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Course Unit Title Course Unit Code Type of Course Unit Level of Course Unit Year of Study Semester ECTS Credits
Microeconomic Analysis IPO115 Compulsory Master's degree 1 Fall 6

Name of Lecturer(s)

Prof. Dr. Şevket Alper KOÇ
Prof. Dr. Selçuk KOÇ
Prof. Dr. Ferhat PEHLİVANOĞLU
Associate Prof. Dr. Figen BÜYÜKAKIN

Learning Outcomes of the Course Unit

1) Will be able to establish the basic concepts of consumer choice choice and firm behavior and their relations with balance and welfare analysis.
2) Understands and evaluates the literature in the field of microeconomics.
3) Evaluate and analyze the problems in the field of general economy in the light of the knowledge gained in the course.
4) Explain the pricing and production decisions of firms in different market models.

Program Competencies-Learning Outcomes Relation

  Program Competencies
1 2 3
Learning Outcomes
1 High High High
2 High Middle High
3 Middle High Middle
4 High High High

Mode of Delivery

Face to Face

Prerequisites and Co-Requisites

None

Recommended Optional Programme Components

Economy

Course Contents

1. Week Theory of Consumer Behavior and Demand 2. Week Production Theory and Supply 3. Week Cost Theory 4. Week Supply-Demand Elasticities and Market Equilibrium 5. Week Firm Theory: Perfect Competition Market 6. Week Firm Theory: Monopoly Market 7. Week Firm Equilibrium: Monopoly Competition Market 8. Week Midterm Exam 9. Week Firm Theory: Oligopoly Market 10. Week Game Theory and Oligopoly 11. Week Factor Market and Income Distribution 12. Week Partial Equilibrium Analysis 13. Week General Equilibrium Analysis 14. Week Final Exam

Recommended or Required Reading

Planned Learning Activities and Teaching Methods

1) Lecture
2) Question-Answer
3) Discussion
4) Drill and Practice
5) Modelling
6) Group Study
7) Brain Storming
8) Self Study


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