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| Course Description |
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| Course Name |
: |
Microeconomics |
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| Course Code |
: |
ENM237 |
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| Course Type |
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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 |
: |
4 |
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| Name of Lecturer(s) |
: |
Asst.Prof.Dr. SEYFETTİN NOYAN OĞULATA
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| Learning Outcomes of the Course |
: |
Discuss micro economical concepts
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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 |
: |
ourse goals are as follows:
To teach micro economic concepts
To teach the importance of team work
To teach how to make rational decisions from the micro economical view |
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| Course Contents |
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Economic concepts, scarcity and choice, consumer demand, company supply and market equilibrium, elasticity, household behavior, consumer equilibrium, production and costs, producer equilibrium, commodity markets, input markets, general equilibrium, income distribution. |
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| Language of Instruction |
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Turkish |
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| Work Place |
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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 |
Micro and Macro economy |
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Lecture notes and slides |
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2 |
Opportunity cost, production possibilities curve and economic profit concepts |
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Lecture notes and slides |
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3 |
Economic goals, Demand and Supply |
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Lecture notes and slides |
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4 |
Introduction to elasticity concepts |
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Lecture notes and slides |
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5 |
Elasticity of demand and supply |
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Lecture notes and slides |
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6 |
Introduction to industrial structures |
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Lecture notes and slides |
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7 |
Utility cpncepts. Total maximizing rule |
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Lecture notes and slides |
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8 |
Midterm exam |
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9 |
Monopolistic competition |
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Lecture notes and slides |
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10 |
Monopolistic competition |
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11 |
Monopoly |
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Lecture notes and slides |
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12 |
Demand and benefit |
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Lecture notes and slides |
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13 |
Introduction to the concept of flexibility |
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Lecture notes and slides |
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14 |
Elasticity of demand, elasticity of supply |
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Lecture notes and slides |
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Required Course Resources |
| Resource Type | Resource Name |
| Recommended Course Material(s) |
 I. Parasız (2003) Iktisada Giriş
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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 |
75 |
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Homeworks/Projects/Others |
1 |
25 |
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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 |
Can collect and analyze data required for industrial engineering problems ,develops and evaluates alternative solutions. |
4 |
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2 |
Has sufficient background on topics related to mathematics, physical sciences and industrial engineering. |
4 |
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3 |
Gains ability to use the acquired theoretical knowledge on basic sciences and industrial engineering for describing, formulating and solving an industrial engineering problem, and to choose appropriate analytical and modeling methods. |
3 |
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4 |
Gains ability to analyze a service and/or manufacturing system or a process and describes, formulates and solves its problems . |
4 |
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5 |
Gains ability to choose and apply methods and tools for industrial engineering applications. |
4 |
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6 |
Can access information and to search/use databases and other sources for information gathering. |
4 |
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7 |
Works efficiently and takes responsibility both individually and as a member of a multi-disciplinary team. |
3 |
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8 |
Appreciates life time learning; follows scientific and technological developments and renews himself/herself continuously. |
5 |
|
9 |
Can use computer software in industrial engineering along with information and communication technologies. |
2 |
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10 |
Can use oral and written communication efficiently. |
4 |
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11 |
Has a conscious understanding of professional and ethical responsibilities. |
4 |
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12 |
Uses English skills to follow developments in industrial engineering and to communicate with people in his/her profession. |
2 |
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13 |
Has a necessary consciousness on issues related to job safety and health, legal aspects of environment and engineering practice. |
2 |
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14 |
Becomes competent on matters related to project management, entrepreneurship, innovation and has knowledge about current matters in industrial engineering. |
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 |
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Class Time (Exam weeks are excluded) |
13 |
3 |
39 |
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Out of Class Study (Preliminary Work, Practice) |
14 |
3 |
42 |
| Assesment Related Works |
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Homeworks, Projects, Others |
1 |
5 |
5 |
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Mid-term Exams (Written, Oral, etc.) |
1 |
1 |
1 |
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Final Exam |
1 |
1 |
1 |
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Total Workload: | 88 |
| Total Workload / 25 (h): | 3.52 |
| ECTS Credit: | 4 |
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