Microeconomic Theory II (ECON210) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Microeconomic Theory II ECON210 3 0 0 3 6
Pre-requisite Course(s)
ECON 201-ECON 209
Course Language English
Course Type N/A
Course Level Bachelor’s Degree (First Cycle)
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Discussion, Question and Answer, Problem Solving.
Course Coordinator
Course Lecturer(s)
  • Prof. Dr. Tolga Omay
Course Assistants
Course Objectives 1. To introduce the basic concepts and relations of microeconomics at the intermediate level. 2. To endow the students with the required analytical tools to evaluate and comment on Turkish and World economy 3. To prepare the students for further studies
Course Learning Outcomes The students who succeeded in this course;
  • 1. To learn the basic concepts and relations of microeconomics at the intermediate level.
  • To gain the required analytical tools to evaluate and comment on Turkish and World economy
Course Content Production functions, cost functions, profit maximization, competitive markets, monopoly, imperfect competition, labor and capital markets, general equilibrium and welfare.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 A General Review of ECON 201 and ECON 209
2 Monopoly Mathis ve Koscianski, s.383-409
3 Additional Topics Related to Monopoly Mathis ve Koscianski, s.410-441
4 Additional Topics Related to Monopoly Mathis ve Koscianski, s. 410-441
5 Oligopoly Mathis ve Koscianski, s. 410-441
6 Oligopoly Mathis and Koscianski, s. 442-474
7 Application of Game Theory to Oligopolistic Firm Behavior Mathis ve Koscianski, s. 475-501
8 Midterm Exam
9 Monopolistic competition Mathis ve Koscianski, s. 515-551
10 Demand for Labor Mathis and Koscianski, p. 515-551
11 Demand for Labor Mathis ve Koscianski, s. 552-577
12 Supply of Labor Mathis and Koscianski, p. 552-577
13 Capital Markets Mathis ve Koscianski, s. 615-635
14 General Equilibrium Analysis in an Exchange Economy Mathis ve Koscianski, s. 636-660
15 General Equilibrium Analysis in an Economy with Production and Exchange Mathis ve Koscianski, s. 636-660
16 Final Exam


Course Book 1. Microeconomic Theory: Basic Principles and Extensions, Christopher Snyder and Walter Nicholson , 9th Edition, Thomson Higher Education, USA.,2008.
2. Microeconomic Theory: An Integrated Approach; Stephen Mathis and Janet Koscianski; Prentice Hall; New Jersey; 2002.
3. Intermediate Microeconomics, Hal R. Varian, 5th Edition, W. W. Norton  Company, New York and London, 2005

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation 1 5
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics 1 5
Homework Assignments - -
Presentation - -
Project - -
Report - -
Seminar - -
Midterms Exams/Midterms Jury 1 40
Final Exam/Final Jury 1 50
Toplam 4 100
Percentage of Semester Work 50
Percentage of Final Work 50
Total 100

Course Category

Core Courses X
Major Area Courses
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

# Program Qualifications / Competencies Level of Contribution
1 2 3 4 5
1 Acquiring the skills of understanding, explaining, and using the fundamental concepts and methods of economics X
2 Acquiring the skills of macro level economic analysis X
3 Acquiring the skills of micro level economic analysis X
4 Understanding the formulation and implementation of economic policies at the local, national, regional, and/or global level X
5 Learning different approaches on economic and related issues X
6 Acquiring the quantitative and/or qualitative techniques in economic analysis X
7 Improving the ability to use the modern software, hardware and/or technological devices X
8 Developing intra-disciplinary and inter-disciplinary team work skills X
9 Acquiring an open-minded behavior through encouraging critical analysis, discussions, and/or life-long learning X
10 Adopting work ethic and social responsibility X
11 Developing the skills of communication. X
12 Improving the ability to effectively implement the knowledge and skills in at least one of the following areas: economic policy, public policy, international economic relations, industrial relations, monetary and financial affairs. X

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours) 16 3 48
Special Course Internship
Field Work
Study Hours Out of Class 16 5 80
Presentation/Seminar Prepration
Homework Assignments 2 5 10
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury 1 2 2
Prepration of Final Exams/Final Jury 1 2 2
Total Workload 142