Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | İKT1242013204 | MICRO ECONOMICS | Compulsory | 1 | 2 | 5 |
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Level of Course Unit |
First Cycle |
Objectives of the Course |
The aim of the course is
• to teach fundamental concepts and hypothesis of the micro economics
• to equip students with the knowledge and skills of basic logic of micro economic graphics
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Name of Lecturer(s) |
Yrd.Doç.Nedim Dikmen |
Learning Outcomes |
1 | Genel mikro iktisat teorisi hakkında bilgili olma. | 2 | Temel ekonometri ve istatistik teorilerini mikro ve makro iktisadi problemlere çözüm üretmede kullanabilme yeteneğine sahip olma. | 3 | Genel işletme yönetimi, pazarlama, insan kaynakları idaresi, şirket finansmanı, turizm işletmeciliği ve kamu idareciliği gibi kendilerinin seçtiği fakat bölümün direkt eğitim konusuna girmeyen alanlardan birinde de uzmanlaşmaya sahip olma. | 4 | Kamu, endüstri, tarım, çevre ve doğal kaynaklar, çalışma, bilgi ve mülkiyet ekonomileri, uluslararası finans, para banka, iktisadi büyüme ve kalkınma, politik iktisat ve ekonometrik yöntemler gibi alanlardan kendilerinin seçtiği iktisadın alt dallarından dördünde uzmanlaşma hedefine sahip olma. | 5 | To have the knowledge and skills of the basic concepts of micro economics such as demand supply, production, consumer, elasticity, market etc. | 6 | Effectively be able to Use the drawing skills by graphics in order to analyze micro economic cases. | 7 | Able to explain the theory of consumer, production and different type of markets. |
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Mode of Delivery |
Formal Education |
Prerequisites and co-requisities |
None |
Recommended Optional Programme Components |
None |
Course Contents |
• Basic description, concepts and content of micro economics.
• Consumer theory: utility and consumer balance, indifference curves, budget lines, market demand analysis, elasticity and different types of elasticity.
• Production theory: function of supply and supply elasticity, function of production, productivity analysis, selection of optimal factor combination.
• Cost theory: cost and production relationship, short and long term cost of company.
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Weekly Detailed Course Contents |
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1 | Basic economic concepts | | | 2 | Capitalism and the market mechanism | | | 3 | Demand and supply | | | 4 | Elasticity of demand and supply | | | 5 | Balance in the perfect competition market | | | 6 | Cardinal Utility and the Consumer Balance | | | 7 | Consumer Preferences and Indifference Curves | | | 8 | Mid-term Exam | | | 9 |
Special Cases in the theory of indifference curves
| | | 10 | Utility maximisation and consumer preferences | | | 11 |
Production Function in the short term | | | 12 | Production Function in the long term | | | 13 | Utility maximisation | | | 14 | The analysis of production cost in the short term | | | 15 | The analysis of production cost in the short term | | | 16 | Final exam | | |
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Recommended or Required Reading |
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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) | None |
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Workload Calculation |
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Midterm Examination | 1 | 2 | 2 |
Final Examination | 1 | 2 | 2 |
Attending Lectures | 14 | 1 | 14 |
Question-Answer | 8 | 1 | 8 |
Self Study | 14 | 6 | 84 |
Individual Study for Homework Problems | 6 | 1 | 6 |
Individual Study for Mid term Examination | 8 | 2 | 16 |
Individual Study for Final Examination | 4 | 2 | 8 |
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Contribution of Learning Outcomes to Programme Outcomes |
LO1 | 2 | 2 | 3 | 2 | 3 | 2 | 3 | 2 | 3 | 3 | 3 | 2 | 3 | 3 | 3 | LO2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | LO3 | 2 | 3 | 3 | 3 | 3 | 2 | 3 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | LO4 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | LO5 | 3 | 2 | 3 | 2 | 3 | 2 | 3 | 2 | 3 | 3 | 3 | 2 | 3 | 3 | 3 | LO6 | 2 | 2 | 3 | 2 | 3 | 2 | 3 | 2 | 3 | 3 | 3 | 2 | 3 | 3 | 3 | LO7 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
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* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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