Rapor Tarihi: 27.03.2026 02:46
| 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 | Defines the budget constraint, preference axioms, and the concept of utility function; can interpret indifference curves and the marginal rate of substitution. |
| 2 | Solves the consumer utility maximization problem under different utility functions (Cobb-Douglas, perfect substitution, perfect complementarity, semi-linear) using the Lagrange and substitution methods; distinguishes between internal and corner solutions. |
| 3 | Analyzes the effects of price and income changes on demand; uses the Slutsky equation to separate the substitution and income effects. |
| 4 | Evaluates the consistency of consumer behavior using stated preference axioms (WARP, SARP); compares welfare using price indices. |
| 5 | Solves the consumer problem with an equilibrium point and the intertemporal choice model within the framework of budget constraint extensions; analyzes the effect of interest rate changes on savings decisions. |
| 6 | Calculates consumer surplus, compensatory and equivalent differences; applies the concept of demand elasticity in the context of individual and market demand functions. |
| 7 | Determines market equilibrium within the framework of supply and demand; conducts tax incidence and social loss analyses; evaluates exchange equilibrium and Pareto efficiency using the Edgeworth box diagram. |
| 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. | ✔ | |||||
| 3 | Capable to make sense of the international interactions of national economies with an international economic perspective. | ✔ | |||||
| 4 | Have knowledge about the historical development of the world economy and its current structure, understand the working process of different economic systems. | ✔ | |||||
| 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. | ✔ | |||||
| 6 | Analyze the different sectors of the economy such as agriculture, industry and services through the Production Factors such as Labor, Capital, Natural Resource, Information and Entrepreneurship and evaluate the country economies. | ✔ | |||||
| 7 | Know the current status, historical background, the strengths and weaknesses of Turkish economy in macro and micro scale; can propose solutions, make theoretical and applied studies in this direction as individuals and teams. | ✔ | |||||
| 8 | Know the relations of economics as a social science with other sciences especially with politics, business administration, law, history, mathematics and engineering; reflect the theoretical knowledge in practice and have collaborative working culture. | ✔ | |||||
| 9 | Have the consciousness of lifelong learning, use the education to keep knowledge updated and contribute to the business life. | ✔ | |||||
| 10 | Have the cultural consciousness, know their own history, develop awareness of working with different cultures, respect individual, social and cultural rights. | ✔ | |||||
| 11 | Behave in accordance with ethical values in their works, have the ability of questioning, free thinking with no prejudices. | ✔ | |||||
| 12 | Have the consciousness of fulfilling the given tasks at the right time. In this process, utilize in maximum written, visual, audio sources and information-communication technologies. | ✔ | |||||
| 13 | Have the experience and ability to explain what they learn in written, oral and visual manner. | ✔ | |||||
| 14 | Use the Turkish and English language properly and effectively, and pursue professional readings in double language. | ✔ | |||||
| Program Requirements | DK1 | DK2 | DK3 | DK4 | DK5 | DK6 | DK7 |
|---|---|---|---|---|---|---|---|
| PY1 | 5 | 5 | 5 | 4 | 5 | 5 | 5 |
| PY2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| PY3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| PY4 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| PY5 | 2 | 4 | 4 | 2 | 3 | 3 | 3 |
| PY6 | 1 | 1 | 2 | 1 | 2 | 2 | 3 |
| PY7 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| PY8 | 1 | 2 | 2 | 2 | 2 | 2 | 3 |
| PY9 | 1 | 2 | 2 | 3 | 3 | 2 | 2 |
| PY10 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| PY11 | 1 | 2 | 2 | 3 | 2 | 2 | 3 |
| PY12 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| PY13 | 1 | 1 | 1 | 1 | 1 | 3 | 1 |
| PY14 | 1 | 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. 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 | 2 | 28 |
| Research | 13 | 1 | 13 | |
| Other Activities | 14 | 3 | 42 | |
|
Sınavlar |
Midterm | 1 | 1 | 1 |
| Final | 1 | 1.5 | 1.5 | |
| Total Workload | 127.5 | |||
| *AKTS = (Total Workload) / 25,5 | ECTS Credit of the Course | 5.0 | ||
