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COURSE INFORMATION
Course CodeCourse TitleL+P HourSemesterECTS
EKON 231MICROECONOMICS - I4 + 03rd Semester6

COURSE DESCRIPTION
Course Level Bachelor's Degree
Course Type Compulsory
Course Objective This course aims to explain and analyse the process of economics behaviour of consumers and producers. Presentation of consumer’s and producer’s equilibrium conditions, and different market structures and equilibrium in these structures
Course Content Utility function and consumer’s equilibrium, demand and it’s characteristics, production function and producer’s equilibrium, cost and supply function, perfect competition market and government interventions, and imperfect competition markets like monopoly are analyzed.
Prerequisites No the prerequisite of lesson.
Corequisite No the corequisite of lesson.
Mode of Delivery Face to Face

COURSE LEARNING OUTCOMES
1Describe basics concepts which use in microeconomics.
2Explain the process of consumer’s decision and show consumer’s equilibrium
3Explain the process of producer’s production decision and show producer’s equilibrium
4Explain the determinants of demand and supply.
5Explain the different market structure and their processing
6Interpret to equilibrium in different market structures

COURSE'S CONTRIBUTION TO PROGRAM
PO 01PO 02PO 03PO 04PO 05PO 06PO 07PO 08PO 09PO 10PO 11PO 12
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Sub Total303030303030303030303030
Contribution555555555555

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
ActivitiesQuantityDuration (Hour)Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)13339
Hours for off-the-classroom study (Pre-study, practice)13339
Assignments31339
Mid-terms11313
Final examination12626
Total Work Load

ECTS Credit of the Course






156

6
COURSE DETAILS
 Select Year   


 Course TermNoInstructors
Details 2019-2020 Fall3ABDULVAHAP ÖZCAN
Details 2019-2020 Fall4ABDULVAHAP ÖZCAN


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Course Details
Course Code Course Title L+P Hour Course Code Language Of Instruction Course Semester
EKON 231 MICROECONOMICS - I 4 + 0 3 Turkish 2019-2020 Fall
Course Coordinator  E-Mail  Phone Number  Course Location Attendance
Prof. Dr. ABDULVAHAP ÖZCAN aozcan@pau.edu.tr İİBF AB117 İİBF C0203 %70
Goals This course aims to explain and analyse the process of economics behaviour of consumers and producers. Presentation of consumer’s and producer’s equilibrium conditions, and different market structures and equilibrium in these structures
Content Utility function and consumer’s equilibrium, demand and it’s characteristics, production function and producer’s equilibrium, cost and supply function, perfect competition market and government interventions, and imperfect competition markets like monopoly are analyzed.
Topics
WeeksTopics
1 Consumer Behaviour Theory: Cardinal Utility Theory
2 Consumer Equilibrium, individual dwemand curve, consumer surplus and value paradox
3 Ordinal utility Theory: Indifferences Curve and Consumer Equilibrium
4 Comparasion of the Ordinal Utility Theory and Cardinal Utility Theory
5 Some application of Consumer Equilibrium
6 Indifferences Curve and change of Consumer Equilibrium
7 Change of Consumer Equilibrium: income and substitution effect
8 Production Method and Production Technology
9 Midterm exam
10 Production Function
11 Short and long run production costs
12 production and pricing in perfectly competitive market
13 efficiency and equilibrium in perfectly competitive market
14 Final exam
Materials
Materials are not specified.
Resources
ResourcesResources Language
Selim Adem Hatırlı, Mikro İktisat, Alter Yay. Türkçe
Erdal Ünsal, Mikro İktisat, İmaj Yay.Türkçe
Erdal Ünsal, Mikro İktisat, İmaj YayıneviTürkçe
Edgar Browning, Mark Zupan, Mikro İktisat, (Çev.Edi. Recep Kök)Nobel Yayınevi, Ankara, 2014Türkçe
İsmail Bulmuş, Mikro İktisat, Okutman yayıncılıkTürkçe
Course Assessment
Assesment MethodsPercentage (%)Assesment Methods Title
Final Exam60Final Exam
Midterm Exam40Midterm Exam
L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes