Course Name Code Semester T+U Hours Credit ECTS
Micro Economics IKT 112 2 3 + 0 3 5
Precondition Courses
Recommended Optional Courses
Course Language Turkish
Course Level Bachelor's Degree
Course Type Compulsory
Course Coordinator Prof.Dr. MAHMUT BİLEN
Course Lecturers Prof.Dr. MAHMUT BİLEN,
Course Assistants

Res.Ast. Hilal GÜNDOĞAN

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, Discussion, Drilland Practice, Brain Storming, Testing, Homework,
2 Analyzes the output of the consumer choices. Lecture, Discussion, Drilland Practice, Brain Storming, Testing, Homework,
3 Analyzes the effects of income and price changes in consumer preferences Lecture, Discussion, Drilland Practice, Brain Storming, Testing, Homework,
4 Learns the relationships between the goods and obtaining individual and market demand. Lecture, Question-Answer, Discussion, Drilland Practice, Brain Storming, Testing, Homework,
5 Production functions, productivity and scale economics are analyzed. Lecture, Question-Answer, Discussion, Testing, Homework,
6 Makes cost minimization and obtains cost functions. Lecture, Question-Answer, Testing, Homework,
7 Makes profit maximization analysis under different scenarios. Lecture, Question-Answer, Discussion, Testing, Homework,
8 Makes profit maximization analysis under different senoryos. Lecture, Question-Answer, Discussion, Testing, Homework,
9 Examines the strategic behavior of the firm in monopoly market Lecture, Question-Answer, Discussion, Testing, Homework,
10 Analyzes the operation of duopol markets. Lecture, Question-Answer, Discussion, Testing, Homework,
11 Examines the functioning of negotiated oligopoly markets. Lecture, Question-Answer, Discussion, Testing, Homework,
12 Examines the functioning of the conflicting oligopoly markets. Lecture, Question-Answer, Discussion, Testing, Homework,
13 Examines the Functioning of Monopoly Competition Market Lecture, Question-Answer, Discussion, Brain Storming, 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 Acquiring theoretical and practical competency in the fields of industrial relations, human resource management, social policy and labour and social security law both at national and international levels X
2 Mastering core industrial relations concepts X
3 Demonstrating awareness of issues related to social justice X
4 Competent use of Turkish language in written and oral communication and ability to reflect on what you have learned, and to conduct an inventory of skills and competencies gained
5 Ability to engage in independent analysis and communication of results and ability to independently formulate research or term paper topics
6 Competent use of statistics and databases to analyze data, interpreting graphs , tables, and index numbers and constructing them to convey information
7 Ability to work effectively in groups X
8 Competent use of a foreign language in terms of oral, written and learning skills
9 Competent use of word processing, presentation, spreadsheet and statistical software used in human resources and labour relations
10 Developing an ethical sensitivity in professional and scientific contexts
Evaluation System
Semester Studies Contribution Rate
1. Ara Sınav 70
1. Kısa Sınav 10
2. Kısa Sınav 10
3. 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 15 15
Quiz 2 5 10
Assignment 1 5 5
Final examination 1 10 10
Total Workload 120
Total Workload / 25 (Hours) 4.8
dersAKTSKredisi 5