ECOS307 Microeconomics

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

Information

Code ECOS307
Name Microeconomics
Term 2022-2023 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
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Prof.Dr. HÜSEYİN MAHİR FİSUNOĞLU
Course Instructor
1 2
Öğr. Gör.Dr. MURAT PÜTÜN (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

There are no prerequisites.

Resources

Microeconomics, 14th edition, Published by Pearson (2022) Michael Parkin

Notes

Microeconomics, 9th edition, Published by Pearson (2022) - Jeffrey M. Perloff


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.


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 Bilgi - Kuramsal, Olgusal Has the conceptual and theoretical competence to explain the phenomena in the disciplines of Political Science and International Relations.
PLO02 Bilgi - Kuramsal, Olgusal Identifies the international and national issues by methodologies used in the disciplines of Political Science and International Relations; chooses the appropriate analysis techniques across the issues and applies the appropriate empirical studies.
PLO03 Bilgi - Kuramsal, Olgusal Becomes skilful at following and interpreting different social areas in international and national levels and also applies the problem-solving oriented practices. 5
PLO04 Bilgi - Kuramsal, Olgusal Collects, reviews and analyzes the data obtained which necessary for modelling applications in the Social Science.
PLO05 Bilgi - Kuramsal, Olgusal Individually and/or in a team, takes responsibility, leadership, and works effectively. 4
PLO06 Beceriler - Bilişsel, Uygulamalı In recognition of the need for lifelong learning, follows the latest developments in the field and improves himself/herself. 4
PLO07 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Uses Turkish, and at least one more foreign language, in accordance with the requirements of academic and work life.
PLO08 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Understands and interprets the feelings, thoughts and behaviors of related persons correctly; and expresses himself/herself in written and oral forms accurately. 5
PLO09 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Improves his/herself constantly by defining educational requirements considering interests and talents in scientific, cultural, art and social fields besides career development.
PLO10 Yetkinlikler - Öğrenme Yetkinliği Questions traditional approaches, practices and methods; and develops and applies new study methods if necessary. 4
PLO11 Yetkinlikler - Öğrenme Yetkinliği Recognizes and implements social, scientific and professional ethical values.
PLO12 Yetkinlikler - Öğrenme Yetkinliği Develops skills of defining and analyzing the international, regional and national oriented issues, producing appropriate conflict-resolution techniques and negotiation skills. 5
PLO13 Yetkinlikler - Öğrenme Yetkinliği Develops critical thinking skills.


Week Plan

Week Topic Preparation Methods
1 General view of microeconomics. Review Introduction to Economics I. Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma
2 Theory and application for demand and supply. Students should study the subjects before the lecture. Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma, Alıştırma ve Uygulama
3 Continue to week 2 programme. Students should study before the lecture. Öğretim Yöntemleri:
Tartışma, Anlatım
4 Consumer theory Students should study before the lecture. Öğretim Yöntemleri:
Tartışma, Anlatım
5 Consumer theory (continue) Students should study before the lecture. Öğretim Yöntemleri:
Anlatım
6 Producer theory Students should study before the lecture. Öğretim Yöntemleri:
Anlatım
7 Producer theory (devam) Students should study before the lecture. Öğretim Yöntemleri:
Anlatım
8 Mid-Term Exam Questions and answers Ölçme Yöntemleri:
Yazılı Sınav
9 Cost of production Students should study before the lecture. Öğretim Yöntemleri:
Anlatım
10 Cost of production (continue) Students should study before the lecture. Öğretim Yöntemleri:
Anlatım
11 Markets for goods, services, and factors of production. Students should study before the lecture. Öğretim Yöntemleri:
Anlatım
12 Market type: Perfect competition. Students should study before the lecture. Öğretim Yöntemleri:
Anlatım
13 Market type: Imperfect competition. Students should study before the lecture. Öğretim Yöntemleri:
Anlatım
14 Market type: Imperfect competition (continue) Students should study before the lecture. Öğretim Yöntemleri:
Anlatım
15 Microeconomics policies. Students should study before the lecture. Öğretim Yöntemleri:
Anlatım
16 Term Exams Questions and answers Ölçme Yöntemleri:
Yazılı Sınav
17 Term Exams Questions and answers 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 10 10
Final Exam 1 10 10
Total Workload (Hour) 132
Total Workload / 25 (h) 5,28
ECTS 5 ECTS

Update Time: 25.11.2022 10:24