PAÜ .:. Eğitim Öğretim Bilgi Sistemi

COURSE INFORMATION

Course Code	Course Title	L+P Hour	Semester	ECTS
EKON 207	MICROECONOMICS	3 + 0	3rd Semester	5

COURSE DESCRIPTION

Course Level	Bachelor's Degree
Course Type	Compulsory
Course Objective	To explain and analyse the process of economics behaviour of consumers and producers. Presentation of consumer’s and producer’s equilibrium conditions. Explain to different market structures and show 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, imperfect competition markets like, monopoly, oligopoly and monopolistic competition.
Prerequisites	No the prerequisite of lesson.
Corequisite	No the corequisite of lesson.
Mode of Delivery	Face to Face

COURSE LEARNING OUTCOMES

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

COURSE'S CONTRIBUTION TO PROGRAM

	PO 01	PO 02	PO 03	PO 04	PO 05	PO 06	PO 07	PO 08	PO 09	PO 10	PO 11	PO 12	PO 13	PO 14
LO 001	4	4	4	5	4	5	5	5	4	3	5	5	5	5
LO 002	4	4	4	5	4	5	5	5	4	3	5	5	5	5
LO 003	4	4	4	5	4	5	5	5	4	3	5	5	5	5
LO 004	4	4	4	5	4	5	5	5	4	3	5	5	5	5
LO 005	4	4	4	5	4	5	5	5	4	3	5	5	5	5
LO 006	4	4	4	5	4	5	5	5	4	3	5	5	5	5
Sub Total	24	24	24	30	24	30	30	30	24	18	30	30	30	30
Contribution	4	4	4	5	4	5	5	5	4	3	5	5	5	5

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION

Activities	Quantity	Duration (Hour)	Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)	13	2	26
Hours for off-the-classroom study (Pre-study, practice)	13	2	26
Mid-terms	3	13	39
Final examination	3	13	39
Total Work Load ECTS Credit of the Course			130 5

COURSE DETAILS

Select Year

	Course Term	No	Instructors
Details	2019-2020 Fall	5	MAKBULE GÜLBİN ERDEM

Course Details

Course Code	Course Title	L+P Hour	Course Code	Language Of Instruction	Course Semester
EKON 207	MICROECONOMICS	3 + 0	5	Turkish	2019-2020 Fall

Course Coordinator	E-Mail	Phone Number	Course Location	Attendance
			İİBF C0303	%70

Goals		To explain and analyse the process of economics behaviour of consumers and producers. Presentation of consumer’s and producer’s equilibrium conditions. Explain to different market structures and show 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, imperfect competition markets like, monopoly, oligopoly and monopolistic competition.

Topics

Weeks	Topics
1	Introduction to Microeconomics: Main Concepts, Scarcity Problem and Choices
2	Demand, Supply, and Market Equilibrium
3	Elasticity of Supply and Demand
4	Household Behaviour and Consumer Choice
5	The Production Process: The Behaviour of Profit-Maximizing Firms
6	Production Costs
7	Perfectly Competitive Markets
8	Midterm Exam
9	Imperfect Competition Markets and Monopoly
10	Monopolistic Competition and Oligopoly
11	Labour Markets and Wages
12	General Equilibrium and Efficiency
13	Market Failures: 1- Market Power, Externalities, and Public Good; 2- Uncertainty and Asymmetric Information
14	Income Distribution and Poverty

Materials

Materials are not specified.

Resources

Resources	Resources Language
Ünsal, M. E. (2014), Mikro İktisat, Ankara: İmaj Yayınevi	Türkçe
Acemoğlu D., Laibson, D. ve List J. A. (2018), Mikroekonomi, Istanbul: Beta Yayıncılık	Türkçe
Hatirli S. A. (2017), Mikroekonomi, Ankara: Alter Yayinevi.	Türkçe
Case, K. E., Fair, R. C. and Oster S. M. (2016), Principles of Microeconomics, Pearson International, 12th Edition.	English

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