COURSE UNIT TITLE

: MICROECONOMIC ANALYSIS I

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
FIB 5119 MICROECONOMIC ANALYSIS I ELECTIVE 3 0 0 6

Offered By

Financial Economics and Banking

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR DOCTOR MERT URAL

Offered to

Course Objective

Micro Economic Analysis I, comprises economical, technical and mathematical aspects of relationships between consumers and producers with goods and services markets. Aim of this course is to explain partial equilibrums which is established between economic decision units and goods and services markets in perfect competition, by handling issues in theoretical framework. Also goverments interference forms to perfect competition market will be explained.

Learning Outcomes of the Course Unit

1   Can learn the theoretical basis of causality relations between micro economic events and variables and learn technical and mathematical aspects of micro economic causality relations.
2   Can discuss effects of alternative public policies by learning rational consumer behavior
3   Can explain economic and mathematical features of efficient input using process of the firm
4   Can evaluate of government interventions in perfectly competitive markets and decomposite of wealth effects
5   Can solve questions easily that may occur in a profession competition examination with theoretical and mathematical foundations

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Scope of Microeconomic Analysis I and First-Best Conditions for Economic Decision Agents
2 Theory of Consumer Behavior and Ordinalist Approach
3 Modern Theory of Consumer Behavior and Mathematical Explanation of Consumer Equilibrium
4 Long-run Consumer Equilibrium , Decomposition of Income and Substitution Effects
5 Marshallian and Hicksian Demand Functions, Income and Price Elasticities of Demand, Engel s and Cournot s Aggregation Conditions
6 Theory of Producer Behavior : Productivity and Iso-quant Analysis
7 Elasticity of Inputs, Substitution and Output and Cobb-Douglas Production Functions
8 Midterm Exam
9 Per Worker Production Functions, Types of Technological Progress, Measuring and Effects of Technological Progress
10 Theory of Cost and Cost Equilibrium of the Firm
11 Short-run Profit Maximization for a Given / Different Market Price Conditions in a Perfectly Competitive Market
12 Long-Run Equilibrium of the Firm and Uncertainity in Profit Maximization
13 Supply and Demand Functions of the Industry and Equilibrium in a Perfectly Competitive Market
14 Government Interventions in Perfectly Competitive Market and Its Effects

Recomended or Required Reading

1. BULMUŞ, Ismail; Mikro Iktisat
2. BULMUŞ, Ismail; Çözümlü Mikroiktisat Problemleri
3. DINLER, Zeynel; Mikro Iktisat
4. DIVITÇIOĞLU, Sencer; Mikro Iktisat: Fiyat ve Refah Teorisine Giriş
5. DORNBUSCH, Rudiger, FISHER, Stanley ve David, BEGG; Mikro Iktisat
6. EREN, Ercan; Mikro Iktisat
7. EREN, Ercan; DONDURAN, Murat, Mikro Iktisat
8. ERTEK, Tümay; Mikroekonomiye Giriş
9. HENDERSON, J. ve R. Quant; Mikro Iktisat- Matematiksel Bir Yaklaşım
10. KOUTSOYIANNIS, A.; Modern Mikro Iktisat
11. LECAILLON, J.; Mikro Ekonomik Analiz
12. NERE, Jacques; Mikro Iktisat
13. NICOLSON, W.; Microeconomic Theory: Basic Principles and Extensions
14. ÖZDEMIR, Zekai; Mikro Iktisadi Analiz ( Mal Piyasası)
15. PARASIZ, M. Ilker; Mikro Ekonomi
16. PARASIZ, M. Ilker; Modern Mikro Ekonomi
17. PARASIZ, Ilker; Mikro Iktisat Problemleri ve Çözümleri
18. RUBINFELD, Pindyck; Microeconomics
19. ŞAHIN, Hüseyin; Mikro Iktisat
20. TUNÇ, Havva; Mikro Iktisat
21. TÜRKAY, Orhan; Mikro Iktisat

Planned Learning Activities and Teaching Methods

Courses will be given by teaching staff, and modelling will be made by using computers.

Assessment Methods

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

Tel: 0 (232) 420 41 80- 10641
E-mail: ilkin.baray@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 14 3 42
Tutorials 0 0 0
Preparations before/after weekly lectures 14 2 28
Preparation for midterm exam 1 20 20
Preparation for final exam 1 30 30
Reading 1 15 15
Midterm 1 2 2
Final 1 2 2
TOTAL WORKLOAD (hours) 139

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9
LO.1315
LO.23514
LO.335
LO.4534
LO.553

CONTACT INFORMATION
Dokuz Eylül Üniversitesi Cumhuriyet Bulvarı No: 144 35210 Alsancak / İZMİR
Phone: +90(232) 412 12 12 - Fax: +90 (232) 464 81 35

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