COURSE INFORMATON
Course Title Code Semester L+P Hour Credits ECTS
Microeconomics II * ECOZ   202 4 3 3 6

Prerequisites and co-requisites
Recommended Optional Programme Components None

Language of Instruction English
Course Level First Cycle Programmes (Bachelor's Degree)
Course Type
Course Coordinator Prof.Dr. Neşe ALGAN
Instructors
Prof.Dr.HÜSEYİN MAHİR FİSUNOĞLU1. Öğretim Grup:A
 
Assistants
Goals
This part of the course is designed further to introduce and master the microeconomics issues in addition to the lecture topics covered in the previous term. Hence this term involve of market structures-monopoly, monopolistic competition, oligopoly.
Content
Imperfectly competitive markets, pricing, production decisions and economic policy tools welfare loss factor markets (labor and capital) and imperfect competition. Perfectly competitive markets, government, knowledge and understanding of the importance of public goods and the policy recommendations of general equilibrium and welfare economics concepts.

Learning Outcomes
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Course's Contribution To Program
NoProgram Learning OutcomesContribution
12345
1
Explains Econometric concepts
X
2
Acquires basic Mathematics, Statistics and Operation Research concepts
X
3
Equipped with the foundations of Economics, and develops Economic models
X
4
Describes the necessary concepts of Business
X
5
Models problems with Mathematics, Statistics, and Econometrics
X
6
Estimates the model consistently and analyzes & interprets its results
X
7
Acquires the ability to analyze, benchmark, evaluate and interpret at conceptual levels to develop solutions to problems
X
8
Collects, edits, and analyzes data
X
9
Uses a package program of Econometrics, Statistics, and Operation Research
X
10
Effectively works, take responsibility, and the leadership individually or as a member of a team
X
11
Awareness towards life-long learning and follow-up of the new information and knowledge in the field of study
X
12
Develops the ability of using different resources in the form of academic rules, synthesis the information gathered, and effective presentation in an area which has not been studied
X
13
Uses Turkish and at least one other foreign language, academically and in the business context
X
14
Good understanding, interpretation, efficient written and oral expression of the people involved
X
15
Improves his/herself constantly by defining educational requirements considering interests and talents in scientific, cultural, art and social fields besides career development
X
16
Questions traditional approaches and their implementation while developing alternative study programs when required
X
17
Recognizes and implements social, scientific, and professional ethic values
X
18
Follows actuality, and interprets the data about economic and social events
X

Course Content
WeekTopicsStudy Materials _ocw_rs_drs_yontem
1 The concept of imperfect competition: market structures reading
2 Monopoly pricing and output reading
3 The creation of cartels and cost of policing in cartel organizations reading
4 The creation, regualtion and destruction of monopolies reading
5 The theory of monopolistic competition reading
6 Oligipolistic market structure:introduction reading
7 The models of oligopolistic markets reading
8 Midterm exam prepare to exam
9 The theories of input demand reading
10 Wage determination process in different market structures reading
11 Wage, rents and income differences reading
12 General Equilibrium Analysis: introduction reading
13 General Equilibrium Analysis reading
14 Welfare Economics: Theoretical Issues reading
15 Measuring Welfare Costs reading
16-17 final exam prepare to exam

Recommended or Required Reading
Textbook
Additional Resources