Course Detail
Course Description
Course | Code | Semester | T+P (Hour) | Credit | ECTS |
---|
MICROECONOMICS | ECO1124450 | Fall Semester | 3+0 | 3 | 6 |
Prerequisites Courses | |
Recommended Elective Courses | |
Language of Course | English |
Course Level | First Cycle (Bachelor's Degree) |
Course Type | Required |
Course Coordinator | |
Name of Lecturer(s) | Prof.Dr. Rana ATABAY KUŞÇU |
Assistant(s) | |
Aim | This course aims to explain fundamental concepts of economics, supply, demand, consumer behaviour, the theory of firm, and markets. |
Course Content | This course contains; Introduction to Economics,Fundamental Concepts in Microeconomics,Supply and Demand,Market Equilibrium,Elasticity,Household Behavior and Consumer Choice,Production Process,Short-Run Costs,Long-Run Costs,Factor Markets,Perfect Competition,Monopoly,Oligopoly and Monopolistic Competition,Review. |
Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
1. Will be able to explain basic concepts of microeconomics. | 13, 16, 9 | A |
1.1. Define basic concepts | 13, 16, 9 | A |
1.2. Relate these concepts with the real life. | 13, 16, 9 | A |
2. Will be able to explains the formation of price and quantity in economics. | 12, 13, 16, 9 | A |
2.1. Analyse factors that affect price and quantity | 12, 13, 16, 9 | A |
2.2. Evaluate the effects of public policies | 12, 13, 16, 9 | A |
3. Will be able to nalyses consumer behavior. | 12, 13, 16, 9 | A |
3.1. Analyse the concept of utility | 12, 13, 16, 9 | A |
3.2. Analyse the effect of budget constraints. | 12, 13, 16, 9 | A |
4. Will be able to analyses firm behavior | 12, 13, 16, 9 | A |
4.1. Analyse production technologies | 12, 13, 16, 9 | A |
4.2. Analyse different types of cost | 12, 13, 16, 9 | A |
4.3. Analyse the concept of profit | 12, 13, 16, 9 | A |
5. will able to evaluates the markets. | 12, 13, 16, 9 | A |
5.1. Recognize types of markets | 12, 13, 16, 9 | A |
5.2. Analyse the formation of market prices. | 12, 13, 16, 9 | A |
5.3. Compare different markets | 12, 13, 16, 9 | A |
Teaching Methods: | 12: Problem Solving Method, 13: Case Study Method, 16: Question - Answer Technique, 9: Lecture Method |
Assessment Methods: | A: Traditional Written Exam |
Course Outline
Order | Subjects | Preliminary Work |
---|
1 | Introduction to Economics | |
2 | Fundamental Concepts in Microeconomics | |
3 | Supply and Demand | |
4 | Market Equilibrium | |
5 | Elasticity | |
6 | Household Behavior and Consumer Choice | |
7 | Production Process | |
8 | Short-Run Costs | |
9 | Long-Run Costs | |
10 | Factor Markets | |
11 | Perfect Competition | |
12 | Monopoly | |
13 | Oligopoly and Monopolistic Competition | |
14 | Review | |
Resources |
- Case Fair and Oster, Pearson 2016
- Principles of Economics |
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications |
No | Program Qualification | Contribution Level |
1 | 2 | 3 | 4 | 5 |
1 | (S)he describes theoretical knowledge in economics and finance. | | | | | X |
2 | (S)he explains mathematical and statistical methods needed for economics and finance. | X | | | | |
3 | (S)he uses at least one computer program utilized for economic and financial analyses (SPSS, Eviews, STATA, R ve MATLAB). | | | | | |
4 | (S)he has the foreign language proficiency necessary for economics and finance. | | | | | |
5 | (S)he develops projects in the field and handles team work. | | | | | |
6 | (S)he develops (her) his awareness of lifetime learning, follows the developments in (her) his field and adopts a critical approach. | X | | | | |
7 | (S)he uses theoretical and practical knowledge on economics and finance. | | | X | | |
8 | (S)he delivers (her) his opinions by making effective use of modern technologies and of at least one foreign language at a minimum level of level C1. | | | | | |
9 | (S)he adopts and uses organizational, corporate and social ethical values. | | | | | |
10 | (S)he adopts principles of social responsibility and acts whenever needed in light of social service sensitivity. | | | | | |
11 | (S)he analyzes and uses basic knowledge and data regarding different disciplines to conduct inter-disciplinary studies. | | | | | |
12 | (S)he benefits from (her) his proficiency in economics and finance to make policy suggestions and contribute to the field. | | X | | | |
Assessment Methods
Contribution Level | Absolute Evaluation |
Rate of Midterm Exam to Success | | 40 |
Rate of Final Exam to Success | | 60 |
Total | | 100 |
ECTS / Workload Table |
Activities | Number of | Duration(Hour) | Total Workload(Hour) |
Course Hours | 14 | 3 | 42 |
Guided Problem Solving | 0 | 0 | 0 |
Resolution of Homework Problems and Submission as a Report | 2 | 10 | 20 |
Term Project | 0 | 0 | 0 |
Presentation of Project / Seminar | 0 | 0 | 0 |
Quiz | 2 | 15 | 30 |
Midterm Exam | 1 | 31 | 31 |
General Exam | 1 | 52 | 52 |
