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COURSE INFORMATION
Course CodeCourse TitleL+P HourSemesterECTS
EKON 317WELFARE AND GENERAL EQUILIBRIUM THEORY3 + 08th Semester5

COURSE DESCRIPTION
Course Level Bachelor's Degree
Course Type Elective
Course Objective The aim of this course is to introduce equilibrium in economics and its relation with welfare theories.
Course Content Introduction, general equilibrium theory, prices and goods, limited production technology, supply and demand functions, unlimited production functions, welfare economics, time and uncertanity, economy with supply and demand harmony are the topics that will be explained.
Prerequisites No the prerequisite of lesson.
Corequisite No the corequisite of lesson.
Mode of Delivery Face to Face

COURSE LEARNING OUTCOMES
1Understands the testability of general equilibrium
2Analyses the Walrasian general equilibrium
3Understands and interprets the pareto-optimum solution
4Analyses the computable general equilibrium
5Analyses the open economy general equilibrium

COURSE'S CONTRIBUTION TO PROGRAM
Data not found.

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
ActivitiesQuantityDuration (Hour)Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)14342
Hours for off-the-classroom study (Pre-study, practice)13339
Assignments11010
Mid-terms11313
Final examination12626
Total Work Load

ECTS Credit of the Course






130

5
COURSE DETAILS
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L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes