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
LO 001	5	3			1	1
LO 002	5				1	1
LO 003	5	4			1	1
LO 004	5	3			1	1
LO 005	5	2			4	1
LO 006	5	3			1	1
Sub Total	30	15			9	6
Contribution	5	3	0	0	2	1

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION

Activities	Quantity	Duration (Hour)	Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)	14	3	42
Hours for off-the-classroom study (Pre-study, practice)	14	5	70
Mid-terms	1	7	7
Final examination	1	11	11
Total Work Load ECTS Credit of the Course			130 5

COURSE DETAILS

Select Year

	Course Term	No	Instructors
Details	2019-2020 Fall	8	HALİL TUNCA

Course Details

Course Code	Course Title	L+P Hour	Course Code	Language Of Instruction	Course Semester
EKON 207	MICROECONOMICS	3 + 0	8	Turkish	2019-2020 Fall

Course Coordinator	E-Mail	Phone Number	Course Location	Attendance
Asts. Prof. Dr. HALİL TUNCA	htunca@pau.edu.tr		İİBF AB113	%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	Acquanintance, to provide information about the course
2	Consumer Behaviour i) Cardinal utility theory
3	The theory of indifference curves i) consumer equilibrium
4	The theory of indifference curves i) change in the equilibrium of consumer
5	Production technologies and production function
6	Production Costs i) Short run and long run cost curve
7	Midterm Exam
8	Perfectly Competitive Market i) firm equilibrium under perfect competitive in the short and long run
9	Perfectly Competitive Market i) firm equilibrium under perfect competitive in the short and long run
10	The process of perfectly competitive market i) Supply and demand, The elasticity of supply and demand ii) Equilibrium iii) Intervention of the market
11	The process of perfectly competitive market i) Supply and demand, The elasticity of supply and demand ii) Equilibrium iii) Intervention of the market
12	Monopoly Market i) demand and revenue of monopolistic firm ii) Short and long run equilibrium iii) price discrimination
13	Monopolistically Competitive Market i) short and long run firm equilibrium
14	Factor markets and input demand

Materials

Materials are not specified.

Resources

Resources	Resources Language
Erdal Ünsal, Mikro iktisat, imaj yayınevi	Türkçe
Selim Adem Hatırlı, Mikroekonomi, Alter Yayıncılık	Türkçe
Zeynel Dinler, Mikro Ekonomi, Ekin Kitabevi	Türkçe

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