ECTS - Microeconomic Theory II
Microeconomic Theory II (ECON210) Course Detail
| Course Name | Course Code | Season | Lecture Hours | Application Hours | Lab Hours | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| Microeconomic Theory II | ECON210 | 4. Semester | 3 | 0 | 0 | 3 | 6 |
| Pre-requisite Course(s) |
|---|
| N/A |
| Course Language | English |
|---|---|
| Course Type | Compulsory Departmental Courses |
| 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 Lecturer(s) |
|
| 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;
|
| 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 |
Sources
| 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 | |
|---|---|
| Major Area Courses | X |
| 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 | They acquire the skills to understand, explain, and use the basic concepts and methods of economics. | X | ||||
| 2 | Acquires macro-economic analysis skills. | X | ||||
| 3 | Acquire microeconomic analysis skills. | X | ||||
| 4 | Understands the formulation and implementation of economic policies at local, national, regional and/or global levels. | X | ||||
| 5 | Learn different approaches to the economy and economic issues. | X | ||||
| 6 | Learn qualitative and quantitative research techniques in economic analysis. | X | ||||
| 7 | Improving the ability to use modern software, hardware and/or other technological tools. | X | ||||
| 8 | Develops intra-disciplinary and inter-disciplinary team work skills. | X | ||||
| 9 | Contributes to open-mindedness by encouraging critical analysis, discussion, and/or lifelong learning. | X | ||||
| 10 | Develops a sense of work ethics and social responsibility. | X | ||||
| 11 | Develops communication skills. | X | ||||
| 12 | Improving the ability to effectively apply knowledge and skills in at least one of the following areas: Economic policy, public policy, international economic relations, industrial relations, monetary and financial relations | X | ||||
ECTS/Workload Table
| Activities | Number | Duration (Hours) | Total Workload |
|---|---|---|---|
| Course Hours (Including Exam Week: 16 x Total Hours) | 16 | 3 | 48 |
| Laboratory | |||
| Application | |||
| Special Course Internship | |||
| Field Work | |||
| Study Hours Out of Class | 16 | 5 | 80 |
| Presentation/Seminar Prepration | |||
| Project | |||
| Report | |||
| 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 | ||