In this course, it is aimed to explain the basic economic problems of all economies and the approach of economic systems to these problems; to explain the economic decision-making behaviours of consumers in order to maximise utility and producers in order to maximise profit; 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 explain how economic decisions are made by producer and consumer decision units in more than one market.

In the microeconomic analysis course, the basic problems of all economies and the approaches of economic systems to the solution of these problems will be examined. Consumer theory will explain how consumers' utility maximising consumption preferences are determined and changed according to the Cardinal and Ordinal approach. With the producer theory, it will be explained how firms determine their production functions and optimum input composition in order to maximise profit. The relationship between input quantity and productivity will be analysed. Market supply, market demand and elasticity analyses of the factors affecting the equilibrium price level will be explained. 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 will be taught.