COURSE UNIT TITLE

: ADVANCED MICROECONOMIC THEORY

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
ECN 6063 ADVANCED MICROECONOMIC THEORY COMPULSORY 3 0 0 8

Offered By

Economics (English)

Level of Course Unit

Third Cycle Programmes (Doctorate Degree)

Course Coordinator

PROFESSOR DOCTOR EVRIM TURGUTLU

Offered to

Economics (English)

Course Objective

The aim of this course is to form the graduate level base for microeconomic theory, which includes individual and aggregate decision modeling, production, firm behavior, profit maximization and cost minimization under different market structure, general equilibrium models and welfare issues. The course also gives an introduction in recent microeconomic topics of game theory and externalities.

Learning Outcomes of the Course Unit

1   Contribute to microeconomic theory literature.
2   Construct models of social and production dynamics.
3   Be able to use mathematical methods to formalize economic concepts and ideas.
4   Be able to analyze optimization problems of the firm under various market conditions.
5   Be able to compare different choice mechanism of social choice and welfare.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Advanced topics in consumer theory
2 Advanced topics in consumer theory
3 Advanced topics in consumer theory
4 Advanced topics in consumer theory
5 Advanced topics in producer theory
6 Advanced topics in producer theory
7 Advanced topics in producer theory
8 Advanced topics in producer theory
9 Advanced topics in producer theory
10 Advanced topics in welfare and social choice
11 Advanced topics in welfare and social choice
12 Advanced topics in welfare and social choice
13 Information Economics
14 Information Economics

Recomended or Required Reading

1. Andreu MasColell, Michael D. Whinston and Jerry R. Green, Microeconomic Theory , Oxford University Press (1995)
2. JEHLE, G. A., & RENY, P. J. (2001). Advanced microeconomic theory. Boston, Addison-Wesley.
3. Lecture Notes

Planned Learning Activities and Teaching Methods

1. Lectures
2. Class Discussions
3. Assignments

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 STT TERM WORK (SEMESTER)
3 FIN FINAL EXAM
4 FCG FINAL COURSE GRADE MTE * 0.30 + STT * 0.30 + FIN* 0.40
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.30 + STT * 0.30 + RST* 0.40


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

Further Notes About Assessment Methods

None

Assessment Criteria

1.Midterm and final exams will be based on the mathematical problems, derivations and proofs comprising the lectures.
2. Semester term work is based on the problem sets delivered related to each topic in course. The answer sheets will be collected and graded according to the accuracy of the solutions.

Language of Instruction

English

Course Policies and Rules

It is obligatory to attend at least 70% of the classes.

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 13 3 39
Preparations before/after weekly lectures 14 3 42
Preparation for midterm exam 1 35 35
Preparation for final exam 1 35 35
Preparing assignments 6 8 48
Final 1 3 3
Midterm 1 3 3
TOTAL WORKLOAD (hours) 205

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10
LO.154
LO.24
LO.3345
LO.444
LO.5552