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	-	Fall Semester	3+0	3	5

Course Program

Cumartesi 12:45-13:30

Cumartesi 13:30-14:15

Cumartesi 14:30-15:15

Prerequisites Courses
Recommended Elective Courses

Language of Course	Turkish
Course Level	First Cycle (Bachelor's Degree)
Course Type	Required
Course Coordinator	Assoc.Prof. İrfan ERSİN
Name of Lecturer(s)	Assoc.Prof. Kenan DEMİR, Res.Assist. Edanur ERGÜN
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.

Course Learning Outcomes	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.	16, 9	A
6.2. Analyzes the consumption price relationship.	16, 9	A
6.3. Defines the factors affecting production.	16, 9	A

Teaching Methods:	16: Question - Answer Technique, 9: Lecture Method
Assessment Methods:	A: Traditional Written Exam

Course Outline

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

Resources

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

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	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