| Course Title | Code | Language | Type | Semester | L+U Hour | Credits | ECTS |
|---|---|---|---|---|---|---|---|
| Microeconomics I | ECON201 | Turkish | Compulsory | 3. Semester | 3 + 0 | 3.0 | 5.0 |
| Prerequisite Courses | |
| Course Level | Undergraduate |
| Mode of delivery | Face-to-face. |
| Course Coordinator | Doç. Dr. Ömer LİMANLI |
| Instructor(s) | Doç. Dr. Ömer LİMANLI (Güz) |
| Goals | The aim of this course is to provide students with a solid foundation in intermediate microeconomics theory. To this end, the course will focus on consumer behavior, the decision-making process of economic actors, and the interactions of these actors in the market. Students will learn how consumers make decisions under constraints, the fundamentals of utility theory and how utility affects preferences, and how to analyze consumers' responses to changes in price and income. The course will also cover intertemporal choice, market demand, equilibrium, exchange, and general equilibrium. By the end of the course, students are expected to be able to interpret economic behavior and apply the fundamental principles of microeconomics to real-world problems. |
| Course Content | The content of this course focuses on consumer behavior, the decision-making process of economic actors, and the interactions of these actors in the market. |
| # | Öğrenme Kazanımı |
| 1 | Apply basic microeconomic models to analyze consumer and producer behavior. |
| 2 | Derive demand, supply, and equilibrium using mathematical tools. |
| 3 | Evaluates different market structures in terms of efficiency and welfare. |
| Week | Topics/Applications | Method |
|---|---|---|
| 1. Week | Budget Constraint | Preparation, After Class Study |
| 2. Week | Preferences | Preparation, After Class Study |
| 3. Week | Utility | Preparation, After Class Study |
| 4. Week | Choice | Preparation, After Class Study |
| 5. Week | Demand | Preparation, After Class Study |
| 6. Week | Revealed Preferences | Preparation, After Class Study |
| 7. Week | Slutsky Equation | Preparation, After Class Study |
| 8. Week | Buying and Selling | Preparation, After Class Study |
| 9. Week | Intertemporal Choice | Preparation, After Class Study |
| 10. Week | Consumer Surplus | Preparation, After Class Study |
| 11. Week | Market Demand | Preparation, After Class Study |
| 12. Week | Equilibrium | Preparation, After Class Study |
| 13. Week | Exchange | Preparation, After Class Study |
| 14. Week | Overall Overview | Preparation, After Class Study |
| No | Program Requirements | Level of Contribution | |||||
|---|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Know the basic concepts of economics at an advanced level; can abstract the economic decision-making units in households, firms, government agencies, and predict the results of their decision-making mechanisms in different market and competition conditions. | ✔ | |||||
| 2 | Understand the objectives of economies such as growth, employment, productivity, sustainability; may propose solutions to problems such as unemployment, contraction, inflation, high interest rates and similar problems. | ✔ | |||||
| 5 | Can combine economic theory with mathematical, statistical and econometric skills to analyze concrete situations; are experienced in economic data collection and analysis methods by utilyzing technology. | ✔ | |||||
| Program Requirements | DK1 | DK2 | DK3 |
|---|---|---|---|
| PY1 | 5 | 5 | 5 |
| PY2 | 4 | 4 | 4 |
| PY5 | 3 | 3 | 3 |
| Ders Kitabı veya Notu | Ders Kitabı veya Ders Notu bulunmamaktadır. |
|---|---|
| Diğer Kaynaklar |
|
| Güz Dönemi | |||
| Responsible Personnel | Grup | Evaluation Method | Percentage |
|---|---|---|---|
| Doç. Dr. Ömer LİMANLI | Vize | 40.00 | |
| Doç. Dr. Ömer LİMANLI | Final | 60.00 | |
| 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 | 14 | 3 | 42 |
| Research | 7 | 4.5 | 31.5 | |
| Interview | 5 | 1 | 5 | |
| Other Activities | 5 | 1 | 5 | |
|
Sınavlar |
Midterm 1 | 1 | 1 | 1 |
| Final | 1 | 1 | 1 | |
| Total Workload | 127.5 | |||
| *AKTS = (Total Workload) / 25,5 | ECTS Credit of the Course | 5.0 | ||
