Course Detail

Course Description Course Outline Course Contribution to Program Qualifications Assessment Methods ECTS-Workload Detail Informations of the Course Numerical Data

Course Description

Course	Code	Semester	T+P (Hour)	Credit	ECTS
MICROECONOMICS	BUS1139490	Fall Semester	3+0	3	5

Course Program

Çarşamba 13:30-14:15

Çarşamba 14:30-15:15

Çarşamba 15:30-16:15

Cumartesi 13:30-14:15

Cumartesi 14:30-15:15

Cumartesi 15:30-16:15

Prerequisites Courses
Recommended Elective Courses

Language of Course	English
Course Level	First Cycle (Bachelor's Degree)
Course Type	Required
Course Coordinator	Assoc.Prof. Erman GEDİKLİ
Name of Lecturer(s)	Assist.Prof. Hakan YILDIZ
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 and Monopolistic Competition,Review.

Course Learning Outcomes	Teaching Methods	Assessment Methods
1. Will be able to explain basic concepts of microeconomics.	13, 16, 9	A
1.1. Define basic concepts	13, 16, 9	A
1.2. Relate these concepts with the real life.	13, 16, 9	A
2. Will be able to explains the formation of price and quantity in economics.	12, 13, 16, 9	A
2.1. Analyse factors that affect price and quantity	12, 13, 16, 9	A
2.2. Evaluate the effects of public policies	12, 13, 16, 9	A
3. Will be able to nalyses consumer behavior.	12, 13, 16, 9	A
3.1. Analyse the concept of utility	12, 13, 16, 9	A
3.2. Analyse the effect of budget constraints.	12, 13, 16, 9	A
4. Will be able to analyses firm behavior	12, 13, 16, 9	A
4.1. Analyse production technologies	12, 13, 16, 9	A
4.2. Analyse different types of cost	12, 13, 16, 9	A
4.3. Analyse the concept of profit	12, 13, 16, 9	A
5. will able to evaluates the markets.	12, 13, 16, 9	A
5.1. Recognize types of markets	12, 13, 16, 9	A
5.2. Analyse the formation of market prices.	12, 13, 16, 9	A
5.3. Compare different markets	12, 13, 16, 9	A

Teaching Methods:	12: Problem Solving Method, 13: Case Study Method, 16: Question - Answer Technique, 9: Lecture Method
Assessment Methods:	A: Traditional Written Exam

Course Outline

Order	Subjects	Preliminary Work
1	Introduction to Economics
2	Fundamental Concepts in Microeconomics
3	Supply and Demand
4	Market Equilibrium
5	Elasticity
6	Household Behavior and Consumer Choice
7	Production Process
8	Short-Run Costs
9	Long-Run Costs
10	Factor Markets
11	Perfect Competition
12	Monopoly
13	Oligopoly and Monopolistic Competition
14	Review

Resources

- Case Fair and Oster, Pearson 2016 - Principles of Economics

Course Contribution to Program Qualifications

Course Contribution to Program Qualifications
No	Program Qualification	Contribution Level
No	Program Qualification	1	2	3	4	5
1	Defines the theoretical issues in the field of business administration		X
2	Describes the necessary qualitative and quantitative methods in the field of business and management.	X
3	Uses at least one computer program in the field of business and management			X
4	Sustains proficiency in a foreign language required for business and management.			X
5	Prepares managerial investment projects and work in a team.			X
6	Constantly renews himself / herself by following developments in business and management with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got.		X
7	Uses theoretical and practical expertise in the field of business administration			X
8	Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication.			X
9	Adopts organizational / institutional and social ethical values.			X
10	Within the framework of service responsiveness, adopts social responsibility principles and takes initiative when necessary.		X
11	Uses and analyses basic facts and data in different disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies.	X
12	Uses and Analyses the fundamental and advanced techniques in the field to enhance business performance, productivity, sustainability,innovation and research, efficiency and effectiveness.		X

Assessment Methods

Contribution Level	Absolute Evaluation
Rate of Midterm Exam to Success		40
Rate of Final Exam to Success		60
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	10	20
Term Project	0	0	0
Presentation of Project / Seminar	0	0	0
Quiz	2	15	30
Midterm Exam	1	31	31
General Exam	1	52	52
Performance Task, Maintenance Plan	0	0	0
Total Workload(Hour)			175
*Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30=(175/30)**			6
ECTS of the course: 30 hours of work is counted as 1 ECTS credit.

Detail Informations of the Course