The objective of this course is to make sure students understand the general concepts of microeconomics.
During our lectures, we will explain some general microeconomic concepts such as; scarcity, opportunity cost, marginal behavior, demand-supply, markets. Questions like; How individuals and societies deal with scarcity? will be discussed.
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Course Learning Outcomes
1. Ekonomi kavramını açıkExplains the term "economics".
2. Teaches the properties of cosumers, firms, and markets.
3. Explains the propertiest of perfectly competitive and imperfectly competitive markets.
4. Discussess the social welfare issues.
Course Flow
COURSE CONTENT | |||
Week | Topics | Study Materials | |
1 | Individual and Market Demand | ||
2 | Supply and Elastici | ||
3 | Shifts in Demand and Supply | ||
4 | Who Pays Tax | ||
5 | Consumer's Utility Maximization | ||
6 | Optimal Choice | ||
7 | Mid-Term | ||
8 | Production Functions | ||
9 | Cost Analysis | ||
10 | Perfectly Competitive Market | ||
11 | Monopoly | ||
12 | Oligopoly | ||
13 | Monopolistic Competition | ||
14 | Economic Efficiency |
Recommended Sources
RECOMMENDED SOURCES | |||
Textbook | Pindyck and Rubinfeld, Microeconomics, Prentice Hall International Varian, H.R., Intermediate Microeconomics, W. W. Norton and Co. |
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Additional Resources | Will be distributed via e-mail |
Material Sharing
MATERIAL SHARING | |||
Documents | Discussion of current economical issues published in the media | ||
Assignments | Exercises from textbooks | ||
Exams |
Assessment
ASSESSMENT |
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IN-TERM STUDIES |
NUMBER |
PERCENTAGE |
|
Mid-terms |
1 |
100 |
|
Quizzes (attendance, presentation, etc.) |
0 |
|
|
Assignments |
0 |
|
|
|
Total |
100 |
|
Contribution of the Final Examination to the Overall Grade |
1 |
60 |
|
Contribution of the in-Term Studies to the Overall Grade |
1 |
40 |
|
|
Total |
100 |
Course’s Contribution to Program
DERSİN PROGRAM ÇIKTILARINA KATKISI | ||||||
No | Program Öğrenme Çıktıları | Katkı Düzeyi | ||||
1 | 2 | 3 | 4 | 5 | ||
1 | Küresel ve ulusal iktisadî sorunları eleştirel ve kapsamlı bir biçimde anlayıp değerlendirerek, bu sorunlar hakkında pratik çözüm önerileri geliştirirler; | X | ||||
2 | Toplum bilimlerde farklı disiplinlerden aldıkları bilgi ve kavramları iktisat çatısı altında birleştirirler; | X | ||||
3 | Çeşitli toplumsal sorunlara pratik, özgün çözümler üretebilmek amacıyla, ampirik olarak sınanabilecek hipotezler geliştirebilirler; | X | ||||
4 | İktisadî sorunları analitik bir biçimde değerlendirip, farklı yaklaşımların mantık örgülerini, varsayım ve sonuçlarını çözümleyebilirler; | X | ||||
5 | Farklı yaklaşımları değerlendirebilmek için gereken teknik becerileri geliştirirler; | X | ||||
6 | Genel olarak toplum bilimlerde, özel olarak da iktisatta, araştırma projeleri oluştururlar, bu projelere ilişkin araştırma yöntemleri geliştirip, uygulayabilirler; | X | ||||
7 | Araştırmalarının sonuçlarını ulusal ve uluslarası konferanslarda, bilimsel ve meslekî ortamlarda sunabilirler; | X | ||||
8 | Bilimsel ve akademik düşünce biçimlerini, profesyonel yaşamlarına aktarıp, akademik dünyanın analitik ve soyut düşünce biçimleri ile iş dünyasının pratik ve dinamik becerileri arasında bir köprü oluşturabilirler; | X | ||||
9 | Türkiye’de ya da dünyanın herhangi bir yerinde eğitimlerine doktora düzeyinde devam edebilecek analitik ve teknik becerileri geliştirirler. | X |
COURSE'S CONTRIBUTION TO PROGRAM | ||||||
No | Program Learning Outcomes | Contribution | ||||
1 | 2 | 3 | 4 | 5 | ||
1 | Formulate and develop a critical and comprehensive understanding of global and national economic problems, and construct and design practical solutions; | X | ||||
2 | Extract information and concepts from various disciplines in social sciences and integrate them under the rubric of economics; | X | ||||
3 | Construct testable hypotheses to find original, practical solutions to various social ills and problems; | X | ||||
4 | Develop an analytical understanding of economic problems, and the ability to evaluate the inherent logic, assumptions and conclusions of alternative approaches; | X | ||||
5 | Develop the necessary technical skills to evaluate alternative approaches in economics; | X | ||||
6 | Formulate research projects, plan and conduct research in social sciences in general and in economics in particular; | X | ||||
7 | Present the results of their research in national and international conferences and in scientific and professional venues; | X | ||||
8 | Apply the scientific / academic modes of thought and analysis to their professional lives and form a bridge between the analytical and abstract modes of thinking of academia and the practical and dynamic skills of business life. | X | ||||
9 | Nurture and develop the analytical and technical skills necessary to continue their studies at a Ph.D. level, either in Turkey or elsewhere around the globe. | X |
ECTS
ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COUSE DESCRIPTION | |||
Activities | Quantity | Duration (Hour) | Total Workload (Hour) |
Course Duration (Including the Exam Week: 15 x total course hours) | 16 | 3 | 48 |
Hours for off-the-classroom study (Pre-study, practice) | 16 | 10 | 160 |
Mid-terms | 1 | 10 | 10 |
Quizzes (attendance, presentation, etc.) | 0 | ||
Assignments | 1 | 20 | 20 |
Final Examination | 1 | 10 | 10 |
Total Work Load | 248 | ||
Total Work Load / 25 (s) | 9.92 | ||
ECTS Credit of the Course | 10 |