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COURSE INFORMATION
Course CodeCourse TitleL+P HourSemesterECTS
SER 114MICRO ECONOMY4 + 03rd Semester6

COURSE DESCRIPTION
Course Level Bachelor's Degree
Course Type Compulsory
Course Objective The main aim of this lesson is to provide some basic economical analysis techniques and analysis instruments in a systematical way. So, in this lecture, theoritical and numerical problems will be subject to solve based on these analyses techniques and instruments.
Course Content The Micro Economics Concept, Market Mechanism, Various Market Demand Curves, Demand and Supply Elasticities Diagrams and Applications, The Consumer Theorem Applications, Nonstandart Indifference Curves, The Effect of Income and Price Changes on Consumer Behaviour, Substitution and Income Effects, Production Theory, Producer Equilibrium Applications, Expansion Path, Substitution and Output Effects, Production Costs Applications, Returns to Scale, Perfect Competition Markets and Price Determination in The Market, Cost Differences, Short and Long Run Equilibrium for Firms, Monopoly Markets and Monopolist Firm Revenues and its Applications, Price Discrimination in Monopoly Markets and its Applications, Oligopoly Markets, Kinked Demand Curve Model, Short Run and Long Run Equilibriums in Monopolist Competition, The pricing decision of production factors, General Equilibrium and Welfare Economics will be discussed as the main topics during the semester
Prerequisites No the prerequisite of lesson.
Corequisite No the corequisite of lesson.
Mode of Delivery Face to Face

COURSE LEARNING OUTCOMES
1Students inference about flexibility, researches factor markets
2Also evaluates financial market as a type of market type
3The Consumer Theorem Applications
4Empowers theoretical knowledge by detailed and progressive numerical examples and by this way students’ basic ability of analyze get improved and strengthened. Observes individuals, firms and market behavior.
5By the help of the lesson, the students that obtained basic theoretical knowledge in economic dimension can observe national and international general economic developments, evaluate indicators and inference.

COURSE'S CONTRIBUTION TO PROGRAM
PO 01PO 02PO 03PO 04PO 05PO 06PO 07PO 08PO 09PO 10
LO 00112323 3   
LO 002  33      
LO 003  23      
LO 00434444 3 32
Sub Total4612127 6 32
Contribution1122101010

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
ActivitiesQuantityDuration (Hour)Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)14456
Hours for off-the-classroom study (Pre-study, practice)14684
Mid-terms166
Final examination11010
Total Work Load

ECTS Credit of the Course






156

6
COURSE DETAILS
 Select Year   


 Course TermNoInstructors
Details 2020-2021 Fall1ERTÜRK ALPTEKİN


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Course Details
Course Code Course Title L+P Hour Course Code Language Of Instruction Course Semester
SER 114 MICRO ECONOMY 4 + 0 1 Turkish 2020-2021 Fall
Course Coordinator  E-Mail  Phone Number  Course Location Attendance
UBYO A0017 %70
Goals The main aim of this lesson is to provide some basic economical analysis techniques and analysis instruments in a systematical way. So, in this lecture, theoritical and numerical problems will be subject to solve based on these analyses techniques and instruments.
Content The Micro Economics Concept, Market Mechanism, Various Market Demand Curves, Demand and Supply Elasticities Diagrams and Applications, The Consumer Theorem Applications, Nonstandart Indifference Curves, The Effect of Income and Price Changes on Consumer Behaviour, Substitution and Income Effects, Production Theory, Producer Equilibrium Applications, Expansion Path, Substitution and Output Effects, Production Costs Applications, Returns to Scale, Perfect Competition Markets and Price Determination in The Market, Cost Differences, Short and Long Run Equilibrium for Firms, Monopoly Markets and Monopolist Firm Revenues and its Applications, Price Discrimination in Monopoly Markets and its Applications, Oligopoly Markets, Kinked Demand Curve Model, Short Run and Long Run Equilibriums in Monopolist Competition, The pricing decision of production factors, General Equilibrium and Welfare Economics will be discussed as the main topics during the semester
Topics
WeeksTopics
1 Applications of Consumer Theory
2 Applications of Producer Theory
3 Cost Theory
4 Supply Analysis
5 Applications of Price Theory - Equilibrium in Perfectly Competitive Market
6 Firm balance in Perfectly Competitive Market
7 Midterm Exam
8 Types of Imperfect Competition
9 Monopolistic Firm Balance
10 Monopolistic Competition Market
11 Oligopolistic Firm Balance
12 Production Factor Price Analysis
13 General Equilibrium,Welfare Economics
14 General Equilibrium,Welfare Economics
Materials
Materials are not specified.
Resources
Course Assessment
Assesment MethodsPercentage (%)Assesment Methods Title
Final Exam60Final Exam
Midterm Exam40Midterm Exam
L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes