TÜRKÇE
ENGLISH
Information
| Code | IKS402 |
| Name | Microeconomics III |
| Term | 2023-2024 Academic Year |
| Semester | 8. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 6 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Dr. Öğr. Üyesi MUSTAFA ILDIRAR |
| Course Instructor |
1 2 |
Course Goal / Objective
Microeconomics is the social science that studies the implications of individual human action, specifically about how those decisions affect the utilization and distribution of scarce resources. Microeconomics shows how and why different goods have different values, how individuals make more efficient or more productive decisions, and how individuals best coordinate and cooperate with one another. Generally speaking, microeconomics is considered a more complete, advanced and settled science than macroeconomics.
Course Content
Basic concepts, supply and demand markets, factor markets
Course Precondition
There are no course prerequisites.
Resources
Microeconomics- Jeffrey M. Perloff
Notes
Microeconomics 2- Steven A. Greenlaw, David Shapiro, Timothy Taylor (2014)
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Comprehends basic concepts of microeconomics and makes market analysis |
| LO02 | Analyzes of perfect competition market |
| LO03 | Analyzes monopolistic competition market |
| LO04 | The functioning of factor markets is analyzed |
| LO05 | The general equilibrium theory is analyzed in detail. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the importance of demand and supply in economy science and the well-running conditions of the market economy | 5 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Define the role of pricing within the event advantage of the market economy. | 5 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Define the role of the state in economy, money and financial policies, the central bank and the structure of the market. | |
| PLO04 | Bilgi - Kuramsal, Olgusal | Perceive the costs and benefits arising from the global economy | |
| PLO05 | Bilgi - Kuramsal, Olgusal | Produce numerical and policy options when confronted with problems. | 5 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Use quantitative and qualitative techniques of model building, decoding and interpretation. | 4 |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Use the theory of economics in the analysis of economic events. | 5 |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Use computer programs, do synthesis and present prepared data efficiently. | |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Apply the methods of economic analysis. | |
| PLO10 | Bilgi - Kuramsal, Olgusal | Analyze at conceptual level and acquires ability in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems | 4 |
| PLO11 | Beceriler - Bilişsel, Uygulamalı | Use of different sources about an unfamiliar field within academic principles, synthesize gained data and presents effectively. | |
| PLO12 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Take responsibility individually and / or in a team, take leadership and work effectively. | |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself.. | |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Use Turkish and at least one foreign language in accordance with the requirements of academic and work life. | |
| PLO15 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Understand and interpret related people´s feelings, thoughts, and behaviours correctly; expresse him-/herself accurately in written and oral language. | 5 |
| PLO16 | Yetkinlikler - Alana Özgü Yetkinlik | Question traditional approaches, practices and methods. | 4 |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Recognize and apply social, scientific and professional ethical values. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Basic concepts | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 2 | basic concepts 2 | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 3 | demad | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 4 | supply | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 5 | Concepts of Utility, Cardinal Ordinal Utility | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 6 | perfectly competitive market | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 7 | monopoly market | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 8 | Mid-Term Exam | prepare to exam | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | oligopol market | reading | Öğretim Yöntemleri: Anlatım |
| 10 | game theory | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 11 | factor markets | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 12 | Mathematical Approaches to Consumer Equilibrium | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 13 | General Equilibrium Theory | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 14 | Externalities | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 15 | General Equilibrium Theory 2 | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 16 | Term Exams | prepare to exam | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | prepare to exam | Ölçme Yöntemleri: Yazılı Sınav |
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 | 5 | 70 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 15 | 15 |
| Final Exam | 1 | 30 | 30 |
| Total Workload (Hour) | 157 | ||
| Total Workload / 25 (h) | 6,28 | ||
| ECTS | 6 ECTS | ||