Information Package / Course Catalogue
| Course Code | : ECON212 |
| 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 | : 6 |
In this course, it is aimed to understand how producers make economic decisions such as production, cost, price, advertising and marketing under different market conditions, to understand how supply and demand and market equilibrium are formed in factor markets, to understand how economic decisions of producer and consumer decision units in multiple markets are made and why the market mechanism fails.
In this course, theories explaining firm behaviour and decision-making processes in perfect competition and imperfect competition markets, theories explaining equilibrium in factor markets, general equilibrium and welfare theories and analyses determining market efficiency will be taught.
| Prof. Necmiye CÖMERTLER |
| 1. | Students will be able to define perfect competition and analyse short and long run equilibrium in perfect competition. |
| 2. | Students will be able to define monopoly market and analyse equilibrium in monopoly market in short and long run. |
| 3. | Students will be able to define oligopoly market and explain market equilibria in oligopoly market. |
| 4. | Students will be able to define monopolistic competition, analyse firm equilibrium, idle capacity and inefficiency in monopolistic competition. |
| 5. | Students will be able to define factor markets, analyse the pricing of factors of production in factor markets and factor market equilibrium under different market assumptions. |
| 1. | Zeynel Dinler (2021) Mikro Ekonomi. Ekin Yayınları (32. Baskı) |
| 2. | Abdullah Özdemir, Mümin Eser (2021) Mikro İktisat. Alter Yayıncılık (7. Baskı) |
| 3. | Paul R. Krugman, Robin Wells (2023) Ekonomi. Palme Akademik Yayınları |
| Type of Assessment | Count | Percent |
|---|---|---|
| Midterm Examination | 1 | %40 |
| Final Examination | 1 | %60 |
| Activities | Count | Preparation | Time | Total Work Load (hours) |
|---|---|---|---|---|
| Lecture - Theory | 14 | 3 | 3 | 84 |
| Midterm Examination | 1 | 25 | 3 | 28 |
| Final Examination | 1 | 35 | 3 | 38 |
| TOTAL WORKLOAD (hours) | 150 | |||
PÇ-1 | PÇ-2 | PÇ-3 | PÇ-4 | PÇ-5 | PÇ-6 | PÇ-7 | PÇ-8 | PÇ-9 | PÇ-10 | PÇ-11 | PÇ-12 | |
OÇ-1 | 5 | 5 | 3 | 2 | 3 | 2 | 2 | 4 | 2 | 3 | 3 | 3 |
OÇ-2 | 5 | 5 | 3 | 2 | 3 | 2 | 2 | 4 | 2 | 3 | 3 | 3 |
OÇ-3 | 5 | 5 | 4 | 2 | 3 | 2 | 3 | 4 | 2 | 3 | 3 | 3 |
OÇ-4 | 5 | 5 | 3 | 2 | 3 | 2 | 2 | 4 | 2 | 3 | 3 | 3 |
OÇ-5 | 5 | 5 | 3 | 2 | 3 | 2 | 2 | 4 | 2 | 3 | 3 | 3 |