Rapor Tarihi: 11.04.2026 04:52
| Course Title | Code | Language | Type | Semester | L+U Hour | Credits | ECTS |
|---|---|---|---|---|---|---|---|
| Advanced Microeconomic Analysis I | ECON502 | Turkish | Compulsory | 3 + 0 | 3.0 | 6.0 |
| Prerequisite Courses | |
| Course Level | Graduate |
| Mode of delivery | Face to face. |
| Course Coordinator | Doç. Dr. Ömer LİMANLI |
| Instructor(s) | Doç. Dr. Ömer LİMANLI (Bahar) |
| Goals | The objective of this course is to establish a solid foundation in individuals' economic decision-making processes and competitive market theory. Students will learn to derive behavioral predictions from fundamental assumptions about preferences and technology by studying the axiomatic approach to consumer and producer theory. The course will focus on dual methods, which are fundamental analytical tools of comparative statics. By the end of the course, students will understand the conditions under which competitive markets achieve efficient outcomes and will be able to identify the criteria used in Advanced Microeconomic Analysis II to evaluate market failures and strategic behavior. |
| Course Content | The course content consists of preferences and utility theory, the consumer's problem, indirect utility and the expenditure function, choice under uncertainty, firm theory, and general equilibrium analysis. |
| # | Öğrenme Kazanımı |
| 1 | Explain the relationship between preference axioms and the properties of utility functions, and interpret the economic meaning of duality results such as Roy's Identity and Shephard's Lemma. |
| 2 | Derive Marshallian and Hicksian demand functions using utility maximization, expenditure minimization, and duality methods. |
| 3 | Apply the Slutsky equation to decompose price effects into substitution and income effects, and solve cost minimization and profit maximization problems for firms. |
| 4 | Analyze the conditions under which observed demand behavior is consistent with utility maximization, using revealed preference and integrability theory. |
| 5 | Evaluate market allocations for Pareto efficiency and assess the assumptions underlying the First and Second Welfare Theorems. |
| 6 | Construct proofs of key theorems in consumer and producer theory, and formulate economic models for novel choice problems. |
| Week | Topics/Applications | Method |
|---|---|---|
| 1. Week | Preferences and Utility I | Lecture, Question and Answer |
| 2. Week | Preferences and Utility II | Lecture, Question and Answer |
| 3. Week | Consumer's Problem I | Lecture, Question and Answer |
| 4. Week | Consumer's Problem II | Lecture, Question and Answer |
| 5. Week | Indirect Utility and Expenditure I | Lecture, Question and Answer |
| 6. Week | Indirect Utility and Expenditure II | Lecture, Question and Answer |
| 7. Week | Properties of Consumer Demand | Lecture, Question and Answer |
| 8. Week | Duality in Consumer Theory | Lecture, Question and Answer |
| 9. Week | Integratability and Revealed Preferences | Lecture, Question and Answer |
| 10. Week | Choice Under Uncertainty | Lecture, Question and Answer |
| 11. Week | Theory of Firm I | Lecture, Question and Answer |
| 12. Week | Theory of Firm II | Lecture, Question and Answer |
| 13. Week | Partial and General Equilibrium I | Lecture, Question and Answer |
| 14. Week | Partial and General Equilibrium II | Lecture, Question and Answer |
| No | Program Requirements | Level of Contribution | |||||
|---|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Synthesizes microeconomic and macroeconomic theories at an advanced level, and critically evaluates the assumptions and limitations of economic models within an analytical framework. | ✔ | |||||
| 2 | Systematically follows current theoretical and empirical studies in the economics literature, analyzes these studies from a scientific perspective, and integrates them into their own research. | ✔ | |||||
| 3 | Structures and analyzes complex economic events and processes using mathematical modeling techniques. | ✔ | |||||
| 4 | Analyzes and interprets economic datasets using advanced statistical and econometric methods, along with current analysis software (Stata, R, Python, EViews, etc.). | ✔ | |||||
| 5 | Interprets national and international economic developments in the light of economic theories, and develops evidence-based policy recommendations and strategic evaluations. | ✔ | |||||
| 6 | Defines an original research question in the field of economics, determines the appropriate methodology, and manages an independent scientific study from the design phase to the reporting phase. | ✔ | |||||
| 7 | Develops innovative solutions to complex micro and macro-level economic problems by using theoretical and empirical knowledge from an interdisciplinary perspective. | ✔ | |||||
| 8 | Analyzes the structural characteristics, institutional framework, and current issues of the Turkish economy using advanced methods and evaluates its position within the global economy. | ✔ | |||||
| 9 | Fully complies with national and international ethical principles, academic integrity rules, and intellectual property rights in scientific research, publication, and application processes. | ✔ | |||||
| 10 | Reports research findings and complex economic analyses in writing according to academic writing standards and presents them orally at a professional level on various platforms (conferences, seminars, etc.). | ✔ | |||||
| 11 | Uses a foreign language (English, etc.) at a level sufficient to continuously follow international academic studies in the field of economics and communicate with colleagues. | ✔ | |||||
| 12 | Contributes to the economic literacy and welfare of society by acting with an awareness of sustainable development, social welfare, and ethical responsibility in economic analysis. | ✔ | |||||
| 13 | Evaluates the relationship between historical economic developments and current economic policies to construct alternative scenarios for the future. | ✔ | |||||
| 14 | Analyzes sectoral growth, productivity, competition, and foreign trade performance using sectoral data to develop policy recommendations. | ✔ | |||||
| Program Requirements | DK1 | DK2 | DK3 | DK4 | DK5 | DK6 |
|---|---|---|---|---|---|---|
| PY1 | 5 | 5 | 5 | 5 | 5 | 5 |
| PY2 | 3 | 3 | 3 | 4 | 4 | 4 |
| PY3 | 4 | 5 | 5 | 4 | 4 | 5 |
| PY4 | 1 | 2 | 2 | 3 | 1 | 2 |
| PY5 | 2 | 3 | 3 | 2 | 5 | 3 |
| PY6 | 3 | 3 | 3 | 4 | 3 | 5 |
| PY7 | 3 | 4 | 4 | 3 | 5 | 5 |
| PY8 | 1 | 2 | 2 | 2 | 3 | 3 |
| PY9 | 1 | 1 | 1 | 2 | 3 | 4 |
| PY10 | 2 | 2 | 2 | 1 | 5 | 3 |
| PY11 | 3 | 3 | 3 | 3 | 3 | 3 |
| PY12 | 2 | 2 | 2 | 1 | 5 | 3 |
| PY13 | 1 | 1 | 1 | 1 | 2 | 2 |
| PY14 | 2 | 3 | 4 | 2 | 3 | 3 |
| Ders Kitabı veya Notu | Ders Kitabı veya Ders Notu bulunmamaktadır. |
|---|---|
| Diğer Kaynaklar |
|
| 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 | 4 | 56 |
| Research | 10 | 1 | 10 | |
| Other Activities | 14 | 3 | 42 | |
|
Sınavlar |
Midterm | 1 | 1 | 1 |
| Final | 1 | 2 | 2 | |
| Total Workload | 153 | |||
| *AKTS = (Total Workload) / 25,5 | ECTS Credit of the Course | 6.0 | ||
