Course Name Code Semester T+U Hours Credit ECTS
Microeconomic Theory II IKT 540 0 3 + 0 3 6
Precondition Courses
Recommended Optional Courses
Course Language Turkish
Course Level yuksek_lisans
Course Type Optional
Course Coordinator Prof.Dr. ALİ KABASAKAL
Course Lecturers Prof.Dr. ALİ KABASAKAL,
Course Assistants
Course Category
Course Objective Viewing the new theoritically developments in micro economics after basic microeconomic analysis in undergraduate level
Course Content Firm theory:Production and cost theory,competitive and noncompetitive market structures,monopoly competitive markets, Oligopol markets; Cournot,Bertrand, Chamberlin, Edgeworth,Stackelberg, Sweezy. Game theory in oligopoly matket,Changes at firm behaviour forms in price and amount determining oligopoly models,capacity limits,product diversification, limit pricing,eridicating pricing,strategic firm behaviours,Cartel and firm integrations.
# Course Learning Outcomes Teaching Methods Assessment Methods
1 Investigates production theories in long vs. short run. Lecture, Question-Answer, Discussion, Drilland Practice, Self Study, Problem Solving, Project Based Learning, Testing, Oral Exam, Homework,
2 Investigates profit maximizayion and firms´ decisions Lecture, Question-Answer, Discussion, Drilland Practice, Self Study, Problem Solving, Project Based Learning, Testing, Oral Exam, Homework,
3 Investigates firms´ behavior in various markets Lecture, Question-Answer, Discussion, Drilland Practice, Self Study, Problem Solving, Project Based Learning, Testing, Oral Exam, Homework,
4 Investigates factor markets profit maximization Lecture, Question-Answer, Discussion, Drilland Practice, Self Study, Problem Solving, Project Based Learning, Testing, Oral Exam, Homework,
5 Investigates public goods, externalities and market failure Lecture, Question-Answer, Discussion, Drilland Practice, Self Study, Problem Solving, Project Based Learning, Testing, Oral Exam, Homework,
6 Investigates asymmetric information and market failure Lecture, Question-Answer, Discussion, Drilland Practice, Self Study, Problem Solving, Project Based Learning, Testing, Oral Exam, Homework,
Week Course Topics Preliminary Preparation
1 Production theory: Short run analysis İ. Bulmuş, Mikro İktisat ve M. Akal, Mikro
2 Production theory: Long run analysis İ. Bulmuş, Mikro İktisat ve M. Akal, Mikro
3 Production functions and firms´ behavior İ. Bulmuş, Mikro İktisat ve M. Akal, Mikro
4 Cost Functions İ. Bulmuş, Mikro İktisat ve M. Akal, Mikro
5 Profit maximization-Cost minimization İ. Bulmuş, Mikro İktisat ve M. Akal, Mikro
6 Supply of the afirm vs. total industry supply İ. Bulmuş, Mikro İktisat ve M. Akal, Mikro
7 Perfect competition and firms´ optimal choice İ. Bulmuş, Mikro İktisat ve M. Akal, Mikro
8 Mid term Exam
9 Monopoly Varian (1996) Bölüm 23,24
10 Oligopoly Varian (1996) Bölüm 25,26
11 Game Theory applications Varian (1996) Bölüm 27
12 Production, exchange Varian (1996) Bölüm 28,29
13 Social welfare and externalities Varian (1996) Bölüm 30,31
14 Social welfare and public goods Varian (1996) Bölüm 34,35
Resources
Course Notes Hal R. Varian, Intermediate Microeconomics, W.W. Norton & Company <br>Aforementioned parts of books and lecture notes.
Course Resources - R.L.Miller & R.E.Meiners, Intermediate Microeconomics, McGraw-Hill
- L.S.Friedman, Microeconomic Policy Analysis, McGraw-Hill, 1986
Order Program Outcomes Level of Contribution
1 2 3 4 5
1 they constitute an idea in economic subjects analitically and advocacy this idea coherent and critique the ideas constituted by others X
2 They have perfect knowledge They have perfect knowledge about general microeconomic theory through numeric and graphical methods X
3 They have perfect knowledge about general macroeconomic theory through numeric and graphical methods X
4 They know econometricThey have perfect knowledge about international trade theory through numeric X
5 They know econometric theories and have ability to solve economic problems by using these theories X
6 They make academic studies when needed to economic perspective X
7 They are specialists at some of theese areas:public economics, industrial economics,money and banking economics, environment and natural sources economics, labour economics, knowledge and property economics, international trade and finance economics, economic growth and development X
8 they have ability of translation at language orally and written X
9 they use basic computer programs helping to make economic analysis X
10 they have proffecional, social and scientific etic value X
Evaluation System
Semester Studies Contribution Rate
1. Ödev 20
1. Ara Sınav 60
2. Ödev 20
Total 100
1. Yıl İçinin Başarıya 40
1. Final 60
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 2 20 40
Oral Examination 1 5 5
Final examination 1 10 10
Total Workload 161
Total Workload / 25 (Hours) 6.44
dersAKTSKredisi 6