Description of Individual Course Units
Course Unit CodeCourse Unit TitleType of Course UnitYear of StudySemesterNumber of ECTS Credits
TEB-109ECONOMICS OF PRODUCTION AND CONSUMPTIONElective126
Level of Course Unit
Second Cycle
Objectives of the Course
To understand the language and logic of modern microeconomic theory and apply microeconomic theory to agricultural issues
Name of Lecturer(s)
Dr. Öğr. Üyesi Emine AŞKAN
Learning Outcomes
1At the end of course, students understand the main concepts used in the systematic analysis of consumer choice and producer decisions
2Students understand the utility and production functions in the analyses of consumer and producer behaviors and be comfortable with the mathematical manipulation of these functions.
3They understand duality between consumer and producer theory
4They can apply microeconomic theory to agrıcultural issues
55. They comprehend input- output relations and can show these graphically and algebraically
6They can understand the supply and demand sides of the market and do research on them
Mode of Delivery
Daytime Class
Prerequisites and co-requisities
not
Recommended Optional Programme Components
not
Course Contents
This is three credit hour course that focuses on how markets coordinate individual decisions made by consumers and producers of agricultural goods
Weekly Detailed Course Contents
WeekTheoreticalPracticeLaboratory
1Introduction to Microeconomics
2Introduction to Consumer Theory
3Consumer Preferences and Utility
4Utility Maximization
5Income and Substitution Effects
6Market Demand Analysis
7Elasticities of income and Substitution
8Midterm Exam
9Introduction to production Theory
10Production Function and Productivity Analysis
11Cost Functions
12Supply Curves
13Elasticities of Supply
14Economic Efficiency
Recommended or Required Reading
Prof.Dr. Zeynel Dinler, Mikro Ekonomi, Ekin Basım Yayın Dağıtım, 22. Baskı, 2011 ‘Microeconomic Teory: Concepts and Connections’ by Michael E. Wetzstein, Publisher: Thomsan South-Western
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)
yok
Workload Calculation
ActivitiesNumberTime (hours)Total Work Load (hours)
Midterm Examination111
Final Examination111
Quiz515
Observation515
Report Preparation31030
Report Presentation313
Self Study15345
Individual Study for Mid term Examination12020
Individual Study for Final Examination14040
Report339
Oral Examination111
Individual Study for Quiz5210
TOTAL WORKLOAD (hours)170
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
LO12334433333
LO22333243334
LO32333342234
LO42332433213
LO52333543233
LO62344343345
* 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