IKZ202 Microeconomics II

6 ECTS - 3-0 Duration (T+A)- 4. Semester- 3 National Credit

Information

Code IKZ202
Name Microeconomics II
Term 2022-2023 Academic Year
Semester 4. Semester
Duration (T+A) 3-0 (T-A) (17 Week)
ECTS 6 ECTS
National Credit 3 National Credit
Teaching Language Türkçe
Level Lisans Dersi
Type Normal
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Prof. Dr. NEŞE ALGAN
Course Instructor Dr. Öğr. Üyesi MUSTAFA ILDIRAR (A Group) (Ins. in Charge)
Prof. Dr. NEŞE ALGAN (B Group) (Ins. in Charge)


Course Goal / Objective

This is a two term course which teaches the micro foundations of the economy

Course Content

In this module; problems of economic systems, economic events, sides of economic events and their modes of behaviors, consumer theory and profit maximization, profit maximization theory of the firm, firms decision-making processes in different markets and the factor markets will be analyzed.

Course Precondition

There are no course prerequisites.

Resources

Microeconomics- Jeffrey M. Perloff

Notes

Principles of Microeconomics 4th Edition-N.Gregory Mankiw


Course Learning Outcomes

Order Course Learning Outcomes
LO01 Understanding the root causes and features of market imperfections Being able to identify the atributes of the imperfectly competitive markets and compare and contrast in this context
LO02 Understanding the conditions to be complied with within an economy for it to be considered as Pareto Optimal and its implications for a given society
LO03 To be able to understand the basic features of workings of factor markets
LO04 Understand production decision by firm, factors of production and cost of production, short and long term decisions and short and long term costs, and their impacts
LO05 Gain knowledge about functions of markets in economy, perfect and imperfect competition, and their importance on consumer wealth, along with policy options to


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 Bilgi - Kuramsal, Olgusal Explain the importance of demand and supply in economy science and the well-running conditions of the market economy 5
PLO02 Bilgi - Kuramsal, Olgusal Define the role of pricing within the event advantage of the market economy. 4
PLO03 Bilgi - Kuramsal, Olgusal Define the role of the state in economy, money and financial policies, the central bank and the structure of the market.
PLO04 Bilgi - Kuramsal, Olgusal Perceive the costs and benefits arising from the global economy
PLO05 Bilgi - Kuramsal, Olgusal Produce numerical and policy options when confronted with problems.
PLO06 Bilgi - Kuramsal, Olgusal Use quantitative and qualitative techniques of model building, decoding and interpretation. 2
PLO07 Beceriler - Bilişsel, Uygulamalı Use the theory of economics in the analysis of economic events. 4
PLO08 Beceriler - Bilişsel, Uygulamalı Use computer programs, do synthesis and present prepared data efficiently.
PLO09 Beceriler - Bilişsel, Uygulamalı Apply the methods of economic analysis. 3
PLO10 Bilgi - Kuramsal, Olgusal Analyze at conceptual level and acquires ability in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems 2
PLO11 Beceriler - Bilişsel, Uygulamalı Use of different sources about an unfamiliar field within academic principles, synthesize gained data and presents effectively.
PLO12 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Take responsibility individually and / or in a team, take leadership and work effectively.
PLO13 Yetkinlikler - Öğrenme Yetkinliği Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself..
PLO14 Yetkinlikler - İletişim ve Sosyal Yetkinlik Use Turkish and at least one foreign language in accordance with the requirements of academic and work life.
PLO15 Yetkinlikler - İletişim ve Sosyal Yetkinlik Understand and interpret related people´s feelings, thoughts, and behaviours correctly; expresse him-/herself accurately in written and oral language. 3
PLO16 Yetkinlikler - Alana Özgü Yetkinlik Question traditional approaches, practices and methods.
PLO17 Yetkinlikler - Alana Özgü Yetkinlik Recognize and apply social, scientific and professional ethical values.


Week Plan

Week Topic Preparation Methods
1 The concept of imperfect competition: market structures reading Öğretim Yöntemleri:
Anlatım
2 Monopoly pricing and output reading Öğretim Yöntemleri:
Anlatım
3 The creation of cartels and cost of policing in cartel organizations reading Öğretim Yöntemleri:
Anlatım
4 The creation, regualtion and destruction of monopolies reading Öğretim Yöntemleri:
Anlatım
5 The theory of monopolistic competition reading Öğretim Yöntemleri:
Anlatım
6 Oligipolistic market structure:introduction reading Öğretim Yöntemleri:
Anlatım
7 The models of oligopolistic markets reading Öğretim Yöntemleri:
Anlatım
8 Mid-Term Exam prepare to exam Ölçme Yöntemleri:
Yazılı Sınav
9 The theories of input demand reading Öğretim Yöntemleri:
Anlatım
10 Wage determination process in different market structures reading Öğretim Yöntemleri:
Anlatım
11 Wage, rents and income differences reading Öğretim Yöntemleri:
Anlatım
12 General Equilibrium Analysis: introduction reading Öğretim Yöntemleri:
Anlatım
13 General Equilibrium Analysis reading Öğretim Yöntemleri:
Anlatım
14 Welfare Economics: Theoretical Issues reading Öğretim Yöntemleri:
Anlatım
15 Measuring Welfare Costs reading Öğretim Yöntemleri:
Anlatım
16 Term Exams prepare to exam Ölçme Yöntemleri:
Yazılı Sınav
17 Term Exams prepare to exam Ölçme Yöntemleri:
Yazılı Sınav


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 15 15
Final Exam 1 30 30
Total Workload (Hour) 157
Total Workload / 25 (h) 6,28
ECTS 6 ECTS

Update Time: 17.11.2022 10:33