TÜRKÇE
ENGLISH
Information
| Code | EKO722 |
| Name | Principle of Economics 2 |
| Term | 2023-2024 Academic Year |
| Semester | . Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 8 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Yüksek Lisans Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. MEHMET FATİH CİN |
Course Goal / Objective
Demand and supply curves, indifference curves, budget lines, iso-product curves, perfect competition market will be explained.
Course Content
Demand and supply curves, indifference curves, budget lines, iso-product curves, perfect competition market will be explained.
Course Precondition
Yok
Resources
Zeynel Dinler, İktisada Giriş
Notes
Kemal Yıldırım, İktisada Giriş
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Use the basic analytical tools of microeconomics |
| LO02 | Understand the consumer preferences and utility functions in case of single goods and multiple goods |
| LO03 | Analyze consumer balance |
| LO04 | Analyzes producer balance |
| LO05 | Analyze the profit maximization condition of firms operating in different market structures |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explains the importance of demand and supply and the conditions of the market economy to work better | 5 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Specifies the role of the market economy, the price advantage of the event. | 5 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Specifies the role of the price advantage in market economy | 5 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Faces with challenges, produces a numerical and policy options. | 3 |
| PLO05 | Bilgi - Kuramsal, Olgusal | Applies the methods of economic analysis. | 3 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Acquires the ability of analyzing in the conceptual level ,compares interprets, evaluates and synthesizes ideas in order to develop solutions to the problems. | |
| PLO07 | Bilgi - Kuramsal, Olgusal | Uses the theory of economics in analyzing the economic events | 5 |
| PLO08 | Bilgi - Kuramsal, Olgusal | Explains economic issues such as determinants of economic growth, causes and costs of unemployment, globalization and economic interdependence of nations. | 3 |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Evaluates academic writings related to the field of economics. | 3 |
| PLO10 | Bilgi - Kuramsal, Olgusal | Takes responsibility individually and / or in a team,leads a team and works effectively | |
| PLO11 | Bilgi - Kuramsal, Olgusal | With the awareness of the necessity of life-long learning, follows the latest developments about his field and improves himself | 4 |
| PLO12 | Yetkinlikler - Alana Özgü Yetkinlik | Recognize and apply social, scientific and professional ethical values. | 4 |
| PLO13 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Expresses himself/herself accurately, both orally and in writing. | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Introduction: Basic concepts in economics | Relevant Chapter | Öğretim Yöntemleri: Anlatım |
| 2 | Consumer Preferences and the Concept of Benefit | Relevant Chapter | Öğretim Yöntemleri: Anlatım |
| 3 | Demand Theory | Relevant Chapter | Öğretim Yöntemleri: Anlatım |
| 4 | Market demand and elasticities | Relevant Chapter | Öğretim Yöntemleri: Anlatım |
| 5 | Production Theory: Short Term and Long Term I | Relevant Chapter | Öğretim Yöntemleri: Anlatım |
| 6 | Production Theory: Short Term and Long Term II | Relevant Chapter | Öğretim Yöntemleri: Anlatım |
| 7 | Production Costs: Short Term and Long Term I | Relevant Chapter | Öğretim Yöntemleri: Anlatım |
| 8 | Mid-Term Exam | Relevant Chapters | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Production Costs: Short Term and Long Term II | Relevant Chapter | Öğretim Yöntemleri: Anlatım |
| 10 | Production Costs | Relevant Chapter | Öğretim Yöntemleri: Anlatım |
| 11 | Equilibrium in a Perfect Competition Market | Relevant Chapter | Öğretim Yöntemleri: Anlatım |
| 12 | Pricing and Production in Perfect Competition | Relevant Chapter | Öğretim Yöntemleri: Anlatım |
| 13 | Equilibrium in Monopoly | Relevant Chapter | Öğretim Yöntemleri: Anlatım |
| 14 | Equilibrium in a Monopolistic Competitive Market | Relevant Chapter | Öğretim Yöntemleri: Anlatım |
| 15 | Equilibrium in the oligopoly market | Relevant Chapter | Öğretim Yöntemleri: Anlatım |
| 16 | General Evaluation | Relevant Chapters | Öğretim Yöntemleri: Anlatım |
| 17 | Term Exams | Relevant Chapters | 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 | 9 | 126 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 1 | 2 | 2 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 9 | 9 |
| Final Exam | 1 | 18 | 18 |
| Total Workload (Hour) | 197 | ||
| Total Workload / 25 (h) | 7,88 | ||
| ECTS | 8 ECTS | ||