Course Name Code Semester T+U Hours Credit ECTS
Microeconomic Theory UFI 501 0 3 + 0 3 7
Precondition Courses
Recommended Optional Courses
Course Language Turkish
Course Level yuksek_lisans
Course Type Optional
Course Coordinator Prof.Dr. MAHMUT BİLEN
Course Lecturers
Course Assistants
Course Category
Course Objective Viewing the new theoritically developments in micro economics after basic microeconomic analysis in level undergraduate
Course Content Consumption theory:Pragmatic approaches to demand theory, fixed elasticitied functions,dynamic models, utility function and lineer spending models, duality, theory of explained prefers, risk, uncertainity,choise and consumer behaviours,Technology and consumer behaviours, time and consumer behaviours. 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. Problem Solving, Lecture, Question-Answer, Discussion, Drilland Practice, Testing, Homework, Performance Task,
2 Investigates profit maximizayion and firms´ decisions Lecture, Question-Answer, Discussion, Drilland Practice, Problem Solving, Testing, Homework, Performance Task,
3 Investigates firms´ behavior in various markets Lecture, Question-Answer, Discussion, Drilland Practice, Problem Solving, Testing, Homework, Performance Task,
4 Analysis of demand and its properties Lecture, Question-Answer, Discussion, Drilland Practice, Problem Solving, Testing, Homework, Performance Task,
5 Analysis of non-linear demand functions and elasticities Lecture, Question-Answer, Discussion, Drilland Practice, Problem Solving, Testing, Homework, Performance Task,
6 Investigates production theories in long vs. short run. Lecture, Question-Answer, Discussion, Drilland Practice, Testing, Homework, Performance Task,
7 Investigates profit maximizayion and firms´ decisions Lecture, Question-Answer, Discussion, Drilland Practice, Problem Solving, Testing, Homework, Performance Task,
8 Investigates firms´ behavior in various markets Lecture, Question-Answer, Discussion, Drilland Practice, Problem Solving, Testing, Homework, Performance Task,
9 Investigates factor markets profit maximization Lecture, Question-Answer, Discussion, Drilland Practice, Problem Solving, Testing, Homework, Performance Task,
Week Course Topics Preliminary Preparation
1 Production possibilities frontier and efficiency Explained choices, Slutsky equilibrium İ. Bulmuş, Mikro İktisat ve M. Akal, Mikro
2 Time choicing in consumption, goods markets, asset martkets, uncertainity Consumer surplus, demand and supply, balance in market İ. Bulmuş, Mikro İktisat ve M. Akal, Mikro
3 Technology Profit maximization, cost minimization, cost curves İ. Bulmuş, Mikro İktisat ve M. Akal, Mikro
4 Time choicing in consumption, goods markets, asset martkets, uncertainity İ. Bulmuş, Mikro İktisat ve M. Akal, Mikro
5 Consumer surplus, demand and supply, balance in market İ. Bulmuş, Mikro İktisat ve M. Akal, Mikro
6 elasticity İ. Bulmuş, Mikro İktisat ve M. Akal, Mikro
7 exam
8 Production theory: Short run analysis Production theory: Long run analysis İ. Bulmuş, Mikro İktisat ve M. Akal, Mikro
9 Production theory: Short run analysis Production theory: Long run analysis İ. Bulmuş, Mikro İktisat ve M. Akal, Mikro
10 Profit maximization-Cost minimization İ. Bulmuş, Mikro İktisat ve M. Akal, Mikro
11 Supply of the afirm vs. total industry supply Perfect competition and firms´ optimal choice İ. Bulmuş, Mikro İktisat ve M. Akal, Mikro
12 Monopoly İ. Bulmuş, Mikro İktisat ve M. Akal, Mikro
13 oligopoly İ. Bulmuş, Mikro İktisat ve M. Akal, Mikro
14 factor markets İ. Bulmuş, Mikro İktisat ve M. Akal, Mikro
Resources
Course Notes İ. Bulmuş, Mikro İktisat ve M. Akal, Mikro
Course Resources
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 knowledge about the microeconomic theory, financial economic and macroeconomics with numerical and graphical methods X
3 They know econometric theories and have ability to solve economic problems by using these theories X
4 X
5 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
6 they use basic computer programs helping to make economic analysis X
7 they have proffecional, social and scientific etic value X
Evaluation System
Semester Studies Contribution Rate
1. Ara Sınav 40
1. Ödev 30
2. Ödev 30
Total 100
1. Final 80
1. Yıl İçinin Başarıya 20
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 5 80
Mid-terms 1 10 10
Assignment 2 15 30
Performance Task (Seminar) 1 20 20
Final examination 1 20 20
Total Workload 208
Total Workload / 25 (Hours) 8.32
dersAKTSKredisi 7