Information Package / Course Catalogue
| Course Code | : İKT202 |
| Course Type | : Required |
| Couse Group | : First Cycle (Bachelor's Degree) |
| Education Language | : Turkish |
| Work Placement | : N/A |
| Theory | : 3 |
| Prt. | : 0 |
| Credit | : 3 |
| Lab | : 0 |
| ECTS | : 5 |
The course aims to give students intermediate level treatment of the microeconomic methods to solve firm / production / market specific issues.
The course will focus on the supply side of the market. It will start focusing on the basic behavior of the firm, profit maximization and cost minimization to achieve the total cost of production. Building on these results firm behavior in different market settings the market behavior in various settings, starting with the two extreme cases: perfectly competitive markets and monopoly, and then move to intermediate cases, monopolistic competition and oligopoly will be examined. For understanding of the strategic interaction of firms in Oligopolistic market a brief introduction to game theory will be provided.
| Assoc. Prof. Kıymet YAVUZASLAN |
| 1. | To be able to discuss advanced microeconomic modelling methods. |
| 2. | To be able to solve problems in various microeconomic topics. |
| 3. | To be able to explain strategic interaction between economic agents in different settings. |
| 4. | To learn monopoly markets |
| 5. | To be able to explain imperfect competition markets |
| 1. | Varian, Hal, Intermediate Microeconomics, W. W. Norton & Company, 8th edition, 2010 |
| Type of Assessment | Count | Percent |
|---|---|---|
| Midterm Examination | 1 | %40 |
| Final Examination | 1 | %60 |
| Activities | Count | Preparation | Time | Total Work Load (hours) |
|---|---|---|---|---|
| Lecture - Theory | 14 | 2 | 3 | 70 |
| Individual Work | 12 | 1 | 2 | 36 |
| Midterm Examination | 1 | 8 | 1 | 9 |
| Final Examination | 1 | 9 | 1 | 10 |
| TOTAL WORKLOAD (hours) | 125 | |||
PÇ-1 | PÇ-2 | PÇ-3 | PÇ-4 | PÇ-5 | PÇ-6 | PÇ-7 | |
OÇ-1 | 4 | 5 | 4 | 5 | 4 | 4 | 4 |
OÇ-2 | 5 | 4 | 3 | 4 | 5 | 4 | 5 |
OÇ-3 | 4 | 5 | 4 | 5 | 4 | 5 | 3 |
OÇ-4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 |
OÇ-5 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |