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

Course Introduction and Application Information

Course Code:

ECO213

Course Name:

Microeconomics

Semester:

Fall

Course Credits:

ECTS

Language of instruction:

English

Course Condition:

Does the Course Require Work Experience?:

Type of course:

Compulsory Courses

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:

Doç. Dr. AYFER USTABAŞ

Course Lecturer(s):

Doç. Dr. AYFER USTABAŞ

Course Assistants:

Course Objective and Content

Course Objectives:	The aim of the course is to provide students with the knowledge of the fundemantal concepts of microeconomics at the introductory level.
Course Content:	Fundamental concepts of microeconomics, consumer behavior, firm behavior, perfect competitive market, monopolistic market, profit maximization.

Learning Outcomes

The students who have succeeded in this course;
1) Have an introductory level knowledge of microeconomic theory.
2) Learn the behaviors of producers and consumers at markets.
3) Have a basic understanding of production and consumption.
4) Comprehend the reasons for failures and successes of firms at markets.
5) Learn the effects of governments on markets and economic actors.

Course Flow Plan

Week	Subject	Related Preparation
1)	Markets; Market Equilibrium; Supply and Demand
2)	Markets; Market Equilibrium; Supply and Demand
3)	Budget Constraints; Preferences; Utility
4)	Consumer Theory
5)	Consumer and Producer Surplus; Efficiency of Markets
6)	Government Policies
7)	International Trade
8)	MIDTERM
9)	Factor Markets
10)	Cost Curves: Firms Supply; Costs of Production
11)	Profit Maximization; Cost Minimization; Competitive Markets
12)	Monopoly
13)	Oligopoly
14)	Monopolistic Competition

Sources

Course Notes / Textbooks:	Principles of Microeconomics, 8th ed. Cengage Learning, by N. Gregory Mankiw
References:	Intermediate Microeconomics, 9th ed. WW. Norton and Company by Hal Varian

Course - Program Learning Outcome Relationship

Course Learning Outcomes	1	2	3	4	5
Program Outcomes
1) Using other social sciences and mathematics, they have a broad and interdisciplinary perspective on business and management sciences.
1) Using other social sciences and mathematics, they have a broad and interdisciplinary perspective on business and management sciences.
2) They have knowledge and skills about different functions and interactions of the enterprise.
3) They can use different theoretical approaches to understanding and solving various business problems.
4) Being aware of the needs of society, they use business knowledge to meet these needs.
5) They have knowledge depthly about current problems of Turkey and Global Business World’s
6) They can determine the objectives of the institution in which they are involved, taking into account the market needs and economic conditions.
7) They can solve complex business problems by using various statistical techniques and numerical methods and makes analysis by using statistical programs effectively.
8) They can use a foreign language at least B1 General Level in terms of European Language Portfolio criteria according to the education level of a foreign language.
9) They can develops teamwork, negotiation, leadership and entrepreneurship skills.
10) They have the knowledge of universal ethical values, social responsibility awareness and sufficient level of labor law.
11) They can identify the individual learning needs and carries out studies to correct them by developing positive attitudes about lifelong learning.
12) They can express their ideas and solutions both written and orally, and if required they can present and publish them on both national and international platforms.
13) They use information and communication technologies together with computer software at the advanced level of European Computer Driving License required by the field.

Course - Learning Outcome Relationship

No Effect	1 Lowest	2 Average	3 Highest

	Program Outcomes	Level of Contribution
1)	Using other social sciences and mathematics, they have a broad and interdisciplinary perspective on business and management sciences.
1)	Using other social sciences and mathematics, they have a broad and interdisciplinary perspective on business and management sciences.	3
2)	They have knowledge and skills about different functions and interactions of the enterprise.	3
3)	They can use different theoretical approaches to understanding and solving various business problems.	3
4)	Being aware of the needs of society, they use business knowledge to meet these needs.	2
5)	They have knowledge depthly about current problems of Turkey and Global Business World’s	3
6)	They can determine the objectives of the institution in which they are involved, taking into account the market needs and economic conditions.	3
7)	They can solve complex business problems by using various statistical techniques and numerical methods and makes analysis by using statistical programs effectively.	3
8)	They can use a foreign language at least B1 General Level in terms of European Language Portfolio criteria according to the education level of a foreign language.	3
9)	They can develops teamwork, negotiation, leadership and entrepreneurship skills.	3
10)	They have the knowledge of universal ethical values, social responsibility awareness and sufficient level of labor law.	3
11)	They can identify the individual learning needs and carries out studies to correct them by developing positive attitudes about lifelong learning.	3
12)	They can express their ideas and solutions both written and orally, and if required they can present and publish them on both national and international platforms.	3
13)	They use information and communication technologies together with computer software at the advanced level of European Computer Driving License required by the field.

Assessment & Grading

Semester Requirements	Number of Activities	Level of Contribution
Midterms	1	% 40
Final	1	% 60
total		% 100
PERCENTAGE OF SEMESTER WORK		% 40
PERCENTAGE OF FINAL WORK		% 60
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
Study Hours Out of Class	14	0	1		14
Midterms	1	15	1		16
Final	1	25	2		27
Total Workload					113