Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | İKT640 | MARKETS AND COMPETITION | Compulsory | 1 | 2 | 5 |
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Level of Course Unit |
Second Cycle |
Objectives of the Course |
It is aimed to give information on the structure of markets, which are important component of Economics, how the firms behave in markets, the intensity of competition in markets, types of markets, and theories of equilibrium price in markets. |
Name of Lecturer(s) |
Doç. Dr. Seval MUTLU ÇAMOĞLU |
Learning Outcomes |
1 | Basic economic approaches and theories related to the structure of markets are learned. |
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Mode of Delivery |
Formal Education |
Prerequisites and co-requisities |
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Recommended Optional Programme Components |
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Course Contents |
Perfect competition and imperfect competition, monopoly, monopoly in price discrimination, monopolistic competition, oligopoly models, market samples and merger, regulation and competition policy for the market, competition policy and practices in the world and Turkey. |
Weekly Detailed Course Contents |
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1 | Perfect Competition Market Assumptions | | | 2 | Perfectly Competitive Firm Equilibrium | | | 3 | Short and Long Run Market Equilibrium | | | 4 | Economies of Scale | | | 5 | Effectiveness in Perfect Competition | | | 6 | Monopoly Market | | | 7 | Demand and Income in the Monopoly Market | | | 8 | Price discrimination | | | 9 | Equilibrium and market examples in the monopoly market | | | 10 | Monopolistic Competition Market and Features | | | 11 | Effectiveness in the Monopolistic Competition Market | | | 12 | Oligopoly market and structure | | | 13 | Approaches to Measuring Market Power | | | 14 | Classical Oligopoly Models | | | 15 | Cartel, Price Competition and Competitive Markets | | | 16 | Competition Policies | | |
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Recommended or Required Reading |
1. Dündar Murat Demiröz. Mikro İktisat II. İstanbul Üniversitesi Açık Ve Uzaktan Eğitim Fakültesi https://yokdersleri.yok.gov.tr/
2. Selim Adem Hatırlı (2019). Mikro Ekonomi, Beyazıt Kitabevi Yayınları
3. İsmail Bulmuş, Mikro İktisat. |
Planned Learning Activities and Teaching Methods |
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Assessment Methods and Criteria | |
SUM | 0 | |
SUM | 0 | Yarıyıl (Yıl) İçi Etkinlikleri | 40 | Yarıyıl (Yıl) Sonu Etkinlikleri | 60 | SUM | 100 |
| Language of Instruction | Turkish | Work Placement(s) | |
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Workload Calculation |
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Midterm Examination | 1 | 1 | 1 |
Final Examination | 1 | 1 | 1 |
Attending Lectures | 16 | 3 | 48 |
Self Study | 16 | 3 | 48 |
Individual Study for Mid term Examination | 1 | 10 | 10 |
Individual Study for Final Examination | 1 | 12 | 12 |
Reading | 15 | 2 | 30 |
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Contribution of Learning Outcomes to Programme Outcomes |
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* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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