TÜRKÇE
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Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| BUSINESS ADMINISTRATION PR. | |
| Code | IKZ205 |
| Name | Microeconomics |
| Term | 2021-2022 Academic Year |
| Semester | 3. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. FİKRET DÜLGER |
| Course Instructor |
Prof. Dr. FİKRET DÜLGER
(Güz)
(A Group)
(Ins. in Charge)
Doç. Dr. ALMILA BURGAÇ ÇİL (Güz) (B Group) (Ins. in Charge) |
Course Goal / Objective
To be able to examine the the rational behavior processes of consumers and effective input usage processes, decisions and behaviors of producer
Course Content
An Overview of Microeconomics- Utility Approach and Consumer Equilibrium - Indifference Curve and Consumer Equilibrium -Market Demand Analysis-Determinants of Market Demand-Production Function and Productivity Analysis-Cost Minimization-Cost Theory-Supply Analysis-Perfectly Competitive Market Equilibrium- Profit Maximization in Perfect Competition Markets-Imperfect Competetion Markets-General Equilibrium and Welfare Economics
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Understanding the theoretical foundations of microeconomics theory |
| LO02 | Understanding the role of economic actors in the economy |
| LO03 | To be able to analyse consumer and producer behavior |
| LO04 | To be able to explain economic facts |
| LO05 | To be able to examine individual behaviors within the framework of production and consumption theory |
| LO06 | To be able to analyze the equilibrium conditions of the firm in perfectly competitive markets |
| LO07 | To be able to discuss different aspects of firms in imprefect competition conditions |
| LO08 | To be able to evaluate the decisions and behaviors of consumers and producers in the commodity markets as well as their economic decisions and behaviors |
| LO09 | To be able to distinguish the characteristics of different market types |
| LO10 | To be able to explain the basic concepts of welfare economics |
| LO11 | To be able to understand how economic actors decide when supplying labor |
| LO12 | To be able to use general equilibrium model to explain how the market works |
| LO13 | To know the conditions in which free market cannot realize economic efficiency |
| LO14 | To be able to analyze the effects of tax policies on balance |
| LO15 | To be able to explain how the prices are determined in incomplete competition markets |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explaining business concepts and their interrelationships | 5 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Explaining the basic theoretical models, numerical and statistical methods of business management | |
| PLO03 | Bilgi - Kuramsal, Olgusal | Explaining the relationship between basic economics concepts and business management concepts | 5 |
| PLO04 | Bilgi - Kuramsal, Olgusal | İşletme yönetiminde kullanılan kuramsal, sayısal ve istatistik yöntemlerin nasıl uygulanacağını açıklama | 4 |
| PLO05 | Bilgi - Kuramsal, Olgusal | Explaining how to interpret the results obtained as a result of the creation/application of theoretical, numerical and statistical methods used in business management | 4 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Determine appropriate methods to solve business problems | |
| PLO07 | Bilgi - Kuramsal, Olgusal | Evaluate the results that are obtained from applications of business management methods | 4 |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Use the basic numerical and statistical softwares | |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Use the basic enterprise resource planning (ERP) softwares | |
| PLO10 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Working effectively individually and/or in a team | |
| PLO11 | Yetkinlikler - Öğrenme Yetkinliği | As well as professional development, improve him-/herself continuously in scientific, social, cultural and artistic fields according to his/her interests and abilities, identifying needs of learning. | |
| PLO12 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, constantly renewing itself by following the current developments in the field. | 4 |
| PLO13 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Presenting information effectively by using different sources within the framework of academic rules. | |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Use Turkish and at least one foreign language in accordance with the requirements in academic and business context | |
| PLO15 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Accurately express the obtained information and comments verbally and in writing | 4 |
| PLO16 | Yetkinlikler - Alana Özgü Yetkinlik | Applying new working methods when deemed necessary by questioning traditional approaches, practices and methods | 4 |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Acting in accordance with social, scientific and professional ethical values from an entrepreneurial perspective | |
| PLO18 | Yetkinlikler - Alana Özgü Yetkinlik | Determining the most appropriate approaches, implementations and methods of business management considering sectors, their sizes, resources, cultures, goals and objectives of the enterprises | |
| PLO19 | Yetkinlikler - Alana Özgü Yetkinlik | Interpreting the effects of external environmental factors such as sector structure, competition, technology, economy, politics, culture, which affect the | 5 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Microeconomics Concepts | Relevant chapter | |
| 2 | Utility Approach and Consumer Equilibrium | Relevant chapter | |
| 3 | Indifference Curve and Consumer Equilibrium | Relevant chapter | |
| 4 | Consumer Equilibrium | Relevant chapter | |
| 5 | Market Demand Analysis | Relevant chapter | |
| 6 | Determinants of Market Demand | Relevant chapter | |
| 7 | Production Function and Productivity Analysis | Relevant chapter | |
| 8 | Mid-Term Exam | ||
| 9 | Cost Minimization | Relevant chapter | |
| 10 | Cost Theory | Relevant chapter | |
| 11 | Supply Analysis | Relevant chapter | |
| 12 | Perfectly Competitive Market Equilibrium | Relevant chapter | |
| 13 | Profit Maximization in Perfect Competition Markets. | Relevant chapter | |
| 14 | Imperfect Competetion Markets | Relevant chapter | |
| 15 | General Equilibrium and Welfare Economics | Relevant chapter | |
| 16 | Term Exams | ||
| 17 | Term Exams |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 3 | 42 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 12 | 12 |
| Final Exam | 1 | 18 | 18 |
| Total Workload (Hour) | 114 | ||
| Total Workload / 25 (h) | 4,56 | ||
| ECTS | 5 ECTS | ||