Economics (English)
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

Course Introduction and Application Information

Course Code: ECO002
Course Name: Advanced Microeconomics
Semester: Fall
Course Credits:
ECTS
5
Language of instruction: English
Course Condition:
Does the Course Require Work Experience?: No
Type of course: Departmental Elective
Course Level:
Bachelor TR-NQF-HE:6. Master`s Degree QF-EHEA:First Cycle EQF-LLL:6. Master`s Degree
Mode of Delivery: Face to face
Course Coordinator: Dr. Öğr. Üy. İLAYDA İSABETLİ FİDAN
Course Lecturer(s):
Course Assistants:

Course Objective and Content

Course Objectives: The aim of the course is provide students with the knowledge of core concepts and models in the field of microeconomics.
Course Content: Consumer and producer behavior, partial and general equilibrium, behavior under uncertainty, game theory and asymmetric information.

Learning Outcomes

The students who have succeeded in this course;
1) Have an advanced level of knowledge on the main methods of microeconomic theory.
2) Spesifik problemleri mikroekonomik modelleri kullanarak çözebilir.
3) Use microeconomic models to analyze real-world phenomena.

Course Flow Plan

Week Subject Related Preparation
1) Consumer Theory
2) Consumer Theory
3) Consumer Theory
4) Producer Theory
5) Producer Theory
6) Producer Theory
7) Uncertainty
8) MIDTERM
9) Perfect Competitive Market
10) Monopolistic Market
11) Oligopoly
12) Basic Concepts of Game Theory
13) Externalities and Public Goods
14) Asymmetric Information

Sources

Course Notes / Textbooks: Advanced Microeconomic Theory, Jehle & Reny
References: Microeconomic Theory, Mas-Colell, Whinston and Green

Course - Program Learning Outcome Relationship

Course Learning Outcomes

1

2

3
Program Outcomes
1) They have a broad and interdisciplinary perspective on economics using other social sciences and mathematics. 2 2 2
2) They have knowledge and skill about different functions and interactions of economy. 3 3 3
3) They use different theoretical approaches to comprehend and solve various economic problems. 3 3 3
4) They are aware of the needs of society and use their knowledge of economics to meet these needs. 2 2 2
5) They have in-depth knowledge on the current issues of the Turkish economy and the global economy. 2 2 2
6) They have in-depth knowledge on the history of the Turkish economy and basic level knowledge on the history of the global economy. 1 1 1
7) Using various statistical techniques and numerical methods, they establish correct economic models and make analyzes by using statistical programs effectively. 3 3 3
8) They use a foreign language at least at the B1 General Level in terms of European Language Portfolio criteria according to the level of education. 2 2 2
9) They improve their skills of teamwork, negotiation, leadership and entrepreneurship. 1 1 1
10) They have universal ethical values, social responsibility awareness and adequate knowledge of business law. 2 2 2
11) Being able to develop positive attitudes with regards to lifelong learning, they identify their individual learning needs and carry out studies to fulfil them. 3 3 3
12) They express their ideas and solution proposals concerning their field both written and orally, and present and publish them on both national and international platforms. 3 3 3
13) They use information and communication technologies together with a computer software required by the field at least at advanced level of European Computer Driving License . 1 1 1

Course - Learning Outcome Relationship

No Effect 1 Lowest 2 Average 3 Highest
       
Program Outcomes Level of Contribution
1) They have a broad and interdisciplinary perspective on economics using other social sciences and mathematics. 3
2) They have knowledge and skill about different functions and interactions of economy. 3
3) They use different theoretical approaches to comprehend and solve various economic problems. 3
4) They are aware of the needs of society and use their knowledge of economics to meet these needs. 3
5) They have in-depth knowledge on the current issues of the Turkish economy and the global economy. 1
6) They have in-depth knowledge on the history of the Turkish economy and basic level knowledge on the history of the global economy. 1
7) Using various statistical techniques and numerical methods, they establish correct economic models and make analyzes by using statistical programs effectively. 3
8) They use a foreign language at least at the B1 General Level in terms of European Language Portfolio criteria according to the level of education. 2
9) They improve their skills of teamwork, negotiation, leadership and entrepreneurship. 1
10) They have universal ethical values, social responsibility awareness and adequate knowledge of business law. 1
11) Being able to develop positive attitudes with regards to lifelong learning, they identify their individual learning needs and carry out studies to fulfil them. 3
12) They express their ideas and solution proposals concerning their field both written and orally, and present and publish them on both national and international platforms. 3
13) They use information and communication technologies together with a computer software required by the field at least at advanced level of European Computer Driving License . 2

Assessment & Grading

Semester Requirements Number of Activities Level of Contribution
Homework Assignments 2 % 30
Midterms 1 % 30
Final 1 % 40
total % 100
PERCENTAGE OF SEMESTER WORK % 60
PERCENTAGE OF FINAL WORK % 40
total % 100

Workload and ECTS Credit Calculation

Activities Number of Activities Preparation for the Activity Spent for the Activity Itself Completing the Activity Requirements Workload
Course Hours 14 1 3 56
Homework Assignments 2 10 1 22
Midterms 1 15 1 16
Final 1 25 1 26
Total Workload 120