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 Doç.Dr. AHMET GÜLMEZ
Course Lecturers
Course Assistants Akal, Bilen, Kabasakal, Kahraman, Kutlar
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, Question-Answer, Discussion, Drilland Practice, Self Study, Problem Solving, Testing, Homework,
2 Analyzes the output of the consumer choices. Lecture, Question-Answer, Discussion, Drilland Practice, Group Study, Self Study, Problem Solving, Testing, Homework,
3 Analyzes the effects of income and price changes in consumer preferences. Lecture, Question-Answer, Discussion, Drilland Practice, Self Study, Problem Solving, Testing, Homework,
4 Learns the relationships between the goods and obtaining individual and market demand. Lecture, Question-Answer, Discussion, Drilland Practice, Group Study, Self Study, Problem Solving, Testing, Homework,
5 Analyzes production functions, efficiency and economy of scale. Lecture, Question-Answer, Discussion, Drilland Practice, Self Study, Problem Solving, Testing, Homework,
6 Obtains cost functions and learns cost minimization. Lecture, Question-Answer, Discussion, Drilland Practice, Group Study, Self Study, Problem Solving, Testing, Homework,
7 Conducts analysis of profit maximization under different scenarios. Lecture, Question-Answer, Discussion, Drilland Practice, Self Study, Problem Solving, Testing, Homework,
8 Analyzes firms´ behavior in Perfectly Competitive Markets. Lecture, Question-Answer, Discussion, Drilland Practice, Self Study, Problem Solving, Testing, Homework,
9 Examines company´s strategic behaviors in Monopoly Markets. Self Study, Problem Solving, Lecture, Question-Answer, Discussion, Drilland Practice, Group Study, Testing, Homework,
10 Analyzes how the Duopoly Markets run. Lecture, Question-Answer, Discussion, Drilland Practice, Self Study, Problem Solving, Testing, Homework,
11 Examines the functioning of contracted Oligopoly Markets. Lecture, Question-Answer, Discussion, Drilland Practice, Group Study, Self Study, Problem Solving, Testing, Homework,
12 Analyzes the functioning of conflict Oligopoly Markets. Lecture, Question-Answer, Discussion, Drilland Practice, Self Study, Problem Solving, Testing, Homework,
13 Examines the process of Monopolistic Competition market. Lecture, Question-Answer, Discussion, Drilland Practice, Group Study, Self Study, Problem Solving, Testing, Homework,
14 Analyzes the economic effects of the differences between markets. Lecture, Question-Answer, Discussion, Self Study, Problem Solving, Testing, Homework,
15 Examines how Factor Markets functions. Lecture, Question-Answer, Discussion, Drilland Practice, Group Study, Self Study, Problem Solving, 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 Gains the required knowledge in production, marketing, management , accounting and finance. X
2 Can work in teams and share information with team members in tasks of production, marketing, management, accounting and finance. X
3 Identifies and analyzes problems also offers solutions in tasks of production, marketing, management, accounting and finance.
4 Contributes to projects, takes responsibility and conduct researches in tasks of production, marketing, management, accounting and finance.
5 Can define goals and objectives of organization in tasks of production, marketing, management, accounting and finance.
6 Questions the acquired knowledge in tasks of production, marketing, management, accounting and finance.
7 Believes to adapting new situations and meets the requirements of new tasks of production, marketing, management, accounting and finance. X
8 Can transfer knowledge and recommendations in tasks of production, marketing, management, accounting and finance via using necessery communication tools and a foreign language effectively .
9 Open to occupational cooperation and sharing in tasks of production, marketing, management, accounting and finance.
10 Can use necessary information systems in tasks of production, marketing, management, accounting and finance.
11 Behaves in accordance with social and occupational ethic values in tasks of production, marketing, management, accounting and finance.
12 Analyses and carries out relations with stake holders in tasks of production, marketing, management, accounting and finance. X
13 Follows the innovations and encourages team members in tasks of production, marketing, management, accounting and finance.
14 Questions the position of the organization and offers suggestions in tasks of production, marketing, management, accounting and finance.
16
Evaluation System
Semester Studies Contribution Rate
1. Ara Sınav 70
1. Kısa Sınav 10
1. Ödev 10
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 2 32
Mid-terms 1 11 11
Quiz 2 8 16
Assignment 1 5 5
Final examination 1 18 18
Total Workload 130
Total Workload / 25 (Hours) 5.2
dersAKTSKredisi 5