Undergraduate
Faculty of Economic and Administrative Sciences
Business Administration
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Micro Economics

Course CodeSemester Course Name LE/RC/LA Course Type Language of Instruction ECTS
ISL2005 2 Micro Economics 2/2/0 CC Turkish 5
Course Goals

The aim of the course is to make students have knowledge about basic microeconomic models.

Prerequisite(s) None
Corequisite(s) None
Special Requisite(s) None
Instructor(s) Assist. Prof. Dr. Derya Bilgin
Course Assistant(s)
Schedule Tuesday, 13:00-14:50(Theory), Thursday 9:00-10:50
Office Hour(s) Thursday, 13:00-14:00 BK B609
Teaching Methods and Techniques Oral Presentation, Discussion, Applying and Practice
Principle Sources

Ünsal,M.E.(2007), Mikro İktisat, imaj Yayınları

Türkay, O. (2007) Mikro İktisat Teorisi , İmaj Yayınları

Other Sources
Course Schedules
Week Contents Learning Methods
1. Week Introduction to Microeconomics Oral Presentation
2. Week Consumer Preferences, Indifference Curves, Budget Constraints Oral Presentation
3. Week Utility, Choice: The Consumer's Maximization Problem Oral Presentation
4. Week Demand and Supply Oral Presentation
5. Week Elasticity Oral Presentation
6. Week Market Equilibrium Oral Presentation
7. Week Production Theory Oral Presentation
8. Week Production Theory Oral Presentation
9. Week Production Theory Oral Presentation
10. Week Cost Theory Oral Presentation
11. Week Production and Pricing in a Perfect Competition Market Oral Presentation
12. Week Production and Pricing in the Monopoly Market Oral Presentation
13. Week Oligopoly and Duopoly Oral Presentation
14. Week Equilibrium in the Labor Market Discussion, Applying and Practice
15. Week Final Assessment
16. Week Final Assessment
17. Week Final Assessment
Assessments
Evaluation tools Quantity Weight(%)
Midterm(s) 1 30
Quizzes 1 10
Final Exam 1 60


Program Outcomes
PO-1Demonstrates a basic level of understanding in related disciplines (such as economics, sociology, psychology, quantitative sciences, etc.) that form a foundation for business administration, and makes use of and applies them to the field of business.
PO-2Applies mathematical, scientific and social knowledge to business problems.
PO-3Demonstrates a basic level of understanding in business functions and management (such as management, production, marketing, accounting, finance, human resources, behavioural sciences, etc.) and interprets the theoretical arguments focusing on interactions between the actors and the cultures in the field.
PO-4Determines how to use acquired theoretical and practical knowledge and skills related to business in application and field analysis and applies them.
PO-5Identifies and evaluates the relations in the field of business; describes the problems and presents analytical solutions through modelling and interpreting (critical thinking).
PO-6Designs a business process in any functional stage that complies with identified objectives.
PO-7Develops effective business communication skills (written-verbal/formal-informal).
PO-8 Owns effective working skills individually or on a team in business and multidisciplinary fields.
PO-9Acts with a sense of professional and ethical responsibility.
PO-10Improves effective verbal and written communication skills in Turkish, and acquires competence in minimum one foreign language.
Learning Outcomes
LO-1Discuss micro economical concepts
LO-2Identify micro and macro ecomomics
LO-3Examine the opportunity cost, production possibilities curve and economic profit
LO-4Learn Demand and Supply
LO-5Learn elasticity concepts
LO-6Discuss utility concepts
LO-7Discuss industrial structures
LO-8Learn pure competition factors
LO-9Discuss monopolistic competition
LO-10Learn oligopoly
LO-11Discuss monopoly
LO-12Discuss the importance of team work
Course Assessment Matrix:
Program Outcomes - Learning Outcomes Matrix
 PO 1PO 2PO 3PO 4PO 5PO 6PO 7PO 8PO 9PO 10
LO 1
LO 2
LO 3
LO 4
LO 5
LO 6
LO 7
LO 8
LO 9
LO 10
LO 11
LO 12