COURSE UNIT TITLE

: ADVANCED MICROECONOMICS II

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
IKT 6602 ADVANCED MICROECONOMICS II ELECTIVE 3 0 0 6

Offered By

Economics

Level of Course Unit

Third Cycle Programmes (Doctorate Degree)

Course Coordinator

ASSOCIATE PROFESSOR ÜZEYIR AYDIN

Offered to

Economics

Course Objective

To comprehend basic proposals of micro based theories with game theory and repeated games based approaches and to analyze expected utility maximization To internalize advanced literature discussions oriented to defining and solving problem.

Learning Outcomes of the Course Unit

1   To be able to analyze dynamics of creating individual / social welfare within the frame of the tools of game theory and repeated games based approach.
2   To be able to learn developing supermodular and global games
3   To be able to explain pyschological and expected utility concept of economic cases.
4   To be able to solve the international and intra-national monetary policy and conjunctural fluctuations aspect of financial crises with game theory applications
5   To be able to discuss ways of gaining international cometitive power from anlayses of national competitive power with a strategy case.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Game theory: Rationalizability and Nash equilibirium
2 Repetable games, Bargaining
3 Supermodular games
4 Supermodular games
5 Global games
6 Global games
7 Heterogeneous priorities
8 MIDTERM EXAM
9 Psychological games
10 Games without expected utility maximization
11 Games without expected utility maximization
12 Game theory models of reputation
13 High level belief (Applications of game theory and mechanism design)
14 Evaluation of Term Projects and Micro based Strategy Development

Recomended or Required Reading

Main References:
Chiang, Alpha (1984), Fundamental Methods of Mathematical Economics, 3rd Ed., McGraw-Hill, New York.
Coelli, Tim (1996), "A Guide to DEAP version 2.1: A Data Envelopment Analysis (Computer) Program", CEPA Working Paper 96/08.
Frank, Robert H. (1994), Microeconomics and Behavior, 2nd Ed., McGraw-Hill, New York.
Freeman, C. & L. Soete (2003), Yenilik Iktisadı, Çev: E. Türcan, TÜBITAK Yayınları, Ankara.
Gibbons, Robert (1997), "An Introduction to Applicable Game Theory", Journal of Economic Perspectives 11 (1), 127-149.
Kohler, H. (1990), Intermediate Microeconomics: Theory and Applications, 3rd Ed., Scott, Foresman and Company, USA.
Koutsoyiannis, A. (1979), Modern Microeconomics, 2nd Ed., The MacMillan Press, London.
Kök, R. & E. Deliktaş (2003), Endüstri Iktisadında Verimlilik Ölçme ve Strateji Geliştirme Teknikleri, Izmir.



Planned Learning Activities and Teaching Methods

Methods of the course consist of not only theoretical and methodological contributions at the classroom, but also applications will be done at the laboratory.

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 * 0.20 + STT * 0.30 + FIN* 0.50
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.20 + STT * 0.30 + RST* 0.50


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)

uzeyir.aydin@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
Preparations before/after weekly lectures 14 3 42
Preparation for midterm exam 1 10 10
Preparation for final exam 1 20 20
Preparing assignments 2 10 20
Preparing presentations 2 5 10
Reading 1 10 10
Final 1 4 4
Midterm 1 3 3
TOTAL WORKLOAD (hours) 161

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9
LO.15555555
LO.2555
LO.3555555
LO.4555
LO.555555