Course Name Code Semester T+U Hours Credit ECTS
Microeconomics IKT 382 6 2 + 0 2 5
Precondition Courses
Recommended Optional Courses
Course Language Turkish
Course Level Bachelor's Degree
Course Type Optional
Course Coordinator
Course Lecturers
Course Assistants
Course Category
Course Objective Aims of this module: Understanding the Economic life,analyzing the basic economic problems, analyzing the rational decision-making processes of the theory of consumption and firms, deriving mathematical functions and understanding the qualifications of consumption and production theory, analyzing the decision-making processes of firms in different markets and the factor market, understanding firms´ decision-making processes and behaviors under perfect and imperfect competition.
Course Content In this module; problems of economic systems, economic events, sides of economic events and their modes of behavior, 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 Learning Outcomes Teaching Methods Assessment Methods
1 Recognizes the problems to be solved in the Free Market Economy Lecture, Self Study, Testing, Homework,
2 Analyzes the output of the consumer choices. Lecture, Self Study, Testing, Homework,
3 Analyzes the effects of income and price changes in consumer preferences. Lecture, Self Study, Testing, Homework,
4 Learns the relationships between the goods and obtaining individual and market demand. Lecture, Self Study, Testing, Homework,
5 Analyzes production functions, efficiency and economy of scale. Lecture, Self Study, Testing, Homework,
6 Obtains cost functions and learns cost minimization. Lecture, Self Study, Testing, Homework,
7 Conducts analysis of profit maximization under different scenarios. Lecture, Self Study, Testing, Homework,
8 Analyzes firms´ behavior in Perfectly Competitive Markets. Lecture, Self Study, Testing, Homework,
9 Examines company´s strategic behaviors in Monopoly Markets. Lecture, Self Study, Testing, Homework,
10 Analyzes how the Duopoly Markets fuction. Lecture, Self Study, Testing, Homework,
11 Examines the functioning of contracted Oligopoly Markets. Lecture, Self Study, Testing, Homework,
Week Course Topics Preliminary Preparation
1 Main economic problems- consumption, production and distribution problems of free market-maths and optimization with graphs.
2 Properties of Consumer Preferences and Utility Curves-Consumer and Optimization-Consumer Demand Functions.
3 Changes in consumer preferences, income and prices-Relations between the goods and Individual Demand Functions and Elasticities.
4 Relations between the goods and Individual Demand Functions and Elasticities-Market demand and Elasticities.
5 Production Functions, efficiency and economy of scale-Technological Change.
6 Cost-minimization and cost functions.
7 Profit maximization.
8 Midterm
9 Perfectly Competitive Markets.
10 Monopoly Markets.
11 Oligopoly Markets.
12 Oligopoly Markets: Agreement(Cartel), No Agreement(Sweezy model) and Monopoly with lots of firms.
13 Monopolistic Competition Market.
14 Factor Markets.
Resources
Course Notes
Course Resources
Order Program Outcomes Level of Contribution
1 2 3 4 5
1 Our students will have fundamental knowledge in business administration.
2 Our students will be able to work in teams, and share information with team members in tasks of business administration
3 Our students will identify and analyse problems to offer solutions in tasks of business administration.
4 Our students will participate in projects about business administration process and tasks.
5 Our students will accept responsibility in order to conclude tasks of business administration.
6 Our students will define ethical problems in work environment and generate solutions.
7 Our students can transfer their knowledge and suggestions with technology supported tools and written communication skills.
8 Our students can transfer their knowledge and suggestions by written and verbal communication skills.
Evaluation System
Semester Studies Contribution Rate
1. Ara Sınav 60
1. Kısa Sınav 10
1. Ödev 20
2. Kısa Sınav 10
Total 100
1. Yıl İçinin Başarıya 50
1. Final 50
Total 100
ECTS - Workload Activity Quantity Time (Hours) Total Workload (Hours)
Course Duration (Including the exam week: 16x Total course hours) 16 3 48
Hours for off-the-classroom study (Pre-study, practice) 16 3 48
Mid-terms 1 10 10
Assignment 1 10 10
Final examination 1 15 15
Total Workload 131
Total Workload / 25 (Hours) 5.24
dersAKTSKredisi 5