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| Course Description |
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| Course Name |
: |
Microeconomics |
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| Course Code |
: |
EC 241 |
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| Course Type |
: |
Compulsory |
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| Level of Course |
: |
First Cycle |
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| Year of Study |
: |
2 |
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| Course Semester |
: |
Fall (16 Weeks) |
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| ECTS |
: |
5 |
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| Name of Lecturer(s) |
: |
Assoc.Prof.Dr. FİKRET DÜLGER
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| Learning Outcomes of the Course |
: |
Have a broad understanding of economics, and understanding of market as perfect and imperfect.
Understand consumer and producer theory comprehensively.
Make it possible for students to have a micro-perspective for economics.
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| Mode of Delivery |
: |
Face-to-Face |
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| Prerequisites and Co-Prerequisites |
: |
None |
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| Recommended Optional Programme Components |
: |
None |
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| Aim(s) of Course |
: |
The aim of the course is to analyse the basic dynamics of the market economics and to understand how market mechanism processes. Also, the course aims to examine the general equilibrium of economy by investigating consumer´s and producer´s behaviours. |
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| Course Contents |
: |
A general glance to Microeconomics, cardinal utility and consumer´s equilibrium, indifference curve analysis and consumer´s equilibrium, Factors which shift consumer´s equilibrium, Market demand analysis, Factors which determine market demand, production function and productivity analysis, production with the minimum cost, cost theory, supply analysis, market equilibrium in perfect competition, profit maximization in perfect competition, imperfect competition markets, general equilibrium and welfare economics |
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| Language of Instruction |
: |
Turkish |
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| Work Place |
: |
Classroom |
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Course Outline /Schedule (Weekly) Planned Learning Activities |
| Week | Subject | Student's Preliminary Work | Learning Activities and Teaching Methods |
|
1 |
A general glance to Microeconomics |
Course book |
Lecture |
|
2 |
Cardinal utility and consumer´s equilibrium |
Course book |
Lecture |
|
3 |
Indifference curve analysis and consumer´s equilibrium |
Course book |
Lecture, problem session |
|
4 |
Factors which shift consumer´s equilibrium |
Course book |
Lecture, problem session |
|
5 |
Market demand analysis |
Course book |
Lecture, problem session |
|
6 |
Factors which determine market demand |
Course book |
Lecture, problem session |
|
7 |
Production function and productivity analysis |
Course book |
Lecture, problem session |
|
8 |
Mid-term exam |
Preperation for the exam |
Written exam |
|
9 |
Production with the minimum cost |
Course book |
Lecture, problem session |
|
10 |
Cost theory |
Course book |
Lecture, problem session |
|
11 |
Supply analysis |
Course book |
Lecture, problem session |
|
12 |
Market equilibrium in perfect competition |
Course book |
Lecture, problem session |
|
13 |
Profit maximization in perfect competition |
Course book |
Lecture, problem session |
|
14 |
Imperfect competition markets I |
Course book |
Lecture, problem session |
|
15 |
General equilibrium and welfare economics |
Course book |
Lecture, problem session |
|
16/17 |
Final exam |
Preperation for the exam |
Written exam |
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Required Course Resources |
| Resource Type | Resource Name |
| Recommended Course Material(s) |
 Prof. Dr. Zeynel Dinler, Mikro Ekonomi Ekin 2005.
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| |
| Required Course Material(s) | |
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Assessment Methods and Assessment Criteria |
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Semester/Year Assessments |
Number |
Contribution Percentage |
|
Mid-term Exams (Written, Oral, etc.) |
1 |
100 |
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Homeworks/Projects/Others |
0 |
0 |
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Total |
100 |
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Rate of Semester/Year Assessments to Success |
40 |
| |
|
Final Assessments
|
100 |
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Rate of Final Assessments to Success
|
60 |
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Total |
100 |
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| Contribution of the Course to Key Learning Outcomes |
| # | Key Learning Outcome | Contribution* |
|
1 |
Use the basic enterprise resource planning (ERP) softwares |
2 |
|
2 |
List and define the concepts of business management, and explain their relations to each other |
5 |
|
3 |
List and define the fundamental conceptual models, numerical and statistical techniques of business administartion and identify their advantages and disadvantages. |
5 |
|
4 |
List and define the relationship between the basic concepts of economy and business management ; indicate the strong and weak sides of each method. |
5 |
|
5 |
Explain how to create the fundamental conceptual models and how to apply numerical and statistical techniques that are used in business administration. |
2 |
|
6 |
Explain how to interpret the results gathered through the application and/or implementation of conceptual models and/or numerical and statistical methods of business management. |
2 |
|
7 |
Determine appropriate methods to solve business problems |
3 |
|
8 |
Evaluate the results that are obtained from applications of business management methods |
4 |
|
9 |
Use the basic numerical and statistical softwares |
2 |
|
10 |
Follow latest developments in the field, and sustain personal and professional development with the awareness of the necessity of life long learning |
5 |
|
11 |
Use different resources in accordance with academic principles, synthesize the data gathered, and present them effectively in an unfamiliar field. |
3 |
|
12 |
Use Turkish and at least one foreign language in accordance with the requirements in academic and business context |
3 |
|
13 |
Perceive and interpret the feelings, ideas and behaviours of people appropriately, and express himself/herself accurately in written or oral format |
2 |
|
14 |
Question traditional approaches, methods and implementations; develop and implement alternative methods when required |
1 |
|
15 |
Recognize and apply social, scientific and professional ethical values. |
2 |
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16 |
Determine the most appropriate approaches, implementations and methods of business management considering sectors, their sizes, resources, cultures, goals and objectives |
1 |
|
17 |
Monitor external factors such as industrial structures, competition, technologies, economics, politics, cultures that affects the activities of businesses and interpret their impact on businesses |
1 |
|
18 |
Take initiative individually or/and as a member of a team, lead and work effectively |
1 |
|
19 |
As well as professional development, improve him-/herself continuously in scientific, social, cultural and artistic fields according to his/her interests and abilities, identifying needs of learning. |
4 |
| * Contribution levels are between 0 (not) and 5 (maximum). |
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| Student Workload - ECTS |
| Works | Number | Time (Hour) | Total Workload (Hour) |
| Course Related Works |
|
Class Time (Exam weeks are excluded) |
14 |
3 |
42 |
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Out of Class Study (Preliminary Work, Practice) |
14 |
5 |
70 |
| Assesment Related Works |
|
Homeworks, Projects, Others |
0 |
0 |
0 |
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Mid-term Exams (Written, Oral, etc.) |
1 |
1 |
1 |
|
Final Exam |
1 |
2 |
2 |
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Total Workload: | 115 |
| Total Workload / 25 (h): | 4.6 |
| ECTS Credit: | 5 |
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