Course Information
Course Title Code Semester T + P ECTS
Microeconomics IKT106 2 3 + 0 4

Prerequisites None

Language Turkish
Level Bachelor's Degree
Type Compulsory
Coordinator Assist.Prof. FERDİ KESİKOĞLU
Instructors Assist.Prof. ARZU TAY BAYRAMOĞLU
Goals This course aims to give students information and the market economy and entry-level micro-economic approach to analyze a variety of skills.
Contents Demand theory: cardinal, ordinal approaches, explained the preferences hypothesis, the utility function, demand and supply elasticities,markets.
Work Placement(s) Absent

Number Learning Outcomes
1 Understands the basic concepts of micro notions
2 Understand the importance of the consumer and producer in microeconomics.
3 Analyze the role of market mechanism in resource allocation
4 Explain the economic literature, the language of economic events and issues
5 Analyze economy, according to the type of markets.

Mode of Delivery Face-to-Face
Planned Learning Activities & Teaching Methods lecture, question-answer, case study
Assessment Methods exam



Course Content
Week Topics Study Materials
1 Basic concepts, methods, economic analysis Should read the course material about the topic
2 Utility: ordinal and cardinal Utilitarian Should read the course material about the topic and, if there is, should done homework.
3 Indifference Curve and Consumer Equilibrium Should read the course material about the topic and, if there is, should done homework.
4 Demand, market demand and elasticity Should read the course material about the topic and, if there is, should done homework.
5 Income and substitution elasticities Should read the course material about the topic and, if there is, should done homework.
6 Supply Theory, Production Function and the Law of Diminishing Returns Should read the course material about the topic and, if there is, should done homework.
7 The lowest cost of production (the choice of the optimal combination of factors) Should read the course material about the topic and, if there is, should done homework.
8 Theory of Cost and Supply Analysis Should read the course material about the topic and, if there is, should done homework.
9 Perfectly competitive market equilibrium Should read the course material about the topic and, if there is, should done homework.
10 Monopoly market Should read the course material about the topic and, if there is, should done homework.
11 Monopolistic competition market Should read the course material about the topic and, if there is, should done homework.
12 Oligopoly Should read the course material about the topic and, if there is, should done homework.
13 Factor markets Should read the course material about the topic and, if there is, should done homework.
14 General Equilibrium, Welfare Economics Should read the course material about the topic and, if there is, should done homework.



Sources
Textbook Dinler, Zeynel (2013): Mikro Ekonomi, Ekin Kitapevi, Bursa.
Additional Resources Ünsal, Erdal (2010): Mikro İktisat, Ankara Üniversitesi Yayınları, Ankara. Bulmuş, İsmail:Mikro İktisat



Assessment System Quantity Percentage
In-Term Studies
Mid-terms 1 40
In-Term Total 1 40
Contribution of In-Term Studies to Overall 40
Contribution of Final Exam to Overall 60
Total 100





Course's Contribution to PLO
No Key Learning Outcomes Level
1 2 3 4 5
1 Have advanced knowledge in the field of working life x
2 Information in the field of working life has the ability to transfer employees and colleagues. x
3 The decision on the application and the behavior of his working life to interpret the information acquired through the use of the data, to analyze, to bring the has the ability to define problems and solutions. x
4 Do research and work on issues related to working life. x
5 The project meets the objectives of the Project Coordinator or the participant takes responsibility. x
6 Organization / Institution determines the objectives. x
7 Employee-employer relations, critically evaluates the acquired knowledge and skills. x
8 Indicates that the comprehension of the need for continuity of learning x
9 The level of knowledge and skills related to the field of Labor Economics thoughts and pass the written and oral proposals concerned. x
10 Effective stake holders in the field of professional communication. x
11 Working relationships required by the European Computer Driving Licence Advanced Level at least with computer software uses information and communication technologies. x
12 At least one foreign language knowledge in the field using the European Language Portfolio B1 General level monitors and communicates with colleagues. x
13 Employee-employer relations, the organization / institution, business, and act in accordance with social ethics. x
14 Analyze and executes effective working relationships within the organization. x
15 Has the ability to be able to encourage innovations in working life. x
16 Working relationships to the organization / institution for the critical thinker. x
17 Social rights, social justice, quality and cultural values, environmental protection, occupational health and safety issues are conscious. x



ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
Activities Quantity Duration (Hour) Total Work Load (h)
Course Duration 14 3 42
Hours for off-the-classroom study (Pre-study, practice) 14 3 42
Mid-terms 1 15 15
Final examination 1 24 24
Total Work Load (h) 123
Total Work Load / 30 (h) 4.1
ECTS Credit of the Course 4