Description of Individual Course Units
Course Unit CodeCourse Unit TitleType of Course UnitYear of StudySemesterNumber of ECTS Credits
İKT-23-212MICRO ECONOMIC ANALYSIS - IIElective126
Level of Course Unit
Second Cycle
Objectives of the Course
To provide an understanding of pricing behavior of firms in imperfect markets, determination of input prices and causes of market failure.
Name of Lecturer(s)
DR.SERKAN KÜNÜ
Learning Outcomes
11 To explain how market prices are determined in imperfect competition 2 To distinguish between collusive and non-collusive oligopoly 3 To understand how rational economic agents make decisions as workers 4 To identify conditions under which a free market outcome can fail to be socially efficient 5 To evaluate public policies and government regulations designed to rectify market failure
Mode of Delivery
Daytime Class
Prerequisites and co-requisities
NONE
Recommended Optional Programme Components
NONE
Course Contents
Tekelci Rekabet Piyasası, Oligopol Piyasası, Neo-Klasik Firma Teorisinin Eleştirisi, Emek Talebi ve Arzı, Piyasa Başarısızlıkları, Piyasaya Kamu Müdahalesi ve Ekonomik Etkinlik
Weekly Detailed Course Contents
WeekTheoreticalPracticeLaboratory
11 Regulation of Monopoly 2 Monopolistic Competition 3 Oligopoly 4 Oligopoly 5 Criticism of Neoclassical Firm Theory 6 Input Markets 7 Input Markets 8 Wages, Interest, Rent and Profit 9 General Equilibrium 10 Welfare Economics 11 Market Failures 12 Market Failures 13 Market Failures and Government Regulations 14 Problem Solutions
Recommended or Required Reading
MİKRO İKTİSAT (PROF.DR. MUAMMER YAYLALI)
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 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
Attending Lectures15252
Question-Answer12020
Project Presentation11010
Criticising Paper12020
Individual Study for Mid term Examination12020
Individual Study for Final Examination12020
Reading11010
Report11010
TOTAL WORKLOAD (hours)166
Contribution of Learning Outcomes to Programme Outcomes
PO
1
LO15
* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High
 
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