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 |