| Course Unit Title | Course Unit Code | Type of Course Unit | Level of Course Unit | Year of Study | Semester | ECTS Credits |
|---|---|---|---|---|---|---|
| Micro Economy | HUI105 | Compulsory | Bachelor's degree | 1 | Fall | 4 |
Name of Lecturer(s)
Assistant Prof. Dr. Hakkı Cenk ERKİN
Assistant Prof. Dr. Hakan RODOPLU
Learning Outcomes of the Course Unit
1) Applies the supply-demand analysis.
2) Explains producer and consumer behaviors.
3) Analyze perfect competititon and imperfect competition.
4) Evaluates all kinds of elasticities.
Program Competencies-Learning Outcomes Relation
| Program Competencies | |||||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | ||
| Learning Outcomes | |||||||||
| 1 | Low | Low | High | High | High | High | Middle | Middle | |
| 2 | Low | Low | High | High | High | High | Middle | No relation | |
| 3 | Low | Low | High | High | High | High | Middle | Middle | |
| 4 | Low | Low | High | High | High | High | Middle | Middle | |
Mode of Delivery
Face to Face
Prerequisites and Co-Requisites
None
Recommended Optional Programme Components
Not Required
Course Contents
Consumer behavior theory and demand analysis, production, costs, and firm’s supply, industry structure, competition and pricing strategies, impact of government intervention in the market on a firm, asymmetric information, moral hazard and adverse selection problems.
Weekly Schedule
1) Microeconomics defined2) The fundamental nature of supply and demand
3) Demand and supply elasticities
4) Cardinal and marginal utility theory
5) Producer theory
6) Cost analysis
7) Profit maximization and supply
8) Midterm exam
9) Perfect competiton
10) Monopoly
11) Oligopoly
12) Monopolistic competiton
13) Factor markets and labor supply
14) General equilibrium and economic efficiency
15) Market failure and role of government
16) Final exam
Recommended or Required Reading
1- Krugman and Wells, Mikro İktisat
2- Dinler, Zeynel, İktisada Giriş
Planned Learning Activities and Teaching Methods
1) Lecture
2) Question-Answer
3) Discussion
Assessment Methods and Criteria
Contribution of Midterm Examination to Course Grade |
40% |
|---|---|
Contribution of Final Examination to Course Grade |
60% |
Total |
100% |
Language of Instruction
Turkish
Work Placement(s)
Not Required