Performance Task, Maintenance Plan | 0 | 0 | 0 |
Total Workload(Hour) | 175 |
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(175/30) | 6 |
ECTS of the course: 30 hours of work is counted as 1 ECTS credit. |
Detail Informations of the Course
Course Description
Course | Code | Semester | T+P (Hour) | Credit | ECTS |
---|
MICROECONOMICS | ECO1124450 | Fall Semester | 3+0 | 3 | 6 |
Prerequisites Courses | |
Recommended Elective Courses | |
Language of Course | English |
Course Level | First Cycle (Bachelor's Degree) |
Course Type | Required |
Course Coordinator | |
Name of Lecturer(s) | Prof.Dr. Rana ATABAY KUŞÇU |
Assistant(s) | |
Aim | This course aims to explain fundamental concepts of economics, supply, demand, consumer behaviour, the theory of firm, and markets. |
Course Content | This course contains; Introduction to Economics,Fundamental Concepts in Microeconomics,Supply and Demand,Market Equilibrium,Elasticity,Household Behavior and Consumer Choice,Production Process,Short-Run Costs,Long-Run Costs,Factor Markets,Perfect Competition,Monopoly,Oligopoly and Monopolistic Competition,Review. |
Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
1. Will be able to explain basic concepts of microeconomics. | 13, 16, 9 | A |
1.1. Define basic concepts | 13, 16, 9 | A |
1.2. Relate these concepts with the real life. | 13, 16, 9 | A |
2. Will be able to explains the formation of price and quantity in economics. | 12, 13, 16, 9 | A |
2.1. Analyse factors that affect price and quantity | 12, 13, 16, 9 | A |
2.2. Evaluate the effects of public policies | 12, 13, 16, 9 | A |
3. Will be able to nalyses consumer behavior. | 12, 13, 16, 9 | A |
3.1. Analyse the concept of utility | 12, 13, 16, 9 | A |
3.2. Analyse the effect of budget constraints. | 12, 13, 16, 9 | A |
4. Will be able to analyses firm behavior | 12, 13, 16, 9 | A |
4.1. Analyse production technologies | 12, 13, 16, 9 | A |
4.2. Analyse different types of cost | 12, 13, 16, 9 | A |
4.3. Analyse the concept of profit | 12, 13, 16, 9 | A |
5. will able to evaluates the markets. | 12, 13, 16, 9 | A |
5.1. Recognize types of markets | 12, 13, 16, 9 | A |
5.2. Analyse the formation of market prices. | 12, 13, 16, 9 | A |
5.3. Compare different markets | 12, 13, 16, 9 | A |
Teaching Methods: | 12: Problem Solving Method, 13: Case Study Method, 16: Question - Answer Technique, 9: Lecture Method |
Assessment Methods: | A: Traditional Written Exam |
Course Outline
Order | Subjects | Preliminary Work |
---|
1 | Introduction to Economics | |
2 | Fundamental Concepts in Microeconomics | |
3 | Supply and Demand | |
4 | Market Equilibrium | |
5 | Elasticity | |
6 | Household Behavior and Consumer Choice | |
7 | Production Process | |
8 | Short-Run Costs | |
9 | Long-Run Costs | |
10 | Factor Markets | |
11 | Perfect Competition | |
12 | Monopoly | |
13 | Oligopoly and Monopolistic Competition | |
14 | Review | |
Resources |
- Case Fair and Oster, Pearson 2016
- Principles of Economics |
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications |
No | Program Qualification | Contribution Level |
1 | 2 | 3 | 4 | 5 |
1 | (S)he describes theoretical knowledge in economics and finance. | | | | | X |
2 | (S)he explains mathematical and statistical methods needed for economics and finance. | X | | | | |
3 | (S)he uses at least one computer program utilized for economic and financial analyses (SPSS, Eviews, STATA, R ve MATLAB). | | | | | |
4 | (S)he has the foreign language proficiency necessary for economics and finance. | | | | | |
5 | (S)he develops projects in the field and handles team work. | | | | | |
6 | (S)he develops (her) his awareness of lifetime learning, follows the developments in (her) his field and adopts a critical approach. | X | | | | |
7 | (S)he uses theoretical and practical knowledge on economics and finance. | | | X | | |
8 | (S)he delivers (her) his opinions by making effective use of modern technologies and of at least one foreign language at a minimum level of level C1. | | | | | |
9 | (S)he adopts and uses organizational, corporate and social ethical values. | | | | | |
10 | (S)he adopts principles of social responsibility and acts whenever needed in light of social service sensitivity. | | | | | |
11 | (S)he analyzes and uses basic knowledge and data regarding different disciplines to conduct inter-disciplinary studies. | | | | | |
12 | (S)he benefits from (her) his proficiency in economics and finance to make policy suggestions and contribute to the field. | | X | | | |
Assessment Methods
Contribution Level | Absolute Evaluation |
Rate of Midterm Exam to Success | | 40 |
Rate of Final Exam to Success | | 60 |
Total | | 100 |
Numerical Data
Ekleme Tarihi: 09/10/2023 - 08:45Son Güncelleme Tarihi: 09/10/2023 - 08:48
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