Information Package / Course Catalogue
Microeconomics
Course Code: İKP541
Course Type: Area Elective
Couse Group: Second Cycle (Master's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 5
Objectives of the Course

The purpose of this course is to enhance the microeconomic knowledge of students and to improve their techniques of economic analysis.

Course Content

Explain the basic concepts and assumptions in microeconomic theory and develop the ability to work with graphs.

Name of Lecturer(s)
Learning Outcomes
1.Students will learn selected topics in modern microeconomic theory ;
2.Students will be able to apply the microeconomic theories to the analysis of real world economic problems;
3.Students will be able to understand how mathematical methods are used to formalize economic concepts ;
4.Students will be able to explain the impact of alternative business objectives on pricing and output decisions of the firm ;
5.Students will be able to analyze consumer behavior under various assumptions;
Recommended or Required Reading
1.Pindyck R.S. And D. Rubenfield, Microeconomics, Sixth Edition, Pearson Education Int., Prentice Hall, New Jersey, 2005.
Weekly Detailed Course Contents
Week 1 - Theoretical
Assessment of the Neo Classical Firm Theory
Week 2 - Theoretical
Pricing Models in Imperfect Competitive Environment I: Bain's Limit-Pricing Theory
Week 3 - Theoretical
Pricing Models in Imperfect Competitive Environment II: Developments in The Theory of Limit-Pricing
Week 4 - Theoretical
Managerial Theories of The Firm: Baumol's Theory of Sales Revenue Maximization
Week 5 - Theoretical
Managerial Theories of The Firm: Marris's Model of The Managerial Enterprise The Behavioral Model of Cyert and March
Week 6 - Theoretical
Contributions to Theory of Consumer Behavior
Week 7 - Theoretical
Production Function and Technological Progress
Week 8 - Intermediate Exam
Midterm Exam
Week 9 - Theoretical
Imperfect Competition in Factor Markets
Week 10 - Theoretical
Cost of Capital and Investment Decision of Firm
Week 11 - Theoretical
Horizontal and Vertical Integration
Week 12 - Theoretical
Market Failures I: Imperfect Competition, Allocation Efficiency and X Inefficiency
Week 13 - Theoretical
Market Failures II: Externalities, Public Goods and Asymmetric Information
Week 14 - Theoretical
General Equilibrium and Welfare Economics
Week 15 - Theoretical
Public Intervention to Market Economy and Social Welfare
Week 16 - Final Exam
Final Exam
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory142370
Individual Work121236
Midterm Examination1819
Final Examination19110
TOTAL WORKLOAD (hours)125
Contribution of Learning Outcomes to Programme Outcomes
PÇ-1
PÇ-2
PÇ-3
PÇ-4
PÇ-5
PÇ-6
PÇ-7
OÇ-1
5
4
4
4
4
4
4
OÇ-2
3
3
3
5
4
4
4
OÇ-3
4
4
4
4
4
4
4
OÇ-4
5
4
4
4
4
4
4
OÇ-5
3
3
3
4
4
4
4
Adnan Menderes University - Information Package / Course Catalogue
2026