ECOS307 Microeconomics

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

Information

Code ECOS307
Name Microeconomics
Term 2024-2025 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
Label E Elective
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Prof.Dr. HÜSEYİN MAHİR FİSUNOĞLU
Course Instructor Öğr. Gör.Dr. Levent YÜLEK (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 Explain the important role played by the price system in economics.
LO02 Explains the relationship between the price system and international relations.
LO03 Explains the laws of supply and demand.
LO04 Explains the consumer's consumption decision-making process within the framework of consumer theory.
LO05 Üretim teorisi çerçevesinde üreticinin üretim kararı alma sürecini açıklar.
LO06 Explain the perfect competition market.
LO07 Explain imperfectly competitive markets.


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 Bilgi - Kuramsal, Olgusal Explain the basic concepts and theories within the disciplines of Political Science and International Relations.
PLO02 Bilgi - Kuramsal, Olgusal Understands the methodologies used in the disciplines of Political Science and International Relations.
PLO03 Beceriler - Bilişsel, Uygulamalı Gains the ability to follow, interpret and apply problem-solving techniques focused on problem solving in different social fields of international and national dimension. 5
PLO04 Beceriler - Bilişsel, Uygulamalı Questions traditional approaches, practices and methods, develop and apply new working methods when necessary.
PLO05 Beceriler - Bilişsel, Uygulamalı Recognize/apply social, scientific and professional ethical values. 4
PLO06 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Takes responsibility, leads and works effectively individually and/or in a team. 4
PLO07 Yetkinlikler - Öğrenme Yetkinliği Being aware of the necessity of lifelong learning, follows the current developments in the field and improves himself/herself.
PLO08 Yetkinlikler - İletişim ve Sosyal Yetkinlik To be able to use Turkish and at least one foreign language in accordance with the requirements of academic life and business life. 5
PLO09 Yetkinlikler - Alana Özgü Yetkinlik Analyzes data related to social sciences.
PLO10 Yetkinlikler - Alana Özgü Yetkinlik Define and analyze political, economic and social problems of international, regional and national context. 4
PLO11 Yetkinlikler - Alana Özgü Yetkinlik Gains critical thinking skills in the field of social sciences.


Week Plan

Week Topic Preparation Methods
1 General view of microeconomics. Reading the Related Book Chapter Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma
2 Theory and application for demand and supply. Reading the Related Book Chapter Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma, Alıştırma ve Uygulama
3 Continue to week 2 programme. Reading the Related Book Chapter Öğretim Yöntemleri:
Tartışma, Anlatım
4 Consumer theory Reading the Related Book Chapter Öğretim Yöntemleri:
Tartışma, Anlatım, Soru-Cevap
5 Consumer theory (continue) Reading the Related Book Chapter Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma
6 Producer theory Reading the Related Book Chapter Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma
7 Producer theory (devam) Reading the Related Book Chapter Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma
8 Mid-Term Exam Reading the Related Book Chapter Ölçme Yöntemleri:
Yazılı Sınav
9 Cost of production Reading the Related Book Chapter Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma
10 Cost of production (continue) Reading the Related Book Chapter Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma
11 Markets for goods, services, and factors of production. Reading the Related Book Chapter Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma
12 Market type: Perfect competition. Reading the Related Book Chapter Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma
13 Market type: Imperfect competition. Reading the Related Book Chapter Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma
14 Market type: Imperfect competition (continue) Reading the Related Book Chapter Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma
15 Microeconomics policies. Reading the Related Book Chapter Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma
16 Term Exams Reading Related Book Chapters and Lecture Notes Ölçme Yöntemleri:
Yazılı Sınav
17 Term Exams Reading Related Book Chapters and Lecture Notes 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: 03.03.2025 11:21