TÜRKÇE
ENGLISH
Information
| Unit | FACULTY OF ENGINEERING |
| INDUSTRIAL ENGINEERING PR. | |
| Code | ENM247 |
| Name | Microeconomics |
| Term | 2017-2018 Academic Year |
| Semester | 3. Semester |
| Duration (T+A) | 2-0 (T-A) (17 Week) |
| ECTS | 3 ECTS |
| National Credit | 2 National Credit |
| Teaching Language | Türkçe |
| Level | Üniversite Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Yrd.Doç.Dr. SEYFETTİN NOYAN OĞULATA |
| Course Instructor |
Yrd.Doç.Dr. SEYFETTİN NOYAN OĞULATA
(Güz)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
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
Course 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.
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Can collect and analyze data required for industrial engineering problems ,develops and evaluates alternative solutions. |
| LO02 | Has sufficient background on topics related to mathematics, physical sciences and industrial engineering |
| LO03 | 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. |
| LO04 | Gains ability to analyze a service and/or manufacturing system or a process and describes, formulates and solves its problems . |
| LO05 | Gains ability to choose and apply methods and tools for industrial engineering applications. |
| LO06 | Can access information and to search/use databases and other sources for information gathering. |
| LO07 | Works efficiently and takes responsibility both individually and as a member of a multi-disciplinary team. |
| LO08 | Appreciates life time learning; follows scientific and technological developments and renews himself/herself continuously. |
| LO09 | Can use computer software in industrial engineering along with information and communication technologies. |
| LO10 | Can use oral and written communication efficiently. |
| LO11 | Has a conscious understanding of professional and ethical responsibilities. |
| LO12 | Uses English skills to follow developments in industrial engineering and to communicate with people in his/her profession. |
| LO13 | Has a necessary consciousness on issues related to job safety and health, legal aspects of environment and engineering practice. |
| LO14 | Becomes competent on matters related to project management, entrepreneurship, innovation and has knowledge about current matters in industrial engineering. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | - | Has sufficient background on topics related to mathematics, physical sciences and industrial engineering. | |
| PLO02 | - | 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. | |
| PLO03 | - | Gains ability to analyze a service and/or manufacturing system or a process and describes, formulates and solves its problems . | |
| PLO04 | - | Gains ability to choose and apply methods and tools for industrial engineering applications. | |
| PLO05 | - | Can collect and analyze data required for industrial engineering problems ,develops and evaluates alternative solutions. | |
| PLO06 | - | Works efficiently and takes responsibility both individually and as a member of a multi-disciplinary team. | |
| PLO07 | - | Can access information and to search/use databases and other sources for information gathering. | |
| PLO08 | - | Appreciates life time learning; follows scientific and technological developments and renews himself/herself continuously. | |
| PLO09 | - | Can use computer software in industrial engineering along with information and communication technologies. | |
| PLO10 | - | Can use oral and written communication efficiently. | |
| PLO11 | - | Uses English skills to follow developments in industrial engineering and to communicate with people in his/her profession. | |
| PLO12 | - | Has a conscious understanding of professional and ethical responsibilities. | |
| PLO13 | - | Has a necessary consciousness on issues related to job safety and health, legal aspects of environment and engineering practice. | |
| PLO14 | - | Becomes competent on matters related to project management, entrepreneurship, innovation and has knowledge about current matters in industrial engineering. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Micro and Macro economy | Lecture notes and slides | |
| 2 | Opportunity cost, production possibilities curve and economic profit concepts | Lecture notes and slides | |
| 3 | Economic goals, Demand and Supply | Lecture notes and slides | |
| 4 | Introduction to elasticity concepts | Lecture notes and slides | |
| 5 | Elasticity of demand and supply | Lecture notes and slides | |
| 6 | Introduction to industrial structures | Lecture notes and slides | |
| 7 | Utility cpncepts. Total maximizing rule | Lecture notes and slides | |
| 8 | Mid-Term Exam | ||
| 9 | Monopolistic competition | Lecture notes and slides | |
| 10 | Monopolistic competition | Lecture notes and slides | |
| 11 | Monopoly | Lecture notes and slides | |
| 12 | Demand and benefit | Lecture notes and slides | |
| 13 | Introduction to the concept of flexibility | Lecture notes and slides | |
| 14 | Elasticity of demand, elasticity of supply | Lecture notes and slides | |
| 15 | Elasticity of demand, elasticity of supply | Lecture notes and slides | |
| 16 | Term Exams | ||
| 17 | Term Exams |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |