COURSE UNIT TITLE

: MICROECONOMICS

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
MIK 4000 MICROECONOMICS COMPULSORY 2 0 0 3

Offered By

Izmir Vocational School

Level of Course Unit

Short Cycle Programmes (Associate's Degree)

Course Coordinator

ASSOCIATE PROFESSOR ESIN CANDAN DEMIRKOL

Offered to

Agricultural Management (Evening)
HEALTH INSTITUTIONS MANAGEMENT (Evening)
HEALTH INSTITUTIONS MANAGEMENT
Izmir Vocational School
Agricultural Management

Course Objective

The aim of this course is to provide the students to learn and explain; the fundamental concepts of economics, the determinants of demand and demand elasticity, the determinants of supply and supply elasticity, the formation of price in the commodity markets, market balance, perfect and imperfect competition markets, the concept of utility, consumer balance, the cost of production and producer balance.

Learning Outcomes of the Course Unit

1   Being able to explain the determinants of demand
2   Being able to explain the determinants of supply
3   Being able to explain the formation of price in commodity markets
4   Being able to compare perfect competition markets with imperfect competition markets
5   Being able to explain the concept of utility and consumer balance

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 The fundamental concepts of economics
2 The determinants of demand and demand elasticity
3 The determinants of supply and supply elasticity
4 Analysis of demand and supply elasticity
5 Solving Elasticity Problems
6 Formation of price in commodity markets
7 Market Balance and Changes in market balance
8 Mid-term exam
9 Properties of perfect competition market
10 Properties of imperfect competition market
11 Utility concept
12 Consumer Balance
13 The cost of production concept
14 Producer Balance
15 General Evaluation

Recomended or Required Reading

Tümay ERTEK, Temel Ekonomi (Introduction to Economics), Beta Basım Yayın, 2009
Tevfik PEKIN, Ekonomiye Giriş (Introduction to Economics), Zeus Kitabevi 2008
Supplementary Textbook:
Ilker PARASIZ, Iktisadın ABC si (Introduction to Economics), Ezgi Kitabevi, 2010.
Other materials:
Lecture notes and presentations

Planned Learning Activities and Teaching Methods

1. Giving lectures
2. Research Assignments
3. Preparation to the lectures

Assessment Methods

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


Further Notes About Assessment Methods

None

Assessment Criteria

The learning objectives are to be assessed by mid-term exam, research assignments and final exam.

Language of Instruction

Turkish

Course Policies and Rules

%70 study attendance is mandatory

Contact Details for the Lecturer(s)

e-mail: esin.candan@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 14 2 28
Preparation before/after weekly lectures 12 1 12
Preparation to Mid-term Exam 1 10 10
Preparation to Final Exam 1 15 15
Preparation of research assignments 2 5 10
Mid-term 1 1 1
Final 1 1 1
TOTAL WORKLOAD (hours) 77

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14PO.15
LO.11
LO.211
LO.3111
LO.4111
LO.5111