Description of Individual Course Units
Course Unit CodeCourse Unit TitleType of Course UnitYear of StudySemesterNumber of ECTS Credits
İKT640MARKETS AND COMPETITIONCompulsory125
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
1Basic economic approaches and theories related to the structure of markets are learned.
Mode of Delivery
Formal Education
Prerequisites and co-requisities
Recommended Optional Programme Components
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
WeekTheoreticalPracticeLaboratory
1Perfect Competition Market Assumptions
2Perfectly Competitive Firm Equilibrium
3Short and Long Run Market Equilibrium
4Economies of Scale
5Effectiveness in Perfect Competition
6Monopoly Market
7Demand and Income in the Monopoly Market
8Price discrimination
9Equilibrium and market examples in the monopoly market
10Monopolistic Competition Market and Features
11Effectiveness in the Monopolistic Competition Market
12Oligopoly market and structure
13Approaches to Measuring Market Power
14Classical Oligopoly Models
15Cartel, Price Competition and Competitive Markets
16Competition Policies
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
Assessment Methods and Criteria
Term (or Year) Learning ActivitiesQuantityWeight
SUM0
End Of Term (or Year) Learning ActivitiesQuantityWeight
SUM0
Yarıyıl (Yıl) İçi Etkinlikleri40
Yarıyıl (Yıl) Sonu Etkinlikleri60
SUM100
Language of Instruction
Turkish
Work Placement(s)
Workload Calculation
ActivitiesNumberTime (hours)Total Work Load (hours)
Midterm Examination111
Final Examination111
Attending Lectures16348
Self Study16348
Individual Study for Mid term Examination11010
Individual Study for Final Examination11212
Reading15230
TOTAL WORKLOAD (hours)150
Contribution of Learning Outcomes to Programme Outcomes
PO
1
PO
2
PO
3
PO
4
PO
5
PO
6
PO
7
PO
8
PO
9
PO
10
PO
11
PO
12
PO
13
PO
14
LO155455444444444
* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High
 
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