Course Name Code Semester T+U Hours Credit ECTS
Industrial Economics IKT 206 4 3 + 0 3 3
Precondition Courses
Recommended Optional Courses
Course Language Turkish / English
Course Level Bachelor's Degree
Course Type Compulsory
Course Coordinator Dr.Öğr.Üyesi ÜNSAL OZAN KAHRAMAN
Course Lecturers Dr.Öğr.Üyesi ÜNSAL OZAN KAHRAMAN,
Course Assistants Research assistants
Course Category
Course Objective There are several interesting subjects waiting to be explored with an economic-managerial combined view in the production and price theory area which is a branch of microeconomy theory.It is important to teach the economic Fundamentals of the business world in the framework of the theory and applied analysis to the management and administration students. In some cases some of the elementary students of the economic department have some difficulties in explaining or imaginating the answer of the matter in a reasonable way, it is purposed to show the students this matters are applicability in the economic theory.
Course Content Sub branches of microeconomic theory would be discussed more detailed in a critical way. Firm, industry and market concepts shold be described, and several markets should be analysed due to their competitive characters. Structure differences caused by cooperation and conflict between firms, and cartels. Product and location differences and their effects.
Different policies while pricing, price discrimination, two sided pricing, package sells or rental in durable goods market. Vertical integrations and the other structuring types in firms; opportunism and renewing contracts. Information, asimetric information and market price and quality effect.
# Course Learning Outcomes Teaching Methods Assessment Methods
1 analyse the production theories of both short and long terms in accordance with profit maximization. , , , ,
2 express the properties of the perfect competition market and make analyses comparing it with imperfect markets. , , , ,
3 explain how profit maximization can be achieved by verbal, algebraic and geometric methods. , , , ,
4 explain the types of price discrimination after expressing the preliminaries for it. , , , ,
5 debate the possible results in a oligopoly when the firms ally or compete. , , , ,
6 define the concepts of cartel, vertical merger,asymmetric knowledge monopolistic power, patent and technology. , , , ,
Week Course Topics Preliminary Preparation
1 Firm, industry and market
2 Perfect competation and monopol markets
3 Other imperfect competitional markets and cartelisation
4 Monopolistic competition and location models
5 Pricing in firms: price discrimination
6 Advanced techniques of price discrimination
7 Strategic pricing
8 Strategic costing
9 Midterm exam
10 Opportunism in markets and renewing contracts
11 Vertical integrations and vertical restrictions
12 Asimetric information and strategical behaviours
13 Durable goods: firm profits in the long term
14 Patent and technological transformation.
Resources
Course Notes
Course Resources
Order Program Outcomes Level of Contribution
1 2 3 4 5
1 The students are gained the ability to look at the problems of daily life from a broader perspective. They gain the needed skills not only to understand the economic problems but also to construct a model and defend in meaningful way.
2 They have knowledge about the microeconomic theory.
3 They have knowledge about the macroeconomic theory.
4 They have knowledge about the international economic theory.
5 They have ability to use mathematical and statistical methods.
6 They have ability to utilize fundamental econometric theories to provide economic problems.
7 They are intended to be expert in one of non departmental fields that they choose from the list of marketing, management, human resources management, corporate finance, public administration, and tourism management.
8 They are intended to be expert in one of departmental fields that they choose from the list of public finance, agricultural, environmental, natural resources, labor economics, economics of industrial organization, economics of property rights, international finance, money and banking, economic growth and development.
9 They have necessary knowledge of law and related skills that needed in both public and private sector.
10 They have necessary accountancy skills that needed in both public and private sector.
11 They have written and oral communication skills in a foreign language as well as in their native language.
12 They know how to use computer programs in both daily office usage and statistical data evaluations.
Evaluation System
Semester Studies Contribution Rate
1. Ödev 100
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 2 32
Mid-terms 1 10 10
Quiz 2 8 16
Assignment 2 8 16
Final examination 1 10 10
Total Workload 132
Total Workload / 25 (Hours) 5.28
dersAKTSKredisi 3