COURSE UNIT TITLE

: MICROECONOMICS II

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
ECN 5052 MICROECONOMICS II COMPULSORY 3 0 0 6

Offered By

Economics (English)

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR DOCTOR YEŞIM ÜÇDOĞRUK GÜREL

Offered to

Economics (English)

Course Objective

The aim of this course is to examine the interactions of the input markets and government determine decision making process concerning the input prices, and regulations. The course also introduces how microeconomic theory is used to analyze and evaluate contemporary market systems under uncertainity. The course also examines the market imperfections such as externalities, public goods and asymmetric information.

Learning Outcomes of the Course Unit

1   Define the concepts regarding the competitive input markets
2   Define the monopoly power in input markets
3   Demonstrate understanding of the decision making process of the owners of the factors of production
4   Demonstrate understanding of the decision making process under uncertainity
5   Be able to analyze the implications of government regulations under different market structures
6   Define market imperfections and solve the problems imposed by these imperfections

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Competitive Input Markets
2 Monopoly Power in Input Markets
3 Uncertainity
4 Risky Choices
5 Intertemporal Choices
6 Capital Decisions
7 Welfare Economics
8 Welfare Economics
9 Externalities
10 Public Goods
11 Public Goods
12 Asymmetric Information
13 Asymmetric Information
14 General Overview

Recomended or Required Reading

1. Nicholson, W., Microeconomic Theory, 5th Edition
2. 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


Further Notes About Assessment Methods

None

Assessment Criteria

1.The learner will define the key differences of the implicaitons between competitive input markets and monopolistic power in input markets
2. The learner will use the necessary optimization methods to solve the choice process in the input markets
3. The learner will interpret the welfare implications of possible governement interventions to the input markets.
4. The learner will be able to analyze the choice problem under uncertainity.

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)

Prof. Dr. Yeşim Üçdoğruk Gürel
yesim.ucdogruk@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 2 28
Preparation for midterm exam 1 20 20
Preparation for final exam 1 30 30
Preparing assignments 2 15 30
Midterm 1 2 2
Final 1 2 2
TOTAL WORKLOAD (hours) 154

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10
LO.1545
LO.2455
LO.35544
LO.4455
LO.55445
LO.65445

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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