| Economics (English) | |||||
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
| Course Code: | ECO202 | ||||
| Course Name: | Microeconomics 2 | ||||
| Semester: | Spring | ||||
| Course Credits: |
|
||||
| Language of instruction: | English | ||||
| Course Condition: | |||||
| Does the Course Require Work Experience?: | No | ||||
| Type of course: | Compulsory Courses | ||||
| Course Level: |
|
||||
| Mode of Delivery: | Face to face | ||||
| Course Coordinator: | Doç. Dr. AYFER USTABAŞ | ||||
| Course Lecturer(s): | İmran Emre Karagözlü | ||||
| Course Assistants: |
| Course Objectives: | Teaching the main principles and the key concepts that constitute the basis of economic policies. |
| Course Content: | Profit maximization, Competitive/Monopolistic/Oligopolistic Markets, General Equilibrium, Welfare, Game Theory, Competitive Strategy, Markets Under Asymmetric Information. |
|
The students who have succeeded in this course;
1) Learn basic information about economics and social life. 2) Understand economic models as a foundation for economic modeling techniques and make future projection. 3) Develop their inquiry and review skills. 4) Use quantitative techniques such as mathematics, statistics and econometrics on the basis of economic theory. |
| Week | Subject | Related Preparation |
| 1) | Profit Maximization and Competition | |
| 2) | Profit Maximization and Competition | |
| 3) | Analysis of Perfect Competition | |
| 4) | Analysis of Monopoly | |
| 5) | Price Discrimination | |
| 6) | Monopolistic Competition and Oligopoly | |
| 7) | General Equilibrium and Welfare | |
| 8) | MIDTERM | |
| 9) | General Equilibrium and Welfare | |
| 10) | General Equilibrium and Welfare | |
| 11) | Asymmetric Information | |
| 12) | Externalities and Public Goods | |
| 13) | PUBLIC HOLIDAY (RAMADAN FEAST) | |
| 14) | Market Structure and Strategy (Game Theory) |
| Course Notes / Textbooks: | Principles of Microeconomics - N. Gregory Mankiw |
| References: | Microeconomics - Robert S. Pindyck |
| Course Learning Outcomes | 1 |
2 |
3 |
4 |
|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Program Outcomes | |||||||||||||
| 1) They have a broad and interdisciplinary perspective on economics using other social sciences and mathematics. | 1 | 3 | 1 | 3 | |||||||||
| 2) They have knowledge and skill about different functions and interactions of economy. | 3 | 3 | 3 | 3 | |||||||||
| 3) They use different theoretical approaches to comprehend and solve various economic problems. | 3 | 3 | 3 | 3 | |||||||||
| 4) They are aware of the needs of society and use their knowledge of economics to meet these needs. | 3 | 3 | 3 | 3 | |||||||||
| 5) They have in-depth knowledge on the current issues of the Turkish economy and the global economy. | 1 | 1 | 1 | 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. | 2 | 2 | 2 | 2 | |||||||||
| 7) Using various statistical techniques and numerical methods, they establish correct economic models and make analyzes by using statistical programs effectively. | 2 | 2 | 2 | 2 | |||||||||
| 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 | 2 | |||||||||
| 9) They improve their skills of teamwork, negotiation, leadership and entrepreneurship. | 2 | 2 | 2 | 2 | |||||||||
| 10) They have universal ethical values, social responsibility awareness and adequate knowledge of business law. | 2 | 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 | 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 | 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 . | 3 | 3 | 3 | 3 | |||||||||
| 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. | 2 |
| 7) | Using various statistical techniques and numerical methods, they establish correct economic models and make analyzes by using statistical programs effectively. | 2 |
| 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. | 2 |
| 10) | They have universal ethical values, social responsibility awareness and adequate knowledge of business law. | 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 |
| 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 . | 3 |
| Semester Requirements | Number of Activities | Level of Contribution |
| Quizzes | 2 | % 20 |
| Midterms | 1 | % 30 |
| Final | 1 | % 50 |
| total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 50 | |
| PERCENTAGE OF FINAL WORK | % 50 | |
| total | % 100 | |
| Activities | Number of Activities | Preparation for the Activity | Spent for the Activity Itself | Completing the Activity Requirements | Workload | ||
| Course Hours | 14 | 1 | 3 | 56 | |||
| Study Hours Out of Class | 14 | 0 | 2 | 28 | |||
| Quizzes | 2 | 10 | 0.5 | 21 | |||
| Midterms | 1 | 20 | 1 | 21 | |||
| Final | 1 | 30 | 1 | 31 | |||
| Total Workload | 157 | ||||||