TÜRKÇE
ENGLISH
Information
| Code | IKZ202 |
| Name | Microeconomics II |
| Term | 2023-2024 Academic Year |
| Semester | 4. 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 | Prof. Dr. NEŞE ALGAN |
| Course Instructor |
Doç. Dr. SANLI ATEŞ
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
This is a two term course which teaches the micro foundations of the economy
Course Content
In this module; problems of economic systems, economic events, sides of economic events and their modes of behaviors, consumer theory and profit maximization, profit maximization theory of the firm, firms decision-making processes in different markets and the factor markets will be analyzed.
Course Precondition
There are no prerequisites.
Resources
Zeynel Dinler, Microeconomics
Notes
Erdal Ünsal, Microeconomics
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Understanding the root causes and features of market imperfections Being able to identify the atributes of the imperfectly competitive markets and compare and contrast in this context |
| LO02 | Understanding the conditions to be complied with within an economy for it to be considered as Pareto Optimal and its implications for a given society |
| LO03 | To be able to understand the basic features of workings of factor markets |
| LO04 | Have knowledge about markets. |
| LO05 | Learns to use economic theory in the analysis of economic events. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the basic concepts and theorems in the fields of Econometrics, Statistics and Operations research | |
| PLO02 | Bilgi - Kuramsal, Olgusal | Acquires basic Mathematics, Statistics and Operation Research concepts | |
| PLO03 | Bilgi - Kuramsal, Olgusal | Describes the necessary concepts of Business | 3 |
| PLO04 | Beceriler - Bilişsel, Uygulamalı | Equipped with the foundations of Economics, and develops Economic models | 5 |
| PLO05 | Beceriler - Bilişsel, Uygulamalı | Models problems with Mathematics, Statistics, and Econometrics | 4 |
| PLO06 | Beceriler - Bilişsel, Uygulamalı | Has the ability to analyze/interpret at the conceptual level to develop solutions to problems | 4 |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Collects/analyses data | |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Interprets the results analyzed with the model | |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Combines the information obtained from different sources within the framework of academic rules in a field which does not research | |
| PLO10 | Beceriler - Bilişsel, Uygulamalı | It develops traditional approaches, practices and methods into new working methods when it deems necessary | 4 |
| PLO11 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Leads by taking responsibility individually and/or within the team | |
| PLO12 | Yetkinlikler - Öğrenme Yetkinliği | In addition to herself/himself professional development, constantly improves in scientific, cultural, artistic and social fields in line with interests and abilities | |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, it constantly renews itself by following the current developments in its field. | 5 |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Uses a package program of Econometrics, Statistics, and Operation Research | 3 |
| PLO15 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Uses Turkish and at least one other foreign language, academically and in the business context | |
| PLO16 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Interprets the feelings, thoughts and behaviors of the related persons correctly/expresses himself/herself correctly in written and verbal form | |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Interprets data on current economic and social issues | 5 |
| PLO18 | Yetkinlikler - Alana Özgü Yetkinlik | Applies social, scientific and professional ethical values |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | The concept of imperfect competition: market structures | reading | Öğretim Yöntemleri: Anlatım |
| 2 | Monopoly pricing and output | reading | Öğretim Yöntemleri: Anlatım |
| 3 | The creation of cartels and cost of policing in cartel organizations | reading | Öğretim Yöntemleri: Anlatım |
| 4 | The creation, regualtion and destruction of monopolies | reading | Öğretim Yöntemleri: Anlatım |
| 5 | The theory of monopolistic competition | reading | Öğretim Yöntemleri: Anlatım |
| 6 | Oligipolistic market structure:introduction | reading | Öğretim Yöntemleri: Anlatım |
| 7 | The models of oligopolistic markets | reading | Öğretim Yöntemleri: Anlatım |
| 8 | Mid-Term Exam | prepare to exam | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | The theories of input demand | reading | Öğretim Yöntemleri: Anlatım |
| 10 | Wage determination process in different market structures | reading | Öğretim Yöntemleri: Anlatım |
| 11 | Wage, rents and income differences | reading | Öğretim Yöntemleri: Anlatım |
| 12 | General Equilibrium Analysis: introduction | reading | Öğretim Yöntemleri: Anlatım |
| 13 | General Equilibrium Analysis | reading | Öğretim Yöntemleri: Anlatım |
| 14 | Welfare Economics: Theoretical Issues | reading | Öğretim Yöntemleri: Anlatım |
| 15 | Measuring Welfare Costs | reading | Öğretim Yöntemleri: Anlatım |
| 16 | Term Exams | prepare to exam | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams-2 | 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 | ||