İKT827 Industrial Economics

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

Information

Code İKT827
Name Industrial Economics
Term 2022-2023 Academic Year
Semester . Semester
Duration (T+A) 4-0 (T-A) (17 Week)
ECTS 9 ECTS
National Credit 4 National Credit
Teaching Language Türkçe
Level Doktora Dersi
Type Normal
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator


Course Goal / Objective

Industrial economics first emerged as a sub-branch of microeconomics that examines the conditions of competition, and then shaped as a field that examines the strategic interactions of firms by incorporating the developments in non-competitive game theory into the theoretical infrastructure of competition structures. This course will focus on strategic competition and its impact on market structures and the design of competition policies that maximize social welfare.

Course Content

This course covers 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.

Course Precondition

NO

Resources

Modern Industrial Organization by Jeffrey M. Perloff and Dennis W. Carlton

Notes

Articles from Various Sources


Course Learning Outcomes

Order Course Learning Outcomes
LO01 Learns different theories of the firm and market structures.
LO02 Learn how firm behavior is affected.
LO03 Students will be informed about the latest developments in the field thanks to the information given on the old and new industrial economics.
LO04 Gains knowledge of various pricing strategies applied by firms.
LO05 Have detailed knowledge about the organization of markets and the situation of firms in strategic decision making.
LO06 Analyze firm structure and firm behavior and the strategic interactions of firms with other firms in the market.
LO07 Can define the market power.
LO08 Evaluate the economic consequences of market power for the firm and society.


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 Bilgi - Kuramsal, Olgusal Explains the importance of demand and supply and the conditions of the market economy to work better 5
PLO02 Bilgi - Kuramsal, Olgusal Conducts new research that contributes to science.
PLO03 Bilgi - Kuramsal, Olgusal Specifies the role of the market economy, the price advantage of the event. 4
PLO04 Bilgi - Kuramsal, Olgusal Specifies the role of the price advantage in market economy
PLO05 Bilgi - Kuramsal, Olgusal Faces with challenges, produces a numerical and policy options. 4
PLO06 Bilgi - Kuramsal, Olgusal Applies the methods of economic analysis.
PLO07 Bilgi - Kuramsal, Olgusal Acquires the ability of analyzing in the conceptual level ,compares interprets, evaluates and synthesizes ideas in order to develop solutions to the problems.
PLO08 Bilgi - Kuramsal, Olgusal Has the knowledge of quantitative and qualitative techniques used in Economics. 4
PLO09 Yetkinlikler - Alana Özgü Yetkinlik Builds, decodes and interprets models by using quantitative and qualitative techniques
PLO10 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Takes responsibility individually and / or in a team,leads a team and works effectively 4
PLO11 Yetkinlikler - Öğrenme Yetkinliği With the awareness of the necessity of life-long learning, follows the latest developments about his field and improves himself
PLO12 Bilgi - Kuramsal, Olgusal Speaks Turkish, and at least one other foreign language in accordance with the requirements of academic and business life.
PLO13 Yetkinlikler - Öğrenme Yetkinliği Recognize and apply social, scientific and professional ethical values. 4
PLO14 Yetkinlikler - İletişim ve Sosyal Yetkinlik Expresses himself/herself accurately, both orally and in writing.
PLO15 Beceriler - Bilişsel, Uygulamalı Publishes original studies in the field of economics in scientific journals. 4
PLO16 Beceriler - Bilişsel, Uygulamalı Knows where and how to find all scientific resources and data with information technologies to do research.
PLO17 Yetkinlikler - Alana Özgü Yetkinlik Understands the necessity and importance of research in social sciences.


Week Plan

Week Topic Preparation Methods
1 Introduction Reading Öğretim Yöntemleri:
Anlatım
2 Micro fundamentals Reading Öğretim Yöntemleri:
Anlatım
3 Micro Fundamentals Question Solution Problem Solving Öğretim Yöntemleri:
Soru-Cevap
4 Firm Solution Reading Öğretim Yöntemleri:
Anlatım
5 Profit maximization motive and determinants of firm size Reading Öğretim Yöntemleri:
Anlatım
6 Balance in static games Reading Öğretim Yöntemleri:
Anlatım
7 Dynamic interaction theory Reading Öğretim Yöntemleri:
Anlatım
8 Mid-Term Exam Prepare to Exam Ölçme Yöntemleri:
Yazılı Sınav
9 Monopoly and Regulation Reading Öğretim Yöntemleri:
Anlatım
10 Oligopoly I: Price Competition-1 Reading Öğretim Yöntemleri:
Anlatım
11 Oligopoly II: Product Competition-2 Reading Öğretim Yöntemleri:
Anlatım
12 Oligopoly III: Dynamics of Reciprocity-3 Reading Öğretim Yöntemleri:
Anlatım
13 Analysis of competition policy Reading Öğretim Yöntemleri:
Anlatım
14 Analysis of competition policy Activity-1 Problem Solving Öğretim Yöntemleri:
Soru-Cevap
15 Analysis of competition policy Activity-2 Problem Solving Öğretim Yöntemleri:
Soru-Cevap
16 Analysis of competition policy Activity-3 Problem Solving Öğretim Yöntemleri:
Alıştırma ve Uygulama
17 Term Exam Exam Ölçme Yöntemleri:
Yazılı Sınav


Student Workload - ECTS

Works Number Time (Hour) Workload (Hour)
Course Related Works
Class Time (Exam weeks are excluded) 14 4 56
Out of Class Study (Preliminary Work, Practice) 14 6 84
Assesment Related Works
Homeworks, Projects, Others 2 5 10
Mid-term Exams (Written, Oral, etc.) 1 24 24
Final Exam 1 40 40
Total Workload (Hour) 214
Total Workload / 25 (h) 8,56
ECTS 9 ECTS

Update Time: 17.11.2022 11:16