate discussions about microeconomics subjects.
Mode of Delivery
Daytime Class
Prerequisites and co-requisities
Department of Economics provides a high quality, Turkish language based master program. The Master's Program in Economics is designed to meet the needs of newly graduated and/or already employed persons for a theoretical background as well as analytical methods in the solution of economic problems. The participating academic staff and course contents are chosen specifically to provide the necessary tools and expertise to the students, preparing them with strong background for the highly competitive international academic and business environments. Students are expected to complete the program in two years. After completing the course requirements in the first year, students will be assigned to advisors that will direct them to proceed with their research. The courses are during the day-time. Attendance to courses are mandotary. The student who is not attended more than 20 % of any course cannot enter final exam.
Recommended Optional Programme Components
none
Course Contents
1 The Nature of Microeconomics 2 The Demand Size of the Market 3 Price Elasticity of Demand 4 The Supply Size of the Market 5 Price Elasticity of Supply 6 Market Equilibrium and Changes in Market Equilibrium 7 Consumer Preferences 8 Indifference Curves 9 Budget Line and Consumer Equilibrium 10 Consumer Behavior and Individual Demand 11 Income and Substitution Effects (Classic Approach) 12 Income and Substitution Effects (Hicks Approach) 13 Income and Substitution Effects (Slutsky Approach) 14 Market Demand and Elasticities
Weekly Detailed Course Contents
WeekTheoreticalPracticeLaboratory
11 The Nature of Microeconomics 2 The Demand Size of the Market 3 Price Elasticity of Demand 4 The Supply Size of the Market 5 Price Elasticity of Supply 6 Market Equilibrium and Changes in Market Equilibrium 7 Consumer Preferences 8 Indifference Curves 9 Budget Line and Consumer Equilibrium 10 Consumer Behavior and Individual Demand 11 Income and Substitution Effects (Classic Approach) 12 Income and Substitution Effects (Hicks Approach) 13 Income and Substitution Effects (Slutsky Approach) 14 Market Demand and Elasticities
Recommended or Required Reading
MİKRO EKONOMİ (Prof.Dr. MUSTAFA KAL)
Planned Learning Activities and Teaching Methods
Assessment Methods and Criteria
Term (or Year) Learning ActivitiesQuantityWeight
Midterm Examination2100
SUM100
End Of Term (or Year) Learning ActivitiesQuantityWeight
Final Examination2100
SUM100
Term (or Year) Learning Activities50
End Of Term (or Year) Learning Activities50
SUM100
Language of Instruction
Turkish
Work Placement(s)
none
Workload Calculation
ActivitiesNumberTime (hours)Total Work Load (hours)
Midterm Examination122
Final Examination122
Quiz122
Attending Lectures15252
Practice11515
Problem Solving11010
Question-Answer11515
Seminar11515
Criticising Paper11010
Self Study12020
Individual Study for Mid term Examination11515
Individual Study for Final Examination11515
TOTAL WORKLOAD (hours)173
Contribution of Learning Outcomes to Programme Outcomes
PO
1
LO1 
* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High
 
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