COURSE UNIT TITLE

: MICROECONOMICS II

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
IKT 2002 MICROECONOMICS II COMPULSORY 3 0 0 5

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASSOCIATE PROFESSOR ÜZEYIR AYDIN

Offered to

Economics
Economics (Evening)

Course Objective

The aim of this course is to explain partial equilibriums in perfect competition between economic decision-making units and the goods, services markets.

Learning Outcomes of the Course Unit

1   To be able to explain the economic facts.
2   To be able to explain the axioms intended to identify economic facts.
3   To be able to explain the commodity markets based firm and industry analysis in the imperfect comptetiton with examples.
4   To be able to evaluate the competitiveness of firms under different assumptions.
5   To be able to discuss the cases of firm and industry in the context of markets with distinguishing aspects.
6   To be able explain the general equilibrum analysis depending on the accumulation based on commodity the factor markets (Welfare Economics)
7   To be able conclude based on the profit function as such to get ahead the firm and industry based competition (production, price, market share etc.)
8   To be able to compare measurable techniques in terms of efficiency

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Goods Markets: Equilibrum in the perfect competitive markets and lond run industrial equilibrum and optimal distribution of sources: economies of scale
2 Goods markets in the imperfect competition: equilibrum analysis in the monopoly, marginal revenue - elasticity relationship and mathematic based applications.
3 Goods markets in the imperfect competition: Government intervention in a monopoly market
4 Price differentation and equilibrum analysis in the oligopoly (mathematic based applications)
5 Negotiated oligopolistic models and mathematic based applications
6 Non-negotiated oligopolistic models and mathematic based applications
7 Equilibrum analysis in the monopolistic competitive and mathematic based applications
8 Factor markets: factor market based analyzing tools in the perfect competition
9 Labor market based demand and supply curves
10 Firm/Industry equilibrum in the labor markets and mathematic based applications
11 Labor market based analysis in the imperfect competition and mathematic based applications
12 Welfare economics: partial and general equilibrum differentation
13 Efficiency in the pure exchange economy and Walras Law
14 Efficiency in the production and simultaneous equilibrum

Recomended or Required Reading

Main Sources
Unsal, Erdal (2001), Mikroiktisat, Imaj Yay., Ankara
Bulmus, Ismail (1998), Mikroiktisat, Cantekin Matb., Ankara
Koutsoyiannis, A. (1979), Modern Microeconomics, 2nd Ed., The MacMillan Press, London
Nicholson, Walter (1990), Intermediate Microeconomics and its Application, 5th Ed., The Dryden Press, USA
Dinler, Zeynel (1998), Mikro Ekonomi, Ekin Kitabevi Yay., Bursa

Assistant Sources
Henderson, J. M. & R.E. Quant (1986), Mikroiktisat: Matematiksel Bir Yaklaşım, Çev. E. Ada., Aydoğmuş, M. Sarımeseli, Teori Yay., Ankara
Türkbal, A. (1983) Mikroiktisat: Fiyat Teorisi, 2. Baskı, Atatürk Üniv. Yay. No: 622, Erzurum
Yigitbasi, Sehabettin & N. A. Atabey (2001), Mikroiktisat, Dizgi Ofset, Konya

Planned Learning Activities and Teaching Methods

As well as discussing about the facts and the lecture in the class, suitable with the theoritical framework every subject will be supported by the mathematical applications in the computing environment. The students will also be responsible for the quizes, homeworks and end of term projects in the term.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 MTEG MIDTERM GRADE MTEG * 1
3 FIN FINAL EXAM
4 FCGR FINAL COURSE GRADE MTEG * 0.40 + FIN * 0.60
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTEG * 0.40 + RST * 0.60


*** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

To be announced.

Language of Instruction

Turkish

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 14 3 42
Case study 14 2 28
Preparations before/after weekly lectures 12 2 24
Preparation for midterm exam 1 10 10
Preparation for final exam 1 8 8
Preparation for quiz etc. 1 1 1
Preparing assignments 1 1 1
Preparing presentations 2 4 8
Preparation for midterm exam 1 6 6
Midterm 1 1 1
Final 1 1 1
Quiz etc. 1 0,5 1
TOTAL WORKLOAD (hours) 131

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9
LO.111
LO.2111
LO.3111
LO.411
LO.51111
LO.6111
LO.711111
LO.8111111