Course Information

Course Information
Course Title Code Semester L+U Hour Credits ECTS
Microeconomics I İKT201 3. Semester 3 + 0 3.0 5.0
Prerequisites None
Language of Instruction Turkish
Course Level Undergraduate
Course Type
Mode of delivery In Person
Course Coordinator Lect. HASAN HARMANCI
Instructor(s) HASAN HARMANCI
Assistants
Goals This course aims to provide the ability to analyze the behavior and interactions of microeconomic units (producers and consumers) in the market.
Course Content Basic Concepts and Definition of Economic Science Consumer Theory - Utility Analysis, Consumer Theory - Indifference Analysis, Consumer Theory - Budget Line and Change, Consumer Theory - Consumer Balance and Change, Producer Theory - Short Run Production, Producer Theory - Long Run Production, Producer Theory - Producer Equilibrium and Changes, Cost Theory, Market Analysis - Demand, Market Analysis - Demand Elasticities, Market Analysis - Supply and Supply Elasticities, Market Analysis - Market Equilibrium and Changes in Equilibrium, Market Regulation, Formation of Equilibrium Price in a Competitive Market.
Learning Outcomes - Students can explain basic concepts of microeconomics such as supply, demand, market equilibrium, short term equilibrium, long term equilibrium, production function, consumption function etc.
- Students can identify the elements that constitute the market price.
- Students can mathematically analyze micoeconomic problems.
Weekly Topics (Content)
Week Topics Learning Methods
1. Week Basic Concepts and Definition of Economics Course Hours Research Verbal Expression Visual Presentation Preparation, After Class Study
2. Week Consumer Theory - Utility Analysis Preparation, After Class Study Verbal Expression Visual Presentation Course Hours Research
3. Week Consumer Theory - Indifference Analysis Preparation, After Class Study Research Verbal Expression Visual Presentation Course Hours
4. Week Consumer Theory - Budget Line and its Change Preparation, After Class Study Verbal Expression Visual Presentation Course Hours Research
5. Week Consumer Theory - Consumer Equilibrium and Change Course Hours Preparation, After Class Study Verbal Expression Visual Presentation Research
6. Week Producer Theory - Short Run Production Preparation, After Class Study Visual Presentation Research Course Hours Verbal Expression
7. Week Producer Theory - Long Run Production Research Verbal Expression Visual Presentation Course Hours Preparation, After Class Study
8. Week MIDTERM EXAM
9. Week Producer Theory - Producer Equilibrium and Change Verbal Expression Visual Presentation Course Hours Preparation, After Class Study Research
10. Week Theory of Cost Verbal Expression Visual Presentation Preparation, After Class Study Research Course Hours
11. Week Market Analysis - Demand Course Hours Preparation, After Class Study Verbal Expression Visual Presentation Research
12. Week Market Analysis - Demand Elasticities Course Hours Preparation, After Class Study Research Visual Presentation
13. Week Market Analysis- Elasticities of Supply and Supply Verbal Expression Course Hours Research Preparation, After Class Study Visual Presentation
14. Week Market Analyzis- Market Equilibrium and Changes in Equilibrium, Market Regulation, Formation of Equilibrium Price in Competition Market Visual Presentation Preparation, After Class Study Course Hours Research Verbal Expression
Recommended Sources
Mikro İktisat- Zeynel Dinler
Mikro iktisadi analiz : (problem çözümlü) / Oğuz Kara
Relations with Education Attainment Program Course Competencies
Program Requirements Contribution Level DK1 DK2 DK3 Measurement Method
PY1 5 5 4 3 -
PY2 4 3 2 1 -
PY3 2 2 2 2 -
PY4 1 1 1 1 -
PY5 5 5 4 4 -
PY6 5 5 4 4 -
PY7 4 2 2 2 -
PY8 3 2 1 3 -
PY9 2 1 1 1 -
PY10 1 1 1 1 -
PY11 3 2 2 2 -
PY12 4 1 1 1 -
PY13 3 3 3 3 -
PY14 3 2 2 2 -
*DK = Course's Contrubution.
0 1 2 3 4 5
Course's Level of contribution None Very Low Low Fair High Very High
Method of assessment/evaluation Written exam Oral Exams Assignment/Project Laboratory work Presentation/Seminar
ECTS credits and course workload
Event Quantity Duration (Hour) Total Workload (Hour)
Course Hours 14 3 42
Preparation, After Class Study 14 2 28
Research 6 2 12
Other Activities 4 2 8
Verbal Expression 5 2 10
Visual Presentation 5 2 10
Practice 2 1 2
Midterm 1 1 1 1
Homework 1 1 4 4
Homework 2 1 3.5 3.5
Final 1 1 1
Classroom Activities 6 1 6
Total Workload 127.5
ECTS Credit of the Course 5.0