Course Information

Course Information
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 Prof. Dr. ŞERİF CANBAY
Instructor(s) Prof. 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.
Learning Outcomes
# 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
Lesson Plan (Weekly Topics)
Week Topics/Applications Method
1. Week Definition and scope of economics, economic units and sources of economics, three basic principles and scope of economics.
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.
*Midterm and final exam dates are not specified in the 14-week course operation plan. Midterm and final exam dates are held on the dates specified in the academic calendar with the decision of the University Senate.
The Matrix for Course & Program Learning Outcomes
No Program Requirements Level of Contribution
1 2 3 4 5
1 Explains and interprets the fundamental concepts and theories related to political science, public administration, law, urbanization, and environmental studies.
2 Conducts scientific research in the field of political science and public administration; carries out the research process by using appropriate methods and techniques.
7 Demonstrates attitudes and behaviors in accordance with ethical values, guided by a sense of social responsibility and public interest.
8 Analyzes the administrative structure and functioning of central and local public institutions in Türkiye.
Relations with Education Attainment Program Course Competencies
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
Recommended Sources
Ders Kitabı veya Notu Ders Kitabı veya Ders Notu bulunmamaktadır.
Diğer Kaynaklar
  • Zeynel Dinler, İktisada Giriş, Ekin Yayınları, İstanbul, 2010.
  • Ünsal, E. M., 2016. “İktisada Giriş”, BB101 Yayınları, Ankara
Evaluation Method
Güz Dönemi
Responsible Personnel Grup Evaluation Method Percentage
Prof. Dr. ŞERİF CANBAY A Grubu Vize 40.00
Prof. Dr. ŞERİF CANBAY A Grubu Final 60.00
Toplam 100.00
Prof. Dr. ŞERİF CANBAY B Grubu Vize 40.00
Prof. Dr. ŞERİF CANBAY B Grubu Final 60.00
Toplam 100.00
ECTS credits and course workload
ECTS credits and course workload Quantity Duration (Hour) Total Workload (Hour)
Ders İçi
Class Hours 14 3 42
Sınavlar
Midterm 1 35 35
Quiz 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