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Course Description |
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Course Name |
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Microeconomics II |
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Course Code |
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EC 202 |
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Course Type |
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Compulsory |
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Level of Course |
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First Cycle |
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Year of Study |
: |
2 |
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Course Semester |
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Spring (16 Weeks) |
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ECTS |
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5 |
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Name of Lecturer(s) |
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Asst.Prof.Dr. TOLGA KABAŞ |
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Learning Outcomes of the Course |
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Understands and compares the properties of different markets Understands the behaviours of producers in different markets Solves production, profit and cost problems of producers in different markets
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Mode of Delivery |
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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 |
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The aim of this course is to teach different markets and to compare these markets. |
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Course Contents |
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The course covers perfect competition, monopoly, incomplete competition, factor markets, general equilibrium and welfare economics. |
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Language of Instruction |
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Turkish |
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Work Place |
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Faculty classroom |
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Course Outline /Schedule (Weekly) Planned Learning Activities |
| Week | Subject | Student's Preliminary Work | Learning Activities and Teaching Methods |
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1 |
Motivation |
Relevant chapter |
Lecture |
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2 |
Perfect Competition |
Relevant chapter |
Lecture, problem session |
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3 |
Perfect Competition |
Relevant chapter |
Lecture, problem session |
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4 |
Monopoly |
Relevant chapter |
Lecture, problem session |
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5 |
Monopoly |
Relevant chapter |
Lecture, problem session |
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6 |
Imperfect market |
Relevant chapter |
Lecture, problem session |
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7 |
Imperfect market |
Relevant chapter |
Lecture, problem session |
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8 |
Midterm |
Preperation for the exam |
Midterm |
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9 |
Imperfect market |
Relevant chapter |
Lecture, problem session |
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10 |
Imperfect market |
Relevant chapter |
Lecture, problem session |
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11 |
Factor market |
Relevant chapter |
Lecture, problem session |
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12 |
Factor market |
Relevant chapter |
Lecture, problem session |
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13 |
General equilibrium and welfare economics |
Relevant chapter |
Lecture, problem session |
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14 |
General equilibrium and welfare economics |
Relevant chapter |
Lecture, problem session |
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15 |
General review and problem session |
Review of topics |
Problem session and discussion |
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16/17 |
Final exam |
Preperation for the exam |
Final exam |
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Required Course Resources |
| Resource Type | Resource Name |
| Recommended Course Material(s) |
Prof. Dr. Tümay Ertek, Mikroekonomi Teorisi, Beta 2009.
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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 |
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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 |
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Final Assessments
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100 |
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Rate of Final Assessments to Success
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60 |
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Total |
100 |
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| Contribution of the Course to Key Learning Outcomes |
| # | Key Learning Outcome | Contribution* |
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1 |
Models problems with Mathematics, Statistics, and Econometrics |
0 |
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2 |
Explains Econometric concepts |
1 |
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3 |
Estimates the model consistently and analyzes & interprets its results |
2 |
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4 |
Acquires basic Mathematics, Statistics and Operation Research concepts |
0 |
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5 |
Equipped with the foundations of Economics, and develops Economic models |
4 |
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6 |
Describes the necessary concepts of Business |
1 |
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7 |
Acquires the ability to analyze, benchmark, evaluate and interpret at conceptual levels to develop solutions to problems |
4 |
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8 |
Collects, edits, and analyzes data |
1 |
|
9 |
Uses a package program of Econometrics, Statistics, and Operation Research |
0 |
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10 |
Effectively works, take responsibility, and the leadership individually or as a member of a team |
2 |
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11 |
Awareness towards life-long learning and follow-up of the new information and knowledge in the field of study |
2 |
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12 |
Develops the ability of using different resources in the form of academic rules, synthesis the information gathered, and effective presentation in an area which has not been studied |
1 |
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13 |
Uses Turkish and at least one other foreign language, academically and in the business context |
1 |
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14 |
Good understanding, interpretation, efficient written and oral expression of the people involved |
1 |
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15 |
Questions traditional approaches and their implementation while developing alternative study programs when required |
1 |
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16 |
Recognizes and implements social, scientific, and professional ethic values |
1 |
|
17 |
Follows actuality, and interprets the data about economic and social events |
3 |
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18 |
Improves himself/herself constantly by defining educational requirements considering interests and talents in scientific, cultural, art and social fields besides career development |
0 |
| * 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 |
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Class Time (Exam weeks are excluded) |
14 |
4 |
56 |
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Out of Class Study (Preliminary Work, Practice) |
14 |
4 |
56 |
| Assesment Related Works |
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Homeworks, Projects, Others |
0 |
0 |
0 |
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Mid-term Exams (Written, Oral, etc.) |
1 |
6 |
6 |
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Final Exam |
1 |
6 |
6 |
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Total Workload: | 124 |
| Total Workload / 25 (h): | 4.96 |
| ECTS Credit: | 5 |
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