| Course Title | Code | Language | Type | Semester | L+U Hour | Credits | ECTS |
|---|---|---|---|---|---|---|---|
| Micro Economics | SBKY101 | Turkish | Compulsory | 1. Semester | 3 + 0 | 3.0 | 5.0 |
| Prerequisite Courses | |
| Course Level | Undergraduate |
| Mode of delivery | Face-to-face |
| Course Coordinator | Doç. Dr. ŞERİF CANBAY |
| Instructor(s) | Doç. Dr. ŞERİF CANBAY (Güz) |
| Goals | To inform students about the basic concepts and assumptions in economics and to establish the relationship between economic variables by using this information. In this context, consumer and producer behavior will be examined. |
| Course Content | The course includes topics such as market theory, which falls within the scope of introductory microeconomic theory, determination of price and production levels in competitive and non-competitive markets, market efficiency and market failure, and government interventions. |
| # | Öğrenme Kazanımı |
| 1 | To define basic concepts of economy such as scarcity, opportunity cost, elasticity, economic profit and marginal analysis |
| 2 | To explain the factors determining supply and demand |
| 3 | To explain the concept of market balance |
| 4 | Explains the differences between fully competitive and non-competitive markets |
| 5 | Compares the theories of producer and consumer behavior. |
| 6 | To explain the basic concepts like production, interest and cost |
| 7 | Have the ability to use simple level quantitative techniques in the analysis of microeconomic problems |
| Week | Topics/Applications | Method |
|---|---|---|
| 1. Week | Definition and scope of economics, economic units and sources of economics, three basic principles and scope of economics. | Class Hours |
| 2. Week | Basic concepts of economy: Need, goods and services, benefit, economic value and scarcity. Basic concepts of economy: Production, production factors, consumption, savings, investment, division of labor. | |
| 3. Week | Basic concepts of economics: Opportunity cost, effectiveness, efficiency and profitability. Main problems of economy: Scarcity, economics and solution to the problem of scarcity. | |
| 4. Week | Demand analysis: Law of demand and factors affecting demand, flexibilities and usage areas. | |
| 5. Week | Demand analysis: Law of demand and factors affecting demand, flexibilities and usage areas. | |
| 6. Week | Supply analysis: Law of supply, supply function, elasticities and usage areas. | |
| 7. Week | Supply analysis: Law of supply, supply function, elasticities and usage areas. | |
| 8. Week | Supply analysis: Law of supply, supply function, elasticities and usage areas. | |
| 9. Week | Market types and price formation: Demand, supply and market balance under conditions of perfect competition, monopoly and imperfect competition. | |
| 10. Week | Short and long term production models: Short term production and costs, long term production and costs. | |
| 11. Week | Short and long term production models: Short term production and costs, production and costs in the long run. | |
| 12. Week | Firm equilibrium: Revenue, cost and profit functions. | |
| 13. Week | Firm equilibrium: Revenue, cost and profit functions. | |
| 14. Week | Firm equilibrium: Revenue, cost and profit functions. |
| No | Program Requirements | Level of Contribution | |||||
|---|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Being able to comprehend the basic concepts and theoretical knowledge in the field of Political Science and Public Administration and grasp their details. | ✔ | |||||
| 2 | To have the knowledge of political science, political theory, public administration, international relations, political history, law, economics and business required in a qualified employee who is demanded by the public and private sectors | ✔ | |||||
| 7 | Being conscious about the social, scientific and professional ethics; being open to change and new ideas | ✔ | |||||
| 8 | Being able to offer and share alternative solutions in the field of public administration with awareness for lifelong learning and critical thinking. | ✔ | |||||
| Program Requirements | DK1 | DK2 | DK3 | DK4 | DK5 | DK6 | DK7 |
|---|---|---|---|---|---|---|---|
| PY1 | 3 | 3 | 3 | 3 | 3 | 3 | 2 |
| PY2 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| PY7 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| PY8 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Ders Kitabı veya Notu | Ders Kitabı veya Ders Notu bulunmamaktadır. |
|---|---|
| Diğer Kaynaklar |
|
| Güz Dönemi | |||
| Responsible Personnel | Grup | Evaluation Method | Percentage |
|---|---|---|---|
| Doç. Dr. ŞERİF CANBAY | A Grubu | Vize | 40.00 |
| Doç. Dr. ŞERİF CANBAY | A Grubu | Final | 60.00 |
| Toplam | 100.00 | ||
| Doç. Dr. ŞERİF CANBAY | B Grubu | Vize | 40.00 |
| Doç. Dr. ŞERİF CANBAY | B Grubu | Final | 60.00 |
| Toplam | 100.00 | ||
| ECTS credits and course workload | Quantity | Duration (Hour) | Total Workload (Hour) | |
|---|---|---|---|---|
|
Ders İçi |
Class Hours | 14 | 3 | 42 |
|
Sınavlar |
Midterm 1 | 1 | 35 | 35 |
| Quiz 1 | 1 | 15.5 | 15.5 | |
| Final | 1 | 35 | 35 | |
| Total Workload | 127.5 | |||
| *AKTS = (Total Workload) / 25,5 | ECTS Credit of the Course | 5.0 | ||
