Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| FINANCE PR. | |
| Code | IKZ210 |
| Name | Microeconomics II |
| Term | 2023-2024 Academic Year |
| Semester | 4. 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 |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. NEŞE ALGAN |
| Course Instructor |
Dr. Öğr. Üyesi TOLGA KABAŞ
(Bahar)
(A 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 prerequisites.
Resources
Zeynel Dinler, Mikro İktisat
Notes
Erdal Ünsal, Microeconomics
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Understanding the root causesand features of market imperfections Being able to identifythe atributes of the imperfectlycompetitive marketsand compare and contrast in thiscontext |
| LO02 | Understanding the conditionsto be complied with within an economyfor it to be considered as Pareto Optimaland itsimplicationsfora given society |
| LO03 | To be able to understand the basic features of workings of factor markets |
| LO04 | Have knowledge about markets. |
| LO05 | Learns to use economic theory in the analysis of economic events. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explains basic conceptual information about economy and finance | 5 |
| PLO02 | Bilgi - Kuramsal, Olgusal | interprets data from different sources using contemporary communication tools, methods and processes. | |
| PLO03 | Bilgi - Kuramsal, Olgusal | Having basic computer knowledge and skills, she uses this knowledge in the professional field | |
| PLO04 | Bilgi - Kuramsal, Olgusal | explain the duties and authorities of Public Financial Institutions. | |
| PLO05 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Works effectively individually and/or in a team. | 5 |
| PLO06 | Beceriler - Bilişsel, Uygulamalı | Synthesizes and effectively presents the information obtained from different sources within the framework of academic rules in the field of research. | 4 |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Being aware of the necessity of lifelong learning, she follows the current developments in her field. | |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Synthesizes the information obtained from different sources within the framework of academic rules. | 4 |
| PLO09 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Turkish and at least one foreign language is used in accordance with the needs of academic life and business life | |
| PLO10 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | explain the job descriptions of professional people. | |
| PLO11 | Yetkinlikler - Öğrenme Yetkinliği | Have social, scientific and ethical values. | |
| PLO12 | Yetkinlikler - Öğrenme Yetkinliği | Apart from the traditional approach, it develops new working methods when it deems necessary. | 5 |
| PLO13 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Expresses herself orally and in writing | 4 |
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 | Monopoly pricing and output-2 | 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 | Öğretim Yöntemleri: Anlatım |
| 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-2 | prepare to exam | Ölçme Yöntemleri: Yazılı Sınav |
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 | 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 | ||