Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| POLITICAL SCIENCE AND INTERNATIONAL RELATIONS PR. (ENGLISH) | |
| Code | ECOS307 |
| Name | Microeconomics |
| Term | 2021-2022 Academic Year |
| Semester | 5. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Label | E Elective |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof.Dr. HÜSEYİN MAHİR FİSUNOĞLU |
| Course Instructor |
Öğr. Gör.Dr. MURAT PÜTÜN
(Güz)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
A deep understanding of price system and its relations with demand and supply analyses, understanding the decision making process of consumption and production and cost of production, the market system and the market structure, perfect and imperfect competition, the gains and losses of the market system to consumers and producers, policy development.
Course Content
Price system, demand and supply relations, consumer theory, producer theory and the cost of production, market structure and policies.
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Student understands the premium role played by the price system in economics. |
| LO02 | Student sets the relationship between the price system and international relations. |
| LO03 | Student uunderstands the role of demand and supply in economics. |
| LO04 | Student understands consumer theory and decision making process in consumption. |
| LO05 | Student learns production theory, decision making process in production and the cost of production. |
| LO06 | Students learns goods and services markets, factors of production and perfect and imperfect competition. |
| LO07 | Generally speaking, student tries to integrate the basic definations and subjects of microeconomics with international relations, and gains the ability of developing policy recommendations.. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the basic concepts and theories within the disciplines of Political Science and International Relations. | |
| PLO02 | Bilgi - Kuramsal, Olgusal | Understands the methodologies used in the disciplines of Political Science and International Relations. | |
| PLO03 | Beceriler - Bilişsel, Uygulamalı | Gains the ability to follow, interpret and apply problem-solving techniques focused on problem solving in different social fields of international and national dimension. | 5 |
| PLO04 | Beceriler - Bilişsel, Uygulamalı | Questions traditional approaches, practices and methods, develop and apply new working methods when necessary. | |
| PLO05 | Beceriler - Bilişsel, Uygulamalı | Recognize/apply social, scientific and professional ethical values. | 4 |
| PLO06 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Takes responsibility, leads and works effectively individually and/or in a team. | 4 |
| PLO07 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, follows the current developments in the field and improves himself/herself. | |
| PLO08 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | To be able to use Turkish and at least one foreign language in accordance with the requirements of academic life and business life. | 5 |
| PLO09 | Yetkinlikler - Alana Özgü Yetkinlik | Analyzes data related to social sciences. | |
| PLO10 | Yetkinlikler - Alana Özgü Yetkinlik | Define and analyze political, economic and social problems of international, regional and national context. | 4 |
| PLO11 | Yetkinlikler - Alana Özgü Yetkinlik | Gains critical thinking skills in the field of social sciences. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | General view of microeconomics. | Review Introduction to Economics I. | |
| 2 | Theory and application for demand and supply. | Students should study the subjects before the lecture. | |
| 3 | Continue to week 2 programme. | Students should study before the lecture. | |
| 4 | Consumer theory | Students should study before the lecture. | |
| 5 | Consumer theory (continue) | Students should study before the lecture. | |
| 6 | Producer theory | Students should study before the lecture. | |
| 7 | Producer theory | Students should study before the lecture. | |
| 8 | Mid-Term Exam | Questions and answers | |
| 9 | Cost of production | Students should study before the lecture. | |
| 10 | Cost of production (continue) | Students should study before the lecture. | |
| 11 | Markets for goods, services, and factors of production. | Students should study before the lecture. | |
| 12 | Market type: Perfect competition. | Students should study before the lecture. | |
| 13 | Market type: Imperfect competition. | Students should study before the lecture. | |
| 14 | Market type: Imperfect competition (continue) | Students should study before the lecture. | |
| 15 | Microeconomics policies. | Students should study before the lecture. | |
| 16 | Term Exams | Questions and answers | |
| 17 | Term Exams | Questions and answers |
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 |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 5 | 70 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 10 | 10 |
| Final Exam | 1 | 10 | 10 |
| Total Workload (Hour) | 132 | ||
| Total Workload / 25 (h) | 5,28 | ||
| ECTS | 5 ECTS | ||