| Course Title | Code | Language | Type | Semester | L+U Hour | Credits | ECTS |
|---|---|---|---|---|---|---|---|
| Micro Economics | POLS101 | English | Compulsory | 1. Semester | 3 + 0 | 3.0 | 5.0 |
| Prerequisite Courses | |
| Course Level | Undergraduate |
| Mode of delivery | Face to Face |
| Course Coordinator | Öğr. Gör. HASAN HARMANCI |
| Instructor(s) | Öğr. Gör. HASAN HARMANCI (Güz) |
| Goals | The aim of this course is to equip students with the fundamental concepts, analytical methods, and economic way of thinking in microeconomics. Students will gain the ability to evaluate economic phenomena from an analytical perspective by learning about the decision-making processes of individuals and firms, the functioning of the market mechanism, supply and demand relations, market equilibrium, and the concept of elasticity. In addition, the course aims to help students understand the effects of microeconomics on daily life and policy-making through topics such as international trade, government policies, and market efficiency. |
| Course Content | Markets and prices; consumer behavior; individual and market demand; uncertainty and consumer behavior; cost of production; production; analysis of competitive markets; market power: monopoly and monopsony; factor input markets; investment, time, and capital markets; general equilibrium and economic efficiency; markets with asymmetric information; externalities and public goods. |
| # | Öğrenme Kazanımı |
| 1 | Learning the basic concepts and models of the economics discipline |
| 2 | Learning the basic concepts of Microeconomics |
| 3 | Explaining consumer behavior from a microeconomic perspective |
| 4 | Understanding the economic decision-making process of producers from a microeconomic perspective. |
| 5 | to explain production and costs in terms of microeconomics |
| 6 | Analyzing the structure of the perfect competition market from a microeconomic perspective |
| 7 | Analyzing the structure of monopoly and monopsony markets from a microeconomic perspective |
| 8 | Understanding the structure of factor markets from a microeconomic perspective |
| 9 | Understanding the concepts of general equilibrium and economic efficiency from a microeconomic perspective |
| 10 | Understanding the structure of markets with asymmetric information from a microeconomic perspective |
| Week | Topics/Applications | Method |
|---|---|---|
| 1. Week | Introduction to the Course | Class Hours |
| 2. Week | Principles of Economics | Preparation, After Class Study Class Hours |
| 3. Week | Introduction to Microeconomics | Class Hours Preparation, After Class Study |
| 4. Week | Interdependence and Gains from Trade | Preparation, After Class Study Class Hours |
| 5. Week | Quiz-1-Market Forces: Demand | Other Activities Class Hours Preparation, After Class Study |
| 6. Week | Market Forces: Supply and Market Equilibrium | Class Hours Preparation, After Class Study |
| 7. Week | Quiz-2- Solving Example Questions | Class Hours Preparation, After Class Study Other Activities |
| 8. Week | Elasticity and Its Applications-1 | Preparation, After Class Study Class Hours Other Activities |
| 9. Week | Elasticity and Its Applications-2 | Other Activities Preparation, After Class Study Class Hours |
| 10. Week | Supply, Demand, and Government Policies | Preparation, After Class Study Class Hours |
| 11. Week | Quiz-3- Solving Example Question | Class Hours Other Activities Preparation, After Class Study |
| 12. Week | Consumers, Producers, and the Efficiency of Markets | Preparation, After Class Study Other Activities Class Hours |
| 13. Week | The Costs of Taxation | Preparation, After Class Study Other Activities Class Hours |
| 14. Week | Uluslararası Ticaret | Other Activities Preparation, After Class Study Class Hours |
| Program Requirements | DK1 | DK2 | DK3 | DK4 | DK5 | DK6 | DK7 | DK8 | DK9 | DK10 |
|---|
| Ders Kitabı veya Notu | Ders Kitabı veya Ders Notu bulunmamaktadır. |
|---|---|
| Diğer Kaynaklar |
|
| Güz Dönemi | |||
| Responsible Personnel | Grup | Evaluation Method | Percentage |
|---|---|---|---|
| Öğr. Gör. HASAN HARMANCI | Vize | 35.00 | |
| Öğr. Gör. HASAN HARMANCI | Final | 50.00 | |
| Öğr. Gör. HASAN HARMANCI | Devam | 15.00 | |
| Toplam | 100.00 | ||
| ECTS credits and course workload | Quantity | Duration (Hour) | Total Workload (Hour) | |
|---|---|---|---|---|
|
Ders İçi |
Class Hours | 14 | 3 | 42 |
|
Ders Dışı |
Preparation, After Class Study | 1 | 15.5 | 15.5 |
| Research | 13 | 2 | 26 | |
| Other Activities | 13 | 2 | 26 | |
|
Sınavlar |
Midterm 1 | 1 | 1 | 1 |
| Quiz 1 | 1 | 1 | 1 | |
| Quiz 2 | 1 | 1 | 1 | |
| Final | 1 | 1 | 1 | |
| Practice | 3 | 3 | 9 | |
| Classroom Activities | 5 | 1 | 5 | |
| Total Workload | 127.5 | |||
| *AKTS = (Total Workload) / 25,5 | ECTS Credit of the Course | 5.0 | ||
