Information Package / Course Catalogue
Microeconomics II
Course Code: ECO202
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
Objectives of the Course

Students will be able to do the activity definition of a market society based on private property and to teach them to resolve problems that arise.

Course Content

Factor in imperfect market conditions, micro general equilibrium and properties, monopolistic competition and oligopoly, Game Theory, market failure.

Name of Lecturer(s)
Lec. Hatice ARMUTCUOĞLU TEKİN
Learning Outcomes
1.Explains pricing, investment, and output decisions of firms depending on market structure and the behaviour of competitors.
2.Examines input markets and capital investment decisions.
3.Describes the goal of economic efficiency.
4.Applies the principles of game theory to analyse strategic decisions.
5.Shows when markets generate efficient outcomes, explain when they fail.
6.Describes necessary government intervention.
Recommended or Required Reading
1.A. KOUTSOYIANNIS, Modern Mikro İktisat, Çev. Muzaffer Sarımeşeli, Birinci Baskı, Ankara: Gazi Kitabevi, 1997.
2.Jonathan HAMILTON – Valerie Y. SUSLOW, Study Guide for Microeconomics, 7th Edition, Prentice Hall, UK, 2008.
Weekly Detailed Course Contents
Week 1 - Theoretical
Factor in Imperfect Market Conditions
Week 2 - Theoretical
General Equilibrium Model Features
Week 3 - Theoretical
Micro General Equilibrium and Properties, Production and Consumption Simultaneous Events
Week 4 - Theoretical
Welfare Theory, Public Goods
Week 5 - Theoretical
Monopolistic Competition and Oligopoly
Week 6 - Theoretical
Monopolistic Competition and Oligopoly
Week 7 - Theoretical
Uncertainty on Consumption, Investment, Time and Capital Markets
Week 8 - Theoretical
Uncertainty on Consumption, Investment, Time and Capital Markets
Week 9 - Theoretical
Game Theory: Threats, Promises, Credibility, Entry Barriers, Auctions
Week 10 - Theoretical
Game Theory Cooperative and non-cooperative games, Dominant Strategies, Nash Equilibrium
Week 11 - Theoretical
Game Theory: Repeated Games, Simultaneous Games
Week 12 - Theoretical
Market Failure: Asymmetric Information
Week 13 - Theoretical
Market Failure: Moral Hazard, Adverse Selection
Week 14 - Theoretical
Market Failure: Externalities
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory140342
Reading140114
Individual Work140456
Midterm Examination115116
Final Examination121122
TOTAL WORKLOAD (hours)150
Contribution of Learning Outcomes to Programme Outcomes
PÇ-1
PÇ-2
PÇ-3
PÇ-4
PÇ-5
PÇ-6
PÇ-7
PÇ-8
PÇ-9
PÇ-10
PÇ-11
PÇ-12
PÇ-13
PÇ-14
PÇ-15
OÇ-1
5
4
4
3
2
1
2
1
OÇ-2
4
3
5
2
2
2
2
2
OÇ-3
5
4
4
3
2
1
2
1
OÇ-4
4
3
5
2
2
2
2
2
OÇ-5
5
4
4
3
2
1
2
1
OÇ-6
4
3
5
2
2
2
2
2
Adnan Menderes University - Information Package / Course Catalogue
2026