Business Administration (English) | |||||
Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 |
Course Code: | ECO213 | ||||
Course Name: | Microeconomics | ||||
Semester: | Fall | ||||
Course Credits: |
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Language of instruction: | English | ||||
Course Condition: | |||||
Does the Course Require Work Experience?: | No | ||||
Type of course: | Compulsory Courses | ||||
Course Level: |
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Mode of Delivery: | Face to face | ||||
Course Coordinator: | Doç. Dr. AYFER USTABAŞ | ||||
Course Lecturer(s): |
Doç. Dr. AYFER USTABAŞ |
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Course Assistants: |
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. |
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. |
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 |
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 Learning Outcomes | 1 |
2 |
3 |
4 |
5 |
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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. |
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. |
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 |
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 |