IKZ205 Microeconomics

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

Information

Code IKZ205
Name Microeconomics
Semester 3. Semester
Duration (T+A) 3-0 (T-A) (17 Week)
ECTS 5 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. FİKRET DÜLGER


Course Goal

In this course, it is aimed to examine the rational behavior processes of the consumer, the effective input use decision and behavior of the producers.

Course Content

An Overview of Microeconomics- Utility Approach and Consumer Equilibrium - Indifference Curve and Consumer Equilibrium -Market Demand Analysis-Determinants of Market Demand-Production Function and Productivity Analysis-Cost Minimization-Cost Theory-Supply Analysis-Perfectly Competitive Market Equilibrium- Profit Maximization in Perfect Competition Markets-Imperfect Competetion Markets-General Equilibrium and Welfare Economics

Course Precondition

Yok

Resources

Zeynel Dinler, Mikro İktisat.

Notes

Erdal Ünsal, Mikro İktisat


Course Learning Outcomes

Order Course Learning Outcomes
LO01 Be familiar with the theoretical foundations of microeconomics theory
LO02 Analyze the consumer and producer behavior
LO03 Explain the economic facts
LO04 Evaluate the individual behaviors within the framework of production and consumption theory
LO05 Analyze the equilibrium conditions of the firm in perfectly competitive markets
LO06 Compare different aspects of firms in imprefect competition conditions
LO07 Distinguish the characteristics of different market types
LO08 Explain the basic concepts of welfare economics


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 Bilgi - Kuramsal, Olgusal Explaining business concepts and their interrelationships 5
PLO02 Bilgi - Kuramsal, Olgusal Explaining the basic theoretical models, numerical and statistical methods of business management
PLO03 Bilgi - Kuramsal, Olgusal Explaining the relationship between basic economics concepts and business management concepts 5
PLO04 Bilgi - Kuramsal, Olgusal İşletme yönetiminde kullanılan kuramsal, sayısal ve istatistik yöntemlerin nasıl uygulanacağını açıklama 4
PLO05 Bilgi - Kuramsal, Olgusal Explaining how to interpret the results obtained as a result of the creation/application of theoretical, numerical and statistical methods used in business management 4
PLO06 Bilgi - Kuramsal, Olgusal Determine appropriate methods to solve business problems
PLO07 Bilgi - Kuramsal, Olgusal Evaluate the results that are obtained from applications of business management methods 4
PLO08 Beceriler - Bilişsel, Uygulamalı Use the basic numerical and statistical softwares
PLO09 Beceriler - Bilişsel, Uygulamalı Use the basic enterprise resource planning (ERP) softwares
PLO10 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Working effectively individually and/or in a team
PLO11 Yetkinlikler - Öğrenme Yetkinliği As well as professional development, improve him-/herself continuously in scientific, social, cultural and artistic fields according to his/her interests and abilities, identifying needs of learning.
PLO12 Yetkinlikler - Öğrenme Yetkinliği Being aware of the necessity of lifelong learning, constantly renewing itself by following the current developments in the field. 4
PLO13 Yetkinlikler - İletişim ve Sosyal Yetkinlik Presenting information effectively by using different sources within the framework of academic rules.
PLO14 Yetkinlikler - İletişim ve Sosyal Yetkinlik Use Turkish and at least one foreign language in accordance with the requirements in academic and business context
PLO15 Yetkinlikler - İletişim ve Sosyal Yetkinlik Accurately express the obtained information and comments verbally and in writing 4
PLO16 Yetkinlikler - Alana Özgü Yetkinlik Applying new working methods when deemed necessary by questioning traditional approaches, practices and methods 4
PLO17 Yetkinlikler - Alana Özgü Yetkinlik Acting in accordance with social, scientific and professional ethical values ​​from an entrepreneurial perspective
PLO18 Yetkinlikler - Alana Özgü Yetkinlik Determining the most appropriate approaches, implementations and methods of business management considering sectors, their sizes, resources, cultures, goals and objectives of the enterprises
PLO19 Yetkinlikler - Alana Özgü Yetkinlik Interpreting the effects of external environmental factors such as sector structure, competition, technology, economy, politics, culture, which affect the 5


Week Plan

Week Topic Preparation Methods
1 Microeconomics Concepts Relevant chapter Öğretim Yöntemleri:
Anlatım
2 Utility Approach and Consumer Equilibrium Relevant chapter Öğretim Yöntemleri:
Anlatım
3 Indifference Curve and Consumer Equilibrium Relevant chapter Öğretim Yöntemleri:
Anlatım
4 Consumer Equilibrium Relevant chapter Öğretim Yöntemleri:
Anlatım
5 Market Demand Analysis Relevant chapter Öğretim Yöntemleri:
Anlatım
6 Determinants of Market Demand Relevant chapter Öğretim Yöntemleri:
Anlatım
7 Production Function and Productivity Analysis Relevant chapter Öğretim Yöntemleri:
Anlatım
8 Mid-Term Exam Ölçme Yöntemleri:
Yazılı Sınav
9 Cost Minimization Relevant chapter Öğretim Yöntemleri:
Anlatım
10 Cost Theory Relevant chapter Öğretim Yöntemleri:
Anlatım
11 Supply Analysis Relevant chapter Öğretim Yöntemleri:
Anlatım
12 Perfectly Competitive Market Equilibrium Relevant chapter Öğretim Yöntemleri:
Anlatım
13 Profit Maximization in Perfect Competition Markets. Relevant chapter Öğretim Yöntemleri:
Anlatım
14 Imperfect Competetion Markets Relevant chapter Öğretim Yöntemleri:
Anlatım
15 General Equilibrium and Welfare Economics Relevant chapter Öğretim Yöntemleri:
Anlatım
16 General Evaluation Relevant chapter Öğretim Yöntemleri:
Anlatım
17 Term Exams Exams 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 3 42
Assesment Related Works
Homeworks, Projects, Others 0 0 0
Mid-term Exams (Written, Oral, etc.) 1 12 12
Final Exam 1 18 18
Total Workload (Hour) 114
Total Workload / 25 (h) 4,56
ECTS 5 ECTS