PAÜ .:. Eğitim Öğretim Bilgi Sistemi

COURSE INFORMATION

Course Code	Course Title	L+P Hour	Semester	ECTS
EKON 427	BASIC ECONOMICS - I	3 + 0	3rd Semester	3

COURSE DESCRIPTION

Course Level	Associate's Degree
Course Type	Elective
Course Objective	This class presents microeconomic theory and applications of consumer and producer behavior and welfare analysis at an intermediate level.
Course Content	Markets, Budget constraint, Preferences, Utility, Optimal choice, Explained Preferences, Slutsky equation, Demand and supply, Time preference in consumption, Equilibrium in markets.
Prerequisites	No the prerequisite of lesson.
Corequisite	No the corequisite of lesson.
Mode of Delivery	Face to Face

COURSE LEARNING OUTCOMES

1	to use the microeconomics analyse tools
2	to understand notion of market
3	to explain the mechanism that ıt is back to the basic microeconomics
4	to understand the dynamic process between comsumers and producers
5	to explain the utility and profit maximization
6	to use the firm's theory and market mechanism
7	to comprehend the differens between general equilibrium and partial equilibrium

COURSE'S CONTRIBUTION TO PROGRAM

Data not found.

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION

Activities	Quantity	Duration (Hour)	Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)	2	13	26
Hours for off-the-classroom study (Pre-study, practice)	1	13	13
Assignments	1	13	13
Mid-terms	1	4	4
Final examination	1	4	4
Presentation	1	5	5
Pratical Study	1	13	13
Total Work Load ECTS Credit of the Course			78 3

COURSE DETAILS

Select Year

	Course Term	No	Instructors
Details	2023-2024 Fall	1	NUR AYDIN

Course Details

Course Code	Course Title	L+P Hour	Course Code	Language Of Instruction	Course Semester
EKON 427	BASIC ECONOMICS - I	3 + 0	1	Turkish	2023-2024 Fall

Course Coordinator	E-Mail	Phone Number	Course Location	Attendance
Asts. Prof. Dr. NUR AYDIN	nuraydin@pau.edu.tr		SHMYO A0003	%70

Goals		This class presents microeconomic theory and applications of consumer and producer behavior and welfare analysis at an intermediate level.
Content		Markets, Budget constraint, Preferences, Utility, Optimal choice, Explained Preferences, Slutsky equation, Demand and supply, Time preference in consumption, Equilibrium in markets.

Topics

Weeks	Topics
1	What is microeconomics?
2	Basic terms
3	Consumer theory
4	Consumer theory and demand
5	Marshallian and Hicksian demand curves
6	Decomposition of the total effect
7	Substitution and income effects
8	Midterm
9	Producer theory
10	Cost theory
11	Perfect competition
12	Monopoly
13	Oligopoly
14	Welfare theory and general equilibrium

Materials

Materials are not specified.

Resources

Course Assessment

Assesment Methods	Percentage (%)	Assesment Methods Title
Final Exam	60	Final Exam
Midterm Exam	40	Midterm Exam

L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes

Prospective Student