This course aims to explain fundamental concepts of economics, supply, demand, consumer behaviour, the theory of firm, and markets.
Course Content
This course contains; Introduction to Economics,Fundamental Concepts in Microeconomics,Supply and Demand,Market Equilibrium,Elasticity,Household Behavior and Consumer Choice,Production Process,Short-Run Costs,Long-Run Costs,Factor Markets,Perfect Competition,Monopoly,Oligopoly ,Monopolistic Competition.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Will be able to explain basic concepts of micro economics
16, 9
A
1.1. Defines basic concepts
16, 9
A
1.2. Relates these concepts with the real life.
16, 9
A
2. Will be able to explain the formation of price and quantity in economics.
16, 9
A
2.1. Calculates supply and demand elasticities
16, 9
A
2.2. Evaluates the effects of public policies
16, 9
A
3.1. Analyzes the concept of utility
16, 9
A
3.2. Analyzes the effect of budget constraits.
16, 9
A
4. Will be able to analyze firm behavior.
16, 9
A
4.1. Analyzes production technologies
16, 9
A
4.2. Explain different types of costs.
16, 9
A
6.1.Defines the production price relationship.
16, 9
A
3. Will be able to analyze consumer behavior.
16, 9
A
4. 3. Defines the concept of profit.
16, 9
A
5. Will be able to evaluate markets.
16, 9
A
5. 2. Analyzes the formation of market prices.
16, 9
A
5.1. Recognizes types of markets
16, 9
A
5.3. Compares different markets
16, 9
A
6. Will be able to analyze current economic events.
1. Zeynel Dinler, İktisada Giriş, Ekin Basım Yayın, 2006.
2. Mevlüt Tatlıyer, İktisadi Düşüncenin Evrimi ve İktisat Politikası, Nobel Yayıncılık, 2015.
1. Case, Fair and Oster, Principles of Economics, Pearson, 2019
2. Krugman and Welles, Microeconomics The MIT Press, 2012
3. Begg, Vernasca, Fischer and Dornbusch, Economics. McGraw-Hill Education, 2020
4. A. Talha Yalta, A. Yasemin Yalta, Modern Mikroekonomiye Giriş , Adres Press, 2019
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
Defines the theoretical issues in the field of International Trade and Finance (ITF).
X
2
Describes the necessary quantitative and statistical methods in the field of ITF.
3
Uses at least one computer program in the field of ITF.
4
Sustains proficiency in a foreign language required in ITF.
5
Prepares trade and finance projects and leads teams.
X
6
Constantly updates himself / herself by following developments in science and technology with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got.
7
Uses theoretical and practical expertise in the field of ITF.
X
8
Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication skills.
9
Adopts organizational / institutional and social ethical values.
10
Within the framework of community involvement, adopts social responsibility principles and takes initiative when necessary.
11
Uses and analyses basic facts and data in various disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies.
X
12
Gains expertise in global trade, export and import transactions, customs clearance and financing of foreign trade.
X
Assessment Methods
Contribution Level
Absolute Evaluation
Rate of Midterm Exam to Success
50
Rate of Final Exam to Success
50
Total
100
ECTS / Workload Table
Activities
Number of
Duration(Hour)
Total Workload(Hour)
Course Hours
14
3
42
Guided Problem Solving
0
0
0
Resolution of Homework Problems and Submission as a Report
2
5
10
Term Project
0
0
0
Presentation of Project / Seminar
0
0
0
Quiz
2
15
30
Midterm Exam
1
26
26
General Exam
1
42
42
Performance Task, Maintenance Plan
0
0
0
Total Workload(Hour)
150
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(150/30)
5
ECTS of the course: 30 hours of work is counted as 1 ECTS credit.
Detail Informations of the Course
Course Description
Course
Code
Semester
T+P (Hour)
Credit
ECTS
MICROECONOMICS
-
Fall Semester
3+0
3
5
Course Program
Prerequisites Courses
Recommended Elective Courses
Language of Course
Turkish
Course Level
First Cycle (Bachelor's Degree)
Course Type
Required
Course Coordinator
Assoc.Prof. Kenan DEMİR
Name of Lecturer(s)
Prof.Dr. Rana ATABAY KUŞÇU
Assistant(s)
Aim
This course aims to explain fundamental concepts of economics, supply, demand, consumer behaviour, the theory of firm, and markets.
Course Content
This course contains; Introduction to Economics,Fundamental Concepts in Microeconomics,Supply and Demand,Market Equilibrium,Elasticity,Household Behavior and Consumer Choice,Production Process,Short-Run Costs,Long-Run Costs,Factor Markets,Perfect Competition,Monopoly,Oligopoly ,Monopolistic Competition.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Will be able to explain basic concepts of micro economics
16, 9
A
1.1. Defines basic concepts
16, 9
A
1.2. Relates these concepts with the real life.
16, 9
A
2. Will be able to explain the formation of price and quantity in economics.
16, 9
A
2.1. Calculates supply and demand elasticities
16, 9
A
2.2. Evaluates the effects of public policies
16, 9
A
3.1. Analyzes the concept of utility
16, 9
A
3.2. Analyzes the effect of budget constraits.
16, 9
A
4. Will be able to analyze firm behavior.
16, 9
A
4.1. Analyzes production technologies
16, 9
A
4.2. Explain different types of costs.
16, 9
A
6.1.Defines the production price relationship.
16, 9
A
3. Will be able to analyze consumer behavior.
16, 9
A
4. 3. Defines the concept of profit.
16, 9
A
5. Will be able to evaluate markets.
16, 9
A
5. 2. Analyzes the formation of market prices.
16, 9
A
5.1. Recognizes types of markets
16, 9
A
5.3. Compares different markets
16, 9
A
6. Will be able to analyze current economic events.
1. Zeynel Dinler, İktisada Giriş, Ekin Basım Yayın, 2006.
2. Mevlüt Tatlıyer, İktisadi Düşüncenin Evrimi ve İktisat Politikası, Nobel Yayıncılık, 2015.
1. Case, Fair and Oster, Principles of Economics, Pearson, 2019
2. Krugman and Welles, Microeconomics The MIT Press, 2012
3. Begg, Vernasca, Fischer and Dornbusch, Economics. McGraw-Hill Education, 2020
4. A. Talha Yalta, A. Yasemin Yalta, Modern Mikroekonomiye Giriş , Adres Press, 2019
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
Defines the theoretical issues in the field of International Trade and Finance (ITF).
X
2
Describes the necessary quantitative and statistical methods in the field of ITF.
3
Uses at least one computer program in the field of ITF.
4
Sustains proficiency in a foreign language required in ITF.
5
Prepares trade and finance projects and leads teams.
X
6
Constantly updates himself / herself by following developments in science and technology with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got.
7
Uses theoretical and practical expertise in the field of ITF.
X
8
Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication skills.
9
Adopts organizational / institutional and social ethical values.
10
Within the framework of community involvement, adopts social responsibility principles and takes initiative when necessary.
11
Uses and analyses basic facts and data in various disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies.
X
12
Gains expertise in global trade, export and import transactions, customs clearance and financing of foreign trade.
