COURSE INFORMATON
Course Title Code Semester L+P Hour Credits ECTS
Microeconomics ENM   247 3 2 2 3

Prerequisites and co-requisites
Recommended Optional Programme Components None

Language of Instruction Turkish
Course Level First Cycle Programmes (Bachelor's Degree)
Course Type
Course Coordinator Assist.Prof.Dr. Seyfettin Noyan OĞULATA
Instructors
Yrd.Doç.Dr.SEYFETTİN NOYAN OĞULATA1. Öğretim Grup:A
 
Assistants
Goals
ourse goals are as follows: To teach micro economic concepts To teach the importance of team work To teach how to make rational decisions from the micro economical view
Content
Economic concepts, scarcity and choice, consumer demand, company supply and market equilibrium, elasticity, household behavior, consumer equilibrium, production and costs, producer equilibrium, commodity markets, input markets, general equilibrium, income distribution.

Learning Outcomes
1) Can collect and analyze data required for industrial engineering problems ,develops and evaluates alternative solutions.
2) Has sufficient background on topics related to mathematics, physical sciences and industrial engineering
3) Gains ability to use the acquired theoretical knowledge on basic sciences and industrial engineering for describing, formulating and solving an industrial engineering problem, and to choose appropriate analytical and modeling methods.
4) Gains ability to analyze a service and/or manufacturing system or a process and describes, formulates and solves its problems .
5) Gains ability to choose and apply methods and tools for industrial engineering applications.
6) Can access information and to search/use databases and other sources for information gathering.
7) Works efficiently and takes responsibility both individually and as a member of a multi-disciplinary team.
8) Appreciates life time learning; follows scientific and technological developments and renews himself/herself continuously.
9) Can use computer software in industrial engineering along with information and communication technologies.
10) Can use oral and written communication efficiently.
11) Has a conscious understanding of professional and ethical responsibilities.
12) Uses English skills to follow developments in industrial engineering and to communicate with people in his/her profession.
13) Has a necessary consciousness on issues related to job safety and health, legal aspects of environment and engineering practice.
14) Becomes competent on matters related to project management, entrepreneurship, innovation and has knowledge about current matters in industrial engineering.
15)


Course's Contribution To Program
NoProgram Learning OutcomesContribution
12345
1
Has sufficient background on topics related to mathematics, physical sciences and industrial engineering.
X
2
Gains ability to use the acquired theoretical knowledge on basic sciences and industrial engineering for describing, formulating and solving an industrial engineering problem, and to choose appropriate analytical and modeling methods.
X
3
Gains ability to analyze a service and/or manufacturing system or a process and describes, formulates and solves its problems .
X
4
Gains ability to choose and apply methods and tools for industrial engineering applications.
X
5
Can collect and analyze data required for industrial engineering problems ,develops and evaluates alternative solutions.
X
6
Works efficiently and takes responsibility both individually and as a member of a multi-disciplinary team.
X
7
Can access information and to search/use databases and other sources for information gathering.
X
8
Appreciates life time learning; follows scientific and technological developments and renews himself/herself continuously.
X
9
Can use computer software in industrial engineering along with information and communication technologies.
X
10
Can use oral and written communication efficiently.
X
11
Uses English skills to follow developments in industrial engineering and to communicate with people in his/her profession.
X
12
Has a conscious understanding of professional and ethical responsibilities.
X
13
Has a necessary consciousness on issues related to job safety and health, legal aspects of environment and engineering practice.
X
14
Becomes competent on matters related to project management, entrepreneurship, innovation and has knowledge about current matters in industrial engineering.
X

Course Content
WeekTopicsStudy Materials _ocw_rs_drs_yontem
1 Micro and Macro economy Lecture notes and slides Lecture
Performance Task
Performans Uygulaması
2 Opportunity cost, production possibilities curve and economic profit concepts Lecture notes and slides Lecture
Performance Task
Performans Uygulaması
3 Economic goals, Demand and Supply Lecture notes and slides Lecture
Case Study
4 Introduction to elasticity concepts Lecture notes and slides Lecture
Homework
5 Elasticity of demand and supply Lecture notes and slides Lecture
Performance Task
Performans Uygulaması
6 Introduction to industrial structures Lecture notes and slides Lecture
Performance Task
Performans Uygulaması
7 Utility cpncepts. Total maximizing rule Lecture notes and slides Lecture
Homework
8 Mid-Term Exam Lecture
Testing
Performance Task
Performans Uygulaması
9 Monopolistic competition Lecture notes and slides Lecture
Performance Task
Performans Uygulaması
10 Monopolistic competition Lecture notes and slides Lecture
Performance Task
Performans Uygulaması
11 Monopoly Lecture notes and slides Lecture
Performance Task
Performans Uygulaması
12 Demand and benefit Lecture notes and slides Lecture
Homework
13 Introduction to the concept of flexibility Lecture notes and slides Lecture
Homework
14 Elasticity of demand, elasticity of supply Lecture notes and slides Lecture
Homework
15 Elasticity of demand, elasticity of supply Lecture notes and slides
16-17 Term Exams

Recommended or Required Reading
Textbook
Additional Resources