TÜRKÇE
ENGLISH
Information
| Code | IKZ205 |
| Name | Microeconomics |
| Term | 2023-2024 Academic Year |
| 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 |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. FİKRET DÜLGER |
| Course Instructor |
Prof. Dr. FİKRET DÜLGER
(A Group)
(Ins. in Charge)
Dr. Öğr. Üyesi MUSTAFA ILDIRAR (B Group) (Ins. in Charge) |
Course Goal / Objective
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 | |
| 2 | Utility Approach and Consumer Equilibrium | Relevant chapter | |
| 3 | Indifference Curve and Consumer Equilibrium | Relevant chapter | |
| 4 | Consumer Equilibrium | Relevant chapter | |
| 5 | Market Demand Analysis | Relevant chapter | |
| 6 | Determinants of Market Demand | Relevant chapter | |
| 7 | Production Function and Productivity Analysis | Relevant chapter | |
| 8 | Mid-Term Exam | ||
| 9 | Cost Minimization | Relevant chapter | |
| 10 | Cost Theory | Relevant chapter | |
| 11 | Supply Analysis | Relevant chapter | |
| 12 | Perfectly Competitive Market Equilibrium | Relevant chapter | |
| 13 | Profit Maximization in Perfect Competition Markets. | Relevant chapter | |
| 14 | Imperfect Competetion Markets | Relevant chapter | |
| 15 | General Equilibrium and Welfare Economics | Relevant chapter | |
| 16 | General Evaluation | Relevant chapter | |
| 17 | Term Exams | Exams |
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 | ||